Carbon Offset - Feb 09

8/14/2019 Carbon Offset - Feb 09

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Make an environmentally and financially responsible investment

Offset your CO2for a fraction of the price of buying credits

Carbon Offset

Reforestation Project


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Index

Overview........................................................................................................................................................................3

Investment summary.....................................................................................................................................................3

Project summary............................................................................................................................................................3

Who we are....................................................................................................................................................................3

What is a carbon offset credit?......................................................................................................................................4

Investment details..........................................................................................................................................................4

Why our investment is secure........................................................................................................................................5

Your investment return..................................................................................................................................................7

Current carbon offset prices..........................................................................................................................................8

Carbon offset market growth.........................................................................................................................................9

Carbon offset market projection.....................................................................................................................................9

How to sell your credits................................................................................................................................................10

How to make your returns............................................................................................................................................10

Project details..............................................................................................................................................................11

The greenhouse effect and carbon dioxide.................................................................................................................13

Biodiversity...................................................................................................................................................................14

Our partners.................................................................................................................................................................15

Frequently asked questions.........................................................................................................................................16

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Overview

Our partner is giving private investors and corporations the opportunity to

become a direct part of an environmental project yielding high financial returns,or low priced offset credits. This is a unique chance to grow your own credits

whether you prefer to use them to offset your carbon footprint or to sell them for

a high return on investment. Either way, your input will help save the Costa

Rican rainforest and the animals that live in it, as well as contributing to the fight

against climate change: The perfect green investment is finally here.

Investment summary

Invest US$12,000 (excl. closing costs, see page 5), receive a minimum

projected return of 15% per year for 50 years. In the first year we even

guarantee an 8% minimum return.

Prices start at US$12,000 (excl. closing costs, see page 5) for one unit of land

(5,000 m2) which currently produces 200 carbon offset credits per year. These

are sold for a market value of US$10 each, giving you an initial annual return of

US$2,000 per unit. The credit prices are expected to increase steadily according

to market trends, thus your annual return could increase every year to a

projected US$2M by the end of the lease (please see Your Investment Return

on page 7).

Project summary

The project is based in the Costa Rican rainforest, a location of great biodiversity and

political stability. The main activities of the project are: prevention of deforestation

through the purchase and conservation of rainforest land, as well as reforestation by

planting trees in adjacent farmland. These two activities are independently monitored

by quantification and verification companies, and carbon offset credits are allocated

to the project at the rate of approximately 200 credits per unit of land. These credits

are sold to the voluntary carbon market which is increasing steadily every year.

Mr. Redshaw, head of environmental markets at Barclays Capital

Carbon will be the world's biggest commodity market, and it could

become the world's biggest market over all

Who we are

We are a fully incorporated Costa Rican Company under European

management. We have 16 years of experience in forestry in Costa Rica as well

as a strong business background. We work closely with lawyers, environmental

experts and accreditation agencies to ensure our product is in accordance withall legal and environmental guidelines. Primarily a conservation company, we

have released a part of our project in order to facilitate expansion and further

environmental work in the rainforest.

- 3 -

Deforestation is

responsible for 20-25%

of global carbon

emissions, by the

burning and cutting of

about 34 million acres

of trees each year

(Source: NASA)

Our on-site team are

responsible for the

project development

and its social impact

factors.


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What is a carbon offset credit?

Individuals and organisations produce CO2 gases through their daily activities

such as air and car travel, burning of fossil fuels for energy etc. Trees andplants in the rainforest, on the other hand, absorb CO2 gases. Every ton of

CO2 absorbed by the rainforest is equal to one carbon offset credit. People

buy offset credits to neutralise the CO2 emissions they create in their every

day lives.

The amount of CO2 produced by an individual, couple, family or company is

called a Carbon footprint and the number of carbon offset credits required to

neutralise one's footprint depends on its size- the bigger the footprint, the more

credits are required to offset it. Offsetting one's entire footprint is known as

becoming carbon neutral.

