It’s onerous to overestimate the role blockchain technology can play in achieving a lot of sustainability and lessening the climate crisis.
In her monthly skilled Take column, selva Ozelli, a global tax lawyer and accountant, covers the intersection between rising technologies and property, and provides the latest developments around taxes, AML/CFT rules and legal problems affecting crypto and blockchain.
In June, the United Nations control its “Stockholm+50: a healthy planet for the prosperity of all — our responsibility, our opportunity” event, centered on implementing its Decade of Action to deliver the property Development Goals, 2030 Agenda, Paris Agreement, and Post-2020 biodiversity Framework, likewise on encourage a green recovery from COVID-19. The event occurred fifty years when the first-ever United Nations Conference on the Human setting in 1972, giving world leaders the prospect to mirror on 5 decades of environmental action centered on braving the Earth’s climate, nature and CO2 pollution crises.
My art show “Reef Dwellers” was an associated event at Stockholm+50. It celebrated the role oceans play in everyday life and wanted to inspire action to guard reefs, that occupy simply 0.1% of global ocean surfaces despite supporting quite 25% of marine biodiversity.
Oceans act as giant natural carbon reservoirs, gripping 25% of current annual greenhouse gas emissions and hosting 80% of all life whereas providing half of the planet’s oxygen. in line with the united states National Oceanic and region Administration:
“More than 90 percent of the warming that has happened on Earth over the past 50 years has occurred in the ocean.”
The rate at that oceans are warming is equivalent to five metropolis atomic bombs being dropped into them each second.
( Selva Ozelli, Cointelegraph, 2022 )