Sungura Mjanja Refi's goal is to combat climate change by reducing greenhouse gas emissions through eco-friendly means. By planting both fruit and forest trees using an agroforestry model, the project creates long-term income streams for the local community while promoting biodiversity growth.

SMR's revenue-sharing approach incentivizes smallholder farmers to protect the project's longevity, creating a sustainable model for carbon sequestration. Additionally, the project utilizes web3 technology and tokenized digital carbon credits to provide a transparent and inclusive model for carbon sequestration, addressing the complexity and inaccessibility of the carbon credit market.

As a core infrastructure for web3 climate solutions, SMR aims to facilitate investment in nature-based solutions and incentivize the reduction of greenhouse gas emissions. The Gitcoin grant will enable us to validate SMR's Sungura Mjanja Refi Carbon Standard (SMRCS) and implement a Digital Monitoring Reporting and Verification (DMRV) solution to ensure the accuracy and transparency of carbon sequestration data. This will further support the rebalancing of the global climate and contribute to achieving key Sustainable Development Goals.