Proposal(s) title:
- Standards development in blockchain and DLT that contribute to Sustainability
Proposal(s) topic:
Blockchain and Distributed Ledger Technologies
Impact on SMEs:
Impact on SMEs (7th Open Call)
This contribution brings together the financial, reporting and new technologies that impact European societies, and bring opportunities for SME innovation. Examples include:
Climate resilience: Extreme weather events across Europe and globally in 2024/25 saw a seismic shift in climate impacts on societies. B/DLT technologies provides a track record of immutable data sources to help historical measures and help European societies and governments to plan for future climate resilience.
New technologies: The accelerating shift in global tech eg: AI and crypto-currencies, is setting revolutionary opportunities and challenges to European laws, ethics and societies. B/DLT enables immutability, trust in distributed systems and change management in mass data storage.
New Regulations: New standards in Terminology and B/DLT technologies contribute to the new EU Sustainable Reporting legislations, by providing ESG traceability eg: accurate carbon emissions for businesses.
Climate resilience: Extreme weather events across Europe and globally in 2024/25 saw a seismic shift in climate impacts on societies. B/DLT technologies provides a track record of immutable data sources to help historical measures and help European societies and governments to plan for future climate resilience.
New technologies: The accelerating shift in global tech eg: AI and crypto-currencies, is setting revolutionary opportunities and challenges to European laws, ethics and societies. B/DLT enables immutability, trust in distributed systems and change management in mass data storage.
New Regulations: New standards in Terminology and B/DLT technologies contribute to the new EU Sustainable Reporting legislations, by providing ESG traceability eg: accurate carbon emissions for businesses.
Value of Research
Description of Activities
The priority aims to support the development of European and international standards for DLT/blockchain technologies to ensure transparency in sustainable financing. This contribution brings together the financial, reporting and new technologies to address the gaps between these three sectors.
The challenge for sustainable finance is to minimise the risk of 'greenwashing’ and provide better reporting for the Sustainability sector, ESG investment and Net Zero climate goals and new EU Reporting regulations.
Portrait Picture
Standards Development Organisation:
