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DS
Diego Saez Gil
01/29/20
@ Y Combinator
We aim to connect carbon offset buyers directly with forest projects, creating a marketplace for trustworthy carbon credits from restoration and conservation efforts.
Video
YC
Diego Saez Gil - How Pachama Uses Tech to Solve Climate Change
@ Y Combinator
01/29/20
Related Takeaways
DS
Diego Saez Gil
01/29/20
@ Y Combinator
Carbon credits are given to projects that reduce emissions or recapture carbon, but less than 2% of carbon market funding goes to forest conservation.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
The lack of trust in carbon offsets stems from a history of transparency issues and insufficient data, which we aim to address by digitizing the carbon credit process.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
Corporations, particularly regulated energy companies, are the primary buyers of carbon offsets, with countries also purchasing at scale. Many companies are taking responsibility for their carbon emissions and striving to become carbon neutral, as sustainability is now a key part of their value proposition.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
We are transforming carbon credits into digital assets that can be traced online, ensuring transparency in how credits are issued, calculated, monitored, and traded.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
One hectare of full-grown forest can contain about 200 tons of carbon, and we aim to present carbon offsetting in relatable terms, like protecting soccer fields of forest.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
The main issue hindering forest restoration is the lack of incentives for landowners to participate in carbon markets, despite the market's growth of 50% year over year since the Paris Agreement.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
There are four main types of forest projects: conservation, improved forest management, reforestation, and afforestation, each with different approaches to carbon capture.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
Pachama addresses the lack of funding for reforestation by utilizing carbon markets, where companies can compensate for their CO2 emissions.
DS
Diego Saez Gil
01/29/20
@ Y Combinator
To certify a forest project for carbon credits, it can take two years and cost between $100,000 and $400,000, which is inefficient and limits project availability.