Saturday, May 31, 2025

Latest

Carbon Streaming Acquires Stream Focused On Protecting Brazilian Savannah

Carbon Streaming Corp (NEO: NETZ) this morning revealed its latest investment within the carbon credit sector. The latest project supported by the company is that of the Cerrado Biome Project, operated by Ecosystem Regeneration Association, also known as ERA Brazil.

The Cerrado Biome Project is focused on the protection of native forests and grasslands, in one of the most biodiverse savannah regions globally, the Cerrado biome of Brazil. The ecosystem is currently threatened as a result of commercial agriculture, with the region featuring key springs that provide feed for the largest aquifers on the continent.

Carbon Streaming will invest US$0.5 million under the current arrangement, of which half is to be paid upon closing. In exchange, the company will receive approximately 0.5 million carbon credits per year on average over a 30 year time span. Initially, credits are expected to amounted to 0.1 million per year.

“The Cerrado Biome Project is just such an opportunity, and we see significant growth potential to provide a stream of high-quality credits while protecting a unique biome. ERA has a vision that aligns with our own, and we’re excited by their ambition and look forward to seeing their plans for the future come to fruition,” commented Justin Cochrane, CEO of Carbon Streaming.

Proceeds from the carbon streaming arrangement meanwhile will be used by the project to scale and build its organizational capacity, which will then enable the ERA to support and expand the current project. The verification of the project is reportedly currently ongoing in terms of carbon credits, with the first such credits to be delivered next year. Annual credits are expected to grow as a result of the expansion of the project.

Carbon Streaming Corp last traded at $2.45 on the Neo.


FULL DISCLOSURE: Carbon Streaming Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Carbon Streaming Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Carbon Streaming Enters JV Focused On Collaborating With First Nations

Carbon Streaming Corp (OTC: MXVDF) this morning announced that it has entered into a joint...

Monday, June 7, 2021, 11:02:24 AM

Canada Nickel Suggests Its Flagship Mine Could Produce 710,000 Tonnes Of CO2 Carbon Credits Annually

Canada Nickel (TSXV: CNC) believes it has found a way to produce carbon-free nickel, cobalt...

Wednesday, July 20, 2022, 09:07:03 AM

Carbon Streaming: Bringing An Old Model To A New Industry – The Daily Dive feat Justin Cochrane

Starting the week off on the Daily Dive is that of Justin Cochrane, CEO of...

Monday, June 7, 2021, 01:30:00 PM

Carbon Streaming Corp Accepted To International Emissions Trading Association

Carbon Streaming Corp (NEO: NETZ) is evidently looking to validate its role within the carbon...

Thursday, August 19, 2021, 10:04:00 AM

Carbon Credits: The Next Market Craze? – The Daily Dive

Joining us today on the Daily Dive is returning guest Justin Cochrane, CEO of Carbon...

Thursday, November 25, 2021, 01:30:00 PM