Analysis: Improving Cookstoves in Bangladesh: A Novel Case Study on Blockchain Technology and Climate Change Initiatives
A greener and more sustainable society can be achieved through practical market approaches. A successful transition requires a combination of transparency, legitimacy, and incentives designed around the community. Main terminologies stated here include DAOs and Voluntary Carbon Markets (VCM). The KlimaDAO initiative to improve cookstoves in Bangladesh and other parts of the world through these organisations shows the dual potential that can exist, as well as their complementing advantages.
Photo courtesy of Cooking.