Wednesday May 22, 2024

Rob Lewis: Tokenising Forests to Improve Biodiversity

In this episode of the Smart Forests Radio, we speak with Rob Lewis, an ecologist at the Norwegian Institute for Nature Research (NINA) in Bergen, Norway. Our conversation focuses on Forest-Web-3.0, a collaborative project aimed at incentivising biodiversity data sharing and pro-forestation practices, thereby improving forest biodiversity. Rob discusses the potential of blockchain technologies for open and fairer data governance by ensuring transparency and control of data flows in open and decentralised networks. Moreover, through the tokenisation of biodiversity credits, this system has the potential to financially reward forest landowners for preservation efforts, helping to move them away from revenue sources reliant on resource extraction.

Interviewers: Jennifer Gabrys and Michelle Westerlaken

Producer: Harry Murdoch

Image: Forest-Web-3.0, https://www.forestweb3.com/

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