The European Union (EU) has taken strides to use blockchain for advancing climate change initiatives. According to Blockchain for Climate Innovation, "The European Union has taken the lead in formally looking for ways to harness blockchain for climate action; for this purpose, in 2018, the European Blockchain Partnership was created to leverage blockchain to create cross-border services for public administrations, businesses, citizens and their ecosystems to verify the information and make services trustworthy."

Blockchain has the potential to offer several benefits for climate change. According to the European Commission, blockchain can improve "transparency, accountability and traceability of greenhouse gas emissions." It can be utilized through "smart contracts to better calculate, track and report on the reduction of the carbon footprint across the entire value chain." Additionally, "it can provide instant authentication, verification of real-time data and clear data records."

The UN Environment Programme (UNEP) published an article regarding blockchain and climate change. In the article, several advantages of blockchain were outlined, including the "sustainability of products" and "the real-time monitoring of pollution." UNEP also emphasized how blockchain is driving innovation throughout the world. The organization noted that "according to the UNEP/SAF report, blockchain’s distributed ledger technology can provide improvements by enabling renewable energy project developers, investors, and purchasers to collaborate on a common platform with established international standards for due diligence and compliance."

According to Elysee Palace sources, Macron is the eighth president of the French Fifth Republic. He studied philosophy before joining the Ecole Nationale d’Administration (ENA), from which he graduated in 2004. Macron joined the General Inspectorate of Finance, where he worked for four years before entering the banking sector. In 2012 he became Deputy Secretary General of the Presidency of the Republic; from 2014 to 2016 he served as Minister of Economy, Industry and Digital Affairs.