Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Ecostack is a carbon credit marketplace built to serve the African carbon credit market. Helping high emission companies transition to a low carbon economy while exposing green projects to carbon credit access and global recognition.

01.01 Décrivez votre startup en détail

Ecostack is a carbon credit marketplace for carbon intensive companies, Local climate startups and verification Bodies. This platform enables interaction between carbon buyers and seller, as well as ensure verified carbon offsets. Our platform uses user friendly technologies and blockchain to suggest small, incremental changes to business operations, connect them to green energy sources, and process carbon credits to offset unavoidable emissions. Through this, businesses can reduce their carbon footprint and contribute to the global fight against climate change. Our platform also offers valuable insights and data to help businesses make informed decisions about their sustainability goals and track their progress over time

01.02 Quel est le problème principal que vous essayez de résoudre ?

In the African carbon market, a pressing issue has long been evident, the lack of structure and organization. Carbon-intensive companies, eager to offset their emissions, struggle to find authentic and reliable local carbon credits. This scarcity of trustworthy options hinders their ability to meet their sustainability goals. Meanwhile, local climate startups, despite their potential, find themselves invisible in the carbon credit market. They face significant barriers in accessing the funding they need to grow and make a meaningful impact. Also, carbon verification bodies, responsible for ensuring the integrity of carbon credits, face difficulties in tracking and managing projects in real-time. This inefficiency leads to delays and increased costs, ultimately hindering the overall effectiveness of the carbon market. Primarily, Ecostack aims to address the impact of carbon emissions on the environment.

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

By facilitating the purchase and sale of carbon credits, Ecostack is playing a vital role in mitigating climate change, one of the most pressing issues of our time. This innovative platform is supporting sustainable development, enabling companies to invest in renewable energy projects, reforestation, and energy efficiency initiatives that benefit both people and the planet. Through its projects and initiatives, Ecostack is creating employment opportunities in the sustainability sector, empowering local communities, and promoting environmentally conscious practices among individuals and businesses alike. By providing access to clean energy, improving air quality, and enhancing overall well-being, Ecostack's projects are having a tangible impact on people's lives. Moreover, Ecostack's impact aligns with 7 UN SDGs. By encouraging companies to prioritize sustainability and social responsibility, Ecostack is promoting a culture of environmental consciousness.

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

Our targeted beneficiaries include: Renewable energy project developers, forestry and land-use projects, energy efficiency and waste reduction project developers, and African businesses and communities implementing sustainable initiatives, who can sell their carbon credits on our platform and access new revenue streams. Also, Companies from high-emission industries like energy, transportation, and manufacturing, seeking to reduce their carbon footprint and comply with government regulations, who can purchase carbon credits to offset their emissions.

01.05 Quand votre entreprise a-t-elle été créée ?

01/02/2023

01.06 Vendez-vous déjà votre produit/service ?

Non

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

1

01.08 Parmi les autres propriétaires, combien sont des femmes ?

1

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

Ayalogu Ijeoma is the founder of Ecostack. She is a graduate of the Federal University of Technology Owerri with a degree in Civil and Environmental Engineering, she has made significant strides in the sustainability sector. She has not only achieved remarkable milestones but also dedicated herself to raising awareness about sustainable practices and actively volunteering for initiatives such as Ecodrive and Ecofuel as an ENACTUS member. As a leader, she skillfully directs her team and promotes collaboration for the success of Ecostack. Obianuju Madike is the Business opportunity Director. She finds and develops new business opportunities, builds partnerships, seeks market opportunities, and leads market expansion efforts. She analyses business metrics to inform decision-making and drive growth. She also has experience in project management, leading incremental changes across various projects in the industry.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

Website: http://ecostackgroup.com Socials : https://www.instagram.com/ecostackhq?igsh=MWNwbmFvdmFqNjRpOQ== https://www.linkedin.com/company/ecostackhq/ https://youtube.com/@ecostackhq?si=MfOLhhgpWwsEXJ9K https://x.com/ecostackhq?s=11

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Autre : Emission Reduction

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

Ecostack contributes to the United Nations' Sustainable Development Goal of No Poverty (SDG 1) in several meaningful ways. By supporting renewable energy, forestry, and land-use projects, Ecostack promotes sustainable livelihoods and job creation, helping to lift people out of poverty. Additionally, Ecostack's platform provides access to financing for sustainable projects, which can help alleviate poverty by supporting economic development and growth. Moreover, Ecostack empowers local communities to take ownership of their development, supporting African businesses and communities in implementing sustainable initiatives. This not only reduces poverty but also promotes sustainable development and environmental conservation. By protecting natural resources, which are often the primary source of livelihood for impoverished communities, Ecostack helps address the root causes of poverty.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

