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Eco-Act: The latest Social(carbon)iteSAO PAULO - (Business Wire) The SOCIALCARBON Company today announced that 102,621 Tons of SOCIALCARBON Credits have been sold to the French Carbon Company Eco-Act. The Tons were generated from two Renewable Biomass Projects managed by the SOCIALCARBON Company, based in São Paulo, Brazil. The credits have been brokered by international carbon broker CantorCO2e. A total of 102,621 tons of Verified Emission Reductions have been successfully verified, coming from fuel switching projects located in Central and Northeast of Brazil. Both projects reduce greenhouse gas (GHG) emissions by substituting native wood for a mix of renewable biomasses, such as sugar cane sawdust or coconut husk in order to generate thermal energy. The projects have been developed with VCS 2007.1 standard (Voluntary Carbon Standard www.v-c-s.org ) associated with the SOCIALCARBON Standard (www.socialcarbon.org ). This is one of the largest transactions of SOCIALCARBON tons to date and registered on the newly formed registry. The projects have been successfully validated and verified by independent third party, the D.O.E. TUV NORD from Germany. Monitoring is carried out by the developer with specialized. Currently The SOCIALCARBON Company is managing more than 60 projects in Brazil and is expanding carbon development across Latin America and Europe with the help of brokers from CantorCO2e. Stefano Merlin, CEO of The SOCIALCARBON Company said, “The methodology utilized in these projects AMS I.E is extremely innovative and it was recently approved by the Executive Board of the UNFCCC. This is a very important achievement and is a fundamental innovation in the carbon market,” continued Mr. Merlin. “We are very excited with the possibility of replicating projects that deliver emission reductions and important socio-environmental benefits to the marketplace,” concluded Mr. Merlin. “This transaction reinforces CantorCO2e’s dedication to innovation in the global carbon markets, said Laurence Rose, Chairman of CantorCO2e. “We are committed to the SOCIALCARBON platform and we are enthusiastically working with companies that are combating climate change on a world wide scale,” concluded Mr. Rose Thierry Fornas, president of EcoAct, said “the transactions in this market are supported by a true commitment to solidarity. We work in synergy with local communities and stakeholders to allow for the development of solutions for low income communities, at the same time as protecting ecosystems and fighting climate change”. According to Eduardo Freitas, Managing Director of the company’s Brazilian office, “SOCIALCARBON’s approach to monitoring project results are in line with our organization’s goals and concerns - that not only will climate change be battled, but that communities and all stakeholders concerned by projects will benefit from their implementation. We are pleased to see the first results of such projects being delivered to us and our partners in France. We work in synergy with local communities and stakeholders on the development of solutions to assist low income areas and this project moves us closer to our goal.” "To list credits on the TZ1 Registry the project, its processes and verification must adhere to our rigid and robust Rules of Registry. The TZ1 Registry is delighted to list these SOCIALCARBON credits which meet the highest carbon markets standards," says Helen Robinson, CEO TZ1 Registry. The TZ1 SOCIALCARBON Registry is designed to manage the complete lifecycle of credits, providing a unique identifier to ensure their integrity and authenticity. About SOCIALCARBON The SOCIALCARBON Company provides advice and carbon management services to project developers in the Verified Emission Reduction (VER) market. It has exclusive rights to apply the SOCIALCARBONTM methodology, and uses this to implement carbon emission reduction projects in partnership with project developers. This unique approach to project development and sustainability has attracted a lot of attention. The up-take of SOCIALCARBONTM as an ethical basis for project development has rapidly grown across Latin America the USA and Europe. The current list of projects includes the transition from non-renewable biomass as a fuel source to renewable biomass sources, reforestation, energy efficiency, landfill and small-scale hydro-electricity. For more information please visit www.socialcarbon.com About TZ1 TZ1 Limited is a pre-eminent environmental commodities markets infrastructure provider. As the global trend in managing environmental assets moves towards price-based mechanisms, a robust registry is an essential tool to provide transparency and credibility. Only credible and robust financial infrastructure (with inherent flexibility) will best serve this new marketplace. A core part of the TZ1 business is its Registry service, providing critical market capability and giving the necessary comfort to project developers, buyers and the increasingly important investors in these emerging markets. For more information: http://tz1market.com About VCS Founded by the International Emissions Trading Association (IETA), The Climate Group, and the World Business Council for Sustainable Development (WBCSD), the VCS provides quality assurance for the world’s carbon markets through a robust global program for approval of credible voluntary carbon offsets, or Voluntary Carbon Units (VCUs). In 2007, VCUs represented approximately one third of the voluntary carbon market, making it the most widely used carbon offset standard. About EcoAct ( www.eco-act.com ): Paris and São Paulo-based EcoAct specialize in developing and locally accompanying sustainable development programs on behalf of customers. The company develops in several countries regional scope programs, and also projects targeted at the carbon market. All company programs present solid social and participative components required for the establishment of sustainable development policies. Media:
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