Putting the Paris Agreement on Blockchain with Joseph Pallant, Founder of Blockchain for Climate Foundation - Ep. 42
CoinGecko Podcast - Bitcoin & Cryptocurrency Insights
English - December 16, 2021 09:00 - 44 minutes - 30.9 MBInvesting Business Technology bitcoin ethereum blockchain cryptocurrencies altcoins crypto decentralization money defi decentralized finance Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Zhong, head of research at CoinGecko is joined by Joseph Pallant, Founder and Executive Director of Blockchain for Climate Foundation. Joseph discussed his background in carbon markets and blockchain, the foundation’s work in putting the Paris Agreement on blockchain, and its next step to making an impact on the environment.
[00:00:40] Intro
[00:01:21] Joseph's background in carbon markets and crypto space
[00:03:44] About Blockchain for Climate Foundation
[00:09:53] What are internationally transferred mitigation outcomes (IMTOs)?
[00:14:47] More on ITMO targets for different countries
[00:17:22] The foundation’s aim and aspects it’s trying to improve
[00:23:02] Clarifications on BITMO and the origin of the name
[00:23:33] Working with government organisations and whitelisting process
[00:26:09] Thoughts on the ITMO issuance process
[00:29:50] Thoughts on private sector involvement
[00:32:12] Will BITMO be tradable in open markets?
[00:34:44] Merging of blockchain and carbon markets
[00:37:27] The foundation's next step and future plans
[00:39:54] Final notes on the foundation
Quotes from the episode:
“Back in 2017, when I sort of fell a second time on to the concept of Ethereum and to the work it was doing, really jumped in both feet recognizing the commonality between carbon markets and how blockchains work” [00:03:14]
“And so we feel by building more transparency, we can get more trust and confidence of the global community to use article 6.2 ITMOs and be able to fund countries and the underlying projects there to help beat climate change.” [00:14:36]
“What kind of magically happened was that this fecund broad Ethereum community was able to create all the tools that we would need to build this tool of our wildest dreams.” [00:25:04]
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Website
Blockchain for Climate Foundation - https://www.blockchainforclimate.org/
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