Terraformation gets $30M to fight climate change with rapid reforesting

Every startup is trying to fix something, but Terraformation is tackling the only problem that must matter to all of us: climate change. This is why it’s in such a big huge hurry. Its mission — as a “forest tech” startup — is to accelerate tree planting by applying a startup-y operational philosophy of scalability […]

Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting

UK-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects. The ratings are based on proprietary data sets it’s developed in conjunction with scientists from research organisations including UCLA, the […]

As concerns rise over forest carbon offsets, Pachama’s verified offset marketplace gets $15 million

Restoring and preserving the world’s forests has long been considered one of the easiest, lowest-cost and simplest ways to reduce the amount of greenhouse gases in the atmosphere. It’s by far the most popular method for corporations looking to take an easy first step on the long road to decarbonizing or offsetting their industrial operations. […]