Happy new year 2023
Happy new year! We hope you and Carbon Reduction Initiative will have a great 2023!
Introducing Carbon Bonds
Carbon Reduction Initiative was founded in April 2020 with the goal of addressing Bitcoin’s environmental impact through an innovative new methodology to be approved by Verra. We have come a long way, having our concept methodology note approved, writing a methodology, revising a methodology, revising a methodology again but we are still in the review…
Happy new year
Wishing every day of the new year to be filled with success, happiness and prosperity for you!
CRI Discord server
Good to see a few new people joining the CRI Discord server recently, welcome to our community! Please be aware that we don’t yet widely advertise our Discord, and please don’t expect to see much activity on here apart from the occasional update of our behind-the-scenes progress, we have a lot of activity that goes…
CARI Acceleration!
Counting down. Big announcement at 19.30. Expect it will be first of many over the next few months. five minutes to go four minutes three minutes two minutes one minute CARI Acceleration! When CARI was designed the first year was conceived as a testbed to iron-out any potential issues before we were exposed to wider…
CARI listed on Flits mobile wallet
A priority of Carbon Reduction Initiative is to make crypto accessible and easy to use for those who might not be so tech-savvy or who are new to the crypto space. There is much to do to achieve this, but one recent step we are excited to announce is our listing on Flits Mobile Wallet,…
Carbon Reduction Initiative Business Plan Updated
An updated version of our CRI Business Plan is now available for download.
Second investment round open
With the exciting news of Verra accepting the Carbon Methodology Note, and with the reduced risk that this entails for the rest of the certification process, we can now open our second investment round. We will be limiting the investment slots, as we have done previously, to raise the funds we need to progress through…
Christmas has come early at Carbon Reduction Initiative
The Team are proud to announce the achievement of a momentous milestone: our Concept Methodology Note (CMN) has been accepted by Verra with resoundingly positive feedback! This is a world first, no other cryptocurrency has achieved this in the real-world carbon economy! Basically this means the foundations of our idea have been reviewed by the…
CRI Financial Update – November 2020
While we continue to wait on Verra for approval of the CMN, it’s time for an update on CRI Finances, brought to you by our CEO: Our funds are currently £12,380 in cash, approx. $5k in BTC and $30k prepaid to the carbon credit consultants (net of their expected charges). Costs incurred so far are…