UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph

The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues including climate change.

During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. Starting off the conversation was Anna Dart, a digital avatar by DigitalArt4Climate who shared the idea of bringing together artists to inspire climate change:

As part of the initiative, the digital arts of the finalists will be exhibited as clean nonfungible tokens (NFT) across various UN initiatives related to climate change. Miroslav Polzer, the founder and CEO of IAAI and the strategic director of the Climate Chain Coalition, took over the conversation as he explained the next phase of the initiative — which involves mobilizing the resources or funds.

Polzer explained that the sale of the clean NFT aims to support United Nations’ youth-focused Sustainable Development Goals initiative — with 15% of the revenue going to the artists, 35% to the Youth Climate Action Fund. The remaining 50% will be dedicated to institutional and technological infrastructure for non-party stakeholders including DigitalArt4Climate management, the United Citizens Organization DAO set-up, education and GloCha GoodLifeApp.

Diving into the technical aspects of NFTs for climate change, Irina Karagyaur, the head of ecosystem growth and BD at Unique Networks, spoke about bringing back the power to creators and people.

She supported Unique Networks’ decision to build proof-of-stake (PoS) NFTs over Polkadot citing the need for a lower carbon footprint, especially when fighting climate change:

Dell’s edge solutions team announced the onboarding of Iota Foundation, climate change-focused technology company ClimateCHECK and BioE to develop a solution on top of Dell’s in-house Data Confidence Fabric (DCF) and Project Alvarium initiatives.