‘SDGEC’ is a Voluntary Excellence Center, born and able to confirm ‘Structurable Business Models’ aimed at Corporations, Governments and Indigenous Peoples. Upon verification, it attests to the standardization of its ethical role, certifying the inclusive excellence of the 17 Sustainable Development Goals to be promoted by various sectors of society, on a voluntary basis, for the global market in the segment of climate finance. This segment exceptionally establishes the land use (FAO) among existing correlated categories, and specifically intact primary forests under temporary or perpetual waiver with regard to non-deforestation, nondegradation in favor of biodiversity protection, that is, those that adopt technical methodology, innovative scientific Infinite Forest Carbon (IFC) as an application of the Sustainable Development Mechanism (SDM), integrated into the central core of price structuring that determines the ESG and SER businesses.

DevvStream Announces Carbon Credit Management MOU for up to 8.3 Million Hectares of Amazon Rainforest Land in Bolivia

Innovative carbon credit conservation project is expected to generate carbon credits utilizing a novel technology-driven methodology currently in development

VANCOUVER, BC, July 20, 2023 — DevvStream Holdings Inc. (CBOE:DESG) (OTCQB: DSTRF) (FSE: CQ0) (“DevvStream” or the “Company”) a leading carbon credit project development and generation firm specializing in technology solutions, today announced a memorandum of understanding (MOU) with Bluegrace Energy (“Bluegrace”) establishing DevvStream as the exclusive carbon credit manager for an 8.3-million-hectare Amazon rainforest protection project in Bolivia. Under the terms of the MOU, DevvStream will provide carbon credit management services and will receive a portion of any resulting credits.

Forest-based carbon credit projects typically utilize the REDD+ framework, which establishes a methodology for ….

You can read the entire article on its original source

https://www.devvstream.com/news/news-releases/2023/devvstream-announces-carbon-credit-management-mou-for-up-to-83-million-hectares-of-amazon-rainforest-land-in-bolivia

Resources:

1. https://www.spglobal.com/commodityinsights/en/market-insights/blogs/energy-transition/011222-redd-carbon-credits-cop27

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Baseline

UN – Inclusive Wealth Report 2014

[Inclusive Forest Wealth, Formed Without Human Intervention]

Procedimiento 1 – Clasificación

2. Verification: An issuer can obtain independent verification against a designated set of criteria, typically for complying with business processes and/or environmental criteria. Verification may focus on alignment with internal or external standards or claims made by the issuer. Also, evaluation of the environmentally sustainable features of underlying assets may be termed as verification and may reference external criteria.

Assurance or attestation regarding an issuer’s internal tracking method for use of proceeds, allocation of funds from titles under ICMA principles proceeds, statement of environmental, social and sustainability impact or alignment of reporting with the principles, may also be termed verification.

4. Under ICMA Scoring/Rating: An issuer can have its documentary credit derivative, asassociated Green Bond framework or a key feature such as Use of Proceeds Titles evaluated or evaluated by qualified third parties, such as specialized research providers or rating agencies, according to an established scoring/rating methodology IFC. The output may include a focus on environmental performance data, the process relative to each principles, or another benchmark, such as a 2-degree climate change scenario. Such scoring/rating is distinct from credit ratings, which may nonetheless reflect material environmental risks

Procedure 2 – Qualification

Procedure 3 – UN Agenda Voluntary Initiative 2030/2050

Public Register: No. 132308 (Panama)

Founded in 2008 in Panama and with a branch in Brazil, what FICO S/A does is provide service to humanitarian parties by promoting decarbonisation in nature. Its qualified technical staff has a range of expertise, like carrying out forest inventories and valuing these services, issuance of SDG Bonds (equity corporate bonds), CO2 offsetting (secondary/voluntary market) and promoting mechanisms that make it possible to obtain Payment for Environmental Services (PES).

