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Thursday, 19 July 2018 11:54

Liverpool aims to be world's first 'climate positive' city by end 2020

liverpoolLiverpool City Council has signed a partnership with the Poseidon Foundation, where it will use Poseidon's blockchain-powered platform to rebalance more than 110% of its carbon emissions.

The council will also work to be the first climate positive local authority by the end of 2018. Poseidon has a role in Liverpool's new climate policy, working with local business, schools and universities to help Liverpool City Council achieve its commitment to cut its overall carbon emissions by 40% by 2030.

Poseidon uses blockchain technology to integrates carbon markets into transactions at the point-of-sale, giving consumers the chance to rebalance the climate impact of their shopping lifestyle choices by supporting forestry conservation projects around the world when they buy everyday items.

Liverpool bids to be first ‘Climate Positive’ City by end of 2020 from The Guide Liverpool on Vimeo.