The crop is regenerating degraded land and sequestering carbon
Spotted: As an incredibly fast-growing crop that uses minimal amounts of water and requires almost no maintenance, bamboo is an important sustainable alternative to hardwoods. With most commercial production concentrated in Asia, however, the majority of products around the world rely on imported bamboo. One grower, BambooLogic in The Netherlands, is seeking to reduce the environmental costs of such significant transport emissions by building a more circular economy based in Europe.
The company is establishing the European Union’s first bamboo fields in Portugal. A pesticide-free crop, the bamboo is being used to regenerate degraded land in the Alcoutim region of Portugal. Having already planted 150 hectares of the grass, BambooLogic sells bamboo plants, poles, biomass, and chips. BambooLogic is moving into its second phase of development, focused on expanding to an additional 2,000 hectares of planting and then acquiring land for planting in other countries. The company’s current estimates for carbon sequestration are a rate of 48 tonnes per hectare per year.
Crucially, the bamboo market is expected to grow rapidly in coming years and BambooLogic offers customers the chance to be a part of it with investment opportunities. Projected future demand for bamboo drastically outweighs availability, so the company highlights that the crop provides “attractive long-term returns”. And because bamboo agriculture is a great carbon sequestration tool, BambooLogic also offers certified carbon removal credits, as well as the option to become a grower.
Written By: Keely Khoury