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Climatetrade Releases A Comprehensive Guide On Developing Effective Net Zero Strategies
ClimateTrade is a blockchain-based climate entrepreneur to enable large-scale decarbonization through ongoing innovation. Companies may offset their climate.
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Applied Technology Review | Friday, October 07, 2022
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In a recent white paper, a blockchain-based climate solutions provider provides knowledge to help inform successful business decarbonization activities in the United States.
Fremont, CA: ClimateTrade is a blockchain-based climate entrepreneur to enable large-scale decarbonization through ongoing innovation. Companies may offset their climate impact by acquiring carbon, plastic, and biodiversity offsets and renewable energy certifications directly from project developers through the ClimateTrade marketplace.
ClimateTrade launched its first white paper explicitly aimed at the United States, titled "A Comprehensive Guide to Designing Efficient Net Zero Strategies."
The white paper, aimed at U.S. firms, outlines numerous critical decisions a company must make to decarbonize, as well as the various solutions and how a company may go forward to achieve and sustain positive environmental effects while continuing to develop.
"As the world's largest economy, the U.S. has the power and influence to lead the world toward Net Zero," said Francisco Benedito, ClimateTrade co-founder and CEO. "Applying our expertise as the world's first blockchain-based climate solutions provider, with this paper, we aim to provide U.S. corporations with the necessary knowledge and best practices to develop an effective climate change mitigation strategy that embraces innovative climate solutions and helps the country — and the world — achieve the goal of Net Zero by 2050."
The white paper, which includes a policy-focused foreword by Michael Green, ClimateTrade's newly appointed U.S. Business and Policy Advisor, explains in detail what calculating, reducing, and offsetting emissions entails, as well as technical information regarding emissions scopes, the GHG Protocol methodology, life cycle assessment, marginal cost of reduction, and various other decarbonization concepts. It also examines the condition of carbon markets in the United States, names prominent climate action actors in the United States, and understands how to offset CO2 emissions on the voluntary carbon market.
"While the U.S. federal government has made significant commitments to reduce the country's overall emissions by 40 percent by 2030, this still falls short of what the scientific community says must be done to mitigate the most catastrophic effects of climate change," said Green. "This is why U.S. corporations must step up to fill the gap, applying the best practices and processes laid out in this paper to effectively reduce their carbon footprint and drive real, quantifiable change."
The white paper took inspiration from the top sustainability players in the United States and serves as a comprehensive guide to business decarbonization.
ClimateTrade intends to organize a virtual press conference for journalists in the coming weeks to explore the white paper's major findings and suggestions in further depth.