Pachama: Launches to support global reforestation through carbon markets
- Pachama raised $4.1M to create a marketplace where companies can support carbon offset projects
- The company backed by some big names in tech investment, like former Uber executive Ryan Graves
- Pachama’s business becomes profitable only when the price of carbon moves beyond $15 per ton of carbon dioxide offset
- For Pachama’s founder, forest preservation and reforestation projects can also have outsized benefits
- Then the company currently has 23 forest projects three in the Amazon rain forest in Brazil and Peru
- Saez-Gil has high hopes for the future of carbon markets based on demand coming
