Built for Global Impact. Committed to Sustainability.

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Our Mission

We’re committed to being the greenest blockchain. Algorand was built as a green blockchain with an environmental impact focus from the very beginning. Built on an open-source, carbon-negative network, Algorand sets the industry standard in sustainability to combat CO2 emissions for a greener today, tomorrow, and future.

Algorand is now carbon-negative through its minimal emissions and proactive carbon offset approach. In efforts to do more, The Algorand Foundation was created to bring awareness to the impact of blockchain technology on our planet and to create a permanent sustainable solution.

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Our Impact Focus

The Algorand Foundation supports entrepreneurs and institutions committed to using the Algorand Green Blockchain to advance environmental sustainability, economic inclusion and opportunity globally.

Our primary impact verticals:

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Financial Inclusion

Financial Inclusion

– as defined by the World Bank – means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.

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Social Impact

Social Impact

We define Social Impact as those efforts to address social injustice and challenges, included, but not limited to efforts by organizations and individuals  to tackle things like racial inequity, hunger, poverty, and homelessness.

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Environmental Sustainability

Environmental Sustainability

According to the United Nations (UN) World Commission on Environment and Development, environmental sustainability is about acting in a way that ensures future generations have the natural resources available to live an equal, if not better, way of life as current generations.

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Financial Inclusion

We support those entrepreneurs and organizations working to expand access to financial services for the 1.7 billion people in the world who are currently unbanked.

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Social Impact

We partner with institutions and entrepreneurs who are committed to using the Algorand Blockchain to address income inequality, poverty, and other social issues.

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Environmental Sustainability

We support solutions using the Algorand Blockchain to address climate change and other environmental challenges in order to help protect the earth today and for future generations.

“the idea that blockchain progress necessarily comes at a cost for the environment is just the dystopia of the uninformed.”
Silvio Micali, Founder of Algorand
Why is the Algorand Blockchain Sustainable

Why is the Algorand Blockchain Sustainable?

Sustainability is rooted in Algorand’s Pure Proof-of-Stake Protocol (PPoS).

Each final transaction on Algorand uses roughly 0.0000004 kg of CO2, in contrast, a Bitcoin transaction emits 338 tons of CO2. In total the Algorand Blockchain uses the energy equivalent needed to power about seven houses for one year.

Algorand offsets its carbon usage  by buying carbon credits through smart contract.  As a result it is guaranteed to remain carbon negative on a net basis.

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Why Impact and Inclusion?



The Algorand Blockchain exists because its founder, Silvio Micali, believed that he could build a better, faster, more reliable, more secure, greener, and more sustainable alternative to the existing layer one blockchains. This emphasis on sustainability is woven into the fabric of the Algorand Foundation and serves as our true north.

The Impact and Inclusion vertical at Algorand is the clearest manifestation of that ethic. By focusing on financial inclusion, social impact, and environmental sustainability, we believe that the investments we make can shape a more just and equitable future.

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Impact and Inclusion

As blockchain technology is seen more and more as a tool for financial inclusion, social impact, and environmental sustainability, the Algorand Foundation is committed to supporting those entrepreneurs and institutions committed to using the Algorand Green Blockchain for social good.

For far too long and for far too often, new technologies that have held the promise of greater inclusion or have held the promise of reducing an ever-increasing economic divide, have been used not as instruments to serve the greater good, but as new means by which the benefit falls to the few and not the many. With the advent of Web 3.0, The Algorand Foundation is dedicating itself to making sure that the most marginalized people on Earth benefit from the promise of true inclusion and greater equality that this technology holds.

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Investments and Advocacy Partnerships

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Race Against Climate Change: Envision X Formula E Series

Race Against Climate Change: Envision X Formula E Series

Together in action, Algorand Foundation and Envision Racing are teaming up to pave the way for a greener future in dedication to promoting a cleaner earth. The ‘Race Against Climate Change’ sustainability programme helps amplify the fight against climate change and accelerate the movement to zero-emission.

Eight exclusive NFTs from the Formula E race cities in 2022 were made available to purchase on Algorand, with all proceeds going to the Sustainable Chain Campaign in efforts to plant trees in the Madagascar forest. Algorand Foundation has taken the Envision pledge, now it’s your turn.

Take the Pledge