It is evident how climate change affects human well-being, the international economy, and ecosystems. This problem threatens the stability of the economy and has detrimental effects on many different sectors. By using environmentally friendly building techniques, the sector has attempted to reduce its influence on the environment in recent years. It should be noted that while the construction industry has played a significant role in making this issue worse, it has also taken significant steps to lessen its environmental effect by using green building practices. Additionally, this has made it more difficult for building owners to completely adopt the idea of lowering their carbon impact. To comprehend the causes of this issue, several things must be taken into account. The problem at hand is the complex and unreliable accounting system that is used to precisely track energy use and greenhouse gas emissions. Even though there are several programs for evaluating the energy efficiency of buildings, none of them provide a thorough framework for the safe and correct measurement, reporting, and validation of carbon emissions. It is essential to recognize the variety of viewpoints on this issue. Numerous alliances investigated the potential of blockchain technology for decentralized renewable energy systems, climate financing, and registries and monitoring systems, among other areas of climate initiatives. Additionally, there have been efforts to generate blockchain-based carbon credits and implement blockchain-based systems in climate action programs.

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Financial Instruments Affected by Industrial Revolution 4.0: Blockchain Technology's Part in the Issuance of Carbon Credits

  • Wahyu Sardjono,
  • Widhilaga Gia Perdana,
  • Astari Retnowardhani,
  • Yuki Mahardhito Adityo Wardhana,
  • Dewi Sagita Pranata

摘要

It is evident how climate change affects human well-being, the international economy, and ecosystems. This problem threatens the stability of the economy and has detrimental effects on many different sectors. By using environmentally friendly building techniques, the sector has attempted to reduce its influence on the environment in recent years. It should be noted that while the construction industry has played a significant role in making this issue worse, it has also taken significant steps to lessen its environmental effect by using green building practices. Additionally, this has made it more difficult for building owners to completely adopt the idea of lowering their carbon impact. To comprehend the causes of this issue, several things must be taken into account. The problem at hand is the complex and unreliable accounting system that is used to precisely track energy use and greenhouse gas emissions. Even though there are several programs for evaluating the energy efficiency of buildings, none of them provide a thorough framework for the safe and correct measurement, reporting, and validation of carbon emissions. It is essential to recognize the variety of viewpoints on this issue. Numerous alliances investigated the potential of blockchain technology for decentralized renewable energy systems, climate financing, and registries and monitoring systems, among other areas of climate initiatives. Additionally, there have been efforts to generate blockchain-based carbon credits and implement blockchain-based systems in climate action programs.