Biodiversity Loss and Climate Change are the TWO biggest challenges of our time
They threaten the very survival of our planet and all the
beauty that exists on it.
We need to do something about this.
Now. Together.
That is why we built bench - to empower every one of us to
take immediate, meaningful, collective action.
Empowering and trusting millions of people to take simple but effective action.
bench is a perfect solution that effectively empowers everyone on the planet to work together and
make a personal and meaningful contribution towards stopping
deforestation and preserving biodiversity.
bench is not just a product or service; it's a movement!
Our goal is to create the easiest, most convenient and impactful
tool for everyone to use to help save us all. And it is as simple as using bench for your day-to-day banking and spending!



Every powerful movement starts with a story ...
This is ours.
It all began in 2014 in a forest in the Philippines with the three special animals you see above. They are critically endangered and at serious risk of extinction because their forest has been reduced to 4% of its original size.
Their home is almost gone!
Michael, our founder, discovered their desperate situation during a visit to their forest.
It sparked an obsession with saving them, but it became much more than just about these three critically endangered animals and their disappearing forest in the Philippines.
The rampant destruction of the world’s forests is destroying the homes of countless forest species and custodians, while removing the most effective weapon in our fight against climate change.
So, protecting them is about the very survival of our planet and all the living things that call it home, our biodiversity.
Because of that, forest preservation is critical to our existence.
Michael had to find a way to direct enormous funding to forest preservation projects because that’s the key to saving our biodiversity at the scale needed to protect humanity and our fellow inhabitants from extinction.
Solving this problem required some of the world’s brightest minds, so he assembled a world-class team capable of achieving it.
It turns out that to generate such a massive flow of funds, we needed to create an all-of-society solution that empowers everyone to take direct action every day. And because we all live busy, stressed lives, it has to be simple, affordable, and trusted; measurable and transparent.
We had to join dots that had not been joined before.
It took us 10 years to get here because we had to overcome extraordinary challenges to make this seemingly impossible task possible. To make saving our planet simple.
But we did it! We made it Simple to Start, Simple to Trust, and Simple to Act.
And in the process, we created a new approach to banking. Banking with a Soul.
Bringing Bench to life has been exceptionally fulfilling for our team.
We hope being a Bench member will be as rewarding and uplifting for you as it is for us, because making a meaningful difference every day is deeply nourishing.
Now, to help save our planet, just TAP, SAVE, and SMILE.
What is Biodiversity
Biodiversity encompasses an ecosystem’s incredible variety of organisms, from the smallest microorganisms to the largest animals and plants.
This diversity plays a crucial role in maintaining the balance and resilience of ecosystems, supporting essential processes like pollination, nutrient cycling, and climate regulation.
Ultimately, biodiversity is the foundation for the health and sustainability of all life on Earth, including human societies, as it underpins food security, clean water, and stable environments.
The Custodians
470 million Indigenous people
care for and manage 80 percent
of the world’s biodiversity
- Store approximately 83% more carbon than managed forests
- Hold around 363 additional tonnes of CO₂ per hectare compared to the forests that often replace them
- Support vast, interconnected biodiversity networks built over centuries
- Old-growth forest soils alone can store as much carbon as an entire managed forest ecosystem
TAP
SAVE
SMILE
Nature-based and REDD+ carbon credit projects provide an extremely effective solution to harness the power of natural ecosystems in the fight against climate change and catastrophic biodiversity loss. They offer the double benefit of carbon sequestration and biodiversity conservation but require rigorous implementation and monitoring to ensure their effectiveness. This is why bench demands the highest standards when selecting the best projects to maximize your impact, and complete transparency to show you how.
Photosynthesis is the most effective way to sequester CO; nothing is remotely close to nature at accomplishing this. It has evolved over 3.4 to 3.5 billion years. The terrestrial sink (mostly forests) has been sequestering 11.4 GtCO2 per year, as much as 29 percent of annual anthropogenic CO2 emissions in 2011–2020.
Changes in forest cover and characteristics also influence climate in other ways. For example, they affect albedo (the extent to which solar radiation and, therefore, heat is reflected back to the atmosphere), the emission of water vapor into the atmosphere (through evapotranspiration), the height above the Earth’s surface to which heat and water vapor are forced upward (by the “roughness” of tree canopies), and the extent to which dust and smoke particles, pollen and microbes enter the atmosphere as aerosols (with their effects on temperature). Trees also emit other chemicals that affect climate, such as biogenic volatile organic compounds.
The adverse local and regional effects of forest and tree loss on temperature and rainfall can be substantial, especially in the tropics. Recent modeling also indicates that deforestation of remaining humid rainforests in Africa would likely dramatically affect rainfed agriculture across the continent, particularly maize-based cropping systems north of the equator. The local to regional impacts of forests on climate can be important for reducing urban heat (primarily through transpiration, shading, and albedo); for example, trees in urban settings have been shown to reduce land surface temperatures in Central Europe in summer and during heat extremes by as much as 12 °C.
Nature vs. tree planting
Tree planting can have unintended negative consequences, particularly when compared to the preservation of existing forests or careful reforestation efforts. Here are some of the reasons why:
Biodiversity Loss:
- Planting a single tree species in monoculture plantations can reduce biodiversity, as these plantations do not provide the same habitat complexity as natural forests.
- Monocultures are more susceptible to diseases and pests, leading to significant losses and impacting surrounding ecosystems.
Disruption of Local Ecosystems:
- Introducing non-native tree species can disrupt local ecosystems, outcompete native species, and reduce local biodiversity.
- Planting trees in ecosystems that naturally have few trees, such as grasslands or peatlands, can alter the habitat and negatively affect the species adapted to those environments.
