Motivation
In the pursuit of expanding our portfolio of high-impact environmental assets, this proposal presents KlimaDAO with a strategic investment in verified water filtration credits. This aligns with our mission to support sustainable projects that offer both ecological benefits and financial returns, while also contributing to the growth of the on-chain carbon ecosystem. This KIP is in response to Aither’s RFC IOT-AI-ML on Blockchain Water Filtration High Quality Project https://forum.klimadao.finance/d/282-rfc-iot-ai-ml-on-blockchain-water-filtration-high-quality-project
Project Overview
The purpose of the grouped project activity entitled “Hygiene and Environmental Care for Tanks and Overhead Reservoirs (HECTOR)” is to provide safe drinking water to households in rural communities of Anantapur District in Andhra Pradesh in India, India. The proposed project activity aims to reduce the use and demand of wood fuel and non-renewable biomass that would have been used to boil the water to purify water in the absence of the proposed project activity, by installing automated chlorination units, UV disinfection while monitoring the water quality online using advanced IoT and AI-ML driven cloud.
Project Co-Benefits
This project positively impacts a number of United Nations Sustainable Development Goals (SDGs). A number of these impacts have been highlighted below:
- Clean Water and Sanitation (SDG #6) By 2030, achieve universal and equitable access to safe and affordable drinking water for all. Access to improved sources of water and thus the Project provides portable water via auto disinfection and online water quality monitoring.
- Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation (SDG #9). Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all. The proportion of People who don’t use fossil fuel for Water Purification. Through this Project, we are Developing quality, reliable, Sustainable & resilient infrastructure to support economic development & human well-being.
- Climate Action (SDG #13). Integrate climate change measures into national policies, strategies, and planning. GS SDG 13 allows for project activities to include safe water treatment and/or supply technologies implemented for end-users in households, and/or commercial premises such as shops or institutional premises including half or full-day/boarding schools, prisons, army camps & refugee camps.
Additional SDG impacts can be explored in Aither’s RFC: https://forum.klimadao.finance/d/282-rfc-iot-ai-ml-on-blockchain-water-filtration-high-quality-project
Partnership Co-Benefits
Aither’s history in the carbon market and current efforts to accelerate on-chain carbon adoption make their organization a natural ally to the work that KlimaDAO is undertaking. In Aither’s words: “We believe KlimaDAO’s launch was a watershed moment for the VCM and are hopeful to collaborate with the DAO as we explore pathways to bring our carbon projects toward the digital frontier which is Web3.”
As part of their proposal, Aither has pledged to support the launch of liquidity into C3’s new carbon pools via co-marketing activities and by providing a seminar to a large quantum of our 6,000+ existing corporate clients on how digital carbon can be sourced and utilized for their sustainability initiatives.
Project Media
See RFC IOT-AI-ML on Blockchain Water Filtration High Quality Project https://forum.klimadao.finance/d/282-rfc-iot-ai-ml-on-blockchain-water-filtration-high-quality-project
Carbon Credit Evaluation & Acquisition Framework - Scoring
This project scored 62 out of 95 maximum points possible within our evaluation framework. A minimum of 50 points is necessary to allow an RFC to pass to the KIP process. The project’s strong co-benefits and development by a well-established project developer helped it achieve a passing score. You can review the complete evaluation of this opportunity here: https://docs.google.com/document/d/e/2PACX-1vTmJzC3lMVpBo61PWC5SE2w5TIP8Hl2GIHctFLRojeGsZgGCmxgq8wo8Sp4j-I5z9vufIIBvj3z38zr/pub
Proposal
Purchase of forward contract.
Cost per ton: $14.75
Total Volume: 16,667 tons
Total Investment: $245,838.25
Delivery: Q3 2024
Polling Period
The polling process begins now and will end on Tuesday, December 5th. Assuming the forum proposal is approved, it will advance to Snapshot.