more than 12 proposals that were closely related to this challenge and we invited many more into the [2]sustainability event that we held recently.

When talking about the fundamentals of Climate Change itself we would like to encourage you to read up on the papers and the official reports. We specifically refer to the [3]IPCC reports (we also linked a shorter and easier to read press-release at the bottom):

"GENEVA, Aug 9 – Scientists are observing changes in the Earth's climate in every region and across the whole climate system, according to the latest Intergovernmental Panel on Climate Change (IPCC) Report, released today. Many of the changes observed in the climate are unprecedented in thousands, if not hundreds of thousands of years, and some of the changes already set in motion—such as continued sea level rise—are irreversible over hundreds to thousands of years."

"The report projects that in the coming decades climate changes will increase in all regions. For 1.5°C of global warming, there will be increasing heat waves, longer warm seasons and shorter cold seasons. At 2°C of global warming, heat extremes would more often reach critical tolerance thresholds for agriculture and health, the report shows."

"Stabilizing the climate will require strong, rapid, and sustained reductions in greenhouse gas emissions, and reaching net zero CO2 emissions. Limiting other greenhouse gases and air pollutants, especially methane, could have benefits both for health and the climate"

Guiding questions

• What will have the greatest impact on climate change in the short and long term?
• What real-world regenerative solutions already exist that would benefit from applications developed on the Cardano blockchain now, and in the near future?
• How can we incentivize individuals, local communities, councils and municipal authorities, businesses and governments to prioritize taking action to reduce our overall carbon footprint?
• What are the most useful and scalable applications to put Cardano at the forefront of real, actionable solutions which reduce the greenhouse gases we will pass on to future generations?
• How can we minimize Cardanos CO2 emissions further or even become Climate positive?

Proposal success metrics:

• How big is the impact on Cardanos self-sustainability?
• How big is the impact on Co2 emissions?
• How big is the impact on regenerating our planet?
• How big is the awareness that will be created?
• Is your proposal financially sustainable after funding?

Budget rationale

When looking for a budget we thought about, how much of our focus should lie on solving this issue from within the Cardano/Catalyst ecosystem. We believe that 1 Million for a first Climate Change Challenge would have been too much since we are a blockchain Fund and not an environmental Fund, but we also believe that there is potential and therefore 3-4% of the Funding seemed reasonable to us.

Links

Join our Community!

<https://linktr.ee/Cardano4Climate>

Press release on IPCC-report:

https://www.ipcc.ch/2021/08/09/ar6-wg1-20210809-pr/

References

• [1] https://docs.google.com/spreadsheets/d/1w89O_6R-sqd9WmCTttdaUtwAenckJlZt1nJT2LmatQY/edit#gid=0
• [2] <https://www.meetup.com/de-DE/Cardano-Catalyst-Community-Network/events/jqqjqsyccqbtb/>
• [3] <https://www.ipcc.ch/report/ar6/wg1/>

<u>This is a challenge setting proposal</u>