Concordium, a leading blockchain platform based in Zug, has partnered with Upwood.io, a new Latvian investment platform. Upwood.io specializes in tokenizing real-world forests, carbon credits, and carbon removal projects across the European Union. The platform allows users to invest in tokens backed by real forests, which generate returns through activities like cutting mature trees, planting new ones, and selling carbon credits.

Investors can sell their carbon credits or use them to offset their own carbon footprints. Upwood.io’s user-friendly platform makes it easy to manage investments and see real-time updates on carbon credits and project progress. This approach allows more people to invest in forests by pooling resources together. Each token represents a share of ownership in a forest asset, enabling investors to monitor and verify sustainable practices.

Upwood.io collaborates with experienced forest management services, allowing investors to focus on their portfolios while the forests are maintained. The platform uses Concordium’s blockchain technology to make forest investments and carbon credits more traceable and secure. This partnership aims to boost sustainable investments, improve security, and grow green finance. Upwood.io’s geospatial forest monitoring system provides real-time data on investment performance, building trust and transparency.

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