Thread by @KlimaDAO

Welcome to This Week in #ReFi, KlimaDAO's recap of the most newsworthy events in the #RegenerativeFinance space over the last seven days.

This week has been dominated by a truly seismic development, in the form of a #web3 behemoth's climate-positive pledge. Read on for more! 1/9

On Monday 11 April, the Polygon Network (@0xPolygon) announced a $20 million commitment to going carbon negative in 2022, and climate positive beyond that, using @KlimaDAO's #KlimaInfinity service.
polygon.technology/sustainability/
#PolygonGoesGreen 2/9

Need a reminder of what Klima Infinity is? It's a suite of tools enabling actors to source, retire, and hold custody over carbon credits natively on the blockchain, transparently and efficiently, and showcase their positive climate impact.
klima.fyi/klima-infinity 3/9

By entering into this 'Smart Contract with Planet Earth', #Polygon is seeking to ensure the chain remains the center of #ReFi and blockchain-enabled climate finance. Congratulations to the Polygon team and the many people in the ReFi space that helped make this happen. 4/9

Elsewhere, KlimaDAO's response to an article criticizing on-chain carbon credits as too accurately mirroring the off-chain market was published by Bloomberg. The original article sparked a vigorous and healthy debate across #ReFi. bloom.bg/3uKQGFL 5/9

Meanwhile, @ToucanProtocol hosted an interesting Twitter Space on last week's #IPCC report and the role of #ReFi, including participants from @gitcoin, @Treeconomyltd, and @regen_network, among others. A recording is available here:
twitter.com/i/spaces/1kvKp… 6/9

Another must-listen Twitter Space was hosted by @BICOWG (the Blockchain Infra Carbon Offset Working Group) and featured @sy_zygy_ and @rittaaka from @KlimaDao, alongside @danhwang88 of @stakefish and @f2pool_official.
Catch up here: twitter.com/i/spaces/1djGX… 7/9

The line-up for the ReFi Summit, to be held in Seattle on May 10th-11th, was confirmed. The event brings many of the most prominent tech and sustainability thought leaders in web3 together for the first time in person. Details are here: refisummit.org 8/9

Finally, Stripe, Alphabet, Shopify, Meta, and McKinsey announced they will be funding Frontier to the tune of nearly $1 billion, accelerating the development of tech aimed at permanent carbon removal—a huge boost to the fight against climate change. bloom.bg/3uMSFcW 9/9