Since 1950, more than 662 million hectares of forest have been lost, and carbon concentration in the atmosphere has almost doubled. Human activities are causing environmental changes, leading to a lack of resources, rising temperatures, dying lifeforms, and eventually, a complete ecosystem collapse.
Science confirms that we’ve already crossed the safe operating limits for a livable Earth and heading towards an irreversible crisis. Climate change and biodiversity loss are humankind’s most significant challenges today.
MERIT is an innovative virtual currency that represents and protects (!) the work nature does to make the planet habitable. MERIT gives everyone a simple yet effective way to protect the natural world.
1 MERIT = 100 kg of CO₂ captured in biodiverse nature
Single.Earth works with landowners, land managers, and organizations who commit to preserving their mature forests and abide by the Single.Earth Acceptable Forest Management Practices. Each MERIT is linked to and funds a specific plot of land.
We use satellite data, geospatial engineering, and machine learning to represent nature with a global Digital Twin. The model allows us to automatically assess and monitor each plot of land for its forest coverage, carbon sequestration, and biodiversity.
Based on the evaluated ecological values, Single.Earth starts issuing MERIT tokens to the landowner’s digital wallet. Using blockchain technology, we can connect money with nature and create MERIT. Instead of harvesting, landowners get a regular income for allowing their forests to grow.
Individuals and businesses can buy MERIT as:
1) a direct nature-positive contribution to achieving sustainability goals
2) or a virtual asset that helps build the world’s first nature-backed digital currency.
Sandra Malmberg, Principal at EQT Ventures
“Forests are the foundation of life, but they are increasingly under threat from deforestation and forest degradation. We need to give nature an inherent value for being kept as it is. Single.Earth is doing exactly that by rewarding landowners to preserve the ecosystem that keeps us alive while offering companies and individuals the opportunity to compensate and contribute by buying MERIT tokens. An exciting new approach.”
Ragnar Sass, Co-Founder of Pipedrive & Salto
“Forests are one of the most important ecosystems on this planet. We all depend on biodiverse forests and we all must step up to protect them. Single.Earth is by far the easiest and most reliable way of doing it.”
Martin Henk, Co-Founder of Pipedrive and Eventornado
“Climate change is real, it’s already here and it’s not good. One of the ways we keep making it worse is cutting down forests. Many people simply don’t have a choice. They need to make an income and the alternatives to cutting have been non-existent, too complicated or not accessible to most. Until now. The amazing team at Single.Earth is building a viable alternative by which people can make money and save the planet at the same time. If that isn’t a win-win situation I don’t know what is.”