“Tamkeen” supports “Trillion Tree Fund” through the innovation program

  • Date: 07-Sep-2022
  • Source: Zawya
  • Sector:Technology
  • Country:Bahrain
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“Tamkeen” supports “Trillion Tree Fund” through the innovation program

The Labour Fund “Tamkeen” announced its support for the innovative and first of its kind concept in the region known as “Trillion Tree Fund”, founded by Bahraini social entrepreneur Leena Al Olaimy. This support comes as part of the Innovation Program which empowers Bahraini individuals and enterprises to conduct research and development in order to innovate and come up with solutions to real life problems. Furthermore, the program aims to stimulate the growth of startups in the field of technology and innovation through supporting research, prototype development, testing and launching new products. Trillion Tree Fund will also benefit from the National Employment Program to employ qualified Bahraini individuals and provide them with specialized expertise and knowledge in the environmental field.

Trillion Tree Fund presents an innovative and creative business model, which aims to match investors with profitable land and forest restoration projects. Their specialized platform “Symbaiosys” will use Artificial Intelligence, scientific research and market data to provide insights on how restoration projects can protect investor assets from climate-related losses such as hurricanes, floods, rising sea levels and others.

The platform can also be utilized to invest in projects related to environmental and social governance (ESG). While the platform is global, it will