Placeholder Image

Subtitles section Play video

  • Estonian companies, Single Earth has raised millions of dollars to buy forests and wetlands to tap into a rapidly growing carbon offset market.

  • Digital Platform Connects landowners with Businesses Who will pay to preserve trees?

  • Why, it's a chance for investors to save the planet offset their carbon footprint on Do Make Money.

  • Co founder and CEO of Single Earth Merit Bald solu.

  • So the investors will have, like this perfect balance between helping to save the world, save the nature on, also get the financial returns on their investment So they will be earning money through selling carbon offset and biodiversity offset because these are the markets that are going to boom in the coming decades.

  • But they would also see the value of thes assets grow in the coming decades because the natural world around us is decreasing.

  • But it's the one resource that we all need to survive.

  • Forest management is a contentious issue in Estonia, around half of which is covered by forests.

  • In 2015, the government allowed clear cutting in some areas, which involves the chopping down of vast expanses of forest, including the tree trunks, and quite soon we realized that the only way we can actually make a difference is by combining financial feasibility into the equation.

  • So if it makes sense for landowners for the forest owners to switch their management methods, they are more likely to do that.

  • So that's why we wanted to build new alternative business models for them.

  • And carbon offset and biodiversity offsets are actually markets that are already functioning today, but they're not accessible to most forest owners and landowners.

  • Single Earth's initiative could be fertile ground, given the global carbon offset market is expected to grow to $200 billion by 2050 from 600 million in 2019, according to Baron Burg forecasts.

  • False, Alou said offset projects could not only generate a decent annual profit of 5% for investors, but also encourage landowners to leave trees standing.

Estonian companies, Single Earth has raised millions of dollars to buy forests and wetlands to tap into a rapidly growing carbon offset market.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it