Bitfury is committed to protecting the environment

January 18, 2020 by Clementine

After that the New Scientist has called into question the idea according to which the exploitation of Bitcoin is irreconcilable with the fight against climate change, Bitfury, the company Blockchain, right in step with him in a project to conserve and increase the area of forests of Kazakhstan.

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A project supported by the State

Currently, Bitfury and UNDP are in the process of signing an agreement with the kazakh ministry of ecology, geology and natural resources in order to establish a forest land of 20 acres in the Pavlodar region.
The goal of this serious investigation would be to offset the carbon footprint emitted by the company, but also to guide the country in an emission of a greenhouse gas most responsible.
Referring to development, Yakup Beris, the resident representative of UNDP in Kazakhstan, has said that the project represents the first initiative of carbon reduction for the country.

“We hope that it will accelerate the country’s efforts to reduce the carbon dioxide in partnership with the private sector “, he added.

The forest in Kazakhstan is particularly threatened

This project Bitfury-UNDP is an original idea of the Biodiversity Financing Initiative (BIOFIN), which is one of the objectives that it aims through its work, namely, to innovate the management of forests by introducing a more enabling legal environment and working for a collective awareness in terms of emission of greenhouse gases.
According to Meruyert Sarsembayeva, the specialist financial mechanisms BIOFIN, on 29 million hectares of forests that currently Kazakhstan, only a small portion is protected, and an area large enough remains of the prey of forest fires and logging.
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Clementine

Passionate about the universe geek, Clementine finds the news more interesting and involved in their drafting.

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