Fertoz is committed to being good stewards of the environment and putting forth larger efforts to combat global climate change.
Fertoz has identified forest restoration, a specialised form of reforestation with goals of biodiversity recovery and environmental protection of degraded lands as the best way to tackle climate change.
Forest restoration is a nature-based solution that encourages collaboration among a wide range of stakeholders including local communities, government officials, non-government organisations, scientists, and funding agencies. Its success is measured in terms of increased biological diversity, biomass, primary productivity, soil organic matter and water-holding capacity, as well as by the return of endangered species that are characteristic of the target ecosystem.
The focus is planting a new forest rather than protecting an existing forest (REDD projects). This reduces the risk of Government intervention which is more likely if carbon credits are generated with minimal investment in land improvement.
Fertoz has a rigorous approach to the generation of carbon credits with the following key principles:
- Measurable: the carbon offsets generated can be measured by certified methodologies
- Verifiable: The project and carbon offsets generated must be frequently audited by a third-party accredited auditor
- Permanent: Emission reduction must be viable in the long term
- Unique: The carbon credits are only sold once i.e. not double counted in the country they are generated
Our initial focus is the tropical regions of the world where trees are fast growing, and risks of damage are minimal from fire, drought, monsoons and flooding. The target is previously forested lands which have been degraded and are not productive. This maximises the additionality of the project.
Fertoz, as an ESG (environment, social, and governance) recognized public company, operates in areas that provide maximum benefit to minority populations, residents, and the environment.
This can be in the form of:
- Employing local residents to carry out forestry operations.
- Establishment of an independent local NGO to distribute carbon revenue to communities and implement livelihood projects
- Forested areas reduce erosion, improve soil health and water retention, enhance water quality of local and connected waterway networks, and promote healthy rainfall patterns.
- Air quality is greatly improved by trees through the carbon–oxygen cycle.
- Forests encourage wildlife re-population and habitation, promoting diversity, and providing a food source to local communities.