A journey to going organic
For several years, Batiki Island has been farmed and operated under regenerative management, making it one of the world’s very few locally-owned Organic Certified Islands.
The island’s management has embraced a positive & innovative approach to regenerative farming, using education (Soil School), data collection and third-party analysis to monitor & increase the amount of Soil Organic Carbon (SOC) on the island. As a result, the island has achieved an average yearly increase of 0.7% in Soil Organic Carbon (SOC). The Organic Matters Foundation has supported the island’s efforts, working with Batiki Management to achieve these outstanding results.
Established in 2015, ‘Bula Batiki’ is a collective of the 300 villagers living on Batiki Island, Fiji.
Bula Batiki aims to provide the most delicious coconut oil the Pacific has to offer, whilst creating a sustainable income for the island community — all without harming the island (and planet) that we call home.
We believe that by showing you where and how coconut oil is made, you will get a small taste of Fijian island life, and a chance to see the real impact your purchase is having on our remote island community.
The Carbon Collectve
An innovative banking platform for individuals to offset & trade carbon.
On Batiki Island, Sequestered Carbon is stored in soil and can be traded as a carbon credit. To facilitate this, we have developed the Carbon Collective (CC) - an innovative banking platform that allows individuals to offset & trade carbon.
With the first-generation of the CC complete, we are now seeking to raise capital to complete research & development and begin work on the second-generation of the platform. Additionally, the raise will: (1) prove mass carbon trading as a concept and gain trust in the CC as a new and innovative banking platform; and (2) establish the pilot as a viable income stream for Batiki Island.
To raise the funds, we are running a Carbon Auction. The Carbon Auction will give individuals the opportunity to buy Sequestered Carbon to offset their own emissions, and open their very own carbon banking account.
The amount of carbon for auction has been carefully calculated. Batiki Island’s total Sequestered Carbon has been measured to take into consideration the islands total carbon footprint. This amount has then been subtracted from the island’s yearly Sequestered Carbon, leaving us with a net amount of carbon to auction of approximately 53,000 tons. Batiki Island will deposit the 53,000 tons of carbon into the first carbon bank account - ‘Account No1’. Once auctioned, Batiki island and its community will receive an ongoing interest on the carbon sold, at a rate that follows traditional banks cash interest rates (+4%).