COP27 is receiving attention worldwide due to its potential solutions on climate change and the planet’s future. However, for investors looking to make an impact in the fight against global warming, IMPT is an interesting asset to do so with.
A Summary of COP27
The 2022 United Nations Climate Change Conference (COP27) was held in Sharm El Sheikh, Egypt, between November 6 and 18. The conference had global leaders unite to reinforce their commitment to help with climate change and develop strategies for improving global climatic conditions.
One of the most important agreements that came out of the meeting was reinforcing global leaders’ pledge to reduce global warming to the key threshold of 1.5C above pre-industrial levels. The UN has claimed that breaching this threshold will open more countries to the harsh effects of climate change, with agency chief António Guterres pointing out that a “giant leap” in climate ambition is still required as the planet is still in the emergency room.
Also, after several negotiations, almost 200 countries struck a milestone deal to establish a new fund for “climate loss and damage.” The fund will give money to countries hit the hardest by climate change while also serving as an additional incentive for countries to commit to the climate change agenda.
Several critics have argued that the COP27 summit failed to cut greenhouse gas emissions far enough. While the climate change issue remains a major commitment of world leaders, it appears that they will keep the resolutions on track.
Invest in IMPT And Get A Head Start
As global leaders continue to chart the right course towards batling climate change, it is also important for individuals and companies to play their part. In recent years, there have been questions surrounding blockchain technology and its possible role in the fight against climate change.
This is where the Impact Project comes in. This Ethereum-based platform is making it easy for anyone to join the fight against climate change by facilitating the trade of carbon credits that can be used to offset users’ carbon footprints.
The Impact Project was developed in 2022 to answer what blockchain technology is doing to help with the global warming problem. The platform uses most funds gotten to back environmental sustainability projects worldwide, making it easier to access the funding they need to create a greener world.
Investors can now participate in the fight to create a more sustainable world for future generations for the first time in the history of the crypto space.
Typically, carbon credits purchased through the Impact Project are non-fungible tokens (NFTs), which can be removed from circulation at any time by investors.
Already, the Impact Project has signed partnerships with over 25,000 affiliate partners, all of whom are committed to building a more sustainable world. These companies, which include names like Microsoft and Amazon, will commit portions of their revenues towards the fight against global warming, with the Impact project serving as their primary conduit.
Currently, IMPT allows retail investors to join the fight. The asset is one of the most promising environmental, social, and governmental (ESG) investments in the crypto space, and it has already raised an impressive $13 million since its presale began.
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