Decentralized platform EarthFund and Dr. Lucy Tweed team up to launch DAO dedicated to fighting climate change

Back in June, we wrote about EarthFund after the decentralized platform launched a “DAO-as-a-Service” system to allow anyone to set up funding DAOs for causes they care about and simplify funding for world-changing causes.

With EarthFund DAO, anyone can join communities dedicated to causes you’re passionate about, crowdfund your world-changing treasury, and vote for which projects get the money they need to make an impact, the startup says on its website.

Fast forward a month later, EarthFund has inked another partnership to fight the ongoing climate change plaguing our planet.

Today, EarthFund announced the launch of the Carbon Removal cause in collaboration with Dr. Lucy Tweed. The cause, which was founded by Dr. Lucy Tweed, will focus on finding and funding community-led carbon removal projects to help fight climate change and remove carbon from the atmosphere.

The objective of the Carbon Removal Cause is to ensure real, meaningful action on climate change by funding nature-based initiatives on the ground that help remove carbon and support local communities.

While green technology and industrial approaches to carbon change are long-term solutions, they’re years away from being ready to scale. Nature-based solutions are available to us now and can support natural systems and enhance their uptake of CO2 by protecting and restoring carbon-rich ecosystems (forests, peatlands, salt marshes, mangroves, and seagrass beds).

Unfortunately, nature-based carbon removal is quickly becoming less about climate change and more about good PR. Large corporate players rush in, drive land grabs and restrict local communities’ access to critical resources all the while promoting tree-planting projects that are poorly suited to the local ecology and disregard local people.

The Carbon Removal DAO — led by Dr. Lucy Tweed, who received her Ph.D. from Columbia University for research into carbon removal and is starting a new role as an associate climate researcher at Cambridge University — is set up to “support communities around the world to reclaim sovereignty of their land by funding nature-based carbon removal projects that put local livelihoods and environmental justice front and center.”

In the Carbon Removal DAO, a global community can come together to find projects, accept crypto donations, and vote on which carbon-removing projects around the world get the funding they need to make a difference.

Dr. Lucy Tweed comments on the Carbon Removal Cause:

“Individual action is crucially important. Recycling, flying less, voting for progressive candidates, eating less meat… are all great. But to accelerate climate action we need to come together to create scalable models for broader systemic change. This is no secret.

The problem is that there hasn’t been a tool for collective, meaningful, and coordinated global action until now. The Carbon Removal cause is an accessible and inclusive community where people can come together as a collective to support sustainable community-led carbon removal projects and bring about real change.”

EarthFund CEO Adam Boalt adds:

“We’re all incredibly excited for Dr Tweed to be launching her cause on our platform. Not only is she going to be conducting research into carbon storage at Cambridge University, but through her cause on the EarthFund platform, she’s also going to be growing a global community that gets rewarded for being the driving force behind finding and funding carbon removal projects around the world.

This is what we built EarthFund for — to give ordinary people the tools they need to bring about real change on a global scale. We can’t wait to see what the Carbon Removal DAO achieves.”

The Carbon Removal DAO will focus on funding various approaches to fighting climate change, including protecting carbon-rich ecosystems, restoring ecosystems, regenerative agriculture, and piloting new approaches to carbon removal. And every project will community-first, making sure that climate action doesn’t come at the cost of local livelihoods.

On July 27, EarthFund will drop the CarbonCommons tokens to its community members. The token will not be listed on a decentralized exchange or other trading platform, but can be swapped for 1Earth on the EarthFund platform.

Once a user has the CarbonCommons token, they’ll be able to vote on projects and proposals, get rewarded in USDT for their involvement, and join Dr. Lucy Tweed and other climate activists, scientists, and advocates in an exclusive Discord channel.

EarthFund is the first-of-its-kind crypto-native crowdfunding platform for projects and ideas that can make the world a better place.

EarthFund’s native token — “1Earth” — can be bought directly from earthfund.io or traded on KuCoin, Uniswap and Gate.io and lets token holders get rewarded for participating in self-governed, cause-focused communities by voting on which projects to support and fund.

By holding 1Earth and joining EarthFund communities, everybody will be able to have a meaningful voice in the shape of tomorrow.