Dubai: A Dubai-based firm, HBK DOP, is part of a new initiative that will launch an online carbon credits exchange in Africa, where transactions will be collated using blockchain technology.
“Shipping is considered a major polluter – that might not be a fair characterization considering that it facilitates more than 80% of the global trade,” said Panagiotis Georgolios, Nexum Foundation’s founder.
HBKDOP – which stands for Hamad Bin Khalifa Department of Projects – was launched to take on sustainability-themed projects in the region and beyond.