Minería Verde

BLUEGRACE ENERGY BOLIVIA and COMPANIA MINERA ARCO DE ORO S.A.C. Cement Collaborative Investment Agreement with a Focus on Sustainable Finance, Green Mining, and the Sustainable Development Mechanism (SDM)

Bolivia and Lima, Peru [August 23, 2023] – BLUEGRACE ENERGY BOLIVIA, headquartered in Bolivia, and COMPANIA MINERA ARCO DE ORO S.A.C., based in Lima, have officially solidified a transformative investment partnership. This landmark collaboration, marked by the signing of a binding Investment Letter of Intent (Lol), represents a crucial stride towards a comprehensive future agreement.

 

Steering Towards Success

The core framework established in the Investment Letter of Intent (Lol) functions as the bedrock upon which an impending formal agreement will be built. Beyond the financial implications, this partnership resonates with the shared commitment of both entities towards growth, transparency, mutual triumph,
and the principles of the Sustainable Development Goals (SDG).

Arco de Oro Mining Project: Pioneering Green Mining and Embracing Sustainable Development Goals

The Sustainable Development Goals (SDG) are a blueprint designed by the United Nations to achieve a better and more sustainable future for everyone. These goals address pressing global challenges, encompassing issues such as poverty, inequality, climate change, environmental degradation, and the pursuit of peace and justice. There are 17 interconnected SDGs, and the aim is to achieve all of them by 2030 to ensure no one is left behind. Some of these goals include: [7] Affordable and Clean Energy; [9] Industry, Innovation, and Infrastructure; [11] Sustainable Cities and Communities, [12] Responsible Consumption and Production, [13] Climate Action, [15] Life on Land Ecosystems, and [17] Partnerships to achieve goals. Each goal has specific targets and indicators to measure progress and ensure a holistic approach to sustainable development.

The crux of this partnership revolves around the “Arco de Oro Mining Project,” an environmentally conscious endeavor based in Peru. The project’s objective is to revolutionize extractive processes by transitioning to a 100% green methodology across its operational spectrum. Spearheaded by BLUEGRACE ENERGY BOLIVIA SRL, a company dedicated to environmental management, conservation, and the principles of the SDG, the project is set to redefine responsible mining practices.

The Sustainable Development Goals (SDG) align closely with the Sustainable Development Mechanism (SDM), a global platform created under the Paris Climate Agreement to promote emission reduction trading among all nations. Intended to succeed the Clean Development Mechanism (CDM) from the 1997 Kyoto Protocol, the SDM encourages climate initiatives by enabling parties to trade ‘carbon credits’. These credits are garnered through carbon reduction or removal from the atmosphere, either by implementing eco-friendly production techniques or by bolstering or preserving carbon reservoirs in ecosystems.

Under Article 6.4 of the Paris Agreement, the SDM allows for the transfer of carbon credits to another country, which can then count them towards its nationally determined contributions (NDCs). This provision explicitly recognizes the role of private entities in mitigating greenhouse gas emissions, enabling states, companies, and even individuals to purchase credits. The mechanism ensures that emission reductions are additional and not part of another mandatory scheme established to reach a country’s NDC

 

Leading the Sustainable Finance Frontier

Over the past 15 years, Latin America and the Caribbean have surged in the global sustainable bonds market, contributing over $40 billion by 2022. Pioneers like Bluegrace Energy Bolivia and COMPANIA MINERA ARCO DE ORO S.A.C. showcase the power of sustainable finance. Bluegrace has issued the required Green Certificate Bonds (GCB) to complete this acquisition, highlighting an unwavering commitment to sustainability. COMPANIA MINERA ARCO DE ORO S.A.C. will channel GCB debt bonds towards impactful projects, capturing a meaningful percentage of market share in Peru.

Sustainable Compliance and Community Engagement

Emphasizing its commitment to global environmental standards, the project adheres to the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol (KP), and the principles of the SDM. Peru, adheres to the UNFCCC and has ratified the Paris Agreement. Over the years, Peru has taken steps to address climate change, such as the formulation of its Nationally Determined Contributions (NDCs). Ensuring a harmonious coexistence with local communities, governments, and environmental organizations is paramount. Through open dialogue and stakeholder engagement, the project aims to garner support and feedback as it embarks on this groundbreaking transition

 

Continuous Monitoring and Improvement

Integral to the project’s success is its rigorous monitoring and continuous improvement initiatives. By implementing robust measurement systems and embracing a culture of ongoing enhancement, the project ensures that it not only meets but exceeds its sustainability objectives. Throughout all stages of the process, opportunities for refinement will be explored to fortify its commitment to a greener future.

