There have been unprecedented job losses and economic uncertainty following the outbreak of COVID-19. As governments and businesses look to stimulate growth, the Future of Nature and Business report found that ‘nature-positive’ solutions can create 395 million jobs and $10.1 trillion in business opportunity by 2030. Fourth Industrial Revolution technologies like Blockchain will play an important role for over 80% of the business opportunities identified in the report and are thus fundamental to unlocking nearly $8.7 trillion in value.
“As we enter into a historic decade of action to halt and reverse biodiversity loss by 2030 and address climate change, business has a critical role to play in environmental stewardship of our planet,” said Inger Andersen, United Nations Under-Secretary-General and Executive Director of the UN Environment Programme. “They have the technology, innovation and financing to make the shifts we need towards increased investment in nature’s infrastructure and nature-based solutions.”
A few blockchain highlights in this report include:
- Blockchain could contribute to a $365 billion saving by 2030 by reducing food loss and waste in the food supply chain
- Blockchain applications in energy and mining supply chains could generate an opportunity worth $30 billion in 2030
- There is a call in the report to scale blockchain’s potential to help create $3.5 trillion of value in the energy and extractives systems
This story originally appeared on BlockchainBeach.com. You can read it at https://www.blockchainbeach.com/world-economic-forum-releases-report-on-blockchain-and-economic-recovery/