Procedure 4: Certification of Qualification & Accreditation

The Standardization and Compliance of the SDGEC Excellence Center determines a standard of technical, scientific and commercial ethics in the format of “Inclusive Excellencies” under the integral concept of normative control over the following factors of the Services and Products derived from Climate Finance, which are described according to the demands of the Sustainable Development Mechanism (SDM), which shows (a) Legality (b) Verifiability, (c) Traceability, (d) Security, (e) Accreditation, (f) Certification on the following factors of a negotiation process when consulted, on the volume of bonds at a still non-financial phase, with grant and certification:

EXPERTISE

Instituto Embaixada do Clima is an Observer Member of ICMA: https://www.icmagroup.org/sustainable-finance/membership-governance-and- workinggroups/membership/#:~:text=Instituto%20Embaixada Technical Specialization (ISO 14001 standard), in accordance with the DNV and Bureau Veritas curriculum standards.

AMENDMENT

(a) SDG Obligations, General Purpose Goals;

(b) Sustainability Management, Application Capability;

(c) Qualifying and Quantitative Assessment resulting from the SDM;

(d) Application of the Expected Generation Fund;

(e) SDG Impact Report with SDM.

Procedure 5: IFC (Infinite Forest Carbon) Methodology

NBR ISO/IEC17025

According to the Brazilian Association of Technical Standards (NBR ISO/IEC 17025), validating a methodology means confirming by examination and providing objective evidence that the specific requirements for a particular intended use.

This is precisely the case of SDGEC, which verifies and validates the application of the IFC Methodology, which establishes the classification for Primary Forest Protection under commercial activity of Biodiversity Preservation, among the other FAO categories, totally compatible and naturally linked to the categories and exceptional foundation of land use.

The Infinite Forest Carbon (IFC) methodology, developed as a response to the preservation of the environment in general and of primary forests in particular, considers these as a supreme planetary good in order to satisfy the needs of its peoples and the planet, within which there are innumerable ecosystem services that provide great capacity to absorb CO2 from the atmosphere and mitigate climate change, which leads to the formation of natural carbon sinks. IFC Methodology has a vision that allows us to move from an economic anthropocentrism to a biocentrism, whence humanity is part. And for that, it imposes economic equity, so that nature is rewarded for the ecosystem services it provides, and by which it respects the principle of economic inclusion, that is, nature is a subject of economy. In this way, Infinite Forest Carbon is the first methodology that considers the ethical principles of equity and inclusion, while considering it as subject to nature.

The originality and objective advantages of this methodology stand out as better adapted to the global socio-economic and environmental reality, unlike other schemes promoted through carbon markets that seek to internalize the negative externality caused by the exploitation of environmental resources and greenhouse gas emissions.

The IFC seeks to avoid the generation of externality and at the same time compensate for the positive externality produced by primary forests, proposing a change of focus: rather than focusing on the internalization of the costs of the exploitation of the territory, instead there is the positive externality derived from the conservation of the environmental assets. Therefore, the methodological development proposed herein to make possible the concrete measurement in economic terms of the median environmental asset, enabling a negotiation with the holders of the land with the objective of achieving its preservation for the benefit of the whole society.

IFC analysis is presented with a discussion of the benefits for the companies that yield a flow of potential benefits derived from the best productive activity that on different lands could develop in exchange for a clear flow of funds that does not contain risk business. The work shows that the IFC proposal must be adjusted according to the ownership of the lands and that their value is indifferent to what they could produce, not so in terms of the amount of money required to avoid a negative externality and /o to enhance a positive externality.

As part of the background for the analysis of the methodology, the valuation of natural resources has been included, in particular the forests and their connectivity with 17 Sustainable Development Goals and the creation of Protected Natural Areas as One of the alternatives to protect the supreme good that are the primary forests.

Procedure 6: Exceptional Land Use

CATEGORY
(Protection of Primary Forests & Preservation of Biodiversity) The use of the waiver mechanism (forest servitude) is the most effective means
of achieving the goal of promoting intact ecological sustainability through Biodiversity Preservation in Native Forest (specifically, primary forest), as it
encourages the owner – instead of the usual activities that promote their destruction – to opt for the business economic activity of forest protection and preservation of
biodiversity, since he or she will start to earn financial results with the provision of ecosystem services of carbon dioxide neutralization and storage and also maintaining the necessary conditions that are essential for future neutralizations – measurable in tCO2.e.

