This company develops and finances community-driven Nature-based Solutions (NbS) projects globally. They provide technical and financial support to deploy NbS that address climate and biodiversity loss. Their focus is on projects delivering triple-win benefits for climate mitigation, biodiversity enhancement, and local communities.
Funding
$620K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Ecosystem degradation and deforestation release significant amounts of greenhouse gases, exacerbating climate change and biodiversity loss. Current approaches often lack integration with local communities, hindering long-term sustainability and effectiveness.
Solution
Hummingbirds develops and invests in nature-based solutions (NbS) projects that focus on community-driven conservation and restoration to combat climate change and biodiversity loss. The company provides technical and financial support to local project holders, enabling the development of high-quality carbon projects. Hummingbirds focuses on forests, agroforestry, wetlands, and improved cookstoves, aiming to create triple-win solutions that benefit the climate, biodiversity, and local communities. The company also offers consultancy services to carbon project developers, providing expertise in carbon estimation, financial reporting, and impact assessment.
Target Audience
The primary audience includes corporations seeking to offset their carbon emissions through high-quality carbon credits, as well as local communities and project developers in need of technical and financial support for NbS initiatives.
Features
- Project development and investment in early-stage NbS projects, de-risking them for further investment
- Technical, financial, and managerial consultancy to structure projects compliantly with carbon certification standards
- Expertise in carbon estimates and modeling, cost optimization, and financial reporting
- Focus on projects with measurable benefits for Indigenous People and Local Communities (IPLC), including improved livelihoods and gender empowerment
- Commitment to projects that contribute to emissions reductions and sustainable management of ecosystems
- Emphasis on projects with measurable impact on threatened wildlife and biodiversity
- Support for improved cookstove projects to reduce deforestation and improve health conditions for women