Submitted by: ACRE Investment Management
Posted: Dec 01, 2016 – 11:30 AM EST
The Plains, Va., Dec. 01 /CSRwire/ - Forest Green launches a Mobile Business Carbon Transaction Platform to empower businesses and consumers to eliminate their carbon footprint by linking the velocity of transaction to the restoration of the natural world.
The Platform allows businesses to offer individual and corporate consumers the opportunity opt-in to carbon offsets through the micro-transactions that make up the bulk of daily business and consumer spending. With in-app options and seamless back-end technology, it is easy to make everything from a taxi ride to shipping carbon neutral, if not net positive.
"Today, we are giving the power back to the consumer to create the change in the world they want to see," said Chandler Van Voorhis, Managing Partner of Forest Green. "So every micro-transaction scales up to carbon sold, putting a price on nature and creating the momentum to restore our river systems around the world."
The carbon offsets used in Forest Green’s Platform are generated by Forest Green’s sister company GreenTrees. GreenTrees the largest domestic reforestation project, providing 98% of the voluntary U.S. forest carbon available. Currently, GreenTrees along with its landowners have planted over 42 million trees by reforesting 120,000 acres in the Mississippi Alluvial Valley. Those trees generate enough oxygen to keep 85,000,000 people breathing for a year. The same trees sequester 1,000,000 tons of carbon dioxide annually.
Forest Green’s first Carbon Transaction Platform partner is Cab Hound. Cab Hound is taxicab dispatch app, developed by AppEdgy (www.appedgy.com). Together AppEdgy and Forest Green built the Carbon Transaction Platform and have successfully deployed the technology to the 9 cab companies and 4400 using Cab Hound across 8 U.S. cities including Charlotte, Brooklyn, and New Orleans. “Cab Hound is always looking for new ways to innovate the taxi industry. Taxicabs are probably the most heavily used cars on the road today. Finding a way to diminish their environmental impact is a good step forward and something passengers will be eager to support. We are thrilled to be the first taxi app to integrate carbon offsets into our technology. Working with Green Trees has been incredible opportunity to work closely with a leader in carbon offsets”, said George Wheeler, Founder of AppEdgy.
Forest Green, a subsidiary of ACRE Investment Management, is using technology to leverage nature’s technology, trees, and empower businesses and consumers to become responsible stewards of the Earth and make a lasting, positive impact in a way that is simple and ingrained into their daily lives. Given 1/3 of all the carbon emissions since 1750 has come from land use change, predominately deforestation, it stands to reason that reforestation is a scalable solution and technology to combat climate change. With nature as our guide and an empowered consumer, we and future generations can breathe easier while Giving The Planet a Lift.
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