Good News For Climate Change enthusiast : UN Forms Blockchain Coalition to Fight Climate Change

The United Nations is expanding it's efforts to stimulate applications of blockchain technology to the development action on climate change.

In the year 2017 january 22,( source : blog post)the U.N. announce that it has assisted in the launch of a recent group called the Climate Chain Coalition, which will focus its research and effort in the use of cases for the dispence of Ledger technology (DLT) in climate change-related initiatives, and potentially adopt them.

As formerly announce by CoinDesk, the U.N has been exploring since last May how to fashion out a transparent,methodical and sytematic# header# header and efficient structures using blockchain that can be applied in conditions such as, for example, supervise carbon emissions, clean energy trading and fund and disbursement.

As published on the blog post, the new partnership came about at a December 2017 conference of 25 DLT-focused networks, which came to A conclusion to institute the initiative based on the principles of Paris Climate Agreement.

The announcement states:

"[The Alliance] will work together to support the fast advancement of DLT solutions to address climate change across modaration and adaptation through strengthen and amplify climate actions, including but not limited to the measurement, reporting and verification (MRV) of the impact of all sorts of intervention, and the mobilization of climate finance from diversified sources.

Now with 32 representatives which signed up, the group is seeking participation from wide range of networks that have technological expertise.