Environment Impact and Environment Effect Governance
World’s Indigenous population represents 5% of the world’s population yet occupies 25% of the land, and safeguard 80% of the world’s biodiversity. (World Bank video)
In many parts of the world including Papua New Guinea (PnG), logging of Primary Forests as well as a large proportion of asset intensive projects are causing devastating negative social, environmental and biodiversity impacts. These impacts not only directly affect indigenous land custodians but cumulatively they affect the entire planet’s ‘lungs’.
Traditionally, indigenous have been ‘compensated’ by those responsible; however, it has been clear for many years that much of the compensation has not been distributed as intended, and that what little does make it to indigenous often falls short of what they need. This leads to dissatisfied stakeholders and unsustainable logging and asset related projects.
In order to transition to a more sustainable world economy (e.g. UN-SDG), we need to implement rigorous new processes to measure, analyse, and report on offsetting the impacts on indigenous, forests, biodiversity (e.g. carbon emissions).
Monitoring such impacts using Traditional CSR (Corporate Social Responsibility) and current software is not possible. Using the traditional database storage methods, it is impossible to accurately determine the rate of deforestation in the region. Main reason is that the data-gathering to the forest area is considered prohibitively expensive and is disregarded by indigenous. Consequently far less than 1% of expected information is gathered! This is clearly inadequate.
Turning Indigenous into Actors Using Private Blockchain
By using the C5V.org’s private blockchain, built around the CSV (Creating Shared Value model), we enable Indigenous peoples, the forests and biodiversity they inhabit, to thrive, through Barter 2.0.
We do this by providing a way for historic landowners to barter credits (e.g. Carbon or C5V.org tokens) against high value commodities. This improves the environmental impacts (e.g. immutable proof of deforestation and reforestation impacts) as well as the social impacts (e.g. self-determined compensation in the form of utilities, medical suppliers and services, etc.). Data captured are validated in the community which accelerates forest coverage.
The advantages associated with meeting the existing challenges with the implementation of C5V.org’s private blockchain technology include the following:
- C5v’s private blockchain resides only on governed and approved private servers. It provides immutable data reinforcing data-credibility. It enables joint reporting, improves data quality by reviewing data dynamically between parties, enforces mutual agreement and consequently dramatically reduces the risk of corruption.
- Different stakeholders who contribute in Creating Shared Value will be rewarded via Smart Contracts/Tokens. (Smart contracts self-execute pre-agreed transactions based on the verification of event-data such as tree-density.)
- As such, there are no ‘middlemen’. Rewards are automatically bartered upon proof of agreed targets being met (verified by data gathered by Indigenous actors, mainly children, using for example “C5Vémon Go©”, hourly/daily replication via PnG’s world leading and affordable High Altitude Drones), and guarantee absolute transparency regarding their nature and distribution. Monitoring of how the rewards gets utilised can be configured.
- C5V.org’s intellectual property resides in Papua New Guinea. It originated from a locally owned startup called Source Pacifique “from and for South Pacific” which possess first hand forests and indigenous thrivability experience.
- C5v’s experience, the implementation of the c5v.org solution and the recommended processes for optimal biodiversity will allow TEP PNG to save on following aspects:
- Reduction of biodiversity data collection costs;
- Optimise the performance of the project’s biodiversity process;
- Prevention of errors in biodiversity data;
- Reduction of human resources and time spent on low value administrative tasks in support of the biodiversity work;
- The c5v.org solution can produce extensive statistics and Business Intelligence (BI) on the project’s biodiversity operations and expenses, enabling better decision-making on corporate programs and policies with the different stakeholders. This will improve dialogue between the different stakeholder engagements.
How It Works
C5V.org is an end-to-end software solution that facilitates stakeholder engagement, land access and biodiversity. C5V.org will configure the biodiversity and reporting modules.
C5V.org Platform – Current modules to implement & configure:
- Reporting: Progress, status, indicators; Flexible, real time, drill down, indicators centralised, standardised for stakeholders (e.g. regulatory agencies), location based.
- Biodiversity, Forest Monitoring: Mapping.
- Pre-agreed stakeholders who contribute in Creating Shared Value (CSV as the replacement of CSR) will be awarded certificates using Smart Contracts. Smart contracts self-execute pre-agreed transactions based on the verification of event-data (e.g. aid utilisation)
- CSR/CSV Certificates are provisioned and distributed through blockchain to stakeholders while keeping others informed (e.g. NGO, Local Government, Corporate Headquarters, Lenders)
- c5v.org’s private blockchain technology records everything, consequently all actions are accounted for (what, who, when). It provides immutable data which reinforces data-credibility. It enables verification, joint reporting, improves data quality by reviewing data dynamically between parties, enforces mutual agreement and consequently dramatically reduces the risk of corruption. The intelligence on the needs is coming from indigenous.
- CSR/CSV agreed goods and services are provided in installments via verifiable data gathered in real time (day/week/month/quarter) by the community. Traceability for stakeholders to follow where aid is going and adjust as information arises (e.g. supply of constructions materials to clans showing constructions progress).
- Private blockchain as a Service (PBaaS): includes User friendly menus (e.g. 1 click photo load), light hardware requirement (e.g. affordable smart devices, smartpen), energy self sufficient (e.g. solar chargers), light on telecommunication requirement (e.g. SMS), tiered virtual storage offering.