The fate of vast DRC forests is a bellwether for the sustainability of planetary forests, preservation of Indigenous Peoples, and stewardship of the DRC biosphere, an emerging 'Country of the Future' in Africa.
Lubumbashi, DRC, Africa and Cambridge, MA, USA (PRWEB) November 18, 2016
The vast expanse of the Democratic Republic of Congo (DRC), which covers approximately 133 million hectares of Africa, is one of the planet's richest and most diverse natural areas. However, what value to the environment and to landowners can be realized through on-the-ground forest carbon sequestration projects? A joint project between EmiAfrican (EF), located in Lubumbashi, DRC, Africa, and Planetary Emissions Management Inc. (PEM), located in Cambridge, Massachusetts, USA, will address the question by implementing reforestation and agroforestry projects for diverse DRC landscapes. The effort will establish state-of-the-art measurement platforms for tracking greenhouse gas (GHG) flux emission levels across the project areas. The PEM approach incentivizes landowners to manage projects for long-term sustainability through ongoing revenue at no cost or fee. The project marks the first large-scale endeavor of its kind in the DRC. Expected project results include new and directly verified carbon products for sale to individuals, corporations and institutions worldwide. A Regulation A+ Tier II* $50M USD funding plan is under consideration by PEM to support the project.
Mr. Merimee Kalumba, MTech, director and founder of EmiAfrican, remarked, “The proposed project is an extraordinary opportunity to apply innovative technologies to foster stewardship of diverse forests and Indigenous Peoples for the benefit of the DRC, Africa and the planet.” The DRC is a vast complex mosaic of ecological and cultural landscapes with new opportunities for programs to reverse deforestation and develop agroforestry, both beneficial to the future of the DRC. Kalumba added, “Our work with Planetary Emissions Management Inc. can make a real and lasting difference in forest and cultural preservation through large-scale first-of-its-kind GHG monitoring programs that result in revenue to landowners from new tradable carbon products.”
Bruno D. V. Marino, PhD, CEO and founder of PEM Inc. added, “The fate of vast DRC forests is a bellwether for the sustainability of planetary forests, preservation of Indigenous Peoples, and stewardship of the DRC biosphere, an emerging 'Country of the Future' in Africa.” The population of Africa is expected to double to 2.4 billion by 2050 bringing new challenges for management of the environment and food production. The joint project addresses both areas. PEM will deploy field measurement systems for forest carbon sequestration, including agroforestry, to support monetization to markets in collaboration with EmiAfrican. The PEM approach is based on 24/7 monitoring, verification, and accounting of GHG flux (e.g., CO2, CH4, and N2O). The PEM approach imposes no fees or costs to landowners in contrast to traditional carbon credit programs. “PEM supports objectives of the Paris Agreement, including large-scale direct GHG measurement technologies, innovative climate change finance, and GHG trading options for signatory countries across the planet,” explained Marino.
A contemplated Regulation A+ Tier II* approach to support the project would allow the public to invest in a company whose mission is to create forest sequestration products based on direct high-frequency measurement of GHGs. Such products, which demonstrate net emission reduction and can be linked to observable changes in the biosphere, will be offered for sale by PEM at a range of prices to individuals, corporations, and institutions worldwide.
The PEM approach may also address the importance and uniqueness of Indigenous Peoples and their land rights, and their role in the management of GHG emissions and climate change by providing them with direct access to climate change finance through an approach similar to that undertaken for DRC forests.
*Planetary Emissions Management Inc. is contemplating an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offering to buy the securities can be accepted and no part of the purchase price can be received until the offering statement, filed by the company with the Securities and Exchange Commission (“SEC”), has been qualified by the SEC. Any such offer may be withdrawn or revoked without obligation or commitment of any kind, at any time before notice of its acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.