Company
Date Published
Author
Chainlink
Word count
909
Language
English
Hacker News points
None

Summary

The Chainlink Community Grant Program has awarded a grant to the Net Zero Protocol, a London-based initiative, to develop an on-chain geospatial pollution data service. This project aligns with the United Nations Sustainable Development Goal 13 and the Paris Climate Accord by aiming to reduce greenhouse gas emissions and achieve net zero by 2050. The grant will support the creation of an open-source data feed that captures and stores pollution data from satellites and regional sensors on a blockchain, ensuring transparency and accountability in emission reporting. By utilizing a Chainlink External Adapter, the Net Zero Protocol will provide precise pollution data that can be accessed by institutions, governments, and smart contract developers, thereby enhancing environmental, social, and governance (ESG) applications. The initiative, spearheaded by Kirthi K., aims to eliminate under-reporting in emission disclosures and support various blockchain-based applications, including trading greenhouse gas credits and climate fund investing, while collaborating with the UK's Financial Conduct Authority.