VANCOUVER, March 17 /CNW/ - Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) ("CFS" or the "Company") is pleased to announce it has submitted its Project Design Document (PDD) for VCS Validation with TUV SUD Carbon Management Service, in Germany, for its Phase I Warmian-Masurian, Poland Afforestation Project (the "Project")
The Project consists of 932.51 hectares of private lands, of which 4,084,972 trees were planted on 671.12 hectares. The Project land was aggregated and afforested in cooperation with CO2 Reduction Poland Sp. z o.o. and eight different private land owners over a 30 year project period and is located in the province of Warmian-Masurian, Northern Poland.
Carbon Friendly CEO Michael Young commented, "We have spent a considerable amount of time and effort to ensure we have developed a high standard Forestry Offset project start to finish. We are excited to continue this process by submitting our PDD for VCS Validation to such a globally recognized and reputable company as TUV SUD."
The Voluntary Carbon Standard (VCS) is a leading certification standard for offset credits in the voluntary and emerging compliance markets. The VCS was initiated by The Climate Group, the International Emissions Trading Association, the World Economic Forum and the World Business Council for Sustainable Development. VCS is based upon the requirements of the Clean Development Mechanism and the ISO 14064-2 standard for project-level greenhouse gas emission activities http://www.v-c-s.org/.
About TUV SUD
TUV SUD is an international market leader in the validation and verification of climate change projects worldwide. The team of forestry experts of TUV SUD deliver audit services for all kind of forestry based projects worldwide: atmospheric carbon removal by newly established reforestations and improved forest management practices, as well as greenhouse gas emissions reductions by avoided deforestation and degradation. Overall, the first forestry projects under various carbon standards have been certified by TUV SUD, including the first CDM projects, as well as the first projects according to VCS and CCBA.
About Carbon Friendly Solutions Inc.
Carbon Friendly Solutions Inc. (CFS) is a project proponent that provides solutions for companies, organizations and individuals looking to reduce or offset their global warming impact caused by greenhouse gas emissions while including the generation of carbon credits for sale in the global Voluntary and Compliance markets. Through its wholly owned subsidiaries, Global CO2 Reduction Inc. and CO2 Reduction Poland Sp. z o.o., CFS is focusing on removing and offsetting carbon dioxide emissions from the completion of reforestation, biomass energy and renewable energy technology projects that are independently validated and verified to globally recognized standards and methodologies.
On behalf of the Board of Directors
Carbon Friendly Solutions Inc.
Certain statements included in this News Release contain forward-looking statements, including disclosure concerning possible or assumed future results of operations of the Company. Forward-looking statements typically are preceded by, followed by or include the words - "believes," "expects," "anticipates," "estimates," "intends," "plans," "or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, and the Company's results could differ materially from those anticipated in these forward-looking statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE MicroCoal Technologies Inc.
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