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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.

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YC

Diego Saez Gil - How Pachama Uses Tech to Solve Climate Change

@ Y Combinator

Diego Saez Gil - How Pachama Uses Tech to Solve Climate Change

01/29/20

Related Takeaways

DS

Diego Saez Gil

01/29/20

@ Y Combinator

Pachama uses remote sensing and artificial intelligence for verification and monitoring of carbon storage in forests, increasing project credibility and efficiency.

DS

Diego Saez Gil

01/29/20

@ Y Combinator

I realized that technology could enable reforestation and conservation solutions, leading me to start Pachama.

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

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

I advise those interested in working on climate change to apply to Pachama, but also to consider starting their own companies or finding roles in larger companies focused on climate initiatives.

DS

Diego Saez Gil

01/29/20

@ Y Combinator

Our goal is to facilitate funding for reforestation and forest conservation, as well as other nature-based solutions like restoring coral reefs and mangrove forests.

DS

Diego Saez Gil

01/29/20

@ Y Combinator

I discovered the potential of reforestation and forest conservation to capture carbon at scale, which is crucial for addressing climate change.

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.

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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.