...
The mission of this working group is to
- identify how blockchain or distributed ledger technologies (DLT's) could improve corporate or personal carbon accounting
...
- make carbon accounting and certifications more open, transparent, and credible
- build collaboration between consumers, businesses, investors, and offset developers across industries and national boundaries.
. We're here to help
- Businesses and organizations take action on climate change by making the process easier and less costly.
- Certifying entities scale by streamlining the verification of corporate climate action.
- General public and consumers trust corporate climate action.
- Lenders and investors align their capital decisions with climate goals.
- Offset buyers and developeres connect with each other with greater trust and transparency.
...
Furthermore, by creating free tools for gathering data, we allow certifying entities to focus on analysis, while reducing the cost of carbon emissions reporting so that it becomes possible for companies of all sizes, instead of just the large, public ones.
Why Hyperledger
Hyperledger is a permissioned ledger, so it could be used to share data and transact between trusted parties. This protects confidential business data from unauthorized parties.
Because it's a permissioned ledger, Hyperledger also does not need the proof-of-work algorithms used by public ledgers such as Bitcoins. This makes it both much faster and more energy efficient. Since our goal is to stop climate change, we would naturally want an energy efficient technology to do it with.
How to Get Started
While carbon audits and certifications are complex, a lot of data could be obtained automatically now. For example, utility bills, corporate travel, server usage, and shipping data could all be obtained by API calls. See the Carbon Accounting and Certification Minimum Viable Product (MVP) to learn more about how we're building software for climate accounting.