A new partnership, Delta Capita Environmental Markets (DCEM), has launched to create blockchain-based tools for countries to better manage their environmental markets. This effort follows discussions at the recent UN Climate Meetings in Bonn, where the need for effective environmental strategies was emphasized.
DCEM aims to support over 170 sovereign environmental markets. The goal is to enhance collaboration under the Paris Agreement and help countries achieve their climate targets. It includes three key players: Kana Earth, Tashinga Partnership, and Delta Capita.
- Kana Earth: This UK-based platform is a leader in natural capital technology, helping many climate projects succeed.
- Tashinga Partnership: Focused on Africa and Southeast Asia, Tashinga aids nations in eco-friendly growth and restoring their environments.
- Delta Capita: A global consulting firm that serves top financial institutions and supports various environmental initiatives.
Joe Channer, CEO of Delta Capita, said, “DCEM marks a new era of cooperation, blending financial expertise with climate action.” Justin Reynolds, CEO of DCEM, added that the initiative is about building trust and creating a clear, digital framework for nations to achieve both environmental and economic goals.
DCEM is designed to help countries:
- Create and manage their own environmental markets.
- Encourage economic growth through verified decarbonization efforts.
- Attract investments for greener initiatives.
- Engage in fair trading of environmental credits on a global scale.
The initiative also includes systems for tracking and managing environmental projects, offering a comprehensive approach to addressing climate challenges. This public-private partnership aims to connect countries seeking financial growth through environmental initiatives with investors looking for credible opportunities.
Recent statistics show that global environmental markets are increasing, with a reported 15% rise in investments related to sustainability in 2022. Projects under DCEM will initially focus on Sub-Saharan Africa and Southeast Asia, regions that are critical for achieving global climate targets.
As we move forward, the response from global audiences is overwhelmingly positive. Social media users are excited about the potential for real change through this collaboration, sharing insights and support for such innovative approaches to environmental issues.
This initiative is not just about fighting climate change; it’s about creating a sustainable future where economic and environmental goals go hand in hand.