Blockchain & Climate Institute’s Post

I am delighted to announce that I’ll be attending COP29 Azerbaijan in Baku, Azerbaijan, from 11–22 November 2024, alongside ZERO13’s Emmanuel DEVEDEUX, our Chief Business Officer and Lincoln T., our Board Advisor. 🌍🌱 We will be available in both the Blue Zone and Green Zone for meetings and to connect with visionaries who are committed to driving positive change, from climate action plans to groundbreaking innovations. As we tackle one of the most critical challenges of our time—climate change—our discussions will focus on scaling climate action and optimising carbon markets through innovative solutions in sustainable finance enabled by interoperable blockchain and API technologies. The future is bright when we collaborate on meaningful strategies that not only address emissions but also build resilient ecosystems for all. COP29 is a crucial platform to engage with leading minds and institutions focused on implementing real-world solutions for a sustainable future. Stay connected for insights from our participation and what lies ahead. Learn more here: https://lnkd.in/ep6jC8ge #ClimateAction #Sustainability #BlockchainInnovation #COP29 #Zero13 #ESG #CarbonCredits #ClimateTech #COP29Baku #ClimateFinance #COP29Azerbaijan

Karbon Offsets 10 Things: Weekly Roundup of Carbon Market and Sustainability News 1) Panama submits its 2nd #NDC with USD$12 billion in necessary resource support to respond to the national climate emergency. 2) The World Bank (EnABLE Trust Fund) partners with Solidaridad Network West Africa to ‘grant’ USD$4 million to boost social inclusion and carbon credit benefits in Ghana. 3) Wyoming welcomes TerraPower's next-gen #NuclearReactor project with Bill Gates leading groundbreaking ceremony. 4) The Rockefeller Foundation grants $200,000 to Mae Fah Luang Foundation for carbon credit enhancement using remote sensing technology in Thailand. 5) PETRONAS Lubricants International (Italy) and Iceotope Technologies Limited collaborate to develop thermal management solutions for data centres and blockchain operations. 6) Go-Station enters Canada to install no-cost EV charging stations, supporting 100% ZEV sales by 2034. 7) Ex-Goldman Sachs Group MD Jim Bunch teams up with lawyers to develop and promote an alternative to #carboncredits, per Bloomberg. #Sustainability #CarbonOffsets #CarbonRemoval

Attended a hard-hitting session today at INSEAD on "Challenges of Climate Change and Energy Transition" by Le Cercle des économistes. Isabella Huang Loh PBM of Singapore Environment Council (SEC) questioned whether there really was anything like #cleancoal in the phasing out of coal-fired power plants. Tiza Mafira of the Climate Policy Initiative demanded an end to government #fossilfuel subsidies ($7T in 2023) to give investment in renewables (only $1.7T in 2023) a real chance to be a viable alternative. The Asian Development Bank (ADB)'s Jackie B. Surtani pointed out that with 90% of "young" (<20yrs) coal-fired power plants being located in Asia, galvanising #blendedfinance to support their climate transition is critical. Fauziah Zen of ERIA: Economic Research Institute for ASEAN and East Asia highlighted how Indonesia's new capital Nusantara will reserve 70% of space for green areas to ensure environmental sustainability in SEA's biggest economy. So much to do. So little time before 2030 when the world must cut GHG emissions by 50% to prevent catastrophic climate change.... #climatecrisis #sustainabilty #2030

