Climate Confident Sequestering Carbon, Increasing Biodiversity, And Alleviating Poverty - A Chat With Rebalance Earth's Walid Al Saqqaf
A few weeks back I had IMF Assistant Director Ralph Chami on the podcast talking about how he came up with a way to put a monetary value on the ecosystem services performed by keystone species such as whales in the wild initially and subsequently also by forest elephants. If you haven't heard that podcast, do check it out, you will not regret it.
In today's episode, I invited Walid Al Saqqaf, co-founder with Ralph of Rebalance Earth, an organisation working to operationalise Ralph's work of putting a financial value on keystone species, starting with forest elephants in Gabon.
We had a great conversation about how Rebalance Earth is using a private blockchain to track the flow of funds to ensure the integrity of the system, how they're using sensors to track the species and paying the sensor owners (thereby turning conservation projects into money-making ventures), and how they're opening up their platform for others to introduce more keystone species.
This was a truly fascinating episode of the podcast and I learned loads as always, and I hope you do too.
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Credits
Music credits - Intro by Joseph McDade, and Outro music for this podcast was composed, played, and produced by my daughter Luna Juniper