Maple Credit’s Journey to Verified Carbon Credits with Treefera
5th December
Maple Credit’s story begins in 2023 with a mission: to reshape forest management across Quebec. Elliott and Laurel Perry, the founders, had seen firsthand the adverse effects of commercial logging and recognized a growing need for sustainable alternatives. Together, they envisioned a future where preserving forests could not only protect ecosystems but also provide a new source of income for landowners. This vision led to the creation of Maple Credit, a company focused on registering forests for carbon credits. However, navigating the world of carbon credit verification is complex and requires credible, high-quality data and technology. That’s where Treefera comes in.
Using Treefera’s AI-enabled data platform, Maple Credit can simplify and accelerate the traditionally slow and costly carbon verification process. Treefera’s platform gives Maple Credit access to a comprehensive historical dataset, including deforestation patterns from 2017 onward, allowing them to establish a baseline for their carbon offset projects. This has been crucial in enabling Maple Credit to register over 4,500 hectares of forest under the Reduced Impact Logging (RIL) and Logged to Protect Forest (LtPF) projects. Not only did this fast-track their entry into the carbon market, but it has also reduced pre-feasibility study costs by 30%, a substantial savings that underscores the benefits of transparent and actionable data.
With ongoing access to real-time monthly insights, Maple Credit can now monitor forest cover, carbon stock, and biodiversity in each registered area. This monitoring system allows Maple Credit and its network of landowners to respond immediately to any changes in forest conditions. Through real-time alerts, Treefera’s platform provides an essential tool to prevent unauthorised logging or natural forest degradation, supporting Maple Credit’s goal to preserve an estimated 2% of forest area annually. The success of this approach is evident not only in the conservation of the forests but also in the nearly $800,000 in annual revenue generated from carbon credits.
Reflecting on their success, Elliott Perry, co-founder of Maple Credit, shares, “The advantages and support provided by the Treefera platform are integral to our success, and we would not be where we are without it. By providing access to validated and trustworthy information, we’re able to save time and reduce costs, a true game-changer.”
We’ve been thrilled to support Maple Credit in these efforts. This work emphasizes how landowners and investors alike are benefitting from accelerated project registration processes, facilitated by Treefera’s Land Use and Land Change (LULC) reports, which streamline compliance with certification standards. The Treefera AI-enabled data platform also equips Maple Credit with advanced Monitoring, Reporting, and Verification (MRV) capabilities, which offers a transparent and verifiable view of forest health, essential for carbon credit issuance.
Through the combination of Treefera’s cutting-edge data and their own unwavering commitment to transparency, Maple Credit is not only redefining forestry in Quebec but also exemplifying how AI-driven insights can accelerate measurable change, setting a powerful precedent for the future of sustainable land management.