Thursday, 12 October 2023 04:30 PM
Partnerships
Through the use of advanced technology, they are preserving 20.5 million acres of the Amazon Rainforest in Bolivia and promoting clean energy by tokenizing the natural forest assets.
SANTA CRUZ, BOLIVIA / ACCESSWIRE / October 12, 2023 / In anticipation of the 5th INTERNATIONAL SUSTAINABILITY CONGRESS, scheduled for October 26, 2023, in Madrid, Spain, and as a prelude to the COP28 world climate summit, Julio Jose Montenegro, President and CEO of BlueGrace Energy Bolivia announced the acceptance of BlueGrace Energy Bolivia as an observer of the International Capital Market Association (ICMA).
ICMA, a non-profit association headquartered in Zurich with global offices in London, Paris, Brussels, and Hong Kong, unites over 600 members across 66 jurisdictions worldwide, actively shaping the international debt capital markets. ICMA and its members have played a pivotal role in developing rules and recommendations that have fostered the growth of global capital and securities markets.
ICMA achieves its objectives by convening members from diverse debt securities markets through committees, focusing on market practices and regulatory issues. The core areas of interest include primary and secondary markets, repo, and collateral, with a broader emphasis on sustainable finance and FinTech.
BlueGrace Energy Bolivia is thrilled to be a part of ICMA, which lends support to its mission to become a leading project in its field.
Aligned with the UN's environmental conservation and sustainable energy requirements, BlueGrace Energy Bolivia is spearheading an extraordinary project to conserve 20.5 million acres of the Amazon Rainforest in Bolivia. This project, the largest of its kind, reflects a robust commitment to protecting the Amazon Rainforest and advancing clean energy solutions in line with the UN Sustainable Development Goals (SDGs) through the Tokenization of SDG Bonds and Natural Forest Capital Assets.
Utilizing advanced technologies like artificial intelligence and satellite imagery to precisely quantify carbon credits, this initiative will make a substantial contribution to global climate goals.
Beyond environmental objectives, the partnerships achieved so far, empower indigenous communities through various social initiatives, enhancing their lives in education, healthcare, and infrastructure. This comprehensive approach integrates environmental protection, clean energy transition, and community empowerment, positioning them as leaders in environmental conservation and clean energy in Bolivia.
In the context of the global trend of personalized carbon offsetting, both individuals and companies acknowledge their vital role in combating climate change. With the carbon credits market projected to reach $100 billion by 2030, this initiative gains even more significance.
These alliances underscore the ongoing importance of the partnership as it strives towards a sustainable and carbon-neutral future, serving as a compelling example of what collective action and innovation can accomplish.
About BlueGrace Energy Bolivia:
BlueGrace Energy Bolivia is a consortium of experts and professionals from around the world with extensive experience in the energy sector, dedicated to making a valuable contribution to the global energy transition towards a net-zero future. In response to the pressing challenges posed by climate change, BlueGrace Energy Bolivia SRL was established as a platform to coordinate efforts in our mission. Our experts excel in clean and renewable energy and have decades of experience leading innovative projects in energy transition, tailored to the challenges of the 21st century. At BlueGrace, we uphold the principles of professional expertise, unwavering integrity, and creating genuine value for both business and society. For more information, visit https://bluegracebolivia.com.
For further information, please contact:
JULIO JOSE MONTENEGRO
[email protected]
+1 (305) 9728173 (Miami - EE.UU.)
NELSON PINEDA MARTINEZ
[email protected]
+591 714-72257 (Bolivia)
For all media inquiries, please contact:
Ivan Linde
[email protected]
+1 (786) 273-7068 (Miami - EE.UU.)
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 securities regulations.
SOURCE: BLUEGRACE ENERGY BOLIVIA