Carbon Offset credits have become a very popular product as society isbecoming increasingly aware of the dangers of climate change and the

damage we are causing to our planet with our carbon emissions. Companies

also are publicly reducing their carbon emissions and offsetting the rest, as

they are acutely aware of the business advantages of becoming carbon

neutral.

Carbonpassport.com

64 per cent of consumers are more likely to use a business that claims

to have a low carbon footprint

Forestation is particularly relevant to the activity of CO2 offsetting because

plants physically remove carbon dioxide from the atmosphere. Whilst there are

arguments for the importance of the development of renewable energy,

rainforests are essential to the immediate removal of dangerous CO2 gases

from the air.

Investment details

Key points

Low investment amount from just US$12,000 (excl. closing costs*)

* Closing costs of US$600 +1%, plus US$190 AML fees if applicable

Finance available for 1 year (please contact us for details)

Guaranteed 8% return in first year

Projected upwards of 15% return in subsequent years

Fully accredited and verified project

Credit prices expected to rise by 10% per year

50 year lease Land lease held by Citadel Trustees in the United Kingdom

- 4 -

The...disruption of the

Earths climate by

manmade greenhouse

gases is already well

beyond dangerous

John P Holdren, Harvard

University

"Saving forests is

critical for tackling

climate change. Without

action on deforestation,

avoiding the worst

impacts of climate

change will be next to

impossible

Johan Eliasch


5/16

Why our investment is secure

We have gone to great lengths to ensure the absolute security of your

investment in our project. If you wish to see any of the supporting documentsfor the information below, please request them from our customer services

department who will be happy to send them to you.

Land is held in Trust with a UK Trustee - Citadel Trustees of Camberley,

Surrey, holds a lease over the land, which is registered in the Costa Rican

Land Registry through a non-trading UK subsidiary company. This registered

lease is held in trust for you, the Purchaser, and secures the land for the

duration of the project, ring fencing it against third party risks and securing your

rights to the carbon offset credits your land unit produces. In addition, an

individual Lease Assignment Agreement, evidencing your ownership, will be

issued in your name by the Trustee. Finally, the carbon credits produced by the

land need to be quantified every five years, therefore, the estimated cost of

obtaining the quantification, for the full period of your ownership, will be

deposited with the Trustee from day one. This is your guarantee that your land

will continue to be quantified in the future.

Low investment amount from just US$12000 (excl. closing costs*) - Many

investment products require a minimum investment of several hundred

thousand dollars. We believe that everyone should be able to benefit from a

great investment opportunity.

Guaranteed 8% return in the first year - We are so confident of selling all

your credits from the offset that we will personally guarantee a return of 8% in

the first year (not applicable if you are selling your own credits).

You are investing in a rapidly growing market - In today's financial climate

few markets are growing, but ours is a product that is booming even during a

worldwide recession.

Chris Morrison, Blue SourceSeveral companies who are heavily involved in the major stock

exchanges are betting that carbon offsets will become the next big

trading opportunity

We do not accept monies- Once you have signed the application form you

will be contacted to transfer the investment sum into the Trustee's escrow

account. Only once the Lease Assignment Agreement has been signed by

both parties will the Trustee transfer the funds to Our partner S.A. in Costa

Rica.

Costa Rica is a politically safe country- Costa Rica is one of the most stableand peaceful countries in the world. In 1987 The Nobel Peace Prize was won

by the Costa Rican president Oscar Arias Snchez. In 1948, the country chose

to abolish its army in order to fund better education and healthcare creating a

high literacy rate. The country has had at least fifty-nine years of uninterrupted

democracy, making it one of the most stable countries in the region.

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Ethical or sociallyresponsible investment

(SRI) is one of the most

rapidly growing areas of

finance

(Source: Sparkes, Russell)

The battle against

climate change cannot

be won without theworld's forests-this is

now clear.

