News

Web3 tech can be used to fight climate change. Here is how | World Economic Forum
24.09.2022

How Web3 could help tackle climate change using regenerative finance – or ‘ReFi’

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  • The global fight against climate change is above all a coordination problem, with investment and policies not being allocated in the most efficient way possible.

  • Decentralized Web3 technologies could improve coordination around tackling climate change because they use local knowledge and actors to guide policies and put funding where it’s needed.

  • The World Economic Forum has launched the Crypto Sustainability Coalition, dedicated to spotlighting real-life use cases for Web3 technologies.

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Climate change is a global coordination problem. The system has failed to coordinate effective policies and capital investment into the commitments necessary to address the most pressing threat to humanity.

To avoid greater loss of life, biodiversity and infrastructure, accelerated action and ambitious climate policies are required to adapt to climate change and rapidly reduce emissions.

So far, progress on adaptation is uneven and the chasm between action taken and what is needed to manage the risks is growing. There are several reasons for this: concerns about the compatibility of decarbonization with economic development, the fairness of global burden sharing on climate mitigation and the risks of competitive disadvantage in both domestic and international markets — to name but a few.

Global coordination technologies that can transcend the mass bureaucratization of climate action are urgently needed. This is where Web3 innovation could help.

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Regenerative Finance

Web3, a new iteration of the internet that harnesses blockchain to “decentralize” management, has positioned itself at the heart of the regenerative finance movement, or “ReFi” — a new economic paradigm that operates at the intersection of climate action and Web3 communities.

ReFi is anchored in decentralized finance, or DeFi, and the theory of regenerative economics. DeFi refers to an alternative financial system focused on the democratization of financial goods and services. Regenerative economics focuses on the creation of systems that restore and preserve the physical resources essential for planetary well-being.

Today, ReFi is a call to action, galvanized by the need to address both the failure of traditional markets to account for the negative externalities of carbon emissions, and the inefficient allocation of resources. This is also a call to action for policymakers to provide legislative direction and support for Web3 innovation in applications as an impetus to positive environmental and social outcomes for all, not just the privileged few. Progress on this latter front is making some headway.

Recently, The White House Office of Science and Technology Policy (OSTP) released its long-anticipated report on Climate and Energy Implications of Crypto-Assets in the United States which provided a balanced and nuanced purview into the Administration’s climate priorities, as it relates to the potential of digital assets. President Biden’s Executive Order explicitly stated the nation’s interest in responsible financial innovation, and since then has reiterated the criticality of a discussion of the potential uses of blockchain that could support technologies for monitoring or mitigating climate impacts.

The emergence of Web3 technology, values and ideas inherent to the ReFi movement can mobilize capital to fund the climate crisis solutions currently being researched by the OSTP, and within the time and at the scale required for the United States to fulfill the Paris Climate Accord’s global commitments. As greater interest and research, as well as robust policy, is invested into the ReFi space, the more effective the incentive for individuals and businesses to take care of the planet.

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Using Web3 tech to reverse ecosystem degeneration

Among the most pressing challenges that Web3 could address are deforestation, land degradation and desertification — life-threatening issues causing food insecurity, biodiversity loss, forced displacement of local communities and the acceleration of climate change.

The planet loses upwards of 80,000 acres of tropical rainforest every day — that is the equivalent of approximately 60,000 football fields a day. This impacts endangered species and climate-vulnerable geographies more severely than others. Africa is particularly vulnerable to land degradation and desertification. Desertification affects around 45% of Africa’s land area, with 55% of this area at a high or very high risk of further degradation.

Similarly, indigenous people are also impacted by the degradation of our land, soil and water. And despite there being about 500 million pastoralists in the world, they are often excluded from the land restoration agenda pulled together by mainly those privileged with the resources to adapt to climate change. Indigenous peoples have no alternative resources. Their resource is the land itself.

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The Crypto Sustainability Coalition

The ReFi movement has provided a space for innovators, creatives and advocates to reconceptualize climate action at a pace uninhibited by the bureaucracy and politicization rampant across legacy sustainability systems. Web3 climate tools and services share values inherent to ReFi and are foundational to the scale of global coordination needed to tackle climate change. These values include building cooperatives, democratic ownership within communities, optimizing community benefit, creative sustainability, radical inclusion, non-extraction and intentional restoration.