Carbon Sequestration:
- Young plantations sequester less carbon than mature forests. Planted forests take decades or even centuries to store the amount of carbon that old-growth forests can.
- Planting trees in some regions, particularly in high-latitude ecosystems, can result in a net warming effect due to changes in albedo (the reflectivity of the Earth’s surface).
Water Use and Availability:
- Trees require significant amounts of water, which can lead to decreased water availability for other ecosystems, agriculture, and human needs.
- In dry regions, large-scale tree planting can exacerbate water scarcity.
Cultural and Social Impact:
- Tree planting initiatives can sometimes ignore the rights and needs of local and indigenous communities, leading to social conflict and even displacement.
- The focus on tree planting can sometimes divert attention and resources away from more effective conservation actions, such as protecting existing forests, which are often more rich in biodiversity and carbon.
Effective Reforestation:
- Effective reforestation involves restoring native forests with diverse species and is usually more beneficial than simple tree planting. It aims to replicate the structure and diversity of natural forests, which supports resilience and ecosystem services.
Preservation:
- Preserving existing forests, especially old-growth forests, is crucial because they are already stable ecosystems that support complex networks of life, store large amounts of carbon, and have adapted to their local environments over centuries or millennia.
In summary, while planting trees has its place in global efforts to combat climate change and environmental degradation, it must be done thoughtfully and strategically. Preserving existing forests and careful, ecologically sound reforestation are generally more effective for maintaining biodiversity, supporting ecosystems, and storing carbon.
Here are a few potential impacts of South American deforestation on North American weather:
Disruption of the Rainfall Patterns:
- The Amazon rainforest contributes to the formation of rain clouds that can affect precipitation patterns far beyond the region. Deforestation reduces evapotranspiration—the process by which water is transferred from the land to the atmosphere by evaporation from the soil and other surfaces and by transpiration from plants. This can lead to changes in rainfall patterns, potentially decreasing precipitation in areas downwind, including parts of North America.
Altered Atmospheric Circulation:
- Large-scale deforestation can lead to changes in atmospheric circulation patterns. The Amazon, through its vast forest cover, helps drive the Hadley cell, a pattern of atmospheric circulation that influences weather in the tropics and subtropics. Disruption of these patterns can modify the jet stream and may lead to changes in weather patterns in North America, such as alterations in the frequency and intensity of storms or droughts.
Impact on Temperature:
- Deforestation can lead to higher temperatures in the Amazon region due to the loss of forest cover and its cooling effect. These temperature changes can influence atmospheric circulation patterns, potentially leading to shifts in the weather of far-off places, including North America, and the intensity and frequency of heatwaves, storms, and cold snaps in North America.
Ocean Currents and Sea Surface Temperatures:
- Changes in the climate due to deforestation can influence ocean currents and sea surface temperatures. Since these are critical drivers of weather systems, any changes can have cascading effects on weather patterns, potentially affecting phenomena like the El Niño-Southern Oscillation, which strongly influences the climate in various parts of North America.
It’s important to note that these impacts are complex and interrelated and can vary significantly. However, climate models and observational studies consistently show that deforestation has the potential to cause significant alterations in global weather patterns.
So, by embracing the immense power of nature, we can help mitigate climate change while preserving our biodiversity.
Meet Some of our world class team
We have some of the world’s foremost technology, banking, finance, customer experience and forest preservation experts on our formidable team. Combining their extraordinary talents and passion to make bench the most powerful tool ever devised to save our planet.
Michael McCabe
Dr Marigo Raftopolous
Garreth Beachy-Head
Miles Daniel
Jacqui Bijoux
Dr. Thomas Leupold
Chief Executive Officer
Michael McCabe
Michael McCabe is an experienced founder and CEO, having launched several successful companies in Australia, China, South Africa, Philippines and the USA. Michael conceived of bench and has assembled the team, partnerships, Carbon Standard Derivative and business model over the past 3 years. He has also designed a crypto currency to mimic the utility of fiat currencies that solves the volatility and energy consumption problems faced by Bitcoin. The financial instrument he developed to support the currency has been incorporated into the bench financial model.
Chief Experience Officer
Dr Marigo Raftopolous
Marigo is doctoral researcher and designer in human/computer interaction and gamification for developing customer experiences for online marketing, communication, learning and knowledge sharing.
She is the founder and CEO of Strategic Innovation Lab, and is also an advisor on the European Commission’s Advanced Digital Gaming and Gamification Program.
Chief Technical Officer
Garreth Beachy-Head
Garreth has over 20+ years’ experience in software engineering. Garreth has successfully co-founded a number of tech start-ups as well as the co-founder and CEO of DevStack – a specialist software development company that provides solutions and high-end tech resources to technology companies around the globe. Having worked with international companies such as Bechtel and Alcatel-Lucent Enterprise, Garreth brings a wealth of experience in software development – managing high performing remote and agile development teams as well as solution architecture.
CCO (Chief Compliance & Risk Officer)
Miles Daniel
Miles brings 20 years of compliance experience to bench. Nine years delivering compliance solutions to community banks and credit unions across the southeast United States. Before that, he spent six years at KPMG’s Risk Advisory Services as a Senior Analyst.
Head Of Implementation
Jacqui Bijoux
Jacqui has championed excellence in numerous global fintech & edtech start-ups and scale-ups, with work and life experience on four continents. She has a multi-disciplinary background, harnessing the energy and expertise of specialists to enable the delivery of great market solutions.
Banking and Financial Services
Dr. Thomas Leupold
Thomas has more than 30 years experience in the banking and financial services industry. He is a financial engineer skilled in the design of financial instruments for the industry.

