Innovative Partnership Aims to Preserve 8.3 million Hectares of Amazon Rainforest and Promote Clean Energy
SANTA CRUZ, BOLIVIA / ACCESSWIRE / September 14, 2023 / BlueGrace Energy Bolivia is excited to announce a groundbreaking initiative that seeks to revolutionize environmental conservation and the clean energy transition in Bolivia. This pioneering partnership is motivated by a mutual dedication to safeguarding the invaluable Amazon rainforest and promoting sustainable energy practices, all while positively impacting local communities.
A leading carbon credit project development company, known for its expertise in technology solutions, has signed a memorandum of understanding (MOU) with BlueGrace Energy Bolivia. This MOU appoints the company as the exclusive carbon credit manager for an ambitious Amazon rainforest conservation project covering 8.3 million hectares in Bolivia. The company will manage carbon credit services and will be entitled to a share of the resulting credits.
Carbon credit projects in forests often face challenges due to rigorous standards. The project plans to employ cutting-edge technologies such as AI and satellite imaging for accurate carbon credit measurement. Additionally, the initiative supports social endeavors for indigenous populations, encompassing infrastructure, education, water treatment, healthcare, and transportation.
The CEO of the carbon credit company underscored the importance of preserving rainforest territories, emphasizing that technology can augment nature conservation. By harnessing machine learning, AI, blockchain, and advanced imaging techniques, the company aims to protect vast expanses of land while adhering to Core Carbon Principles related to governance, emissions impact, and sustainable growth.
Julio Montenegro, CEO of BlueGrace Bolivia, stressed the significance of collaborating with a reputable carbon credit firm known for its transparency, expertise, and integrity. BlueGrace is delighted to work together to protect these vital areas and further social and humanitarian projects benefiting the indigenous communities living within the forests.
A renowned financial institution, with a history of innovation in climate finance, plays a crucial role in aiding both financial and non-financial organizations in realizing the United Nations Sustainable Development Goals (UN SDGs). This institution is a key member of the Task Force on Climate-related Financial Disclosures (TCFD) and will act as a custodial and settlement center for all transactions related to the Sustainable Development Goals (SDG) Bonds within this initiative.
The exceptional land use in Natural Areas, as part of this project, 'Natural Capital-Based,' using the IFC - Infinite Forest Carbon methodology applied to the Natural Area Forest, strictly adheres to the principles of Social, Environmental, and Sustainability. With zero emissions, it promotes the capture and accumulation of 'tGEI.eCN' assets, amounting to 3,163,960,000.00 metric tons, successfully achieving SDG Goal 13. This directly aids in emissions reduction through permanent compensation for CMNUCC control and can also be recognized as an SDG Goal 13, as recommended by the United Nations.
A Vision for a Greener Future
At the core of BlueGrace Energy Bolivia's mission is the conservation of 8.3 million hectares of Bolivia's Amazon rainforest. This effort signifies a major move towards establishing new benchmarks for responsible environmental care and sustainable energy progression in South America.
A Harmony of Conservation and Progress
BlueGrace Energy Bolivia seamlessly blends environmental conservation with economic growth. The company's primary objective is to advocate for sustainable development goals, with a pronounced focus on transitioning to clean energy.
Revolutionizing Carbon Credit Generation
Moving away from conventional methods, the project employs state-of-the-art technology, including artificial intelligence, machine learning, and satellite imaging, to precisely calculate carbon credits. This novel approach guarantees a more accurate assessment of environmental effects.
Beyond protecting the rainforest, the project also places the welfare of indigenous and agricultural communities living within its confines at the forefront. The goal is to allocate resources to social projects, encompassing infrastructure development, education, healthcare, and more.
BlueGrace Energy Bolivia is dedicated to setting the standard in environmental conservation in South America, using Carbon Credits to propel clean energy, responsible mining, and the preservation of Bolivia's Amazon rainforest.
BlueGrace Energy Bolivia invites you to participate in this transformative journey towards a brighter, more sustainable future for Bolivia and the globe.
About Bluegrace Energy Bolivia
Bluegrace Energy Bolivia is an association of experts and professionals from around the world with years of experience in the energy sector, with the common goal of making a valuable contribution to the global energy transition toward a net zero future. Witnessing the alarming effects of climate change and the challenges facing societies on their path toward sustainability, we conceived Bluegrace Energy Bolivia SRL as a platform from which we could coordinate our efforts in our mission. Our experts stand out in both clean and renewable energy and have decades of experience leading innovative projects in the field of energy transition towards a model 'fit for the challenges of the 21st century'. At Bluegrace, we adhere to the common principles of professional expertise, the highest integrity, and creating real value in both business and society. Visit https://bluegracebolivia.com for more information.
For further information, please contact:
JULIO JOSE MONTENEGRO
+1 (305) 9728173 (Miami - EE.UU.)
NELSON PINEDA MARTINEZ
+591 714-72257 (Bolivia)
For all media inquiries, please contact:
+1 (786) 273-7068 (Miami - EE.UU.)
This announcement is solely for informational use and should not be viewed as financial, legal, or investment guidance. It includes projections and statements that aren't based on past events. Any statement in this release that isn't a historical fact is a projection. Readers should be aware that the basis for these projections might be incorrect and are advised not to rely solely on them. Any projections in this announcement come with a warning. They are current as of the release date, and the Company has no plans to update them, except as mandated by securities regulations.
SOURCE: BLUEGRACE ENERGY BOLIVIA
View source version on accesswire.com: