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Hacking Climate Change: Implementing The Paris Agreement With Blockchain Technology

Hacking Climate Change: Implementing The Paris Agreement With Blockchain Technology

Hacking Climate Change: Implementing the Paris Agreement with Blockchain Technology By Ingo Puhl, Co-Founder of South Pole AG* *: The writing of this article was inspired by numerous conversations, presentations and other interactions with a number of visionaries in the DLT and climate space during and after COP 23. I would like to recognize a few: Nick Beglinger from the Foundation Cleantech 21 and founder of the climateledger initiative whose efforts made the hack4climate event possible, Alexandre Paris from the UNFCCC Secretariat (and former colleague) who made sure that the hack4climate event interfaced with COP 23, Michael Casey, Senior Advisor of the Digital Currency Initiative at MIT Media Lab, whose understanding of DLT as social technology is mind-changing, and Tom Baumann from Collaborase/Standards 2.0 Initiative whose focus on piloting the development of DLT-powered rule-making will make a substantial contribution. I have followed the climate policy debate since COP 1 in various capacities most importantly and as an entrepreneur interested in disruptive innovation to accelerate the transformation to the low carbon economy. I have made it my business to track a) the technologies and b) regulatory incentive frameworks most likely to drive this transition. As a result, I have become interested in the use of distributed ledger technology (DLT) (also sometimes referred to as blockchain technology) to organize renewable energy (RE) powered distributed energy systems and overcome key barriers to the widespread implementation of energy efficiency (EE) in many sectors. My increasing understanding of the applicability of DLT has convinced me that its use is not only important within the context of accelerating climate actions in a variety of sectors but that DLT could Continue reading >>

Un Creates Blockchain Coalition To Tackle Climate Change

Un Creates Blockchain Coalition To Tackle Climate Change

UN Creates Blockchain Coalition to Tackle Climate Change The United Nations is boosting its efforts to tackling climate change by further exploring the use applications of the blockchain. In a blog post , the UN revealed that it had facilitated the creation of a new organisation called the Climate Change Coalition (CCC). Its aim is to explore the distributed ledger with the possibility of using the technology in the fight against climate change. The UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability, said Massamba Thioye, who is leading UN Climate Changes work exploring DTL and blockchain. Since last May, the UN has been looking into the idea of using the blockchain to improve the governance and sustainability in support of collective action aimed at fighting climate change. By seeing the potential of the distributed ledger, the UN is hoping that through the formation of the CCC it will strengthen monitoring, reporting, and verification of the impacts of climate change, build trust, and improve transparency, traceability, and cost-effectiveness of climate action. The collaboration and establishment of the CCC was created during a December 2017 meeting in Paris among a multi-stakeholder group of 25 organisations. [CCC] will cooperate to support the rapid advancement of DLT solutions to address climate change across mitigation and adaptation through enhanced climate actions, including but not limited to the measurement, reporting and verification (MRV) of the impact of all sorts of intervention, and the mobilization of climate finance from diversified sources. At present, the coalition has 32 members signed up, with new members welcomed to join and contribute to a climate-resilient e Continue reading >>

Un May Utilize Blockchain In Climate Change

Un May Utilize Blockchain In Climate Change

UN May Utilize Blockchain in Climate Change U.N. has detailed some specific uses of blockchain technology in helping to reduce climate emissions globally. A recent blog post from the United Nations Framework Convention on Climate Change (UNFCCC) details the potential of Blockchain technology in helping to control climate change. The power of a distributed network has already been understood by the private sector, but these applications are opening new doors for transparency and tracking in climate control. The blog post detailed the improved transparency in carbon emissions trading, especially in countries like China where tracking emissions has been difficult. Blockchain could also facilitate peer-to-peer clean energy trading using tokens or digital assets. Finally, the post explains that Blockchain would effectively eliminate the double-counting problem in tracking greenhouse gas emissions while tracking the nationally determined contributions (NDCs) from the Paris Agreement. The United Nations Climate Change (UNFCCC) secretariat recognizes the general potential of Blockchain technology. In particular, transparency, cost-effectiveness and efficiency advantages, which in turn may lead to greater stakeholder integration and enhanced creation of global public goods are currently viewed as the main potential benefits. Only last week, we reported how the United Nations World Food Programme uses the Ethereum Blockchain to transfer vouchers based on cryptocurrencies to refugees in Syria. As Blockchain technology continues to mature, applications will continue to improve, especially in areas requiring transparency and tracking. Continue reading >>

