2024: A Comprehensive Look at the Allinfra Climate Stack

We first announced the launch of our climate data platform Allinfra Climate in 2020 to help organisations better track and represent the environmental benefits of sustainable infrastructure or green projects.

Over the last four years, we’ve built on this idea and have continued to bring solutions to market that solve some of the biggest climate and reporting challenges across industries.

This has resulted in what is now the Allinfra Climate stack. But the goal of helping organisations achieve their sustainability goals has not changed.

Whether you have just recently learned about Allinfra or have been following our journey for the last few years, here’s an updated and comprehensive look at the Allinfra Climate stack today.

Overview: What is Allinfra Climate?

Allinfra Climate is an end-to-end, blockchain-based solution for the collection, storage and use of climate-relevant data. The platform enables organisations to use this data for ESG reporting and environmental financial product (EFP) creation – such as carbon credits, renewable energy certificates, forwards and other products that rely on environmental data.

From data collection to digital product creation, Allinfra’s tools can be implemented as a complete package or in a modular fashion.

Allinfra Climate: A Blockchain-Based Platform

The core Allinfra Climate platform combines blockchain, IoT, and other technologies to deliver a robust climate data tool that increases reliability, transparency and timeliness of climate data.

Why Blockchain Technology for Climate Data?

Prior to founding Allinfra, we identified a number of challenges in ESG reporting and the creation and use of EFPs:

1. Challenging processes for data collection – costly with lengthy and highly unpredictable timelines and the potential for human error.
2. The inability to permanently link data to financial products – making it more complex to verify environmental claims.
3. Potential for double counting – e.g. selling the rights to the same metric ton of CO2 avoided more than once.

A blockchain is essentially a digital ledger that is resistant to modification – it is secure by design. This is particularly helpful where transparent and traceable information is important – making it one of the best technologies for addressing the above issues.

From a product perspective, we saw the technology as enabling:

1. Data provenance – resulting in greater predictability, reduced time and cost, and vastly improved verifiability and auditability.
2. Permanently linking digital financial products to data – allows organisations to move closer to a more versatile system that doesn’t require trust of third parties, providing far greater optionality to project owners but still allowing for third party collection, reporting and verification where it is necessary or value-added.
3. The avoidance of double-counting – reducing the chance of multiple claims over the same underlying source data which allows for easy and efficient audit, and the avoidance of greenwashing accusations.

Multi-purpose Green Data Feed

The foundation of Allinfra Climate is its green data feed. The platform provides organisations a repository of verifiable, auditable data that can be used for sustainability reporting to stakeholders, ESG risk management or the creation of financial products.

Climate-relevant data can be ingested direct from source on an automated basis and stored privately. In cases where that’s not possible, it can be uploaded manually with the ability to assign third party verification.

And because Allinfra Climate is a blockchain-based system, climate-relevant data is trustworthy and tamper-proof.

Zero-Knowledge Private Data Rollups

While the inherent transparency of blockchains makes it an ideal tool for addressing data and transparency issues in environmental markets, there are also a number of situations that require privacy. For example, organisations still need to maintain a certain level of privacy around their data when sharing with third parties.

To bridge the gap between transparency and privacy, we introduced zero-knowledge private data rollups.

Zero-knowledge private data rollups allow for the reporting of aggregated granular private data while maintaining the privacy of that granular data. This is achieved through the use of zero-knowledge proofs, which allow for data integrity verification and data provenance without revealing any private information.

Key Product Features

1. Dashboard

We know that organisations are sitting on large amounts of climate-relevant data, often across numerous assets in different locations and need a better way to look at this information.

While Allinfra Climate data has always been available via API for easy integration into other tools and workflows, we announced a highly requested feature: Allinfra Climate’s dashboard and visualisation tool, designed specifically for asset owners.

The dashboard helps asset owners better understand and interact with data, cutting through the noise. This fully featured permissioned interface gives users the ability to observe meter, asset and portfolio-level data, recorded on Allinfra Climate’s tamper-proof system, in near real-time.

