2022-04-20 All Members Meeting Notes

Agenda 

• Recording

Link

• Presentation (Google Slides)
   

Notes

Judith Fleenor introduced the meeting with the Anti Trust rules governing our ToIP Foundation and then walked the members through the agenda and she shared the updates on our new members. Judith announced the three presenters, Martin Wainstein, Nancy Norris and Kyle Robinson and shared the up-coming conferences and events, including IIW, HXWG has a speaker series–How Might meeting is a Working Group Update Format, and the European Identity Conference in Germany. She continued that our next monthly meeting in May is a Working Group meeting update. Additional announcements were made regarding the AGENCY-Complex harms reduction through co-design of socio-techinial systems in FinTech on May 19th in HXWG.

Martin Wainstein, Executive Director of the Open Earth Foundation, introduced himself and shared insight into the work he and their organization is currently doing at the intersection of emerging digital technologies with a big focus on distributed ledger technology and AI. They focus on digital infrastructure and we they're focused on planetary scale projects so using systems thinking to understand what are key leverage points that they need to work on, in order to have multi-scale and multi-domain timeframes for more resilient environmental systems for earth and that takes us, among other things, to the area of climate accounting and managing super national policies, like the Paris Agreement. It's throw this process of climate accounting and trying to bridge certain gaps that we fall into the important topic of digital identity and digital trust. Consequently, the OEF has been collaborating with British Columbia for the past few years and in the last HyperLedger Global forum, they presented alongside BC and they're now very actively working together on a pilot for Open Climate Network and the Digital Trust Marketplace.

Martin Wainstein shared the work they've been collaboration on specifically is the Open Climate Platform Project that they started researching and working on four years ago and the specific pilot that they're doing with BC. He went on to share that the OCP is set to bridge gaps when it comes to climate accounting, accountability and essentially climate trust and transparency. The Paris Climate Agreement is a key policy document that connects all countries and a defined target to stay below 1.5 degree warming relative to pre industrial area. He shared a diagram in his slide that illustrates the records for climate and the emissions associated with them and financial actions associated with them. The idea is to solve for the issue that most of our climate data management system is fundamentally fragmented. A digital integrated global climate accounting system allows for framing the climate aspects of the 'Digital' Trust Marketplace within a holistic framework is needed to ensure positive network effects, feedback loops and a win-win scenario across all stakeholders. Hosting multiple climate accounting mechanisms connect through shared protocols, allows contractual automation in the link between finance and climate value flow based on agreed physical parameter of the Earth system. The illustration breaks down the influence from climate finances, climate assets, climate action and climate agreements. Martin went on to shared the illustration that depict the Designing Infrastructure for a Climate Internet with a key focus on the Nested Climate Accounting in a Spactial Web. Their goal is to capture the collective climate efforts, integrating public and private entities while preventing double counting.