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Everimpact

A carbon offset software helping cities generate revenue from climate finance instruments

November 2019

Everimpact

A carbon offset software helping cities generate revenue from climate finance instruments

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date November 19, 2019
From France
Maturity stage TRL 6 / 7 - Prototype demonstration 1:1

Everimpact is a smart city software that measures CO2 emissions precisely in cities by leveraging CO2 data from satellites and ground sensors, and connects cities with companies willing to buy their CO2 reductions as carbon offsets. It is a technology to monitor carbon emissions with satellite data and ground sensor (IoT Platform) bringing accuracy, trustworthy, and near real-time carbon measurements while the market relies on greenhouse gas estimates and self-reporting from companies and governments, to solve climate change. The software enables cities and companies reducing CO2 emissions to claim their dues to the lack of monitoring and third-party verification that could trigger well-needed climate finance, it generate revenues from emerging climate finance instruments. For instance, 1 million inhabitants city has the potential to trigger $2,2 – 4,5 million per year to combat climate change by mobilising climate finance from the private sector.

The Environmental Benefits

  • Increase greenhouse gas data accuracy by 90% and reduce emissions by 20-30%

The Financial Benefits

  • Reduced cost of reporting greenhouse gas emissions by 50-60%
  • Generate approximately 10% of costs savings on climate plan implementation by accessing emerging climate finance instruments

Target client profile

Activity Region

  • Headquarters
  • Activity

Company Profile

Everimpact

Monitoring and Monetising carbon emissions in cities.

Headquarters 29860 Plabennec, France
Type Startup or self-employed
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Everimpact has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.