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 towards a net zero future. Witnessing the alarming effects of climate change and the challenges facing societies on their path towards 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.Integral to the project’s success is its rigorous monitoring and continuous improvement initiatives. By implementing robust measurement systems and embracing a culture of ongoing enhancement, the project ensures that it not only meets but exceeds its sustainability objectives. Throughout all stages of the process, opportunities for refinement will be explored to fortify its commitment to a greener future.

About Compañia Minera Arco de Oro S.A.C.

Cia. Minera Arco De Oro S.A.C. is a company in Peru, headquartered in Lima. It operates in the sector of mining non-metallic minerals, other than those specifically categorized. The company was established on April 1, 2008.

Disclaimer

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 Canadian securities regulations.

Continuous Monitoring and Improvement

Integral to the project’s success is its rigorous monitoring and continuous improvement initiatives. By implementing robust measurement systems and embracing a culture of ongoing enhancement, the project ensures that it not only meets but exceeds its sustainability objectives. Throughout all stages of the process, opportunities for refinement will be explored to fortify its commitment to a greener future.

La minería verde es una tendencia que busca reducir los impactos ambientales de la extracción y el procesamiento de metales y minerales, mediante el uso de tecnologías limpias, la eficiencia de materiales, agua y energía, y el manejo adecuado de los residuos y emisiones.

 

Bluegrace Energy busca revolucionar la minería a través de procesos de extracción 100% ecológicos

En particular, para Latinoamérica que posee una gran diversidad y enorme riqueza de recursos minerales, la minería verde puede convertirse es un sector vital para el desarrollo económico, social y ambiental de la región, que enfrenta desafíos como la preservación de la biodiversidad, el cambio climático, la gobernabilidad y la inclusión social.

Por ello, es necesario impulsar políticas públicas y estándares industriales que promuevan la sustentabilidad en la minería, alineados con los objetivos globales de la Agenda 20303.

la minería verde es una alternativa sostenible, que busca aprovechar los beneficios de la minería sin comprometer el bienestar de las generaciones presentes y futuras.

La minería verde emplea tecnologías limpias y eficientes, maneja adecuadamente los residuos y emisiones, restaura los ecosistemas afectados, genera valor compartido con las comunidades involucradas y respeta los derechos humanos y ambientales.

Todo esto debe alinearse con los Objetivos de Desarrollo Sostenible (ODS), un plan diseñado en 2015 por las Naciones Unidas para lograr un desarrollo sostenible que integre las dimensiones económica, social y ambiental.

Estos objetivos abordan apremiantes retos mundiales, abarcando cuestiones como la pobreza, la desigualdad, el cambio climático, la degradación del medio ambiente y la búsqueda de la paz y la justicia.

Los ODS son 17 objetivos que buscan poner fin a la pobreza, proteger el planeta y asegurar la paz y la prosperidad para todas las personas para el año 2030.

Dos empresas líderes en el sector, Bluegrace Energy Bolivia y Compañía Minera Arco de Oro, han establecido una alianza estratégica para desarrollar proyectos mineros verdes alineados con la Agenda 2030 para el Desarrollo Sostenible.

Estas dos empresas apuestan por la innovación tecnológica, la gestión responsable y la participación comunitaria para lograr una minería verde.

Con el acuerdo, Bluegrace Energy adquirirá una participación del 50% del total del Capital Social de la Compañía Minera Arco de Oro S.A.C. Esta poderosa alianza recibe un refuerzo adicional a través de un bono convertible de Bluegrace Energy, diseñado para fortalecer las capacidades operativas de Compañía Minera Arco de Oro.

El centro de esta asociación se encuentra en el Proyecto Minero Arco de Oro, una empresa con conciencia medioambiental con sede en Perú. El objetivo del proyecto es revolucionar los procesos extractivos mediante la transición a una metodología 100% ecológica en todo su espectro operativo

 

Aún faltan algunas notas importantes sobre este artículo, puedes leerlo completo en nuestro Blog

Encontrarás su versión original en la página:

https://www.worldenergytrade.com/metales/mineria/bluegrace-energy-extraccion-ecologica

 

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