►
Description
In this session, Christian Shearer and Sarah Baxendell will walk through how critical it is that we employ decentralized finance and governance for climate resilience and how the Regen Marketplace for ecological assets will play an important role in accelerating planetary regeneration. What role does blockchain have in all of this, and how must the carbon markets adjust for greater transparency and efficiency in the context of a climate emergency.
A
B
We
are
going
to
be
joined
by
Christian,
Shearer
and
Sarah
backsendell
today,
so
I
want
to
thank
you
all
for
coming
today.
This
is
our
impromptu
session,
with
regen
Network
and
the
session
is
called
decentralized
Finance
for
climate
resilience
and
it
spurred
from
a
conversation
I
was
having
with
Christian
a
little
bit
earlier
on
and
some
of
the
work
that
regen
Intel
our
region.
B
Sorry
regen
network
is
doing
that
region
until
but
also
region
until
we've
already
heard
from
Chad,
and
we
thought
it
would
be
really
good
to
share
some
of
this
work.
It's
really
pertains
to
what
we're
learning
about
about
climate
and
living
at
climate,
safe
future,
and
so
I
just
wanted
to
have
this
moment
to
really
dive
into
some
of
the
work
that
regen
network
is
doing
and
and
give
the
opportunity
for
a
Christian
and
Sarah
to
speak.
B
She
currently
leads
the
blockchain
ecosystem
at
regen
Network
and
advises
the
blockchain
carbon
infrastructure,
working
group
and
Christian
who's
been
part
of
trim
top
space
camp
and
also
a
friend
an
advisor
to
BFI
for
quite
some
time
now
is
works
and
lives
with
compassion
and
integrity.
In
the
midst
of
our
unraveling
world.
This
work
has
really
centered
around
living
and
being
into
a
future
that
we
all
want
to
see
and
he's.
B
Co-Founded
regen
network
with
Gregory,
Landau
and
regen
network
is
a
decentralized
community
of
ecological
Finance,
including
Mark,
including
a
Marketplace
for
high
quality
ecological
assets
at
24,
Christian
founded
what
has
come
to
be
one
of
the
most
well-respected
permaculture
education
centers
in
southeast
Asia.
The
Pena
project
I,
would
love
for
you
to
put
a
little
bit
more
about
that
in
the
chat
too
Christian.
B
C
Thanks
so
much
faith,
yeah
yeah
thanks!
So
much
I
really
appreciate
the
opportunity
to
to
share
her
faith.
I'm
glad
you
mentioned
our
friendship.
We've
been
friends
for
I,
don't
know
seven
years
or
something
now
and
Buckminster.
Fuller
Institute
was
actually
a
pretty
critical
role
for
regen
Network
early
on,
as
we
were
just
forming
our
community
of
organizations,
the
non-profit
that
we
have
was
fiscally
sponsored
by
Buckminster
Fuller
back
in
the
day,
so
a
critical
piece
of
our
Evolution
along
the
way.
C
D
C
Am
excited
to
continue
leading
in
with
BFI
and
co-create
the
future
that
we
all
want
to
see
so
to
share
a
little
bit
about
region.
Network
I
mean
my
aim
here
is
to
is
to
have
each
of
you
leave
this
session
with
a
greater
understanding
of
what
it
is
that
we're
doing,
but
even
more
importantly,
that
is,
then
that
is
just
leaning
in
on
strategies
to
transform
this
planet
and
to
help
accelerate
the
ecological
regeneration
of
this
planet.
C
So,
to
give
you
a
little
in
a
nutshell,
region
network
is
convening
a
decentralized
community
of
scientists,
technologists,
Farmers,
ranchers,
land
stewards,
we're
building
a
software
stack
and
a
Marketplace
for
natural
Pro
Capital.
We're
doing
that
in
a
way
that
is
completely
open
source
and
completely
governed
by
the
community
of
actors.
C
Our
belief
and
understanding
is
that
there
are
people
all
over
the
world
that
are
interested
in
leaning
in
on
their
in
their
own
Landscapes
Farmers,
ranchers,
land,
stewards
of
all
types
that
would
like
to
be
planting,
trees
and
stewarding
their
landscapes
in
such
a
way
that
that
brings
about
ecological
regeneration
and
there's
a
small
but
growing
faction
of
people
who
are
already
doing
that.
And
so
our
aim
at
Region
network
is
to
build
an
open
and
decentralized
community
of
partitioners.
C
That
that
are
doing
the
measurement
are
doing
the
reporting
doing
the
validation
and
creating
the
transparency.
