Is Green Debit/Credit Card Enough?

Written by

Danny Chen

When it comes to collective climate action, green debit/credit card is a popular topic. Often, people use the service for several reasons:

Sustainable product/service perks

Greenhouse gas emissions(GHG) tracking

Offset GHG with cash-back and bonuses

Donate % of transaction fees to environmental initiatives

Virtual Card or Physical Card with sustainably sourced materials

All these service are great and could bring positive outcome. However, it comes with 1 major limitations: Incomplete Information.

Globally, people often hold 2-4 debit/credit cards with 2-3 bank accounts for various purposes.

When the information is incomplete, it will lead to suboptimal decisions when taking climate action.

Most of the time, suboptimal decisions will not negatively affect our daily life.

We could see ourselves, our family, and our friends making several of them in various situations.

However, when it comes to problem-solving, such as climate change, suboptimal decisions decrease our success rate.

Given our limited time, money, and attention, people usually don’t have the luxury of multiple attempts until success.

In the case of climate action, it will negatively affect our lives in the foreseeable future with scientific consensus.

At Optivide, we support people to take climate action with finance in mind.

We acknowledge that our resources(time, money, and attention) are limited, and the best way to maximize our net positive impacts is through planning with complete information.

If climate change is a problem you deeply care about, join our signup waitlist to amplify your potential positive outcomes together.