Transforming Climate Finance and Green Investment with Blockchains establishes and analyzes the connection between this revolutionary technology and global efforts to combat climate change. The benefits of blockchain come through various profound alterations such as the adoption of smart contracts, which are set to redefine governance and regulatory structures as well as transaction systems in coming decades. Each chapter contains a "problem statement" that describes the challenges blockchain technology can address.
The first book of its kind, Transforming Climate Finance and Green Investment with Blockchains brings together original visions and insights from the members of the Blockchain Climate Institute, comprising thought leaders, financial professionals, international development practitioners, technology entrepreneurs, fintech innovators, scholars, experienced lawyers, and journalists from 20 countries. This book will help readers understand blockchain technology, how it can facilitate the implementation of the Paris Agreement and accelerate the global transition to green economy.
- Provides an authoritative examination of this emerging digital technology and its implications on the global climate change governance
- Includes detailed proposals and thorough discussions of implementation issues specific to green economy sectors
- Relates innovative proposals to existing applications to demonstrate the value add of blockchain technology
- Covers blockchain for smarter energy sector; blockchain for fraud-free emissions management; blockchain to streamline climate investment; and legal frameworks for blockchain-based climate finance
Policy-makers; professionals working on climate change, energy, finance, and international development issues; fintech investors and practitioners; scholars and upper-division undergraduates and graduate students in these areas
Section 1: Scene-setting – What’s going on?
1. A conversation with Dr. Kelce Wilson – An insider of Blockchain
2. A conversation with insiders of Blockchain X climate change
3. Blockchain 101: How does this revolutionary technology work?
4. Decoding the current 'wild west' in global climate finance
Alastair Marke and Bianca Sylvester
Section 2: Blockchain for Smarter Renewable Energy Deployment
5. How Blockchain can democratize global energy supply
6. How Blockchains will industrialize a renewable grid
Paul R. Brody
7. Efficient Power Markets: Reimagining the Global Market with Ethereum
8. Flexibility trading platform: Using blockchain to create the most efficient demand-side response trading market
9. NRGcoin—A blockchain-based support policy for renewables
Section 3: Blockchain for Smoother International Climate Finance Transfers
10. Blockchain – Powering and Empowering the Poor
11. Disintermediating the Green Climate Fund
12. Crowd Collaboration for Climate Adaptation (COCOA)
Cristián E. Retamal Gonzalez, Iván S. Razo-Zapata and Gustavo Arciniegas López
13. Using smart algorithms, machine learning and Blockchain technology to streamline and accelerate dealflow in climate finance
Neil Salisbury and Jenya Khvatsky
14. Addressing Water Sustainability with Blockchain Technology and Green Finance
Section 4: Blockchain for Fraud-Free Emissions Management
15. Central banks and Blockchains: The case for managing climate risk with a positive carbon price
Delton Benjamin Chen
16. Carbon Deposits – Using soil and blockchains to achieve net-zero emissions
17. Blockchain ecosystem for carbon markets, environmental assets, rights and liabilities: Concept design and implementation
Anton Galenovich and Alexey Shadrin
18. How a blockchain network can ensure compliance with Clean Development Mechanism methodology and reduce uncertainty in achieving Intended Nationally Determined Contributions
Steven Dunkel Jr.
19. Networked Carbon Markets: Permissionless Innovation with Distributed Ledgers?
Section 5: Blockchain for Better Green Finance Law Enforcement
20. How to trust green bonds: Blockchain, climate, and the institutional bond markets
21. Utilizing Blockchain for better enforcement of green finance law and regulations
Xiaochen Zhang, Duoqi Xu, Wenjun Chen, Matias ARANGUIZ V. and Andy AN
22. Blockchain and smart contracts: Complementing climate finance, legislative frameworks and renewable energy projects
- No. of pages:
- © Academic Press 2018
- 1st July 2018
- Academic Press
- Paperback ISBN:
Alastair Marke is currently a senior climate finance consultant with a listed company in London. He is a seasoned sustainability policy researcher with publications covering a wide range of policy issues, including food and energy security, climate finance, low-carbon investment planning, emissions trading, and associated green growth issues in Europe, Africa, China, Southeast Asia and Australasia. Seeing the dire need to accelerate global efforts to fill the current climate finance gap, on top of his consultancy work, Alastair has recently created the International Core Group on Blockchain Climate Finance, composed of over 40 experts from 20 countries, to study the potential of Blockchain technology to upscale sustainable, environmental and climate finance for developing countries, encompassing energy finance, carbon trading, and new cryptocurrency-based multi-level climate finance transfer mechanisms.
Fellow, Royal Society for the Encouragement of Arts, Manufactures and Commerce (FRSA)
"This book engages numerous experts on the core issues for the application of distributed ledgers and digital innovations to solve global challenges and scale solutions for sustainability. Although the technology is rapidly changing, this book deals with the fundamental issues and systems, such as governance and finance, that also require significant effort to innovate in order for these emerging technologies to come to full fruition." --Tom Baumann, ClimateCHECK