The Problem
30% of global CO2 emissions are caused by deforestation and forest degradation.
- United Nations Environment Programme
Nature-based carbon offset credits can provide the economic incentive for local peoples to choose conservation and forest growth over other land use decisions. Nature-based carbon offset credits can also provide additional value:
Carbon Sequestration
Sequester carbon to combat climate-change as a key component of corporate net-zero strategy.
Life & Biodiversity
Protect life and biodiversity contained in the primary forests of the world.
Economic Support
Provide economic support to peoples and communities most impacted by climate-change.
The Challenges
The quality of nature-based carbon offsets face can vary significantly. The primary challenge is the validity of the carbon sequestration claims behind the offset credit, but there are many additional challenges to producing the highest quality offset credits:
Authenticity
Nature-based carbon offsets face numerous challenges and their quality can vary significantly. The primary challenge is the validity of carbon sequestration claims.
Leakage
Displacement and leakage occur when deforestation moves to other areas outside the carbon credit project.
Technical Challenges
Technical and logistical challenges are complex.
Additionality
Baseline criteria for nature-based carbon offsets is to show net positive carbon sequestration as a direct result of the financed project.
Risks
Poorly designed and managed carbon offset projects are rife with risks from increased fires, pests, or create dead zones devoid of life and biodiversity.
Deep Data
Sourcing high-fidelity environmental and social impact data to authenticate impact claims is expensive and time-consuming.
Duplication
Duplication occurs when different offset credits make a claim to the same carbon sequestration.
Economic Impact
Projects fail to account for local peoples and their social or economic impact, especially indigenous communities whose well-being can be directly linked to forests.
The Solution
Druid.green leverages the Druid Chain to facilitate investment into nature-based carbon credit projects that produce the highest quality carbon offset credits year-over-year. By utilizing deep environmental monitoring and community engagement technology, Druid.green goes much further than simply registering existing offsets on a blockchain.
Stewardship
Druid.green facilitates financial incentives to support local stakeholders as stewards of their forests.
Management
Druid.green supports effective sustainable management of projects.
Deep Monitoring & Reporting
Druid.green leverages sensors (Satellites, IoT, Mobile) for capturing data in real-time and machine learning to monitor and report real-world conditions of nature-based assets (carbon sequestration, forest growth, social feedback).
Druid Chain is a next generation blockchain that sources, records, and reports critical environment, social, and governance data to support the creation of the highest quality carbon offset credits.
Real-time Data
