Purpose, Mission, Goals
Our purpose is clear: to establish a state-of-the-art, 100% renewable energy facility. This initiative is strategically designed to bolster microgrids in remote and vulnerable regions, ensuring access to a clean and reliable energy supply. Through this project, we aim to drive innovation while highlighting the critical role of sustainability.
Our mission revolves around fostering sustainability, promoting social justice, and championing innovation. We are dedicated to:
- Mitigating greenhouse gas emissions and promoting racial equity.
- Fostering community connectivity and addressing environmental justice.
- Pioneering innovative and sustainable energy solutions to support remote and isolated townships.
- Empowering rural communities with clean and resilient power solutions.
Governance and Leadership
The Project Steering Committee will develop a governance framework outlining decision-making processes, reporting structures, and the roles and responsibilities of its members.
Steering Committee: Composed of key project stakeholders, including representatives from indigenous communities, academia, and industry, responsible for decision-making and oversight.
Directors: Provide industry expertise, community engagement, and oversight.
Offering next-gen sustainable governance through responsible investing frameworks, transparent reporting and regulatory compliance, Project DARP - Decentralized Asset Responsibility Protocol - has been selected to support the functions of:
- Secretary: DARP's back-office autonomous agents will maintain project records and ensure regulatory compliance.
- Responsibility Board: DARP members will validate outcomes and issue IFGG coins rewards request. Coins can be used to purchase services on DARP.
- Advisory Council: DARP's experts in sustainability, transportation, renewable energies, waste management, and indigenous community affairs will provide guidance and oversight.
- Controller: DARP's middle-office autonomous agents will be responsible for verifying portfolio assets, monitoring valuations and validating financial reporting.
Workforce Development
During the first 18 months, the project is expected to create approximately 35 jobs, including a Clean Energy Production Team, Infrastructure Enhancement Team, Climate Adaptation and Disaster Risk Reduction Team and, an Empowerment Team. The Program will prioritize qualified workers and graduates from marginalized and vulnerable groups including Indigenous, Hispanic, Veterans and foster youth.
Allocation (USD)
- Clean Energy Research and Development: $1,500,000
- Infrastructure Enhancement Projects: $1,800,000
- Climate Adaptation and Risk Reduction Initiatives: $700,000
- Empowerment and Community Outreach: $500,000
- Net Positive Site and Facility Development: $7,500,000
- Green Hydrogen Plant: $12,000,000
- Outreach and Community Engagement: $200,000
- Administrative and Legal Expenses: $300,000
- Other Operational Expenses: $2,500,000
- Miscellaneous and Contingency: $500,000
Targets and Milestones
Throughout the first 18-month period, the Project Steering Committee will provide oversight, make strategic decisions, and ensure the project remains aligned with its goals. Ready Player Institute may become eligible for receiving IFGG coins by demonstrating Quantified Positive Outcomes in underserved communities.
General Outputs:
- Deeper understanding of critical barriers to improved ocean thermal, wave action, and tidal action energy system performance.
- Expansion of clean energy generation advancing understanding of electrochemical processes.
- Enhancing resilience and reliability in the hydrogen and biofuel energy delivery system.
- Development of advanced fuel cell systems.
Projected Outcomes:
- Reduction of energy disparities greenhouse gas emissions.
- Simultaneously combating climate pollution and enhancing resilience to climate change impacts.
- Diversification of energy supply in remote and isolated areas overly dependent on fossil fuel.
- Creation of sustainable jobs and economic opportunities for vulnerable communities.
- Grid power resilience benefits for households and businesses located in remote and isolated areas.
- Global reduction in energy demand, environmental pollution and shipping cost.
- Increase local access to national and international trades.
Comprehensive Reporting
Regular reporting is vital to ensure transparency and accountability. We will provide donors, government partners, and higher education institutions with detailed updates on project progress, financial accountability, and impact assessment. Our commitment to open and honest reporting is integral to building trust and sustaining partnerships.
Region: Global South
SUMMARY
In summary, the Ready Player Institute’s fundraising campaign is more than just a monetary ask; it embodies a resolute commitment to a sustainable, equitable, and resilient future for vulnerable communities. With your support, we can translate this vision into reality, curbing greenhouse gas emissions, empowering communities, and pioneering a cleaner, more sustainable future for generations to come. Join us in shaping a brighter future. Together, we can transform underserved communities sustainability landscape.
About Ready Player Institute
The Ready Player Institute is dedicated to advancing sustainable development and empowering historically underserved and underrepresented communities. Our commitment is deeply rooted in addressing socio-economic disparities and providing pathways to economic resilience and prosperity. Your support will play a pivotal role in shaping a sustainable and prosperous future for these communities.
General Questions
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