Crypto Crash Stalls WeWork Founder Adam Neumann’s Climate Venture

Flowcarbon has offered to sell credits from the Katingan Mentaya project in Indonesia. The project sponsors production of coconut palm sugar from trees in a bid to prevent deforestation. Former WeWork Chief Executive Adam Neumann resurfaced with a new company earlier this year, Flowcarbon, in a buzzy, young industry that aims to use cryptocurrencies to fight climate change. Flowcarbon as well as a host of similar startups, have slowed operations and product rollouts due to the latest fallout of tanking markets, according to a snapshot of its web site from last year. The company, Flow carbon, has slowed operations, product rollsouts, and product sales have also slowed in the wake of the tanking market, too, as a result. Source