INFOGRAPHIC: 5 Ways blockchain can help end deforestation
Did you know: The world has lost one-third of its forests
Here’s how blockchain can help:
Monitoring & Verification
Blockchain technology can be used to ensure proper monitoring and evaluation through the on-chain verification of reforestation and conservation efforts.
Community Ownership
Web3 tools such as DAOs allow communities to reclaim their lands, such as rainforests, through shared ownership, to protect them from deforestation and development.
Accountability
Through greater transparency and community ownership, Web3 tools give the community power to hold corporations and governments accountable to conservation and climate targets.
Tokenization
Blockchain enables the tokenization of natural assets, such as trees and swaths of forest land, helping to protect them while allowing individuals to directly invest in conservation efforts.
Climate Finance
Web3 presents new opportunities for NGOs and communities to receive funding in support of local regeneration efforts including grants, loans, and donations via crypto and NFT philanthropy.
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