ReFi users also often value safety over experimental services with potentially high returns, and prefer knowing who they’re dealing with over prizing anonymity. For example, ReFi projects may implement KYC measures and screen https://www.xcritical.com/ users, instead of being completely permissive and open. Precisely these safeguards and identity checks make actors outside of Web3 more comfortable with using ReFi applications and services, which in turn helps speed up mass adoption, and makes ReFi more accessible and inclusive. A regenerative economic system actively works towards restoring and replenishing natural resources and ecosystems, instead of exploiting them for short-term gains. It prioritizes creating sustainable and equitable prosperity for all, while preserving the planet’s natural resources.

Exploring spatial patterns of urban brownfields regeneration: The case of Brno, Czech Republic

The only samples they had ever taken were convenience samples in easy-to-access locations, after which those measurements were simply extrapolated to the entire area for the issuance of carbon credits. Better data can then be used to develop novel and alternative financing models that are not solely dependent on donations and carbon credits for driving regenerative finance nature conservation and regeneration. ReFi aspires to tackle such issues and support polycentric governance solutions that function on a supra-national level and facilitate global coordination by unifying local communities and the global community in their efforts. In this context, Mindel et al. (2018) explored the concept of polycentric governance and its application to digital data as an information commons.

The financing of urban regeneration

By building on the theoretical foundation laid by previous generations, innovators in ReFi are working to create a regenerative economic system that prioritizes the well-being of all life and the planet. The goals go beyond reducing net carbon emissions to zero, but to actually removing carbon from the atmosphere (hence the term ‘regenerative’) amongst other ecologically positive aims. As finance use cases in Web3 continue to evolve, there is one relatively new concept called Regenerative Finance (ReFi) that is gaining significant traction. This combines Decentralised Finance (DeFi) with positive social-economic and environmental goals – such as removing carbon dioxide from the atmosphere.

A novel public-private-people partnership framework in regeneration of old urban neighborhoods in Iran

This period can cause yield variability as the soil ecosystem adjusts to new practices, alongside capital outlays for specialised equipment. We still have a long way to go, but these projects are mission-driven and determined to build through the bear market because, after all, our planet knows no bull or bear, except actual bulls and bears, of course. But the blockchain enables a broad, sweeping wave of creativity; dozens of ambitious ReFi founders are bringing regeneration to the forefront of community and consumers in compelling ways beyond simply distributing carbon. They are incentivizing individuals and orgs to shrink their own carbon footprint and those of their communities. Infrastructure tools are loosely defined as data products, protocols, and adjacent tooling that support carbon suppliers and core blockchains in distributing carbon to the application layer. In essence, the price of a ton of carbon is derived not from the creation of a ton of emissions; instead, it is based on the value of the positive externalities derived from the removal of a ton of carbon emissions.

• We classify Web3 as a set of design principles that are adopted by a strong community of individuals around the globe.
• And it’s pretty hard to change someone’s belief system once it’s wired in.
• Copyright © 2023 Schletz, Constant, Hsu, Schillebeeckx, Beck and Wainstein.
• In general, ReFi aims to create economic systems that enable harmonious interactions between humans and natural ecosystems.
• The authors also examine the theory of regenerative economics and CPRs to encourage further discussions and advancements in the ReFi space.
• In turn, the centralization strategy scales up the appropriators by forcing them to act in harmony to avoid the outpacing of the natural replacement rate by the withdrawal rate.
• ReFi can be considered the real-world, Web3 application of Regenerative Economics theory.

But then, suddenly, that idea that it’s already nice to have a case study of this size, and that has global significance, but when you put it into the context of using this as an exploration of how tourism can become the flywheel, the motor for the transition. Not for the final output, but for the transition of re-regionalizing production and consumption, and building the healthiest structures at the local scale, and doing ecosystems restoration work, then this little island suddenly could have global significance. And what we need to do is, so there’s going to be interrelationships between all of those projects.

