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From YouTube: Fireside Chat: Unlocking Carbon Market Interoperability - Juan Duran and Marc Johnson - (Main Stage)
Description
Blockchain can provide a great service for connecting different climate assets markets such as carbon offsets and renewable energy certificates. The potential of using these new technology and the mixture with Artificial intelligence, Data Analytics and other technologies can dynamize the climate markets, providing new opportunities and helping the world achieve the goal of reducing climate change impact
- Sustainable Blockchain Summit LATAM 2022 - https://sbs.tech/
A
A
A
B
B
B
A
B
They
were
very
scared
about
the
quality
of
the
Registries
that
were
at
that
time,
the
difficulty
that
they
had
to
access
information,
the
difficulty
to
to
explain
everybody
what
the
project
was
and
the
information
wasn't
public
even
and
they
every
documentation
that
they
had
to
fill
out.
It
was
very
difficult
for
them
and
yeah
I
had
so.
There
was
a
good
friend
with
my
of
mine
that
he's
right
now
at
the
Defcon
and
he
he
looked
at
me
and
said.
Why
don't
we
do
our
registry
system
based
on
blockchain
and.
A
A
That's
amazing
and
I
love
that
you
know
some
of
the
compelling
arguments
or
some
of
the
the
reasons
why
you
guys
looked
at
it
is
to
alleviate
those
core
aspects
of
these
Legacy,
Registries
and
Legacy
systems,
which
is
the
opaqueness
of
data,
the
transparency
and
the
verifiability
of
the
actual
information
that
is
exchanged
between
the
counterparts
throughout
the
evolution
or
the
life
cycle
of
these
projects.
So
that's,
that's
all
really
amazing.
A
A
We
have
this
really
compelling
image
that
NASA
released
earlier
in
this
year
in
the
aftermath
of
the
extreme
heat
waves
that
hit
us
this
summer
and
this
you
know
this
picture
really
really
speaks
to
me
quite
quite
strongly,
and
it
really
remem
reminds
me
of
few
of
the
most
recent
climate
scientists
reports
that
have
been
published
right,
the
United
Nations
environmental
program.
They
have
a
yearly
report
called
the
admissions
Gap
report
right
and
last
year's
report,
which
was
aptly
named.
A
The
heat
is
on
it
definitively
concluded
that
climate
change
is
no
longer
a
future
problem.
It
is
a
Now
problem
right
and
the
ipcc's
sixth
assessment
report,
which
has
been
released
this
year,
also
definitively
concluded
that
a
lot
of
the
extreme
weather
events
such
as
this
heat
wave
or
such
as
the
droughts
and
the
floods
that
we've
seen
are
directly
can
be
directly
attributed
to
the
buildup
of
greenhouse
gases
in
our
atmosphere.
A
Now
we
have
a
lot
of
tools
at
our
disposal,
but
you
know
we
have
some
very,
very
pressing
issues
at
hand,
and
we
need
to
do
absolutely
everything
that
we
can
to
decarbonize
the
global
Society
at
a
scale
on
speed.
Never
before
achieved.
So
can
you
speak
to
us
a
little
bit
from
your
perspective
about
how
you
know
Carbon
markets,
carbon
pricing,
initiative,
emissions
trading
systems
can
help
in
this
regard,
to
realign
incentives,
Drive,
deep,
deep
decarbonization
around
the
world.
B
Yeah,
it's
actually
that
that
image
says
a
lot
and
climate
change
is
happening
right
now.
It's
actually
climate
changes
on
the
past
and
I.
Believe
everybody
here
agrees
with
us
or
agrees
with
me
when
I
tell
what
we
are
doing
is
not
enough
and
I
believe.
That's
that's
why
we're
here
so
I
would
say:
carbon
markets
are
designed
from
from
the
scratch
actually
to
to
implement
this
climate
impact
costs
on
products
and
services,
apparently
sure
so.
B
Normally
you
can
development
costs,
a
production
costs,
Transportation
costs
and
financial
costs
and
anything
to
have
a
product
or
service.
But
actually,
when
you
talk
about
nobody
talks
about
climate
change
or
carbon
markets
as
part
of
the
cost
that
you
are
generating
and
that's
why
there
there
have
been
developments
of
emissions
trading
systems
in
some
parts
of
the
world,
carbon
taxes
in
some
other
parts
of
the
world
and
then
comes
the
voluntary
Market
as
a
carbon
offsetting
possibility,
so
that
people
can
compensate
their
impact.
B
A
Yeah,
that's
it.
It
seems
pretty
apparent
right.
Carbon
markets
have
been
around
for
now
25
years
right.
They
were
first
kind
of
created
with
the
Kyoto
Protocol
back
in
1997
and
obviously
they
have
gained
traction
and
they
have
seen
success
in
certain
areas.