🌍 Ireland’s Public Sector: Leading the Charge Towards a Sustainable Future The Public Sector Annual Report 2023 by Sustainable Energy Authority of Ireland (SEAI) and Department of the Environment, Climate and Communications highlights the critical role of Ireland's public sector in achieving the nation's #climategoals. The report shows significant progress, with #energyefficiency gains of 32.5% since 2009. However, new challenges loom with the introduction of stricter #EUdirectives that demand absolute reductions in energy consumption by 2030. As Ireland strives for a 51% reduction in #GHG emissions by 2030 and #climateneutrality by 2050, the public sector’s leadership is essential. This involves not just operational #energysavings and #retrofitting public buildings, but also ensuring that all employees are climate-aware and actively implementing energy-efficient practices. Navigating the Challenges: Blockchain Technology: Implementing #blockchain can ensure transparency and accountability across global supply chains, vital for maintaining the credibility of sustainability efforts. Policy Initiatives: Strong, consistent #policies are needed to harmonize standards across public bodies, ensuring that the ambitious climate targets are met. Advanced Auditing Techniques: Leveraging #AI and modern auditing tools will enhance the accuracy and effectiveness of tracking progress towards these goals. The road ahead is challenging, but by adopting these strategies, Ireland’s public sector can lead the way in global #sustainability efforts. 💬 How do you think these innovations can help Ireland achieve its climate goals? Let’s discuss below! 🔗 Explore the full report here: https://lnkd.in/dcFgXwCx #EnergyInIreland #SEAI #AnnualPerformnace #housingforall #energy #solar #wind #thermal #tidal #ESG #CSRD #2030Targets #policyandregulations

Understanding Carbon Crediting Mechanism 🌳📜 In the global effort to reduce GHG emissions (which includes CO2 emissions), Art. 6 of Paris Agreement opens the doors to the crediting mechanism. There are several tools to face up the net zero challenge: 1. Introducing carbon taxes 2. Granting incentives to green-friendly emitters 3. Establishing a carbon market I have discussed in this video on the third measure. We can differentiate two types of carbon markets: a) 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 Strictly regulated, they revolve around threshold values of GHG emissions (per category, per industry etc.). Simply put, if your company emits beyond the threshold, it mst purchase a carbon allowance by another company (which emitted less than the threshold) On the other hand, if it emits less than the threshold, it gets to sell the carbon allowance to a company who emitted beyond the threshold. b) 𝐕𝐨𝐥𝐮𝐧𝐭𝐚𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 Less regulated, it allows companies to freely sell and purchase carbon credits. If a company pollutes more than it's allowed to, it can either: - Purchase carbon credits - Produce required energy through renewables or low-carbon solutions - Reduce operations (so GHG emissions) Typically, carbon credits are associate to sizable forestations projects (which are supposed to capture a given amount of CO2) or to the actual production of green energy. ----------------------- In both cases a carbon economy is generated, where the global transition to net zero is based on the sell-purchase mechanism, enforced by national and international laws. Thing get even more interesting if we analyze how #blockchain and asset tokenization can unlock enormous opportunities in the secondary markets. You want to learn more about carbon credits and emerging technologies? Read my latest decks: 🌳 A Sustainability Primer in Qatar https://lnkd.in/dJg__rri 💹 Carbon Credits - Understanding the Currency of Sustainability https://lnkd.in/dg5MWzSV 📗 ESG Reporting Rulebook https://lnkd.in/dPGKNdfe 🛢️ Strategic approaches to GHG reduction and net zero https://lnkd.in/dUcjKVXQ #technology #carboncredits #innovation #sustainability

🌍 The Environmental Impact of Crypto under MiCA 🌍 As the crypto industry evolves, its environmental footprint is under increasing scrutiny. Our latest article explores why "energy" is becoming a contentious issue within the EU's #MiCA framework. From the challenges of energy disclosure to the complexities of sustainability in Proof of Work vs. Proof of Stake, this opinion piece delves into the critical intersection of crypto and environmental responsibility. Read more: https://lnkd.in/dRf-AjS3

