Hillside with a forest with young pine trees

Motor Verde and Sylvestris

Reforesting to mitigate carbon footprint

Motor Verde, sowing the future for all

A pioneering project of the Repsol Foundation, and its investee company Grupo Sylvestris, to promote carbon footprint offsetting through reforestation in Spain and Portugal. Generating a three-fold transformative effect on the economy, society, and the environment.

70.000

Hectares to reforest

16

Million tons of CO2 to mitigate

Thousands

Of local and inclusive employment opportunities 

100 M €

To be invested through the Investment Fund of Repsol Foundation, Crédit Agricole y Portobello Capital

Environmental, social, and economic impact on the rural environment

Environmental

Reforesting brownfield or fields affected by fires creating new forests which contribute to the fight against climate change by absorbing CO2. In all Motor Verde projects, native species are planted to restore biodiversity.

Social

Creating local and inclusive employment opportunities in Spain and Portugal by offering training programs to improve the employability and promote the forestry sector entrepreneurship. Contributing to keep population in rural areas.

Economic

Betting on a future investment. Boosting the business network in the rural areas.

Benchmark in innovation and technology

Grupo Sylvestris has its own unique methodology that focuses on technology and innovation in all phases of the project. From site location and assessment, to monitoring and tracking of CO2 absorption.
Green Engine has the participation of Hispasat, a strategic partner of the project, which has become a shareholder of Grupo Sylvestris. State-of-the-art satellite technology is used to monitor, track, and control the forests and their growth. This technology contributes to making the process of carbon sequestration and management of forest stands as scientific, precise, and rigorous as possible. This makes Green Engine a benchmark in technological innovation applied to forestry engineering for CO2 absorption.

100 million to invest in reforestation

The Repsol Foundation has created an ESG Portobello Green Carbon Fund, together with Crédit Agricole Indosuez and Portobello Capital. It is the first investment fund in Spain to support large-scale forestry projects for CO₂ offsetting and will have €100 million available for large-scale reforestation projects.

Image of a valley from the top of a mountain

Now you too can calculate and mitigate your carbon footprint

Calculate your carbon footprint quickly and easily. Decide with how many trees and in which of our forests you want to mitigate it.

 

The new green economy projects that we promote at the Repsol Foundation

We have a stake in and support companies working for a sustainable, efficient, fair, and inclusive energy transition.

Here you can learn about and mitigate your CO2 footprint

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