According to CoinDesk, Ethereum infrastructure development company ConsenSys is launching the Ethereum Climate Platform (ECP) at the United Nations Climate Change Global Innovation Center at COP27. Excessive energy consumption issues prior to the merger.

COP27 is the abbreviation of the 27th Conference of the Parties to the UNFCCC. UNFCCC is the abbreviation of "United Nations Framework Convention on Climate Change". The COP27 (United Nations Climate Change Conference 2022) meeting was held in Sharm El Sheikh, Egypt, from November 6 to 18.