Trending...
- Boston: SCHOOLS URGED TO REGISTER FOR THE BCYF SPELLING BEE
- Sidow Sobrino Announces 12th Album, "Seminal"
- Massachusetts Wins Proposal to Host Northeast Microelectronics Hub through Federal CHIPS and Science Act
First public use of Enkrateia's Lydion-powered data network facilitates Innovative Finance for National Forests grants for sustained impact
LOS ANGELES - BostonChron -- The Data Economics Company (DECO) and Gordian Knot Strategies (GKS) announced the deployment of Enkrateia's Traro tool in support of the $2.2 million Innovative Finance for National Forests (IFNF) grant program for 2023. The program is co-managed by the U.S. Forest Service (USFS) and U.S. Endowment for Forestry and Communities (Endowment).
IFNF announced eleven new grants for projects from California and Arizona, to the Great Lakes Region, Utah, and east to Maine. These partners and project developers are assessing, piloting or scaling work to connect public and private capital to unfunded environmental challenges in National Forests and surrounding landscapes across the United States. The awards represent the third round of funding from IFNF.
"In the same way we recognize the utility of a FICO score when it comes to taking out a mortgage or leasing a car, we really need a FICO score to predict winning climate investments and funding," said Penrith. "We have established this by improving the systematic rigor taken for screening of climate investment and funding opportunities. Scoring IFNF proposals on the seven critical elements of the Arch Framework - problem, payors, partners, practices, co-creation, data and measurement, and policy – helps achieve this."
More on Boston Chron
Enkrateia and Traro run on DECO's patented Lydion® Engine, software that facilitates the secure, private packaging, exchange, and productization of valuable data assets. Traro allows for the efficient and easy use of GKS' Arches Framework developed in 2021 to evaluate and improve the design of conservation finance projects.
The IFNF grant program promotes the development and implementation of innovative finance models that leverage private and public capital to enhance the resilience of the National Forest System and surrounding lands, and deliver commensurate returns to stakeholders.
GKS and DECO partnered with the USFS and the Endowment to support the 2023 round of the IFNF grant program, using the Traro screening tool co-developed by GKS and DECO. Free access was provided to Enkrateia's Traro application to help IFNF grant applicants identify and receive feedback on the seven critical elements needed to effectively design and implement high impact conservation finance projects.
When all elements are included, the Enkrateia platform facilitates go-to-market plans for organizational growth, program implementation, impact fund structures, carbon acquisition portfolios, conservation financing options, and domestic and international carbon policies.
"Data Economics – the value of data based on the outcomes it measures and utilities it enables – can be clarified by packaging data so its value is better understood, and can be transacted," said DECO Chief Product Officer and Managing Director Sirtaj Brar. "The IFNF program and Enkrateia are bringing better Data Economics to a market of intangibles that we need a better grasp of to solve big problems in the U.S. and globally."
More on Boston Chron
The Lydion® Engine, developed by DECO, is an operating system for decentralized applications. It powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets called Lydions. With Lydion-based platforms and applications, users can control, utilize, share, transact, and monetize their Lydions over private networks without losing ownership or control of the underlying datasets.
About Gordian Knot Strategies
Gordian Knot Strategies is a strategic problem-solving consulting company with a focus on natural climate solutions and expertise in climate finance, impact funds, and carbon markets, and has developed numerous go-to-market plans in these areas. GKS advises on impact fund structures, carbon acquisition portfolios, climate financing mechanisms, and domestic and international carbon policies. More at GordianKnotStrategies.com.
About The Data Economics Company
The Data Economics Company's mission is to pioneer and propagate the field of Data Economics by leading science and research; developing the mathematical, economic, and software frameworks and toolsets to power implementation; and continuing to advance commercialization of the Lydion® Engine. The Lydion® Engine powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets. More at TheDataEconomicsCompany.com.
IFNF announced eleven new grants for projects from California and Arizona, to the Great Lakes Region, Utah, and east to Maine. These partners and project developers are assessing, piloting or scaling work to connect public and private capital to unfunded environmental challenges in National Forests and surrounding landscapes across the United States. The awards represent the third round of funding from IFNF.
"In the same way we recognize the utility of a FICO score when it comes to taking out a mortgage or leasing a car, we really need a FICO score to predict winning climate investments and funding," said Penrith. "We have established this by improving the systematic rigor taken for screening of climate investment and funding opportunities. Scoring IFNF proposals on the seven critical elements of the Arch Framework - problem, payors, partners, practices, co-creation, data and measurement, and policy – helps achieve this."
More on Boston Chron
- Bitsight Named an Overall Leader in 2023 KuppingerCole Leadership Compass Report for Attack Surface Management USA - English USA - English
- SK Biopharmaceuticals' Proteovant Therapeutics Presents Preclinical Data on IKZF2 Protein Degrader Program and MOPED™ Molecular Glue Screening Platform at the 20th Annual Discovery on Target Conference
- Samuel Adams Just Unlocked Beer Lovers' Phobia: Cenosillicaphobia
- Jennifer Steffens, PE Joins Opti Software for Stormwater Solutions as Vice President of Marketing
- Massachusetts Selected to Host ARPA-H Hub as Part of Nationwide Health Innovation Network
Enkrateia and Traro run on DECO's patented Lydion® Engine, software that facilitates the secure, private packaging, exchange, and productization of valuable data assets. Traro allows for the efficient and easy use of GKS' Arches Framework developed in 2021 to evaluate and improve the design of conservation finance projects.
