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Atmrix

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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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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

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

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

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

Our company has made significant progress in its first year, partnering with major forest project developers and closing deals with recognizable companies interested in carbon credits.

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

We aim to connect carbon offset buyers directly with forest projects, creating a marketplace for trustworthy carbon credits from restoration and conservation efforts.

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

Improved forest management practices can create incentives for biodiversity while optimizing for both carbon capture and timber production.