Following the 6th synthesis report of the IPCC on March 20th, the environmental situation is alarming, and it’s not a laughing matter! (IPCC stands for Intergovernmental Panel on Climate Change). Greenhouse gas emissions are still increasing, and the global surface temperature has risen by 1.1°C compared to the pre-industrial period. This means more frequent and intense heatwaves, droughts, floods, and hurricanes that will lead to biodiversity loss and the degradation of what we hold most dear: nature.
But, there is a but. It is possible to stop this disaster that is advancing at a giant pace. How can we achieve this? Let’s take the example of Costa Rica, which runs on 99% renewable energy today. By following their example, we can start investing in renewable energy sources and reduce our dependence on fossil fuels. Furthermore, we should adopt more sustainable behaviors in our daily lives, such as reducing our water and electricity consumption, sorting our waste, and encouraging businesses to adopt eco-friendly practices.
But, what is the role of Web3 in all of this? Are the technological advances in this field in line with the environment of tomorrow? In this article, we will take stock of the current environmental situation, understand the cause of global warming, and see how the economy of tomorrow can find its place within Web3.
Table of Contents
A. Darker days, global warming is gaining ground
The cause of global warming
Global warming is a global threat that continues to intensify. This temperature rise is due to the accumulation of greenhouse gases in the atmosphere, largely linked to human activities such as the combustion of fossil fuels, and agricultural and industrial practices. On a larger scale, finance is what drives global warming. Indeed, as long as the major powers of this world take economic issues more seriously than environmental issues, nothing will change. We will continue to head straight into the wall and we will break our teeth. And unlike trees, teeth don’t grow back.
Effects already visible today
These emissions have disastrous consequences for our environment. We are already witnessing worrying phenomena such as glacier melting and rising sea levels, which will soon lead to the disappearance of Venice and Greenland. In addition, ocean acidification, intense heatwaves, prolonged droughts, devastating forest fires, and destructive storms will destroy everything we love, from fauna and flora to birds and flowers. Our rivers will also be impacted, with water of increasingly poor quality and increasingly harmful to our bodies.
To fight against climate change, we must reduce our greenhouse gas emissions. And this can be done by adopting clean technologies and using renewable energy. In addition, it is important to raise awareness of the urgency of the situation and encourage people to take action to reduce their own carbon footprint. Because let’s be honest, reducing our carbon footprint is a bit like playing sports, we know it is good for us, but it is not always easy to do. It depends mainly on our will, and it’s time to put this will to the test. Especially by supporting green projects, like Greenercoin.
The most important thing is to change our mindset
In this situation, the most important thing is to change our mindset. Governments must take radical measures to reduce greenhouse gas emissions and promote a transition to renewable energy sources. Companies also have a crucial role to play by adopting sustainable practices and reducing their carbon footprint. Citizens must also be made aware of the effects of global warming and encouraged to modify their daily behavior, such as reducing their energy consumption and promoting environmentally friendly modes of transportation, such as cycling or public transport. To quote the IPCC again, the watchword of the latest report published is: « Every Action Counts. »
To fight against climate change, we must reduce our greenhouse gas emissions. And this can be done by adopting clean technologies and using renewable energy. In addition, it is important to raise awareness of the urgency of the situation and encourage people to take action to reduce their own carbon footprint. Because let’s be honest, reducing our carbon footprint is a bit like playing sports, we know it is good for us, but it is not always easy to do. It depends mainly on our will, and it’s time to put this will to the test. Especially by supporting green projects, like Greenercoin.
B. Greener days, every problem has a solution
Solutions to the environmental problem
The awareness of the environmental urgency has led to a constant search for solutions to protect our planet. Initiatives have been launched in many areas, from agriculture to industry, to consumption. Renewable energies, such as solar or wind power, have been developed to replace fossil fuels that deplete natural resources and pollute the environment. Reducing water consumption and limiting waste are also important actions to reduce our environmental footprint. Companies are also increasingly committed to adopting sustainable practices, by adopting sustainability standards and reducing their greenhouse gas emissions. There are many other solutions that contribute to a greener future, but it is essential to implement them effectively and consistently. Once again, « Every Action Counts, » and seemingly insignificant daily actions can have a significant impact when combined. Here is a non-exhaustive list of what you can do at your level to make the planet greener:
- Reduce waste: buy products with less packaging, recycle waste, and avoid disposable products.
- Use eco-friendly transportation: opt for public transport, cycling, or walking instead of driving, and choose fuel-efficient vehicles.
- Consume responsibly: choose local and seasonal products, avoid disposable products, and buy ethical and sustainable products.
- Plant trees: participate in reforestation projects or plant trees in your own garden.
Web3 as one of the promising fields for nature
Web3 is our domain! But why turn to this technological advancement to build our ecological project? Greenercoin chose Web3 because it is an emerging field that combines blockchain and decentralized technologies to create new applications. This promising field can also play an important role in protecting the environment. Indeed, blockchain technology can be used to track and record data on air, water, and soil quality. This data can then be used to develop solutions to protect the environment.
Moreover, blockchain technology can also be used to implement reward systems for eco-friendly behavior. For example, companies could reward their customers for adopting sustainable practices, such as reducing their energy consumption or recycling their waste.
The most important aspect of Web3 is that it can combine the economy and the environment by promoting more sustainable practices. This sector is considered the future of the digital economy, and investors are likely to invest heavily in the coming years. This is why making Web3 sustainable now represents a real challenge to ensure the sustainability of the digital economy while preserving our planet. Indeed, while Web3 technologies can potentially reduce the environmental impact of our online activities, it is also important to ensure that the infrastructure and applications are developed in an environmentally friendly manner.
Some interesting projects
Let us talk about our project, Greenercoin. The watchwords of this project are renewable energy, future, and security. Indeed, our blockchain will only run on renewable energy, so greenhouse gas emissions will be significantly reduced compared to other energy-intensive blockchains that use fossil fuels. Within this project, a circular economy is highlighted with the sale of products that align with our values present on our marketplace. Lastly, an important detail of our project should delight you. Greenercoin is also committed to reforestation with its burn token mechanism (see more in this article). Acting for our future is the essence of our project.
But we are not the only ones acting for the common good of our Earth. This is why we will present you with two interesting projects that could impact the world of tomorrow in a positive way:
- Climate Chain is a blockchain project that encourages companies to reduce their carbon footprint by using blockchain technology to track and verify greenhouse gas emissions, offer financial incentives, and provide transparent reports on emissions.
- Ocean Protocol is a decentralized data market based on blockchain technology that allows companies to securely share and monetize data while preserving data confidentiality.
Our solutions
To conclude on a positive and environmentally respectful note, it is important to remember that every action counts, even the smallest. First, we must act at our level and then share our actions and ideas with others, such as Greenercoin, for example. By working together, we can create a collective movement for a more sustainable and respectful future for our planet. Every small action counts, and by combining them, we can make a big difference. So do not hesitate to inspire and encourage those around you to do their part for a greener world!
To learn more about our project, go here: Greenercoin.io