Italy is paving the way for a sustainable future with the introduction of energy communities in its latest energy law. This forward-thinking approach empowers local initiatives, encouraging communities to take ownership of their energy production and consumption. By fostering collaboration and innovation at the grassroots level, Italy is not only driving the transition to renewable energy but also strengthening social cohesion and economic resilience. Read more about this transformative initiative via @PVEurope: [shorturl.at/hmrH8]   To find out more about #EUprojects FEDECOM-project FEDErated "system of systems" approach for flexible and interoperable energy COMmunities visit https://lnkd.in/eJw4NhJV Veolia Veolia España Tekniker UCLouvain - Université catholique de Louvain Fraunhofer-Institut für Solare Energiesysteme ISE Iberdrola R2M Spain R2M Solution Grid Singularity Institute Mihajlo Pupin Aug.e smartEn Smart Energy Europe ENERGIES 2050 Azienda Elettrica di Massagno (AEM) SA Hive Power University of Applied Sciences and Arts of Southern Switzerland SUPSI Istituto sostenibilità applicata all'ambiente costruito (ISAAC) Heriot-Watt University CINEA - European Climate, Infrastructure and Environment Executive Agency #bridgeEU #H2020 #HorizonEU SENERGY NETS BECKON Life CREATORS4YOU DE-RISK Project eDREAM H2020 Project HESTIA Project Hypergryd Project EU Masterpiece POCITYF REACT Project EU   #RenewableEnergy #Italy #Sustainability #CommunityEmpowerment #cooperativemodel #blockchain #collaboration #demandresponse #energycommunities #energyefficiency #energystorage #energytransition #EUenergycommunities #H2020Energy #innovation #localenergysystem #localenergysystems #prosumers #sectorcoupling #smartgrid #smartgrids #sustainability #EnergyCommunitiesRepository #RuralEnergyCommunityAdvisoryHub Picture © Wagner & Co, Cölbe

In The Glasgow Climate pact Worldleaders agreed that Carbon captured by country A can be financed by country B also benefit the offset of country B. Lifted new planted trees, that stay at least 20 years, in the new Coorest Carbon Standard than - transparency is maximized, - no double counting occurs - all registered at the blockchain - satellite monitors and makes corrections of the CO2 a treeproject takes from the air Landowners, fruitfarmers, treeprojects benefit as well from the CO2 captured by their trees. They need it; trees need care and attention to grow. Coorest brings back faith in the VCM due to method and approach. Any CFO will be happy when their sustainability colleague uses corporate funds for Coorest based tree projects. Suntein Global (HK) Limited onboards new treeplanting projects in the Coorest Carbon Standard. Taking now an additional 150.000 kilo CO2 per day from the air. The Glasgow climate pact allows countries so companies do not have to be worried. Whe a project is not just around the corner but in Africa, Latin America, Spain or China. Interested in Carbon offset email to info@sunteinglobal.com

A recent forum in Tokyo brought together leaders from Japan and Africa to discuss investment opportunities on the African continent. The African Development Bank Group highlighted Africa's impressive growth potential and its efforts to minimize risk for investors. Here are some key takeaways from the forum: Speakers pointed to Africa's vast renewable energy reserves and the critical minerals needed for a green future. "Smart investments" were framed as a win-win for economic gain and environmental progress. Japan's expertise in geothermal technology was seen as a perfect fit for Africa's energy needs. The forum even discussed the potential for Africa to export power and hydrogen to Europe, helping address their energy challenges. The forum highlighted the potential of technology to drive productivity and reach new segments of the African population. Partnerships with tech giants and the creation of youth-focused investment banks were mentioned as ways to support tech innovation in Africa. Photo (L-R): Satoshi Shimoda, Senior Staff Writer at Nikkei Inc, Allm CEO Teppei Sakano, Keizai Doyukai, Ken Shibusawa, Vice-Chair: Africa Project Team, Kazumasa Kimura, Vice Chair of Keizai Doyukai's Japan-Middle-East/Africa Relations Committee and AfDB VP Solomon Quaynor

The 10 GW Lighthouse Initiative offers an actionable approach to pass from MoUs to bankable clean hydrogen projects in emerging markets and developing countries. If you want to learn more about it, check out the Scaling Hydrogen Financing for Development Report published by ESMAP - Energy Sector Management Assistance Program, The World Bank, OECD - OCDE, Global Infrastructure Facility. #greenhydrogen #development #movingforward