Jord: Green Fuel

Producing biofuel from grass used to regenerate degraded soils.

Resumen de la inversión

Categoría de impacto

Sistemas agroalimentarios

Tipo de inversión

Préstamo

Interés anual

Plazo

meses

Nivel de riesgo

B-

Jord wants to revolutionize the fuel industry by producing biofuel from grass used to regenerate marginal and degraded soils. Jord's approach offers an alternative to fossil fuels whilst capturing more carbon than it emits.

This campaign's purpose is to finance the construction of a pressing facility to enable the production of biofuel from C4-grass in the Dominican Republic.

Jord envisions a sustainable future for the Dominican Republic by producing CO2e-negative biofuel from regeneratively grown C4-grass, that can facilitate a transition towards renewable energy. In a broad sense, the project involves reducing the country's dependence on fossil fuels, preventing deforestation, and actively contributing to the restoration of marginal and degraded land. Jord believes that biofuel will play a pivotal role in steering the country toward a renewable, environmentally conscious, and resilient future.

The establishment of a pressing facility on one of Jord’s land plots will enable the production of biofuel from C4-grass, responding to the demonstrated local demand as signified by secured letters of intent. The next step in the sequence is to connect a pellet production line to increase the value of the biomass. A dedicated warehouse will be constructed to house pressing operations and manage inventory. Additionally, solar panels will be installed, fostering energy self-sufficiency.

The expected success of this initiative will provide a scalable model, for expansion within the Dominican Republic, across the region, and ultimately, on a global scale.

¿Cuál es el impacto?

Promotion of sustainable fuel alternatives: Jord's operations yield approximately 36,000 tons of sustainable biofuel per 1,000 hectares of land with C4 grass, grown regeneratively. The sustainable biofuel is a renewable alternative to fossil fuels, that can be used in a wide range of industries.

Contribution to carbon removal and mitigation of climate change impacts: through a validated methodology, Jord promotes carbon storage in the soil and in the biomass above the soil. The methodology also avoids further carbon emissions, by enabling burning biofuel instead of fossil fuels. Replacing fossil fuel with biofuel from Jord's first unit can avoid approximately 30,000 tons of CO2 from being emitted to the atmosphere every year.

Restoration of degraded soil’s health and productivity: Within Jord’s business model, the land used for the C4 grass production, processed as biofuel, is marginal and degraded land – which means that those areas that are poor in nutrition and/or are not being used for agriculture are used with a better purpose.

The land is managed with a holistic regenerative agronomic plan in which from 8 to 12 years, the land goes through a regeneration phase, storing CO2 underground and nutrients from the biomass of the C4 grass. After that, comes a phase of around 2 years of food or commercial farming crops.

Sustainable production practices and decoupling growth from environmental degradation: At this stage, Jord's local factory is set to be 100% self-sustainable, utilizing no external grid resources. At the same time, Jord’s activities create jobs and aim for few to no layoffs resulting from the repurposing of coal factories.

Contribución a los Objetivos de Desarrollo Sostenible
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Sobre el promotor

About

Jord AB

Fundada en 2017, Jord está comprometida con la restauración de la biosfera y la entrega de productos renovables. Con sede en Estocolmo, su equipo directivo incluye al CEO y Presidente Peder Dagsanth, al Director General Charles Hefner en República Dominicana y al Director General Ababacar Diop en Senegal. El equipo global incluye cinco personas en la sede, una fuerza laboral de 14 empleados en julio y 9 en junio en Senegal (incluyendo 4 gerentes), y 18 empleados a tiempo completo en julio y 16 en junio en la República Dominicana (incluyendo 2 gerentes), todos colaborando hacia la visión de la empresa.

La misión de Jord tiene sus raíces en la infancia de Peder en el oeste de Suecia, donde una profunda conexión con la gestión forestal le hizo darse cuenta de que la naturaleza podría ser una fuente crucial para restaurar el ciclo natural del carbono. En 2017, el liderazgo de la compañía, junto con innovadores y expertos de la agroindustria, emprendieron una misión para crear un proceso eficiente que regenerara el suelo, abordara el aumento de los niveles de CO2, redujera la dependencia de los combustibles fósiles y restaurara el ciclo natural del carbono.

El modelo de agroforestería regenerativa de Jord utiliza tierras marginales o degradadas y pastos especializados de tipo C4 para absorber grandes cantidades de CO2, enriqueciendo el suelo y aumentando su fertilidad. La hierba cosechada se transforma en biocombustible sólido y biocarbón, proporcionando una alternativa sostenible a los combustibles fósiles mientras mejora la calidad del suelo.

