In a notable synergy between technology and nature conservation, Pina Earth and Tree.ly have announced a merger, forming Europe’s first full-stack forest carbon platform. This collaboration, while ambitious, reflects a growing trend towards sustainable, nature-based solutions for carbon sequestration. The companies aim to enhance the capacity of carbon credit markets in Germany, Austria, Switzerland, the Czech Republic, Italy, and Hungary. Their combined operations will extend to over 80,000 hectares of managed forests, promising measurable impacts on carbon reduction and biodiversity.
Dating back to their separate beginnings, both Pina Earth and Tree.ly have focused on addressing climate change through forest management. While Pina Earth has pioneered in developing certified climate projects in Germany, Tree.ly has been effective in bridging forest owners with corporate entities. Their previous efforts have laid a foundation for this merger, which now promises a more expansive and integrated approach to forest carbon management across multiple regions.
What are the merger details?
The merged entity consolidates their resources in software development, project management, and sales to bolster support for both forest owners and corporate carbon buyers. This merger is designed to streamline the certification process across diverse projects, facilitating better market access for forest owners. In addition, corporate partners can invest in a wider array of nature-based carbon offset projects that promise high transparency and impactful regional outcomes.
How will it impact the market?
The newly formed company emerges as the largest tech-enabled forest carbon project developer in Europe and is expected to lead the market in the DACH region. Offering over 500,000 tCO2 of certified, regional carbon credits, and a network of 100+ corporate buyers, the merger allows for fivefold revenue growth annually. This positions the company to adapt swiftly to impending regulations like the EU’s Carbon Removal Certification Framework.
“We founded Pina Earth to ensure Europe has healthy forests for generations to come,” remarked Dr. Gesa Biermann, co-founder of Pina Earth. The emphasis on leveraging technology highlights the merger’s capacity to meet climate targets efficiently. As Jodok Batlogg of Tree.ly stated, “Technology is the only way we can meet climate targets at the scale required.”
The Pina Earth brand will lead the merged operations under the guidance of Tree.ly’s Jodok Batlogg and Christian Lutz, with strategic advice from Pina Earth’s co-founders. The merger supports the development of scalable technology and foundational trust among stakeholders, ensuring a robust European-based carbon offset framework.
With hubs in Munich, Berlin, and Dornbirn, the company plans to focus on scaling operations and technology while preparing for an upcoming Series A financing round. The cooperation is aimed at increasing commercial outreach and effectively responding to the rapidly evolving carbon market landscape in Europe.
As the forest carbon market in Europe continues to mature, Pina Earth and Tree.ly provide an exemplar of integration between tech and ecological conservation. By centralizing operations and expanding regional impact, this merger accentuates the demand for reliable carbon removal solutions amidst accelerating climate objectives. Such collaborative efforts are critical in aligning market capabilities with environmental goals.
