Blockchain - A Catalytic Tool For Carbon Markets?

Description:

Globally, we’re faced with an existential challenge of removing 51B tons of carbon from the earth’s atmosphere by 2050 to avoid a temperature increase of 1.5+ degrees. Reducing emissions, transitioning to a low carbon economy, and improving the market for carbon credits (expected to skyrocket to $550B by 2050) will all play vital roles. Unfortunately, today’s carbon markets are bottlenecked, vulnerable to fraud, inefficient and slow to onboard new supply. They need to modernize rapidly. Can blockchain and tokenization solve some of these problems? Join Protocol, Ripple, RMI and Xange.com as they discuss if & how blockchain can help create new kinds of value for both suppliers and buyers to reimagine carbon markets and accelerate global climate coals, without falling into hype cycles.