Energy efficiency can account for half of the solution to limit the rise in global temperatures to 2 degrees. Although cost-effective, however, its wider application is still hindered by obstacles. Through its transparency, peer-to-peer dimension, trust basis and growing potential, blockchain can smoothen and accelerate EE investments.
Governments should encourage its rise. At the G20 this year, President Emmanuel Macron announced a summit this month dedicated to climate finance. It is a great opportunity for France, Europe and the world, to further analyze and promote blockchain’s potential in accelerating climate actions.