This selection of case studies shows that there is an investable pipeline, ready to be scaled. It also demonstrates that there are opportunities for everyone to engage and invest. However, we know this list will keep growing, and there are many more practitioners who will be keen to share their story. To this end, we are launching a year-long case study campaign to collect more stories and display them on our website, for everyone to access. “DLT-based regulatory systems dynamics,” in Proceedings of the Annual Hawaii International Conference on System Sciences, Maui, HI, January 3-6, 2023. The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.

In this article we’ll explore the regeneration imperative and four key approaches for moving toward regenerative outcomes, with examples of companies that are enabling them and putting them into practice. Sustainable businesses focus on minimising negative impacts on the environment and society while maintaining current levels of resource use. They embrace sustainable practices like reducing emissions, using renewable energy, recycling, ethical sourcing, and fair labour practices. The outcome is often maintaining the status quo or slowing down degradation. Sign up to the “Finance for a Regenerative World” white paper series to receive your download of the first white paper.

And one of the things I learned about complexity science and working in complexity is that we… and this is, again, something that is sacrilege in the business community, but we need to accept that we cannot manage complexity. Allan Savory likes to say, “We need to learn to dance with complexity.” And of course every CEO believes that their job is to manage their company in a complex context. And so we set up KPIs, and we set up all this stuff, and we end up failing to actually manage complexity. And it comes back and bites us in the form of a black swan event or whatever. My interest is sort of ‘who I am’, to get in my little rowboat, and row out into the fog, and try to make sense of all this, and then sort of report back. And I’m not trying to build a career or build fame being the leader who speaks at World Economic Forum and gets the most applause.

Real Organic provides the transparency that is often lacking in the marketplace and educates eaters about farming practices that will provide for a healthy future. Paul Shoemaker is a consultant, author, podcaster, speaker and social impact leader. He currently serves as Executive Director of Carnation Farms — a community-based hub for regenerative food and agriculture in Carnation, Washington, that educates and empowers the work of culinary, food and farming professionals. One challenge many conventional farms face is one-time conversion costs andinvestments — i.e. all the infrastructure they’ve built and the way they’vemanaged their farm was built for a conventional business model. There is significant federal funding and private grants available tofacilitate some of those costs; but regardless, conventional farming today is avery low (if any)-margin, price-taker business model vs. trying to build abetter-margin, price-maker economic model.

And yet think about the probably billions of dollars of foundation money that went into the Green Revolution, and are still going into the Green Revolution. And so that’s essentially how… It was just this search for, not an answer to that question, but a pathway to navigate away from that conclusion that brought me onto this path of living systems and ultimately the regenerative paradigm. Large estates and institutional land portfoliosFor those invested in large estates and institutional land portfolios, consider how these entities can implement regenerative practices at scale.

Blockchains offer a secure and public way to store and share information across a network of computers. Once information is added to the blockchain, it can’t be altered or deleted by anyone — that’s why people often say that blockchains are a “tamper-proof storage of data”. Regenerative Finance (often shortened to ReFi) is a transparent, accessible, and inclusive alternative to traditional financial systems. We’ll explore the basics of ReFi, and look into what it can mean for individuals and businesses. The evolution of Impact DAOs is allowing individuals to directly impact social and environmental causes close to their hearts without needing to be part of a large investment fund or organisation. This directly reflects the incredible innovation within the space, which itself is growing drastically.

But to guide our, what Brian called appropriate participation in that wholeness, we need a science of qualities as well as a science of quantities. And so I really like you reframing the principles, which for me have always sounded a little bit too hard, to something much softer, but actually much deeper. You’ve read some of my work and you know that I’m a bit obsessed with questions much more than answers.

KlimaDAO, for example, tokenizes “real-world carbon assets” to create a transparent and efficient blockchain-based market exchange. A ReFi ecosystem consists of a combination of technological and traditional processes that interact and shape each other. Decentralized governance serves as the overarching system that intersects both information transparency and accountability. The academic literature underscores the crucial role of information transparency in enabling effective governance by granting stakeholders access to accurate and timely information, thus facilitating informed decision-making and reducing information asymmetry. Moreover, transparent information serves as the foundation for holding individuals and organizations accountable for their actions and outcomes, thereby cultivating trust and legitimacy within governance processes.