Un Forms Blockchain Coalition To Fight Climate Change

Un Forms Blockchain Coalition To Fight Climate Change

UN Forms Blockchain Coalition to Fight Climate Change In aJan. 22 blog post , the U.N. announced that it has helped launch a new group called the Climate Chain Coalition, which will aim to research the use cases for distributed ledger technology (DLT) in climate change-related initiatives, and potentially adopt them. As previously reported by CoinDesk, the U.N has been investigating since last May how to create transparent and efficient systems using blockchain that could be applied in situations such as, for example, monitoring carbon emissions, clean energy trading and fund allocation. According to the blog post, the new coalition came about at a December 2017 meeting of 25 DLT-focused organizations, which agreed to establish the initiative based on the principles ofParis Climate Agreement. "[The coalition] will cooperate to support the rapid advancement of DLT solutions to address climate change across mitigation and adaptation through enhanced climate actions, including but not limited to the measurement, reporting and verification (MRV) of the impact of all sorts of intervention, and the mobilization of climate finance from diversified sources." Continue reading >>

How Blockchain Can Help Combat Climate Change

How Blockchain Can Help Combat Climate Change

How Blockchain Can Help Combat Climate Change How Blockchain Can Help Combat Climate Change by @vanrijmenam Blockchain technology will enable us to decentralise the web and decentralise many, if not all, the services that are offered via the web. A decentralised internet was how the internet was originally envisioned, but somehow in the past 25 years, it ended up in the hands of a few very powerful companies. As Sir Tim Berners-Lee said during the Decentralised Web Summit in 2016: The web was designed to be decentralised so that everybody could participate by having their own domain and having their own webserver and this hasnt worked out. Instead, weve got the situation where individual personal data has been locked up in these silos. Fortunately, Blockchain will allow us to bring back the power to the users and to create a decentralised society. Already, Blockchain challenges many industries, of which the financial industry will see the largest impact of Blockchain in the coming years. The question, however, is how Blockchain will have an impact on other global problems. In a new series of Blockchain posts, I will dive into different problems we face and see if and how the Blockchain could help solve these issues. I will discuss problems such as climate change, poverty, refugee crisis, voting fraud, censorship or even super artificial intelligence and see how Blockchain can be involved in a possible solution to these challenges. Please let me know in the comments, if you have more areas that should be looked at. This first post will be about if Blockchain can help combat climate change and if so, how a decentralised solution for climate change would work . With Trump nominating more and more climate change sceptics in his government, there is little hope that the USA Continue reading >>

Hack4climate - Bringing Together Developers And Climate Experts

Hack4climate - Bringing Together Developers And Climate Experts

There will be six challenges at Hack4Climate: Develop ideas that capture emissions at source through IoT sensors, or in the supply chain, Enable an international carbon inventory, and trading in certificates or actual emission tons. , Can we build a system that uniquely identifies all global emissions? Check out our use case Leverage DLT to price carbon, incl. with tax/dividend schemes as well as with marked-based mechanisms. Devise solutions to internally price carbon, for public and private organisations. Can we devise a global P2P exchange of carbon assets (i.e. liabilities)? Can DLT bring an efficient solutions for existing UN schemes promoting voluntary efforts? If we want to solve climate change, we need to solve energy. Develop new market models to improve energy market models and load management. Think bottom-up, think no central authority/utility, think about developed & developing countries Land use, as energy, is a major source of emissions. Can we use DLT to register/account for land use or enable financing of sustainable land use? How can illegal land use be identified in an efficient and automated way? Can, what is applied to forest and agriculture, also be applied to oceans? Does DLT, in connection with IoT, have a role to play regarding sustainable buildings? Besides energy and land use, its transport that still causes major emissions. How could we use DLT to improve private and as public transport? What can be done in mobility, what in logistics? Do you have other ideas on how to use DLT could address climate change? This is your challenge then you are free to choose any topic you think is relevant and meaningful. Stay on the ground and propose only what you think is realistic and will have an impact. In the light of urgency for #ClimateAction, we are Continue reading >>

