Folks Finance has <a href="https://folksfinance.medium.com/folks-finance-offsets-its-footprint-carbon-neutral-with-climatetrade-2147f8b9c274">partnered</a> with ClimateTrade, a blockchain-based fintech that helps companies reduce their carbon footprint. With this partnership, Folks Finance has joined the Algorand's mission to be the greenest blockchain ecosystem. This announcement to become a carbon-neutral platform has just come to light ahead of Earth Day, April 22.
<h2>Folks Finance to Become Carbon Neutral with ClimateTrade</h2>
To achieve its goal of becoming a sustainable blockchain, Algorand has been partnering with several platforms since April 2022. One such platform is the ClimateTrade. Following the lead of Algorand, Folks Finance is also set to become a carbon-neutral platform by partnering with ClimateTrade.

[embed]https://twitter.com/FolksFinance/status/1516433142982324224[/embed]

ClimateTrade offers innovative digital solutions to companies to help them reduce their footprint. Companies can easily access their products and services through the recently launched API and widget integration. By pairing up with the fintech company, Folks Finance looks forward to offsetting its carbon footprint.

The whole process of offsetting carbon footprint begins with an internal analysis of data. ClimateTrade analyzes the data such as office electricity consumption, software and hardware providers, etc. As a result, ClimateTrade evaluates the total environmental impact of Folks Finance. After preparing a report, it helps the Folks Finance team in offsetting the carbon footprint.
<h2>Leading the Path Towards a Greener Future</h2>
Algorand has committed to being a carbon-neutral blockchain ecosystem. It has reflected on its mission on the occasion of Earth day 2022. The network already records a relatively low carbon footprint as it runs on Pure Proof-of-Stake (PPoS) consensus mechanism. With a partnership with ClimateTrade, Algorand aims to decrease its environmental impact further.

[embed]https://twitter.com/Algorand/status/1516067311370706945[/embed]

The Algorand network is <a href="https://www.cryptoknowmics.com/news/could-algorand-be-the-future-of-blockchain">leading</a> a path towards a greener future by supporting sustainable blockchain development. Meanwhile, Folks Finance is closely following the footsteps of Algorand and decided to reduce its carbon footprint with the help of ClimateTrade.
<h2></h2>

Folks Finance Partners with ClimateTrade, Joins ALGO Mission

Folks Finance partners with ClimateTrade and joins the mission of Algorand to become a sustainable blockchain, ahead of Earth Day, April 22.

Manisha is a content writer specializing in the crypto and blockchain space. Having around 1 year of experience in the crypto industry, she covers different types of content - articles, educative blog posts, and newsletters. The global-scale adoption of cryptocurrencies and the evolution of blockchain space fascinate her.

Folks Finance Partners with ClimateTrade, Joins ALGO Mission

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