Moving From Carbon Offsetting to Biodiversity - Is Carbon Offsetting the Right Way to Go?

Updated: Jul 5


Former Bank of England governor Mark Carney and now UN special envoy for climate finance is calling for a $50 – 100bn per annum global carbon offsetting market. This has contributed to a growth of existing and new carbon offsetting markets.


However, is carbon offsetting the right mechanism for the transfer of funds from polluters to nature? Is it sustainable and does it have the right incentive mechanism to create effective change in our society?


In this live chat with Walid Al Saqqaf of Rebalance Earth, (https://www.rebalance.earth/) he discusses a re-imagined and new approach for making protection of nature a profitable experience. An approach that ensures that we can have both a growing economy and a regenerative nature. Using carbon offsetting as an initial approach, they are developing a more comprehensive and holistic one around biodiversity.


One of these aspects is how tokenisation and the role blockchain can play in proof of carbon offsetting.






Meet Walid Al Saqqaf:


Walid is passionate about blockchain technology and how it can become this foundational platform to not only connect enterprises within an industry but also across industries. He has a background in building startups mainly in the B2C space and have worked in both the fintech and insurtech space.


He is now the founder of Insureblocks, the leading educational podcast on blockchain and smart contracts. He talks to some of the biggest names around the world to discuss their blockchain challenges and implementation.


Walid speaks at conferences internationally and advise a select number of clients on their blockchain opportunities.




Connect with Walid:

LinkedIn

Twitter


Visit Rebalance Earth:

https://www.rebalance.earth/