Forest Carbon
Forest Carbon is a Jakarta-based Natural Asset Company that develops, protects, and manages over 437,000 hectares of forests, peatlands, and marine ecosystems across Southeast Asia, generating and selling Verra-certified carbon credits to enterprise buyers including L'Oréal, Microsoft, Nestlé, Chanel, and Singapore Airlines.
- Company typePrivate
- Founded2010
- HeadquartersJakarta, Indonesia
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Forest Carbon does
Forest Carbon is a Jakarta-based Natural Asset Company founded in 2010 that develops, protects, and manages environmental assets — forests, peatlands, and marine ecosystems — across Southeast Asia, monetizing them primarily through the generation and sale of Verra-certified Verified Carbon Units. Its active portfolio spans over 437,000 hectares across five major projects: the Sumatra Merang Peatland Project (22,920 Ha), Kepayang Community Forest (4,888 Ha), Misool Marine Protected Area (122,000 Ha), Bengkawan Hills Forest (37,000 Ha), and Etna Yamor Forest Papua (180,000 Ha), with 4.1 million carbon credits issued to date and a stated goal of 1 million hectares under management. The company serves enterprise credit buyers (L'Oréal, Microsoft, Nestlé, Chanel, AXA, Singapore Airlines, among others) seeking high-integrity nature-based offsets, alongside institutional investors targeted through a $100M blended-capital raise by end of 2025.
Underpinning the asset portfolio is a proprietary in-house technology stack: a cloud-based MRV Dashboard with 115+ customizable modules processing 140+ data points, an AI-driven SmokeD fire detection system integrated with field alerts, a Soundscapes platform that converts site audio into Chladni pattern visualizations via FFT for biodiversity monitoring, and semi-automated reporting tools supporting REDD+, ARR, and WRC methodologies. The business model is transaction-fee based on carbon credit sales, supplemented by institutional capital raises, foundation grants ($2.3M in 2023), and project partnership development. GTM is enterprise-led: direct sales to corporate credit buyers, climate finance event participation (Climate Week NYC 2024), and a blended-capital vehicle developed with The Global Innovation Lab for Climate Finance. The company has raised approximately $20.5M+ across three major rounds (2017, 2020, 2023) with backing from AXA, Saratoga Investama, UBS Foundation, and BNP Paribas, and is recognized among the top five global carbon offset developers.
Forest Carbon firmographics
Firmographics- Name
- Forest Carbon
- Legal name
- Forest Carbon
- Website
- https://forestcarbon.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Forest Carbon is a Jakarta-based Natural Asset Company that develops, protects, and manages over 437,000 hectares of forests, peatlands, and marine ecosystems across Southeast Asia, generating and selling Verra-certified carbon credits to enterprise buyers including L'Oréal, Microsoft, Nestlé, Chanel, and Singapore Airlines.
- Ownership category
- akta.pro rank
Forest Carbon industry classification
Industry- Product category
- Nature-based Carbon Credit Development
- NAICS
- Support Activities for Forestry (11531), Support Activities for Forestry (115310)
- SIC
- Forestry (800), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM) (IMAMAJAD)
- akta.pro secondary industries
- Wetlands, Peatlands & Mangrove Restoration (Blue Carbon Restoration) (EUABABAG), Soil & Biomass Carbon Measurement (Soil Sampling, Forest Inventory, Blue Carbon) (EUABACAH), Forest Carbon Projects & Ecosystem Services (Carbon Credits, Biodiversity) (IMAMAAAJ)
Keywords
Where Forest Carbon is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Forest Carbon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Carbon Credit Sales: Generation and sale of Verified Carbon Units (VCUs) using Verra's VM0007 wetland restoration methodology, ARR, WRC, and REDD+ methodologies. Carbon credits are sold to corporations and climate leaders seeking high-integrity nature-based solutions. Average of 1.2 million carbon offsets generated per year from SMPP alone under Verra certification.
- Environmental Asset Management: As a Natural Asset Company, Forest Carbon develops, protects, and manages environmental assets (forests, peatlands, marine areas) generating carbon and other environmental credits. Revenue generated through carbon credit sales from restoration and conservation projects.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
Forest Carbon product offering
Product offeringCore offering
Forest Carbon is a Natural Asset Company that develops, protects, and manages large-scale ecosystem restoration projects (forests, peatlands, marine areas) in Southeast Asia to generate and sell Verified Carbon Units (VCUs) and other environmental credits. The company operates a portfolio spanning over 437,000 hectares across Indonesia, producing carbon credits certified under Verra's VM0007 wetland restoration methodology as well as ARR, WRC, and REDD+ standards. Its offerings are supported by a proprietary technology stack for Measurement, Reporting and Verification (MRV), including an AI-driven fire detection system, an MRV dashboard, and an acoustic biodiversity monitoring platform.
