The fact there's a big pile of money being unused, while the tree planting slowdown as a result of the pandemic still hasn't been fixed (it still takes 1.3 seconds to plant a tree, apparently it used to be 0.9 seconds) worries me. Are they making more money than they could spend on tree planting? I doubt that, there's always more charities to support, or existing tree partners with abitious plans which would love the money to execute them. Is Ecosia saving up for something big? In that case, I'd be wondering what kind of massive project requires so much money, and can't be paid from their "green investments" fund. Instead it's in a bank account somewhere. Tens of millions of trees could be planted using that money, transforming entire landscapes, providing jobs and protecting vulnerable communities from hunger, heat and drought in a year marked by record-shattering heatwaves. ![]() While I get some money needs to be saved to make sure charities are paid even if the monthly revenue is less than expected, but 11 million is just ridiculous. We are hereby asking other organisations to join our efforts, by contributing financially or by spreading the word, so we can save the forest together.As of the most recent financial report (june 2022), Ecosia has a whopping 11.465.150 euros in their tree fund. Kroll said the company would do everything in their power to preserve the Hambach Forest and to fight for an immediate transition away from coal: “Under no circumstances will we accept that a monopolist’s greed and focus on nothing but profits is being prioritized over the interest and health of the public as well as the future of our planet. Last year, for the first time, Germany produced more renewable energy than brown coal energy, and this is the direction we need to keep working towards.” ![]() “In 2017 Germany exported 79.8 Terrawatts of energy to neighbouring countries, and generated revenues of 1.8 billion euros from these exports. Ecosia’s German Country Manager, Génica Schäfgen said the Hambach Forest did not need to be cut down to secure Germany’s energy supply. On Sept 29th, 2018, 50,000 people demonstrated at the Hambach Forest and RWE’s coal mine calling for Germany, the world’s largest producer of lignite, to speed up its coal exit plan. Our reputation as a reliable partner in the fight against climate change is at stake.” The latest UN IPCC report clearly identified Germany as one of the biggest climate culprits because of its continuous large-scale lignite exporting. This has turned the topic into a situation of international outrage. On top of that, RWE’s plans to continue mining for lignite are a breach of international climate agreements Germany signed and promised to adhere to. Their position clashes with the public interest: according to the most recent surveys, 75% of Germans want the Hambach Forest to be preserved. In the meantime, the forest’s fate hangs in the balance: “When we last spoke to them, RWE indicated that they are confident they will be allowed to continue cutting down the Hambach Forest soon. A regional court temporarily halted RWE’s plans to cut down the Hambach Forest to determine whether the endangered species living in the unique biotype justified preserving the forest. The Hambach Forest, located in West Germany, is 12,000 years old and home to 13 endangered species. RWE is currently Europe’s largest CO 2 emitter and number 41 of the 100 organisations responsible for 71% of the world’s CO emissions. ![]() We will not back down until RWE agrees to continue negotiating and to enter serious discussions about phasing out coal as soon as possible.” Ecosia’s CEO Christian Kroll hopes the Hambach Forest can be turned into a nature reserve to keep it accessible to the public and preserve it for future generations: “We will continue trying to get RWE’s leadership level to wake up. After RWE declined the initial offer, Ecosia is now asking like-minded organisations and companies to join the cause and help raise the sum for a second offer.Įcosia, a Berlin based startup, has used the advertising revenue generated from its search engine to plant more than 40 million trees in 19 biodiversity hotspots globally. In early October, Ecosia stepped in with an unsolicited offer of €1 Million to buy the forest from RWE. RWE is planning to log the forest to mine for lignite, expanding Germany’s largest open face coal mine. Ecosia, the world’s largest not-for-profit search engine, is currently trying to save the last remaining stretch of the Hambach Forest from being cut down by energy company RWE.
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