Corporate Forests initiative empowering companies to grow their own forests, while prioritizing economic and social impacts.
In Valencia, June 15, 2023 – ClimateTrade, a climate technology solutions company has announced the launch of its Corporate Forests, a groundbreaking initiative that offers companies a unique opportunity to grow their own forest and make a tangible impact on decarbonization efforts while offsetting their own carbon footprint. The project emphasizes transparency, addresses greenwashing concerns and upholds the integrity of the Gold Standard. By actively involving and empowering local communities in land and forestal management, ClimateTrade has prioritized the economic and social impacts of decarbonization, placing them at the forefront of this program.
As the world contends with the urgent need to address climate change and reduce greenhouse gas emissions, innovative solutions are emerging to combat the environmental crisis. Colombia, with its rich biodiversity and favorable climate conditions, provided the ideal location for the launch of ClimateTrade’s Corporate Forest initiative. As the initiative expands, they are looking forward to opening up the program to other global locations.
ClimateTrade’s launch is a groundbreaking move in sustainability practices. As the first organization to enable companies to grow their own forest, ClimateTrade empowers businesses to take direct responsibility for reforestation efforts and reducing their carbon footprints. This initiative signifies a monumental step towards a greener future, offering immense potential to combat deforestation and address climate change on a global scale.
“We are thrilled to introduce our new Corporate Forests program, which allows companies to not only offset their carbon emissions but also actively contribute to reforestation efforts. This program aligns with our mission to create a sustainable future, and we are excited to see the positive outcomes as companies take ownership of their environmental footprint and contribute to the restoration of our precious ecosystems.” said ClimateTrade CEO and Co-founder Fran Benedito
Transparency and Addressing Greenwashing Claims
ClimateTrade understands the importance of transparency in environmental initiatives. The Corporate Forests project goes above and beyond to ensure accountability and credibility. By actively engaging in independent monitoring and verification, the project provides transparent data and evidence of its impact, addressing any greenwashing claims that may arise. Companies can be confident in the legitimacy of their contributions to environmental sustainability.
Opportunities for Various Communication Angles
Participating companies in the Corporate Forests project have the unique advantage of various communication angles to showcase their commitment to sustainability. On-site visits to the forested areas in Colombia provide an immersive experience for employees, stakeholders, and customers, allowing them to witness firsthand the positive impact being made. These visits can serve as powerful tools for storytelling and educating others about the importance of reforestation and sustainability.
Gold Standard Integrity
ClimateTrade’s Corporate Forests adhere to the highest industry standards, including the renowned Gold Standard. This certification ensures the credibility and integrity of the project, guaranteeing that carbon credits generated through reforestation efforts meet rigorous environmental and social criteria. With over 13 years of experience in generating carbon credits, ClimateTrade is working with a trusted developer with a proven track record in decarbonization programmes.
Social Impact and Empowering Local Communities
The Corporate Forests project collaborates closely with the Family Agriculture Unit (Unidad de Agricultura Familiar), a local governmental initiative dedicated to promoting and supporting family farming activities in the country. By allocating parcels of land to individual families, the project empowers them to take ownership and control over their own piece of land, fostering sustainable agricultural practices and resource management. The initiative provides technical assistance, training, financial support, job creation and access to resources, enhancing the productivity and competitiveness of family farmers in Colombia.
Three-Pronged Impact: Responsible Consumption and Production, Climate Action, and Life on Land
The Corporate Forests project contributes to three crucial Sustainable Development Goals (SDGs): responsible consumption and production, climate action, and life on land. By enabling companies to grow their own forests, the project promotes responsible consumption by offsetting carbon emissions and encouraging sustainable business practices. It actively contributes to climate action by sequestering carbon and mitigating the effects of climate change. Additionally, by reforesting large areas of land, it supports life on land by restoring ecosystems, preserving biodiversity, and creating a sustainable habitat for various species.
Prepare for a Higher Carbon Price and Future-Proof your Organization
Participating in the corporate forest program not only contributes to environmental sustainability but also offers companies the opportunity to secure the best price for carbon credits while future-proofing their organization. When a company closes the deal on their forest contract they will lock in the current price of carbon credits, meaning they will pay a fixed price during the long-term.
As the price of carbon credits is expected to increase significantly in the future, engaging in reforestation efforts now allows companies to prepare for higher carbon prices, ensuring they remain competitive and sustainable in the long run.
Take Action Now: Join ClimateTrade’s Corporate Forests Project in Colombia
ClimateTrade’s Corporate Forests project presents an exceptional opportunity for companies to contribute to decarbonization, offset their environmental impact, and empower local communities. With its commitment to transparency, addressing greenwashing concerns, Gold Standard integrity, and social impact, the project offers a credible and impactful solution for sustainable corporate engagement while unlocking reliable access to voluntary carbon credits at a fixed price. By participating in this initiative, companies can demonstrate their commitment to responsible environmental stewardship, actively contribute to the achievement of SDGs, and make a tangible difference in the fight against climate change. Learn more about how you can pioneer with ClimateTrade and participate in the Corporate Forests initiative.
About ClimateTrade
ClimateTrade is a leading climate solutions technology company that uses blockchain to facilitate large-scale decarbonization. Their marketplace allows individuals and companies to offset their carbon footprint by purchasing verified carbon, plastic, and biodiversity offsets, as well as renewable energy certificates. With plug-and-play tools like API and Whitelabel, ClimateTrade streamlines integration for automatic carbon footprint calculations and encourages climate-positive products. They also lead in digital certification of carbon mitigation projects, revolutionizing carbon accounting and management.