So
everyone
knows
that
what
is
being
represented
through
this
text
stack
is,
is
honest
and
clear,
and
then
those
ecological
assets
can
be
can
be
built
onto
the
platform
can
be
issued
to
those
land
stewards
who
have
created
that
ecological
impact,
and
they
can
sell
that
those
ecological
assets
to
individuals,
to
corporations
to
others
who
are
seeking
to
offset
their
their
negative
ecological
impact
and
thus
earn
an
additional
income
from
the
work
that
they're
doing
so.
C
C
Our
food
play
more
music,
do
more
dancing
these
things,
it's
what
I
really
want
to
see
for
the
world
and
yet,
if,
if,
if
I
believe
or
if
we
believe
that
we
have
a
very
limited
time
frame
to
affect
real,
substantial
change
in
ecological
systems
in
our
climate
that
we
may
need
to
take
a
different
tack.
The
the
cultural
revolution
I
want
to
be
a
part
of
it.
I
want
to
continue
making
it
happen.
C
I
don't
know
that
that's
going
to
happen
in
the
time
frame
that
we
need
when
we're
talking
about
climate
resilience,
so
regenerative
region,
Network,
we've
chosen
to
use
the
lever
of
finance
and
financial
incentives
to
to
incentivize
those
folks
who
are
stewarding
their
Landscapes
and
invite
them
into
an
open
measurement
of
their
ecological
impact.
Share
that
ecological
impact
with
the
world
and
be
be
validated
and
rewarded
for
that
impact.
C
E
E
That's
my
bio
said:
I'm,
basically,
an
ecology
nerd
from
a
design
background
that
has
had
the
opportunity
to
have
plans
towards
utilize
the
software
tools
that
we've
been
building
and
scientists
dig
into
the
platform
for
scientific
innovation
that
we
have
developed.
So
our
team
is
trying
to
incentivize
the
restoration
of
ecosystem
function
on
a
global
scale.
Our
North
Star
is:
can
we
restore
ecology,
and
can
we
restore
human
relationship
to
ecology
at
large
by
creating
software
and
science
tools
that
help
to
financially
incentivize
what
we
consider
to
be
right,
action
in
that
environment?
E
So
our
big
goal
is
to
try
to
protect
and
restore
ecosystems
by
protecting
and
restoring
our
relationship
to
them
wasted
in
this
world
with
a
fancy
acronym
called
refi.
What
that
ultimately
means
is
what
Christian
was
describing
that
we're
using
the
blockchain
as
a
technology
tool,
because
it's
transparent,
because
it
is
a
shared
public
governance
system
to
create
software
tools
that
allow
us
to
work
with
land,
stewards
and
Earth
stewards
and
ocean
stewards
to
use
the
financial
system
as
a
tool
to
address
complex
challenges
and
specifically
to
restore
ecology
to
address
the
climate
crisis.
E
E
That's
a
it's
a
public
database
tool
and
a
public
governance
system
tool,
and
we
sit
in
a
world
where
there
are
a
lot
of
different
types
of
carbon
and
biodiversity
and
water
credit
Registries
that
because
they're,
not
public,
because
their
data
is
not
public.
Their
participation's,
not
public
standards.
E
Development
is
in
public,
their
trade,
their
pricing,
all
of
those
privately
held
information,
so
they're
all
these
bottlenecks
that
exist
out
there
in
the
world
for
what
we
call
Legacy
carbon
Registries
and
the
three
big
ones
that
you
know
you
can
Google
get
a
sense
of
that
really
represent
a
lot
of
the
voluntary
carbon
Market
are
Vera.
Excuse
me,
gold,
standard
and
American
carbon
registry,
and
so
we
took
a
look
a
long
time
ago.
E
You
know
many
years
ago
and
said
what
works
well
about
these
systems
and
what
doesn't
really
work
well
to
help
people
be
able
to
develop
their
own
ecological
impact
standards
and
how
people
can
self-coordinate.
These
are
very
top-down
approaches.
Like
Christian
said
it's
like
a
closed
room
of
scientists,
mostly
old
white,
guys,
a
big
institutional
decisions
and
then
sort
of
slam
them
down
on
communities
and
say
meet
the
requirements.
There's
no
room
for
evolution,
there's
no
room
for
you
to
be
a
part
of
the
process.
E
You
have
to
either
agree
to
the
standard
to
participate
in
in
these
systems
or
not,
and
we've
really
taken
a
different
philosophical
approach
and
really
a
different
pattern
style
for
the
design
of
how
we
think
about
these
systems.
We
think
about
them
really
in
inverse.
We
think
about
how
can
communities
of
land
stewards-
and
you
know,
land
trusts
that
protect
Urban
forests,
and
you
know,
municipalities,
that
are
replanting,
trees
and
parks,
and
you
know
Farmer
cooperatives
in
the
Northeast.
E
So
we
approach
this
by
looking
at
what
are
the
technology
tools
in
the
intersections
between
supply
and
demand,
which
is
you
know,
very
much
a
market
for
secretion.
