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LAS VEGAS, NEVADA – TheNewswire – March 18th, 2024 – BluEarth Carbon Development Inc. (“BluEarth”), a leading developer of carbon offsets and nature-based climate solutions, is proud to announce a strategic partnership with Ecological Carbon Offset Partners LLC (“EP Carbon”), a renowned technical expert in carbon project development. This partnership marks a significant milestone in BluEarth's efforts to advance its Reducing Emissions from Deforestation & Forest Degradation (“REDD+”) projects located in the Republic of Liberia and underscores its commitment to deploying market-based solutions to mitigate climate change.
The collaboration between BluEarth and EP Carbon aims to accelerate the development of BluEarth’s REDD+ projects across three key project areas. These areas, characterized by diverse ecosystems and rich biodiversity, face threats from activities such as timber extraction, agriculture, mining, and charcoal production. By joining forces with EP Carbon, BluEarth seeks to leverage their technical expertise in REDD+ to address these challenges and drive sustainable development within the region.
EP Carbon boasts an impressive track record in REDD+, with over 40 projects completed across multiple continents, including Africa, Asia, South America, and North America. Their projects account for over 90 million tons of verified emissions reductions and span more than 3.6 million hectares of land. EP Carbon’s track record includes pioneering efforts, such as serving as the technical consultant for the first-ever REDD+ project to generate Verified Emissions Reductions (“VERs”) under the Verified Carbon Standard (“VCS”) and authoring the VM0009 methodology, making it easier for project proponents and developers to validate and verify their projects in a timely and cost-effective manner.
The partnership will kick off with a Co-operative Analysis and Fundraising initiative led by EP Carbon, which will involve a comprehensive Technical Assessment of BluEarth’s project areas. This assessment will evaluate various aspects of project design and development, including baseline analysis, stakeholder engagement, policy review, and financial readiness analysis. By conducting a thorough assessment, BluEarth and EP Carbon aim to identify viable project opportunities and attract investment to support project implementation. The completion of the Technical Assessment will pave the way for further analyses, subsequent fundraising efforts, and formal project development.
“This collaboration marks a significant turning point for our organization and we are thrilled to embark on this groundbreaking partnership with EP Carbon, a true leader in the field of REDD+ project development,” said BluEarth CEO Augustine Jarrett. “EP Carbon’s remarkable track record and unparalleled expertise make them the ideal ally as we strive to protect our planet’s precious ecosystems and combat climate change.”
"EP Carbon is pleased to support BluEarth in the development of REDD+ projects in Liberia,” said Matt Kuniholm, Director of Origination at EP Carbon. “We’re grateful for the opportunity to collaborate with partners that are closely aligned on the principles of integrity and quality we strive to foster in all our technical services. We believe that a strong technical assessment will inform a robust stakeholder engagement process and clarify the investment opportunity in BluEarth’s carbon solutions in Liberia, that include both emissions reductions and emissions removals.”
For media inquiries, please contact: robin@bluearthcarbon.com
To learn more about BluEarth Carbon Development and its groundbreaking initiatives, visit www.bluearthcarbon.com.
About BluEarth Carbon Development
BluEarth Carbon Development Inc. is an innovative environmental organization dedicated to tackling climate change, conserving biodiversity, and promoting sustainable livelihoods through nature-based solutions. Through collaborative partnerships and ethical practices, BluEarth's projects transcend borders, striving to create a world where environmental and economic interests align for a thriving future.
About EP Carbon
Founded in 2010, EP Carbon works with clients across the globe to develop successful nature-based carbon offset projects. EP Carbon specializes in the technical aspects of geospatial analysis, complex carbon accounting, and capacity-building for project implementation. With more than 40 completed projects over nearly 15 years, EP Carbon is proud to have contributed to more than 300 MMT C02e emissions sequestered or avoided, and significant social and environmental benefits delivered to vulnerable people and ecosystems. For further information, visit www.epcarbon.com.
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