On the Role of Tokenization for Pursuing Environmental Sustainability

Tackling the pressing challenges of climate change and environmental degradation, the Paris Agreement and the United Nations’ Sustainable Development Goals (SDGs) stand as pivotal frameworks guiding global efforts (United Nations, The Paris Agreement 2015). The Paris Agreement, an accord within the United Nations Framework Convention on Climate Change (UNFCCC), represents a collective commitment to limit global warming to well below 2, preferably to 1.5 °C, compared to pre-industrial levels. This goal is intricately aligned with the broader ambitions of the UN’s SDGs.