Following the previous Forum Post: ThreeFold on track to be Planet-Positive.
We’ve passed the threshold in the climate crisis where being sustainable simply is not enough anymore. Moving forward, we must actively reverse the environmental harms of the past and stop biodiversity loss – something we can achieve through implementing a carbon credit system and supporting planet-positive initiatives that regenerate our planet.
In part one of our Planet-Positive Farming Series, we introduced our Voluntary Carbon Credits system and explained our approach to achieving a “double carbon win” for the ThreeFold Grid. This post will look into the concept of planet-positive initiatives and ways to offset carbon emissions.
Check out this spreadsheet to find out more about the power consumption of different node types and what it takes to achieve a carbon double win per month.
What are planet-positive initiatives?
Planet-positive initiatives are initiatives carrying out activities that positively impact our planet in different ways. They typically aim at protecting and regenerating the environment, reducing carbon emissions and preserving biodiversity.
Together with our trusted partners like Take Action Global (TAG), we support solutions and initiatives around the world that reduce or remove carbon emissions, improve the lives of local communities and enhance biodiversity. These initiatives generate voluntary carbon credits that allow us to offset the Grid’s carbon emissions three times.
In order to achieve this goal, we’ll be supporting different kinds of initiatives that fall into the following four categories:
1. Land-use activities and nature-based solutions
Using the power of nature to reduce greenhouse gas emissions is fundamental to effective climate action, especially when considering the biodiversity of the environment. According to research from the United Nations (UN), nature-based solutions can provide 1/3 of the climate mitigation needed between now and 2030 to stabilize warming. Therefore, the focus of our efforts with partners like TAG will be on supporting initiatives aimed at reforestation, improved forest management, and more.
2. Community-based energy efficiency
Using less energy to perform the same tasks seems like a no-brainer but for households lacking access to basic human rights such as safe water, healthcare, or education, these savings can be truly transformational. As a matter of fact, about 2.6 billion people – more than 1/3 of the world’s population – do not have access to clean and energy-efficient cooking technologies or any essential (basic need) daily technologies. By supporting initiatives that provide improved cooking and efficient lighting solutions, we will not only help to reduce emissions and to clean the air but improve health and living conditions as well.
3. Renewable energy
The future of energy is renewable. Some of the initiatives will also aim at accelerating the transition to clean, affordable, and renewable energy by modernizing the energy supply in communities from emerging countries. This will be done through community-focused, decentralized initiatives on renewable energy that bring clean energy to the 1 billion people who still lack access to electricity.
4. Waste Management
In nature, rubbish does not exist. The waste from one organism is an energy source for another. We aim to help make this become true in communities around the world. Instead of creating environmental hazards, solid waste can be a source of energy to fuel sustainable economic growth. Therefore, we will also support initiatives focused on innovative processes like composting and anaerobic digestion that serve as sources of energy.
We’ll also support initiatives specialized in the recycling, recovery, and reuse of materials like plastics, metal, and paper which not only reduces waste to landfills but also lowers global emissions.
Our journey towards planet-positive farming
By supporting these kinds of initiatives through our partnership with TAG, we’re well set to reach our “double carbon win” objective by the end of Q2 2022. All the initiatives will go beyond pure climate change mitigation and are aimed at creating additional value in areas like biodiversity, energy efficiency, and impact on local communities.
As a farmer, all you have to do is to keep connecting capacity to the ThreeFold Grid and you’re effortlessly contributing to the regeneration of our planet, as this model will allow all farms to become planet positive by default. Incredible, right?!
We’re very excited to become the first carbon-negative Internet infrastructure in the world! You can find all information on planet-positive farming and our VCC system in the previous post. Give it a read if you haven’t already.
We’ll share more about our partnership with TAG and the pilot program that’s already been launched, so keep an eye out!