How do we accelerate impact projects that seek to change the world? How do we attract Impact investors, projects, and teams to Cardano?
This is the total amount allocated to Catalyst Impact Accelerator.
Cardano is one of the greenest and impact-conscious blockchains. Leveraging this advantage will bring in high-quality investors & projects.
Larger amounts of Impact-investment in Cardano, companies building impact projects on Cardano, and mobilization of impact networks.
Impact is a key element of the Cardano philosophy. The first sentence at Cardano.org is “making the world work better for all” and you can see this line in practically every video of Mr. Charles Hoskinson as well as many of the Cardano ecosystem activities.
Following fund 6 we have conducted the research matching Catalyst proposals with SDGs and the results were very promising. This research showed that 27.5% of the funded proposals directly connect to impact the United Nations Sustainable Development Goals (UN SDGs) and 68.5% indirectly connect to impact the SDGs. This is not a surprise as blockchain technology has the potential to have an impact on financial inclusion, governance, education, and other areas which comply with SDGs objectives.
Impact-driven businesses (or the transformation of the business to have a greater societal impact) are a major business strategy today. It has become a norm for large corporations, multinationals, and many small and medium-sized enterprises to have ‘Social and environmental’ focused departments, with such focus growing in importance for many stakeholders.
Many corporate financial reports show this growing trend. An example is Nestle’s 2020 annual financial report (the summary already includes some key relevant information), which highlights that Nestle’s internal stakeholders see climate and decarbonization, innovative business models, and digital technology as having a major impact on Nestle’s success: https://www.nestle.com/sites/default/files/2021-03/2020-annual-review-en.pdf
This is a huge opportunity for Cardano to maintain its leadership in philosophy, technology, and initiatives that support the growing number of government projects, investor sentiment, and company initiatives aiming to “make this world better for all”.
United Nations India says “A successful sustainable development agenda requires partnerships between governments, the private sector, and civil society.”
Collaboration and partnerships are key to achieving the SDGs by 2030. It is the avenue by which we co-produce impactful solutions to wicked problems. Creating a space for these collaborations to take place, and designing a new framework to receive qualified leads, will help the global society work towards the successful implementation of the sustainable development agenda which is so critical to our continued thriving on this planet.
To that end, this proposal is being submitted by many of the existing Cardano and Project Catalyst community impact networks who are coming together to form the Cardano Impact Collective. Join us here: https://forms.gle/6v2pJh7bZuLw37Tt7