Explore the initiatives driven by ALLCOT IO
ALLCOT IO and HBAR Foundation
ALLCOT IO’s partnership with the HBAR Foundation Sustainable Impact Fund aims to promote transparency in climate finance through the initiative “Opening the Books on Climate Markets.” This collaboration covers the entire lifecycle of climate projects, emphasizing transparency and accountability. By redefining carbon credits as climate assets and tying their value to measurable impacts, this initiative ensures the effective distribution of climate funds to projects and local communities. Leveraging web3 technology, including on-chain registries, smart contracts, and digital MRV, the collaboration strives to revolutionize project development, providing a transparent, efficient, and high-integrity project lifecycle.
Gold Standard Digital Measuring, Reporting, and Verification (dMRV)
ALLCOT IO actively participates in the Gold Standard Digital Measuring, Reporting, and Verification (dMRV) working group, focusing on implementing digital solutions to enhance the effectiveness and credibility of carbon projects. This involvement reflects ALLCOT IO’s commitment to pioneering new methodologies and standards for project monitoring, reporting, and verification, crucial for the integrity of carbon markets. Details can be found in the Gold Standard summary report.
Active Offsetting for St. Helena with Extreme E
ALLCOT IO’s implementation of Active Offsetting, exemplified in collaboration with Extreme E for St. Helena, introduces real-time emission measurement. This initiative supports decarbonization strategies across diverse sectors, offering identification of strategies for different sectors where emissions can be measured in real-time, aligning with Net Zero strategies.