Michael Mccabe
Chief Executive Officer
Michael McCabe is an experienced founder and CEO, having launched several successful companies in Australia, China, South Africa, Philippines and the USA. Michael conceived of bench and has assembled the team, partnerships, Carbon Standard Derivative and business model over the past 3 years.
He has also designed a crypto currency to mimic the utility of fiat currencies that solves the volatility and energy consumption problems faced by Bitcoin. The financial instrument he developed to support the currency has been incorporated into the bench financial model.

Marigo Raftpopulous
Chief Experience Officer
Marigo is doctoral researcher and designer in human/computer interaction and gamification for developing customer experiences for online marketing, communication, learning and knowledge sharing.
She is the founder and CEO of Strategic Innovation Lab, and is also an advisor on the European Commission’s Advanced Digital Gaming and Gamification Program.

Garreth Beachy-Head
Chief Technical Officer
Garreth has over 20+ years’ experience in software engineering. Garreth has successfully co-founded a number of tech start-ups as well as the co-founder and CEO of DevStack – a specialist software development company that provides solutions and high-end tech resources to technology companies around the globe. Having worked with international companies such as Bechtel and Alcatel-Lucent Enterprise, Garreth brings a wealth of experience in software development – managing high performing remote and agile development teams as well as solution architecture.

Miles Daniel
Chief Compliance & Risk Officer
Miles brings 20 years of compliance experience to bench. Nine years delivering compliance solutions to community banks and credit unions across the southeast United States. Before that, he spent six years at KPMG’s Risk Advisory Services as a Senior Analyst.

Jacqui Bijoux
Head Of Implementation
Jacqui has championed excellence in numerous global fintech & edtech start-ups and scale-ups, with work and life experience on four continents. She has a multi-disciplinary background, harnessing the energy and expertise of specialists to enable the delivery of great market solutions.

Dr. Thomas Leupold
Banking and Financial Services
Thomas has more than 30 years experience in the banking and financial services industry. He is a financial engineer skilled in the design of financial instruments for the industry.
Our partners
We are in a race against time. Our cause is urgent. We need to move with great speed and agility.
We have partnered with service providers with the capabilities and commitment to help us carry out our mission in the shortest time possible.
GLOBAL REACH
Visa is the World’s Second largest card payment organization.
VISA is accepted in 44 million merchant locations in more than 200 countries and territories
HIGH-IMPACT CONSERVATION PROJECTS
Everland represents the world’s most extensive portfolio of high-impact forest conservation projects. Their projects conform not only to the most robust third-party standards but also to their own rigorous due diligence standards.
Our own bench projects will conform to the same standards to ensure they are of the highest quality.
Partnering with Everland helps our bench community take direct, meaningful action to halt biodiversity loss, help mitigate climate change, and protect indigenous communities.
Join now & start savingour planet immediately
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