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How blockchain technology is used to save the environment

Published 07/17/2022, 01:17 AM
Updated 07/17/2022, 03:00 AM
How blockchain technology is used to save the environment

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

In June, the United Nations held its “Stockholm+50: a healthy planet for the prosperity of all — our responsibility, our opportunity” event, focused on implementing its Decade of Action to deliver the Sustainable Development Goals, 2030 Agenda, Paris Agreement, and Post-2020 Biodiversity Framework, as well as to encourage a green recovery from COVID-19. The event took place 50 years after the first-ever United Nations Conference on the Human Environment in 1972, giving world leaders the chance to reflect on five decades of environmental action focused on tackling the Earth’s climate, nature and carbon dioxide pollution crises.

1. Supply chains

2. Recycling | 3. Environmental treaties

4. Energy

5. Nonprofits

6. Carbon tax | 7. Changing incentives

Selva Ozelli, Esq., CPA, is an international tax attorney and certified public accountant who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD.

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