InfiniteEARTH

Carbon Streaming Provides Update on Rimba Raya Project

Retrieved on: 
Wednesday, December 28, 2022

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.

Key Points: 
  • 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.

Carbon Streaming Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 10, 2022

Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) today reported its financial results for the three months ended September 30, 2022.

Key Points: 
  • Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) today reported its financial results for the three months ended September 30, 2022.
  • Carbon Streaming plans to partner and support new and existing carbon projects as the Company continues to build its high-integrity portfolio of carbon credit streams and royalties.
  • To align the Companys financial reporting period with traditional financial, operational, and taxation cycles, Carbon Streaming will change its year end to December 31, beginning December 31, 2022.
  • This news release contains the financial term adjusted net loss, which is not considered in the International Financial Reporting Standards (IFRS).

Carbon Streaming Announces Year-End Financial Results

Retrieved on: 
Monday, September 26, 2022

During the due diligence process, Carbon Streaming will assess the risks of the project in context of its status.

Key Points: 
  • During the due diligence process, Carbon Streaming will assess the risks of the project in context of its status.
  • The Company has entered into a royaltyagreement and an exclusive term sheet with Future Carbon to contribute to the development and maintenance of these projects and grow Future Carbon in the global carbon markets.
  • Carbon Streaming plans to partner and support new and existing carbon projects as the Company continues to build its high-integrity portfolio of carbon credit streams and projects.
  • This news release contains the financial term adjusted net loss, which is not considered in the International Financial Reporting Standards (IFRS).

Carbon Streaming Provides Investment Pipeline and Corporate Update

Retrieved on: 
Monday, April 25, 2022

Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) is pleased to provide an update on its investment pipeline as the Company continues to build a diversified portfolio of high-quality carbon streaming investments around the globe.

Key Points: 
  • Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) is pleased to provide an update on its investment pipeline as the Company continues to build a diversified portfolio of high-quality carbon streaming investments around the globe.
  • The Company maintains a carbon stream investment in the Rimba Raya Biodiversity Reserve Project (Rimba Raya) which may be impacted by this temporary pause.
  • Carbon Streaming continues to expect delivery of Rimba Raya carbon credits in calendar year 2022.
  • Carbon Streaming is a unique ESG principled company offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals.

InfiniteEARTH Limited announces a Five-Year Plan to further advance Indonesia's Climate Change and Sustainable Development Goals

Retrieved on: 
Monday, August 16, 2021

The innovative agroforestry plan calls for the development of community farms using the "Jungle Crop" model - 50% density of mixed, native cash crops with inter-dispersed, natural regrowth.

Key Points: 
  • The innovative agroforestry plan calls for the development of community farms using the "Jungle Crop" model - 50% density of mixed, native cash crops with inter-dispersed, natural regrowth.
  • Our new Five-Year plan ensures the fulfillment of our obligations under the conservation and restoration concession license and in addition meets all 17 UN SDGs," said Todd Lemons Founder of InfiniteEARTH.
  • Under the plan, the agroforestry initiative provides for $10 million USD in funding over the next five years, with $2 million USD being released to start development immediately.
  • According to project management, "InfiniteEARTH is firmly committed to our new 5-year plan but will, of course, remain flexible and receptive to changes in governmental policies and goals regarding climate change and sustainable development - and adapt that plan accordingly."

Carbon Streaming Closes Rimba Raya Stream Agreement & Strategic Alliance Agreement

Retrieved on: 
Thursday, August 5, 2021

Carbon Streaming Corporation (NEO: NETZ) (FSE: M2QA) (Carbon Streaming or the Company) is pleased to confirm that it has closed the previously announced carbon credit streaming agreement with Infinite-EARTH Limited (InfiniteEARTH) and strategic alliance agreement with the InfiniteEARTH founders.

Key Points: 
  • Carbon Streaming Corporation (NEO: NETZ) (FSE: M2QA) (Carbon Streaming or the Company) is pleased to confirm that it has closed the previously announced carbon credit streaming agreement with Infinite-EARTH Limited (InfiniteEARTH) and strategic alliance agreement with the InfiniteEARTH founders.
  • As detailed in the August 3, 2021 news release which can be found here: Carbon Streaming Corporation - News & Media , InfiniteEARTH is the developer of the Rimba Raya Biodiversity Reserve Project (the Rimba Raya Project), the industrys flagship REDD+ (Reducing Emissions from Deforestation and forest Degradation) project.
  • Carbon Streamings President and CEO Justin Cochrane affirmed, We are delighted to have closed this transformational investment in the Rimba Raya Project with our strategic partners at InfiniteEARTH.
  • Mr. Cochrane continued, We intend to act swiftly and at scale to bring exceptional carbon projects like Rimba Raya into the Company portfolio.

