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Net Zero

Engaging Communities to Combat Climate Change with Transparency and Ease.

Net Zero

Created At

ETHGlobal Brussels

Winner of

Flare Network - Most Innovative Application using Flare’s Data Protocols 2nd place

Celo - Best dApps Built for MiniPay 1st place

Hyperlane - Best Use of Hyperlane

Arbitrum - Stylus Project 3rd place

Blockscout - Best use of Blockscout Block Explorer

Prize Pool

Project Description

The problems we want to solve:

  • Reality: Measuring and offsetting carbon emissions is difficult for companies, and climate projects face low funding and awareness.
  • Social: The CSRD makes sustainability reporting challenging for EU companies, highlighting the need for better solutions to generate carbon footprint data and offset emissions.
  • Technical: Web2 solutions lack transparency and scalability.

How it works:

  • Gamification: Engaging users with leaderboards and point systems, streaks, challenge other users with greener lifestyles.
  • Crowdfunding: Facilitating contributions to green initiatives.

  • Proof and Verifiability: Ensuring transparency with a tamper-proof system.

  • Reputation: Creating green proofs and approval stamps for carbon footprints.

Key Features:

  • Leaderboard to encourage competition and engagement.

  • GPS integration for accurate, private data.

  • Distribution system for donations to green projects.

  • Seamless transactions on chain + transparent flow of funds stored in vault.
  • Highly accurate mathematical models for footprint.

"The global carbon offset market is projected to reach $200 billion by 2030."

Producing carbon emission services could be challenging, for example:

  • Carbon emission reports
  • AI for data analytics
  • Affordable monthly subscriptions ...but not using it can be very expensive for companies

For next steps: we will test with users for Feedback Integration Reach out to climate projects & organizations such as https://www.energyweb.org/ Finish our MVP build up

How it's Made

Technologies we applied: Celo Minipay: Seamless onboarding, on ramp and gasless transfers. The Graph: A new Net Zero Subgraph will be created for feeding notifications to the end user on funds, emission offsets, donations. Flare: Data audit for carbon emission counters. Arbitrum Stylus: Efficient, low-latency on-chain calculations of carbon emissions including advanced maths libraries for trust and transparency. Hyperlane: Interoperability between Celo and Arbitrum for optimal transparency and reputation management. Blockscout: Contract verification and user receipts.

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