Impact Verification Infrastructure Bundle
Five innovative projects creating a toolkit for improved sustainability impact verification and fundraising through digital certificates, decentralized technology, and holistic measures beyond carbon sequestration.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:26 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
The project description mentions activities and progress since the Beta round, indicating that the project has been ongoing and active, therefore likely more than 3 months old.
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.
The project's bundle includes efforts to improve measurement, reporting, and verification (MRV) of climate impact, digital twins of real-world assets, and issuing of impact certificates. These activities are related to climate solutions and the proposal describes how they are intended to contribute to more effective climate action and web3 infrastructure.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha & Beta rounds. We understand that some projects may have less progress given the timing of Alpha & Beta round disbursements. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
The project provided detailed updates from their participation in the Gitcoin Beta round for each participating initiative, demonstrating the progress made since the previous funding round.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
While the project has provided updates since the Beta round, it is not clear if they have outlined lessons learned or a detailed plan for how additional funding will be used to meet project goals, including a rough timeline for the project overall.
There is a general expectation that projects are within the “realm of viability”. Even if a project may be at a very early stage, it still must seem credible to the average person with an understanding of web3 technology and climate solutions. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
The project description suggests a collection of initiatives with clear climate and sustainability objectives using web3 tools and infrastructure. Nothing in the description indicates that the project is beyond the realm of viability, and the projects appear to be led with genuine intent.