ZERO Carbon Commitment

a few seconds ago   •   2 min read

By Benjamin Simatos

March 2022 Update

The ZERO Carbon Commitment is an Interchain Foundation Earth Program initiative for Cosmos chains to achieve net-zero carbon emissions for their network validator node infrastructure, and then at all levels of their operations.

The Earth Program is implementing Research and Development, strategic partnerships, advocacy and education for blockchain and related technologies to support socio-economic sustainability, ecological regeneration, and climate action.

You can find the initial presentation here.

Call to Action

Are you interested in offsetting your project's carbon footprint? Sign up here for updates and more information.

Governance Proposal

Some major update has happened since the previous post.

Regen Network has issued a Natural Carbon Ton - NCT - which is a fungible token backed by real world carbon credit assets issued from natural carbon capture projects (forests, etc). This NCT is going live trading on Osmosis DEX in the coming days. You can find the full set up discussion here.

With this new ability to trade carbon credits on-chain, the Earth Program team is sharing an easily replicable governance proposal to help protocols offset their carbon footprint. You can see the first proposal submission by IXO's Impact Hub here.

This proposal is providing a methodology for a protocol to estimate their footprint, thanks to the tools developped by Regen Network. You can read more about their Carbon Footprint Calculator here and about other methodologies here.

Based on this results, a proposal can be submitted to the protocol's vote. A majority vote will allocate Community Pool's funds for buying and retiring an amount of NCTs greater than the protocol's carbon footprint, making the protocol's carbon emission below ZERO.

We invite all protocols having access to Osmosis DEX (for buying the NCT) and Regen Network (for retiring the NCT) to start looking into their carbon footprint total emission and use the template proposal for an easily replicable activation.

You can submit your interest through the button above "Commit to ZERO" or contact us at earthstate@ixo.world if you have any question and we will be happy to assist you through this process!

Let us make Cosmos ecosystem the first (sub) ZERO Carbon Emission ecosystem!

Survey Results

We have received more responses to the Survey. Thank for for all the respondents.

You can see the results here.

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