Ripple invests $100 million into the carbon markets for carbon credit removal and support projects and strategic partnerships.
This is part of its plan of going carbon neutral by 2030, interestingly, this can be achieved before the targeted period. 
Tokenized Real World Assets (RWA) are predicted to have an estimated value of $16T by 2030 according to Boston Consulting Group. Per definition, it is the process of placing tangible assets such as bonds, equities, metals, carbon credits, etc on blockchain ledgers as digital assets.
According to reports, carbon credits exist as one of the fastest-rising tokenization use cases that support the reduction of carbon emissions to contribute to a more sustainable future. It also plays an important role by increasing liquidity, transparency, and opening new revenue streams. To support these use cases, Ripple has committed $100 million to the carbon markets. 
How the Fund Would be Used
According to the announcement, the fund is expected to be use

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