Policy

Sustainability

The environmental impact of blockchain technology, focusing on energy consumption and carbon emissions associated with mining and validating transactions.

Resource

Blockchain's Environmental Impact

Blockchain technology has the potential to be transformational for the global financial system. However, blockchain gained a reputation as a potential environmental risk due to broadly-stated headlines about its energy-intensive mining processes. But a deeper analysis of blockchain technologies revealed that blockchain protocols are not the same, and each may have varying levels of environmental impact.

Blog

ESMA Consultation Response: Sustainability and ESG Insights

The Stellar Development Foundation (SDF) is pleased to submit its comments to the European Securities and Markets Authority (ESMA) regarding environmental sustainability impacts of blockchain consensus mechanisms. ESMA sought feedback from industry and the public on the development of technical standards in connection with the Markets in Crypto Assets (MiCA) regulation, including sustainability indicators for distributed ledger technology.