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Report: Accounting for Cryptocurrency Climate Impacts

Report: Accounting for Cryptocurrency Climate Impacts

The Crypto Climate Impact Accounting Framework is a first step to understanding how to account for emissions across the cryptocurrency value chain.

Download our report
The Framework was developed by Crypto Carbon Ratings Institute (CCRI) & South Pole

in consultation with PayPal's Blockchain, Crypto and Digital Currencies (BCDC) team and other climate and crypto experts.

As part of the framework release, South Pole and CCRI have jointly developed a methodology for crypto value chain stakeholders to allocate GHG emissions to their cryptocurrency-related activities.

The report introduces a holistic framework that allocates the GHG emissions of a cryptocurrency's network across the stakeholders along the value chain based on cryptocurrency-related holdings and transactions.

Framework developed by:

South Pole

"This framework is an exciting first step towards an industry-aligned GHG accounting standard for cryptocurrency value chains."

Chris Heysel, Head of Advisory, North America for South Pole


"This framework helps to overcome weaknesses of one-dimensional allocation methods and provides clarity by better reflecting the responsibility of stakeholders along the value chain."

Ulrich Gallersdörfer, CEO of Crypto Carbon Ratings Institute (CCRI)


Report: Accounting for the Climate Impacts of Cryptocurrency

Accurately allocating and accounting for cryptocurrency-related greenhouse gas emissions is the necessary first step to understand risks, define mitigation measures, and design emissions reduction strategies.


Crypto Carbon Ratings Institute (CCRI)

CCRI provides data on sustainability aspects of cryptocurrencies and helps companies to leverage them for their climate mitigation strategies.

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