KOKO DAO saving forests in Colombia
Supporting Colombian communities to develop sustainable economies and protect forests through technology and preservation methodologies.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:25 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
Based on provided description and timeline, the project has been active since at least the time of GR18 which implies it is at least 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 is focused on reducing deforestation in Colombia, which directly contributes to GHG reduction. The use of web3 technology is implied through the creation of proof-of-impact certificates backed by Gain Forest technology.
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 has reported on progress since GR15 or the Alpha & Beta rounds, including milestones such as completing the first stage of their methodology and collecting drone imagery for a forest reserve.
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.
The project has updated their proposal with recent accomplishments and outlined the next steps and long-term vision, including use of additional funding and a rough timeline for early 2024 actions.
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 appears to be credible and has laid out a clear plan for using web3 technology to preserve forests. The approach does not sound broadly impossible and demonstrates an honest attempt at creating climate solutions.