There
are
organizations
that
are
producing
credits
that
want
to
bring
those
credits
onto
the
blockchain,
because
it's
quicker
to
sell
them,
it's
easier
to
sell
them.
It's
often
higher
price,
and
you
have
organizations
that
are
trying
to
create
climate
impact.
You
have
corporate
buyers
like
Microsoft
that
we've
worked
with.
E
E
So
we
to
purchased
with
really
three
different
pieces
of
infrastructure
and
I'm
going
to
keep
this
really
simple,
because
y'all
are
not
blockchain
nerds.
It's
my
assumption
that
I'm
carrying
in
here
today.
First
we
have
this
system
that
we
call
regen
registry,
and
this
is
where
your
scientists
and
your
land
stewards
really
start
in
our
system.
This
is
where
you
know:
I,
don't
give
you
a
use
case,
so
I'll
use
Hilltop,
Urban
Farm,
because
it
has
a
lot
of
pieces
to
the
puzzle,
so
Hilltop,
Urban
Farm.
E
Let's
say
it's
a
project
trying
to
use
region
Network.
It
is
a
urban
farm
120,
some
acres
in
the
city
of
Pittsburgh
that
has
a
combination
of
a
80
acre
forestry
preserve.
That's
like
a
very
Steep
Hill
that
no
one
can
plant
on
it's
being
preserved
and
it
has
a
combination
of
about
a
40
acre
urban
farm
and
in
the
process
of
developing
that
farm.
We
went
through
a
lot
of
restoration
because
there
used
to
be
buildings
in
this
particular
location.
E
So
I
want
you
to
imagine
just
like
a
really
big
vacant
field,
with
like
Rubble
in
it
like
bricks
and
and
pipes
and
other
weird
stuff
under
the
ground,
and
so
we
spent
almost
three
years
literally
pulling
Rubble
out
of
soils,
putting
down
cover
crops,
rolling
them
back
into
the
cover
crop
systems
of
that
soil
and
working
first
to
restore
that
soil.
Then
we
went
around
and
mapped
every
tree
and
said:
how
do
we
protect
every
Legacy
Street
tree
that
still
exists
on
this
property?
Big
old,
London
Plains?
E
You
know
50
feet
high
that
are
like
you
know.
You
can't
even
get
your
arms
around
big
old
trees
and
then
we
sat
down
and
said:
how
do
we
do
a
children's
Farm
here?
How
do
we
build
an
urban
Orchard
here?
Do
you
know
to
supply
fruit
to
the
neighborhood
and
cider
apples
to
the
local
cidery?
How
do
we
plant
grapes
here?
How
do
we
plant
berries
here?
How
do
we
plant
hops
here
for
the
local
breweries?
And
so
when
you
look
at
a
place
like
that,
that's
almost
10
years
long
and
it's
development.
E
So,
there's
a
lot
of
different
ways
that
in
Agriculture
and
Forestry
use
cases
where
you're,
preserving
existing
pieces
of
ecology
or
restoring
pieces
of
ecology
and
what
our
team
does
is
sits
down
with
folks
that
have
these
like
really
legitimate
Real
World
Farmers
on
the
ground,
land
trusts
in
the
forest,
use
cases
and
say
how
can
you
design
a
scientific
standard
that
defines
what
the
benefits
of
these
actions
are
and
that
can
be
carbon?
It
can
be
water,
quality,
improvement,
air
quality
improvement.
Biodiversity
doesn't
just
have
to
be
carbon
for
a
carbon
Market.
E
We
take
a
much
broader
approach
to
ecology
as
a
team.
How
can
I
say:
okay,
I
made
these
actions.
I
know
that
there's
these
benefits
I'm
on
this
land
every
year
I
can
see
the
biodiversity
growing.
How
do
I
use
science
to
quantify
that,
and
really
literally,
how
do
I
write
down
that
methodology
for
how
I'm
going
to
track
that
change
of
state
on
that
land
and
that
ecological
regeneration
in
that
place?
E
Fundraising
from
you
know,
foundations
and
institutions
that
support
that
stuff
at
a
programmatic
level,
how
can
I
use
this
financial
asset
that
represents
these
ecological
benefits
and
sell
it
into
the
marketplace
to
organizations
and
individuals
that
want
to
be
able
to
purchase
and
retire
those
credits
to
take
responsibility
for
aspects
of
their
carbon
footprint
that
you
know
they
simply
they've
already
changed
their.
You
know,
electricity
to
renewable
for
their
office.
