Overview
"If used with transparency and integrity, carbon markets are an incredible tool for good. We’re proud to be leading the charge, and look forward to continuing to build on what we’ve accomplished and grow our impact in the years ahead."
As Catona Climate’s first Chief Carbon Officer, it gives me immense pride to welcome you to our inaugural annual Impact Report. This was a momentous year for us: we launched Catona, strengthened our project diligence and monitoring strategies, refined our financing model, and greatly increased our capacity to drive meaningful impact through our work. Let’s get started with a few highlights from the past year you’ll learn more about in this report:
- We’ve carefully built up our portfolio of high-impact nature-based carbon projects, with a steadfast commitment to quality over quantity. We want only the best projects — and those take time to diligence, develop, and grow. With a focus on regenerative land management, supporting reforestation, and combatting deforestation, over the past year we’ve sourced an impressive catalog of projects that we take great pride in, and given ourselves a solid foundation upon which to keep growing.
- Collaboration was a key word for us in 2023. We developed and deepened relationships with our project developer partners, working closely with them and supporting them at every step, from design and implementation to evaluation and community engagement. We also forged new partnerships with technology providers, and other industry stakeholders like enterprise buyers and capital providers, bringing all parties together around the goal of restoring nature at scale.
- It was a year of extensive travel for our team of experts, who undertook on-the-ground site visits to nine projects in multiple countries across three continents. It’s how we assess first-hand the viability of potential projects as part of our due diligence process, and monitor the progress of projects already in our portfolio. These visits offer invaluable opportunities to engage with local communities and work more closely with our development partners.
- As important and fruitful as site visits are, we also continued to integrate state-of the-art technology to build quality as part of our project monitoring strategy — together resulting in industry-leading impact measurement, insight, and transparency. Powerful new geospatial monitoring tools have enabled us to better track our projects’ real carbon impact, provide transparent accounting, and mitigate risk. New bioacoustic monitoring techniques let us listen in on local wildlife and track any changes to biodiversity.
- 2023 was the year we cemented our three-pillar approach to impact: Climate, Environment, and Community. Naturally, climate impact is central to our work: this year we removed tens of thousands of tonnes of CO2 from the atmosphere, and launched projects that will remove millions more. But beyond carbon mitigation, our projects have enhanced biodiversity, improved ecosystems and protected endangered species. They’ve also improved livelihood, brought economic opportunity, and strengthened food security for local communities.
You’ll discover details on all of this in the pages that follow, which I hope you’ll find informative, insightful, and enjoyable to read. I’ll let you get to it, but not before leaving you with a final thought. If 2023 has taught us anything, it’s that we’re on the right path and must stay confident in this core belief: if used with transparency and integrity, carbon markets are an incredible tool for good. We’re proud to be leading the charge, and look forward to continuing to build on what we’ve accomplished and grow our impact in the years ahead.
Onward!
Rob Lee
Chief Carbon Officer
Catona Climate
Portfolio Overview
Our 2023 carbon investments focused on regenerative land management, including agroforestry and grasslands initiatives, as well as a growing base of reforestation activities and household energy activities.
Methodologies
Projects use 4 different methodologies from the VCS and GSF Cookstoves registries.
Project Type
A diverse mix of carbon removals from land management and restoration as well as avoided emissions and deforestration.
SDG Co-Benefits
Projects lead to long-term outcomes in support of the Sustainable Development Goals, particularly Life on Land.
Biomes
Our projects aim to protect, restore, and work with nature in two distinct biomes across the globe.
