Blockchain systems in Climate Change

Distributed Ledger Technology has come of age and is now extensively used in a wide range of applications from shipping to finance.

DLT is now becoming increasingly used in climate technology in at least five applications:

• Asset management of operating assets, typically but not exclusively renewables projects, reducing their costs of management and hence improving financial returns

• Local Energy Market (LEM) microgrids of distributed local renewable power generation to support trustless trading between local prosumers in the LEM

• Tokenisation fund raising to support project funding

• Tracking of physical assets in a lean management supply chain so reducing both management and carbon costs

• Better managing carbon exposure and reduce insurance costs across multiple stakeholders in a market

Climate Capital provides consultancy services in conjunction with leading DLT experts