E
These
ecological
benefits
that
are
Quantified
and
verified
and
confirmed
and
real
feel
with
organizations
that
are
looking
for
these
types
of
assets
and
creating
this
financial
partnership
between
both
sides
of
that
market
to
take
money
from
corporations
and
institutions
and
essentially
give
it
to
land
stewards
because
they're
doing
work
that
has
direct
benefits
and
the
reason
we
use
blockchain
for
this
is
really
sits
on
two
pillars.
One
is
all
of
that:
science
data
all
that
location
data.
All
of
that
monitoring
data.
All
of
those
reports
there
needs
to
be
public
data.
E
We
firmly
believe
that
ecological
information
should
be
public
information.
I'm
going
to
blockchain
basically
is.
Is
it's
like
a
spreadsheet
that
the
whole
world
can
see
everything
that
ever
happens
on
that
blockchain
is
a
permanent
record.
You
can't
wipe
a
line
out
of
that
blockchain
spreadsheet
anybody
anywhere.
E
Is
we've
developed
a
series
of
custom
tools
that
allow
for
folks
to
take
data
like
soil
samples
and
anchor
them
onto
the
blockchain
associated
with
their
project,
take
a
monitoring
report
and
attach
it
to
your
project
permanently,
take
a
credit
issuance
report
and
attach
it
to
your
project
permanently
on
the
blockchain
and
list
credits
when
you've
gotten
through
all
of
the
required
scientific
monitoring
steps
into
the
marketplace
and
make
them
available
an
in
existing
markets.
Typically,
the
way
this
works
is
a
land
Steward
would
partner
with
another
professional
group,
called
a
project
developer.
E
The
project
developer
deals
with
all
the
paperwork
stuff
and
the
whole
process
here
and
then
takes
the
slice
of
those
credits
away
from
them
for
those
services,
then
that
project
developer
typically
goes
and
finds.
Another
third
party
called
a
broker.
Who
then
takes
more
credits
from
the
farmer
in
order
to
sell
them
to
someone
and
find
buyers?
And
what
we're
trying
to
do
in
our
system
is
take
out.
E
Monitoring
that
make
all
of
that
public
and
make.
It
says
that
anybody
who
creates
a
carbon
credit
standard
on
regen
Network
can
develop
a
club,
an
advisory
Council,
a
group,
a
non-profit,
a
group
of
non-profits
and
using
what
we
call
groups
can
basically
establish
themselves
as
a
group
that
governs
a
specific
method.
So,
let's
say
you
all:
are
agroforestry
nerds
I'm.
E
So
I'm
going
to
keep
it
really
simple
from
here:
I'm
gonna.
If
you
just
give
me
a
second
I-
need
to
get
this
link
to
put
in
the
chat
to
try
to
oh,
it's
very
hard
to
find
the
chat.
Okay,
I!
Wouldn't
give
you
all
a
link
to
this
really
cool
thing,
though.
Basically
a
notion
page,
that's
publicly,
viewable
that
we
call
built
on
Regen
and
in
this
link,
which
I
will
I'll
go
back
to
sharing.
E
So
you
can
so
you
can
see
there's
this
section
here
called
methology
and
project
developer,
and
these
are
all
cards
that
are
overviews
of
every
project
that
is
on
the
ground,
lands
tiered
project
in
region,
Network.
That
is
designing
a
new
science
methodology,
designing
a
new
credit
type,
doing
a
pilot
project
that
impacts
real
world
ecology
on
the
ground.
E
We
are
expecting
over
2
million
brand
new
credits
that
have
never
been
made
before
in
the
world
to
come
into
the
marketplace
in
2023
and
there
are
over
15
million
hectares
of
land
engaged
currently
in
the
platform.
So
when
Christian
and
I
started,
this
was
just
an
idea,
and
now
this
is
a
really
big
community
of
people
using
these
tools
and
designing
credits
and
governing
them
as
shared
communities
on
the
ground
and
shared
scientific
Integrity
perspectives.
E
We
work
with
all
kinds
of
organizations
across
the
globe
that
are
blockchain
based
and
super
nerdy
science
based
like
Planet
labs
and
Google
Earth
engine
and
the
world
economic
forum,
and
so
we
really
see
a
world
in
five
or
ten
years.
That
is,
you
know,
a
more
connected
Financial
market
for
ecological
assets
and
more
and
more
we're
seeing
you
know,
countries
talk
about
putting
Carbon
on
their
nation's
balance
sheet.
E
Companies
that
are
on
the
the
stock
exchange
is
being
required
to
report
sustainability
impact
information.
So,
as
we
see
the
climate
impact
responsibility,
level
growing
of
companies
and
nation
states
work
like
what
we're
trying
to
do
with
on
the
ground
land
stewards
in
an
open
source
way,
totally
public,
very
Grassroots.
E
The
demand
for
this
type
of
work,
it's
going
to
be
ever
expanding,
is
Our
Hope,
so
I'm
going
to
pause
there.
