Shopify purchases carbon offsets from reforestation company DroneSeed – The Business of Drones

DroneSeed’s reforestation initiatives are financed by the generation and sale of carbon offsets in partnership with Element Markets, an environmental commodities company dedicated to the rapid deployment of carbon reduction products and services.

EFM manages the stewardship of 120,000+ acres and is a natural climate solutions investment firm that is both majority woman-owned and a minority-owned B Corp.

Historically, the majority of forest carbon offsets have been generated from projects protecting mature forests, while carbon offsets have much more rarely been an effective tool for financing the high up-front costs of reforestation.

DroneSeed reforests using a combination of emerging technologies like aerial drones and longstanding forestry practices, provided by its subsidiary greenhouse grower and seed processor Silvaseed.

We’re achieving this by following CAR’s protocol and putting a legal easement on the property, entrusting the easement to a state-accredited land trust, and as part of project costs creating an endowment with the land-trust to fund enforcement and monitoring of the easement and ecosystem health for a century.

Projected to get significantly worse, a 2021 cooperative assessment by state, federal, private and non-profit entities strongly recommended expanding seed supply and greenhouse growing space for trees at a national level.

As interest in carbon offsets surges, demand for removal-based carbon offsets is rising because of the urgent need for more financial incentives for carbon-negative activities.

Acting as a one-stop-shop for reforestation, DroneSeed provides a wide range of reforestation services to get forest restoration projects up and running in weeks, not years; these services include seed collection, seedling cultivation, aerial drone-based seeding, and carbon offset generation.

The goal of the Fund is to assist companies that are proving, scaling, and commercializing climate technologies for massive impact in the long term.

About Element MarketsFounded in 2005, Element Markets is a leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to corporate and institutional clients.

About EFMEFM invests in natural climate solutions across the Americas to create long-term financial value and enduring environmental and social impact.

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