Arbonics, a Tallinn-based company, has recently secured €5.5 million in funding to develop a cutting-edge forest carbon platform aimed at combating climate change. This significant investment will enable the company to further its mission of utilizing technology to protect and restore forests, which play a crucial role in mitigating global warming.
Forests are often referred to as the “lungs of the Earth” due to their ability to absorb carbon dioxide, a major greenhouse gas responsible for climate change. By capturing and storing carbon, forests help to regulate the Earth’s climate and maintain a healthy environment. However, deforestation and degradation have significantly reduced the capacity of forests to act as carbon sinks, exacerbating the effects of climate change.
Recognizing the urgency of addressing this issue, Arbonics has developed an innovative forest carbon platform that leverages advanced technologies such as artificial intelligence (AI) and satellite imagery. The platform aims to provide accurate and real-time data on forest carbon stocks, enabling governments, organizations, and individuals to make informed decisions regarding forest conservation and restoration efforts.
The €5.5 million funding secured by Arbonics will be instrumental in further enhancing the capabilities of their platform. The company plans to invest in research and development to refine their AI algorithms, improve data collection methods, and expand their satellite monitoring capabilities. This will enable them to provide more precise and comprehensive information on forest carbon stocks, facilitating better decision-making for climate action.
One of the key features of Arbonics’ forest carbon platform is its ability to monitor forests remotely using satellite imagery. This technology allows for the continuous monitoring of forests on a large scale, providing valuable insights into changes in forest cover, deforestation rates, and carbon stock levels. By combining this data with AI algorithms, Arbonics can accurately estimate carbon emissions and removals from forests, helping stakeholders track progress towards climate goals.
The funding secured by Arbonics also opens up opportunities for collaboration with governments, international organizations, and forest conservation initiatives. By partnering with these entities, Arbonics can leverage their expertise and resources to scale up their platform’s impact and reach. This collaboration will be crucial in implementing effective forest conservation and restoration strategies, as well as mobilizing financial resources for these efforts.
In addition to combating climate change, Arbonics’ forest carbon platform offers numerous co-benefits. Forest conservation and restoration not only contribute to carbon sequestration but also support biodiversity conservation, water resource management, and sustainable livelihoods for local communities. By providing accurate and up-to-date information on forest carbon stocks, Arbonics’ platform enables stakeholders to make informed decisions that consider these broader environmental and social aspects.
The €5.5 million funding secured by Arbonics marks a significant milestone in the company’s journey towards developing a top-notch forest carbon platform. With this investment, Arbonics is well-positioned to make a substantial impact in the fight against climate change by leveraging technology to protect and restore forests. By providing accurate data and insights, their platform will empower stakeholders to take effective climate action and contribute to a more sustainable future.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: Plato Data Intelligence.
- Source Link: https://zephyrnet.com/tallinn-based-arbonics-gets-e5-5-million-to-build-the-highest-quality-forest-carbon-platform-to-fight-climate-change-eu-startups/