Application of Blockchain Technology in Climate Change

Abstract

Climate change presents complex challenges requiring transparent, efficient, and verifiable mechanisms for monitoring, reporting, and managing environmental impacts. Blockchain technology, with its decentralized, immutable, and transparent ledger system, offers innovative solutions to enhance climate action and sustainability initiatives. This chapter explores the application of blockchain in addressing climate change, including carbon credit tracking, renewable energy trading, climate finance, supply chain emissions monitoring, and decentralized environmental governance. Case studies and pilot projects are examined to illustrate how blockchain enables secure, real-time data sharing, improves accountability, and fosters stakeholder collaboration in climate mitigation and adaptation strategies. The chapter also discusses challenges such as scalability, energy consumption, regulatory compliance, and integration with existing environmental frameworks. By bridging the fields of digital technology and climate action, this chapter provides insights into how blockchain can support transparent, resilient, and efficient climate solutions.