Ethereum Climate Platform

The Global Blockchain Business Council (GBBC) team is headed to Consensus in Austin, Texas from May 28th-31st. On Friday, May 31st at 12:30pm CT, GBBC CEO Sandra Ro ???? joins "From DeGen to ReGen: Using Blockchains to Coordinate Environmental Action" with Jonathan Rackoff (The HBAR Foundation), Steven Haft (Consensys; Ethereum Climate Platform), Catherine Bischoff (Sovereign Nature Initiative), and Lucía Gallardo (Emerge). Later in the afternoon, at 2:30pm CT on the Gen C Stage, Sandra will delve into the world of AI and deepfakes on the panel "From Taylor Swift to the 2024 Election: Deepfakes vs. Truth” with Lindsay Walker (Starling Lab for Data Integrity), Pete Pachal (The Media Copilot), and Sarah Brandt (NewsGuard). Attending Consensus? Contact GBBC to let us know. ?? Learn more and register: https://lnkd.in/dY98eJDp #Consensus2024 #Austin #regen #AI?

What are the key features of the Ethereum Climate Platform? ?? ECP leverages emerging technologies to accelerate the digitization of climate and mitigation outcomes. It uses cutting-edge digital Monitoring, Reporting, and Verification (dMRV) solutions to enhance trust and transparency, in addition to a market-leading risk-assessment framework for project delivery. Together with many of the leading players in the emerging blockchain and climate space, ECP is pooling "best of" technologies to scale climate investments by streamlining climate mitigation investments and asset management across renewable energies, carbon reductions and removals, and other climate positive real-world-assets (RWA). The platform offers a more efficient path to carbon credit retiring and delivery of carbon assets to investors with high visibility and predictability. Built to facilitate enterprise onboarding and with strong institutional user features, ECP is the platform of choice for large-scale, high-integrity carbon investments. #carbon #carboncredits #climatefinance

Why is ECP so excited about blockchain for climate action? ?? At its core, blockchain provides an immutable, transparent, and secure ledger—essential for accurate tracking and verification of environmental data and transactions. So, for climate action, this can mean things like enhanced trust between parties, stronger accountability around climate pledges, more efficient carbon credit markets run on digital infrastructure, faster and more affordable project financing, and the transparent verification of environmental impact—be it from renewable energy, carbon reduction, or removals projects. The decentralized nature of blockchain also democratizes participation, enabling a broad range of stakeholders—from individual activists to large corporations—to directly engage in climate action in a transparent and verifiable manner. Through our experience in both financial services, environmental asset management, and blockchain, ECP has created a comprehensive platform that facilitates investment in climate-positive projects using a combination of the latest technologies. We need data and new technologies to be applied towards climate goals urgently. That’s why, to help accelerate the pace, we are pooling technology, networks, and expertise from over 20 partners and advisors to launch an effort to scale decarbonization across multiple industries and regions. Stay tuned to learn more! #web3 #blockchain #climateaction

Starting Paris Blockchain Week on April 9th at the Mona Lisa Stage, we're talking about "Sustainable Tech: Balancing Innovation with Environmental Responsibility" ?? Introducing our speakers: ??? Fatih BALYELI, Co-Founder & CEO at Exaion. ??? Steven Haft, Co-Founder at Ethereum Climate Platform. ??? Navroop K. Sahdev, Founder and CEO at The Digital Economist. ??? Alice S., Co-Founder of ICL Communications at ICL. Join us for a thought-provoking session that promises to challenge, inspire, and drive meaningful action towards a more sustainable world ?? Get tickets here: ??? https://lnkd.in/eQqT5K-b Already attending Paris Blockchain Week? RSVP to our event via? ?? https://lnkd.in/d-3HgFHV #PBW2024 #ParisBlockchainWeek #SpeakerAnnouncement

What inspired the creation of the Ethereum Climate Platform (ECP)? ?? In 2022, a huge milestone in mitigating CO2 at scale happened: The Merge. This was a major software upgrade that changed the Ethereum platform's consensus mechanism from a proof-of-work protocol to a proof-of-stake system, reducing its energy consumption by about 99.95%. This major decarbonization event reinforced the potential of blockchain to support the acceleration of progress towards global climate goals. It also inspired a group of leading technology providers and ecosystem players from the wider Ethereum community to launch ECP—a blockchain-enabled, state-of-the-art technology platform and financing vehicle. The vision for this project is that it will accelerate capital into climate-aligned assets and drive decarbonization outcomes at scale. Measurement and reporting is central to any credible climate strategy. But understanding and monitoring the carbon footprint of distributed ledger technologies is complicated. That's why ECP was excited to see Alexander Neumüller—research lead for digital assets climate impact at the University of Cambridge—develop a state-of-the-art methodology for assessing Ethereum's climate footprint, building on their pioneering methodology for Bitcoin energy consumption. ? Prof. Neumueller published a study in December 2023 that is among the most thorough examinations of Ethereum's carbon footprint, using novel approaches to determine the energy footprint of mining nodes. It found that Ethereum's greenhouse gas emissions totalled 27.5 million tonnes carbon dioxide equivalent (MtCO2e)—the equivalent to the yearly emissions of Honduras. We are motivated to continue making progress on our mission, and hope this will inspire more organizations to leverage their technologies and ecosystems/users to go beyond decarbonization and individual climate pledges, and pool their ambitions and solutions. #web3 #ethereum #carbonmitigation