Change Code: Piloting a SolarBond for Sustainable Economic Growth in Tanzania
Pioneering a sustainable funding model, our project pilots a web3-native Social Impact Bond in Tanzania, utilizing Change Credits for impact investment to support local solar-powered businesses and community development.User Review
R1
Reviewed on 3 Aug 2024 10:17 PM
Projects must be at least 3 months old. We use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The Grant must be primarily focused on climate solutions (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions. Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems’ CO2 Sequestration.
Grantees who received funding in a previous round(s) are required to provide a new update on their progress and impact via KarmaGAP. Each project must have a minimum of 2 milestones updated since the completion of GG20 AND include a summary of the project’s climate impact over the past year. Projects can also include the challenges they have faced. This will ensure accountability to supporters and provide context for your work and accomplishments
Even if the project was accepted into previous rounds, grantees will be eliminated from participation in the GG21QF Round for the following reasons:
-If they are found to be encouraging or enabling Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community
-If they submit more than one project into the round
-If they are primarily a token launch or NFT project to raise money for a liquidity pool
-If the project does not clearly demonstrate a primary focus on being a climate solution with clear and proven climate impacts
All returning grantees are required to include the following:
-An update to their proposal including any lessons learned from previous work
-A description of how they plan to use the additional funding from the upcoming round and how additional funding will help the project meet its goals
-A rough timeline for the project overall
-A short bio for each team member and their qualifications
There is a general expectation that projects are within the “realm of viability”. Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team’s expertise, qualifications and skills will help us review your grant. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
Projects must comply with Gitcoin core rules and eligibility.
AI Review
A1
Reviewed on 2 Aug 2024 11:01 PM
Projects must be at least 3 months old. We use Twitter, web domain registration date, and other public info to determine this. Newer projects should establish themselves and submit to the next round.
The project is 7 months old, as indicated in the application.
The Grant must be primarily focused on climate solutions (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions. Examples include: Renewable Energy, Oracles & DMRV, Supply Chain Analysis, Carbon Accounting, climate activists / collectives, Natural Systems’ CO2 Sequestration.
The project focuses on a Social Impact Bond for solar energy development, which classifies it under Renewable Energy and aligns with climate solutions goals.
Grantees who received funding in a previous round(s) are required to provide a new update on their progress and impact via KarmaGAP. Each project must have a minimum of 2 milestones updated since the completion of GG20 AND include a summary of the project’s climate impact over the past year. Projects can also include the challenges they have faced. This will ensure accountability to supporters and provide context for your work and accomplishments.
The project provided a KarmaGAP link and listed multiple milestones and impacts achieved, thus fulfilling the requirements.
Even if the project was accepted into previous rounds, grantees will be eliminated from participation in the GG21QF Round for the following reasons:
-If they are found to be encouraging or enabling Sybil attacks or other forms of malicious manipulation of the grants platform or the Gitcoin community
-If they submit more than one project into the round
-If they are primarily a token launch or NFT project to raise money for a liquidity pool
-If the project does not clearly demonstrate a primary focus on being a climate solution with clear and proven climate impacts
There is no evidence of Sybil attacks or manipulation. The project is not a token launch or NFT project for liquidity pools and is focused on climate solutions through renewable energy.
All returning grantees are required to include the following:
-An update to their proposal including any lessons learned from previous work
-A description of how they plan to use the additional funding from the upcoming round and how additional funding will help the project meet its goals
-A rough timeline for the project overall
-A short bio for each team member and their qualifications
The application includes an update to their proposal, a funding usage plan, a project timeline, and team bios with qualifications.
There is a general expectation that projects are within the “realm of viability”. Even if a project is very early, it must still seem credible to the average person with an understanding of web3 technology and climate solutions. Including information about the team’s expertise, qualifications and skills will help us review your grant. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The project appears viable with a credible team that has relevant expertise in web3 technology and climate solutions.
Projects must comply with Gitcoin core rules and eligibility.
The project confirms adherence to Gitcoin core rules and eligibility criteria.