2. Dapp

For many organisations, EFPs such as renewable energy certificates or carbon credits play an essential role in reaching sustainability targets. However, creating, transferring and retiring these products has historically been inflexible, untimely and opaque. In the case of small to medium-sized companies, the costs of this process may even be prohibitive.

We launched a dapp to provide more flexibility to both the buyers and sellers of EFPs, allowing asset owners to custody their own product, and buy or sell directly with counterparties in an efficient, cost-effective manner.

The Allinfra Climate Dapp is a lightweight application that interacts directly with the blockchain with a user-friendly interface, making blockchain interactions seamless and intuitive.

For asset owners, the dapp means there is an easy way to efficiently and cost-effectively create, transfer and retire environmental attributes. For buyers of EFPs, the dapp allows for simple management of products, and the data transparency and verifiability they need to know if they are really achieving their sustainability goals.

3. User Defined Formulas

Some types of data, such as renewable electricity generated, are simple and straightforward to use – the kWh produced is collected from source and can be directly reported or packaged into vintages and used for the creation of renewable energy certificates.

However, when it comes to more complex KPI tracking and the creation of carbon credits or carbon credit forwards, incorporating a broader range of data points and additional layers of calculation is required.

To support these cases, we launched the User Defined Formula functionality. This functionality gives users of the platform full flexibility in customising formulas to calculate the specific KPIs or output data they need for both reporting and EFP creation.

For reporting, User Defined Formulas can calculate results from a wide range of inputs and factors, and across different use cases. Users can even generate on-demand reports directly from the platform. This provides stakeholders with a highly customised, granular and secured reporting system.

For EFP creation, organisations can set up their preferred underlying formulas or methodologies using User Defined Formulas, then use this output data to mint EFP tokens with Allinfra Climate. This means that our clients have an efficient method to create carbon credits and carbon credit forwards directly from source data – all within a single platform.

What are Allinfra Climate’s Main Use Cases?

From electric vehicles to transport and general industrial applications, the Allinfra Climate technology stack is industry-agnostic.

Sector-specific Applications

Renewables:

• Energy production monitoring and reporting
• REC creation (from source)
• Carbon credit creation (from source)
• EFP forward creation (from source)

Electric Vehicles:

• Battery usage and distance travelled monitoring
• Carbon credit creation
• REC matching for offset of energy use in charge

Real Estate:

• Monitoring of ESG and other portfolio/asset KPIs

Natural capital/ Sustainable agriculture/ Other carbon projects:

• Monitoring
• Reporting and verification
• Carbon credit creation
• Carbon forward creation

Shipping / transportation:

• CBAM calculation
• Operational monitoring

Oil & gas:

• Calculation of carbon footprint

Data centre:

• Renewable energy matching

Product-specific Applications

Green bonds:

• KPI creation
• Performance monitoring against KPIs
• Standardised reporting of performance against KPIs

Carbon credits:

• Digital carbon credit creation direct from source data
• Full dMRV functionality

RECs:

• Digital REC creation direct from source data
• Full tracking system functionality

Sustainability-linked bond/loan:

• KPI / performance metric definitions
• Performance monitoring against KPIs

ESG Performance:

• KPI / performance metric definitions
• Performance monitoring against KPIs

Track Record of Projects and Implementation

Here are some recent notable examples of Allinfra Climate projects and implementation across various use cases:

• Allinfra’s Technology Selected by NRI for Forest-Derived J-Credits
• Genesis 1.0: Allinfra Collaborates with BIS Innovation Hub
• BIS Innovation Hub Announces Successful Conclusion of Genesis 2.0
• Asia Clean Capital Vietnam and Allinfra to Create Digital RECs from Solar Projects
• First dREC™ on OpenSea with Allinfra Climate Dapp in Vietnam
• Ethereum Climate Platform

How Can Allinfra Help You Achieve Your Climate Goals?

Whether you are an organisation looking for a cost-effective, accurate way to achieve your goals or a green project owner, we can help. Get in touch with our team today for a demo.