Iroko Analytics develops a data-driven monitoring platform that identifies and co-develops high-impact reforestation projects in sub-Saharan Africa, focusing on native species restoration to enhance biodiversity and community benefits. The platform addresses the supply shortage in the voluntary carbon market by ensuring the integrity and measurable impact of carbon credits through rigorous site selection and local partnerships.
Funding
$120K 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
The voluntary carbon market faces a supply shortage of high-quality carbon credits due to concerns about the integrity, measurability, and scalability of reforestation projects, particularly in sub-Saharan Africa. Many projects struggle to deliver promised carbon removal and lack verifiable community and biodiversity benefits, deterring potential investors and customers.
Solution
Iroko Analytics addresses the carbon credit supply shortage by developing a data-driven platform that identifies and co-develops high-impact reforestation projects in sub-Saharan Africa. The company uses data to select sites with demonstrated legality, security, ecological potential, and community readiness. Working with experienced local partners, Iroko Analytics streamlines project development to rapidly scale access to project finance and customers, ensuring projects deliver measurable carbon removal, community benefits, and biodiversity restoration. The company's approach transforms project development into a scalable, engineered process, benefiting governments, local communities, carbon credit customers, and project financiers.
Target Audience
Iroko Analytics targets governments seeking to meet reforestation and climate goals, local partners and communities seeking access to carbon finance, carbon credit customers seeking real and measurable impact, and project financiers seeking scalable and ethical projects.
Features
- Data-driven site selection using demonstrated legality, security, ecological potential, and community readiness.
- Co-development of projects with experienced local partners, ensuring community benefits and biodiversity restoration.
- Focus on native species reforestation to revive and enrich biodiversity.
- Streamlined project development process to rapidly scale access to project finance and customers.
- Monitoring and verification of carbon removal, community benefits, and biodiversity impacts.
- Flagship project in the Ndélélé Communal Forest in Cameroon, restoring 5,000 hectares of degraded tropical forest.
- Development of new projects in Kenya and Guinea-Bissau, totaling up to 50,000 hectares.