“The land knows how to recover. What’s missing is the financial infrastructure to fund the first five years.”
Charles Curtin — Landscape Ecologist & Northern NM Operations Lead
Sovereign Land makes degraded land bankable — for any owner.
We build the financial, legal, and monitoring infrastructure that turns degraded and abandoned land into investable, productive systems — without buying a single hectare.
The world’s most expensive infrastructure gap.
Five billion hectares of land are degraded worldwide. That’s $44 trillion a year in lost ecosystem services. Governments own some of it. Ranchers, farmers, timber companies, and municipalities own the rest. The capital to restore it exists. It just can’t get there.
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$7B
Hermits PeakWildfire
The Hermits Peak fire cost $7 billion. Spain's 2025 season: €8 billion. These aren't projections — they're line items in state budgets today.
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3–10×
Treatment cost spikeWater
Municipal water treatment costs spike 3–10× after fire. Half of Spain's territory is under severe water stress. The Ogallala Aquifer's 50-year viability is in question.
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5,000+
Emptying municipalitiesRural Collapse
Degraded land means fewer jobs, a shrinking tax base, and less capacity to respond to the next crisis. In Spain, 5,000+ municipalities across 320,000 km² are emptying out. Abandoned land becomes fuel.
5B ha
of degraded land worldwide
$44T
in lost ecosystem services per year
3.3M ha
burned in Iberia since 2006
The technologies to fix this are proven. The buyers exist. The money is waiting. The bottleneck is structural: no one can finance the transition.
We build the infrastructure that makes the transition bankable.
Land doesn’t have a technology problem. It has a financial infrastructure problem. Three groups need each other — operators who know the land, investors with capital mandates, and buyers who want cleaner, cheaper inputs — but the system gives them no way to transact.
Sovereign Land is the connective tissue.
We don't buy land
We structure the financial, legal, and operational architecture around it
Land ownership stays with whoever holds title today — always
We don't speculate on land values
We design multi-output systems that self-hedge against volatility
Five revenue streams instead of one fragile bet
We don't rely on carbon credits
We connect field data to contract triggers through our platform, LandStack
Investors get the rigour their committees require
The qualifier is land condition — not title.
We serve any owner who can’t finance the transition alone.
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Sovereign & public land
State commissions, municipal governments, crown land agencies
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Private agricultural land
Ranches, farms, estates with degraded acreage
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Institutional land
Timber companies, REITs, investment managers
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Community & indigenous custodial land
Land that can't be sold but can be made productive
You can’t underwrite what you can’t measure. We solved that.
“Investors don’t need to become soil scientists. They need data in the language their committees already use — volatility scores, downside risk buffers, asset appreciation trajectories. That’s exactly what our MRV produces.”
Gon Zifroni — Founder & CEO
The reason degraded land stays unfunded isn’t a lack of intent. It’s that no one can prove — to the standard institutional capital requires — that the transition is working. We close that gap with finance-grade MRV built into every engagement from day one.
We measure what matters
Our MRV backbone — the BioRegen Index, developed and field-proven across 1,257 hectares and 8 farms in Argentina — captures 10 ecological indicators across 4 components. Satellite data, ground-truth field audits, and independent verification. Not academic research. Deployable, repeatable, scalable.
We translate ecology into finance
Raw biological data becomes underwriting intelligence. These aren't scientific curiosities. They're the signals a bond advisor, a sovereign wealth fund, or a project finance team needs to say yes.
Early signals make the transition bankable
This is the critical insight: you don't need to wait five years for stabilised performance to unlock capital. MRV data in the first 6–12 months produces trend lines, volatility narrowing, and measurable improvement signals that give investors confidence to commit. The Transition Facility absorbs the remaining uncertainty — and as data improves, buffers release.
Early MRV doesn't just verify progress. It is the bankability event.
01
Biological Asset Quality
Is the land's productive base intact?02
Resilience Score
Can it absorb shocks?03
Stability / Volatility Proxy
How predictable are the outputs?04
Downside Risk Buffer
What's the loss-mitigation capacity?05
Asset Appreciation Trajectory
Is value compounding over time?
Every project we touch generates a proprietary dataset that makes the next one easier to underwrite. This compounds.
No competitor will have this data — because no one else structures projects this way.
Two deployments. Two ownership types. One system.
New Mexico proves the model on public land. Iberia proves it on abandoned private land. Together, they validate across the two most common patterns of degraded-land ownership worldwide.

