Introducing Impact Inside: Setting New Standards in Carbon Solutions
Introducing Impact Inside: Setting New Standards in Carbon Solutions
Today is a remarkable day as we witness the introduction of Impact Inside, a groundbreaking software-as-a-service (SaaS) platform designed to enhance transparency and quality in Nature-based Solutions (NbS) projects. This innovative platform addresses ongoing quality challenges within the voluntary carbon market, leveraging nearly two decades of industry expertise to build trust in NbS as a viable avenue for tackling climate change.
The Critical Need for Quality in Carbon Credits
The imperative to elevate quality in NbS projects is clearer than ever. The demand for high-quality carbon credits is currently valued in the billions and is expected to see significant growth reaching at least fifteen times its current size to align with the objectives outlined in the Paris Agreement. However, a substantial challenge remains, as only a mere 1.2% of the cost-effective potential of these solutions has been harnessed by the voluntary carbon market in recent years.
Navigating Through Quality Standards
“Impact Inside was created to guide NbS projects along the path to quality,” shares Kyle Holland, the Founder. He has been actively engaged in delivering quality NbS projects to the market for over a decade. The platform empowers market participants by delivering unprecedented transparency regarding project performance, additionality, and the long-term storage of carbon.
Leveraging Technology for Impact Measurement
Boasting advanced artificial intelligence, Impact Inside’s application builds a digital blueprint focused on impact measurement, automatic reporting, and impactful storytelling. This innovative approach taps into an ever-expanding data reservoir, generating proof points needed for assessing additionality and sustainability over time. Project investors and buyers are thus equipped to structure favorable financing and purchasing agreements that promote market efficiency.
Invitation to Collaborate
The journey has just begun, as the beta program is set to launch this year. Chris McLaren, Chief Operating Officer, extends an invite to project proponents and investors to engage in the next phase of development, emphasizing collaborative growth. The onboarding of projects onto the software will be facilitated through Certified Partners, with EP Carbon spearheading this initiative by presenting ten promising projects for preliminary testing.
A Commitment to Quality in Carbon Offsetting
For stakeholders committed to achieving quality outcomes, there is a wealth of information available about the beta program and the immense value that Impact Inside offers. Engaging with this initiative not only aids in enhancing NbS project quality but also contributes to broader environmental objectives.
About Impact Inside
Impact Inside functions as a Public Benefit Corporation focused on bolstering the social and environmental benefits of carbon offsetting initiatives. The company’s envisioned role is to establish itself as the leading indicator of quality for NbS projects, advancing meaningful global impacts for both people and the planet.
EP Carbon’s Role in Driving Projects
Established in 2010, EP Carbon collaborates with diverse clients worldwide to create successful nature-based carbon offset projects, having sequestered or avoided over 300 million metric tons CO2e to date. Their technical proficiency extends to complex carbon accounting and geospatial analysis, underscoring their leadership in the market.
Frequently Asked Questions
What is Impact Inside?
Impact Inside is a SaaS platform designed to enhance the quality and transparency of nature-based carbon projects, aiming to improve trust in carbon credits.
Why is quality so important in carbon credits?
The quality of carbon credits is critical for ensuring they deliver the promised environmental impact and maintain market trust, which is vital for the success of climate change initiatives.
How does Impact Inside utilize technology?
The platform uses advanced artificial intelligence to create digital blueprints for projects, allowing for transparent reporting and impact measurement.
How can organizations participate in the beta program?
Interested projects and investors are encouraged to join Impact Inside's beta program to help shape the platform’s development and contribute to quality carbon solutions.
What are the goals of Impact Inside?
The primary goal is to set a new standard for quality in NbS projects, ultimately facilitating significant environmental improvements while ensuring transparency in the carbon market.
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