Blockchain Unleashed at the United Nations General Assembly on the Global Crisis

Sarah Tran   Sep 27, 2019 12:00 1 Min Read (31).jpg


Greta Thunberg, the 16-year-old has been on the headlines for the global climate crisis movement and has delivered a compelling speech at the 73rd United Nations General Assembly (UNGA) on how businesses and political involvement have stolen her dreams by the lack of response to the crisis.


The burning platform created by Thunberg and the Global Climate Strike, involving around 1.4 million children protesting and thereby staying away from school for the development in blockchain and sustainable development goals (SDGs).


Dr. Jane Thomason, the CEO of Fintech Worldwide, suggested:


“An increasing number of blockchain events at and around the UNGA this year focused on demonstrating how blockchain is continuing to contribute to the SDGs by offering up some excellent use cases.” 

"A report by the Sustainable Digital Finance Alliance (SDFA) and HSBC Center of Sustainable Finance launched the report, “Blockchain Gateway for Sustainability Linked Bonds: Widening access to finance block by block,” suggested that blockchain can enable the green bond market to scale dramatically from 2 percent of the current trillion dollar market and could potentially unlock capital solutions." 

Katherine Foster, the Chief Intelligence Officer of the SDFA mentioned:  

"With 130 banks representing more than $47 trillion in assets and one-third of the global industry signing the United Nations' Principles for Responsible Banking on Sunday, the role of green digital finance will be central to meet the goals of the U.N.'s Paris Agreement on Climate Change, as well as its Sustainable Development Goals."  


Image via Shutterstock

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