On 23 April 2026, our COO, Gideon Maasz joined the UN Blockchain Talks on Environmental Sustainability, hosted by UNDP AltFinLab and the UN Innovation Network. The session brought together Etherisc, Toucan, Cladfy, Origen Latam, and Fuel Switch for one practical question: where does blockchain actually make a difference in climate finance and environmental integrity?
Being invited to that conversation was an honour. Every team in the room has shipped real infrastructure into real markets. We are grateful to UNDP AltFinLab and the UN Innovation Network for the opportunity to be part of it.
Fuel Switch is a South African clean energy technology company that manages the full lifecycle of renewable energy attributes and carbon credits, from generation, through measurement and certification, to trading and retirement. We are not tied to a single standard. We work across the major international, regional, and local registries, including I-RECs, Guarantees of Origin (GOOs), zaRECs, Verra, Credible Carbon, and others in order to meet producers and buyers in whichever market they operate in.
Our pilot with UNDP Bosnia and Herzegovina, featured in UNDP's new publication New Tech, New Partners: Transforming Development in the Digital Era, addresses a concrete problem: from 2026, the EU's Carbon Border Adjustment Mechanism taxes imported electricity that cannot reliably demonstrate its low-carbon origin. Bosnia and Herzegovina exports significant electricity into EU markets, generates substantial hydropower and growing solar capacity, and yet has no internationally recognised way to prove that exported power is renewable. Without certification, exports get treated as carbon-intensive by default.
For this pilot, the platform issues Guarantees of Origin (GOOs) for every verified megawatt-hour of renewable electricity. Accredited generators connect via a secure API that receives production data from grid operators. Each certificate is recorded on a blockchain-secured ledger so it cannot be altered or double-counted, traded through a digital marketplace by producers, traders, and buyers, and retired upon use to create a permanent, auditable record. When GOOs are bundled with an electricity export contract and retired, the platform generates CBAM-ready documentation linking the shipment directly to its renewable source. The same workflow runs in our other markets, with the certificate type swapped to match the registry that applies there.
The Bosnia and Herzegovina pilot is designed for nationwide rollout and as a regional blueprint for the Western Balkans. If you missed the session, the UNDP report is the best place to see how these pieces fit together across more than forty country pilots.
Thank you to UNDP AltFinLab, the UN Innovation Network, and every team on the panel. This is what is possible when technology meets purpose.