Carbon Streaming Announces Carbon Credit Stream Agreement on the Rimba Raya Biodiversity Reserve and Strategic Partnership With Infinite-EARTH Founders

Retrieved on: 
Tuesday, August 3, 2021

Carbon Streaming Corporation (Carbon Streaming or the Company) (NEO: NETZ) (FSE: M2QA) is pleased to announce that it has entered into a carbon credit streaming agreement (Carbon Stream) with Infinite-EARTH Limited (InfiniteEARTH).

Key Points: 
  • Carbon Streaming Corporation (Carbon Streaming or the Company) (NEO: NETZ) (FSE: M2QA) is pleased to announce that it has entered into a carbon credit streaming agreement (Carbon Stream) with Infinite-EARTH Limited (InfiniteEARTH).
  • InfiniteEARTH is the developer of the industrys flagship REDD+ (Reducing Emissions from Deforestation and forest Degradation) project, the Rimba Raya Biodiversity Reserve Project (the Rimba Raya Project).
  • In addition to the Cash Consideration, the Company will make ongoing payments to InfiniteEARTH for each carbon credit that is sold under the Carbon Stream.
  • It is with great excitement that we announce the Rimba Raya project to Carbon Streamings shareholders.

Rimba Raya Floating Clinic Supplying Health Care to the Community along the Seruyan River

Retrieved on: 
Monday, May 3, 2021

b'JAKARTA, May 3, 2021 - (ACN Newswire) - The Rimba Raya Floating Clinic was introduced into the project area as a means to improve community access to health services in and around the Rimba Raya working area which is located along the Seruyan River.

Key Points: 
  • b'JAKARTA, May 3, 2021 - (ACN Newswire) - The Rimba Raya Floating Clinic was introduced into the project area as a means to improve community access to health services in and around the Rimba Raya working area which is located along the Seruyan River.
  • Ristya Aulia, a member of the Floating Clinic medical team said; "Thank you Rimba Raya for introducing this initiative that provides much needed additional health services to the villages along the Seruyan river.
  • A total of 706 patients received health care where 60.91% (or 430 patients) were female.\nThe Rimba Raya Biodiversity Reserve Floating Clinic is equipped to supply 86 types of medicines.
  • Rimba Raya Conservation in providing free health services to 10 villages and hamlets in the Seruyan District.

Indonesia's Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs

Retrieved on: 
Monday, January 18, 2021

Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities.

Key Points: 
  • Rimba Raya is the first REDD+ project validated under the SD VISta Program for its impact on each of the 17 United Nations Sustainable Development Goals (SDGs), resulting from the project's various activities.
  • This makes the Rimba Raya project become even more determined as a verifiable REDD+ conservation project with additional benefits for the environment and society, supporting people's lives and achieving an impact toward the 17 SDG goals," said Sylviana Andhella, Executive Director of Rimba Raya Conservation.
  • In January 2020, an independent third-party assessment was carried out by AENOR at the Rimba Raya project in Central Kalimantan, Indonesia.
  • Over the years, Rimba Raya project has introduced several economic incentives which are aimed at promoting community development, district government infrastructure and project area protection.

Paint Company PT Mowilex Helps Protect 65,000 Forested Hectares as Part of Carbon Neutral Certification Renewal

Retrieved on: 
Monday, December 14, 2020

JAKARTA, Indonesia, Dec. 14, 2020 /PRNewswire/ --PT Mowilex Indonesia (PT Mowilex) has renewed its carbon neutral certification, offsetting its carbon emissions with projects that promote energy savings, habitat conservation and responsible community development.

Key Points: 
  • JAKARTA, Indonesia, Dec. 14, 2020 /PRNewswire/ --PT Mowilex Indonesia (PT Mowilex) has renewed its carbon neutral certification, offsetting its carbon emissions with projects that promote energy savings, habitat conservation and responsible community development.
  • "Informed by lessons learned during our 2019 carbon neutral certification process, we expanded energy conservation efforts across 11 PT Mowilex locations.
  • We also focused our carbon offset resources on projects here in Indonesia," said Tania Wakhidah Ariningtyas, Head of Environmental Affairs for PT Mowilex.
  • "The Rimba Raya REDD+ project addresses biodiversity conservation and sustainable communities, two areas of great importance to the PT Mowilex team."