Polygon has expressed its ambition to become climate-positive and carbon-neutral in 2022 through its plans called The Green Manifest: A Smart Contract with Planet Earth. Polygon has also pledged $20 million to offset carbon emissions to carbon negative.
Plans for a sustainable future include pumping more resources into ecosystem partners. It will also provide the financial resources and infrastructure needed for ecosystem partners who wish to offset the effects of carbon emissions. People can buy additional credits to convert carbon into negative.
The company plans to support NGOs that intend to donate in order to eradicate Climate change. The company announced that its Green Statement puts freedom above all the ethos of Web3.
Polygon promises funding and infrastructure
Polygon’s plans include promoting a more sustainable future through the resources provided to ecosystem partners wishing to reduce their carbon footprint.
The network also has plans to provide the necessary financial resources and infrastructure to ecosystem partners wishing to reduce their carbon emissions.
The company began working with KlimaDAO, the developer-controlled group that provides carbon offset technology. It is a carbon density measurement instrument. The purpose is to build a management strategy by studying emissions from bridging activities or storage of node devices and also the energy consumption achieved by connecting to the Ethereum Mainnet.
An analysis published by Polygon also revealed that 99 percent of emissions from Polygon are from bridging and checkpoint activities.
This statement by the company comes days after it worked on several vital developments that included a new identity verification platform powered by ZK (zero-knowledge) encryption.
This service is known as Polygon ID and it will help verify user information even while keeping the string private.