The IFNF grant program promotes the development and implementation of innovative finance models that leverage private and public capital to enhance the resilience of the National Forest System and surrounding lands, and deliver commensurate returns to stakeholders.
GKS and DECO partnered with the USFS and the Endowment to support the 2023 round of the IFNF grant program, using the Traro screening tool co-developed by GKS and DECO. Free access was provided to Enkrateia's Traro application to help IFNF grant applicants identify and receive feedback on the seven critical elements needed to effectively design and implement high impact conservation finance projects.
When all elements are included, the Enkrateia platform facilitates go-to-market plans for organizational growth, program implementation, impact fund structures, carbon acquisition portfolios, conservation financing options, and domestic and international carbon policies.
"Data Economics – the value of data based on the outcomes it measures and utilities it enables – can be clarified by packaging data so its value is better understood, and can be transacted," said DECO Chief Product Officer and Managing Director Sirtaj Brar. "The IFNF program and Enkrateia are bringing better Data Economics to a market of intangibles that we need a better grasp of to solve big problems in the U.S. and globally."
More on Boston Chron
- Boston: Affordable Homeownership Opportunity in Dorchester
- Boston: Latest Updates from the Mayor's Office of Housing: September 22, 2023
- Massachusetts: Governor Healey Creates Commission to Accelerate Siting and Permitting of Clean Energy Infrastructure
- The Luxe Team at Dale Sorensen Real Estate Brevard Presents 100 Ocean Condominium in Melbourne, Florida
- Boston and Providence Wendy's Celebrate National Coffee Day with Free Coffee ALL WEEK LONG
The Lydion® Engine, developed by DECO, is an operating system for decentralized applications. It powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets called Lydions. With Lydion-based platforms and applications, users can control, utilize, share, transact, and monetize their Lydions over private networks without losing ownership or control of the underlying datasets.
About Gordian Knot Strategies
Gordian Knot Strategies is a strategic problem-solving consulting company with a focus on natural climate solutions and expertise in climate finance, impact funds, and carbon markets, and has developed numerous go-to-market plans in these areas. GKS advises on impact fund structures, carbon acquisition portfolios, climate financing mechanisms, and domestic and international carbon policies. More at GordianKnotStrategies.com.
About The Data Economics Company
The Data Economics Company's mission is to pioneer and propagate the field of Data Economics by leading science and research; developing the mathematical, economic, and software frameworks and toolsets to power implementation; and continuing to advance commercialization of the Lydion® Engine. The Lydion® Engine powers secure, private Lydion Data Vaults that enable people and companies to package and productize their data as valuable digital assets. More at TheDataEconomicsCompany.com.
Source: The Data Economics Company
Filed Under: Business
0 Comments
Latest on Boston Chron
- Museum of Science, Boston and Big Sister Association of Greater Boston Partner to Bring Free Museum Admission to Girls and Mentors
- Boston: Affordable Homeownership Opportunity in Roxbury
- HubSpot Named a Leader in the 2023 Gartner® Magic Quadrant™ for B2B Marketing Automation Platforms for the Third Consecutive Year
- New Study Finds Wide Disparities in Bicycle Safety Across U.S. Cities
- Free Archery Classes for Adults and Teens in Boston
- Boston: Mayor Michelle Wu Appoints Mary Skelton Roberts to the MBTA Board of Directors
- Gaslight Studios Announces Acceptance Into Maestro Management Consulting Consortium
- Wellsboro, Pennsylvania Named Ninth Best Fall Town in the U.S. for Foliage
- Actionstep Acquires North American Legal Accounting Platform Soluno
- Boston: October is Italian-American Heritage Month
- RelyMD Bolsters its Telehealth Platform with Mental Health Services via CuraLinc Partnership
- Announcing INVIDICUM, the latest novel by Michael Brodsky
- Live Good Inc. Celebrates Diversity and Unity: A Beacon of Progress in the Spirit of Crissy Field, Angel Island and the Buffalo Soldiers
- Knobull Makes Sure That Job Seekers Stand Out In The Crowded Market
- AMERICAST Provides PreCast Pads to Charge Stations
- Boston Area Oom Yung Doe Martial Arts Schools Host the Master Level Teaching Team
- Massachusetts: Governor Healey Orders Statewide Maternal Health Review to Ensure Equitable Care in All Communities
- Massachusetts: Healey-Driscoll Administration Secures More Than $108 Million for Train Corridor Improvements Between Springfield and Worcester
- Sheila Stubbs Taylor of Detroit music royalty is "Chasing" on new single
- Sidow Sobrino Announces 12th Album, "Seminal"