Carbon Streaming Provides Update on Rimba Raya Project
Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to provide an update on the Rimba Raya project (“Rimba Raya” or the “Project”) in Indonesia.
- Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to provide an update on the Rimba Raya project (“Rimba Raya” or the “Project”) in Indonesia.
- On December 28, 2022, Carbon Streaming’s partner and Rimba Raya project operator InfiniteEARTH Ltd. (“InfiniteEARTH”) issued a press release announcing the validation of Rimba Raya under the new Indonesian carbon regulation, Regulation No.
- Rimba Raya is the first REDD+ carbon project validated under Reg 21, which establishes a framework for domestic and international carbon trading in Indonesia.
- Once the Project is verified, Rimba Raya carbon credits are expected to be issued and tracked by the SRN.