Sylvera

Using current quantification techniques, it is not possible to provide accurate and regular data on the performance of forestry projects, which leads to issues with corruption, fraud and uncertainty. This leads to significant financial and reputational risk for corporates purchasing offsets and makes it hard for high quality forest projects to secure fair prices and low cost finance at large scale.

By providing a quantitative sequestration audit trail and associated risk ratings, Sylvera intends to underpin effective voluntary carbon markets. Its 2023 funding round is being put towards its entrance into the US market and hires across engineering and product.