Workshop discusses innovative technology contributions to climate financing
On March 20, FGV’s International Intelligence Unit (NPII) held a workshop in Rio de Janeiro, which marked the first stage of the project ‘Contributions of Blockchain Technology to Climate Finance Transparency Initiatives’, in partnership with the Institute of Technology and Society of Rio de Janeiro (ITS RIO) and the Regional Program on Energy Security and Climate Change in Latin America of the Konrad Adenauer Foundation (KAS/EKLA)
The event was attended by Christian Hübner, Director of KAS/EKLA, Karina Marzan, Coordinator of the Program, as well as Brazilian and foreign experts, who discussed issues related to climate financing and blockchain technology. The workshop’s main debate had the purpose of identifying what kind of contributions blockchain technology can make to public and private climate financing initiatives. The main goal was to seek ways to make these processes more transparent, eradicate illegal practices and corruption, and streamline financing streams.
During the event, some examples of initiatives already under development that combine Blockchain technology with sustainability were also presented. Among them, the highlights were the presentation of BNDES, the Environmental Stock Exchange Institute (IBVRio), and the startup Mitra.
The project will ultimately result in the drafting of a final Report to be released in the second half of the year. Go to the website for more information on the project.