BUILT GREEN
Algorand was built as a green blockchain with a focus on environmental sustainability from the very beginning. With its unique consensus mechanism, Algorand is far more energy efficient than other blockchains and is going further by offsetting its minimal carbon footprint, making it truly a carbon neutral blockchain.
CARBON FOOTPRINT
In 2022, the estimated carbon emissions associated with powering the Algorand blockchain were 286 tons of CO2, approximately 3x less than emissions associated with Ethereum1 and 300,000x less than Bitcoin2.
CARBON OFFSETS
Algorand regularly offsets its minimal carbon footprint by purchasing carbon credits through the ClimateTrade marketplace. This year, it neutralized emissions by investing in the Evergreen REDD+ Project situated in the Apuí Municipality, which currently has the 10th highest municipality deforestation rate in Brazil, making it a priority area for forest conservation worldwide. The on-chain transaction can be found here.
SUPPORTING OUR ECOSYSTEM
Algorand has been a go-to choice for a number of unique projects around the world that share its commitment to sustainability.
URECA
Demystifying carbon offsetting and expanding access for people everywhere to build their own climate investment portfolios.
PlanetWatch
Incentivizing global citizens to track pollution levels in their area, which helps policymakers pinpoint pollution hotspots and identify ways to reduce emissions.
Disaster Services Corporation Society of St. Vincent de Paul
Bringing the speed and efficiency of blockchain to natural disaster survivors in the US with a wallet that can instantly deliver vouchers for food and other types of relief.
Quantum Temple
Forging regenerative economic opportunities for ancestral communities impacted by forces like climate migration, tourism, and conflict.
TRAM
Rewarding users for making sustainable behavioral changes – such as walking more or driving an electric car – with tokens that can be traded for goods, services, crypto, or fiat currency.
Wholechain
Enabling organizations to track and verify global supply chain events, bringing transparency and coordination to previously fragmented systems.
ClimateTrade
Utilizing blockchain technology to facilitate large-scale carbon offsetting in support of sustainable projects worldwide.
Envision Racing
Driving innovation through sustainability in the global “Race Against Climate Change.”
Agrotoken
Tokenizing agricultural commodities like corn and wheat, enabling farmers to operate more economically sustainable businesses.
“Algorand takes a proactive approach to blockchain sustainability by deploying an environment-friendly consensus protocol and focusing on providing green blockchain solutions.” - Founder Silvio Micali
Become part of the solution by building on the world’s most innovative, climate-friendly blockchain network today.