Sustainably Designed Blockchains and Incentivising Climate Action

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Description:

Many initiatives focus on innovations for climate data, accounting frameworks, Digital Monitoring, Reporting and Verification (DMRV) and related technologies that should be integrated and combined with governance innovations. When combined with new capabilities for measuring the confidence in the data directly and quantifying the confidence in that data, such an integrated and collaborative approach will help to resolve greenwashing issues and provide trusted data to mobilize resources into climate action and sustainability. It can evolve by building on the many technological tools in use today to maximize climate actions and sustainability (such as smart meters, AI, Internet of Things, knowledge hubs, online platforms, and so on). In the following session we will learn about the potential of Blockchain in DMRV and based on a case study of DMRV we will see how its use across industries can scale for us to meet our short and long term climate and sustainability goals.

This is a second in the series of events co-organised by the Social Impact and Sustainability Working Group and the Governmental Advisory Body Work Stream on Climate Action & UN SDGs.

Agenda:

1. Welcome
2. The potential of sustainably designed blockchains for incentivizing climate action
3. DMRV case study: Insight from developed pilots
4. Panel discussion: Importance of smart standards and open data for social impact
5. Closing