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This RMI briefing proposes a standard, open-source, blockchain-based technical architecture to transform greenhouse gas (GHG) emissions reporting. The goal is to move from static, average-based reporting to a system using primary data at the product level, enabling better procurement decisions to lower Scope 3 emissions through a verifiable, digital audit trail across supply chains.

This briefing by RMI outlines a framework for 'climate intelligence' to accelerate greenhouse gas (GHG) emissions reductions, particularly in hard-to-abate industrial sectors. The strategy focuses on four pillars: emissions visibility, standardized accounting and attribution, digitized infrastructure using distributed ledger technology, and the scaling of these standards in markets.

This briefing explores how blockchain technology can enhance the cybersecurity of the electrical grid, particularly as the proliferation of Internet-connected devices increases vulnerabilities. It details the inherent security features of blockchains, their application in mitigating IoT and data communication risks, and the emerging challenge of cryptographic key mismanagement.