06.06.2017
Press Release
Moscow, London, 06/06/2017
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Anton Galenovich, DAO IPCI Team Leader: “DAO IPCI developers’ idea is to provide common space fabric for fair market competition, provide early crediting, offsetting carbon footprint opportunities for the companies and individuals, and break the barriers dividing locations and types of high quality mitigation outcomes. Our concept, principles and GeoCapita plans have evident synergy potential. Initial smart contracts needed to effectively perform the functions and reach the targets GeoCapita is pursuing are already in place in DAO IPCI blockchain, and we shall develop the blockchain ecosystem together”.
Douglas Prentice, CEO, GeoCapita: “The implementation of mechanisms under article 6 of the Paris Agreement will open up the climate finance market, and in so doing create the legal basis for billions of dollars annually to be invested into combating emissions, including most importantly in trading offsets internationally. The DAO IPCI blockchain platform is a highly innovative approach to how this can be done in a practical and robust way, and in becoming one of the first Operators of the IPCI blockchain we look forward to working with our friends in Russia and colleagues internationally to help implement those financing mechanisms of the Paris Accord using this platform.”
Alexey Shadrin, CEO, Russian Carbon Fund: “Synergy effect of DAO IPCI with climate market players is truly disruptive. It provides common digital «language» for every climate market participant and makes all of them benefit from the blockchain and smart contracts features. However, the leadership will be as usually obtained by those who face the future first.
Sergey Lonshakov, Leader of Airalab: "DAO IPCI is an example of the correct and logical use of the public blockchain technology. Global scale project cannot have centralized hierarchy, which is why here the decentralization technology is ideally applicable".
About the Decentralized autonomous organization Integrated Platform for Climate Initiatives (DAO IPCI)
DAO IPCI is a Decentralized Autonomous Organization operating, sustaining and developing the Integral Platform for Climate Initiatives, smart contracts and blockchain technology-based independent ecosystem designed for carbon market instruments, including carbon compliance and pre-compliance units’, carbon-offset credits, other environmental mitigations credits, environmental assets, rights and liabilities registration, accounting and transaction data.
DAO IPCI is authentically private nonprofit project independent of government, corporate, business or green NGO particular interests.
On May 24, 2016, the Russian Carbon Fund has officially unveiled the Integrated Program for Climate Initiatives (IPCI).
“The Integrated Program for Climate Initiatives is designed to develop a distributed network of mitigation contributors based on common principles, rules and criteria, as well as provide an accounting platform which can achieve absolute emission reduction targets in compliance with quantitative emission limitation commitments. The goal of the Integrated Program for Climate Initiatives is to integrate corporate and regional mitigation initiatives.” (Sustain Europe)
The IPCI derives from ongoing subnational and corporate climate initiatives and aims at providing for common investment instruments, which are based on climate change mitigation outcomes including high quality carbon offset credits.
The IPCI has served as the climate program for genesis of DAO IPCI blockchain.
In view of isolation of carbon markets, software and tyrasaction costs issues with traditional registries, DAO IPCI may be a reasonable alternative to provide falsification-proof, low or close to zero transaction cost option.
DAO IPCI
Decentralized Autonomous Organization operating, sustaining and developing the Integral Platform for Climate Initiatives, smart contracts and blockchain technology-based independent ecosystem designed for carbon market instruments, including carbon compliance units’, carbon-offset credits, other environmental mitigations credits, environmental assets, rights and liabilities registration, accounting and transaction data.
Contact: operator@ipci.io
GeoCapita
GeoCapita is a group of companies involved in developing, and co-developing with partners internationally, resource and environmental efficiency projects. This includes renewable energy of various types (solar, wind, biomass, energy from waste, marine), energy efficiency (grid enhancement, batter storage, energy efficient housing (retrofit and newbuild) and commercial buildings), electric vehicle recharging and sustainable water, agriculture and forestry. The company is also very actively pursuing the development of an initiative to develop international climate finance projects using offset carbon trading.
Contact: admin@geocapita.net
Russian Carbon Fund
Fund’s mission - unite society, science, business and state for sustainable development and environmental conservation. Together with leading science experts, we develop and implement turnkey solutions that reduce non-financial risks and accelerate growth.
Our work involves interaction with major stakeholders – leading business structures, Federal and local governments, financial institutions, knowledge centers and NGOs. Our team expert team uses scientific knowledge and international standards to help business and state actors reduce environmental and social risks and implement win-win strategies for the benefit of the planet.
Since 2011, our efforts have helped leading business and regions successfully establish and implement sustainability strategies related to risk assessment, transparency, public engagement, efficient resource management, clean tech, internal and external sustainability communications.
Airalab
Research and development team working on creating decentralized autonomous organizations since 2014. Tech stack: Ethereum / IPFS / Robot Operating System / Haskell / Web
Contact: sergeylonshakov@gmail.com