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Crypto Climate Accord: UN-backed plan targets net zero digital currencies by 2040

Business Green

A major UN-backed initiative aimed at tackling the growing climate impact of the burgeoning crypto currency industry has been launched today, in bid to encourage all of the world's energy-intensive fintech blockchains to run on 100 per cent renewable power by 2025 and achieve net zero by 2040.

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Crypto firm Mode targets net zero digital currency operations before 2030

Business Green

Digital currencies have attracted increasing interest in recent years as a means of buying goods and services using an online leger to secure transactions, but the validation of these transactions - sometimes known as 'mining' - in order to generate currency often requires hugely energy-intensive machines and cooling processes.

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20 C-suite sustainability champions for 2021

GreenBiz

and globally by 2040. More broadly, the company is moving toward a "climate positive" value chain by 2040, embracing science-based targets. It uses blockchain to trace sourcing in India for guar, used in shampoos. Solvay repurposes wastewater from dairy production in the United Arab Emirates to cool cows in arid fields.

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20 C-suite sustainability champions for 2021

AGreenLiving

and globally by 2040. More broadly, the company is moving toward a “climate positive” value chain by 2040, embracing science-based targets. It uses blockchain to trace sourcing in India for guar, used in shampoos. The H&M Foundation and CO:LAB venture capital arm share a focus on advancing textile recycling.