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Development Of A Methodology And Sustainability Standards To Limit The Impact Of Crypto-Assets On The Environment

European Commission, Directorate-General for Financial Stability, Financial Services and Capital Markets Union (FISMA), FISMA.B.4 - Digital Finance Belgium has Released a tender for Development Of A Methodology And Sustainability Standards To Limit The Impact Of Crypto-Assets On The Environment in Banking And Finance. The tender was released on Sep 26, 2023.

Country - Belgium

Summary - Development Of A Methodology And Sustainability Standards To Limit The Impact Of Crypto-Assets On The Environment

Deadline - login to view

GT reference number - 72247283

Product classification - Feasibility study

Organization Details:

  Address - Belgium

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 72247283

  Document Type - Tender Notices

Notice Details and Documents:

Description - There is evidence that cryptoassets can cause significant climate and environmental damage and create negative economic and social externalities, depending on the consensus mechanism used to validate transactions. The growing demand for crypto-assets and the expansion of crypto-mining, including within the EU, could undermine the EU's efforts to achieve its climate and sustainability goals in line with the Paris Agreement. The activity aims to improve the EU's capacity to assess and mitigate the impact of cryptomining and develop specific sustainability standards. The preparatory action intends to develop a methodology for measuring the climate and environmental impacts of the consensus mech

Gt Ref Id - 72247283

Deadline - Nov 10, 2023

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