Klima DAO, internalizing durable carbon

  • Science-Based Targets Initiative: The SBTi defines and promotes best practice in science-based target setting for carbon emissions. Offering a range of resources and guidance, the SBTi independently assesses and approves companies’ targets in line with its strict criteria. The SBTi is also providing guidance on how organizations can achieve Net Zero
  • Net Zero: Net Zero is a state wherein any remaining emissions from an organization are negated via carbon removals. According to the latest report by the Intergovernmental Panel on Climate Change (IPCC), to limit global warming to 1.5°C above pre-industrial levels and avoid the most catastrophic impacts of climate change, the world must halve CO2 emissions by around 2030 and reach net-zero CO2 emissions by mid-century.
  • Carbon Durability: This relates to the time that a specified ton of carbon dioxide will remain removed and sequestered from the atmosphere.

Carbon Storage Durability

  • Short-term natural solutions with up to 100-year durability, such as forests and soils.
  • Medium-term blended solutions with 100- to 1,000-year durability, such as biochar and specific types of carbon dioxide utilization.
  • Long-term engineered solutions with more than 1,000-year durability, such as direct air capture and storage, and bioenergy with carbon capture and storage.

Toward a carbon offset hierarchy

Summary

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KlimaDAO

KlimaDAO

3.7K Followers

KlimaDAO enables mass participation in the carbon markets and governs the development of KLIMA, an algorithmic, carbon-backed currency.