Many carbon offsets have been proven to be inaccurate, by up to 50% or in some cases 100% which means not all carbon offset and credit products should be considered equivalent. 🧵 (1/5)
Earthbanc is the first climate fintech company to partner with the European Space Agency to use Satellite and Remote Sensing AI to measure the actual amount of carbon in offsets projects such as forests, agriculture, solar, wind and efficient cookstoves. (2/5)
We developed the technology so that you can buy carbon offsets with confidence in the accuracy and precision of the carbon being claimed in the offset. (3/5)
At Earthbanc we’re setting out to neutralise climate change by empowering everyday people and businesses, to participate in bold and systemic climate action in order to protect life. (4/5)
Trees — both planting new trees, and protecting the forests that already exist — are one of the best ways to draw down carbon at gigaton scale, whilst also protecting the livelihoods of hundreds of millions of people and the habitat of rare wildlife.(5/5)
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Protecting and restoring forest, mangrove and wetland ecosystems is a critical part of systemic climate action. But their carbon storing benefits are only one part of the story. 🧵 (1/4)
At Earthbanc we support local communities by helping them monetize the carbon value of their forest homelands. This strengthens their livelihoods and incentivizes their continued protection of the forests. (2/4)
Your Earthbanc Protocol Plus plan protects some of the world's most prolific ecosystems, including mangroves in the Sundarbans, rainforests in Costa Rica and cloud forests in the Himalayas. (3/4)
Did you know that 20-50 billion mangroves, when taking seagrass recovery into account, is equivalent to 1 trillion terrestrial trees in terms of carbon drawdown? 🧵 (1/5)
That means a global effort to halt climate change would require up to 50-fold less trees than the proposed 1 trillion tree target from the ETH Zurich study. (2/5)
Restoring 20-50 billion mangroves could provide us with about 15 years extra time to draw down our emissions and reduce our ecological footprint in order to mitigate climate change. (3/5)
Ecosystems and trees store vast amounts of carbon. Protecting them from further deforestation and replanting new forests, is critical to addressing climate change. Join us in supporting farmers and communities to protect and plant! (2/4)
*Green finance for carbon removal*
We support the issuance of green digital bonds on blockchain, to remove carbon. Our finance supports projects for 20 years to ensure carbon removal is permanent, creating the impact required to reverse climate change. (3/4)