Pachama
Pachama is a San Francisco-based company specializing in a tech-verified marketplace for forest conservation and reforestation investments, leveraging advanced technologies like computer vision and satellites for project verification.
Company Overview
Pachama is a climate tech company headquartered in San Francisco, CA, with a team size of 85 and operating both locally and remotely. Specializing in the industrials sub-industry, particularly focusing on climate solutions, Pachama is part of the Y-Combinator W19 batch. The company emphasizes forests' role as crucial ecosystems and carbon sinks, which are indispensable for biodiversity, climate regulation, and local community well-being.
Tech-Verified Marketplace
Pachama offers a technologically advanced marketplace for investing in reforestation and conservation projects. Utilizing cutting-edge technologies such as computer vision and satellites, Pachama ensures rigorous project verification. This platform is designed for both enterprise companies and individuals to invest in nature-driven solutions, with projects across Brazil, Mexico, India, the USA, and other regions.
Project Certification and Standards
All projects listed on Pachama's platform undergo stringent certification by leading third-party standard groups, including Verra, American Carbon Registry, Carbon Action Reserve, and Gold Standard. Furthermore, Pachama applies a rigorous evaluation criterion, approving less than 30% of registry-approved projects. Detailed feasibility assessments are provided for Pachama Original projects, and ongoing visibility into the projects' impacts is maintained.
Investment and Carbon Credit Pricing
Carbon credit prices on Pachama's platform range from approximately $10 to $100 per metric ton, depending on the project's location and type. Investment funds are primarily allocated to project developers and landowners, with a small percentage directed towards Pachama for data acquisition, research and development, and team support. Though Pachama does not certify companies as carbon neutral, it aids clients in achieving carbon neutral, nature positive, and net zero goals.
Key Investors and Support
Pachama is supported by notable investors such as Bill Gates' Breakthrough Energy Ventures (BEV), Chris Sacca's LowerCarbon Capital, and Amazon's Climate Pledge Fund. These partnerships underline the company's credibility and commitment to leveraging technology for climate solutions.