ACTIVITY
The IFC methodology is a market mechanism for issuing private and public SDG bonds, to be issued based on and within the rules and criteria of green principles, and comes from technical, scientific and statistical academic studies from the demands of the financial market.

MARKET PRICING
The IFC Methodology determines the volume and prices of Corporate, Public or Indigenous SDG Equity Assets for self-remuneration purposes by instituting Payment for Ecosystem Services (PES) using available sources of payment on the Voluntary Market through the issuance of derivative financial instruments of documentary credit for general purposes, originating use only under the exceptional category edited by the IFC methodology, which found the forest service
rules (by temporary or perpetual waiver), the condition being a time parameter between 1950 and 2050, using these rules for all calculations performed within technical, scientific, logistical and statistic considerations, gradually scaled to the retroactive and future incident t.CO2.e volume.

Procedure 7: Second Opinion Certification

Alberi Forest Ltda, CNPJ 14.563.533/0001-96 Report on the Infinite Forest Carbon Methodology – Ethical and Philosophical Principles, considering its historical, social, economic and legal framework: Standards & Compliance incorporates a second instance after the process is Audited, Attested and Approved with Certification in charge of ‘Second Opinion’ through academic analysis by forest engineer Dr. Ângelo de Sousa Santarlacci, PhD. in Forest Sciences: http:/ /lattes.cnpq.br/1239193374998053 Dr. Santarlacci audited the entire process, adding integration according to each Sustainable Development Goal, required as a Sustainable Development Mechanism (SDM) individually in the structure of each enterprise, whether they are an environmental, social or sustainability enterprise, as follows:

a) Interaction with all players participating in the SDM project.
b) ESG Verification and SDM Project Approval.
c) SDM project impact and control reports.
d) Capacity summary of the issuer.

Procedure 8: Administrative Custody/OTC Market Settlement

Corporate Standards & Compliance is complemented by the volume breakdown system contained in the financial matrix resulting from the SDM Project, under the custody and control  of the custody and settlement chamber CCS Code: https://ccs.ficoglobal.com/public/ which is a department of Foreign Investment Company S/A (FICO S/A), with emphasis, purposes and object contained in CLAUSE A). FICO S/A regulates all activities inherent to the issuance and administrative custody of securities related to climate finance in the SDG segment, among others.

CLAUSE A

Allowing for the administrative custody of the natural capital assets of SDG – which are issued based on ICMA principles for the capital markets and the extra exchange traded throughout the world through its international subsidiary with headquarters and registration in Brazil and in conjunction with affiliated companies.

Procedure 9: 17 Sustainable Development Goals

In September 2015, the United Nations General Assembly adopted the agenda 2030 for Sustainable Development, an action plan aimed at the greater good of people, the planet and prosperity, which also intends to strengthen universal peace and access to justice. The Member States of the United Nations approved a resolution in which they recognize that the greatest challenge in the world today is the eradication of poverty and affirm that without achieving it, there can be no sustainable development.

Procedure 10: Institutional Indigenous Compliance

Procedure 11: Global Veracity Verification and Confirmation

Customized for each individual SDM project – composed of a Corporate Title Matrix, with value and volume made available to the global market in general, Blockchain System.

ACTIVE MEMBERS OF THE SDGEC COMMITEE

Angelo de Souza Santarlacci, Doctor of Forest Science (External)

Francisco de A. S. A de Faria, Socio-Environmental Economics (External)

Silvana Gonçalves de Castro, Expertise in Ecosystemic Compliance (External)

Estevão Jadanhi Neto, CCS Code system; IFC calculations (Internal)

Reynier B. Z. Palma, Banking Procedures – ‘External’ (External)

Cassius Spalding – COLAC (NGO), Support for the Financial Initiative to the UN Program (UNEP FI) (External)

Alfonso Castillejo, Structuring and Definition of SDM Projects (Internal)

Marcial Arias, Environmental Impact Analyst (External)

Estevão Jadanhi Filho, IFC Methodology – Infinite Forest Carbon (Internal)

Maria Marta dos Santos, Lawyer in Environmental Management (External)

Note:
Additional information and all the documents mentioned here will be available in the CCS Code system