DUBAI, UAE, April 24, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA), a world non-profit initiative, along with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a world effort geared toward harnessing blockchain-powered social impression initiatives throughout the UN Sustainable Improvement Targets (SDGs). This program goals to equip UNDP personnel and companions with the information, know-how, assist, and mentorship essential to develop, pilot, and scale blockchain-based options addressing real-world financial growth challenges.
Supported by a world community of trade consultants, this multi-year accelerator will onboard two cohorts yearly, every operating for a 4 month interval, specializing in capability constructing, resolution growth, and ecosystem progress. Leveraging Cardano’s infrastructure and EMURGO Labs’ experience, this system will ship as much as 40 blockchain options aligned with the SDGs, create an open-source useful resource hub, and promote cross-chain collaboration to broaden the impression of blockchain throughout the event sector.
Led by BGA Managing Accomplice Glenn Tan and members of the UNDP AltFinLab, the collaboration will span 5 international areas, providing funding and strategic assist to blockchain initiatives tackling challenges throughout the 17 SDGs.
“At UNDP, we imagine blockchain isn’t just a know-how — it’s a transformative pressure able to reshaping how we tackle humanity’s most urgent challenges. This accelerator program is greater than an initiative; it’s a name to motion for innovators worldwide to harness blockchain’s energy to drive sustainable growth. By fostering daring collaboration and leveraging its transparency and effectivity, we’re paving the best way for groundbreaking options that may uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.
As a founding supporter of the Blockchain for Good Alliance, Bybit has labored carefully with BGA throughout numerous initiatives to advertise the usage of blockchain for public good. Via its “Bybit Pool” initiative, the crypto trade has dedicated US$1 million in funding to assist EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution helps moral financing fashions and showcases blockchain’s potential in constructing clear provide chains.
Increasing Influence Throughout Europe
BGA marked a big milestone in January 2025 with its formal growth into Europe, becoming a member of the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Rising Applied sciences and Influence Entrepreneurship within the Western Balkans”. The roundtable introduced collectively 30 key delegates from the UNDP, European Fee, prime Web3 foundations, tech hubs, and coverage suppose tanks — together with the Ethereum Basis, Solana Labs, Stellar Improvement Basis, Algorand Basis, Cardano Basis, Celo, Metis, Cotrugli Enterprise College, Science Expertise Park Belgrade, BlackVogel, and the World Metaverse Council.
As a part of its broader European technique, BGA is actively participating in grassroots initiatives, forging strategic partnerships, and contributing to high-level coverage dialogues. With blockchain more and more acknowledged as a catalyst for clear, inclusive, and sustainable growth, BGA welcomes collaboration with like-minded organizations to advance real-world options and set up blockchain as a pillar of digital fairness and innovation throughout the continent.
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About Bybit
Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a world group of over 60 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a powerful deal with Web3, Bybit companions strategically with main blockchain protocols to supply sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key companions with the primary intention to contribute to societal good by utilizing blockchain know-how to unravel actual world issues. By convening leaders, innovators, and organisations from throughout the blockchain group, BGA seeks to drive innovation, collaboration, and motion in the direction of a extra sustainable and equitable world.
For extra info
Electronic mail: hey@chainforgood.org
Web site: www.chainforgood.org
Twitter: www.x.com/chainforgood
About UNDP
UNDP is the main United Nations group preventing to finish the injustice of poverty, inequality and local weather change. Working with our broad community of consultants and companions in 170 nations, we assist nations to construct built-in, lasting options for folks and the planet.
Study extra at www.undp.org
Blockchain for Good Alliance Launches Global Accelerator and Fund with UNDP
