The Monaco Streaming Film Festival, taking place from May 31 to June 3 in Monaco, has announced Net0 as its sustainability partner. The collaboration between the Festival and the AI-powered carbon emissions management platform will enable the first-ever carbon neutral event of its kind in Monaco’s history.

Following the success of the first edition of the Monaco Streaming Film Festival, which attracted a large audience during a restrictive COVID period in Monaco, it became of great importance for the Streaming Film Festival organisers to account for the event’s environmental impact.

This partnership will allow the Monaco Streaming Film Festival to become carbon neutral for the first time, by providing a detailed calculation of the event’s carbon emissions through an intelligent AI powered software developed by Net0.

By engaging with Net0 the Festival enabled the establishment of an emissions reduction plan for future editions, while this year’s unavoidable emissions will be offset through environmental ocean projects in support of the Principality’s long history of ocean
research and conservation dating back to over 130 years ago.

Net0 has a comprehensive AI-powered carbon emissions management software, which performs carbon accounting, emissions reduction planning, verified offset solutions, and stakeholder reporting across all emission scopes, the company says.

Tony Davis, Director of the Streaming Festival said, “While we celebrate an incredible change in video content consumption, especially during the COVID period when people became accustomed to streaming platforms such as Netflix, we also noticed a much
cleaner environment around us and thought about making a positive impact ourselves.”

Sofia Fominova, co-founder of Net0 commented saying, “As a Monaco-based tech company, we are excited to support the local ecosystem by supporting the Monaco Streaming Film Festival in their journey towards Net Zero. We look forward to
supporting them throughout the event to create the first ever carbon neutral streaming festival.”

PHOTO: Unsplash