de_plan ostrom

$97.84 crowdfunded from 16 people

$3,806.21 received from matching pools

33%
average score over 1 application evaluations
Ostrom is pioneering a methodology to quantify and monetize ecosystem services, enabling communities in the global south to generate revenue through nature-based solutions and address climate change.

About

Ostrom is a new methodology for calculating and improving the economic value of nature. Our goal is to empower communities to control their future and make environmental regeneration financially viable in the global south.

Ecosystem services like clean air, fresh water, and flood mitigation are essential to life. But who pays for them, and how ? At ostrom, we're pioneering a new approach to make fungible nature market solutions.

  • Our Methodology disaggregates Ecosystem services and assigns unique valuation techniques to them.
  • This approach enables communities, project developers, and companies to unlock new revenue streams and invest in nature based solutions. Over-time, we see ostrom being the mechanism that fixes the "leaky" carbon project cycle. A cycle where value is lost at numerous points over time. By coevolving our methodology with tested DMRV; we are developing robust standards for tracking ecosystem value. Stacked with Carbon credits, ostrom will unlock the full potential of nature-based solutions to address climate change. Ecosystem Services

WHAT WE HAVE BUILT SO FAR [2023]

๐Ÿ’ซย Built an awesome team of talented Environmentalists and Developers

๐Ÿ“ย Located an ideal site for our Pilot Project

โœจ Built a partnership with a local community group in our Project Area (KECC)

๐Ÿ“ Started developing our methodology and data collection process

๐Ÿ—บ๏ธ Gathered over 600 unique data points for ecosystem assets in partnership with the community

๐ŸŽฐ Conducted satellite imagery analysis for our Project Area to build a baseline

๐Ÿ”Ž Surveyed over 200 participants to understand the โ€œPerceived valueโ€ of ecosystem assets

๐Ÿƒ Disaggregated all Ecosystem Services on-site into small, measurable units

Community Engagement 1

WHY OSTROM?

๐ŸŒณ Capture and tap into Ecosystem Value, a previously undervalued asset class

๐Ÿ“ Provides a more reliable metric to measure impact than just Carbon

๐Ÿ’ต Delivers value directly to communities working on the ground

๐Ÿ’จ Reduces carbon emissions while providing financial support to those responsible for it

๐Ÿž Scalable methodology that works across geographies and ecological conditions

๐Ÿงฌ Ecosystem Markets are poised to become the new standard in the near future

๐Ÿ‘ซ Creates impact for Low-Income Steward communities in the Global South Leaky Cycle

WHAT WE WANT TO BUILD [NOW]

๐ŸŒ Take our pilot to the next phase by starting regeneration work on the ground.

๐Ÿš… Build our tech stack to facilitate the conversion of DMRV โ‡’ Ecosystem Tokens

๐Ÿช™ Build a DAO for our partner community to receive payments for their regeneration efforts

๐Ÿค Build partnerships with other Project Developers to decentralize regeneration

๐Ÿญ Locate industry buyers for our ecosystem tokens

KECC

THE TEAM

We are a team of Environmentalists, Planners and Engineers, located in different parts of the world. Our team came together organically over the past year and we formally started working on ostrom in 2023.

๐ŸŒฑย Akshay is an Urban and Environmental Planner with a background working with Cities in India.

๐Ÿ”—ย King is a seasoned blockchain developer with experience building DeFi and Infrastructure

๐Ÿชดย Elzaphan is a Financial Analyst and Architect with experience in sustainable finance

๐Ÿ›ย Hanna is an expert in the assessment of biodiversity and ecosystem services

๐Ÿ“กย Stephan is an IoT expert with a background in biomechanics.

๐Ÿ“ ย Bradley is a Data Analytics student with a passion for ReFi and DMRV.

๐Ÿ—พย Nick is a Planning student expanding his repertoire to the Web3 space.


ADDITIONAL INFORMATION

Funding Sources: Grants

Team Size: 7

de_plan ostrom History

  • accepted into Climate Solutions 1 year ago. 16 people contributed $98 to the project, and $3,806 of match funding was provided.

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