“Climate policy should have sound economic basis to ensure that we pay fair costs for GHG emissions and get fair remuneration for mitigation outcomes. Our blockchain solution provides digital ecosystem to make it happen” Anton Galenovich PhD, DAO IPCI founder
DAO IPCI has updated the list of its current projects in development that run on different continents and contribute to reaching such Sustainable Development Goals as Climate Action, Affordable and Clean Energy, Decent Work and Economic Growth, Industry, Innovation and Infrastructure. You can download the document here.
1. World’s first transaction of green assets in blockchain
DAO IPCI platform officially started operating in March 2017. The Moscow-based Russian Carbon Fund and leading French climate finance group Aera Group pioneered the first worldwide carbon credit transaction using blockchain technology. The Verified Carbon Units equal to 400 tons of carbon dioxide were used to offset carbon emissions by airline passengers both in Russia and internationally. IT support were provided by Microsoft Russia and Airalab . Our efforts were soon acknowledged by Accenture Strategy who awarded DAO IPCI with international Cleantech Award at Collision - US fastest growing tech conference. Interested by the potential of blockchain, both UNFCCC and the World Bank team invited DAO IPCI to share experience at the Innovate4Climate Forum and then at the worlds largest climate conference COP23 . At COP 23 we had presented our approach to Paris Agreement art. 6 (Blockchainization) and were invited to take part in numerous events and negotiations that soon led to origination of disruptive use cases across the globe. In September 2017 Russian company Khimprom issued first Russian post-Kyoto carbon credits equivalent to 201,085 tons of CO2 the first market transaction with these credits took place in April 2018. The same month, another company, Swiss Krono, issued 1.5 mln tradable carbon credits in DAO IPCI blockchain.
Mauritius Project: La Ferme Bambous 15 MW solar farm
Owner: Sarako PVP Co. Ltd
CO2 saved: 22,000 tonnes per year Standards VCS + CDM
2. Rural community solar power in Chile
Together with our Chilean partner New Era Foundation we are launching first ever distributed climate program for remote villages. Thanks to the smart sensors that are connected to DAO IPCI blockchain, the locals will be rewarded for using solar energy. The data from IoT smart devices on generation/consumption of renewable energy is aggregated at the external server of the program Operator - EnergyLabs. The emissions reductions-based carbon credits (tokens) are going to be distributed among the households thus opening a new climate finance stream that was previously impossible.
3. National MRV and ETS blockchainization
Another important project is the blockchainization of the national system for monitoring, reporting and verification of GHG emissions in Kazakhstan. To implement the national Roadmap of transition to the green economy for 2013-2020 Kazakhstan needs to draw investments in clean technology and infrastructure, and this can be done thanks to national carbon market. DAO IPCI is going to provide a digital environment for this transition.
4. Drone emissions monitoring system
The project is developed in technical cooperation with Airalab group to measure the methane emissions over rubbish dumps with the help of drones equipped with smart sensors (successfully tested in April ). This project is a part of a larger concept of “private monitoring” which enables individuals to create the smart sensor networks of their own, to join a blockchain network and to sell the received data with the help of the IoT protocol to everyone who is interested.
“Robots can measure, manage and compensate environmental impact better than a human does” Sergei Lonshakov DAO IPCI Chief Technology Officer
5. Smart sensors network on blockchain
Together with Airalab DAO IPCI delivers a protocol for a smart sensors network that can measure energy consumption and wide range of air pollutants. If there are several independent owners of pollution sensors in the city, the community gets an alternative source of information, which is much more difficult to corrupt and discredit than centralized.
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