There are three main application areas for technology innovation in the climate realm
(see brochure for more information):
Together with the United Nations Framework Convention on Climate Change (UNFCCC), World Bank, and the Blockchain for Climate Foundation, we conducted a Webinar on Blockchain for Climate. This webinar sought to jointly develop a more nuanced understanding of the technology’s potential and inform decision makers on the application of a DLT/blockchain solution to Article 6 of the Paris Agreement.
Transparency & Carbon Markets
Currently, UNEP DTU Partnership is supporting the development of the World Bank Climate Warehouse. This collaboration is informed by recent academic publications that outline how blockchain could address current carbon market and transparency limitations:
- Sustainability Journal: Designing a Blockchain Model for the Paris Agreement’s Carbon Market Mechanism
- Sustainability Journal: Blockchain Application for the Paris Agreement Carbon Market Mechanism—A Decision Framework and Architecture
- Policy Brief: Carbon Market Challenges and Blockchain Solutions
In this context, the partnership is using its network for country consultations for a bottom-up and co-creative process to develop innovative Paris Agreement transparency and carbon market designs.
In addition, UNEP DTU Partnership is collaborating with the IT University of Copenhagen on developing a Distributed Ledger System for Enforcing CO2 Emission Monitoring on European Roads, as outlined by the EU Commission.
Developing business models for low carbon technologies in developing countries, UNEP DTU experts published a working paper for the Asian Development Bank Institute (ADBI): Blockchain and Tokenized Securities: The Potential for Green Finance.
A summary of the publication is also available as a ADBI podcast: How blockchain could revolutionize green finance in Asia.
UNEP DTU Partnership has also co-authored a blog post for United Nations Economic and Social Commission for Asia and the Pacific UNESCAP on “How Can Blockchain Accelerate the SDG7 Implementation?”
A publication on how blockchain can accelerate energy efficiency interventions is forthcoming.
TU Berlin, Sören Salomo (Collaboration Partner)
Laura Franke (now at Microsoft)
- Schletz, M., Franke, L. and Salomo, S. (2020) ‘Blockchain Application for the Paris Agreement Carbon Market Mechanism – A Decision Framework and Architecture’, Sustainability, 12(5069): 1-17. https://doi.org/10.3390/su12125069.
- Schletz, M., Nassiry, D. and Lee, M.-K. (2020) ‘Blockchain and Tokenized Securities: The Potential for Green Finance’. Asian Development Bank Institute. Tokyo, Japan. Available at: https://www.adb.org/publications/blockchain-tokenized-securities-potential-green-finance.
- Franke, L., Schletz, M. and Salomo, S. (2020) ‘Designing a Blockchain Model for the Paris Agreement’s Carbon Market Mechanism’, Sustainability, 12(1068): 1-20. https://doi.org/10.3390/su12031068.
UNESCAP blog post – How Can Blockchain Accelerate the SDG7 Implementation?
Promotion video II – Blockchain Application for the Paris Agreement Carbon Market Mechanism
Promotion video I – Designing a blockchain model for the Paris Agreement’s Carbon Market Mechanism
ADBI Podcast – How blockchain could revolutionize green finance in Asia
Webinar – Webinar on Blockchain for Climate
Policy booklet – Carbon Market Challenges and Blockchain Solutions
Blockchain brochure – Climate Change Challenges and Blockchain Opportunities
Apr, 2020 – UNEP DTU Partnership joins climate collabathon
Apr, 2019 – Blockchain for climate webinar