The promising markets for voluntary carbon credits are faced with crippling challenges to the certification of carbon sequestration and the lack of scalable market infrastructure in which companies and institutions can invest in carbon offsetting. This amounts to a funding problem for green transition projects, such as in the agricultural sector, since farmers need access to the liquidity needed to fund the transition to sustainable practices. We explore the feasibility of mitigating infrastructural challenges based on a DLT Trading and Settlement System for green bonds. The artefact employs a multi-sharded architecture in which the nodes retain carefully orchestrated responsibilities in the functioning of the network. We evaluate the artefact in a supranational context with an EU-based regulator as part of a regulatory sandbox program targeting the new EU DLT Pilot regime. By conducting design-driven research with stakeholders from industrial and governmental bodies, we contribute to the IS literature on the practical implications of DLT.

翻译：自愿碳信用市场发展前景广阔，但面临碳封存认证难题及缺乏可扩展的市场基础设施，导致企业和机构难以投资碳抵消项目。这给农业等领域的绿色转型项目带来资金困境——农户亟需流动性以实现可持续生产转型。我们探索了基于分布式账本技术（DLT）交易结算系统改善基础设施瓶颈的可行性。该构件采用多分片架构，各节点在网络运行中承担精心协调的职责。我们在欧盟监管机构主导的超国家场景下对其进行评估，该评估属针对欧盟新DLT试点制度的监管沙盒项目范畴。通过与产业界及政府机构利益相关方开展设计驱动研究，我们为信息系统（IS）领域关于DLT实践应用的研究做出了贡献。