UN’s COP26 climate change goals include emerging tech and carbon taxes

Carbon markets turn CO2 emissions into a commodity or tradable asset by giving it a price. Blockchain and smart contracts will improve those markets. The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits.A carbon credit reduces, avoids or removes carbon emissions in one place to compensate for unavoidable emissions somewhere else through certified....

A number of representative and delegates supporting the Climate Chain Coalition group spoke at a dedicated panel on Tuesday at COP26. Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday.The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and individuals aligned to utilize blockchain, distributed ledger, or DLT, and other promising digital technology solutions to foster the growth of a climate-focused economy.Hosted by....

A consortium of partners spoke during the COP26 conference about the inception of a new blockchain climate initiative and shared details on its future ambitions. Speaking at a COP26 press conference in Glasgow, Scotland on Wednesday, a panoply of experts from the tech-environmental sector spoke to global citizens across the world about improving coordination and support for climate action with blockchain technology.The GloCha United Citizens Organization (UCO) for Action for Climate Empowerment has been launched at COP26 as a blockchain-based quasi-international organization located in....

It’s time to unite the blockchain community with the climate change community in some concrete and scalable investments into DLT and climate action. The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture.The United Nations Environment Programme (UNEP) has identified transparency, clean energy, carbon markets and....

A green post-COVID-10 recovery in accordance with the United Nations’ 17 Sustainable Development Goals is possible with blockchain and NFTs. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The United Nations General Assembly (UNGA) is holding its 76th annual meeting between Sept. 14 and 30 to bring countries together at a critical time for marshaling....