Based on interviews with market participants and our own research, Chakravorti, Cook, DeAlto and Rioux make several recommendations to improve transparency, efficiency, and trust in VCMs. Today, corporates are facing increasing pressure to make net-zero commitments whereby their residual greenhouse gas (GHG) emissions are completely offset. By purchasing offsets in...
In this working paper, Chakravorti, Cook, DeAlto, and Rioux discuss how to scale voluntary carbon markets to enable us to meet our climate goals. Today, corporates are facing increasing pressure to make net-zero commitments whereby their residual greenhouse gas (GHG) emissions are completely offset. By purchasing offsets in voluntary carbon...
In this blog, Chakravorti discusses voluntary carbon markets (VCMs) and their potentially important role to enable us to meet the goals of the Paris Agreement. Carbon offsets allow corporates to negate their residual greenhouse gas emissions including indirect emissions in corporates upstream and downstream value chain, commonly referred to as...
Chakravorti and Chakra Advisors' Global Advisory Board members, Carbo and Rodriguez were key contributors to the recently published World Bank study on Incentives for Electronic Payment Acceptance.
Chakravorti speaks at CAFIN at UC Santa Cruz and Lam-Larsen FinTech Initiative at Lam Family College of Business, San Francisco State University joint conference on FinTech.
In his role as Chief Economist at Ripple, Bob Chakravorti participated on a high-level virtual panel to discuss the COVID-19 pandemic and financial inclusion sponsored by CAREC and Astana International Finance Center.
As part of training of Indian senior bankers, the National Institute of Bank Management located in Pune, India, invited Bob Chakravorti to teach three courses. This course is on the viability and applications of cryptocurrencies and crypto assets.
In this chapter, Biasi and Chakravorti study how cryptotoken issuance, also referred to as initial coin offerings and security token offerings, may disrupt funding markets such as venture capital, crowdfunding, and private equity. The authors discuss the necessary infrastructure to support this new asset class. The authors analyze the market...
Generally, cross-border fund transfers occur over proprietary platforms requiring multiple intermediaries including banks. How do we provide payment mechanisms to the greater than 1.7 billion people without access to bank-intermediated financial services at a lower cost globally? Facebook announced last week that its new global currency, Libra, will address this...