As of today, 4th November 2021, we are proud to launch our TREE shares IPO. TREE is a preferred equity security that, on a one-to-one basis, represents one ton of carbon offset (equivalent to a carbon credit).
TREE is a retirable voluntary carbon credit listed on MERJ – a global stock exchange where proceeds go directly to the Amazon Rainforest landowners. The security will be issued in the form of a digital security on the Liquid Network, providing a permanent record of ownership and retirement.
Ricardo Carvalho, CEO of TreeBR, commented: “TREE is the ideal way for Amazon Rainforest landowners to go to market. We think other impact initiatives will follow our direct model. Our ability to go directly to market via a global stock exchange and provide immutable transparency around the retirement process through the blockchain creates the most value for all stakeholders.”
As an alliance of Amazon Rainforest owners, TreeBR share best practices on reversing previous deforestation and implementing effective social policies. And since 1994, TreeBR landowners have preserved over 12,000 hectares (30,000 acres or 120 km2) of land in the region of Acre in the Amazon.
“As a rainforest landowner there are limited to no viable alternatives to ensuring preservation of the rainforest,” stated Jayme Perez, the first landowner to join the TreeBR alliance. “TreeBR can now access the market directly and transparently through the blockchain, while meeting the growing demands for both individuals and organizations to reduce their carbon footprint and for investors to share in the high-growth carbon credit market.”
The initial public offering of TREE will see up to approximately 6 million shares being offered.
Find out how you can invest in TREE on our TREE offer page.