Simulation of automated carbon quota trading based on blockchain technology

Olga A. Ivashchuk, Dmitry V. Goncharov, I.A. Goncharova, Bagdat Yagaliyeva

2026

Full text Open access: Gold Metadata (CSL-JSON)
DOI 10.21869/2223-1560-2026-30-1-79-95
Data confidence 70 medium
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Abstract

Purpose of research. The Russian Federation and the Republic of Kazakhstan are member countries of the Kyoto Protocol, an international agreement aimed at reducing greenhouse gas emissions in order to combat climate change. This requires the formation of a model bank for automated management of the allocation of quotas for greenhouse gas emissions into the atmosphere. Methods. Based on the analysis of carbon accounting features, a new trading methodology based on Blockchain technology and the VCG algorithm is proposed, aimed at increasing transparency, security and automation of transactions between market participants. A method and algorithm for implementing carbon emission quotas through the auction system has been developed, which ensures the openness and transparency of the distribution process. Results. In this paper, we have modeled a digital platform for automated carbon emissions trading using Blockchain technology. A study of the existing tools and mechanisms of the carbon emissions quota market has been carried out, its main problems have been identified, such as insufficient transparency of transactions, the risk of fraud and difficulties in monitoring compliance with regulatory requirements. As part of the simulation, smart contracts were developed and tested, which automate the fulfillment of transaction conditions and transaction accounting. The use of Blockchain technology makes it possible to ensure high information security, control the course of trading and prevent unauthorized data changes. An automated system for accounting and conducting transactions increases the efficiency of quota management and reduces transaction costs. Conclusion. The developed prototype of the digital platform promotes the development of an environmentally responsible economy, encourages enterprises to reduce their carbon footprint, and ensures transparency and security in trading environmental quotas. As a result, the proposed model increases the confidence of market participants and contributes to the formation of a sustainable system for regulating greenhouse gas emissions.