Analytica Bio-Energy announced today the engagement of Green Giant Venture Fund as part of the Company’s plans to develop and forward sell Carbon Credits.
Green Giant is a leading broker in the global Carbon Credits market. Green Giant Venture Fund will develop these credits and the required documentation for ABEC. Green Giant Venture Fund will also seek to secure multiple forward sale offers of these Credits on behalf of /for ABEC.
"We are very excited to begin what we expect to be a long term, profitable relationship with Green Giant," said Luiz Brasil, President of Analytica Bio-Energy Corp. "Our Carbon Credits present a significant financial opportunity as they can be sold forward or booked as an asset for the company."
ABEC’s anticipated credits qualify under the United Nations Framework Convention on Climate Change (www.unfccc.int) and or VCU credits under the Verified Carbon Standard (www.v-c-s.org).
"Based upon the information provided by Green Giant Venture Fund," said Mr. Wu, Chief Executive Officer. "I believe Analytica Bio-Energy Corp.’s Waste Water Technology will qualify as a Clean Development Mechanism (CDM) as set out in the United Nations Framework Convention on Climate Change, and generate Carbon Credits."