UN Secretary-General Ban

Ki-moon


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Costa Rica is a highly active member of the Organization of American States

and the United Nations. The Inter-American Court of Human Rights and the

United Nations University of Peace are based in Costa Rica and Costa Rica is

a member of the International Criminal Court, with a Bilateral Immunity

Agreement of protection from the US-military.

Costa Rica is the ideal environment for the project- Costa Rica is a true

pioneer in the fight against Global Warming and the carbon offset market. In

1996 Costa Rica was one of the first countries to sell Carbon Credits: In an

unprecedented transaction, Costa Rica sold its first 200,000 tons of carbon

emission reduction credits to Norway for US$10 per ton.

A massive 30% of the country consists of protected nature reserves and the

Costa Rican government has announced its intention of becoming the world's

first carbon neutral country by 2021.

Costa Rica is a small country occupying just 0.001% of the planet's surface,

and yet it is home to between 7% and 8% of the planet's biodiversity. The list of

endangered species that can be found in Costa Rica include the Macaw,

golden toad, Puma and Jaguar, to name but a few.

The Costa Rican government itself runs similar projects- Costa Rica is a

leader within Latin American countries in the development of reforestation,

forest conservation, and sustainable forest management activities. In this

process of developing and selling carbon offset credits, a considerable amount

of experience has been achieved. The Costa Rican government body, MINAE,

is currently involved in similar projects to ours, thus you will be investing in anincentive which runs parallel to that of the government itself. A letter of

recommendation written by MINAE is available upon request.

The project is subject to regular monitoring by 3rd parties- The project is

independently quantified by Bioeco (please see partners section) every five

years. The global standards: Voluntary Carbon Standard (VCS) and the

Climate, Community and Biodiversity Standard (CCBS) are being employed for

the project, these are two of the most recognised official project standards in

the world. We have a Costa Rican legal firm overseeing the project and an

optional independent company, to oversees the security of the area. For yourprotection the UK based Trustee, Citadel Trustees, will actually hold a

registered lease on the land.

The land itself is safe- The rainforest is moist all year round which makes it

insusceptible to fire, and the project is an area which is not prone to

hurricanes, volcanic eruptions or earthquakes. Additionally, although rainforest,

almost by definition, requires little or no management, a local independent

company can be appointed at no extra cost to yourself to ensure security

against poachers and illegal loggers.

We put our money where our mouth is - By opening up our project to

independent investment, we are merely asking you to invest in something in

which we ourselves have already invested. We stand beside you as a part of

this project, not as vendors but as equal participators.

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There is a growingdemand for.. .carbon

assets that promote...

development and

poverty reduction

in...the world's poorest

nations".

James Murray

Our project is regularly

monitored by 3rdparty

environmental experts


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Your investment return

Table shows credits production, annual return with 7.5% price increase

and annual return with 10% price increase. Figures are in US$:

Table showing annual credit production and subsequent cost per credit.

- 7 -

Credits Production Credit return with 7,5% price increase Credit return with 10% price increase

year

producedcredits

CreditPrice

AnnualIncome

CreditPrice

AnnualIncome

Percentagereturn

1 200 20 180 $10.00 $1,800.00 $1,800.00 $10.00 $1,800.00 $1,800.00 15.00%

2 200 20 180 $10.75 $1,935.00 $3,735.00 $11.00 $1,980.00 $3,780.00 16.50%

3 200 20 180 $11.56 $2,080.13 $5,815.13 $12.10 $2,178.00 $5,958.00 18.15%4 200 20 180 $12.42 $2,236.13 $8,051.26 $13.31 $2,395.80 $8,353.80 19.97%

