Towards Switzerland`s net-zero carbon emissions
Innosuisse funded project lead by the Department of International Business wants to enhance voluntary participation of companies in Switzerland`s green transformation agenda through “green currency” and a digital marketplace
Switzerland is committed to global climate change goals. The Federal Council ratified the Paris Treaty and announced that by 2050 Switzerland should not emit more greenhouse gases than can be absorbed naturally or by technical means. This means that net emissions will be reduced to zero and to half by 2030.
The Innosuisse funded project “Tokenized Voluntary Carbon Offsetting Mechanism for Accelerated Adoption” wants to contribute to Swizerland`s emission goals. The project aims at an integrated business model and a digital platform based on a novel green-crypto-token to encourage voluntary participation and accelerated adoption of the green transformation agenda. To deliver this vision researchers from four ZHAW Centers and different departments are closely collaborating with Peer Energy AG – a Swiss start-up. The project aims to offer attractive options to its target groups and open up the Voluntary Carbon Offsetting market in Switzerland and DACH by providing easy access to greenhouse gas mitigation initiatives.