Frequently Asked Questions
While we have a level of expertise in this area, we want to get as much feedback from a wider group of enthusiasts and experts before we launch anything. Therefore we want to build a subscriber group of enthusiasts who can help us to shape the model so that it generates the maximum benefit for the rainforest from the outset.
We have some innovative ideas on how we can use tech to attract funding and then, by minimising admin and bureaucracy, deliver the most of those funds to the forest floor. We are not in a position yet to share details of our solution.
On funding, initially a bigger portion of the funds raised will need to fund the start up so we will achieve just over 50% delivery but as we scale up this will climb closer to 70%.
Any progress will not be sustainable unless it is driven by the local or indigenous communities. We view these communities as the rainforest stewards and it would be our role to support them. As such the majority of our funding will be targeted at them.
Our priority is to protect and regenerate forest areas. This will obviously increase the sequestration capacity within the region. However there is an obvious benefit for the wildlife in 2 ways.
Firstly when an area of mature forest is cleared the wildlife is either killed or dispersed. Maintaining the mature forest maintains the wildlife but more importantly the ecological balance between the two.
Secondly in reforesting cleared areas our philosophy is to intervene as little as possible. We want the cleared areas to go through a ‘re-wilding’ process. In time the wildlife will return and will complete the process by re-balancing the ecosystem.
Reforestation is looking to rebalance and reinvigorate the carbon cycle by regenerating its principal pedal power, the rainforest trees.
In industrialised countries we cleared our forests thousands of years ago so that we could use the land for economic gain. This was firstly with farms and then following the industrial revolution with heavy industry which has been emitting large volumes of Carbon Dioxide (CO2) along with other Greenhouse Gases (GHGs) such as Methane (CH4) and Nitrous Oxide (N20).
Because we cleared our forests so many centuries ago, we believe this gives us the right to lecture the tropical countries on deforestation because they are now looking to boost their economies by clearing their forests in exactly the same way that we did.
We believe a more effective approach than pointing the finger would be to say thank you by rewarding them for maintaining their rainforests and financially incentivise them to reforest their countries.
Costa Rica has one of the most progressive approaches to the environment of all tropical countries. They have strict laws and tight controls on deforestation.
However, it is not only Costa Rica that deserves the support of the industrialised countries Therefore, we will start there and then look to scale up into other countries.
We believe that the global target should be to double the rainforest area. This would return the land coverage to that of the 1950’s.
Reports and studies vary in their estimates of carbon emissions. However, we feel that 40 billion tonnes of carbon (gigatonnes of carbon or GtC) emitted annually is about right.
It is viewed that of these emissions 26% are absorbed by the oceans, 28% by the rainforests and other plants and 46% is released into the atmosphere.
This puts annual rainforest sequestration at around the 10 GtC mark.
Sequestration is just a legal term meaning removal. Trees sequester/remove carbon from the atmosphere through photosynthesis.