Justin Sun, the founder of TRON (TRX), has pledged to donate $1 million to climate activist Greta Thunberg, supporting her cause to raise global awareness and impact the climate change initiative.
On social Media, Sun tweeted out that as a young entrepreneur he shared Greta Thunberg’s passion to change the world, and as such would commit $1 million to her initiative.
As a young entrepreneur, I share @GretaThunberg’s passion to change the world. Crypto will contribute immensely on reducing carbon footprint by implementing decentralized settlement. I would like to personally commit USD$1 Mil to @GretaThunberg ’s initiative. #cop25— Justin Sun (@justinsuntron) December 18, 2019
Sun’s tweet came as a response to the results of the COP 25 conference in Madrid, where leaders from the United Nations discussed a potential long-term response to rising global temperatures, and ended up postponing a decision until the next major conference next year.
A report form the Financial Times notes that the meeting descended into “open bickering” by its end, with lackluster contributions coming from countries like the United States and China being blamed for it.
The Secretary-General of the United Nations, Antonio Guterres, tweeted out he was disappointed with the meeting’s results:
I am disappointed with the results of #COP25.— António Guterres (@antonioguterres) December 15, 2019
The international community lost an important opportunity to show increased ambition on mitigation, adaptation & finance to tackle the climate crisis.
But we must not give up, and I will not give up.
Sun tweet was met with criticism by the cryptocurrency community, with many claiming Greta Thunberg was a “poster child” for the climate cause, and that Sun’s business in the crypto space was more important than Greta’s cause.
Most claimed it was a waste of money that could have been donated to other projects, such as those dedicated to planting trees, cleaning up the oceans, and more. Others accused Sun of trying to take advantage of Greta Thunberg’s popularity to further TRX.
It’s worth noting that a recent report published by CoinShares found that 74% of cryptocurrency mining was being conducted using renewable energy, even though about two-thirds of the network’s hashrate come from China.
As CryptoGlobe reported, Coinbase and DustAid recently partnered to facilitate charitable cryptocurrency donations.