Brings together the likes of CoinShares, ConsenSys, Ripple, and the UNFCCC Climate Champions to lead sustainability in blockchain and crypto
Zug, Switzerland, Washington, D.C., and Boulder, CO — April 8, 2021 — Energy Web, Rocky Mountain Institute (RMI) and the Alliance for Innovative Regulation (AIR) today announced the launch of the Crypto Climate Accord — a private sector-led initiative committed to making the cryptocurrency industry 100% renewable. Inspired by the Paris Climate Agreement, the Accord brings together the crypto and financial technology (fintech) industry to build a sustainable future for global finance with support from the United Nations Framework Convention on Climate Change (UNFCCC) Climate Champions.
Surging demand for crypto and accelerating adoption of blockchain-based solutions among businesses and individuals have highlighted a critical issue: the impact of the technology’s growing energy consumption on our climate. As cryptocurrencies become increasingly mainstream, it’s imperative to shift toward a renewable energy future now. The Accord intends to achieve this by working collaboratively with the cryptocurrency industry — including all blockchains — to […]