That
was
pretty
much
the
basic
gist
of
what
the
heck
is:
regen
Network
at
a
really
high
level,
so
I
would
be
happy
to
answer
any
questions
you
have
about
the
World
Of
Reach
on
network
or
use
cases
that
you
have
because
it's
a
lot
of
information.
So,
thank
you
all
for
listening.
B
C
C
A
lot
of
people
have
the
idea
that,
if
a
corporation
you
know
like
Exxon
and
shell
and
all
those
big
oil
companies
are
buying
up
carbon
credits,
our
carbon
credits
just
a
way
for
them
to
continue
polluting
and
destroying
the
world
and
then
like
buying
offsets
so
that
they
could
so
they
could
say,
look
we're
carbon
neutral
and
that
doesn't
seem
like
the
world
that
we
want
to
see.
How
does
how
does
that?
How
do
you?
How
do
you
reconcile
all
that.
E
Yeah
I
love
this
question,
so
we
don't
have
control
over
all
the
companies
that
we
partner
with
for
sure,
but
when
companies
are
taking
a
look
at
their
carbon
footprint,
they're
looking
at
what's
called
so
fun
two
and
three,
and
it's
really
like
what
can
I
do
inside
of
my
business,
that
I
have
control
over
like
I
can
change
my
electricity
source
to
renewable
I
can
change
the
light
bulbs
in
my
office.
Then
it's
like
what
the
heck
is
in
my
supply
chain.
E
How
do
I
work
with
my
supply
chain
partners
for
all
the
bits
and
bobbles
I
get
for
whatever
it
is
I'm
making
and
selling,
and
what
can
I
do
in
partnership
with
them
that
improves
the
sustainability
of
that
supply
chain
could
be
electrical
vehicles
for
delivery?
It
could
be.
Can
we
not
use
so
much
scary
palm
oil
and
things
maybe
lots
of
different
options?
So
typically,
companies
are
working
through
to
the
best
of
their
ability,
both
of
those
and
where
we
come
in
in
the
voluntary
carbon
and
ecological
asset
Marketplace.
E
Is
we
really
deal
with
companies
that
are
already
trying
and
they're
just
left
with
something?
That's
left
over
and
they
really
want
to
make
an
ecological
impact
a
lot
of
the
times
and
what
we're
focused
on
is
creating
the
highest
quality,
most
Community
Rich
Project
portfolio
that
we
can
as
a
network
to
say.
If
you're
going
to
buy
carbon
credits,
let's
make
them
the
very
best
we
can
and
let's
take
some
of
our
Grassroots
community
Community
projects
and
try
to
get
some
of
that
money
to
them
so
that
it
creates
his
reciprocal
Financial
cycle.
E
Our
hope
is
not
to
like
let
them
off
the
hook.
Our
hope
is
to
help
them
where
they're
at
on
their
journey-
and
this
is
my
personal
opinion-
is
that
we
got
to
take
every
inch
we
can
get
in
this
climate
change
thing.
Climate
weirding
is
faster
than
we
realize
and
you
know:
I'll
take
I'll,
take
anyone
who
wants
to
take
real
action
into
the
ecosystem
into
my
world
view,
because
I
think
every
every
tiny
little
bit
is
really
going
to
be
what
adds
up
in
10
or
15
years.
E
E
D
D
Developing
breakthroughs
that
will
not
have
the
supply
chain
impacts
that
that
the
ones
today
do
it's
much
much
simplified
and
far
less
expensive
to
build
the
capital
for
the
factories
and
all
that.
So
we
could
fund
billions
of
dollars
of
critical
work
from
our
gross
margins
once
we're
in
mass
production
through
you
as
an
ecosystem,
as
we
drive
decarbonization
by
2030,
especially
energy
transportation
and
other
things.
What
about
offering
discounts
on
our
technology
to
network
members
as
a
way?
D
What
we're
looking
for
we're
trying
to
raise
money
right
now,
so
we
can
get
to
Productions,
so
we
can
complete
development
and
so
I'm.
Looking
at
you
know,
save
funders,
money
and
adverse
impacts
by
our
work.
You
know
is
when,
when
we
Electrify
the
world
within
a
few
years,
they
stop
paying
for
the
financing
and
they've
already
stopped
paying
for
the
fossil
fuels
and
then
all
of
a
sudden.
D
It's
like
the
Renaissance,
the
Italian
Renaissance
I
think
happened
on
15
we're
looking
at
20
to
30
percent
savings
for
most
people
when
they
stop
when
they
decarbonize
and
go
to
electric
vehicles.
You
know
through
a
whole
stack
of
values
there.
So
could
you
expand
from
Land
stewardship
to
Planet
stewardship.