Product overview
Forest Carbon operates as a Natural Asset Company offering a portfolio of ecosystem conservation and restoration projects across Indonesia and Southeast Asia. The core offering consists of five major carbon credit projects: Sumatra Merang Peatland Project (SMPP), Kepayang Community Forest Project, Misool Marine Protected Area, Bengkawan Hills Forest Project, and Etna Yamor Forest Papua Project, spanning over 366,000 hectares. These projects are supported by a technology platform comprising a custom-built MRV Dashboard and Reporting Tool for centralized data management, the Soundscapes Platform for acoustic biodiversity monitoring, and the SmokeD Fire Detection System for hazard mitigation. Additional service modules include Conservation & Restoration Services, Nature-Based Project Design & Development, Impact Monitoring & Reporting, Carbon Credit Supply, and Education & Public Engagement. Together, these products enable Forest Carbon to deliver high-quality, Verra-certified carbon credits while providing transparency and measurable impact for investors and credit buyers.
Differentiator
Problem solved
Functional benefit
Products and services
- Sumatra Merang Peatland Project (SMPP) A 22,920-hectare wetland restoration and afforestation project in South Sumatra, Indonesia that uses hydrology engineering to re-wet peatland, prevent forest fires, promote forest regrowth, and protect endangered species. Generates Verified Carbon Units using Verra's VM0007 wetland restoration methodology. For corporate carbon credit buyers and institutional investors.
- Kepayang Community Forest Project
- Misool Marine Protected Area
- Bengkawan Hills Forest Project A 37,000-hectare forest restoration project in Kalimantan generating ARR and REDD carbon credits through reforestation and forest conservation activities. For corporate carbon credit buyers and investors.
- Etna Yamor Forest Papua Project A 180,000-hectare forest conservation project in Papua, Indonesia generating carbon credits through forest protection and avoided deforestation. For corporate carbon credit buyers.
- Nature-Based Project Design & Development Partnership service to design verified restoration projects from the ground up, including site assessments, risk analysis, and stakeholder engagement aligned with international standards (VCS, CCB, ART TREES, IFC). For organizations seeking verified nature-based carbon projects.
- Conservation & Restoration Services Large-scale peatland restoration services including canal rewetting, fire prevention, and native species planting that support ecosystem recovery and contribute to long-term climate and biodiversity goals. For project partners and landowners.
- Impact Monitoring & Reporting Monitoring systems to track restoration outcomes across ecology and community impact, including field-based surveys, acoustic monitoring, and reporting aligned with carbon and ESG requirements. For project partners, investors, and credit buyers.
- Carbon Credit Supply Generation and sale of Verified Carbon Units (VCUs) using Verra's VM0007 wetland restoration methodology, ARR, WRC, and REDD+ methodologies. Sold to corporations and climate leaders seeking high-integrity nature-based solutions for offsetting and insetting.
- MRV Dashboard (Project Management Dashboard) Custom-built project management dashboard providing centralized data and automation tools, used for Forest Carbon's own operations and partner-facing project monitoring. Features AI-powered image classification, real-time vehicle and staff tracking, 115 customizable modules with insights from over 140 data points, and tiered auditor access for verification.
- SmokeD Fire Detection System AI-driven fire detection sensors integrated with the dashboard that deliver instant alerts when fire hotspots are detected, enabling rapid response to prevent fires from spreading. Used in Forest Carbon's restoration projects, particularly the Sumatra Merang Peatland Project.
- Soundscapes Platform Software platform that captures real-time audio frequencies from project sites and transforms them into visual Chladni patterns as a measure of ecological health, comparing species richness over time with data available for AI analysis. Used for biodiversity monitoring across restoration projects.
Quantifiable outcome
- 1.3M tons of CO2 reduced annually from Sumatra Merang Peatland Project
- +9 more outcomes
Companies that use Forest Carbon
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles2 records
Forest Carbon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Forest Carbon partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered major, minor and core.
- The Global Innovation Lab for Climate FinancemajorSelected for 2024 cohort to develop blended capital structure tailored for institutional investors. Endorsed during Climate Week NYC 2024. Major validation of Forest Carbon's investment thesis.
- Wildlife Conservation Society (WCS)minorPartner for Seima, Cambodia - WCS Biodiversity Protection Project designed in 2010 alongside Rimba Raya Project.
- Global Alam LestaricoreProject partner for Sumatra Merang Peatland Project. Collaborates with Forest Carbon on the ground for forest patrols, rewetting activities, and restoration work.
