Ecofrontiers is a research and advocacy program led by Curve Labs to advance the potential of Web3 technologies in natural capital markets. Its first campaign and associated policy report, “New Frontiers in Eco-Capitalism,” will target environmental policy-makers, green funds, and academics to educate and improve the conditions for natural capital production at scale.
“Valuation is a social process, and accounting is a social practice… technological activists are gaining momentum in their mission to design and use digital technologies for a world beyond capitalism. In this future, people, nature, and things are… [valued] by their capacity to further human flourishing and account for planetary limitations…”
— Distributed Ledger Technologies, Value Accounting, and the Self Sovereign Identity, Sarah Manski (2020)
In early 2023, the White House unveiled its strategy to leverage natural capital assets to address environmental challenges and achieve sustainable development goals. Despite this growing public interest in natural capital, traditional approaches to natural asset production ultimately lack the means to fulfill key environmental mandates, such as improving the underlying material reality. The White House’s overall goal to put “nature on the national balance sheet,” shared by public institutions all over the world, is unsolvable without serious change to the production process of natural capital assets.
Ecofrontiers is a research and advocacy initiative that aims to redefine the institutional natural capital landscape by laying bare the critical capabilities that Web3 technologies possess that resolve these underlying deficiencies. Through its work, Ecofrontiers showcases the utility of Web3 as tools for a more efficient and transparent framework for the production, commodification, and utilization of natural capital.
Web3 technologies face much undue criticism and misconceptions in media and political arenas. Ecofrontiers seeks to dispel these doubts and provide clear signals about the positive environmental possibilities that Web3 unlocks. Ecofrontiers will lobby policy-makers with the aim to ignite concrete actions, including the redirection of green investment funding towards effective Web3 natural capital.
As an example, consider the €2.4b EU Modernization Fund. If only 5% were redirected towards Web3 environmental assets, this would represent an investment nearly 10x larger than the entire market cap of the Toucan Base Carbon Tonne — one of the most well known environmental assets in Web3 today.
The value of the voluntary carbon market has quadrupled since 2020, reaching almost US $2b in 2021. Web3’s environmental ecosystem is in constant growth since 2021. But Web3 is a complex, diverse, and new world: new environmental sector entrants often don't know where to start. They are overwhelmed by Web3’s myriad technical, social, and economic dimensions. Ecofrontiers’ publications will demystify Web3's radical potential for environmental impact for the next generation of impact-driven adopters.
To address the challenges posed by anthropocentric climate change, significant investment in effective natural capital is required. Institutions increasingly seek high-quality green assets, but a clear lack of effective institutional quality control leaves demand unmet. Ecofrontiers’ research will introduce the transparent, equitable, and efficient techniques and technologies needed to shift global markets, starting with the drafting of a taxonomy of natural capital assets and their performance potential.
Ecofrontiers is a collective action, and needs your support! Contribute to its mission through:
Financial Support: By sponsoring Ecofrontiers, you can help scale their advocacy efforts and make a lasting impact on natural capital production.
Network & Distribution: Help us reach key changemakers and raise awareness about the transformative potential of Web3 technologies in natural capital production.
Ecofrontiers is a research and advocacy program led by Curve Labs to provide theoretical frameworks and technical knowledge for accounting and representing natural capital crypto-assets.