OFP Insider #3: Beat the Heat with Earth's Air Conditioning

OFP Insider #3: Beat the Heat with Earth's Air Conditioning

?? It's getting hot in here, so get out all your trees- literally and figuratively! Unprecedented heat waves are overtaking different areas of the planet as summer revs up, from Mexico to Portugal and Algeria, posing serious health concerns for both planet and people.

"In general, climate models indicate that heat waves all over the globe will grow more frequent and more intense as the world warms."- Scientific American

The impact of heat waves, and a warming planet, effects every system we rely on, from the energy grid to our economy to the daily ability to function. Especially in cities where urban heat islands occur due to the absorption and retention properties of pavement and buildings, temperatures are soaring.

What could naturally draw down heat levels on the short term and carbon in the long term, while providing a myriad of other health benefits? ?? (Yes, you guessed correctly) trees and forests! ??

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Graphic from World Economic Forum

On average, green areas cool European cities by 1.07 C! By utilizing our natural carbon sinks and air conditioners, we can streamline investment into greening city spaces, conserve energy and biodiversity, and increase health benefits for all.

Stay green and stay cool- onto the news!

Green News to Know ??

?? dClimate is powering the worlds first on-chain climate insurance platform- CoinDesk

Our friends and Open Forest Protocol Validator dClimate announced their role in powering Arbol 's newly launched on-chain climate insurance platform for institutional insurance/reinsurance transactions. dClimate will provide catastrophic storm cover! ??

Check out the CoinDesk article by Eliza Gkritsi :

?? Keeping the Lights On- Axios

The U.S. power grid is under increasing threat from extreme weather events fueled by climate change. Hotter temperatures, more frequent and intense heat waves, heavier rains, and stronger hurricanes are all straining the nation's aging electricity infrastructure.

Power outages from weather-related events have doubled over the past two decades, and costs from damage and lost revenue have totaled at least $25 billion since 2010, according to a new report. Mitigating climate change could help keep the lights on ??

?? Hats off to Switzerland for Paving the Way!- CNN

Switzerland passed a new climate law aimed at cutting greenhouse gas emissions to net zero by 2050! The law includes measures like increasing taxes on CO2 emissions and requiring Swiss companies to report their climate risks.

The move comes as Switzerland's glaciers are melting at an alarming rate due to rising global temperatures. The country has already lost more than half of its glacier volume since the early 1900s. The new climate law is an effort to curb emissions and slow the loss of Switzerland's iconic glaciers, as well as limit the impact of climate change on the economy and society.

?? Community Shoutouts

Yes, a new section! In an effort to continue to support one another and foster collaboration, we will hold space for community shoutouts every newsletter ??

?? MOSS.Earth Brings Cutting Edge Tech to the Amazon!

Check out this article by Luis Felipe Adaime, CFA on how MOSS.Earth is using a data driven system that consolidates information on 6 million rural properties in Brazil. Using?data?strategies, regression models, machine learning,?and?#AI, they are able to measure carbon?stocks and the potential?for carbon credits.?Nice work!

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Thats all for this time around, and stay cool out there! As always, thanks for reading and being a part of our Open Forest Protocol community ??

"Destroying rainforest for economic gain is like 
burning a renaissance painting to cook a meal"- E.O Wilson        




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