Clean Real-World Asset

Subtype

No asset of this subtype is currently listed on the Regen Atlas.

Definition: Clean real-world assets refer to the ownership of an investment in a renewable energy infrastructure.

Description

There is a strong case for the tokenization of renewable energy assets, as these assets hold potential to realize the clean money vision. Web3 offers generalized solutions—programmable accountability, interoperability, transparency by default—to the myriad issues that hamper renewable energy investment, a sector where regulation varies widely, contracts are not standardized, and due diligence is ripe with principal-agent issues. Architecturally, these investment issues parallel the architectural benefits that blockchain introduces to certain types of renewable energy systems, such as solar systems.

Example

GigaWatt was a decentralized protocol designed for the origination & management of renewable energy source backed credit facilities.

GigaWatt's goal was to enable investment in renewable energy infrastructure through blockchain-based debt financing. It aimed to the financing of profitable renewable energy sources by issuing asset-backed loans, with each project represented as a Renewable Energy Source NFT (resNFT), ensuring that the investment was directly tied to real-world, clean energy production.

Gigawatt