As we face the harsh reality of struggling to fulfill even our basic needs, it's becoming increasingly difficult to ignore the growing impact of climate change. This raises a pressing question: what will be the consequences of climate change on the financial world, and what might be in store for the future of the crypto industry?
In light of these challenges, it's important to consider the potential implications and prepare for the potential changes that may be on the horizon.
I think climate change will make companies more responsive to environmental needs as you already see ESG reporting becoming mandatory in most of the countries. Eventually you'll see more such initiatives propping up. Also companies will make sure they are giving back to nature atleast enough as compared to what they are taking from it. I also feel a lot of products around climate change control could also kick in. Coming to crypto world, we have already seen some of the effects of it. A few countries have banned mining citing climate change as reason, this will obviously make POW concept much less usable in future.