Driven by the clear deficit of effective global efforts to shape the conversation on social, governance, and environmental impact in practical and actionable terms, and a strong demand signal from governments, companies, and civil society worldwide, the World Economic Forum, in collaboration with CoinDesk, launched the Crypto Impact and Sustainability Accelerator (CISA).
It will: (1) Accelerate progress around energy, social, and governance (ESG) targets for the crypto ecosystem. (2) Bridge gaps in understanding between the public and private sectors. (3) Shape a cohesive narrative that highlights how the crypto sector can lead in contributions to ESG. (4) Connect the dots with disparate, but related efforts within the ecosystem.
The Accelerator will achieve its mission through mechanisms designed to address current gaps: (1) Projects: Deliver multi-stakeholder projects that develop open, collaborative mechanisms that could: create common standards in areas such as ESG metrics; ethnographic research, provide funding for accelerating existing initiatives and/or creating hackathons or development funding opportunities; and expand training and certification programs. (2) Learning: Capture lessons from projects, drive peer-to-peer learning globally and across sectors, and amplify key insights, tools, and lessons so that relevant stakeholders can engage in ongoing iteration at scale in a multi-chain ecosystem. (3) Leadership: Create impact opportunities for global leaders to seize, secure commitments to do so, and scale the impact of leading efforts. Elevate the importance of prioritizing social impact as a strategic driver of crypto.
This initiative brings together and builds upon the World Economic Forum's work in ESG Metrics, Blockchain & Digital Assets, and Global Public Goods.
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