Swedish climate activist Greta Thunberg takes part in a protest outside the EU Council as EU environment ministers meet in Brussels, Belgium, March 5, 2020. REUTERS
Swedish climate activist Greta Thunberg takes part in a protest outside the EU Council as EU environment ministers meet in Brussels, Belgium, March 5, 2020. REUTERS
Swedish climate activist Greta Thunberg takes part in a protest outside the EU Council as EU environment ministers meet in Brussels, Belgium, March 5, 2020. REUTERS
Swedish climate activist Greta Thunberg takes part in a protest outside the EU Council as EU environment ministers meet in Brussels, Belgium, March 5, 2020. REUTERS

Greta Thunberg will donate €1m climate change prize to environmental causes


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Swedish teen activist Greta Thunberg was awarded a €1 million (Dh4.2m/$1.1m) climate change prize on Tuesday, but said that instead of becoming a millionaire she would donate it to environmental causes.

Ms Thunberg, 17, won the inaugural Gulbenkian Prize for Humanity, awarded by the Calouste Gulbenkian Foundation, a Portuguese philanthropy organisation.

The prize seeks to recognise people or organisations “whose contributions to mitigation and adaptation to climate change stand out for their novelty, innovation and impact”, the foundation’s website says.

The young activist was selected among 79 organisations and 57 people from 46 countries.

The prize jury was chaired by Jorge Sampaio, who was Portuguese president from 1996 to 2006.

Ms Thunberg will give €100,000 of the prize to the SOS Amazonia campaign, led by Fridays for Future Brazil to tackle Covid-19 in the Amazon, and €100,000 to the Stop Ecocide Foundation to support their work to make ecocide an international crime.

Mr Sampaio, also the inaugural Mandela Prize winner in 2015, said the jury reached “a broad consensus” that the Swede had been able to mobilise the younger generation to fight climate change.

He said her “tenacious struggle to alter a status quo that persists makes her one of the most remarkable figures of our days”.

The judging panel was made up of internationally renowned personalities from science, technology, politics and culture.

It highlighted Ms Thunberg’s “charismatic and inspiring” personality, but also her ability to deliver a hard-hitting message that “aroused disparate feelings” about climate change globally.

The activist said she was “extremely honoured” to receive the prize.

“We’re in a climate emergency, and my foundation will as quickly as possible donate all the prizemoney of €1m to support organisations and projects that are fighting for a sustainable world, defending nature and supporting people already facing the worst impacts of the climate and ecological crisis, particularly those living in the global south,” Ms Thunberg said.

She was Time  magazine's Person of the Year in 2019. Forbes Magazine included her in the list of the World's 100 Most Powerful Women of 2019 and she was nominated twice for the Nobel Peace Prize, in 2019 and 2020.

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.