Cop23 Explores The Role Of Blockchain In Climate Action

Cop23 Explores The Role Of Blockchain In Climate Action

COP23 explores the role of blockchain in climate action At the Climate Ledger Initiative side event in Bonn, experts from the intersection of climate and IT discussed the opportunities and risks of using distributed ledger technology to accelerate implementation of the Paris Agreement. The first major application of Blockchain technology was the digital currency Bitcoin, launched in 2009, allowing online payments to be transferred without an intermediary, catalysing an emergingshift from centralised to de-centralised financial systems. Attention is increasingly turning to how this decentralised ledger technology can accelerate climate action. Earlier this year, the UNFCCC held an event showcasing how blockchain can boost climate action through carbon emission trading, climate finance flows, and more accurate tracking of greenhouse gas (GHG) emissions reductions by avoiding double counting. Blockchain was also a major topic during the Innovate4Climate 2017 conference in Barcelona this May, organised by the World Bank Group and others. The Climate Ledger Initiative, a partnership between the UNFCCC Secretariat, the World Bank Group and the Massachusetts Institute of Technology, kept discussion going with its side event on the first day of the COP23,sharing a crucial snapshot of global research activities and some of the very first use cases. At the heart of distributed ledger technology is the hash algorithm, or a 32-digit number that acts as a digital fingerprint to identify the data that it is associated with. If the data is changed, even by a comma, then so too, is the 32-digit number. Data files can be built on, and the previous hash fingerprint compared, creating a data trail that is a visible public record. It is this feature that gives blockchain its immutability, Continue reading >>

Un Coalition: Fighting Climate Change With Blockchain

Un Coalition: Fighting Climate Change With Blockchain

UN Coalition: Fighting Climate Change With Blockchain The United Nation plans to combat climate change with support from blockchain technology with the creation of the Climate Chain Coalition. On January 22, 2018, the United Nations announced the creation of the Climate Chain Coalition (emphasis ours). The partnership includes at least 32 organizations working to apply blockchain technology to keep accurate records. According to the Climate Chain Coalition's (CCC) official announcement, the UN hopes that blockchain technology will help to improve the process of reporting and verifying climate actions, providing stronger monitoring capabilities. The consensus-based immutable nature of a blockchain platform allows for added transparency in the keeping of global data related to climate change as well, which the UN hopes will help to build trust among participants. Massamba Thioye, a manager of sustainable development of the United Nations Framework Convention on Climate Change (UNFCCC), described the necessity of across-the-board collaboration for the development of blockchain technology. As per the CCC's membership charter, those working together in the coalition are unified under the auspices of the climate accord known as the Paris Agreement. "To fully and promptly mobilize this potential, broad collaboration among stakeholders is needed to direct resources to priority areas, avoid duplication of effort, and help avoid the pitfalls of working on a new technology with countless unknowns." Other guidelines in the charter include the crafting of technology-agnostic platforms, implementation of standardization practices, and efforts to reduce fraud. Within the UNFCCC is the Secretariat, a division created in 1992 central to global warming, whose membership encompasses indi Continue reading >>

United Nations Forms Dlt Coalition To Fight Climate Change

United Nations Forms Dlt Coalition To Fight Climate Change

United Nations Forms DLT Coalition to Fight Climate Change United Nations Forms DLT Coalition to Fight Climate Change The United Nations are paying attention to innovative technologies. Especially when it comes to enhanced climate action, a lot of interesting things will happen. Right now, their objective is to utilize blockchain technology for this specific purpose. As a result, the Climate Chain Coalition has been formed. An interesting development that will help put blockchain technology on the map even further. It is good to see the United Nations pay attention to blockchain technology. This new innovative technology can help them achieve many different goals in the future. For now, the main focus is on climate change and coming up with viable solutions. Creating the Climate Chain Coalition makes a lot of sense in this regard. It will elevate the fight against climate change to a whole new level. More specifically, this coalition is formed by 25 organizations working on distributed ledger technology. This global initiative has announced they are open to more members joining the risks moving forward. Enhancing climate action and sustainability are the two main priorities for the time being. It is evident the United Nations needs some sort of innovative approach to addressing climate change. How blockchain will factor into all of this has yet to be determined at this point. It is true DLT-based applications can impact many different aspects of life. Enhancing the environmental integrity is an option well worth looking into right now. Most other solutions and projects to date have not been overly successful when it comes to climate change . Even though DLT may not be the answer per se, it remains to be seen what the future holds. There are multiple advantages to this Continue reading >>