E
The
way
in
which
that
inclusion
criteria
for
what
can
be
on
our
platform
gets
expanded
is
through
what
we
call
Network
governance,
which
really
means
that
there's
a
place
online
where
you
can
propose
that
hey
you've
got
this
other
use
case.
You
would
love
to
see
the
community
have
a
discussion
about
whether
or
not
we
want
to
expand
and
include
more
use
cases,
and
we
let
the
whole
Community
decide,
and
there
are
18
000
wallet
holders
that
vote
on
what
is
allowed
on
the
regen
Network.
E
So
it's
a
really
big
public
discussions
process
in
regards
to
you
know:
partnering,
you
know
technology
that
you
have
that
you
think
might
be
of
benefit
to
Farmer
and
pilot
projects.
We
could
certainly
connect
you
with
that
team,
and
you
know
allow
you
to
share
your
information
with
those
projects.
We
let
all
the
projects
in
the
ecosystem
decide
what's
right
for
them,
we
act
more
as
like.
Hey
here.
Are
these
tools?
Here's
how
you
use
them,
let's
facilitate
the
shared
conversation,
and
how
can
we
help
you
make
the
best
decision
for
yourself
is.
D
There
a
way
that
they
don't
have
to
be
voting
that
they're
going
to
spend
the
the
money
on
it
or
is,
in
other
words,
if
you
have
a
whole
lot
of
different
communities,
you
mentioned
ecological
impact.
That's
exactly!
We
are
the
most
ecological
impact.
Besides
changing
agriculture,
because
we
we
will
specifically
end
the
use
of
fossil
fuels
and
nuclear
power,
probably
by
2030,
which
means
a
big
part
of
it
could
be
happening
by
2
2025.
D
So
how
does
that
you
know
so
that
would
fit
the
ecological
lens.
The
question
is
how,
when
we
have
no
money
right
now
ourselves,
how
would
we?
How
would
we
just
get
people
to
say?
Okay,
that's
cool,
and
then
someone
like
like,
then
you
would
figure
out
how
the
money
is
going
to
get
created
and
delivered.
E
D
There's
I'm
sure
there
are
many
and
well-accepted
Technologies
for
measuring
the
impact
of
ending
the
use
of
fossil
fuels
in
vehicles
or
in
buildings,
which
is
what
we're
really
focusing
on
initially
so
would,
instead
of
us,
being,
you
know,
doing
work
work
incapable
of
doing
like
creating
a
standard
that
kind
of
standard.
Can
we
just
borrow
somebody
else's
standard
and
you
have
a
list
of
the
ones
that
are
worth
worth.
You
know
that
are
pre-veted.
D
B
F
Hello
as
a
bio
nerd
working
on
a
Hilltop
Farm,
how
did
you
make
the
leap
of
understanding
that
blockchain
was
a
technology
that
you
could
use
and
then
implementing
that
into
your
process?
First
question
and
then
second
question
is
what
would
be
a
practical
application
of
an
individual
like
myself,
going
on
the
regen
Marketplace
to
buy
Eco
credits.
E
E
E
These
credits
to
my
wallet
and
then
you
get
to
leave
like
a
whole
cool
note
about
why
you,
retired
them,
and
people
leave
like
really
adorable
notes.
Like
for
the
Western
Wilderness
and
like
Christian
left
one
of
her,
his
family
I
left
one
for
the
forest
of
Pittsburgh
when
I
retired
credits,
but
it's
a
relatively
simple
process.
Once
you
have
the
right
wallet
and
once
you
have
the
right
currency
in
the
wallet.
E
C
C
We
totally
approved
and
cheered
on
that
message
from
John
Oliver,
because
that's
totally
true,
there's
so
much
opacity
in
the
in
the
carbon
markets
and
what
we're
trying
to
build
is
is
transparency
so
to
to
to
build
transparency.
You
need
a
trusted
data
data
system
and
blockchain
allows
for
that
right.
So
so,
anytime,
we
are
issuing
carbon
credits.
Someone
can
find
out
what
the
methodology
is
based
on
the
hash.
That's
on
the
blockchain
of
where
that
carbon
credit
came
from.
They
can
then
click
into
the
methodology.
C
Read
the
entire
methodology
understand
how
it
is
that
the
the
carbon
credit
was
issued
in
the
first
place
and
what
methodology
it
followed
so
that
we
can
actually
attest
to
the
fact
that
real
ecological
impact
could
happen,
and
the
second
piece
around
that
is
double
counting
right.
So
there's
a
there's
a
couple
of
different
ways
in
which
carbon
credits
can
be
double
counted
in
the
conventional
system.
First
of
all,
a
an
issuer.
Somebody
has
a
piece
of
land,
they've
grown
a
bunch
of
trees
and
said
we
want
to
issue
carbon
credits.
