CZero DAO is a project that contributes to substantial carbon reduction by gathering individuals who sympathize with the climate crisis issue. This project is a decentralized autonomous organization project that strives to contribute to carbon neutrality through initiative projects

Recently, a movement that leads to climate change, nature conservation, biodiversity protection, and a fair and sustainable financial system through blockchain/web 3.0 called Regenerative Finance (ReFi) is becoming an issue. CZero DAO is an Impact DAO organization based on this ReFi blockchain.

And the current CZero DAO 1st Carbon Neutral Initiative project is supporting the expansion (construction) of new and renewable energy power plants. Since it is creating social effects that are relatively easy to quantify, such as reducing carbon dioxide emissions, it is promising to incorporate social finance.

CZero is a name that combines the two words of carbon, C and Zero. It was born with the goal of carbon zero and greenhouse gas removal in the era of energy versus transition caused by the climate crisis. And a specific goal for this is the expansion of 100MWp renewable energy power plants.

Currently, the earth is facing a serious climate crisis due to global warming. Forest fire, cold wave, heavy snow, heavy rain, typhoon, fine dust... Now, we can't solve this climate crisis problem with passive actions such as reducing garbage, separating well, and reducing disposables. Now we need to achieve substantial and dramatic carbon reduction and carbon neutrality.

Now, many people know about carbon neutrality, carbon reduction, climate crisis response, and more. Most of these people also know that in order to solve the climate crisis problem, the economic and industrial structure based on fossil fuels that caused the climate crisis must be changed. But we don't know exactly how to practice it. In the future, CZero DAO will try to suggest the way and act together.

CZero connects blockchain technology with carbon neutrality and provides a platform that meets the needs of its customers. The power of one person is very small, but if many people come together, we can achieve the miraculous and great goal of carbon neutrality.

Initiative has the dictionary meaning of planning, autonomy, and initiative. Initiative refers to a group of companies in which major global companies belonging to each industry create autonomous norms called codes of conduct or guidelines in consideration of the characteristics of their respective industries, encourage mutual implementation, and cooperate. Also, within objectives and key results (OKRs), it also means specific plans and actions to achieve goals.

what is a carbon neutral initiative? At CZero, it refers to projects that must be carried out practically to achieve the goal of carbon neutrality. Projects allow us to hypothesize and act on goals and what actions will be required to achieve them. Carrying out an initiative does not guarantee that key results or goals will be achieved. Conversely, goals may be achieved even if the initiative is not completed. Currently, CZero DAO's carbon neutral initiative is the support of projects to expand renewable energy. The goal of CZero DAO is to contribute to carbon neutrality through the expansion of renewable energy power plants.

Currently, ESG-related initiatives are being created and implemented around the world. RE100 is a voluntary private initiative to procure 100% of corporate electricity consumption with renewable energy. CF100 (Carbon Free 100%), EV100 (Electric Vehicle 100%), and SBTi (Science-Based Target Initiative) are also initiatives.

Your purchase of Czero NFT leads to investment and construction support for new and renewable energy power plants. Although the project receives funding from existing institutional financial institutions, CZero DAO supports 30% of the construction cost of new and renewable energy power plants that are insufficient.

Both support decisions and funding are determined through DAO governance voting

All fund transfers are made transparently on the blockchain, and all power plant construction and funding information is disclosed.

It takes about 6 months to 1 year to build a solar power plant from permission to completion. If there are problems with tracks, development permits, civil complaints, etc., it may take longer or development may fail.