Carbon storage monitoring startup Albo Climate and hydropower company subsidiary Tembo Climate have signed a deal to produce a high-resolution carbon monitoring model of vulnerable tropical forests in several sub-Saharan African countries.
The maps will be used to carefully evaluate ecosystem health and monitor the areas for deforestation, as well as to generate verified, high-quality carbon offsets.
Israel-based Albo and Mauritius-based Tembo will start collaboration by developing carbon credits from two national parks in Cameroon, with a total size of 786 000 ha, the companies said in an August 17 statement.
The two parks are home to a diverse range of unique plants and endangered animals, including pangolins, hippos, leopards, black colobus, mandrills, lowland gorillas and chimpanzees, as well as numerous birds, reptiles and fish species.
The parks face increasing threats as a result of logging, poaching, mining, agricultural activities and coastal infrastructure development. Given current deforestation rates, the two forests may lose 6 000 ha a year, translating to 3.6-million tonnes a year of carbon dioxide-equivalent.
The expected income from the carbon offset projects will involve, besides other activities, expanded support of ranger services and surveillance systems by the forest management of Cameroon, as well as maintaining the park’s boundaries.
In addition, the generated income will be used to support local communities.
Albo and Tembo will further collaborate on conservation projects across Eastern and Southern Africa. This strategic partnership will foster the development of a robust and widely applicable remote-sensing carbon model to be used in an array of tropical forests in Africa.
“Tembo’s goal is to position our subsidiary Tembo Climate in full compliance with the Taskforce on Scaling Voluntary Carbon Markets led by Mark Carney and Bill Winters, which advocates for the extensive use of technology to address global warming, and we are delighted to bring Albo’s cutting edge approach to the African continent.
“We see carbon development as an ideal addition to our more traditional and established clean power business in sub-Saharan Africa,” says Tembo founder Raphael Khalifa.
“We are thrilled to be partnering with Tembo, a key leader in developing clean energy and conservation projects across sub-Saharan Africa. Combined with our unique deep-learning, satellite-based approach to carbon credit quantification and verification, we see the potential for true impact at scale across the continent,” says Albo CEO Jacques Amselem.