Projects reduce carbon dioxide by capturing/storing existing CO2 or preventing new emissions from happening. For example, one project might establish a wind farm that generates clean energy, while another may plant trees that absorb carbon.
Carbon offsetting allows you to compensate for the carbon dioxide and other greenhouse gas emissions you produce by reducing emissions somewhere else.
Growing fruit trees is a long-term project and after several years of tending to thousands of trees, growers and investors can only yield the financial benefits from profitable harvests. During those tree tending years, growers and investors are unaware that their trees have also sequestered tons of CO2 – that benefits everyone on the planet. However, tree growers and investors are not financially compensated for their efforts to providing carbon offset and ecological benefits to our planet.
With Fruittex cross-platform and distributed ledger technology, we will reverse this scenario. We will give awareness, direct financial incentives and more benefits to growers and investors.