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The following background paper explains how the blockchain technology works and shows the fields in which it might be applied as well as the opportunities blockchain might provide. Furthermore, it highlights the threats posed by blockchain and the areas in which the technology requires further development. Anyone aiming at making a significant political, economic or technological contribution to this future topic should start addressing blockchain now.

The Green Climate Fund (GCF) recognizes the importance of stakeholder input and participation in the design, development and implementation of its financed strategies and activities to reduce CO₂ emissions and support developing countries that are vulnerable to the effects of climate change. Despite some existing challenges, these stakeholders, including private sector actors, civil society organizations (CSOs), vulnerable groups, women and indigenous peoples, can engage in the GCF at various levels. The factsheet is published under the project “CSOs readiness to the GCF – focus Africa” jointly implemented by Germanwatch and CARE International with support from a consortium of African networks and civil society organizations. The project aims to support broader African civil society engagement in the critical early implementation phase of the GCF.

In our globalized world public policy making and society at large face challenges like climate change and financial crises that are global, shared worldwide and tightly connected with policies across different sectors. Solutions for addressing such highly interconnected challenges in a ‘system of systems’ world, tend to address only subsystems and so fail to achieve systemic change and anticipate impact and unintended consequences of public action. Pursuing the necessity of informing the policy decision process and proactively sensing possible problems concerning global matters we are proposing a novel computational platform called SYMPHONY that offers a solution for designing and testing policies and regulatory measures. Our aim is to offer policy modellers and policy makers tools that will support them to make decisions which will prevent and mitigate economic and financial crises as well as foster an economically and ecologically sustainable growth path.