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  • Climate, Energy and Sustainable Finance

Brazilian startup develops global transaction platform with ecosystem services

  • Posted in 25/06/2020

Brazilian startup Humboldt Brasil is developing a global platform for transactions with environmental services

Founded in December 2018 by partners Benoit Le Hir and Raphael Ribeiro, the startup contributes to the solution of the valuation of ecosystem services – and their consequent negotiation – through a platform (SasS) formed with georeferencing technologies, satellite image monitoring and blockchain.

“Our platform allows each forest perimeter to be individualized and the services provided – such as biodiversity, carbon storage, water sources, etc. – to be quantified for later negotiation. It is a huge market with great opportunities, especially for Brazil, a leader in environmental assets,” says Raphael Ribeiro.

In addition to the records in the technology layer, the platform allows transactions to be registered in the databases of environmental authorities and notary offices, meeting legal requirements and promoting the land regularization of these properties. Direct benefits include legal certainty and the preservation of forested areas, which are now monitored in full through objective indicators of evolution throughout the contracts. For owners, there is an economic incentive for preservation, and for investors and beneficiaries, there is the maintenance of specific ecosystem services of interest to them.

Humboldt Brasil, which receives support from AWS – Amazon Web Services and Grupo Cornélio Brennand, intends to launch the platform at the end of 2020. The group already has a version MVP of the platform and is raising investments for the development of the version full of the technological solution.

 

RAPHAEL JOSÉ RIBEIRO, co-founder

+55 81 988055933

contato@humboldtbrasil.com

 

BENOIT LE HIR, co-founder

contato@humboldtbrasil.com

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