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Blockchain Application for the Paris Agreement Carbon Market Mechanism—A Decision Framework and Architecture
2020
Sustainability
This paper evaluates the suitability of blockchain technology for the Article 6.2 carbon market mechanism of the Paris Agreement. The bottom-up approach of the Paris Agreement causes challenges to the robust accounting of mitigation outcomes and information asymmetry, both of which result from a high number of heterogeneous emission accounting systems. Blockchain is an innovative technology that can act as an aggregation platform for these fragmented systems while enhancing transparency and
doi:10.3390/su12125069
fatcat:2v76omtdqffyfal5syvh7lzjdi