5 200 20 180 $13.35 $2,403.84 $10,455.10 $14.64 $2,635.38 $10,989.18 21.96%

10 200 20 180 $19.17 $3,451.03 $25,464.76 $23.58 $4,244.31 $28,687.36 35.37%

15 200 20 180 $27.52 $4,954.40 $47,013.06 $37.97 $6,835.50 $57,190.47 56.96%

20 200 20 180 $39.51 $7,112.68 $77,948.43 $61.16 $11,008.64 $103,095.00 91.74%

21 200 20 180 $42.48 $7,646.13 $85,594.56 $67.27 $12,109.50 $115,204.50 100.91%

25 200 20 180 $56.73 $10,211.17 $122,360.15 $98.50 $17,729.52 $177,024.71 147.75%

30 200 20 180 $81.44 $14,659.46 $186,118.92 $158.63 $28,553.57 $296,089.24 237.95%

35 200 20 180 $116.92 $21,045.55 $277,652.89 $255.48 $45,985.81 $487,843.86 383.22%

40 200 20 180 $167.85 $30,213.61 $409,061.74 $411.45 $74,060.60 $796,666.60 617.17%

45 200 20 180 $240.98 $43,375.54 $597,716.13 $662.64 $119,275.34 $1,294,028.71 993.96%

50 200 20 180 $345.95 $62,271.20 $868,553.90 $1,067.19 $192,094.12 $2,095,035.35 1600.78%

10%Credit

deductionCare

andmanagement

Cost

netproduced

credits

Cumulative

Income

Cumulative

Income

Credits Production Credit Cost price

year

producedcredits

1 200 20 180 180 $66.67

2 200 20 180 360 $33.33

3 200 20 180 540 $22.22

4 200 20 180 720 $16.67

5 200 20 180 900 $13.33

10 200 20 180 1800 $6.67

15 200 20 180 2700 $4.44

20 200 20 180 3600 $3.33

25 200 20 180 4500 $2.67

30 200 20 180 5400 $2.22

35 200 20 180 6300 $1.90

40 200 20 180 7200 $1.67

45 200 20 180 8100 $1.48

50 200 20 180 9000 $1.33

10%Credit

deductionCare

a

ndmanagement

Cost

netproduced

credits

CumulativeNet

C

reditProduction

C

umulativeCredit

Price


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Current carbon offset prices

Source: EcoBusinessLinks.com

Carbon Offset Provider Price (US$ / Metric Ton CO2) Project Types Offset Types

AtmosClear Climate Club USA $5.40 - $25.00 Methane Car, Home

Carbonfund.org USA $10,00 Renewables, Efficiency,

Reforestation

Home, Car, Air, Events, Business

Carbon Footprint Offsetters

Canada

$10.00 (CER's) Renewables Personal, Business

LiveNeutral.org USA $12,00 Efficiency Car

The CarbonNeutral Company UK $12.64 (USA)

7.50 (UK VAT incl.)

Renewables, Efficiency,

Reforestation, Methane

Car, Air, Events, Business,

Deliveries, + many others

Terrapass USA $13,12 Renewables, Methane Car, Home, Air, Events, Business

ClearSky Climate Solutions USA $15,00 Forestry/reforestation, Methane Personal, Car, Air, Custompackages for businesses, events

and organizations

Standard Carbon USA $15,00 Methane, Efficiency, Renewables,

Carbon Sequestration

Car, Air, Sea, Events, Political

Campaigns

Sustainable Travel International

US, Switzerland

$15,25 Renewables Air, Car, Home, Hotel

Climate Friendly Australia $16.00 - $19.00 Renewables Home, Car, Air, Business

Enviro Friendly Australia $19,00 Efficiency, Reforestation Home, Vehicle, Personal, Travel,

Event, Business

Uncook the Planet Australia $19,45 Efficiency Air, Car, Home, Business

Bonneville EnvironmentalFoundation USA $29,00 Renewables Home, Air, Business, Event

