UCL CBT May Online Open Seminar
Event Information
About this event
Attendants will receive a link to the video conferencing platform closer to the seminar date.
Date: May 26th
Time: 3.00 pm (UK time)
Speaker: Dr Jane Thomason, Kasei Holdings
Title: Blockchain and net zero
Abstract: With the recent COP 26 backdrop - companies, celebrities, cities, countries, and organizations have committed to curbing their contributions to carbon emissions, if not eliminating them. The aim of achieving a net-zero world in less than 30 years is causing many to turn to the blockchain, buy carbon offsets, and spark renewed interest in carbon capture. Voluntary Carbon Markets hit a record $1 Billion in 2021. Voluntary carbon credits can also provide direct private financing to climate-action projects and investment into the innovation required to lower the cost of emerging climate technologies. This interest has resulted in the creation of a new class of Fintech, Green Digital Asset Solutions, which operates mainly in the voluntary markets. They comprise the carbon credit and environmental or biodiversity registries that track information about projects generating carbon credits, biodiversity credits, or environmental benefits used as commodities in a market system. Green Digital Asset companies tokenize green assets, or issue green asset classes in tokenized form and green security token offering platforms for fractionalized green asset ownership. These include green asset tokens - a tokenized carbon credit or biodiversity offset. The seminar will discuss selected use cases for Blockchain and Carbon Offsets, including tokenisation, NFTs and gamification.