# Gitcoin Climate Case Study By [ElephantDog](https://paragraph.com/@marimcmillan) · 2022-09-19 --- Gitcoin Climate Case Study: SEPTEMBER 2022 ------------------------------------------ ![](https://storage.googleapis.com/papyrus_images/d774efdd5005c56eeb5c2036e219559b8f2cef1f264230e1980d7ff992eea4ab.jpg) ### ReFi DAO - Synopsis ### Refi DAO facilitates bringing together talent and capital to the climate crypto space. They’re a network layer that's moving to coordinate people towards action, as opposed to deploying capital directly towards carbon projects on the ground.  The community consists of a number of ReFi entities including: * 11 Founders Circles with 70 Founder participants * A podcast currently in Season 2 * RefiDAO.com, a database of approximately 200 Refi projects  * A Refi roundups newsletter published weekly * ReFi jobs helps those in the climate and regenerative finance find jobs * ReFi Spring with the objective of funding 50 ReFi events across the globe in a calendar year. In short, ReFI DAO serves as an ecosystem system accelerator. Their slogan is “Accelerating impact for people and the planet”. How does ReFi DAO measure GHG reductions? ----------------------------------------- While there's no way for ReFi DAO to directly measure how much greenhouse gasses it has reduced, the projects that they’re working with are directly financing critical infrastructure to build scalable carbon projects.  What impact has Gitcoin had on ReFi so far? ------------------------------------------- “It gave us massive confidence to go out at full speed and fully commit ourselves with all the buzz around our project.  Gitcoin has been absolutely fundamental to our work.” - John Ellison, co-Founder ReFi DAO Gitcoin enabled the founders of ReFi DAO to accelerate their growth exponentially and helped the founders go full-time. They even received a surprise $10,000 donation in the first three days of their grant round from an anonymous member. They’ve now helped over 72 founders find their space in the movement.  ![](https://storage.googleapis.com/papyrus_images/92689dd951613c268e6d0ecbcfe8fc4e64fe058eff26444879ccf843de91de14.jpg) How the Funds Have Been Allocated So Far ---------------------------------------- They raised US$93k in GR14 and have about $61k in reserves. They’ve paid salaries, contributors to help with content creation and, moving forward, some funds will be allocated to the protocol.  About the Podcast ----------------- According to the founders, the ReFi DAO’s podcast is about to hit 17K subscribers at the time of this writing, up by 2,000 from the previous week, so it’s been a hockey stick growth curve and encouraging to see. The podcast is reaching a growing audience of good people and new investors are coming into the space because of it.  They’ve been able to have guests like [Verra](https://verra.org/project/vcs-program/) at the exact time in which they announced their public consultation.  The ReFi DAO podcast  hosts events twice a week in multiple time zones and (Portuguese and Spanish). This helps reach people from the Global South and serves to get the story of regenerative economics out into the places where it's most needed.  Next on the Roadmap ------------------- Next on the roadmap is scaling up the community and using various content streams (the aforementioned weekly newsletter, jobs, podcast, online workshops) and supporting longer term education.  ReFi also has an eight-week fellowship with an open source curriculum, with a pool of mentors that are supporting founders. Additionally, there’s a group of venture capital investors who deploy funds in ReFi and are forming an investor circle. The goal is to share what they see ase gaps in the climate finance space and ultimately, to invest in founders in the ReFi ecosystem. ReFi has also built a shared comprehensive data set that multiple projects are using to map the impact web3 space.   The applications ReFi DAO is building are stewarding this towards building a knowledge graph of nature-based solutions, renewable energy, health, anything climate-related to expedite the knowledge curve for anyone entering the space or needing a bird’s eye view of the climate finance space. HOW TO GET INVOLVED ------------------- Follow ReFi DAO on Twitter and join the [@ReFiDAOist](https://twitter.com/ReFiDAOist) community. If you're a founder and investor or a contributor looking to get into space, you can reach out to ReFi DAO for an invite to get involved. \*\* \*\* --- *Originally published on [ElephantDog](https://paragraph.com/@marimcmillan/gitcoin-climate-case-study)*