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Tech scales up reforestation in the wake of wildfires

January 30, 2024 /

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A ‘forest-as-a-service’ model for reforestation involves everything from seeds to financing

In the US, approximately seven million acres of land are burned by wildfires each year, and global warming is increasing the risk of very large fires. At the same time, not enough resources are being allocated to reforesting the areas that are lost to the flames, and there is an overall lack of seeds, nursery capacity, planting capacity, and funding. Mast Reforestation is tackling all of these issues with a first-of-its-kind innovation in carbon financing.

McKernon told Springwise that the company is currently focused on the sale and deployment of its reforestation-based carbon removal credits, which enables the company to pay for reforestation and generate a financial return for landowners. Over the next three years, Mast hopes to create thousands of jobs and plant millions of trees.

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