If successful, the Crypto Climate Accord will create wins for both the planet and the global economy. For climate advocates, we can eliminate emissions from a fast-growing source of electric load.

For the cleantech industry, we can onboard an entirely new class of customers with significant demand for low-carbon solutions.

For the crypto industry, we can help support widespread adoption of crypto by making industry more sustainable.

The number of billionaires whose profits come from holding digital currency is increasing.

From four last year, we have increased to twelve this year.

In first place is one of the three most influential figures in the crypto sector, as well as founder of the derivatives broker FTX, Sam Bankman-Fried.

Present in the Forbes ranking are Ripple founders Garlinghouse and McCaleb, CoinBase co-founders Brian Armstrong and Fred Ersham, Changpeng Zhao founder of Binance who sees his wealth grow in parallel with the growth of Binance Coin, the exchange’s native token, is the second most important altcoin on the market, then Barry Silbert who owns Grayscale, the world’s largest digital currency asset manager;

Michael Saylor is the CEO and co-founder of MicroStrategy a publicly traded company that has invested in bitcoin by buying 91,579 BTC since August 2020, at an average cost of $24,311.

Many of the people mentioned are part of a really important project that aims to decarbonize the energy consumption of cryptocurrencies by 2025, that is, to make “carbon free” energy consumption intended for crypto and thus minimize the environmental impact, since cryptocurrencies use only electricity, which may well be produced with renewable sources.

The Crypto Climate Accord is inspired by the Paris Climate Agreement and the goal of the project is to work in collaboration with the cryptocurrency industry, including all blockchains, to achieve exclusive consumption of renewable energy by 2025.

Read the Crypto Climate Accord