Blockchain for Scaling Climate Action ๐Ÿ“ˆโ„๏ธ | Roundup #62

The World Economic Forum's Crypto Sustainability Coalition WhitePaper + the latest news, updates, jobs and events in ReFi and beyond!

Blockchain for Scaling Climate Action ๐Ÿ“ˆโ„๏ธ | Roundup #62

Hey there Regens! ๐ŸŒฑ Maya here, an academic researcher and digital ethnographer of web3 and climate. I'm excited to be back this week to share some exciting news from my working group at WEF Crypto Sustainability Coalition โ€“ we have recently published a comprehensive whitepaper on blockchain for scaling climate action ๐ŸŽ‰ So in this week's roundup we will cover a snapshot summary of the publication, and as always, the top news and developments from across the world of Regenerative Finance (ReFi). Let's get into it! ๐Ÿค“

Blockchain for Scaling Climate Action ๐Ÿฆ‹

When most people think of cryptocurrency, they may immediately conjure up images of volatile prices, scams, and questionable use cases. And while it's true that this has played a prominent role in crypto's history, there is more to the story than meets the eye. Beneath the surface is a technology that has the potential to be a game-changer in the fight against climate change and other pressing global issues.

The key to unlocking this potential is understanding how blockchain and other decentralized technologies can be harnessed in the right way and building the right partnerships to make it happen. But how can we speed this process up?

The WEF Crypto Sustainability Coalition

Made up of over 30+ key partners, The World Economic Forum (WEF) announced the launch of the Crypto Sustainability Coalition in September 2022. The aim has been to investigate how Web3, crypto, and blockchain technologies can be utilised to achieve positive climate action, support research & development, share best practices, and influence positive regulation on climate-related matters.

Check out the working group dashboard on ๐Ÿ‘‡

WEF Crypto Sustainability Coalition | ReFi Working Group
A cross-sector coalition to investigate how Web3 and blockchain tools can be utilised to achieve positive climate action.

Now, after 7 months of research, the working group has just published a comprehensive whitepaper on blockchain for scaling climate action. Let's dive in to key findings ๐Ÿ‘‡

More funding, less warming ๐Ÿ’ฐ

We have interviewed 23 leaders and experts in the ReFi sector and collected over 60 survey responses ๐Ÿ“ƒ. ย This paper investigates how blockchain is incentivizing a planet-positive economy focused on financing regeneration and climate action at scale. It is particularly urgent as trillions more dollars of climate finance investment are needed to maintain the 1.5ยฐC pathway set by IPCC.

The trillions of dollars needed vs actual flows | Climate Policy Initiative

Why Blockchain X ReFi? ๐Ÿง

Blockchain can provide the necessary infrastructure to combat climate change at speed and scale. Specifically, the whitepaper identified:

  • ๐Ÿ’ช Blockchain can strengthen trust and ambition in climate negotiations.
  • ๐Ÿ“ˆ Blockchains and digital Measurement, Reporting, & Verification (MRV) technologies can improve market transparency and credibility.
  • ๐Ÿ’ธ Digital carbon markets can funnel more money to project developers.
  • ๐ŸŒฑ Digitization democratizes access to climate action.
ReFi intersects with climate technology, sustainable development, climate finance, economics, regenerative practices, impact investment and climate justice โ€“ to name a few ๐ŸŒฟ

The current market development is headed in the right direction, utilizing cutting-edge blockchain technology for climate-focused innovations.

  • ๐ŸŒ Web3 incentives strengthen existing climate initiatives (e.g. Climate Action Data Trust)
  • ๐Ÿข Companies have a growing focus on climate impact and more ambitious net-zero commitments (e.g. Ethereum Climate Platform)
  • ๐Ÿ“ก Emerging digital MRVs unify the market (e.g. renewable energy certificates by Allinfra)
  • ๐Ÿ‘ฉ๐Ÿฝโ€๐Ÿ’ป Data ownership and interoperability are key features of the industry (e.g. Hyphen)
  • ๐Ÿค ReFi prioritizes the role of community and collaborative culture (e.g. Moss, EthicHub)

The challenges ๐Ÿซฃ

But it's not easy, there are several challenges that we need to tackle to fully maximize blockchain for scaling climate action.

  • ๐Ÿš€ Implementation at scale requires unprecedented speed and coordination
  • ๐Ÿ“ฐ The blockchain industry is facing serious reputational challenges
  • ๐Ÿ‘ฉโ€๐Ÿซ Complexity and education gaps in the space persist
  • ๐Ÿ”Ž Real-world impact goes before digital engagement
  • ๐Ÿ‘ฉโ€โš–๏ธ ReFi suffers from regulatory uncertainty

Recommendations and what's next ๐Ÿ”ฎ

All in all, the speed and scale of adoption will depend on constructive regulation. To get there, the blockchain industry should learn from the evolution of the climate industry, build multi-stakeholder partnerships and focus on scaling responsibly. Developing these partnerships, alongside educational campaigns & effective storytelling, will deepen institutional ties and accelerate progress.

Source: WEF

In summary, ReFi founders, investors, and buidlers need to stay laser-focused on solving real-world problems and providing evidence-based, measurable impact to ensure industry momentum and credibility. Let's level up! ๐Ÿ’ช

ReFi NewsBites ๐Ÿ—ž๏ธ

The latest updates across ReFi Twitter and beyond...

