Digital innovation and especially Distributed Ledger Technology (blockchain) can be very important enablers of enhanced climate action. DLT and blockchain could:
- strengthen monitoring, reporting and verification of the impacts of climate action
- improve transparency, traceability and cost-effectiveness of climate action• build trust among climate actors
- make incentive mechanisms for climate action more accessible• support mobilization of green finance.
To encourage exploration and eventual use of this technology in support of climate action, the UN Climate Change secretariat helped initiate the Climate Chain Coalition – an open global network.
In light of the importance of the UN Climate Action Summit 2019 for the implementation of the Paris Agreement, the Climate Chain Coalition, IAAI GloCha and Yale Open Labs are hosting a public networking event to present the vision for a Global Climate Action Data Center and to facilitate entreneurship and broad collaboration among all relevnt stakeholders and in order to mobilize resources, including climate philanthropists for the creation of the technological infrastructure for multi-stakeholder engagement in climate action.
For more information: firstname.lastname@example.org
This event is part of the Climate Finance, Investment and Carbon Pricing program of Climate Week NYC.