Company Research Report: Chloris Geospatial Inc.
Company Overview
- Name: Chloris Geospatial Inc.
- Mission: To empower companies, governments, and civil society organizations to assess, monitor, and invest in forest conservation and restoration with confidence—at any scale, anywhere on Earth. The company focuses on accelerating the transition to net-zero and nature-positive economies by providing trustworthy nature data.
- Founded: In 2021
- Founders:
- Alessandro Baccini, Co-Founder & Chief Science Officer
- Marco Albani, Co-Founder & Chief Executive Officer
- Mark Friedl, Co-Founder & Senior Advisor
- Giulio Boccaletti, Co-Founder & Senior Advisor
- Key People:
- Marco Albani (CEO)
- Alessandro Baccini (CSO)
- Mark Friedl (Senior Advisor)
- Giulio Boccaletti (Senior Advisor)
- Headquarters: 399 Boylston Street, Suite 600, Boston, MA 02116, USA
- Number of Employees: Information not available
- Revenue: Information not available
- Known For: Pioneer in measuring and monitoring above-ground biomass from space, enabling quantification of carbon removals and emissions with precision.
Products
- Data Products:
- Above-ground biomass stock: Quantifies above-ground biomass and related carbon stocks, tracking their distribution changes annually.
- Above-ground biomass change: Monitors annual emissions from deforestation and degradation, and removals from restoration and reforestation.
- Forest cover: Tracks forest area dynamics, gains, losses, and related biomass and carbon impacts.
- Key Features:
- Access to deep carbon insights from 2000 onwards at 30m and 10m spatial resolution.
- Pixel-level quantified uncertainty.
- Reliable and independently validated data quality through alignment with high-quality datasets, including airborne LiDAR.
Recent Developments
- Partnerships:
- Equitable Earth Coalition Partnership (June 2024): Established as the exclusive provider of digital monitoring, reporting, and verification (dMRV) of forest carbon data for a new forest carbon standard.
- Cisco Foundation and NextSTEP (June 2024): Joined as investors in a new funding round supporting Chloris' mission.
- Ecosystem Restoration Standard (November 2023): Partnership to scale high-quality ecosystem restoration projects globally.
- Trove Research (September 2023): Partnership to bring transparency to forest carbon projects at a global scale.
- New Product Launch:
- Chloris REDD+ Library (November 2023): A tool to investigate the carbon and forest dynamics of VCS-registered REDD+ projects at 30m pixel resolution since the year 2000. Available through the Chloris platform.
- New Partnerships:
- Collaboration with Pond Foundation to empower forest conservation through data, innovation, and technology (April 2024).
- Upstream Tech Partnership (October 2024): Chloris Geospatial’s data integrated into Upstream Tech's platform for landscape monitoring.
- Product Updates:
- Ongoing development of tools for algorithmic forest carbon data to support voluntary carbon markets (April 2023).
Conclusion
Chloris Geospatial Inc. is driving innovation in the field of forest carbon monitoring with a strong focus on providing accurate, reliable, and accessible data. Their strategic partnerships and robust product offerings underscore their commitment to fostering nature-positive and net-zero transitions globally. With a combination of scientific expertise and technological innovation, Chloris aims to transform how natural capital data is utilized in various industries.