This is a treasury proposal whose proposer address (12xN7mWGsVxZoMthabMG8CE35tSohaxuEQ2msxVvQ9jiFNPs) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

Hello everyone,

This proposal is submitted by three Polkadot teams: Bitgreen, Sequester, and Evercity, detailing a common good collaboration to measure and report the collective carbon footprint of the entire Polkadot and Kusama networks, and offset their emissions with carbon credits from within the Dotsama ecosystem. It builds on the pre-existing W3F grant issued to Sequester to develop a pallet to translate parachain treasury funds into tokenized carbon credits. The following proposal resolves a prerequisite to determine a methodology, set of measurement parameters and reporting standard to measure the electricity consumption and approximate emissions of each participating parachain with real-time periodicity and verifiable accuracy. The final deliverable will be an open-sourced dashboard and the launch of the treasury-to-carbon credits pallet. Several parachain teams have committed to backing referendum on their local chains to adopt this functionality, and are excited to integrate it pending governance approval including Acala, Astar, Interlay, Bifrost and Kilt.

The Dashboard and initial audit are scheduled to be finished by sub0 in November with the Sequester and Bitgreen parachain colaboration early Q1 2023.

Please see the document for details: 
[https://docs.google.com/document/d/19mGYD10uWB8SXwJeqdgRe8o5VayaVYnnVvPkm_TtjPw](url)

Adam & Dennis CEO and CTO, Bitgreen

Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

# <weight>
- Complexity: O(1).
- DbReads: `Proposals`, `Approvals`
- DbWrite: `Approvals`
# </weight>

#271 Greening the Polkadot Network – Step 2 (Network Carbon Audit)