Blockchain technologies as a digital enabler for sustainable infrastructure
Blockchain technologies as a digital enabler for sustainable infrastructure
Embracing new technologies that could enable drastic reductions in GHG emissions will be key to delivering low-emissions pathways for growth, but it is not always obvious what the big breakthroughs will look like. This report looks at how blockchain technology can be applied to support sustainable infrastructure investment that is aligned with climate change objectives. It focuses on three key points: the financing of infrastructure initiatives, the creation of visibility and alignment of climate action, and the provisioning of awareness and access for institutions and consumers. Blockchain technology can address these challenges by creating new ways of raising capital, providing transparency through an immutable record of transactions, and establishing new inclusive market mechanisms.