Un Builds Anti-climate Change, Blockchain-based Coalition

Un Builds Anti-climate Change, Blockchain-based Coalition

UN Builds Anti-Climate Change, Blockchain-Based Coalition For years, climate change has been an extremely controversial topic, given the fact that there are people who believe it is happening, people who dont care, and those who think its a conspiracy. Regardless, recent reports indicate that the United Nations Climate Change Secretariat is planning to form a Climate Chain Coalition that will carry out research into how blockchain technology can be used to combat this trend. So far, a total of 25 organizations involved with blockchain technology, have agreed to help form the coalition. Currently, the UN sign-ups for the program counts a total of 32 members, and sign ups remain open. According to the blockchain climate change UN project leader, Massamba Thioye, The UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability. The coalition, dubbed as the CCC, will try its best to help advance collaboration on blockchain-based projects capable of having an influence in the climate change fight. Members have all agreed on sharing information, and collaborating in a wide variety of domains, including but not limited to: research, pilot projects, governance, networking, and more. The main goals of the project are to strengthen the reporting, verification and monitoring processes of climate change, while also improving the efficiency of anti-climate change actions, and refining transparency. Additionally, the coalition also hopes to make incentive mechanisms for climate-related actions available in some of the poorer regions of the world. The project manager also mentioned that: To fully and promptly mobilize this potential, broad collaboration among stakeholders is needed to direct resources to p Continue reading >>

Un Supports Blockchain Technology For Climate Action | Unfccc

Un Supports Blockchain Technology For Climate Action | Unfccc

UN Supports Blockchain Technology for Climate Action Article / 22 Jan, 2018 UN Supports Blockchain Technology for Climate Action New Climate Chain Coalition Launched, Seeking Members UN Climate Change News, 22 January 2018 Suppose information important to tackling climate change such as an industry sectors greenhouse emissions were continually updated from a multitude of sources and shared in an open and transparent way. Crucial information would be readily available, up-to-date, transparently displayed and reviewed for accuracy. This is the promise of so-called distributed ledger technology (DLT), the benefits of which seem limited only by the imagination of people familiar with the technology. The most well-known application of DLT and blockchain technology has been for creation of e-currencies, such as Bitcoin. Blockchain technology is based on a mutual distributed network, which allows for high-level trust among users and better monitoring over the stored data. To encourage exploration and eventual use of this technology in support of climate action, the UN Climate Change secretariat initiated and facilitated the creation of the Climate Chain Coalition and contributed to the writing of its charter of principles and values (below). The UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability, said Massamba Thioye, who is leading UN Climate Changes work exploring DLT and blockchain. strengthen monitoring, reporting and verification of the impacts of climate action improve transparency, traceability and cost-effectiveness of climate action make incentive mechanisms for climate action accessible to the poorest To fully and promptly mobilize this potential, broad collaboration among stake Continue reading >>

Un Researches Blockchain For Climate Change With New Coalition

Un Researches Blockchain For Climate Change With New Coalition

UN Researches Blockchain for Climate Change with New Coalition On the 22nd of January, the UN released a blog post announcing the creation of the Climate Change Coalition (CCC). The CCCs purpose is to research use cases for blockchain technology and how it can help fight climate change. The UN believes that blockchain technology can strengthen monitoring, reporting, and verification of the impacts of climate change by improving transparency, traceability, and cost-effectiveness of climate action. Blockchain technology can also build trust among climate actors and ensure that even the poorest can access incentive mechanisms for climate action. The CCC will research blockchain technology and rollout pilot projects to test its viability. The global initiative currently has 32 members and 25 organizations involved in the research and implementation of blockchain technology. The Climate Chain Coalition and its membership charter On the 12th of December, 2017 during the One Planet Summit, a multi-stakeholder group of 25 organizations working on blockchain technology, held a meeting and decided to establish a global initiative called the Climate Chain Coalition (CCC). The CCCs mission is to, advance collaboration among membersto help enhance the environmental integrity and results of DLT [distributed ledger technology] applications for the climate. Massamba Thioye, a member, leading the UN Climate Changes blockchain network agreed and stated that the UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability. Blockchain technology will, therefore, help mobilize climate finance to increase climate actions. To move forward, the CCC members agreed on shared principles and values to facilitate and gu Continue reading >>

