Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle to achieve verifiable and immediate climate compensation for their environmental impact. Traditional carbon offsetting methods can be complex, lack transparency, and may not directly address the urgent need for nature preservation and biodiversity enhancement.
Solution
Fossagrim enables businesses to achieve nature-positive climate compensation by preserving Norwegian forests. By protecting harvest-mature forests from clearcutting, Fossagrim provides a verifiable sustainability measure that yields quantified CO2 sequestration benefits and promotes ecological positivity. Fossagrim applies recognized models for forest growth to valuate biodiversity and CO2 benefits, offering businesses the opportunity to invest in projects that generate long-term value for forest owners, society, and the environment. This approach provides an immediate and scalable solution for businesses seeking to offset their residual footprints and contribute to nature preservation.
Target Audience
Fossagrim's primary customers are businesses seeking immediate, verifiable, and nature-positive climate compensation solutions.
Features
- Forest credit system based on preservation of harvest-mature Norwegian forests.
- Quantified CO2 sequestration benefits through avoided emissions and negative emissions.
- Valuation of biodiversity and CO2 benefits using recognized forest growth models.
- Project forests that provide co-benefits such as soil and water regulation, recreation, and human health.
- Verifiable sustainability measure for businesses seeking to offset their environmental impact.