Liverpool City Council has partnered with a cutting-edge tech firm in a bid to make Liverpool the first city in the world to have a positive impact on the climate by the end of 2020.
The City Council has signed an agreement with The Poseidon Foundation, which has built a ground-breaking blockchain-powered platform that offsets ‘climate negative’ actions, such as filling up a car, with a ‘climate positive’ carbon credit that funds forest conservation around the world.
The blockchain technology means that the platform is completely transparent and traceable – anyone can look at the detailed history of each individual gram of carbon offset.
Liverpool City Council will first integrate the technology into its day-to-day operations to offset more than 110 per cent of its own carbon footprint by the end of 2018, before rolling it out to the wider city.
Poseidon, which is currently based in Malta, will be moving its operations to Liverpool to support the project, where it will also work with local schools, universities and businesses to develop environmental educational programmes.
A Strategic Business Summit earmarked for September 2018 will also explore how Poseidon can help individual companies become climate positive.
“I’m delighted we have signed this partnership agreement with Poseidon to connect Liverpool directly with climate positive projects across the globe”, said Joe Anderson, Liverpool’s mayor.
“Liverpool City Council has a significant carbon footprint because of all the service we provide, be it street lighting, the running or countless properties… and our fleet of vehicles.
“We are already making significant strides to reduce our impact by 40 per cent by 2030, but that is not enough and partnering with Poseidon – whose potential for growth as a business is hugely exciting – means we can explore radical new ways to do more.”
Liverpool City Council is currently installing over 15,000 LED streetlights to cut its energy use from lighting by 82 per cent, and is planning to remove 700,000 ‘dead miles’ in bus journeys in the city centre.