Publication:
Blockchain and Emerging Digital Technologies for Enhancing Post-2020 Climate Markets

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2018-03-22T18:58:42Z
dc.date.available2018-03-22T18:58:42Z
dc.date.issued2018-03
dc.description.abstractSince its adoption in December 2015 by the 21st Conference of Parties (COP21), within the United Nations Framework Convention on Climate Change (UNFCCC), 175 countries to date have ratified the Paris Agreement. These countries have made commitments Nationally Determined Contributions (NDCs), in some cases contingent on financing by developed countries, to limit or reduce their Greenhouse gas (GHG) emissions through a variety of measures including more significant deployment of renewable power, energy efficiency, land-use controls such as conservation of forests and grasslands, carbon pricing, and other measures compatible with each country’s national circumstances and capabilities. Even with full ratification of the Agreement by all 197 signatories, the aggregate effect is projected only to slow the rate of GHG emissions growth from the 24 percent increase, between 1990 and 2010, to an anticipated increase between 2010 and 2030 of between 11 and 23 percent. To foster higher ambition and sustainable development, and also encourage large-scale financing towards the most effective mitigation measures, Article 6 of the Agreement recognizes that countries may engage in cooperative approaches, including the use of internationally transferred mitigation outcomes (ITMOs) towards their individual NDC. In this new, complex and diverse environment, this paper aims to examine emerging digital technologies and architectures that could be used to enhance and connect the heterogeneous climate actions across countries, thereby supporting post-2020 climate markets that facilitate the most cost-effective achievement of the highest possible ambition. Given the speed with which information technology, system architectures, domestic policy, and other relevant elements are developing, the roadmap laid out in this paper will likely continue to evolve significantly over the next few years.en
dc.identifierhttp://documents.worldbank.org/curated/en/942981521464296927/Blockchain-and-emerging-digital-technologies-for-enhancing-post-2020-climate-markets
dc.identifier.doi10.1596/29499
dc.identifier.urihttps://hdl.handle.net/10986/29499
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPARIS AGREEMENT
dc.subjectCLIMATE MARKETS
dc.subjectCARBON POLICY
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE MITIGATION
dc.subjectBLOCKCHAIN TECHNOLOGY
dc.titleBlockchain and Emerging Digital Technologies for Enhancing Post-2020 Climate Marketsen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleBlockchain and Emerging Digital Technologies for Enhancing Post-2020 Climate Markets
okr.date.disclosure2018-03-19
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/942981521464296927/Blockchain-and-emerging-digital-technologies-for-enhancing-post-2020-climate-markets
okr.guid942981521464296927
okr.identifier.doi10.1596/29499
okr.identifier.externaldocumentum090224b0857c3596_1_0
okr.identifier.internaldocumentum29730850
okr.identifier.report124402
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/942981521464296927/pdf/124402-WP-Blockchainandemergingdigitaltechnologiesforenhancingpostclimatemarkets-PUBLIC.pdfen
okr.topicEnvironment::Carbon Policy and Trading
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnvironment::Environmental Economics & Policies
okr.topicScience and Technology Development::Technology Innovation
okr.unitGCC- Carbon Markets & Innovation (GCCMI)
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