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$100+ trillion needed to stabilize the climate. Who will pay for it?

$100+ trillion needed to stabilize the climate. Who will pay for it? S01E02 Better Worlds Podcast hosted by Vivi Lin, partner at Octopus Network

Who will pay to stabilize the climate at the speed and scale needed?

Hosted by Vivi Lin of Octopus Network with guest Delton Chen, Global Carbon Reward

In this episode, Dr Delton Chen (Brisbane, Australia) joins host Vivi Lin (Shanghai, China) in a frank discussion about Web3, the limits of decentralized finance, carbon markets, and the Global Carbon Reward; a policy based upon Central Bank Digital Currencies to reduce and remove carbon at the speed and scale needed to stabilize the climate. This concept has been popularized by the book Ministry of the Future by Kim Stanley Robinson. The cost of stabilizing Earth's climate could cost $100 trillion US dollars this century — who will pay for it?

Dr. Delton Chen founded the Global Carbon Reward initiative in 2013. Mr Chen is a qualified civil engineer and geo-hydrologist, and he holds a Ph.D. in engineering from the University of Queensland, Australia. Delton did his doctoral research on the hydrology of a coral cay in the Great Barrier Reef, and he has 20 years of combined experience in groundwater management, environmental impact assessment, geothermal energy and climate mitigation. Delton is a thought-leader in the development of public policies based on Central Bank Digital Currencies, and is a member of the Blockchain Climate Institute. Delton founded the “Global Carbon Reward” initiative to help reduce and remove carbon at the speed and scale that are needed to stabilize the climate and meet the 2015 Paris Agreement. Delton believes that the Global Carbon Reward can fill the funding gap for climate mitigation and help protect communities and ecosystems from the ravages of climate change and over-consumption.

Vivi Lin

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We believe that the digital transformation and related technologies are revolutionizing the very nature of the way we live and who we are.  Done right, these innovations can help lead us to a better world. We're here to bring together the people and the tools to help you build it.

One key focus of our mission is to explore how the innovations of Web3, Ai, and Quantum Computing can help to sustain the natural world and build greater efficiencies to grow our shared prosperity. We believe in creating a collaborative, inclusive, and sustainable community to explore innovative solutions. Solutions that will contribute to achieving bioregional and global prosperity by integrating our three interconnected worlds: the natural world, the human-made physical world, and emerging technologies.

Better Worlds seeks to explore alternative viewpoints through media, international conferences, symposia, essays and hack-a-thons that encourage and support the development of innovative solutions.