S3 E290 Francisco Benedito, CEO ClimateTrade, Co-Founder, ClimateCoin
0:00 Introduction
0:36 About Francisco Benedito
0:54 About ClimateTrade
1:forty eight Carbon Market/ Climate Market and Climate Credit
3:29 Climate optimistic and Climate unfavourable companies
5:05 Can a financially rich company purchase credits and proceed its unfavourable actions?
7:18 Key challenges confronted with regard to local weather switch
9:12 Francisco’s views on COVID lockdown being a encourage to the planet
10:52 How possess organizations improved themselves with regards to local weather switch over the years?
12:41 What can a particular person manufacture to give protection to the environment?
15:24 ClimateCoin
19:40 ClimateCoin because the fresh foreign money for the replace of Carbon Credits
In 1997, within the UN occasion, Carbon Credits were created in expose to incentivize initiatives all over the area to decarbonize the planet. On the total, if a company is polluting in a developed nation, they desire to pay for the air pollution to the companies which manufacture the reverse within the rising markets. Here is measured on the premise of carbon emission. Every ton of Co2 emitted is one Carbon Credit which a company has to purchase.
The companies emitting air pollution pay to the companies which would possibly per chance perchance per chance perchance be working local weather optimistic initiatives like reforestation, renewable initiatives and so forth.
Climate Markets and Carbon Markets are the platforms where these exchanges occur. One such marketplace is ClimateTrade, where developers of local weather-associated initiatives from all over the area bag interested by expose to be in a dwelling to offset their carbon footprint and aquire local weather-associated merchandise.
In 2017, our guest for this episode of The Tag Called You, Francisco Benedito detected some inefficiencies within the fresh local weather market. It used to be came all over out that one can prepare expertise to invent these markets more clear and traceable. Here is why ClimateTrade used to be created as a platform which makes impart of blockchain expertise to bag transparency and traceability in local weather replace transactions.
Francisco Benedito is the CEO of ClimateTrade and the co-founding father of ClimateCoin. He has been awarded as essentially the most efficient organisation for decarbonizing the bolt back and forth replace. He has also been voted amongst the tip 100 SDG influencers.
Hear to the video to grab more about Climate Markets and transactions:)
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