C
Well,
they
could
then
go
and
issue
carbon
credits
on
multiple
different
Registries
and
sell,
basically
the
same
carbon
to
two
different
folks
right
by
building
a
a
tech
stack
that
makes
all
of
our
information
completely
transparent.
It's
very
easy
for
any
other
registry
to
to
call
on
the
data
from
our
registry
and
double
check
whether
the
same
credits
are
there,
the
same
location,
the
same
vintage
year
and
then
the
second
a
way
that
carbons
or
carbon
credits
are
double
counted.
C
Is
that
if
a
person
or
a
company
buys
carbon
credits
and
then
says,
look
I
have
all
these
carbon
credits
I
offset
all
my
carbon
for
2020.
and
then
the
next
year
they
go
and
sell
those
carbon
credits
to
someone
else,
and
then
that
person
says
look.
We
offset
our
carbon
credits
for
our
carbon
for
2021.
C
That
misses
the
entire
point,
because
now
you've
used
the
same
carbon
twice
so
using
a
blockchain,
it's
very
clear
about
whether
you
can
make
claims,
because
you
need
to
retire
the
credits.
If
you
make
a
claim
so
and
once
you
retire,
there's
no
way
you
can
ever
transfer
those
credits
to
anyone
else,
they're
completely
static
in
your
wallet.
They
can
never
be
sold
or
transferred
again.
So
the
both
of
those
reasons
are
totally
legitimate
and
then
the
third
reason
to
use
blockchain
that
I'm
really
excited
about
is
community
governance.
C
So
our
entire
entire
tax
stack
is
governed
by
a
public
community
of
people.
Anyone
can
participate,
come
in
and
start
studying.
What's
going
on,
there
study
the
proposals,
create
proposals,
put
them
up
on
the
chain
and
and
alter
and
affect
the
direction
that
the
region
Network
Community
is
going
in.
Blockchain
allows
for
that
very
easily.
A
A
Boy
I
have
so
many
questions.
Answer
your
questions,
the
first
two
but
I'll
just
keep
it
hopefully
brief
and
you
can
be
as
nerdy
as
you
want,
because
this
is
a
wonderful
nerdy
Community
here,
so
I,
don't
think
anything
is
too
complicated.
It
is,
you
know,
so
very
much
appreciate
the
work
that
you're
doing
and
very
much
agree
with
her
that
we
can.
A
We
should
use
every
ounce
that
we
can
to
to
saving
this
planet,
but
my
sort
of
concern
that
permeates
a
lot
of
work,
not
just
this
one
is
biodiversity.
You
know
because
it's
easy
to
plant
mono
crop
and
call
it
carbon
credit
right.
So
so
do
you
think
about
it,
which
I'm
sure
you
could
do,
but
how
do
you
address
that
concern
that
people
like
not
driven
sort
of
to
one
one
solution
at
the
expense
of
the
entire
biosystem
sort
of
forego
and
the
complexity
of
biases
them?
Thank
you.
E
Yeah
I
could
probably
take
this
I
think
we
we
take
a
couple
of
different
approaches,
one
for
somebody
to
submit
a
methodology
to
the
world
of
regen
Network.
You
have
to
submit
a
concept
note,
so
there's
sort
of
like
a
moment
in
time
that
something
might
be
like:
oh
you're,
just
cutting
down
trees
and
making
a
palm
oil
Plantation.
E
That's
not
what
we're
talking
about
so
there's
the
opportunity
for
us
to
kind
of
set
expectations
in
the
methodology
process
as
to
what
we
mean
by
ecological
regeneration
and
what
we
really
mean
is
restoring
naturalized
ecology
that
is
location
appropriate
for
a
particular
place
rather
than
things
like.
Oh
hey,
cut
down
the
Brazilian
Amazon
and
throw
up
some
more
palm
oil
and
call
it
carbon
credits.
So
we
have
really
a
social
process
of
avoiding
those
types
of
use.
Cases
as
well
as
the
way
that
we
look
at
credits
in
general.
E
Is
we
look
at
it
through
a
broader
ecological
benefits?
So,
yes,
carbon
could
be
one
of
those
outcomes
or
one
of
those
benefits.
We
also
look
at
biodiversity.
We
look
at
water
quality.
We
look
at
air
quality.
We
ask
folks
to
look
Beyond,
a
reductionist,
just
carbon
accounting
perspective
in
their
projects.
It's
really
we're
trying
to
preserve
and
restore
ecosystem
function
out
of
truly
scientific
level.
So
we
do
look
at
Watershed
and
Regional
impacts
of
projects
before
we
like
accept
them
into
the
platform
process.
