In 2020, climate protection has become a particular focus of people’s attention. Both states and representatives of the private sector increasingly feel obliged to counteract the advancing climate change. New technologies play a decisive role in these efforts. A project from Spain proves that the Blockchain can also be applied here.

The energy arm of the large Acciona group has entered into a cooperation with the block chain start-up Climate Blockchain Initiatives (CBI). The aim of the project is to promote CBI’s ClimateTrade platform. This block-chain-based platform promises to simplify and accelerate the trading of emission certificates. Emissions trading enables companies to offset their emissions of CO2 and other greenhouse gases. The certificate trading system is based on the agreements of the crypto protocol.