From all the bundle member projects and teams, thank you for many rounds of support. The bundle has decided to not bundle together in Gitcoin Grants 19. Some bundle member projects wanted to sit out this round, while others chose to attempt an individual applications and grants. The bundle member projects are keeping in communication. Bundle member projects that decided to go it alone this round will be cross-promoted. Further collaboration as a bundle again may occur in the future.
0x9C12F7b42CC232A7c0F0A94f99BdAB4aF58c54c5
Impact Verification Infrastructure Bundle
5 innovative projects proving impact and unlocking critical funding in the climate and sustainability space.
🌍 Introducing the Impact Verification Infrastructure Bundle - the ultimate toolkit for proving impact and unlocking funding in the sustainability and climate solutions space. This bundle brings together 5 cutting-edge projects 🔥 that are changing the game for measuring, reporting, and verifying (MRV) impact. With our bundle, you'll be able to confidently prove that your projects are delivering real, tangible results.💡
We recently heard a story about a businessman who decided to sell one of his father’s petrol pumps to buy forest land. He claimed that carbon sequestration was a “lazyboy” way to make money with little effort. He bought 100 hectares of deciduous forest land in Northern Russia and planted fast-growing birch trees, which are not indigenous to the area. To make way for the new trees, he cut down rich biodiversity, leading to the destruction of the local ecosystem. The situation was worsened by the use of fertilizers and short-term solutions, which caused soil erosion, over-extraction of the water table, and displacement of local species. This is not what regeneration should look like.
This anecdote is not an isolated incident, but a growing concern due to the inadequacy of impact accounting. The worst part is how well meaning activists, investors and regulators cant help but incentivize actions like the one outlined above. As the Impact Verification Bundle, we believe that better, more holistic impact verification metrics are key to addressing these problems. All our regenerative efforts are underpinned by the quality of our measurement and verification tools that enable us to track the real impact we've made.