Questions about Ecologi
How much of my money goes into climate projects?
Our profit is measured in impact, and this is reflected in how we spend your money. 85% of your money goes directly to funding these planet saving projects. Included with project costs are any incurred transaction fees carried out on your behalf.
For our business customers we charge an extra 10% to cover the extra costs associated with a Climate Positive Workforce.
With the rest we’ll cover everything else including a budget to attract new subscribers, staff costs, and hosting and licenses.
Transparency and trust are core values of ours. They go hand in hand with responsibly putting your money to the best use possible. For those who are interested, we publish our financial reports on this site every quarter so you can see we’re keeping to our word.
Are you a registered charity?
Can this stop climate change?
How can you prove my impact?
Surely my carbon footprint isn't that big?
How many flights are offset in my subscription?
Can I call you about offsetting my business?
Questions about trees
What's stopping someone from cutting down the newly planted tree?
This is an obviously important question that needs a good answer from our tree planting partner, Eden Reforestation.
This is their reply:
- We work carefully with all levels of government to secure written agreements designating the restoration sites as protected in perpetuity.
- We hire local villagers to plant the trees. In this way, we alleviate extreme poverty within the impacted community. The villagers now have an economic incentive to ensure the wellbeing of the restoration project. They also have a sense of “ownership” over the trees and restored forest and they protect it with great care.
- A minimum of 10% of the trees to be planted are agroforestry species (fruit, fodder and construction species designed to provide food security and benefit legitimate human needs). Over time these trees become a source of sustainable income.
- We do all possible to supply the local villagers with alternative fuel sources (fuel efficient dry wood stoves and solar parabolic stoves), which reduces and or eliminates their dependence on charcoal.
- We also hire forest guards as part of the labor force. Forest guards are part of the overall budget.
- Most significantly, we have seen the villagers fall in love with THEIR forest. They also recognize and benefit from the restored forest through increase in fisheries, improved farming, cleaner water and the formation of micro enterprises.
Why plant mangrove trees?
What's the survival rate of these trees?
How much carbon does a tree sequester?
Is my footprint offset by newly-planted trees?
Who is checking to see the tree was planted, and whether it grew up?
What if there's a forest fire?
Are the trees being planted varied and native species?
How do we ensure the indigenous are protected?
Are the workers being cared for and paid fairly?
Questions about carbon offsets
How can you provide carbon offsets so cheaply?
One of the questions we’re asked frequently is why are we so cheap compared to our competitors?
Especially as Gold Standard, the certification we buy from, is often priced at a premium over others due to their attention to quality and prioritising co-benefits to society.
Most of the answer lies in our attitude to profit taking and running as efficiently as possible. Our mission is to get as much money in to climate change solutions as possible, and that’s reflected in our 15% fee.
In terms of the underlying cost of the carbon offset, there are a few factors in play:
- Project type: some projects are just relatively inexpensive, like a routine solar installation in a very sunny part of the world with access to cheap land and expertise.
- Volume of carbon offsets purchased: the higher volume you buy, the closer it is to the original low wholesale cost. We buy our in a low volume offsets through an intermediary that made an initial big order, but the cost savings are passed on to us.
- How old the carbon offset is (‘vintage’): A carbon offset project runs for multiple years generating a number of credits each year. Not all the credits are bought every year so smaller amounts float around on the markets, and are often cheaper to acquire. An “old” carbon offset is just as relevant as a new one, as it doesn’t matter when in time the emission reduction took place.
What's the basic criteria for a carbon offset project?
How can a project ensure it is doing what it says it is?
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