Regulatory challenges Despite the benefits of parametric insurance, there exist some legal and regulatory challenges. In many jurisdictions, such as the UK, the insured must have an ‘insurable interest’ for an insurance policy to be legally valid. In other words, the party taking out the policy must be affected by the subject matter of the …
Climate Resilience: Parametric Insurance and Blockchain (Part II) Read More »
Building resilience to natural disasters is key to climate change adaptation, which is a central element of the Paris Agreement. Whilst insurance may not be the first thing that comes to mind when thinking about climate change, it is an important tool to help protect individuals and businesses from the rise of climate-related disasters. Yet, …
Climate Resilience: Parametric Insurance and Blockchain (Part I) Read More »
Reducing global CO2 emissions to limit global temperature rise to 1.5°C above pre-industrial levels is a daunting but achievable goal that requires a worldwide mega-scale dynamic flow of financial resources. The magnitude of the financial flow needed to activate and run global climate actions to achieve the Paris goal is estimated at USD 32 trillion …
Accelerating Global Climate Finance Flow through an Integration Platform Read More »
BCI organises the following events at the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) Eco-Smart Inclusive GovernanceThursday, 17 November 202213:00 – 14:00 (GMT+2)Live stream available here.
The Blockchain & Climate Institute (BCI) acknowledges the White House’s position on the importance of additional research into less-energy intensive Distributed Ledger Technology (DLT), offering the proviso that: Research into newer, low-energy versions of DLT must be encouraged to continue, as a priority. We welcome the recent White House report titled “Climate and Energy Implications …
Emerging Technology for Climate Action #BCI4COP26 BCI is participating in the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, hosting meetings and a series of side events such as round-tables and panel discussions involving key decision makers in the climate policy landscape. The COP26 summit aims to bring parties together to accelerate …
In response to the latest IPCC Report on Climate Change, BCI joins the international civil society in taking the stance that acceleration of climate action is critical, given the clarity that human influence affects the future course of climate.
BCI organises the following events at the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25)
BCI is involved in the following events at the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24): Saturday, 8 December 2018 Blockchain for Upscaling the Green Finance Flows This session will explore how the private sector, development finance institutions and policymakers can work together to deploy blockchain and …
Transforming Climate Finance and Green Investment with Blockchains is a new book exploring the vital role blockchain technology can play in fighting climate change. It is published by Elsevier today (2 July 2018). Blockchain is a distributed ledger technology that records information on multiple different computers at once in a way that ensures both incorruptibility …
New book reveals blockchain solutions to fight climate change Read More »
