Sustainable finance company Likvidi on Thursday announced a strategic investment and partnership deal with Israeli startup Albo Climate.
Through the partnership, the two firms have launched ‘Veriforest’, a new global digital registry forestry platform, to enable small and medium-sized projects to access the carbon offset markets.
The carbon credit market has been inaccessible to such landowners due to high transaction, monitoring, and reporting costs that have discouraged their participation.
The global digital registry forestry platform, therefore, removes barriers preventing small landowners and midsize forest administrators from accessing the carbon offset markets. The platform will make it possible for millions of such landowners to commit themselves to sustaining their land's legacy for future generations.
Albo Climate applies AI to satellite imagery to map, measure, and monitor carbon sequestration and scale-up carbon removal.
Agriculture and forestry activities are sources of...
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