A view of the company that is promoting the acquisition of land in Chilean Patagonia
The Real Eco State sold US$25 million between 2017 and 2022, a project that combines profitability and the protection of natural reserve zones.
Where is Patagonia? This zone, which is not merely Gaucha, is located just between the borders of Chile and Argentina. The Chilean area where the glaciers merge with unspoiled forests has been chosen to develop a project that intertwines two brilliant initiatives; a new long-lasting profitable business model and the concern for the conservation of flora and fauna through selling protected land.
Although it might seem inconsistent, the Chilean company The Real Eco State, whose owner is Felipe Escalona, markets from 5 to 20 hectares of land in Chilean Patagonia, which are protected by the Conservation Easement (DRC) which establishes that the owners are just allowed to build between 2% and 5% of the acquired land.
From the universe of marketed land, no land has been intervened by humans yet. Escalona said, “People don’t intend to build in these plots of land due to the speculative value of land for conservation purposes and the possibility of trading ecological assets as carbon credits.
Therefore, when investors acquire land through The Real Eco State, they protect between 95% and 100% of the corresponding area. However, investing goes beyond altruism; investors obtain an annual average profitability of 20% for these plots of land. The company sold US$ 25 million between 2017 and 2022 and aims at a new ecological market with assets on the planet from carbon credits.
It is expected to be carbon neutral by 2050; to reach that goal, large companies offset their carbon emissions on the planet through the acquisition of carbon credits. According to Francisco Ocampo, Executive Director of Asocarbono, “The carbon credits are bought to offset carbon emissions. If I have a company with carbon emissions, I reduce them with new technologies and offset them with carbon credits to be carbon neutral”.
The Real Eco State supported with more than US$ 100.000, along with Nasa, Gedi; a project that measures the carbon sequestration of land, and its operations generated the sequestration of 59,5 tons of CO2 in 2021. With this initiative, the company was certified as Carbon Neutral by the international firm Climate Impact Partners.
To do so, they calculated their greenhouse gas emissions (GGE) to neutralize them through the acquisition of carbon credits for the protection of the coastal reserve in Valdivia. As North Americans and Europeans have shown high interest in this project, The Real Eco State started an office in New York in 2022 to cater to their needs; now, the company intends to reach the Peruvian and Brazilian Amazon Forest, La Sierra Nevada de Colombia, and the African territory.
People don’t intend to build in these plots of land due to the value of land for conservation purposes and the possibility of trading ecological assets as carbon credits,” said Felipe Escalona, founder of The Real Eco State.