Forestmatic

Submission date 16 de mayo de 2022 Founders Mattia Curmà Development location Padova

Detailed project

NB: this form is filled entirely by the ones submitting the innovation.

What is the issue addressed?

Tree growth and survival are key to obtain ecosystemic effects. Only 18% of ecosystem restoration programs and nature based solutions, are subject to any sort of monitoring. Sustainable Development Goals are not met and ecosystem services provided by forests are not directly paid for.

How is the problem solved?

A data-driven digital application connecting corporate and businesses with global nature-based solutions, using proof of planting and proof of growth to drive, results, transparency and reliability, while financially rewarding these activities to the direct beneficiaries: local communities.

What is the customer target?

B2B market - 1) Corporate directors, title in Sustainability, ESG or CSR, with the ability to proactively decide feasibility. 2) Marketing specialists/directors that wants to generate PR interest. Decision maker with yearly budgets.

How is this solution different?

We capture all trees with a dedicated mobile app shortly after planting for proof-of-planting, and monitor their growth over time for proof-of-survival. Captures are stored in an open-source digital ledger, unique IDs are assigned to every tree. Our data-driven dashboard track various KPIs, including CO2 sequestration. We use visual recognition & ML models to produce indicators such as species.