AirEco: A Digital Marketplace for Natural Capital Providers, Business and Consumers | Climate Finance, Indonesia 2020
Lestari Capital's e-commerce solution offers a blockchain-backed application to aggregate and increase consumer access to ecosystem services markets. Consumers will have the opportunity to offset their carbon impacts through the purchase of divisible chunks of carbon credits, catered specifically to their purchasing behaviour. This solution offers great potential not only to directly engage businesses and their consumers in building low carbon markets, but also offers great potential to generate future opportunities for SMEs and community-based organisations engaged in ecosystem services markets to easily tap into these existing markets and find buyers for their certified credits.
This solution was pitched as part of the SEED Practitioner Labs Climate Finance cycle in Indonesia in 2020.
The SEED Practitioner Labs Climate Finance in Indonesia engaged financial institutions, funders, intermediaries and other SME ecosystem stakeholders over a multi-step process to co-create innovative climate finance products and mechanisms that extend access to long-term financing opportunities for “missing middle” small and growing climate-smart enterprises that struggle to advance beyond the start-up stage and multiply their contributions to climate-smart and socially inclusive economies.