Take a look at Indonesia. Its rainforests are home to some of the highest levels of biological diversity in the world. Many sources credit Indonesia as the most species-rich country on earth. Spread over 17,500 islands, Indonesia contains the world’s third-largest area of the rainforest after the Amazon and Africa’s Congo Basin. The biodiversity is at risk.
Global climate governance, as a concept, draws from the necessity of a global approach to tackle this global threat; an approach and policy where both global and local actors operate by following horizontal dynamics. By making global climate governance systems easier to run, more private and more democratic, blockchain can play an important role in developing global governance systems.