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Open Global Climate Accounting System

June 28 @ 12:00 pm - 1:00 pm

Climate change can be understood as an accounting problem. Humans have 500 Gigatonnes of carbon emissions left that we can deposit into the atmosphere before we cross the 1.5 ℃ threshold which our scientists agree represents a doomsday scenario for human civilization. According to the IPCC, we are on track to exhaust this remaining 500 Gigatonne carbon budget in just 10 years at current emissions levels.

In order to balance our shared global carbon budget, we must have a system in place that will allow us to work from the same trusted numbers. We need a way to account for all of the carbon emissions that we collectively emit and all the carbon emissions that we collectively mitigate or remove from the atmosphere. Just as a corporation depends on its own accounting system, humanity needs its own Open Climate Accounting System to coordinate our actions together on a global scale. Only then can our Governments, Companies, Not-for-Profit Organizations, and individual citizens have the transparency, trust and accountability needed to support the collaborative effort that averting climate change will require.

Linux Hyperledger’s Climate Action and Accounting Special Interest Group (CA2SIG) represents a network of technologists, strategists and other SMEs working together to use Blockchain, AI, and IOT and other technologies to help build an open climate accounting infrastructure to record human emissions activity on a global scale. In this presentation, the CA2SIG will provide you with a high-level introduction to Global Climate Accounting, introduce you to some of the work already underway, and share how you can get involved.

Key projects that we will highlight in this presentation will include:

  • The Supply Chain Decarbonization Project

Solving for climate change will require a new era of human collaboration, where we must work together to innovate and change our approach toward everything that we produce and consume. We invite you to join us and become part of the solution!


June 28
12:00 pm - 1:00 pm