Spirals Partners with the Climate Collective to Maximize Grant Potential

Spirals is proud to announce our partnership with the Climate Collective to magnify their climate impact, bringing humanity one step closer to realizing a future that sees nature as sacred.

“Thus, what we observe to be happening in the world says as much about ourselves as it does about the world. It reveals what we think is important, significant, valuable, and sacred, and what is irrelevant or useless too. Put another way, what we see reveals how we see.” — Charles Eisenstein

The Climate Collective is an expanding coalition of companies, born out of the Celo blockchain ecosystem, collaboratively working to build a trusted and liquid market for high-quality Digital Environmental Assets. They accelerate impact through convening, partnering and funding projects and infrastructure to unlock verifiable climate action at scale. The Climate Collective includes the biggest names in ReFi including Toucan, Flow Carbon, Celo Foundation, and Thallo.

Spirals is building regenerative design into the infrastructure of the new economy by unleashing dormant funds. Spirals functions similar to a green savings account where interest is directed towards climate impact projects ranging from closing orphaned oil wells in the U.S. to building a regenerative bioregional economy in Colombia. Anyone using Spirals decides which climate projects receive funding with full transparency around the impact they make.

Using Grants For Climate Action

The Climate Collective is providing grants to organizations working at the intersection of climate and web3 in the Celo ecosystem. Grant funds are disbursed in blocks when organizations reach predetermined milestones. As a project advances, the outstanding grant funds passively remain in a treasury.

Now, through a partnership with Spirals, these funds can be put to use earning yield for additional climate funding. Staking dormant grant funds through Spirals enables them to be converted to Green cUSD (gcUSD) to passively fund more climate projects.

Climate Collective staking the first wave of grants through Spirals this morning!

We’ve designed Spirals to be inclusive. Climate Collective will be able to direct funds towards high-impact projects in the Collective itself, generating additional resources for the organizations they already support.

With the Climate Collective staking, Spirals is now removing the equivalent of 1000 tons of CO2 every year!

Projected Community Impact with Climate Collective

Let’s Make Climate Impact the Norm!

We want the new economy to be built on virtuous rails. With Spirals, any protocol, DAO, validator, or grant program can seamlessly transform into a climate impact funding machine without cost.

If you represent a web3 organization, reach out! We’d love to work with you to integrate Spirals to make your project regenerative by design as well.

To being environmental guardians,

The Spirals Team ❤

Photo by Erik Packard on Unsplash