Rainforest Resources Announces the UKUMARI Project Will Avoid the Emission of 1.2M Tons of CO2 to the Atmosphere
December 2, 2021. Miami, Florida. RAINFOREST RESOURCES INC. and its subsidiary RAINFOREST DEL ECUADOR are pleased to announce, being close to obtaining VERRA certification, the UKUMARI project will avoid, according to the deforestation trend, the emission of 1'202,718.00 tons of CO2 equivalent (tCO2e) into the atmosphere until the year 2035.
Currently the UKUMARI cloud forest will conserve 6,705.90 hectares, which is equivalent to a carbon stock of 3'031,086.47 tCO2e.
The price of each tCO2e retained, according to SENDECO2, European CO2 Trading System, which is a company dedicated to the purchase and sale of emission rights, which transfers the benefits of the financial markets to the negotiation of Carbon Dioxide Emission Rights and Carbon Credits, the value at December 2021 for each carbon certificate or ton of CO2 retained is 76.78 Euros.
For further information on the value of each carbon certificate retained please visit the website, http://www.sendeco2.com/es/precios-co2
For further information on Rainforest Resources Inc. (RRIF) please visit the Company website, www.rainforestresourcesinc.com
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