Climate Change Coalition releases report on blockchain and emerging technologies at the COP 27

cointelegraph.com:

The Climate Change Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action, including Cointelegraph as a member, delivered on Nov. 11 its stock take report at the United Nations Climate Change Conference, or COP27, in Sharm El-Sheikh,Egypt. 

Founded five years ago, the coalition has been working on initiatives related to the consumption accounting system and greenhouse gas emissions accounting. Tom Baumann, chair and founder of the Climate Change Coalition, stated:

The coalition's mission is to resolve issues and challenges needed to advance transformative digital climate innovations by creating resources to support a shared data and digital infrastructure, as well as supporting networking and capacity building, as well as partnering between digital and climate communities.

Related: How blockchain technology is transforming climate action

Speaking at the panel, Cointelegraph editor-in-chief Kristina Lucrezia Cornèr commented:

Also participating in the panel, Alexey Shadrin, co-founder and CEO of Evercity, a platform for management, issuance and monitoring of sustainable finance, highlighted how the coalition's efforts are supporting organizations with use cases on implementing blockchain technology, as well as guidance to the new projects that are rapidly emerging right now on the markets. "We want to make sure that those projects are not only innovative and cool, but also aligned with core UN values and standards that currently exist there and that were developed by many, many experts within the UN process and beyond."

Even though digital assets have been criticized for their high-energy consumption, such an accusation is inaccurate. There is a need to distinguish