The relationship between COVID-19 and climate change has complex implications that go far beyond logical reasoning. In fact, regardless of the sharp decrease in global emissions due to the confinement of the world’s population, it is a major mistake to claim that global warming has been halted. Large amounts of carbon dioxide and other greenhouse gases have been accumulated in ...
With the support of ClimateTrade and its blockchain technology, Aigües de Barcelona has started managing its carbon footprint of the value chain. The Project coordinated by Aigües de Barcelona intends to reach out and impact the area of its operation, the city of Barcelona. The organization in charge of the capital’s water cycle has already involved a relevant group of ...
Learn about the most common myths about blockchain technology. Myth #1 Blockchain = Cryptocurrencies The first myth is that Blockchain = Cryptocurrencies. This statement is incorrect, since Blockchain has many more applications apart from cryptocurrencies, such as tokenization or the registration of documentary evidence. Besides, there are some cryptocurrencies that use DLT technologies other than Blockchain. At ClimateTrade, each ...
This post will cover how blockchain technology works, the advantages it presents, as well as its disadvantages. It is easy for newcomers to mix up cryptocurrencies and blockchain. Although the first blockchain (Bitcoin) is a cryptocurrency, it does not necessarily mean all blockchains are (or will be) necessarily used as payment networks. Blockchain technology has unique properties without which we ...
The pilot agreement between ClimateTrade and the Cantabria Chamber of Commerce was a step forward to promote a local impact. Starting in October 2021, the Cantabria Chamber of Commerce will start to focus even more on its social responsibility at a regional level, investing in projects that empower the local economy, environment and communities. With this agreement, the two companies ...
Understand how this technology brings innovation and transparency to the carbon market. In the Kyoto protocol (1997) signing countries agreed to limit the emissions of six greenhouse gases, here is where carbon credits were born. This meant that polluting companies, instead of paying taxes to the governments, could pay directly to the companies which generate those credits. Likewise any traditional ...
In a brand new sector that is evolving rapidly, understand where your company fits in the carbon credit market structure. What is the difference between the mandatory and voluntary carbon credit market? As its name suggests, the mandatory market is used by companies and governments that are legally mandated to offset their emissions. The countries that have joined these markets ...
The 2030 Agenda for Sustainable Development adopted by the UN General Assembly reflects directly on the importance of the ecosystem. A collective action plan built around 17 major global challenges that address issues related to benefiting people, the planet and global prosperity, the Sustainable Development Goals. These objectives are connected to each other, and progressing in achieving one means progressing towards ...
Understand how the EU ETS actually works and the key measures that should be taken by your company. Everything you need to know about European Union Emissions Trading System (EU ETS) The European Union Emissions Trading Scheme (EU ETS) is the main tool for cost-effectively reducing greenhouse gas emissions. The EU ETS was launched in 2005 and currently accounts for ...
The chemical and pharmaceutical industries in Europe can do more for carbon neutrality. It is known that Europe aspires to be carbon neutral by 2050, an economy with zero greenhouse gas emissions. This goal is at the heart of the European Green Deal and is in line with the EU's commitment to global climate action under the Paris Agreement. The ...
