The UNFCCC weighs blockchain use cases to combat climate change with Cointelegraph

The UNFCCC weighs blockchain use cases to combat climate change with Cointelegraph – Mail Bonus

The United Nations Framework Convention on Climate Change (UNFCCC) and the pioneers of climate change and the Cointelegraph delve into the role of new technologies such as blockchain in solving global problems, including climate change.

At the DigitalArt4Climate press conference, Cointelegraph Editor-in-Chief Kristina Cornèr took the stage to understand the various blockchain initiatives that actively combat climate change. The beginning of the conversation was Anna Dart, a digital avatar by DigitalArt4Climate who shared the idea of ​​bringing artists together to encourage climate change:

“We are blessed to have the opportunity to influence our world with the transformative power of art and environmentally friendly blockchain technology combined.”

As part of the initiative, the digital arts of the contestants will be displayed as pure inflexible symbols (NFT) in various United Nations projects related to climate change. Miroslav Polzer, founder and CEO of the IAAI and strategic director of the Climate Chain Coalition, took over the conversation when he explained the next phase of the initiative – which involves mobilizing funds or resources.

Committee members at the United Nations Climate Change Conference. Source: UNFCCC

Polzer explained that the sale of pure NFT aims to support the United Nations Initiative for Sustainable Development for Youth – with 15% of the proceeds going to artists, 35% to the Youth Climate Action Fund. The remaining 50% will be dedicated to institutional and technical infrastructure for outside stakeholders, including DigitalArt4Climate management, United Citizens Organization DAO installation, education and GloCha GoodLifeApp.

Diving into the technical aspects of climate change NFTs, Irina Karagyaur, Head of Ecosystem Growth and BD at Unique Networks, talked about bringing power back to authors and people.

She supported Unique Networks’ decision to build NFT-evidence (PoS) over Polkadot by citing the need for less carbon footprint, especially in the fight against climate change:

“In general, the industry is switching to PoS to take climate and ESG initiatives and to improve and reduce energy consumption by 99%.”

Dolphine Magero, director of the Global Youth Climate Action Fund Institution, also emphasized the importance of involving artists who want to take part in the global fight against climate change.

According to Karagyaur, NFT’s coinage of Unique is equivalent to releasing the carbon footprint of a single person, which can be used to force climate action. Unique Networks had its eye on the widespread adoption of the technology and launched an open NFT marketplace where artists can create eco-friendly NFTs to drive various initiatives in climate change:

“It is a blue sea to do good, please contact us, send us your idea and join the movement.

Connected: Iota Foundation joins Dell to develop real-time carbon footprint metrics

Dell’s Edda Solution Team announced joining Iota Foundation, technology company ClimateCHECK and BioE with a focus on climate change to develop a solution on top of Dell’s own Data Confidence Fabric (DCF) and Project Alvarium initiatives.

Mathew Yarger, Head of Sustainability at the Iota Foundation, said:

“Transparency and trust in data are extremely important in tackling the global problems of climate change and the transition to climate action.