Global Surface Intelligence Ltd (GSi) offers a ground-breaking, patent pending, environmental data service called GSi-Carbon. GSi-Carbon uses satellite data to provide intelligence on the amount of carbon that can be stored in and absorbed by trees and vegetation across the planet's surface. The £400,000 invested in GSi by Par Equity and the Scottish Investment Bank is intended to allow GSi to progress the development of its underlying IT solution, which will allow large volumes of data to be mined, processed and transformed into meaningful and valuable carbon stock and sequestration data.
The market for carbon intelligence data is estimated to be growing at around 20% per annum and worth around £20 billion per year currently. Until now, much of this carbon intelligence has only been obtainable by carrying out extremely expensive and time consuming land-based ground surveys and even then, these surveys can only tell the area's present state. With GSi-Carbon you can see how historically the area of land has changed from 2001 to the present day. As there is a direct correlation between carbon and timber, it can be used to calculate and monitor the standing timber stock for forestry, or growth rates for agriculture, forestry and for carbon crediting. GSi-Carbon helps make better investment decisions whilst providing valuable insight to help understand land use change, deforestation rates and how our ecosystem is being affected by population growth and climate change.
GSi-Carbon provides this data instantly, at the touch of a button and at a fraction of the cost than would otherwise be possible via traditional means. Data like this has never before been available to this extent and certainly not on a global basis. The data also adheres to internationally recognised methods including the Intergovernmental Panel on Climate Change's Good Practice Guidance for Land Use, Land Use Change and Forestry.
GSi's vision is to be globally recognised as the company that made a difference to environmental intelligence.