The Un Is Combating Climate Change One Block(chain) At A Time

The Un Is Combating Climate Change One Block(chain) At A Time

The UN is Combating Climate Change One Block(chain) at a Time Nikita Blows January 25, 2018 8:00 pm Were all aware of the versatility and usability of blockchain technology, and not just in the virtual currency industry. It can be used in nearly any industry relying on recording transactions and data, including the UN. The UN will soon be taking advantage of the power of blockchain in the fight against climate change. According to the EconoTimes , the groups Climate Change secretariat has launched the Climate Chain Coalition (CCC), whose main aim will be to research how the technology can help in the fight against this global problem. The coalition currently has 32 members but will welcome more participants. It comprises of 25 organizations involved in researching and implementing distributed ledger technology (DLT). Massamba Thioye, who is leading the secretariats blockchain efforts, had this to say: The UN Climate Change secretariat recognizes the potential of blockchain technology to contribute to enhanced climate action and sustainability. UN Has Been Warming up to Blockchain for a While This isnt the first time that the UN has expressed a keen interest in using blockchain technology to help combat climate change. A blog posted by the group in June 2017 discussed how the UN was aware of blockchains potential. Alexandre Gellert Paris, Associate Programme Officer at last years United Nations Framework Convention on Climate Change (UNFCCC), previously said: As countries, regions, cities and businesses work to rapidly implement the Paris Climate Change Agreement, they need to make use of all innovative and cutting-edge technologies available. Blockchain could contribute to greater stakeholder involvement, transparency and engagement and help bring trust and further inn Continue reading >>

Top 5 Articles Crypto And Blockchain For Climate Change - Edition 3 - Bluenote

Top 5 Articles Crypto And Blockchain For Climate Change - Edition 3 - Bluenote

Learn more -> UN researches blockchain for climate 2.The National Institute of Standard and Technology is taking a closer look at applications for blockchain and is putting smart buildings on the map The National Institute of Standard and Technology (NIST) issued a report to provide a high-level technical overview for applications of the blockchain technology. Thereport mentions several nonfinancial applications of blockchain technology, smart buildings that autonomously trade excess renewable energy and supply chain monitoring and management amongst others. Learn more -> NIST blockchain report examines the tech behind the hype 3.It is not only about the technology but also about the management of the technology We completely agree with Steven Cohen who is advocating for companies to each ask themselves the question of: How does an organization learn to reduce its negative impact on the environment? This is the question we at Bluenote are answering, as we are implementing the blockchain technology for emission-reducing technology upgrades of commercial office buildings. Learn more -> Sustainability is the future of management 4. Real estate and technology executives are coming together and the outcome is magic! Representatives of the real estate sector and tech executives came together to discuss how the newest technologies can innovate the space. With this wide variety of data, it is little surprise that their latest technical priority is data efficiency and data integration for real estate. Learn more -> Inside Hacker Connect 2018: predictive analytics, biometrics, and blockchain 5. Sea levels are rising in Europe - This is why we need to act now! Sea levels are rising 3millimetres every year since 1993 and the increase has not happened gradually. Even though many ci Continue reading >>

Un Forms Blockchain Coalition To Fight Climate Change

Un Forms Blockchain Coalition To Fight Climate Change

UN Forms Blockchain Coalition to Fight Climate Change Jan 23, 2018 at 14:00 UTC|UpdatedJan 24, 2018 at 02:24 UTC The United Nations is increasing its efforts to promote applications of blockchain technology to further action on climate change. In aJan. 22 blog post , the U.N. announced that it has helped launch a new group called the Climate Chain Coalition, which will aim to research the use cases for distributed ledger technology (DLT) in climate change-related initiatives, and potentially adopt them. As previously reported by CoinDesk, the U.N has been investigating since last May how to create transparent and efficient systems using blockchain that could be applied in situations such as, for example, monitoring carbon emissions, clean energy trading and fund allocation. According to the blog post, the new coalition came about at a December 2017 meeting of 25 DLT-focused organizations, which agreed to establish the initiative based on the principles ofParis Climate Agreement. "[The coalition] will cooperate to support the rapid advancement of DLT solutions to address climate change across mitigation and adaptation through enhanced climate actions, including but not limited to the measurement, reporting and verification (MRV) of the impact of all sorts of intervention, and the mobilization of climate finance from diversified sources." Now with 32 members signed up, the group is seeking participation from wide range of organizations that have technological expertise. "To fully and promptly mobilize this potential, broad collaboration among stakeholders is needed to direct resources to priority areas, avoid duplication of effort, and help avoid the pitfalls of working on a new technology with countless unknowns," said Massamba Thioye, who leads U.N. Climate Change's wo Continue reading >>

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