Offsetra x KlimaDAO: Laying the green foundation for DeFi
Blog

Offsetra x KlimaDAO: Laying the green foundation for DeFi

Published Wed Mar 02 2022

KlimaDAO is proud to announce a partnership with Offsetra, a US-based startup generating positive environmental outcomes through DeFi. As a Klima Infinity analytics partner, Offsetra is offering access to its carbon footprint calculator and consulting expertise to KlimaDAO in the calculation of off-chain and on-chain environmental impact.

About Offsetra

If anyone can call themselves a ‘veteran’ in the nascent web3/climate space, it’s Offsetra. Founded in 2019, Offsetra started as a tool for calculating the carbon footprint of an airline flight. Since then, it has introduced one of the first carbon footprint analysis methodologies of the Ethereum network and pioneered the first NFT and gaming carbon integrations.

Offsetra’s co-founders and advisors all have considerable experience in the sustainability space, spanning energy policy, carbon markets, and environmental impact assessment. In the past two years, they have been able to powerfully combine their work in sustainability with DeFi.

Offsetra has partnered with numerous clients such as the Proof of Stake Elrond network, which is now offsetting 25% more than the network’s emissions with the help of the partnership. Other clients include LTD.INC x Wrangler, Cryptovoxels, ArtBlocks, NFTrees, and Habbo Avatars.

Acting as an intermediary between businesses and sustainability projects on the ground, Offsetra sources carbon offsets from a variety of verified, high-impact projects like wind energy schemes in India and forest preservation activities in Belize, Uruguay, and Brazil.

Offsetra and KlimaDAO

As a Klima Infinity analytics partner, Offsetra is lending its experience in measuring both off-chain and on-chain carbon footprints. Through their carbon.fyi calculator, any individual can calculate the footprint of a MetaMask wallet or contracts on the Ethereum network. Offsetra also brings to the table a number of partners and connections, extending KlimaDAO’s reach and strengthening the community of players in the crypto/carbon space.

“We believe the future voluntary carbon market will run on DeFi infrastructure and we see KlimaDAO as the critical force driving this development forward,” said Rafaella Orelli, Head of Business Development at Offsetra. “There are tremendous gains to be made in market access and efficiency as this space matures and we want to be a part of it.”

inline image

KlimaDAO is honored to have Offsetra’s partnership, and looks forward to working together to achieve our shared mission of making next-generation financial infrastructure green from the very start.

If you are interested in getting involved with KlimaDAO, join us on Discord and follow us on Twitter.

Disclaimer

The information provided in this blog post pertaining to Klima DAO (“Klima DAO”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this blog post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This blog post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Klima DAO and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Klima DAO expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Klima DAO reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this blog post supersedes any prior blog post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Klima DAO nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this blog post by you or any of your representatives or for omissions from the information in this blog post. Additionally, KlimaDAO undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this blog post.