Evercity

Evercity stands as an innovative blockchain-powered platform championing the cause of sustainable finance by modernizing and streamlining processes integral to green finance issuance and management. Established in Berlin in 2022, it aims to address key challenges in green finance, including issues of transparency, inefficiency, and greenwashing through the integration of advanced technologies. It employs blockchain technology, IoT sensors, and AI tools to automate, secure, and streamline the issuance and monitoring of sustainability financial assets, particularly focusing on green debt and carbon credits. Evercity enables stakeholders, ranging from institutional investors to SMEs and banks, to engage more effectively with sustainable finance, thereby increasing the accessibility and liquidity of impact investments across diverse economic regions. Through its strategic use of a decentralized autonomous organization (DAO), it further automates essential governance functions like voting and dividend distributions, all underpinned by its alignment with the United Nations Sustainable Development Goals (SDGs). The project uniquely integrates with the Polkadot blockchain, known for its energy-efficient Proof-of-Stake consensus approach, which grants Evercity the interoperability and scalability necessary for handling green financial instruments across chains. Its technological framework also includes an open-source sustainable finance protocol associated with the UNFCCC, tailoring solutions that lower operational costs while enhancing accuracy and efficiency in green finance asset issuance. The platform’s engagement with global entities, through partnerships and leadership roles in groups like the UN Climate Change Secretariat and the Climate Chain Coalition, consolidates its presence within the climate finance ecosystem. A combination of technology-driven solutions, Evercity not only aims to ease the complexity of green finance processes but also focuses on increasing accessibility, especially for SMEs and economies in development by providing tools that improve the liquidity and impact measurement of investments in climate-focused projects. By merging sophisticated AI-driven analytics with automated data collection from IoT devices and satellite imagery, it ensures precise matching between investors and projects, greatly enhancing investments' profitability and transparency.