Autumn benefit for private and company customers: ICE Forest Coin at price 19.90 € (plus VAT, and fee 2 € & 0.2 %). In addition, you get Climate Loyalty Program points as double. For the first customer to receive Personal My Level (50 points) we donate a valuable Silver Coin box. The steps of Climate Loyalty Program you find here.
Are you interested in compensating your carbon footprint? ICE Forest Coin (I Care for Emissions, Metsäkolikko in Finnish) is a service with which you can easily and effectively cover your carbon footprint by investing in the Finnish forest. The ability of growing forests to bind carbon is superior compared to other ways. If you are a forest owner, please contact us by email, and we find out whether your forest is suitable to be offered as a carbon sink for the ICE Forest Coin service.
The price of the carbon ton in the European Union emissions trading is 24,68 € (29.10.2019). This is your opportunity to buy your Coins now! We plan to expand the Forest Coin service for resale. We will inform more about this act later. Furthermore, we have opened Climate Loyalty Program which you can join from the beginning – get acquainted to the latest Top 5 ranking at our web-site Economy.
Buy Metsäkolikko / ICE Forest Coin! Act this way:
- Fill in your customer information
- Make contract for the amount of Metsäkolikko / ICE Forest Coin you prefer
- Pay by Paytrail – you get confirmation to your email
What is ICE Forest Coin all about?
Increasing the carbon sink of the forests is an effective solution to decrease carbon dioxide burden of the atmosphere. In Finland, the growing forest binds carbon dioxide approximately 9,000 kg/ha/y. We make a carbon dioxide binding contract with the forest owner in which the owner guarantees not to log trees in a selected area for a period of five contract years. We check that the forest is suitable to bind carbon, the ownership of the forest and the fact that the forest has not been logged during the contract period. The existence of the trees and the growth of the forest is checked yearly, after which the forest owner gets the profit for leaving the trees to grow, instead of logging them. Forest Coin follows the emissions trading of the European Union and is based on the scientific evidence of the forests’ ability to bind carbon dioxide from the air. One Forest Coin responds to an annual carbon dioxide ton (1,000 kg), and you can buy that amount of Forest Coins you prefer. The price of one Forest Coin is ca 33 € at the moment (including sales tax 24 %). The price follows the price level of the European Union emissions trading.
The authority clearings have been conducted with the European and Finnish Intellectual Property Offices (IPO, PRH), and with the Finnish authorities Financial Supervisory Authority, Office of the Data Protection Ombudsman and tax administration.
The benefits of Forest Coin compared to other ways to bind carbon are:
- An efficient way to influence on climate change: ten times as effective as, for example, the environmental rehabilitation of the peatlands.
- Creates new working places now and in the future: the service is developed, studied and piloted in Finland, and it will be expanded worldwide later.
- Forest Coin does not need public state or community financing since its funding raises from private persons and enterprises.
What is your own carbon footprint?
According to the report of the Finnish Innovation Fund Sitra, the yearly carbon footprint of an average Finn is 10 300 kg. The biggest carbon dioxide source is living, covering one third of the whole carbon footprint. Other sources are transportation, food and other consumption.
You can also calculate your own annual carbon footprint with, e.g., calculator by Sitra.