5

02.02.02 Justification de la contribution de ma startup

Ecostack contributes in ending hunger, achieving food security, and promoting sustainable agriculture. By supporting sustainable agriculture practices, Ecostack helps increase crop yields and improve food security through carbon sequestration and soil conservation. Through its platform, Ecostack promotes land-use projects that prioritize sustainable forestry, agroforestry, and permaculture, encouraging eco-friendly farming practices and reducing deforestation. Smallholder farmers are empowered through access to financing, technology, and expertise, enabling them to adopt climate-resilient agricultural practices and boost productivity. Ecostack also promotes climate-resilient agriculture by supporting projects that enhance agricultural productivity, improve water management, and reduce post-harvest losses.

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

7 - tout à fait d'accord

02.03.02 Justification de la contribution de ma startup

Ecostack makes a significant contribution to the Good Health and Well-being goal by tackling various environmental and social factors that impact human health. By promoting clean energy and carbon offsetting, Ecostack helps reduce air pollution, a major culprit behind respiratory problems and other health issues. Additionally, its focus on sustainable land-use and forestry projects ensures healthy watersheds, reducing the risk of waterborne diseases and improving overall water quality. Ecostack also supports sustainable agriculture, encouraging eco-friendly farming practices that produce healthy and nutritious food, essential for better health and well-being. Furthermore, the carbon credit revenue generated through Ecostack can be used to fund healthcare initiatives and improve access to medical services, particularly in underserved communities. Particularly, Ecostack addresses the health impacts of climate change by mitigating its effects through carbon reduction and offsetting.

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

5

02.04.02 Justification de la contribution de ma startup

While Ecostack's primary focus is on carbon credits and sustainability, its revenue could potentially be used to support educational initiatives or projects that promote environmental awareness and sustainability education, contributing to the Quality Education goal. However, this connection is indirect, and Ecostack's primary impact is on the environment, not directly on education.

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

7 - tout à fait d'accord

02.05.02 Justification de la contribution de ma startup

As a woman-founded startup, Ecostack is already promoting gender equality by breaking gender barriers in the tech and sustainability industries. Women in leadership positions can serve as role models and inspire others, helping to address gender disparities. Additionally, Ecostack's focus on sustainability and community development can have indirect benefits for women and girls, such as improved access to education, healthcare, and economic opportunities. By being a woman-led organization, Ecostack is already contributing to the Gender Equality goal.

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

6

02.06.02 Justification de la contribution de ma startup

Ecostack promotes sustainable land-use and forestry projects, as well as its promotion of eco-friendly practices, can help maintain healthy watersheds and reduce water pollution. Additionally, Ecostack's support for renewable energy and carbon reduction can lead to improved access to clean water and sanitation, particularly in communities where water treatment and sanitation infrastructure are often powered by fossil fuels.

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

7 - tout à fait d'accord

02.07.02 Justification de la contribution de ma startup

Ecostack's primary focus is on promoting clean energy and reducing carbon emissions, which directly contributes to the Affordable and Clean Energy goal. By connecting carbon-intensive companies with green energy sources and carbon offsetting projects, Ecostack helps increase access to renewable energy and reduces dependence on fossil fuels. Additionally, Ecostack's blockchain-based platform ensures transparency and efficiency in the carbon credit market, further supporting the transition to affordable and clean energy.

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

6

02.08.02 Justification de la contribution de ma startup

Ecostack's carbon credit revenue and sustainability projects can create new job opportunities in the clean energy and environmental sectors, contributing to decent work and economic growth. Additionally, Ecostack's focus on community development and engagement can lead to increased economic activity and investment in local communities, promoting inclusive and sustainable economic growth. By supporting green initiatives and reducing carbon emissions, Ecostack also helps create a more sustainable and resilient economy, which can lead to more stable and decent work opportunities.

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

7 - tout à fait d'accord

02.09.02 Justification de la contribution de ma startup

Ecostack's innovative carbon credit marketplace directly contribute to Industry, Innovation, and Infrastructure by: Developing new technologies and infrastructure for sustainable development; Encouraging innovation in clean energy and environmental projects; Enhancing global connectivity and collaboration through its digital platform; and Supporting the development of sustainable infrastructure projects, such as renewable energy and green transportation.

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

6

02.10.02 Justification de la contribution de ma startup

Ecostack's focus on community development and engagement, as well as its support for sustainable land-use and forestry projects, can help reduce inequalities by: Promoting equal access to resources and opportunities; Empowering local communities, particularly marginalized groups; Supporting inclusive and sustainable economic growth; and Addressing environmental injustices and disparities.