C
Our
our
Marketplace
has
transparency
around
the
exact
methodologies
that
are
used,
so
certain
people
are
going
to
be
a
lot
more
kind
of
like
flexible
about
which,
which
methodologies
they
they
feel
good
about,
and
other
organizations
and
people
are
going
to
be
very
clear.
That
I
only
want
to
support
the
ecological
regeneration
of
forests.
I
don't
want
to
support
regen
egg,
because
that's
more
controversial,
let's
say
so.
You
can
it's
all
transparent.
A
G
Cool,
thank
you.
Hi
Sarah,
it's!
Finally,
it's
good
to
finally
meet
with
you
across
the
screen.
We've
been
in
touch
by
email
and
Twitter.
My
question
is
one
of
the
big
challenges
with
sort
of
solving
for
environmental
collapse
is
natural
capital
and
nature-based
solutions
operate
on
a
much
longer
term,
longer
time,
Horizon
geological
time
Horizon
often
than
than
sort
of
our
species.
G
So
a
lot
of
discussions
are
moving
towards
forage
financing
being
able
to
to
fund
the
work
from
a
forward
perspective
and
there's
also
another
huge
Trend,
I
think
very
original
to
regen
Network,
which
is
practice
based
credit,
so
not
necessarily
outcome,
but
getting
the
work
started
regardless
of
of
outcome.
So
could
you
maybe
compare
and
contrast
these
two
thought
processes
and
I
I'm
afraid
we're
running
out
of
time?
So
yeah?
That's
just
a
very
exciting
point
for
me.
Thank
you.
E
Yeah,
so
with
practice-based
credits,
what
he's
referring
to
is
that
we
have
a
couple
of
methodologies
that
are
not
like
what
comes
after
an
activist
and
taken.
It's
looking
saying.
I
know
that
there
are
outcomes
associated
with
actions.
How
can
I
incentivize
getting
started?
So
a
clear
example
which
is
being
currently
worked
on
by
a
gentleman
named
Ned
on
our
science
team,
was
originally
started
by
Giselle.
Our
head
of
science
is
the
methodology
for
fiber
shed,
which
is
about
sheep
Grazing
In
Vineyards
in
Northern
California,
which
I
see
Faith
popping.
E
You
know
the
fiber
shop
Club,
but
part
of
it
is
taking
a
look
also
at
how
the
USDA
approaches
things
a
lot
of
nrcs
practices.
Are
they
pay
the
farmer
for
doing
it
up
front
where
they
pay
the
farmer
at
the
end
of
the
season
for
a
practice
of
implementation?
So
a
good
example
is
a
lot
of
farmers
get
paid
for
cover
crop
in
Plantation,
and
so,
rather
than
waiting
to
pay
people
for
smaller
practice
activities.
After
the
fact,
when
some
of
the
stuff
may
be
newer
to
the
market
itself,
we
are
looking
at.
E
How
do
you
differentiate
for
being
able
to
pay
a
farmer
Upfront
for
implementing
cover
crops
and
on
the
platform
that
becomes
something
where
we're
going
to
eventually
have
a
better
tagging
system?
Where
it's
clear,
you
know
is
as
a
practice-based
credit
is
an
outcome-based
credit
and
allowing
people
to
filter
for
the
different
types
of
project
activities
they
want
to
invest
into
carbon
end
credits
as
assets.
It's
really
just
about
creating
unitive
account
we're
looking
at
the
timing,
change
of
that
as
well
and
related
to
forward
contracts.
E
We
are
crafting
with
those
Partners
forward
contracts
with
Buyers
right
now,
with
the
idea
that
if
we
can
get
them
paid
for
their
pile
of
project
right
now,
they
can
catalyze
a
whole
ecosystem
of
other
pilot
projects
that
they
have
waiting
to
go.
But
they
need
to
get
this
first,
one
out
of
the
door
or
they
want
some
more
financial
sustainability
for
financing
their
project,
because
this
is
real
people
in
real
work
on
the
ground
that
need
spending
and
we're
ultimately
going
to
be
architecting.
E
So
we
are
thinking
about
how
do
you
shift
explanation
and
shift
time
Horizon
to
incentivize
and
a
lot
of
different
patterns
with
the
platform
as
we're
evolving?
Our
projects
at
I
hope
that
answers,
but
those
were
good
questions
very
applicable
for
stuff.
We
talk
about
internally
on
a
design
level
right
now,.
B
F
B
So
if
we
could
just
quickly
come
off
of
mute
and
say,
thank
you
and
then
we're
going
to
do
a
mission
lead
session
following
this.
This
was
a
very
impromptu
session,
so
Christian
Sarah.
Thank
you
so
much
that
was.
It
was
packed
full
of
information
and
information
that
people
really
want
to
follow
up
with
you
on.
So
thank
you
so
much
getting
some
pings
yeah.