Keeling Curve

Project Summary / Description:

With PUR Projet, even though we focus on large companies, we managed only to plant 10 million trees in 10 years, while 10 million trees are cut every day. Climate change is a dire threat for which only very few companies, funds and people engage in concrete actions. 
More and more people want to invest in profitable projects generating positive impacts, this is called impact finance. 

I had the idea to create TREE Token, to bridge this gap : using crypto / blockchain to allow people, companies and funds to invest in profitable climate & impact agroforestry projects . Making money while making an impact. 

I develop this project with co-founder Boris Vallee, teacher in Finance at Harvard Business School. He designed the agroforestry fund and financial mechanisms ruling the relations between token holders, the Fund, Platform and projects. I source and develop projects, starting with the portofolio of PUR Projects (155 plantation sites in 40 countries), to which we bring co-funding thanks to the TREE Tokens. 

We start with a 10 million euros equity raise for 1st plantation wave with will be invested in 10 million trees and crops planted in 4 projects : 50 % in Peru (cocoa timber, cosmetic plants), 30 % in Colombia (coffee, timber, fruits), 10% in Ethiopia (coffee), and 10% in Indonesia (coffee, timber) .

Based in the success of the plantation wave in terms of financial revenues and impacts generated (co2, water, soil, biodiv,..), other plantation waves are scheduled for 2021 (30 million euros) and 2025 (60 million euros). To bring climate action and agroforestry at scale, thanks to cypto-impact finance.

Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):

Website:

http://www.purprojet.com

Mission Statement:

TREE Token's objective is to create a crypto asset on the Ethereum blockchain to leverage funding for an agroforestry equity fund, investing in agroforestry projects. T

he projects, based on the model of www.purprojet.com, help groups of small-scale farmers plant trees (timber & fruit) together with crops (coffee, cocoa, cosmetic & medicinal plants,..). This is called agroforestry. Projects are funded by companies and foundations, willing to offset their climate footprint. Our specialty is to develop these climate projects within the supply chains of companies, we call that Insetting : offsetting the carbon footprint of a company by reducing emissions (climate smart agriculture, organic and agro-ecological practices,,) and planting trees within their supply chains . It helps small-scale farmers (1 ha in average) of the supply chains, mainly in developing countries, increase and diversify their incomes and patrimony, and enrich their ecosystems in terms of water, soil, biodiversity,.., It makes their farms and supply chains more resilient. Trees sequester carbon (project are certified under carbon standards such as VCS and the Gold Standard), but beyond that, they generate multiple revenues and positive impacts on the ecosystems. 

TREE Token's objective is to leveraging funding for such projects thanks to the launch of a crypto-asset. Holders of the TREE Token become shareholder of an equity fund, investing in a portofolio of climate & impact agroforestry projects. This fund loans money to the projects, to plant trees and plants combined (agroforestry), and gets yearly revenues (3 to 7 %) with their investment thanks to the marketable products (timber, fruits, herbs,..) and services (Co2) of the plantations, They make a profitable investment while generating multiple impacts on climate, farmers revenues, farms resilience, ecosystems (soil, water, biodiversity,..). 

Today more than 10 million trees are cut every day. With PUR Projet we planted only 10 million trees in 10 years. The objective of TREE Token is to go from 10 millions trees in 10 years to 10 million planted every day, to tackle deforestation and climate change at scale, while helping small-scale farmers increase their development level and companies reconcile with climate and ecosystems. 

We believe impact finance is the key to leverage sufficient funding for forests and climate. Combining agroforestry with crypto / blockchain allows to leverage more funding, developing a decentralized platform with lower transaction fees, and gives liquidity to the asset (hence increasing its value). It allows as well to trace investments and impacts (registration of products & services generated on the blockchain), and to desintermediate impact finance.

Link: Facebook:

https://www.facebook.com/PurProjet/

Link: LinkedIn:

https://www.linkedin.com/in/tristan-lecomte-04499323/