The World Economic Forum has formed a new initiative — the Crypto Sustainability Coalition — dedicated to these values and aimed at facilitating a balanced, research-driven narrative shift that spotlights the positive externalities and real-life use cases that abound the ReFi space.

The Crypto Sustainability Coalition is focused on how to leverage blockchain tools to achieve positive climate action. The Forum is collaborating with a multi-stakeholder community of purpose to bridge the gap between traditional and emerging sustainability systems, as well as demonstrate evidence-based thought leadership in a multi-chain Web3 world.

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Web3 tech can be used to fight climate change

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Global warming is a serious threat to the planet, and small and medium-sized enterprises (SMEs) can play a vital role in adapting to the ecological transition.

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Here are a few things that SMEs can do to immediately adapt to the ecological transition:

• Reduce their energy consumption. SMEs can save money and reduce their environmental impact by making energy-efficient choices, such as installing LED lights, upgrading to energy-efficient appliances, and weatherizing their buildings.

• Switch to renewable energy. SMEs can offset their energy consumption by investing in renewable energy sources, such as solar panels or wind turbines.

• Reduce their waste production. SMEs can reduce their waste production by recycling, composting, and reducing single-use plastics.

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• Choose sustainable suppliers. SMEs can make a difference by choosing suppliers who are committed to sustainability.

• Get involved in the community. SMEs can help to build a more sustainable future by getting involved in their community and supporting local sustainability initiatives.

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By taking these steps, SMEs can help to reduce their environmental impact and build a more sustainable future.

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Here are some additional tips for SMEs that are looking to adapt to the ecological transition:

• Get informed. The first step is to get informed about the ecological transition and the specific challenges and opportunities that it presents for your business. There are a number of resources available to help you do this, including government websites, industry associations, and sustainability consultants.

• Set goals. Once you have a good understanding of the ecological transition, you need to set goals for your business. This could involve reducing your energy consumption, switching to renewable energy, or reducing your waste production.

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• Create a plan. Once you have set goals, you need to create a plan for how you are going to achieve them. This plan should include specific actions that you will take, as well as a timeline for implementation.

.• Get support. There are a number of organizations that can provide support to SMEs that are looking to adapt to the ecological transition. These organizations can provide you with information, resources, and financial assistance.

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The ecological transition is a complex and challenging issue, but it is also an opportunity for SMEs to improve their bottom line and make a positive impact on the environment.

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By taking steps to adapt to the ecological transition, SMEs can build a more sustainable future for themselves and their communities.

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2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.

3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.

4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.

5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.

6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.

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9. Collaborative action: Addressing sustainability challenges requires collaboration across different stakeholders, including governments, businesses, civil society organizations, and consumers. Sustainable businesses should seek to engage with these stakeholders and collaborate on sustainability initiatives.

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pgf500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the pgf500 SaaS platform.

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Decentralized Web3 technologies could improve coordination around tackling climate change because they use local knowledge and actors to guide policies and put funding where it’s needed.

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Climate change is a global coordination problem.

The system has failed to coordinate effective policies and capital investment into the commitments necessary to address the most pressing threat to humanity.

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Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

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You will need to have Metamask to pay with PGF7T token.

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We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

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We believe in Web3 and in the strength of communities.

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The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

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QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

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🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

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PGF7T token will be listed on other Exchanges soon.

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Price:  PGF7T

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Enjoy the Journey 🚀

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There are SaaS solutions for pretty much all consumer software as well as a lot of enterprise management software, including most of the traditional software that have moved to the cloud.

.

.

Overview

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Part 1: What is SaaS?

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Part 2: SaaS Business Model Canvas

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Sustainable business models:

1. Definition of sustainability: Sustainability refers to the ability of an organization to operate in a way that minimizes its negative impact on the environment, while also meeting the needs of the present and future generations.

2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.

3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.

4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.

5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.

6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.

7. Reporting and transparency: Sustainable businesses should be transparent about their sustainability practices and report on their environmental and social impacts. This can involve publishing sustainability reports, participating in sustainability certifications and standards, and engaging with stakeholders to gather feedback.

8. Sustainable finance: Sustainable finance involves integrating environmental, social, and governance (ESG) factors into investment decisions. Sustainable finance can be used to drive positive environmental and social outcomes, while also generating financial returns.