But
if
we
want
to
decarbonize
all
forms
of
economic
activity
in
at
you
know
the
speed
at
which
we
must,
then
we
drastically
need
to
scale
these
carbon
markets
need
to
make
them
more
effective.
A
B
That's
actually
very
interesting
because
a
lot
of
people
want
to
help,
but
they
don't
know
how
and
web3
has
the
possibility
to
empower
individuals
to
give
something
for
climate
change
and
to
give
exactly
what
they
are
expecting
and
the
key
to
deliver.
Something
for
the
people
that
are
expecting
is
to
have
all
the
information
that
requires
so
that
you
me
anybody
that
is
sitting
here
can
understand
what
actually
is
happening
on
the
projects
and
what
they
are
offsetting.
B
One
of
the
main
parts
there
and
I
would
say
is
something
like,
for
example,
in
the
future
I
Believe
In
A
system
that
you
quantify
not
in
tones
but
in
kilograms,
for
example,
and
the
tone
needs
to
cost
more
than
100
dollars
around
that
more
than
200
I
believe
to
be
effective.
And
then,
when
that
happens,
that
will
happen
when
the
mass
can
have
access
to
each
one
of
the
credits
and
to
to
be
able
to
do
that.
B
You
need
an
infrastructure
that
can
exchange
information,
I
I
love
the
your
slide
Alan
from
bridging
Bridge
information,
Bridge
connect
and
everybody
needs
to
connect
that
that's
actually
one
of
my
main.
My
main
models
that
everybody
needs
to
connect
and
information
must
be
there
so
that
every
individual
can
make
a
decision.
Yeah.
A
That's
that's
really
wonderful
and
a
few
points
that
you
just
raised
really
also
resonated
with
me,
I
think
on
the
next
slide.
If
we
can
go
somehow
somebody
there,
we
go
I
wanted
to
just
give
a
you
know
a
picture,
a
visual
element
here
again
to
the
audience
about
the
state
of
you
know
the
the
carb
markets
as
they
exist
in
the
world
right.
A
There
are
more
than
68
I
believe
this
year,
there's
68
already
launched
and
a
few
more
in
development
are
being
implemented,
carbon
trading
schemes
or
emissions
trading
schemes
and
carbon
pricing
initiatives
around
the
world.
But
to
your
point
about
you
know-
and
this
is
not
to
say
anything
about-
what's
happening-
the
voluntary
carbon
market
and
obviously,
all
the
evolution
that's
taking
place
here
in
the
web
3
space.
A
But
it's
really
it's
really
fascinating
to
see
how
all
of
these
wonderful.
Thank
you
how
all
of
these
initiatives
you
know
have
sprung
up
over
the
past
few
years.
But
what
strikes
me
as
obvious
is
that
why
all
this
is
a
good
sign.
There
is
a
tremendous
amount
of
fragmentation
with
regards
to
the
data
underlying
these
initiatives.
A
With
regards
to
the
price
points
that
all
these
environmental
assets
are
trading
at
among
these
areas,
so
you
know
I
would
love
to
get
your
thoughts
on
the
current
state
of
this
on.
What
this
can
and
should
move
towards
in
the
future
may
be
hoping
to
achieve
that
100
or
200
carbon
price
point,
and
how,
once
again,
technology
can
really
play
a
vital
role
in
this
regards
and
moving
it
to
the
Future.
B
B
Is
that
all
these
markets
that
you
see
there,
they
should
share
information,
learn
from
what
has
been
done,
develop
new
methodologies,
methodologies
that
are
based
on
technology,
for
example
like
digitized,
mrb,
Solutions,
or
solutions
that
are
simplified
so
that
smaller
projects
can
go
to
scale
and
can
sell
the
credits,
and
the
trust
will
be
will
be
there
when
you
have
the
information
to
show
everybody
that
you
are
doing
the
right
thing
to
do
and
that
the
projects
are
actually
doing
their
impact.
That's
that's!
B
Actually,
the
information
needs
to
be
exchanged
under
all
these
markets
and
the
ones
that
are
not
painted
there,
because
they
need
to
be
included
as
well
and
and
that's
actually
how
I
believe
the
web
3
can
help
a
lot,
because
that
can
Empower
individuals
and
right
now
the
market
is
based
on.
For
example,
a
lot
of
people
ask
me:
why
do
you
think
that
the
credits
that
are
on
eco
registry
costs,
less
than
Avera
credit
and
I,
have
to
answer?
Okay?
We
are
not
yet,
for
example,
as
the
standards
that
we
work
with.
B
A
Yeah,
that's
that's
really
crucial.
I
mean
making
sure
that
the
information
underlying
all
of
these
different
initiatives
can
be
used
and
transferred
and
and
talked
to
other
initiatives.
Other
markets
is
absolutely
crucial,
I
think
to
unlocking
you
know:
more
transparent,
more
verifiable,
more
scalable
infrastructure
for
us
to
more
accurately
price,
all
these
negative
externalities
right
and
as
you
just
reference,
you
know,
there's
a
tremendous
amount
of
evolution
taking
place
in
that
space.
