EcoForce Global trees planted on farmers land will now qualify for EcoForce Global issued carbon credits.
Every tree planted will be able to be committed by the owner of the tree to an exchange where EcoForce Global will sell to total carbon committed to individuals or companies. The income generated from the sale of the carbon unit will be passed through to the owner of the tree minus an EcoForce Exchange handling fee.
What is a Carbon Credit?
A carbon credit is a tradeable certificate that represents one metric ton of carbon dioxide (CO₂ ) or the CO₂ equivalent of another greenhouse gas that is prevented from entering, or removed from the atmosphere.
Through the planting of trees we sequester carbon dioxide from the atmosphere and store it in the trees, leaves and tree structure. It is the collection and storing of this CO2 in your trees that allows you as a customer of EcoForce Global to earn the credit based upon the growth of your tree.
So here are some pertinent Questions and Answers about the program.
When you are responsible for the purchase of tree that is planted with an EcoForce Global farmer, as the owner of that tree, we EcoForce will report to you each 6 months for the first 5 years on the growth of your tree. In each of these reports we will estimate the total amount of carbon sequestered into the tree. This total of carbon is what you will be able to offer people/ businesses to purchase to offset their own emissions.
Every tree differs and each planting environment has an effect on tree growth. Some trees can capture up to 25kg. Each tree species that we plant based upon local climate needs will generate a different sequestration rate.
No you don’t. Each report we provide you will update you on the estimated amount of Co2 that has been captured in your trees. At any time you can place your trees into our Carbon Pool.
The Carbon Pool is the total amount of Co2 that has been committed by EcoForce customers to the EcoForce Global Carbon exchange pool that can be purchased by others, individuals or businesses or other interested parties.
Every customer of EcoForce Global will be invited to commit their Co2 to the Carbon pool. It is not mandatory for every customer to commit their Co2 to the Carbon Pool, it is totally voluntary.
EcoForce Global will price the tonne of Co2 at sale time to reflect a premium on the current market rate. We will do this because we have individual tree tracking, photographic evidence, GPS tracking and tree circumference and height details that allows us to most accurately calculate the amount of Co2 in the tree at that point in time.
Yes any person who purchases a tree be they a customer, a person who has been gifted the tree and the title transferred to them or a company that makes a bulk purchase to align with ESG or CSR or SDG requirements can earn the income from the trading of these carbon credits.
For example a company could purchase One Thousand (1000) trees , claim it as a tax deduction and then earn the income on which they would have to pay tax on the carbon credit income.
Yes you will receive 85% of the value of the carbon sold into the market. The 15% covers cost of transaction, management and in the case of the death of the tree, the cost of replacing the tree.
All tree owners will have to log into their customer account and commit their trees to the carbon Pool. This is done by logging in via this url https://www.ecoforceglobal.com/advocate/ then under the Account Menu look for the link called Carbon Pool Application and complete the form. Once that has been completed all your trees past and future will be allocated to the Carbon pool
To take advantage of this great program you will need to become a customer of EcoForce Global.
Individuals and Business can purchase trees.
Purchase a Tree today