In an exciting event, ChainSafe helped organize a hackathon in which Blockchain for Climate Foundation was used as one of the bounties.
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Blockchain for Climate founder Joseph Pallant was interviewed and cited in a Forbes piece on “This Is What Some Experts Think Is Critical For Blockchain In 2019.”
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Blockchain for Climate founder Joseph Pallant participated in the Panel Debate: “Energy Transitions advancing innovation in technology and financing for a low carbon future.”
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Energy Studies Institute staff met with the Founder of Blockchain for Climate, Mr Joseph Pallant to discuss how blockchain technology can be used to help solve complex climate challenges and assist countries in implementing the Paris Agreement.
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In our previous post, we highlight the case for linking international efforts to reduce greenhouse gas emissions by putting the Paris Agreement on the blockchain. In this post, we’ll dig deeper into our proposed unit of account by introducing the “Blockchain Internationally Transferred Mitigation Outcome”, or BITMO.
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International collaboration on reducing greenhouse gas emissions is critical to halting climate change. A national accounting of emissions, connected through a ledger recording international transfer of emissions reductions, enables transparency and accountability on who is doing what for the climate. This in turn paves the way for proactive investment into climate projects, technologies and policies by creating a financial pathway for incentivizing emissions reductions and increased ambition. Blockchain for Climate Foundation is building the tools to achieve this goal using blockchain technology.