The United Nations Framework Convention on Climate Change (UNFCCC), along with climate change entrepreneurs, and Cryptooshala delved into the discussion about the role of new technologies such as blockchain in addressing global challenges, including climate change.

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During the DigitalArt4Climate press conference, Cryptooshala Editor-in-Chief Christina Korner took the stage to understand the various blockchain initiatives that are actively fighting climate change. The conversation was started by Anna Dart, digital avatar from DigitalArt4Climate, who shared the idea of ​​bringing artists together to inspire climate change:

“We are fortunate to have the opportunity to impact our world through the transformative power of art and green blockchain technology.”

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Under this initiative, finalists’ digital artworks will be presented in the form of net non-fungible tokens (NFTs) through various climate change-related UN initiatives. Miroslav Polzer, Founder and CEO of IAAI and Strategic Director of the Climate Chain Coalition, took over the conversation, explaining the next phase of the initiative, which involves mobilizing resources or funds.

Participants of the discussion at the UN conference on climate change. Source: UNFCCC.
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Polzer explained that the net NFT sale is to support the United Nations’ youth-focused initiative to achieve the Sustainable Development Goals – with 15% of proceeds going to artists and 35% to the Youth Action Fund for Action against Change. climate. The remaining 50% will be dedicated to institutional and technology infrastructure for third-party stakeholders, including DigitalArt4Climate governance, United Citizens Organization DAO setup, education, and the GloCha GoodLifeApp.

Delving into the technical aspects of NFT for climate change, Irina Karagyaur, Head of Ecosystem Development and BD at Unique Networks, talked about returning power to creators and people.

She supported Unique Networks’ decision to create a proof-of-stake (PoS) NFT for Polkadot, citing the need to reduce their carbon footprint, especially in the fight against climate change:

“Overall, the industry is moving to PoS to enable climate and ESG initiatives and improve and reduce energy consumption by 99%.”

Delphine Magero, CEO of the Global Youth Climate Action Fund Institution, also stressed the importance of engaging artists who want to join the global fight against climate change.

Minting NFTs on Unique is like releasing the carbon footprint of one human breath, which can be used to take action against climate change, Karagjaur said. With an eye on widespread adoption of the technology, Unique Networks has launched an open NFT marketplace where artists can create sustainable NFTs to support various climate change initiatives:

“There is a blue ocean for good deeds, please contact us, tell us about your idea and be part of the movement.”

Iota Foundation joins Dell to develop real-time carbon tracking system.

The Dell Edge Solutions team announced that it has engaged the Iota Foundation, climate change technology company ClimateCHECK, and BioE to develop a solution based on Dell’s own Data Confidence Fabric (DCF) and Project Alvarium initiatives.

Matthew Yarger, Head of Sustainability at the Iota Foundation, declared:

“Transparency and trust in data is paramount to addressing the global challenges of climate change and the transition to climate action.”