Globally, each year our industry emits hundreds of thousand tons of carbon dioxide, causing negative effects over global warming.
The BioBanknote model, succesfully developed in Colombia, has allowed a significant reduction of those effects through carbon foot-print reduction by planting new trees.
Colombian Central Bank, working through their best practices model for retired banknote waste management, has become an example of what a closed cycle can do for our environment.
We are the union between two Colombian companies: ConTREEbute and Cruz Díaz e Hijos; with Control Ambiental as an strategic ally, looking forward to helping out Central Banks and providers to find a closed cycle in the banknote production and disposal worlwide.
We are searching for the compensation of the carbon foot-print caused by banknote production, management and disposal; as well as finding environmental values in this industry. All of this based on real information coming from the production cycle.
Through the best practices model from the Colombian Central Bank, BioBanknote has planted several trees in areas defined as forest reserve. We used “BIOFORT” as fertilizer, which comes from retired banknotes waste, adding organic waste as well, through a micriobiological process.
We have checked the efficiency of said method, in the fertilizer procurement, as well as in the carbon foot-print compensation. This process has been going on non-stop for 6 years.
We trust in the model we have developed, and especially, in its efficiency to improve impact within the industry. We believe in the possibility to implement this model in our region, adjusting it to local conditions, working together with Central Banks and providers.
Who are we?
What do we do?
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Why we do it?