Sustainable development of traditional local communities, ecotourism, ecoservices and business-related activities have started to attract private contributors and companies who share a will to finance sustainable initiatives.
Sustainable harvesting of timber-free products, land rehabilitation, wildlife reintroduction, reduction of CO2 emissions, research in biodiversity, technological development for individual and corporate social responsibility are the most commonly cited areas covered by these projects.
That being said, the ecoservices market is still far from the reach of sustainability-aware contributors. In the age of decentralization and digitalization, this should no longer be the case and we now face a need for solutions to capture these opportunities and unlock their true value.
While finance is deemed the hot sector of distributed ledger technology, the benefits of this technology may go beyond inclusive finance to reach other types of new and innovative services.
The objective of EBCF (Empresa Brasileira De Conservação De Florestas - Brazilian Rainforest Conservation Company) is to introduce cryptocurrencies and blockchain-based technologies into this overly regulated and rigid market on a global level.
EBCF sustainable development strategy consists in acquiring native forests that are suffering from the effects of deforestation and transform them into “Conservation Units” to support development of the Reservas Particulares de Desenvolvimento Sustentavel project (Private Reserves of Sustain- able Development) or RPDS.
The lands will be protected ad eaternam, in character of perpetuity. Using blockchain’s core principleswill provide us with fairness, accessibility, transparency, and trust. We will combine these values with the issuance of a payment digital currency while applying them to an already existing, fully operational and licensed alliance of companies acrossseveralsectors delivering a USD Million annual income and substantial annual profits.
This will allow us to operate in our community in respect of Planet Earth’s best interest, essentially guaranteeing an entry into domestic markets to all contributors. Therefore, projects that are traditionally restricted to foreign crypto transactions will become universal with a tangible contribution to the preservation of Amazon’s local communities and ecosystems.