Permagen develops high-integrity carbon projects across Australian rural land to sequester carbon and improve soil health. The company facilitates carbon farming solutions that generate passive income for landowners through verifiable offset creation. They connect these nature-based offsets with carbon purchasers and institutional capital seeking to enable a low-carbon future.
Funding
Funding not disclosed
Founders
Product
Problem
Many carbon offset projects lack transparency and verifiable impact, leading to concerns about greenwashing and hindering the transition to a net-zero future. Low-cost offset projects, such as avoided deforestation, may not deliver genuine carbon abatement or provide adequate benefits to local communities.
Solution
Permagen develops high-integrity carbon offset projects in Australia by partnering with landowners to plant native trees on underutilized farmland. These projects sequester carbon, enhance farm resilience, improve land productivity, and increase biodiversity, generating Australian Carbon Credit Units (ACCUs). Permagen focuses on projects with significant social and economic co-benefits, ensuring transparency and shared benefits for landowners and community partners. The company aims to accelerate the transition to a net-zero carbon future by bringing institutional capital and expertise to projects that might not otherwise be developed, offering corporate buyers reliable and high-quality carbon credits.
Target Audience
Permagen's primary customers include corporations seeking high-integrity carbon offsets to meet their net-zero goals, as well as landowners looking to generate passive income and improve land productivity through sustainable carbon farming practices.
Features
- Planting native trees on unused or low-value farming land
- Generation of Australian Carbon Credit Units (ACCUs)
- Focus on projects with verifiable carbon sequestration and biodiversity improvements
- Partnerships with landowners providing long-term stable cashflows
- Emphasis on transparency and shared benefits for all stakeholders