September 24, 2022 Google Maps Is On The Road Again Carbon-friendly road trips are now possible in Europe. A major CRM develops a user-focused carbon credit marketplace. And Germany finds out the results of an accidental public transport emissions test.   There’s a lot to cover in the world of carbon credits, so off we go. Greening Your Pension - Whether You Like It Or Not   The UK just passed a suite of rigorous new accounting rules for pension schemes. The new rules affect primarily the largest schemes. Meeting the new standards won’t necessarily be a major challenge - but complying with the extra level of regulation might be. One goal is to require all eligible schemes to comply with the Paris accords - and to detail exactly how they plan to meet those standards. That’s a level of detail most governments haven’t met!   Google Takes The Green Route To Europe   Google Maps allows US users to choose the most fuel-efficient route to meet their destination. ...

September 17, 2022 Expanding the Scope of Emissions Investors gain a new ETF vehicle for the global carbon market, and companies begin to grapple with measuring the positive side of emissions. And in the meantime, a climate tech company gains a $55 million fund to expand its operations. In the midst of a week of dramatic turnarounds and headlines, the VCM keeps marching on. Here we go. The NKOTB - Plastic Credits As the carbon credit market matures and gains more acceptance, there is a new kid on the block - Plastic Credits.  The Plastic Waste Reduction Program framework is based on a Verra methodology and companies are already working on projects to tackle this climate problem, while reaping the rewards of the credits produced. This week, ClimeCo announced a partnership with Enaleia to reduce plastic pollution in Kenya via a plastic collection project. Scope 1, 2, 3 . . . . and 4? Companies group emissions types by scope, allowing them to distinguish emissions caused directly by t...

  Carbon Credits vs. Carbon Offsets At their core, both carbon credits and carbon offsets are accounting mechanisms. They provide a way to balance the scales of pollution. The big idea behind credits and offsets is that since CO2 is the same gas anywhere in the world, it doesn’t matter where emissions are reduced. For both consumers and companies, it makes financial sense to reduce emissions where it is cheapest and easiest to do so, even if that does not involve their own operations. Offset and Credit Similarities At the simplest level, a carbon credit or offset represents a reduction in or removal of greenhouse gas (GHG) emissions that compensates for CO2 emitted somewhere else. The instruments do have two major attributes in common: • One carbon credit or offset equals one tonne of carbon emissions. • Once a carbon credit or offset is purchased and the CO2 is emitted, that credit is “retired” and cannot be sold or used again. Carbon Offsets and Carbon Credits Defined While the t...

 What is GESIA Chain? While Bitcoin and Ethereum (pre-merge) are public blockchains that require a high carbon footprint by design, GESIA Chain has a hybrid architecture to reduce the carbon footprint of the blockchain. GESIA Chain works as a sidechain with lightning protocol to ensure high transaction processing speed and is limitedly anchored on the public blockchain to maintain network compatibility and stability. As the main anchoring chain, GESIA Chain intends to fork Bitcoin, which has verified security and stability for an extended time. Optimized transaction fee and carbon-free A lightning protocol is a ‘Layer 2’ payment protocol layered on top of a blockchain-based cryptocurrency. At this time, the Proof of Work consensus algorithm, which consumes excessive energy, is changed to a Proof of Authority-based consensus algorithm so that the network consumes much less energy and transaction fee than a leading public network. Proof of Authority (PoA) Proof of Authority (PoA) is ...

  According to CNN Money, 93% of millennials believe that a company’s social and environmental impact is key to their investing decision. We propose the Green Earth Social Impact Alliance (GESIA), through which we will cooperatively promote impact investment opportunities in the green technology industry. To uphold the fairness and transparency of this social alliance, the GESIA will operate on a digital platform, GESIA Platform, that will embrace blockchain’s philosophy of decentralization and incorporate its recent technological developments. We will introduce convenient and transparent services for individuals to invest in the voluntary carbon offset credit market and green technology companies and showcase sound and solid returns of social impact investment. The GESIA Platform will start with two services, ‘social contribution services’ and ‘social impact investment services,’ allowing participants to generate sufficient profits while contributing to society. 1) Social Contribu...

  We thought it’d be important to cover the different milestones we aim to reach for each quarter starting from Q4 of 2022 all the way to Q4 of 2024. We have a lot of plans and points to achieve for the next 2 years at GESIA. We have decided to divide these milestones into three categories; namely, On-chain, Off-chain and the type of Business it refers to within our ecosystem. We will keep posting regular updates regarding our Roadmap for our community to refer to should there be any modifications. The GESIA Team is committed to provide the best services to its customers with a clear goal in mind; using blockchain technology to offset the carbon foot print of users. This will be possible by developing and nurturing a specific community aligned with our values and visions.

What is a carbon offset? A carbon offset is a credit that a person or organization can buy to decrease its carbon footprint. Revenue generated from the purchase of carbon offsets is often — but not always — invested in environmentally friendly projects. What are carbon footprints? A carbon footprint is the total amount of carbon dioxide and other GHGs the activities of a person or organization generates. Producing a T-shirt creates indirect emissions at various points in the supply chain. These include growing the cotton and shipping raw materials and the final product, as well as later decomposition of the material in a landfill. The Environmental Protection Agency (EPA) and other websites provide free carbon footprint calculators. How does carbon offsetting work? Organizations and individuals pursue carbon offsetting voluntarily or to comply with regulations. An individual or company can pay a broker to remove a portion of carbon. The customer calculates their emissions level, from w...

The GESIA platform aims to overcome the limitations of current not-for-profit environmental movements and to promote social impact investment opportunities in new carbon economy by harnessing the possibilities wide opened by blockchain. As of now, The GESIA Platform offers two different services: the ‘social contribution services’ and ‘social impact investment services.’ The main rationale and purpose behind these two offerings is to allow users to generate significant profits while positively contributing to their respective society. The trade-off and fine line isn’t easy to fully develop for the ecosystem to be sustainable. However, Gesia is confident in its ability to design a tailored economy to motivate the voluntary participation of people by implementing blockchain’s network effects and various engaging elements. Additionally, the two services aforementioned will enable three distinct sets of utilities and benefits, namely a Point donation system, NFT Green activity certificate...

What are Carbon Offsets? Carbon offsets are assets used to compensate for an entity’s carbon emissions. The offsets are from activities or projects that suck in carbon from the air. They’re also from initiatives that reduce future emissions. As such, the credits produced by the projects represent the amount of carbon offsets that they deliver. They allow individuals, firms, and countries to offset their emissions. • One carbon offset represents one carbon credit. And in turn, one credit equals one ton of carbon removed or prevented from entering the atmosphere.

September 3, 2022   Can Food Be Carbon Neutral?   This week saw a dip in the European carbon price and also some big investments in the sector. A novel green steel tech got the bulk of the investment, while a carbon-neutral food company also took its generous share from some celebrities & athletes. Plus, planned carbon capture projects were reported to be ~1 billion yearly capacity in tonnes. But when any sector begins to see rapid growth, it draws the attention of investors and the occasional scammer.   Carbon Scam Falling prey to a carbon credit scam can be devastating. So it’s vital to know how to avoid scammers. A couple in Taiwan were recently convicted, fined, and sentenced to prison terms for a $3.3 million carbon credit trading scam. Investors are turning to simple checklists to help avoid being taken advantage of.   Stars Fund Neutral Foods With Bill Gates’s money and support from LeBron James and Mark Cuban, Neutral Foods secured $12 million. The compan...