The Kora is a financial instrument that rewards people and companies for performing a wide range of sustainable activities in order to fight climate change.
The Kora is a special currency that rewards people and companies for performing a wide range of sustainable activities in order to fight climate change.
Our collective behaviour is the main reason for climate change and we must take collective action now to reverse it. To incentivise behavioural change, we will reward sustainable activities with via Earth Loyalty Program - the Kora.
Climate change is everyone's problem and Kora's mission is to help you and everyone on our planet to create the critical mass for making the change.
In 2018, the Economist made a bold statement: “Humanity is losing the war against climate change”. Climate change is putting at risk not only our physical wellbeing but our wallets too. Despite efforts such as the 2015 Paris Agreement, most indicators are worsening. In 2015, the IMF estimated the cost of damage from fossil fuels at US$5.3 trillion every year. This is affecting everyone, including YOU!
In 2018, the Economist made a bold statement: “Humanity is losing the war against climate change”. Climate change is putting at risk not only our physical wellbeing but our wallets too. Despite efforts such as the 2015 Paris Agreement, most indicators are worsening. In 2015, the IMF estimated the cost of damage from fossil fuels at US$5.3 trillion every year. This is affecting everyone, including YOU!
It is often difficult to understand how our choices impact the environment because carbon emissions seem like such an abstract concept. Kora is a tool that will help you to track your impact on the planet through measuring sustainable lifestyle choices including mobility, energy and purchasing behaviour. While raising awareness Kora also rewards sustainable behaviour of its users. This way CO2 emissions are reduced combining both moral and financial motivation.
Kora wants to help you to better understand the effects of your choices so that you can make more informed decisions and learn about how you can make daily choices towards sustainability. You can then compare your progress with your own personal carbon saving goals, with your friends and with the collective action of your region or country. Share our mission with others so that we can work together to take responsible climate action.
The Kora is an asset-backed coin designed for low volatility and initially pegged to the Euro. It's made for everyday purchases, like coffee and croissants. The goal of the Kora is to be accepted by large economies such as cities, governments and corporations, eventually building a new type of economy - driven by sustainable actions.
1
Users perform
sustainable measurable activities
2
Kora mobile app
tracks users activities and gets data from the API partners
3
Kora company
verifies data and issues Koras to the user
4
Users receive Koras
in-app to spend on goods and services
5
Merchants accept Koras
and use Koras to pay suppliers, or exchange to their local currency
6
Governments accept Koras
for tax payments
Get in touch with us hello@kora.app