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FAQ
About Forest.io
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What is the purpose of our company?
Forest.io is a cleantech AI company that aims to protect our planet by disrupting the voluntary carbon market with transparent offsets. The driving force behind Forest.io's creation is the urgent need to support both businesses and local communities in their battle against climate change. Our unwavering commitment is to assist these key players in achieving a greener, more sustainable future for everyone.
How does Forest.io empower companies to combat climate change?
According to the Intergovernmental Panel on Climate Change (IPCC) under the auspices of the United Nations, achieving rapid decarbonization of at least 50% by 2030 is non-negotiable to avert catastrophic climate consequences.
The IPCC panel urges policymakers to implement rapid, deep and in most cases immediate greenhouse gas emission reductions. Attaining these ambitious goals requires both insetting and offsetting initiatives to even stand a chance against the challenges of climate change. However, numerous businesses encounter technological and other constraints that hinder further emission reductions. This is where carbon offsets prove invaluable, offering businesses an immediate solution to mitigate their carbon footprint. Our mission at Forest.io is to cater to these businesses with high-quality carbon offsets that genuinely contribute to the well-being of our planet.
How does Forest.io support local communities and NGOs?
We place equal emphasis on fostering the sustainable growth of local communities and businesses. Our efforts align with the 17 United Nations’ Sustainable Development Goals, covering areas such as poverty alleviation, access to decent work opportunities, encouragement of technological innovations and beyond. In fact, we have pledged to allocate 30% of our proceeds toward these vital initiatives.
Moreover, countries with rich rainforest habitation frequently lack the necessary resources and funding to safeguard and reforest vulnerable regions affected by illegal logging and other deforestation practices. By working closely with local governments and NGOs, we aim to make a tangible difference in the preservation and restoration of our planet's most precious ecosystems.
How does Forest.io plan to revolutionize the Voluntary Carbon Market?
The Voluntary Carbon Market holds enormous potential, with experts projecting the market size to increase 15-fold in just one decade. However, this rapidly expanding market needs a leader to pave the way and elevate industry standards. At Forest.io, our core values embody precisely what the carbon market needs to thrive: high-quality carbon offsets, transparency, and verifiability.
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