But
you
know
to
the
core
of
this
conversation.
A
Is
the
topic
about
interoperability
right
with
all
of
these
new
projects
being
developed
in
the
web
3
space?
They
are
still,
you
know,
on
their
own
chain
or
in
their
own
ecosystem.
There,
obviously,
as
Alan,
highlighted
a
tremendous
amount
of
initiatives
and
a
lot
of
work
being
done
on
bridging
these
things.
But
what
can
we
do
as
a
web
3
ecosystem
to
unlock,
even
more
interoperability
within
our
own
space
and
within
the
web?
Three.
B
Yeah,
so
actually
that
you
are
describing
my
work
in
the
last
about
six
or
eight
months,
because
one
of
my
worries
is
how
to
connect
Legacy
platforms
to
new
platforms
or
how
to
connect
our
platform
to
new
platforms.
I
believe
very
interesting
solution
is
Falcon
the
one
because
you
will
have
the
the
the
chance
to
have
information
spread
and
you
can
have
the
the
read
access
of
that
information.
That's
very
important
and
above
that
we
are
working
very
hard
on
right.
B
Now
we
have
like
API
Services
based
on
apis
and
everybody
that
wants
to
connect
with
us,
I
just
send
them
the
struggle
link
and
yeah
here
is
the
documentation
you
just
and
call
me
when
you
don't
understand
anything
and
we
can
connect.
That's
how
I'm
working
right
now,
but
more
than
that
we
need
to
have
or
what
I
say.
We
need
to
have
like
a
common
information
model
for
exchanging
information.
B
That
would
facilitate
a
lot
of
things,
because
once
you
have
this
common
information
or
common
language,
it's
like
when
we
are
speaking
all
the
same
language
right
now,
everybody's
understanding
me
because
we
are
speaking
all
English.
So
once
you
have
a
Common
Language,
then
you
can
exchange
this
information
easily
and
everybody
can
use
it.
I
don't
have
to
go.
B
If
I
put
that
information
on
a
network,
then
I
don't
have
to
actively
go
and
connect
to
the
Token
Network
so
that
they
can
have
their
pools
now
they
just
can
grab
the
information
from
from
the
system
and
and
do
their
own
pools
or
any
other
system
that
is
working
so
that
that's
actually
how
it
should
work
in
the
future
and
I.
Imagine
in
the
future.
I
can
take
with
my
metamask
and
I.
A
Sure
yeah
yeah
and
that
would
unlock
a
lot
of
these
opportunities.
You
know
to
maybe
generate
a
credit
on
your
you
know:
chain
multi-chain,
using
the
colored
coins,
I,
love
that
point
and
then
able
to
you
know,
unlock
the
ability
to
seamlessly
transfer
that
say
to
the
toucan
infrastructure
on
polygon
and
then
over
to
say
the
regen
letter
on
Cosmos
ecosystem
right
and
and
transfer
these
around
different
eco
systems
in
a
much
more
seamless
list
and
frictionless
manner.
I
agree
that
that
data
underlying
this
is
absolutely
crucial.
A
You
know
in
closing,
if
we
can
go
back,
one
slide.
I
still
can't
use
this
and
I
just
wanted
to
bring
us
back
to
this
picture
right.
It
resonates
so
strongly
with
me
and
I
want
to
ask
you
to
give
us
kind
of
a
call
to
action
in
terms
of
how
we
can
all
work
together
to
collaborate
to
unlock
this
interoperability,
to
make
sure
that
the
data
underlying
all
these
projects
and
all
these
ecosystem
is
more
or
less
standardized,
is
immutable,
increases
or
enhances
the
transparency
and
the
verifiability
of
all.
B
So
I
would
say
the
first
thing
is
information
exchange,
transparency,
traceability,
that's
very
important
and
the
other
thing
that
I
I
feel
is
We
are
failing.
Also,
is
new
methodologies
and
new
methods
of
quantification,
the
carbon
reductions
or
avoidances,
and
also
to
have
a
good
way
of
reaching
out
to
the
individuals
to
the
people,
so
that,
because
right
now
the
big
buyers-
I,
don't
know
Delta
Airlines,
for
example,
or
Volkswagen
I,
don't
know
so
those
big
ones.
But
what?
A
Sure
yeah,
that's
wonderful
and
you
know
we'll
we'll
leave
it
there,
because
there's
a
tremendous
amount
of
opportunity
for
us
I
think
we
have
the
tools
at
hand
here
in
the
house,
and
you
know
ideas
in
our
mind
of
how
we
can
unlock
these
opportunities
scale.
These
carbon
markets
in
a
much
more
effective
in
a
much
more
transparent
fashion,
and
thank
you
so
much
for
your
time
and
for
all
the
great
work
you've
been
doing
in
the
space
foreign.