Pau, France, 18.03.2023 – The Zero Fund, a leading climate fintech startup, is excited to announce a strategic partnership with Sekem, a project leader in Egypt, to add 23,000 tons of high-quality CO2 equivalents to its marketplace. Sekem has successfully completed the first prototype of the Economy of Love (EoL) scheme on a 830 acre pilot desert farm in the Wahat Baharya Oasis. This project has demonstrated that regenerative agriculture practices, guided by the EoL principles, can significantly contribute to mitigating the impact of climate change.
As a result of the success of the prototype, Sekem has introduced the EoL scheme to 2,100 smallholder farmers, who are members of the Egyptian Business Development Association (EBDA). Through The Zero Fund marketplace, these farmers will now have direct access to a wider market of European companies seeking to offset their carbon emissions through investments in high-quality, certified carbon credits.
“We are thrilled to partner with Sekem and support their efforts to promote regenerative agriculture and mitigate the impact of climate change,” said Jamil Benabdallah, founder of The Zero Fund. “Through our marketplace, we are able to connect companies with the most impactful carbon offset projects, such as those led by Sekem, and help them achieve their sustainability goals.”
The Zero Fund integrates compliance-driven or voluntary carbon action programs into every customer experience, allowing any-size organizations to build net-zero supply chains. Integrating The Zero Fund APIs, organizations can embed fast and easy personalized climate programs directly into their daily operations. These climate programs can run on autopilot by programmatically offsetting CO₂ emissions with high-quality carbon removals on a per-transaction basis. The Zero Fund also offers a full range of ready-made accelerators, connectors and building blocks to deploy white labeling platforms to private or public stakeholders.
