The CarbonNeutral Company - Planting New Roots

11 November 2009

The CarbonNeutral Company secures exclusive deal to sell carbon credits from first VCS validated forestry project in Africa; combined CDM methodology and validation provides new solution for permanence of forestry credits LONDON--(Business Wire)-- The CarbonNeutral Company, a world-leading carbon offset and carbon management company, has exclusively secured carbon credits from a reforestation project in the southern highlands of Tanzania. The Uchindile-Mapanda reforestation project is the first Agriculture, Forestry and Other Land Use (AFOLU) Voluntary Carbon Standard (VCS) project in Africa to be validated and registered, providing a guarantee of quality, credibility and permanence to the use of forestry in the carbon markets. The VCS validation enables the Uchindile-Mapanda reforestation project to combine an approved CDM methodology providing technical integrity, with a VCS buffer which addresses the risk of non-permanence and gives an essential guarantee of delivery. This approach means the project has: