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* Documentation update
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#Overview | ||
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At Sovereign Nature Initiative, our goal is to reconfigure the economics of ecology by finding ways to fund and expand projects that sustain life on our planet. Currently, most ecological stewarding projects are severely underfunded. Biodiversity restoration primarily relies on donations, funding from philanthropists, public institutions and other donors. The lack of a sustainable financial streams is estimated at approximately $700 billion per year according to the Convention on Biological Diversity Secretariat. Private voluntary contributions toward nature-positive efforts, also knows as “private investments in nature”, play a key role in addressing this funding gap. | ||
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We developed the Decentralised Ecological Economics Protocol (DEEP) together with the Registry for Ecological Asset Linking (REAL) to ensure that private voluntary giving is valuable, and eventually a key mode for contributing to restoration of biodiversity worldwide. Our protocol and interface allow us to effectively integrate data about ecological impact with the digital realm. This approach generates new funding streams while imbuing digital assets with tangible and real-life significance. Critically, our approach allows ecological stewards to market their work without impeding their on-site efforts, ensuring a harmonious balance between financial viability and biodiversity restoration. | ||
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Our work is guided by the following key propositions: | ||
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- breaking with the paradigm of donation: the value of biodiversity is integrated into digital products increasing their value in the digital economy by imbuing them with meaning in the age of digital overproduction; | ||
- verifiying impact through data: minimal access to the most relevant ecological field data used by organisations to monitor their progress and evaluate impact, with a digestible explanation of how the data is used to inform nature-positive strategies and actions; | ||
- selecting trustworthy partners: investing in projects of ecological stewards with a long and successful track record that operate on the ground and are guided by a holistic vision of sustaining live on earth for all species; | ||
- reducing the distance: developing meaningful and long-term connections between contributors and biodiversity practicioners lays the foundation for a large-scale socio-econmic transformation; |
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#PoCs | ||
# Proof of Concepts (PoCs) | ||
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## Sub0/AIMM | ||
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**Source of contribution:** Parity Technologies | ||
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**Funds raised:** 15.000€ | ||
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**Eco-linked derivative holders:** 3000 | ||
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AIMM, an ecological steward focused on the conservation of marine wildlife of Portugal's South Coast, is going to allocate the 15.000€ raised to further extend the operations of their ongoing Marine Research and Improvement of Tourism Activities Project. This Supported Project entails conducting 150 scientific boat surveys and hosting 15 workshops, talks, and webinars, with a completion target by the end of 2024. The Project's Objective is twofold: to publish a scientific paper on cetacean biology and ecology, and to partner with five whale watching companies in order to better monitor their compliance with existing regulations. AIMM's commitment to marine conservation and research, established in 2010, underscores its efforts to mitigate human disturbances like tourism and fishing, enhancing the understanding and protection of marine life, including bottlenose dolphins and minke whales. | ||
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## Moonsama/KWT | ||
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**Source of contribution:** Moonsama Community | ||
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**Funds raised:** 100.000€ | ||
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**Eco-linked derivative holders:** 400 | ||
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Founded in 2007, the Kenya Wildlife Trust (KWT) is committed to ensuring the long-term viability of predator populations in Kenya through data-driven research and community-supported conservation initiatives. The KWT's main goal is to preserve the ecological integrity of the Greater Mara ecosystems through the conservation of predators in the region, with a main focus on lion, cheetah and wild dogs population. Central to their work is the Mara Predator Conservation Programme, particularly its Lion Research and Conservation Project that the fund raised are supporting. This project's main objective is to conduct constant predator monitoring, including a dedicated three-month intensive period, and to address at least 75% of reported human-wildlife conflict cases by end of 2024. | ||
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## FPF/Hotel Hideaway | ||
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**Source of contribution:** Hotel Hideway Community | ||
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**Funds raised:** on-going | ||
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**Eco-linked derivative holders:** 148.000 | ||
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The Forgotten Parks Foundation (FPF), a non-profit organization committed to safeguarding national parks and biodiversity worldwide, focuses on the fauna, flora, and human communities within Upemba National Park and its surrounding zones. Facing challenges like poaching and habitat loss, their main goal is to protect and value national parks and ecosystems. The Ecological Contribution raised is allocated to support FPF’s Infrastructure and Security Development Project at Upemba National Park. Working with local partners and communities, this Supported Project aims to reach its Objective of monitoring 90% of the park and its buffer zones by 2030, a significant step needed to conserve and restore the Upemba’s diverse wildlife populations, ensuring the resilience of the habitats and the ecosystems they depend on. | ||
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## WalletConnect/Aquasearch | ||
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**Source of contribution:** WalletConnect | ||
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**Funds raised:** 14,500€ | ||
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**Eco-linked derivative holders:** 100.000 | ||
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Aquasearch, an organisation with expertise in environmental and oceanographic research, focuses on marine wildlife in the Caribbean. Confronting threats like human disturbances from tourist or commercial vessels, their primary goal is to protect and study marine life, particularly cetaceans. They are currently supporting a project to characterise cetacean populations in the Agoa sanctuary that aims to monitor cetacean migrations between Caribbean islands and conduct acoustic characterisation studies to understand their behaviour and reactions to anthropogenic disturbances. By the first quarter of 2025, they intend to influence regulations and policies governing commercial vessel approaches to cetaceans in the Agoa sanctuary. Leveraging bioacoustic research to non-invasively monitor and develop effective conservation strategies for these species the meeting of this objective will be measured by the amendments to applicable legislations. |
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