TERRAFORMATION
21.9.2022 15:09:38 CEST | Business Wire | Press release
Terraformation, the world’s first global forest carbon accelerator, today announces the launch of the Seed to Forest Alliance, with American Forests, Ecosystem Restoration Camps and One Tree Planted as founding members, as well as 1t.org US as an advisory partner.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220915005905/en/
Estimated Number of seed banks still needed per country based on low, medium and high “need for seeds scenarios". Source: Terraformation
Launching at Climate Week NYC 2022, the Alliance supports biodiverse, native reforestation by providing a network to connect forestry teams with financial and technical support; members, who will include corporates, NGOs, and philanthropists, will contribute to research and thought leadership to accelerate reforestation, and share results, best practices and expertise to help the reforestation movement overcome the largest bottlenecks to scale.
The Alliance will initially focus on inadequate seed supply as a barrier to reforestation at scale. New research published today by Terraformation sheds light on the significant scale of upgrades required in the world’s existing seed banking infrastructure to meet global restoration goals.
In recent years, global companies have committed to planting over 3.6 billion trees in their sustainability plans. At COP26, $7.2 billion of private investment was committed to protect and restore forests. However, these targets are not achievable without investment and innovation in global seed banking infrastructure.
Yishan Wong, founder and CEO of Terraformation, said: “Lasting climate solutions only come from collective action across diverse stakeholders. We’re incredibly excited to be working with organizations with the expertise, influence and determination to have a real impact on reforestation around the world. Native ecosystem restoration — with the right plants in the right places — is the most effective and immediately scalable carbon capture solution. Together, we can restore the future of our planet by conserving one of our most valuable resources at the heart of restoration: the seeds.”
Kevin O’Hara, Lead of 1t.org US at American Forests, added: “Time and time again we hear the real and immediate challenges in finding the seeds necessary to reach our ambitious national reforestation goals. 1t.org US is proud to support the work the Seed to Forest Alliance will do to help lift up public, private and NGO efforts to ramp up seed supply here in the US and around the world.”
New research reveals urgency for global seed bank network
Against this backdrop, Terraformation has published The Global Seed Bank Index, the first global review of seed banking infrastructure. The report analyzed the number of seed banks needed to meet the “global restoration potential,” defined as the area of land in the world available for ecological restoration.
The research found that a global decentralized seed bank network would drastically improve restoration outcomes, preserve threatened species, and benefit local communities.
Key findings include:
- Currently, 410 seed banks store native species for ecosystem restoration across 96 countries, but more are needed in almost all countries. Establishing larger regional seed banks could help meet the need for seeds more efficiently.
- More than half of the world’s countries have no known seed banks.
- While the United States, Australia, Brazil and China have the most seed banks, they also need the most new seed banks to meet their restoration potential within 10 years.
- The restoration movement will also need to train hundreds of thousands of new seed collectors to preserve and restore threatened biodiversity.
- The tropics and biodiversity hotspots are the highest priority locations for additional seed banking capacity given their high impact on biodiversity and climate regulation.
Following the study, Terraformation is calling on:
- Businesses to invest in seed banks in their sustainability plans: seed banks are a tangible restoration solution that directly support the UN’s Sustainable Development Goals.
- Governments to support seed banks as a natural resource management strategy: government support at any level can help create a well-connected and scalable decentralized network with locally adapted, resilient seeds.
- Local restoration organizations to prioritize seed banking: people already doing restoration on the ground can add seed banking to their restoration toolkits and scale their work with higher efficiency.
Seed to Forest Alliance
Terraformation and its Alliance members are committed to scaling solutions to the largest bottlenecks to native forest restoration. Four of the largest bottlenecks are inadequate seed supplies, a lack of on-the-ground technical expertise, data accessibility, and insufficient financing. The Alliance will first focus on seed supply, connecting forestry groups with the funding, technology and training to establish local seed supplies and enable biodiverse reforestation at scale.
The Alliance is underpinned by three guiding principles:
- Biodiversity and ecological resilience: the Alliance will only support native, biodiverse forest restoration in accordance with the IUCN Global Standard for Nature-based Solutions. It does not support monocultures or destructive forestry practices.
- Community: the Alliance believes communities are at the heart of resilient and just land restoration. It supports forest restoration projects in alignment with UN Sustainable Development Goals, especially with regard to gender equality, decent work, human health and well-being, and elimination of poverty.
- Measurable impact and transparency: the Alliance prioritizes impact, and as such will set quantifiable goals and transparently report progress.
The Global Seed Bank Index is available to download here.
- ENDS -
About Terraformation
Terraformation is dedicated to restoring the world's forests to stabilize our climate, revive ecosystems, and build thriving communities.
It is launching a forest carbon accelerator, supporting early-stage forestry teams to launch, build, and scale biodiverse reforestation projects and produce high-quality, verified carbon credits.