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pgf500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the pgf500 SaaS platform.

.

.

.

Decentralized Web3 technologies could improve coordination around tackling climate change because they use local knowledge and actors to guide policies and put funding where it’s needed.

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Climate change is a global coordination problem.

The system has failed to coordinate effective policies and capital investment into the commitments necessary to address the most pressing threat to humanity.

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Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

.

.

.

.

You will need to have Metamask to pay with PGF7T token.

.

We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

.

We believe in Web3 and in the strength of communities.

.

.

.

The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

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QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

.

.

🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

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PGF7T token will be listed on other Exchanges soon.

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Price:  PGF7T

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Enjoy the Journey 🚀

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Build your green strategy

Calculate your CO2 emissions

Plan an action plan to reach Net Zero

Publish your data on the blockchain

With pgf500 you’ll be able to understand the impact of your business on the environment and take steps to reduce it.

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Net zero refers to the state in which an entity’s greenhouse gas (GHG) emissions are balanced out by the amount of GHG that is removed from the atmosphere. This can be achieved by reducing emissions as much as possible and then offsetting the remaining emissions by removing or sequestering an equivalent amount of GHG from the atmosphere through measures such as reforestation or carbon capture technology.

To become sustainable, companies can take various actions, including:

Adopting renewable energy: By switching to renewable energy sources such as solar, wind, or geothermal, companies can significantly reduce their carbon footprint. Improving energy efficiency: Implementing energy-efficient technologies and practices can reduce energy consumption and associated GHG emissions.

Investing in green infrastructure: Companies can invest in sustainable infrastructure such as green buildings, sustainable transportation, and waste reduction programs.

Reducing waste: By reducing waste and promoting a circular economy, companies can minimize their environmental impact.

Engaging in sustainable sourcing: Companies can source raw materials and products from sustainable sources and promote sustainable practices throughout their supply chain.

Setting emission reduction targets: By setting ambitious emission reduction targets and regularly reporting progress, companies can demonstrate their commitment to sustainability and inspire others to take action.

Engaging stakeholders: Companies can engage with customers, employees, and other stakeholders to raise awareness about sustainability and promote sustainable practices.

Overall, becoming sustainable requires a long-term commitment and a willingness to invest in sustainable practices and technologies. However, the benefits of sustainability, including cost savings, reputation enhancement, and reduced environmental impact, make it a worthwhile pursuit for companies of all sizes and industries.

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~~~

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Sustainable Business Model Canvas | Video Tutorial

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Download the Tutorial

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1. Definition of sustainability: Sustainability refers to the ability of an organization to operate in a way that minimizes its negative impact on the environment, while also meeting the needs of the present and future generations.

2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.

3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.

4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.

5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.

6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.

7. Reporting and transparency: Sustainable businesses should be transparent about their sustainability practices and report on their environmental and social impacts. This can involve publishing sustainability reports, participating in sustainability certifications and standards, and engaging with stakeholders to gather feedback.

8. Sustainable finance: Sustainable finance involves integrating environmental, social, and governance (ESG) factors into investment decisions. Sustainable finance can be used to drive positive environmental and social outcomes, while also generating financial returns.

9. Collaborative action: Addressing sustainability challenges requires collaboration across different stakeholders, including governments, businesses, civil society organizations, and consumers. Sustainable businesses should seek to engage with these stakeholders and collaborate on sustainability initiatives.

10. Continuous improvement: Sustainable business models should be designed for continuous improvement, with a focus on reducing environmental impact, improving social outcomes, and creating value for all stakeholders over the long term.

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Software as a Service (SaaS) business model

Software-as-a-Service (SaaS) is based on the linear digital business model and uses the internet as its value delivery channel with the code hosted on the cloud.

There are SaaS solutions for pretty much all consumer software as well as a lot of enterprise management software, including most of the traditional software that have moved to the cloud.

.

.

Overview

.

Part 1: What is SaaS?

.

Part 2: SaaS Business Model Canvas

  1. Key Activities
  2. Value Propositions
  3. Key Partners
  4. Key Assets & Resources
  5. Channels
  6. Customer Relationships
  7. Customer Segments
  8. Revenue
  9. Cost Structure

.

SaaS Business Model

.