The Climate Pledge reported that Ken Weber told about Ripple’s commitment to a low-carbon future for the crypto industry and global economy.
The Climate Pledge reported that Ken Weber on twitter told about Ripple’s commitment to a low-carbon future for the crypto industry and global economy. Was noted:
Signatory @Ripple tells us about their commitment to a low-carbon future for the crypto industry and global economy in this essay about why they joined #TheClimatePledge.
In a special essay, the following points can be highlighted:
Our goal, with our industry community, is to move the crypto industry and affiliated organizations towards 100% renewable energy use and net-zero carbon emissions.
Ripple utilizes the XRP Ledger (XRPL), the world’s first (since 2020) major global carbon neutral blockchain as a foundation for its product and services, building sustainable enterprise-grade solutions that are faster, more transparent, and more cost-effective than traditional financial services. Together with our customers and partners, we’re helping transform how people and businesses access financial services more widely. We’re contributing to delivering a more sustainable global economy and planet—increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a natively green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.
As co-founders and active members of the Crypto Climate Accord and WEF’s Crypto Impact and Sustainability Accelerator (CISA), Ripple is committed to a low-carbon future for the crypto industry and global economy. Ripple regularly works in partnership with respected climate players such as the Rocky Mountain Institute and crypto sustainability advocates like the Alliance for Innovative Regulation—all with a goal to move the crypto industry and affiliated organizations towards 100% renewable energy use and net-zero emissions. In 2020, Ripple announced its plan to go carbon neutral by 2030 and is on track to do so by 2028 or sooner through reduced emissions, clean energy use, and investments in innovative carbon removal projects.
By joining The Climate Pledge, we are reinforcing our industry-leading commitment to sustainability and we’re excited to be part of a community of like-minded companies that shares knowledge, ideas, best practices, and an urgent dedication to climate action.