Cork-based Treemetrics wins €1.2m contract with European Space Agency

Treemetrics provides its clients, which include Coillte and the World Bank, with ways to become carbon neutral by facilitating the sale of forests to corporate companies for carbon credits.

Enda Keane, Chief Executive Officer Treemetrics, said: “Sustainable forest management is about trying to get more timber produced from less trees.” Picture: Jim Coughlan

Cork-based forestry software company Treemetrics, which facilitates the auction and measurement of forests, has signed a €1.2m contract with the European Space Agency (ESA).

The two-year contract will allow Treemetrics to use ESA tools such as satellite imaging and data analytics to create accurate forest carbon credit estimates.