Turning wildfire liability into productive infrastructure.
35,000
across two operational nodes~€38M
Industrial Revenue Bond~€870/ha/yr
five stacked output streams$45B AUM
NM Sovereign Wealth FundThe Hermits Peak fire cost $7 billion. The probability of a comparable wildfire in New Mexico’s most threatened firesheds — including Santa Fe — is effectively 100% within the next decade. Post-fire, the land doesn’t recover. It re-burns.
Two operational nodes turn this liability into productive infrastructure. In the north, fire-damaged timber becomes biochar — a soil amendment that holds water, filters contaminants, and sequesters carbon. In the south, cattle manure becomes fertiliser, energy, and soil restoration through rapid anaerobic digestion and composting. Together, they create a self-hedging system: when one output faces volatility, the others compensate.
Municipal water utilities are already absorbing the cost of contaminated watersheds. Performance contracts — where the buyer pays a percentage of verified savings — align incentives without upfront cost to the municipality.
“I’ve spent 30 years working to develop New Mexico’s rural economy. The technologies are proven. The operators are ready. The buyers are real. What nobody built until now was the financial bridge to get from degraded to productive — that’s what Sovereign Land does.”
Terry Harris — NM Project Coordinator
Restoring Europe’s emptied heartland.
500 ha
phased expansion€800–1,100/ha/yr
Paulownia agroforestryMoeve
industrial biomass, biocharSantander + EU
project + public financeSpain and Portugal have burned over 3.3 million hectares since 2006 — more than any other region in Europe. The 2025 fire season alone cost over €8 billion. Across the Iberian interior, 320,000 km² of land — la España Vaciada, the emptied Spain — has been abandoned. 3,400 towns are at risk of disappearing. Unmanaged vegetation on depopulated land is the primary driver of catastrophic fire.
Sovereign Land’s Iberia pilot deploys the same core infrastructure — LandStack, Transition Facility, multi-output self-hedging — on a fundamentally different ownership pattern: fragmented private and municipal land where no one entity can finance the transition. Paulownia agroforestry restores the land, creates rural employment, and produces dedicated biomass for industrial offtake — while reducing fire risk from year one.
“Three hundred thousand square kilometres of land sit abandoned across the Iberian Peninsula — burning, eroding, producing nothing. The owners can’t finance the transition. The municipalities can’t either. The infrastructure Sovereign Land builds changes that equation entirely.”
Victor Garlington — Iberia SPV LeadFive conditions for bankable land. We deliver all five.
Most initiatives solve one. We solve all five — as one integrated system that adapts to the landowner.
01
Defined Performance
Physical, measurable outcomes over time: food, water, energy, risk reduction.
02
Contractualisation
Long-duration agreements that fit the legal structure — state trust, private title, custodial, lease.
03
Risk Allocation
Land ownership separated from delivery risk separated from capital risk.
04
Capital Stack Compatibility
Grants, concessional, and senior capital layer without breaking governance.
05
Operating Governance
One entity orchestrates delivery, compliance, and reporting for decades.
This is an operating system, not a product.
And it fits the landowner — not the other way around.
The platform that powers every engagement
LandStack — field data in. Underwriting signals out.
Small. Senior. Built for this problem.
Each person brings a specific capability the system requires. No generalists.

Founder & CEO
Technology, energy, construction. Ex-Autodesk/VMware. Building LandStack.

NM Project Coordinator
30+ years rural development, financial structuring, political pathway.

Iberia SPV Lead
Paulownia IP, industrial relationships, steel/energy buyer engagement.

MRV Methodology
BioRegen Index. Proven: 1,257 ha / 8 farms, Argentina. LandScope Terrain Analysis API + channel partnership. Active product, paying customers.

Soil Analytics
Scalable biological signal capture.
Three senior hires to execute the system.
Head of Structuring
Legal & financial architecture
CTO
LandStack platform development
Head of Origination
Sovereign + private landowner relationships
Invest in the infrastructure layer — not a land fund.
“The first platform to solve system-level bankability for degraded land — across ownership types, jurisdictions, and financing frameworks — defines the category.”
Sovereign Land SAS (France)
You invest at the platform and standard-setting layer — not in land assets. The infrastructure that makes every downstream deployment possible.
Nature’s productivity already generates enormous value — cleaner water, lower fire risk, stable energy, healthy soil. The only thing missing is the financial structure. That’s what we build.
Not conservation — We don't require ownership
Not carbon credits — Multi-output self-hedging is the opposite of single-output fragility
Not land private equity — We never buy land
Not farm software — We connect to capital markets, not just fields
Not a fund — Pure operating leverage, no balance-sheet risk
$44 trillion/year in degraded ecosystem services globally (UNCCD)
5 billion hectares of degraded land — most already owned by someone who can't finance the transition
No dominant operating standard exists for making degraded land bankable
10–20 year operating agreements with extreme switching costs = deep moat
Compounding data advantage — every quarter of deployment makes the next project easier to underwrite
Team — three senior hires (Structuring, CTO, Origination)
LandStack — development, deployment, first data flows
MRV & reporting systems — field-grade to finance-grade translation
Bankability frameworks & legal architecture
Origination — NM public land + Iberia private/municipal land
€2.1M
base fees over 3 years from the first pilot alone
Program design & structuring
Upfront fee
LandStack deployment
Upfront fee
Operations, MRV & reporting
Recurring (36+ months)
Per-hectare platform fees
Recurring (€4.15/ha/mo → ≤€2.10/ha/mo at maturity)
Performance milestone fees
Milestone-triggered
Module expansion
€250K per 10,000 ha added
LandStack MVP deployed (NM data flows)
Q2 2026
Head of Structuring hired
Q2 2026
First municipal LOI signed (NM)
Q3 2026
Bond submission to NMSIC
Q4 2026
First paid engagement
Q4 2026
IRB issued, capital deployed
H1 2027
First stabilised revenue data
H2 2027
If NM doesn’t reach bond submission within 12 months, we pivot to smaller paid engagements — bankability assessments for private landowners, MRV scoping for timber companies — while preserving methodology IP and platform.
Ready to learn more?
Sovereign Land SAS · Paris, France

