Polygon has made major progress toward its goal of becoming carbon negative in 2022 by offsetting the network’s CO2 footprint, setting aside $20 million for climate projects and hiring a sustainability lead. But the journey so far has largely been a solitary one. The next step is to bring along the broader community on our mission to ensure the long-term sustainability of Web3.
On July 13 Polygon will host the Green Blockchain Summit, a virtual forum for Web3 leaders to develop solutions to the most urgent environmental problems facing the blockchain industry. The event will convene founders, operators, investors, academics, and more across Web3 and beyond with discussions ranging from on-chain carbon credits and NFTs to climate narratives and lessons from other industries.
Befitting the scale of the problem we are facing, the Green Blockchain Summit will cross network boundaries to bring together representatives of Polygon, Solana and Celo in what we hope is just the beginning of cross-chain cooperation. Another thing that separates the Summit from the pageantry of the green events circuit is the focus on a concrete goal: an agreement to collaborate on a framework for blockchain sustainability standards.
The Green Blockchain Summit is open to the public. It will feature an address by Polygon’s co-founder Sandeep Nailwal, panel discussions that will include projects like Filecoin, Gitcoin, Nori, Toucan, MOSS, KlimaDAO, Flowcarbon, enterprises like Gold Standard, EY and Citi, and speakers from Time and TechCrunch. You can see the full agenda on the event registration page.
Polygon’s own sustainability story began in April when the core team announced its commitment to becoming carbon negative by the end of the year and committed $20 million to climate-related projects. Since then, the protocol has retired $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since inception.
Read more: Polygon Reaches First Sustainability Milestone by Achieving Network Carbon Neutrality
You can register for the Green Blockchain Summit here, track our journey to becoming climate positive and tune into our blog for the latest news from the Polygon ecosystem.
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