In the absence of of a climate solutions round over the last two Gitcoin Grants iterations, Octant really stepped up to fill the funding void, with the help of Climate Coordination Network. All in all, more than US$500,000 was allocated to 20 projects. It's the kind of funding that makes a material difference.
As we like to do for climate solutions rounds, we conducted an analysis to better understand the projects involved, any donor preferences, and relevant trends. This time, we handed the baton to Trinity Morphy.
Here's one of the many interesting tidbits he uncovered. This one regards donor preference for Web3 vs. non-Web3 projects:
This round included a notable number of non-Web3-native projects, which initially led me to expect a funding bias in favour of Web3-native initiatives. However, the data suggests otherwise. Non-Web3-native projects received more funding on average—$29,255.18 from 114 donors—compared to Web3-native projects, which averaged $24,955.51 from 111 donors. Despite the minimal difference in donor count, non-Web3-native projects received approximately $5,000 more per project.
Read Trinity's full analysis👇
Trinity Morphy provides his analysis of the recent round by Octant and Climate Coordination Network.
Empowa is on a mission to transform the climate-smart affordable housing market in Africa through digital innovation. This latest announcement is an exciting next step. We hope the model can be replicated elsewhere.
A major milestone for Casa Real!
More developers will join over time.
We've recently added the following projects:
BigWater aims to boost good health and wellness on the planet by operating a global footprint of DePIN devices that encourage actions in support of sustainability.
Closer is the operating system for regenerative communities.
eSusFarm®️ is an agri-fintech that specialises in tracking and providing advanced agricultural statistical data to smallholder farmers.
Coala Pay is enabling better aid for everybody.
Chaîne Research is a non-profit org that develops software for climate action.
The Decentralized Food Security Network (DFSN) seeks ways to decentralise food security by using blockchain technology.
Búan is building a network of land owners optimising for biodiversity in perpetuity.
Ginakev Farms creates environmental and social impact and economic opportunities through sustainable and regenerative agroforestry.
Oxana is building an infrastructure layer for the climate economy.
You can see the full database of projects here:
A curated database of projects operating in and adjacent to the Web3 regenerative finance (ReFi) space.
We've also updated the Impact Feed to feature project updates directly from Karma GAP:
Teasing our plans for the next version of the ReFi Impact Dashboard
Visit us at to get more news, analysis, and data from the Web3 regenerative finance (ReFi) space.
The preeminent source of ReFi news, information, and analysis.
You'll also find our curated ReFi projects database and other ecosystem goodies.
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