Liverpool’s City Council is aiming to be the first city in the UK to become ‘climate positive’ by the end of 2018. Climate positive means that the city will remove more carbon dioxide from the atmosphere than it emits each year.
Liverpool City Council has signed a partnership with an eco-digital company in a bid to become the first climate positive authority in the world by the end of 2018 and to create the first climate positive city in the world by the end of 2020.
The Poseidon Foundation will integrate its blockchain-powered platform into the Council’s day-to-day operations. The technology offsets the carbon impact of any product or service by transparently supporting essential forest conservation projects, allowing individuals, organisations and governments to reverse the impact of climate change every day through their activities.
Poseidon will be moving its operations to the city in order to play a key role in Liverpool’s new climate positive strategy, which will be trialled over the next 12 months.
“For the first time, a city will use blockchain technology to go beyond rebalancing its carbon footprint – leading the way in the fight against climate change,” said Laszlo Giricz, founder and CEO of Poseidon.
Poseidon, which is already working closely with Liverpool company BAC Mono to create the world’s first climate positive car, will work with local schools, universities and businesses to develop educational programmes around climate impact that will play a vital role in the council’s commitment to cut its overall carbon emissions by 40 per cent by 2030.
Image credit: Fraser Mummery via Flickr