- Ripple signed the Climate Pledge on Tuesday.
- Climate Pledge has now attracted more than 300 companies from 51 industries and 29 countries.
With the ongoing lawsuits of the US Securities and Exchange Commission (SEC) and Ripple, Ripple is taking new steps into the future. The blockchain company, Ripple, has signed the Climate Pledge, a pledge to achieve net zero carbon emissions by 2040 to avoid potential climate crises.
When it comes to the climate crisis, cryptocurrency must do its part to help build a more sustainable future. Yesterday, we signed up to ClimatePledge and joined over 375 companies that prioritize the planet.
The Climate Pledge is a pledge to achieve net zero carbon emissions by 2040, ten years before the Paris Agreement. In 2019, Amazon co-founded The Climate Pledge to create a multi-sectoral community of businesses, foundations, individuals and partners working together to tackle the climate crisis. Businesses and organizations can sign up as part of the fight against climate change and efforts to reduce carbon emissions. More than 375 people have signed it since it was passed in 2019.
Many organizations have joined
Bitcoin miner Marathon recently stated that regulators should create renewable energy stimulus programs for crypto-mining activities. However, Ethereum, the second largest cryptocurrency, has significantly reduced its energy consumption after a successful merger upgrade that took place in recent weeks.
To achieve net-zero annual carbon emissions by 2040, signatories to the Climate Pledge must agree to neutralize any remaining emissions with additional, measurable, real, lasting and socially beneficial offsets. More than 300 companies from 51 industries and 29 countries have so far signed the Climate Pledge, committing to fulfilling the Paris Agreement ten years ago.
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