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

4

02.11.02 Justification de la contribution de ma startup

Ecostack's focus on sustainable land-use, forestry, and environmental projects directly contributes to Sustainable Cities and Communities by: Promoting eco-friendly practices and reducing carbon emissions; Supporting green infrastructure and urban planning; Encouraging sustainable transportation and energy solutions; and Empowering local communities to adopt environmentally conscious practices.

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

7 - tout à fait d'accord

02.12.02 Justification de la contribution de ma startup

Ecostack makes a significant contribution to the Responsible Consumption and Production goal by addressing various aspects of sustainable development. Through its carbon credit marketplace, Ecostack incentivizes companies to reduce their greenhouse gas emissions, promoting responsible production practices and encouraging the adoption of cleaner technologies. Additionally, the platform supports sustainable land-use and forestry projects, reducing deforestation and promoting eco-friendly consumption patterns. By focusing on renewable energy and energy efficiency, Ecostack encourages companies to adopt cleaner production methods, reducing waste and pollution.

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

7 - tout à fait d'accord

02.13.02 Justification de la contribution de ma startup

Ecostack directly contributes to Climate Action by reducing greenhouse gas emissions through its carbon credit marketplace and sustainability projects. By connecting carbon-intensive companies with green energy sources and carbon offsetting projects, Ecostack promotes renewable energy, energy efficiency, and sustainable land-use practices. This helps mitigate climate change by decreasing carbon emissions, supporting global efforts to limit warming to 1.5°C above pre-industrial levels, and fostering resilience in the face of climate-related challenges. Ecostack's innovative approach and scalable impact make it a strong contributor to the Climate Action goal.

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

5

02.14.02 Justification de la contribution de ma startup

Ecostack's focus on sustainable land-use and forestry projects can have a positive impact on ocean health by reducing deforestation and promoting eco-friendly practices that minimize water pollution. Also, Ecostack's carbon credit marketplace can support projects that promote sustainable fishing practices, marine conservation, and reduced plastic pollution. While Ecostack's primary focus is not directly on ocean conservation, its efforts contribute to reducing the environmental impact on marine ecosystems, aligning with the Life Below Water goal.

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

6

02.15.02 Justification de la contribution de ma startup

By supporting reforestation and sustainable land management, Ecostack helps to combat deforestation, soil erosion, and desertification, protecting ecosystems and biodiversity. Ecostack's carbon credit marketplace can support projects that promote sustainable agriculture, conservation, and sustainable use of natural resources, further aligning with the Life on Land goal.

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

5

02.16.02 Justification de la contribution de ma startup

Ecostack's carbon credit marketplace and sustainability projects promote transparency, accountability, and good governance, aligning with the Peace, Justice, and Strong Institutions goal. By supporting sustainable development and carbon offsetting, Ecostack encourages companies to adopt responsible practices, reducing the risk of environmental damage and social conflicts.

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

6

02.17.02 Justification de la contribution de ma startup

Ecostack's carbon credit marketplace and sustainability projects exemplify the Partnerships for the Goals spirit by bringing together companies, governments, and communities to achieve common sustainability objectives. By facilitating collaboration and investment in sustainable development projects, Ecostack fosters global partnerships that drive progress towards the SDGs.

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

1 = Pas du tout d'accord

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

6

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

6

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

1 - Pas du tout d'accord

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

2

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

7 - Tout à fait d'accord

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

1 - Pas du tout d'accord

06.08 Justification

Ecostack’s product represents an entirely new type of product by offering a comprehensive carbon credit marketplace that integrates cutting-edge technology, user-friendly interfaces, and robust verification processes. Ecostack’s product could be described as a new technology because it leverages advanced algorithms, blockchain for secure transactions, and real-time data analytics to ensure transparency and efficiency in carbon credit trading. Ecostack’s product responds to a demand or need that has not been satisfied by other products/services. Traditional carbon credit platforms often lack comprehensive integration and structure. Ecostack fills this gap by providing a seamless, efficient, and trustworthy platform for carbon-intensive companies, climate startups, and verification bodies to interact and trade verified carbon credits effectively.

06.09 Analyse compétitive

The market is a blue ocean which we believe we stand out to any other competitive by the following reasons. - We built our product on combination of technologies for comprehensive and efficient service which includes incorporating blockchain to ensure transparency. - We surpass traditional carbon offsetting programs with flexible approach for smooth transition without operational disruptions - We implement Gender Action Plan for inclusivity and equality - We actively promote all categories of green projects in Africa

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?

Not yet , but we have plans to incorporate awareness of the females in entrepreneurship . Starting from our product being headed by a female , we indeed to encourage other women out there especially those in the climate space.