Joining forces with KlimaDAO to offset our carbon footprint

Monday, May 29, 2023

Offsetting our carbon emissions with KlimaDAO

At Stakely, we are committed to fostering a more sustainable future in the blockchain industry. In line with this commitment, we have collaborated with KlimaDAO to offset our carbon footprint and work towards a more environmentally friendly blockchain ecosystem.

With our expertise in staking and our commitment to sustainability, Stakely is well-positioned to support the growth and sustainability of the blockchain space firsthand.

What is Carbon Offset?

Every time you travel by plane, drive your car, or use energy, you contribute to the emission of greenhouse gases, such as carbon dioxide, which contribute to global warming. These emissions are one of the main causes of climate change.

This is where carbon offsetting comes into play. Essentially, it involves balancing those emissions by investing in projects that reduce an equivalent amount of carbon elsewhere in the world.

How? Through tree planting, the use of renewable energy, the implementation of more efficient technologies, and carbon capture and storage. These projects can protect biodiversity, support local communities, and improve the air quality we breathe.

Impact of Carbon Offset

Carbon offsetting has many benefits and helps protect our planet. Let's take a look at some examples of the impact that large companies joining the green movement and offsetting their carbon footprint can have:

  • Emission reduction: By offsetting the carbon footprint, the total sum of greenhouse gas emissions contributing to climate change is reduced. By investing in projects such as tree planting or the use of renewable energy, the generated emissions are offset, helping balance the environmental impact.

  • Promotion of sustainability: Carbon offsetting promotes a sustainable and responsible mindset in companies. By taking responsibility for their emissions and offsetting them, companies demonstrate their commitment to sustainability and environmental protection. This is not only good for the planet but also enhances corporate reputation, attracting consumers and employees committed to sustainability.

  • Promotion of innovation: By committing to carbon offsetting, companies continue to seek innovative ways to reduce and mitigate their emissions. This can lead to the adoption of more efficient technologies, more sustainable production processes, and advanced climate solutions.

  • Responsible business leadership: Companies like Stakely and KlimaDAO can become inspiring examples for other organizations. By showing a genuine commitment to carbon offsetting, we demonstrate that it is possible to balance business growth with environmental protection. From here, we encourage other companies to take climate responsibility and take concrete steps to reduce their emissions.

In summary, carbon offsetting contributes to environmental sustainability, climate change mitigation, and fosters responsible business practices.

Collaboration between Stakely and KlimaDAO: Dayingjiang-3 Project

At Stakely and KlimaDAO, we are committed to this important mission. However, it is important to note that carbon offsetting is not the sole solution to addressing climate change, but it is a valuable tool. By combining it with source emission reduction and the adoption of sustainable practices, we can make a real difference in protecting our planet.

As part of our efforts to offset our carbon footprint, we have decided to retire 1,000 BCT (Blockchain Carbon Tokens) through KlimaDAO to directly support the Dayingjiang-3 project.

This is an exciting initiative that utilizes the resources of the Daying River in China to generate clean and renewable electricity. With an installed capacity of 200 MW, this project consists of four 50 MW hydroelectric power generation units.

The main goal is to avoid the burning of fossil fuels in electricity generation, which reduces carbon dioxide (CO2) emissions and contributes to the fight against climate change.

In summary, we chose the Dayingjiang-3 Project because it represents a significant step towards energy sustainability by generating clean and renewable electricity from the power of water. It also provides benefits to local communities by creating employment opportunities and economic prospects.

Stakely's ongoing commitment to the environment

It is essential to consider the indirect emissions associated with the technological infrastructure we use, such as servers and computer equipment. We must also acknowledge that carbon emissions associated with our activities and the performance of our roles as validators can be significant. That is why it is crucial to take responsibility for our emissions and seek ways to offset or reduce them.

Carbon offsetting through sustainable projects can be an effective way to balance our emissions and contribute to the fight against climate change. We hope that by following close examples like ours, other companies and organizations will join this mission and actively contribute to the protection of our planet. We are working towards building a better future for everyone!

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