Predicting Deforestation from Space and Designing New Forest Credits
Diego Saez Gil: Originally conceived in 2005, the United Nations framework for forest financing has struggled to scale. Certifying avoided deforestation and financing it is complex and expensive. As a Latin American tech entrepreneur, Diego Saez Gil wanted to help so in 2018 he founded Pachama. Supported by satellite imaging and artificial intelligence, the company buys certified forest credits originated from the Amazon and elsewhere. Diego and his team then resell the credits to Microsoft and other companies as carbon offsets. Now Pachama is working to originate less expensive credits, and at scale with its technology, so that we can better scale financing to reduce deforestation. Diego joins us to share his story.