
The impact assets offered here represent the earned impact in 2023 of Climate Forest LLC’s Roxbury project (Maine, USA). It contains the following ecological benefits:
One NFT represents 1 metric ton of CO2 sequestered by the growth of biomass in the forest. Roxbury formerly was wood harvesting-focused forest for different industrial use-cases (e.g. sawmills, paper production) and now is under sustainable management by the land owner Climate Forest LLC and transitioned to a wholistic long-term use.
The ecological co-benefit of this forest land conservation is the intended increase of biodiversity. Native species will thrive by a minimizing wood cropping activity, keeping dead wood in the area and by promoting a much more diverse tree population. The 2023 baseline value was 2.352, intended to be grown in future. Biodiversity enhancement only can be evaluated from a future perspective, so the co-benefit here will be constantly monitored over time.
The impact represented in this project and vintage was reviewed in an opinion paper by LOOMPACT AG and can be tracked end-to-end using a link & QR-code that is embedded in each NFT. Moreover Climate Forest LLC uses a technologically advanced continuous monitoring & baseline evaluation approach by the services from 44moles GmbH.
This is a demo Impact Credit NFT Collection of 100 pieces, representing 100 tonnes of CO2 stored by the Roxbury forest in 2023. These 100 tonnes are a small fraction of the whole Roxbury 2023 vintage, which was in total 9656 tonnes. For transferring the “BLOC” credits formerly registered with 44moles, LOOMPACT retired them on 44moles side (see retirement certificate number RE-2024-154), preventing double-counting/-sales and so was able to bridge them to sellable NFT-based Impact Credits, which are offered here.
With buying this NFT, based on the proven impact in 2023, you support the continuous operation & further development of the Roxbury forest project. All proceed benefit the issuer (Climate Forest LLC).
Impact Credits are like the already well known "CO2 credits" or "CO2 certificates" - they represent a positive effect done by an organization for a better world. But Impact Credits are not only addressing climate change, they are much more versatile as any kind of generated positive eco/social outcome can be transformed into a credit.
Despite the fact, that it is based on a high-tech blockchain architecture (NFTs), they are as easy to buy as buying a ticket or any goods from online shops. All you need is your credit card. There is no special knowledge needed for buying or handling these credits.
Curious how easy it is to buy them? Then take a look at the short explainer video below...
For even more answers & details, visit our FAQ-page.
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