ReFi DAO is live on Gitcoin ๐ŸŽ‰

Weโ€™re on a mission to realize a global regenerative economy rooted in startup cities all around the globe. With this long-term goal, ReFi DAO is supporting the emergence of a network of regenerative villages in strategic startup cities in 2023 with the belief that regeneration begins within ๐Ÿง˜โ€โ™€๏ธ

Thanks for being part of our journey and supporting us along the way ๐Ÿ™๐Ÿผ

Gitcoin coordiNATION game ๐Ÿ•น๏ธ

Together with Green Pill, Regens Unite,, and others, ReFi DAO is hosting a four-day coordiNATION game rooted in a multitude of cities across the globe. The aim is to onboard new donors, funders, and projects into the Gitcoin ecosystem - for the Beta grants round and beyond ๐Ÿ’ซ ย Come get involved!

ReFi Hippies NFT collection has dropped ๐ŸŽ‰

LOA Labs launched the ReFi Hippies NFT collection as part of Regen Network's Earth Day drop with the Stargaze NFT platform ๐ŸŒ

ReFi at Consensus ๐Ÿ™๏ธ

CoinDesk brought together a hand-selected mix of DeFi, ReFi, and Institutional participants to sit around tables and discuss how blockchain can accelerate climate action. Regens had a strong presence Consensus 2023 with talks by Dave Fortson, Filecoin Green, Regen Network and Ethereum Climate Platform ๐ŸŒฟ

ReFi & Regulation ๐Ÿ‘ฉโ€โš–๏ธ

The Blockchain Law for Social Good Center has launched the Earth month celebration by featuring insights on policy and regulation by key thinkers in the ReFi space ๐Ÿ’š

Also on our radar this week

Submit content ideas or feedback ๐Ÿ‘‡๐Ÿฝ

Want to see a story featured in next weeks Roundup? Or have any feedback? We would love to hear from you!

๐Ÿ”ฅ Projects of the Week

A showcase of top voted projects from the ReFi DAO website!

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Top 5 most voted projects of the week:

  1. ๐Ÿ“ˆ Particula: The First Data Platform For Digital Environmental Assets.
  2. ๐Ÿ›ข CARBONPATH: Permanently shutting down old oil and gas wells to keep millions of tonnes of carbon dioxide and methane in the ground.
  3. ๐Ÿงฅ Crowdmuse: Digi-physical modular fashion collectibles for communities.
  4. ๐ŸŒฑ PlantGang: A decentralized community of researchers, educators, and explorers documenting nature onchain.
  5. ๐Ÿž Change block: Making the creation and trading of environmental credits efficient, effective, and scalable.

Votes have now been reset so head over to, make an account, and show some support to your favourite projects in the ecosystem this week! ๐Ÿ’š

Add your ReFi Project! ๐Ÿ‘‡๐Ÿฝ

Have a project you want to add to our database? Click the button below to submit an application!

ReFi Podcasts ๐ŸŽ™๏ธ

Top audio and video content from creators across the web ๐Ÿ˜Š

Next Generation Quadratic Funding with Joel Miller ๐Ÿ’ฐ

Tune in to episode #109 of the Green Pill podcast with Kevin Owocki to learn about Joel Miller's (PhD candidate at the University of Illinois Chicago) research on pluralistic quadratic funding, collusion resistance, and incentivization across social differences ๐Ÿ’ป.

What goes into making carbon with Nori...๐ŸŽฅ

Learn how carbon removal memes get made and how Gordon Ramsay can help you create a waste biomass lifecycle analysis in a rare ~video~ episode of Reversing Climate Change with Nori ๐ŸŒŠ

ReFi Events ๐Ÿชฉ

Get your ReFi on with friends in-person and online...

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Explore ReFi Events at ๐Ÿ‘‡๐Ÿฝ

Here are some highlighted upcoming events that caught our eye this week. Make sure to grab some tickets and support the ReFi regenerative renaissance wherever you are from! ๐Ÿ‘‡

Web3 Grants for Regen Projects: Gitcoin activation station

(May 4th, online): โ€‹Together with Curve Labs, Regens Unite is hosting an evening to talk about an exciting way to fundraise for your impact project through the magic of Gitcoin's quadratic funding mechanism ๐Ÿช„

Future Horizon 23.2

(June 8-11, Portugal ๐Ÿ‡ต๐Ÿ‡น) Experience four magical days filled with connection, community, and impact. 30+ dialogue-focused talks and panels, workshops, and co-labs. Thematic pods and focus areas. Musical acts and live performances. An immersive art program ๐ŸŽจ

Annual Global Sociocracy Conference

(May 4-5, online) Join to learn the successes, challenges, and visions for a galaxy built on principles of equity, justice, and empowerment โœŠ

Add your ReFi event! ๐Ÿ‘‡๐Ÿฝ

Got a ReFi, crypto, or climate event coming up and what to have it featured in the website & newsletter? Add yours to the database!

ReFi Jobs ๐Ÿ‘ฉ๐Ÿฝโ€๐Ÿš€

Find your next gig at a leading ReFi venture...

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New gigs listed on ReFiJobs! ๐Ÿ‘‡๐Ÿ‘‡

Thank you! ๐Ÿคฉ

For being a part of the ever evolving movement to create a radically better future...

Thank you for reading! To conclude I wanted to highlight the quote by Lucรญa Gallardo on the true purpose of ReFi:

"ReFi is about stripping away the consumptive or extractive nature of a lot of our capitalist financial instruments, systems, services and reimagining them to be regenerative."

Have a fantastic week friends & we'll see you again next week ๐Ÿซก

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