COO Ostrom Climate Solutions Inc

Offsetters Climate Solutions Inc. ("OCS" or the "Company") (TSX
VENTURE:COO)(FRANKFURT:9EA) is pleased to announce that international
development company, Chemonics International LLC ("Chemonics"), has awarded the
consortium of Ecological Carbon Offset Partners LLC ("ecoPartners"), ClearSky
Climate Solutions LLC ("ClearSky") and Offsetters, a second contract ("Phase
Two") to develop project documentation for their ongoing BioREDD+ program in
Colombia, South America. 


Under the terms of the new Phase Two contract, the team of ecoPartners, ClearSky
and Offsetters will be responsible for developing and writing complete Project
Design Documentation for four additional REDD+ projects being undertaken by
Chemonics and its partners in Colombia. REDD - Reducing Emissions from
Deforestation and Degradation, is a carbon market mechanism that incentivizes
land owners to leave forests standing, thereby increasing carbon stocks over
time. Under Chemonics BioREDD+ program, the four new projects will also be
developed using both the Verified Carbon Standard ("VCS") to recognize the
carbon benefits, and the Climate, Community and Biodiversity Alliance ("CCBA")
Standard, which will recognize the social, environmental and biodiversity
impacts in the project areas.


Funded by USAID, the BioREDD+ program in Colombia has run from 2011 and will run
through 2014. Lead by Chemonics International, OPTIM and Fundacion Natura, USD
$27.8 million dollars will be invested through multiple activities supporting
biodiversity, climate change mitigation (REDD) activities, and climate change
adaptation activities in the Choco and Caribbean regions. The major goals of
this program are the establishment of at least eight financed REDD+ projects in
the pacific region covering one million hectares, as well as a carbon baseline
for the pacific and amazon regions in support of Colombia's regional REDD+
program.


"The initial work undertaken in Colombia by this consortium has been well
received by Chemonics, and we are pleased to have been granted the opportunity
to continue the work into Phase Two of the program," commented Dr. James Tansey,
CEO of Offsetters. "This new contract will help Chemonics reach the goal of
having eight unique REDD programs established under the BIOREDD+ program in
Colombia." 


James Tansey, Ph.D., President and CEO

Offsetters Climate Solutions Inc.

About Chemonics International Inc.

Founded in 1975, Chemonics is an employee-owned international development
company dedicated to helping people live healthier, more productive and more
independent lives. Chemonics has worked in more than 150 countries, helping
clients, partners and beneficiaries implement innovative projects that achieve
development impact. www.chemonics.com


About Ecological Carbon Offset Partners LLC

Based in Berkeley California, ecoPartners is a leading technical consulting and
project development group focused on land use activities, both in North America
and Internationally. ecoPartners' experience includes VCS methodology
development, REDD and Improved Forest Management Project Design Document
creation, project feasibility assessments and verification support services.
www.ecopartnersllc.com


About ClearSky Climate Solutions LLC

ClearSky Climate Solutions, based in Missoula Montana, is focused on the design
and development of market-based forest carbon projects. With a deep background
in REDD, ClearSky provides project design and development services, strategic
consulting and community engagement services to ensure social and environmental
safeguards are fully integrated into project development activities.
www.clearskyclimatesolutions.com


About Offsetters Climate Solutions Inc.

Offsetters is Canada's largest and most diversified carbon management solutions
company. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects, and
through a comprehensive offering of sustainability consultancy services
Offsetters helps organizations understand, reduce and offset their climate
impact. A merger of ERA Carbon Offsets and Offsetters, Offsetters is based in
Vancouver, Canada and has worked with over 150 of the world's most prestigious
organizations including Aimia, Vancity, lululemon athletica, Catalyst Paper,
Harbour Air, HSE - Entega, and Shell Canada Limited. Offsetters is publicly
listed company on the Toronto Venture Exchange (TSX VENTURE:COO) and in
Frankfurt:9EA. For more information, please visit us at www.offsetters.ca. 


FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of forest-based
carbon offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although Offsetters Climate
Solutions Inc. believes that their expectations reflected in these forward
looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include
fluctuations in the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and other risks
disclosed in our filings made with Canadian Securities Regulators.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Offsetters Climate Solutions Inc.
David Rokoss
778-945-0951
david.rokoss@offsetters.ca
www.offsetters.ca

Ostrom Climate Solutions (TSXV:COO)
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Ostrom Climate Solutions (TSXV:COO)
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부터 7월(7) 2023 으로 7월(7) 2024