Digital Tokens for Climate Action and Nature-Based Solutions: Exploration of Opportunities and Considerations

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Apr 2023
This report on digital tokens for climate action and nature-based solutions forms a valuable addition to the emerging body of knowledge and is specially intended to inform, inspire, and spur action for new, innovative, and potentially effective ways of providing financial resources and effective action for climate action and the conservation and regeneration of our natural capital. Using technology to lower costs and barriers to access, as well as a tool to generate social inclusion and democratize opportunities, is at the core of the intersection that we will be presenting in this document. Latin America and the Caribbean need to combine the opportunity that natural capital and biodiversity bring, with the acceleration of ecosystems of innovation and entrepreneurship aiming at inclusion and diversity. This report aims to add value in the understanding of how the harnessing of these digital tools can help untap opportunities in Latin America for climate action and the protection of its rich natural ecosystems.