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Browsing the "REDD" Tag

Sustaining Indigenous Forests With Blockchain Technology

August 25th, 2019 | by The Beam

Reducing deforestation, which is responsible for up to 11% of global greenhouse gas emissions, is crucial for the international community to achieve its goal under the Paris Climate Change Agreement to keep the global average temperature rise as close as possible to 1.5 degrees Celsius


How Blockchain Could Help To Protect The World’s Forests

October 22nd, 2018 | by The Beam

Imagine a world where every purchase has an associated carbon price, which is offset by REDD+ projects. Each tonne of carbon saved through REDD+ projects could be registered on the blockchain, and tracked by people offsetting their purchases. The technology could in theory, remove the complexities associated with polycentric governance, and allow forest owners to claim a larger share of the benefit for protecting their forests, by interacting peer-to-peer with the consumers making purchases



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