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 and transparency. It has the potential to revolutionise currency, government, and corporations -and the climate as well, through facilitating renewable energy grids, accelerating international climate finance, and empowering consumers to make climate-conscious decisions. It can cut bureaucracy and create the trust and verification necessary for effective climate investment.
Blockchains, or more broadly distributed ledger technologies, hold a great potential to spur innovation in a wide range of areas including peer-to-peer renewable energy trading, supply chain management, land titles, and climate finance and investments.– ALEXANDRE GELLERT PARIS, UNITED NATIONS CLIMATE CHANGE SECRETARIAT
Transforming Climate Finance and Green Investment with Blockchains can play an important role to raise awareness and to provide in-depth academic insights on these emerging [exponential] technologies and their applications in the context of the urgent response needed to address climate change.
A collaboration of over 40 climate and blockchain experts from more than 20 countries, Transforming Climate Finance and Green Investment with Blockchains may be the world ‘s first book to explore the ways in which this revolutionary ‘trust machine’ can scale and speed up international climate finance flows so important to our planet’s survival.
The book aims to fill the gap in understanding this transformative technology and delve into the multiple use cases across the spectrum of climate action. Chapters include blockchain applications in renewable energy smart grids, climate finance transfers, clean technology transfers, carbon markets, the enforcement of green finance regulations, and much more.