- VerracoreCarbon credit registry and certification body. Forest Carbon projects use Verra's VCS methodology (VM0007 wetland restoration) and are registered on Verra Registry. Kepayang project under development for VCS and CCB certification.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Forest Carbon competitors and assessment
Company assessmentDirect peers
- TerraCarbon: Forestry-focused carbon project developer and consultancy working on REDD+, ARR, and IFM methodologies globally. Highly comparable in methodology focus (REDD/ARR), corporate buyer orientation, and monitoring/verification services.
- Cool Effect: Curated marketplace for high-integrity carbon offset projects, with portfolio emphasis on forestry, REDD+, and nature-based solutions. Comparable in selling high-quality nature-based credits to corporate buyers seeking premium options.
- Pachama: Tech-enabled carbon credit marketplace focused on nature-based solutions, connecting corporations with forest and reforestation project developers. Comparable customer base (Microsoft, Salesforce, etc.) and technology-driven approach to forest carbon credits.
- Wildlife Works Carbon: Long-standing REDD+ forest carbon project developer in Africa and Southeast Asia, generating Verra-certified credits with biodiversity co-benefits. Closely comparable in operational model, geography mix (including Indonesia/SE Asia exposure), and customer profile.
- Finite Carbon: U.S.-based forest carbon project developer focused on improved forest management (IFM) and afforestation/reforestation credits under Verra. Comparable in being a project-development-focused nature-based carbon credit issuer targeting corporate buyers.
- South Pole Group: Global developer and broker of nature-based and tech-based carbon credits with a sizable REDD+ and forestry portfolio. Direct competitor in the high-integrity voluntary carbon credit market, matching Forest Carbon's buyer profile and project-development model.
Others
- Verra: Standards body and registry operator for VCS, CCB, and other certifications used by Forest Carbon. Functions as an ecosystem enabler/certifier rather than a competitor; shaping the integrity and methodology standards that determine demand for Forest Carbon's credits.
Emerging players
- Sylvera: Independent ratings and data provider for the voluntary carbon market, evaluating project quality and credit integrity. Overlaps with Forest Carbon's positioning by elevating the importance of MRV rigor – and indirectly competes for buyer mindshare in the high-integrity segment.
- BeZero Carbon: Carbon credit ratings agency producing risk-adjusted prices and project ratings. Adjacent to Forest Carbon's market by validating credit quality and reinforcing buyer willingness to pay premium for top-rated credits.
Broad incumbents
- Mirova Natural Capital: Affiliated with Natixis Investment Managers, Mirova operates dedicated natural capital funds focused on sustainable land use, forestry, and carbon credit generation at institutional scale. Comparable in deploying blended capital to land-based carbon developers and competing for institutional LP dollars in the same thematic pool.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Forest Carbon social profiles
Digital presenceForest Carbon compliance and trust
Trust signalCompliance6 records
Forest Carbon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forest Carbon leadership team
Management profileNumber of profiles
Profiles5 records
Forest Carbon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forest Carbon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forest Carbon
What does Forest Carbon do?
Forest Carbon is a Natural Asset Company that develops, protects, and manages large-scale ecosystem restoration projects (forests, peatlands, marine areas) in Southeast Asia to generate and sell Verified Carbon Units (VCUs) and other environmental credits. The company operates a portfolio spanning over 437,000 hectares across Indonesia, producing carbon credits certified under Verra's VM0007 wetland restoration methodology as well as ARR, WRC, and REDD+ standards. Its offerings are supported by a proprietary technology stack for Measurement, Reporting and Verification (MRV), including an AI-driven fire detection system, an MRV dashboard, and an acoustic biodiversity monitoring platform.
Is Forest Carbon a public or private company?
Forest Carbon is a private company. It is classified as venture growth investor backed and is currently operating.
When was Forest Carbon founded?
Forest Carbon was founded in 2010. It employs 51 to 100 people.
Where is Forest Carbon based?
Forest Carbon is headquartered in Jakarta, Indonesia, in the Asia region.
How does Forest Carbon make money?
Two revenue lines are on record. Carbon Credit Sales are the primary driver. The others are environmental Asset Management.
Who are Forest Carbon's main competitors?
Direct peers on record are TerraCarbon, Cool Effect, Pachama, Wildlife Works Carbon, Finite Carbon and South Pole Group. Verra is listed as an others. Emerging players are Sylvera and BeZero Carbon. Mirova Natural Capital is listed as a broad incumbent.
Does Forest Carbon have an API?
No public API is recorded for Forest Carbon.
What industry is Forest Carbon in?
Forest Carbon's product category is Nature-based Carbon Credit Development. Its primary akta.pro industry code is IMAMAJAD, Carbon Forestry Project Development & Origination (Afforestation/Reforestation/IFM), with a secondary code of EUABABAG, Wetlands, Peatlands & Mangrove Restoration (Blue Carbon Restoration). Its NAICS code is 11531 and its SIC code is 800.