Hasta donde Jord tiene conocimiento, la empresa es un proveedor único que ofrece una solución integral al problema triple de las tierras marginales y degradadas, la dependencia de los combustibles fósiles y el aumento de los niveles de CO2 en la atmósfera. Reinventando los biocombustibles, Jord está liderando el camino con un enfoque sostenible que prioriza la preservación ambiental. Mirando hacia el futuro, Jord espera expandirse a nivel mundial, con vastas tierras marginales y degradadas que necesitan restauración, junto con una creciente demanda de energía y una población en aumento. Con la visión de un futuro libre de combustibles fósiles, Jord está comprometida a hacer una contribución significativa a este objetivo transformador.

En 2023, Jord alcanzó logros significativos. Asociándose con Phoenix BioPower, la empresa está investigando y desarrollando activamente una plataforma comercial integral para energía renovable y despachable, acelerando la transición hacia una generación de energía verde y sostenible.

Sitio web del promotor

https://www.jord.one

Equipo

[{"id":155,"promoter_id":310,"name":"Peder Dagsanth","description":"In his capacity as CEO and Chairman, Peder brings extensive experience in both pellet production and successful leadership of industrial businesses. As the founder of Borga, he has led the company to a notable turnover of SEK 800 million, securing a top-three industry position in Sweden. With over 13 years in pellet production, Peder co-designed a production line focusing on tree pellets from sustainable sources. His diverse expertise enhances his strategic leadership within the organization.","link":"https://www.linkedin.com/company/jordab/","role":"CEO and Chairman","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/656/f3c/2de/656f3c2dec3e8935808868.jpg","avatar_id":122448},{"id":156,"promoter_id":310,"name":"Eva Teekens","description":"As Jord's Chief Commercial Officer, Eva plays a critical role in driving revenue generation and market expansion. Her focus extends to ensuring Jord's products reach target markets, generate revenue, and lead fundraising initiatives. With 14+ years dedicated to shaping collaborative partnerships that accelerate sustainable businesses, Eva brings a wealth of experience from roles at Oikocredit International, the Common Fund for Commodities, and the Rabobank Foundation.","link":"https://www.linkedin.com/in/evateekens/","role":"Chief Commercial Officer and Investor Relations","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/66c/f26/5f4/66cf265f40b4d771845647.jpeg","avatar_id":152677},{"id":157,"promoter_id":310,"name":"Stefan Jönsson","description":"With a professional tenure spanning two decades in engineering and technical development, Stefan serves as the Technical Director at Jord, where he effectively applies his extensive experience. Having previously held managerial roles in production line establishments, Stefan brings a wealth of expertise to his current position. At Jord, Stefan's primary responsibility is the sourcing and assembly of the pellet production line and accompanying production, a task that encompasses the coordination of diverse components, ranging from hardware to software.","link":"https://www.linkedin.com/in/stefan-jonsson-8b705823/","role":"Technical Director","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/656/f3c/088/656f3c0887bb9137549457.jpg","avatar_id":122447},{"id":158,"promoter_id":310,"name":"Henrik Harryson","description":"Leading Jord’s business processes, Henrik designs and implements Jord's operational model, evaluates and optimizes business processes, researches sales leads, and formulates business strategies. Managing key partnerships, including collaborations with Removement, Puro.earth, and Patch, Henrik brings a wealth of experience from roles such as financial analyst at AiBetic, M&A at Carlsquare, and equity research analyst and wealth management at Erik Penser Bank.","link":"https://www.linkedin.com/in/henrikharryson/","role":"Business Development and Growth","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/656/f3b/b4a/656f3bb4a1800706221648.jpg","avatar_id":122446},{"id":159,"promoter_id":310,"name":"Rocío López","description":"With over 10 years of experience in branding and marketing, Rocío oversees marketing initiatives at Jord, specializing in brand development, marketing strategy, and content production. Her past roles include serving as an Art Director at Oriflame and working as a marketing and communication designer at the Ministry of Housing and Urban Planning in Chile.","link":"https://www.linkedin.com/in/rociolopezuribe/","role":"Marketing Coordinator","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/656/f3b/78c/656f3b78c5408056168770.jpg","avatar_id":122445},{"id":160,"promoter_id":310,"name":"Charles Hefner","description":"As the Managing Director at Jord in the Dominican Republic, Charles oversees and leads the company's operations in the region. He manages the Dominican Republic unit, handling tasks from establishing nurseries and land preparation for biomass and energy crops (C4 grasses) to overseeing factory operations, as well as personnel management and development. Charles' expertise in biomass and bioenergy crops is an asset to Jord's agronomic objectives, contributing to the establishment of a regenerative and well-functioning model.","link":"https://www.linkedin.com/in/charleshefner/","role":"Managing Director, Dominican Republic","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/656/f3e/630/656f3e6308602491689566.jpeg","avatar_id":122451}]

Modelo de negocio
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