And while many countries have pledged to curb carbon emissions, the reality may appear more daunting if humanity doesn’t take action.
Originally, the company planned to monitor the spread of a disease-causing pest, the Asian tiger mosquito, Aedes albopictus, by using its platform that runs on satellite imagery and artificial intelligence to identify water bodies where the pest bred.
The Software as a Service platform works by using a combination of satellite images from radar and atmospheric images to identify CO2 that has been removed from the atmosphere naturally, such as in forests where trees absorb the substance and produce oxygen.
The key bottleneck, Charny explained, is measuring that carbon “difference,” and due to the heavy demand for land use projects, knowing how much carbon is being added and later taken out of the atmosphere, can be an important part of combating climate change.
Some companies that emit high levels of CO2, such as airlines, feel as if it is part of their corporate responsibility to recorrect those wrongs, added Amsalem.
Deforestation is occurring at rapid paces all across Africa, South America, and Indonesia, and Albo has plans to embark on a separate project with developers in Africa to create green, hydropower energy solutions.
Its platform uses LiDAR sensors, radars, and cameras, as well as environmental science and AI to make predictions and calculations on how carbon is being removed from the atmosphere.
Someone in France could buy carbon credits from farmers in Ethiopia.” The company hopes to extend that to “micro-credits” as well — meaning even small land owners, or parks can receive monetary compensation for doing their small part.