moey! uses a service from fintech Meniga, called “Carbon Insight”, to estimate your Carbon Footprint. “Carbon Insight” contains an estimate of the Carbon Footprint of around 80 spending categories and was created to empower people on environmental issues, helping them to become more aware of their own Carbon Footprint and letting them know its composition by spending categories.
The database that feeds “Carbon Insight” and stores all the data about the Carbon Footprint of spending categories is called the “Meniga Carbon Index”. Scientific research and databases which detail the flow of goods and services between regions and countries are used to create the Meniga Carbon Index. Publicly available data about private consumption and the carbon footprint of goods and services are also used.