Terraformation’s partner network spans five continents and includes diverse landowners and organizations. It was founded in 2019 by Yishan Wong, former CEO of Reddit.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005905/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Hisense Delivers 38% Sales Uplift in Western Europe Markets With NIQ’s AI-Powered Market Intelligence6.5.2026 05:00:00 CEST | Press release
NIQ insights drive international expansion and measurable growth for Hisense across key global markets NIQ (NYSE: NIQ), a global leader in consumer intelligence, today shared new learnings from its long-standing collaboration with Hisense, a leading global brand in home appliances and smart technologies. Using NIQ’s AI‑powered market intelligence, Hisense has accelerated international expansion, improved local market decision-making, and delivered measurable growth across more than 20 key markets and 12+ categories. The case study demonstrates how AI‑driven insights help global brands move faster, localize better, and compete more effectively in complex markets. The Challenge As Hisense expanded internationally, it faced rising complexity across global markets. Consumer preferences differed sharply across regions such as Western Europe, Eastern Europe, and Latin America, making a one‑size‑fits‑all approach ineffective. NIQ’s AI‑powered intelligence delivered the local market depth need
Samsung Bioepis Announces Positive Preliminary Phase 1 Data for SB27, Proposed Biosimilar to Keytruda (Pembrolizumab)6.5.2026 01:00:00 CEST | Press release
Phase 1 study has demonstrated pharmacokinetics (PK) equivalence between SB27 and KeytrudaPhase 1 and Phase 3 studies expected to be completed within 2026 Samsung Bioepis Co., Ltd. announced today that the Phase 1 study on SB27, a proposed biosimilar to Keytruda1 (pembrolizumab), has met its primary pharmacokinetics (PK) endpoints. The randomized, double-blind, three-arm, parallel group, multicenter clinical trial demonstrated pharmacokinetic bioequivalence of SB27 (pembrolizumab) to the reference product Keytruda. Initiated in January 2024, Phase 1 study is being conducted in four countries, and is expected to be completed by November 2026.2 The study assessed pharmacokinetics, efficacy, safety, and immunogenicity of SB27, EU-sourced Keytruda, and US-sourced Keytruda in patients with stage II or IIIA non-small cell lung cancer (NSCLC) following complete resection and adjuvant platinum-based chemotherapy. 163 participants were randomized to receive SB27, EU-sourced Keytruda, or US-sour
Megaport Launches Built-In DDoS Protection Enabling On-Demand Network Resilience6.5.2026 00:00:00 CEST | Press release
Megaport DDoS Protection removes the trade-off between security, performance, and cost, offering rapid enterprise-grade mitigation. Megaport Limited (ASX: MP1) (“Megaport”), a leading global automated infrastructure platform, today announced the launch of Megaport DDoS Protection. This new, built-in security capability for Megaport Internet allows customers to filter malicious traffic directly within the Megaport network rather than routing it through a separate or external service, for mission-critical uptime without introducing additional latency or routing complexity. As enterprises increasingly migrate to distributed cloud environments, traditional DDoS mitigation has struggled to keep pace with cloud and distributed infrastructure adoption. Standard ISP solutions often resort to dropping all traffic and taking the service offline to protect the network, while external third-party providers force a "security detour" that reroutes traffic through public infrastructure, introducing s
IFF Reports First Quarter 2026 Results5.5.2026 22:23:00 CEST | Press release
Delivered solid top and bottom line Q1 resultsProgressing disciplined sale process for Food Ingredients businessReaffirms Full Year 2026 Financial Guidance IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Consolidated Summary: Management Commentary “IFF is off to a solid start in 2026, with first quarter results that reflect the customer focus and operational execution we’ve been building across the company,” said Erik Fyrwald, CEO of IFF. “We delivered volume growth in all four segments, improved profitability, and generated strong cash flow in the first quarter. As we look ahead, we are maintaining a disciplined approach to how we are planning the balance of the year as the current operating environment remains unsettled. We remained focused on advancing our commercial and innovation pipelines, driving productivity, and working with customers to offset inflation. This – when combined with our solid start to the year – derisks t
Logitech Announces Q4 and Full Fiscal Year 2026 Results5.5.2026 22:06:00 CEST | Press release
Strong FY 2026 Demonstrates Strategy and Operating Principles Are Delivering SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full Fiscal Year 2026. For Fiscal Year 2026: Sales were $4.84 billion, up 6 percent in US dollars and 4 percent in constant currency compared to the prior year. GAAP operating income was $775 million, up 18 percent compared to the prior year. Non-GAAP operating income was $911 million, up 18 percent compared to the prior year. GAAP earnings per share was $4.80, up 16 percent compared to the prior year. Non-GAAP EPS was $5.78, up 19 percent compared to the prior year. Cash flow from operations was $1.04 billion. The year-ending cash balance was $1.7 billion. The Company returned $768 million of cash to shareholders through its annual dividend payment and share repurchases. For Q4 Fiscal Year 2026: Sales were $1.09 billion, up 7 percent in
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