Myclimate Switzerland $33.00 - $99.00 Renewables Air, Events, Business

Clear UK 17.95 Various, depending on CDM offset

projects

Car, Air, Motorbike Home,

Commute, Business

Carbon Passport UK 19.75 Renewables, Methane Home, Air, Car, Business

Global Cool UK 20.00 Renewables, Efficiency n/a

3Degrees USA $17,00 Methane, Renewables, Sustainable

Forest Management

Home, Car, Air

Bleau Ventures Carbon Offset UK $24.00 - $28.00 Efficiency, Reneable energy stove

programmes

Life, Air, Business, Travel, or on

request

Cleaner Climate UK & Australia $15.00 - $18.00 Renewables, Efficiency Air, Car, Home, Business

a: Atmos Clear - Low price for 25 Ton option at $135

1. Offset Types: There are hundreds of potential offset types. We have limited our survey to just the most common.

2. Verification: "n/a" means we were unable to determine a third-party verification body. The projects may, however, be verified.

3. Choice: refers to whether customers may choose between project types and/or specific projects.

4. Price: prices change and exchange rates fluctuate. The data listed was first gathered from the respective websites July 21, 2006

5. Other offset providers may exist. This survey provides a cross section of the industry, projects may be added or removed over time.

6. Some information may be incomplete or has changed. We welcome updates.

* Please make sure that additionality is offered by the offsetting projects. CCX and certainly some others as well do not guarantee this.

- 8 -


9/16

Carbon offset market growth

Source: Ecosystem Marketplace, New Carbon Finance, World Bank

Carbon offset market projection

Source: Ecosystem Marketplace, New Carbon Finance, World Bank

- 9 -

MarketsVolume (MtCO2e) Value(US$ million)

2006 2007 2006 2007

Voluntary OTC Market 14 42 59 258CCX 10 23 38 72

Total Voluntary Markets 25 65 97 331

EU ETS 1,044 2,061 24,436 50,097

Primary CDM 537 551 5,804 7,426

Secondary CDM 25 240 445 5,451

Joint Implementation 16 41 141 499

New South Wales 20 25 225 224

Total Regulated Markets 1,642 2,918 31,051 63,697

Total Global Market 1,667 2,983 31,148 64,028


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How to sell your credits

If you are choosing to sell your credits rather than using them to offset your

own carbon emissions, or if you have surplus credits after your own offsetting,you can sell your credits in the following ways:

Sell your credits yourself: Your credits will be registered annually in your name

with an official carbon registry, to allow you to transfer or retire them yourself.

There will be a 5% management fee to cover the cost of registration, fees and

admin costs.

Sell your credits via a Management Company: A Management Company

appointed to sell your credits has existing relationships with credit brokers and

bulk buyers to ensure all the project credits are sold every year. This is the

most popular option as it is the easiest and most secure way to make sure your

credits are sold. They charge a 5% management fee and additional 5% salescommission to cover associated management and credit sale costs

respectively.

How to make your returns

You will own the Carbon Offset Credits produced by your land and, if you

choose to appoint it and it accepts your appointment, the Management

Company will sell them for you. The Management Company will pay you the

return from your credit sales, once the credits are sold. This often happens in

advance and, in case of the Carbon Offset Credits being sold for 3 years in

advance, you will receive the full amount at that moment.* This will be paid toyou as a cost to the Management Company, as the Management Company will

be buying the Carbon Offset Credits from you to sell on.** This ensures a tax

free transaction.***

* IMPORTANT NOTE: You will NOT be able to sell your unit on during the period for

which you have already received returns.

** An invoice will be raised from you to the Management Company for inclusion in

their accounts.

*** It is then up to you to include this income on your income tax return according to

the laws of your country of residence. We are in no way advising you to commit tax

evasion.

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...Corporations... have come to see climate-change mitigation

and adaptation not only as necessities but as opportunities.

John P. Holdren, Harvard University

All the big global

investment banks are

hurrying into carbon

finance.

(Source: Fortune Magazine)


11/16

Project details

We buy primary and secondary rainforest from private owners in Costa Rica.

Agricultural land is in high demand in the country and, despite theenvironmental sensibilities that instinctively exist in the Costa Rican people, the

high price tags of their land creates the temptation of selling it to be cut down.

We buy this land at a fair price, not exploiting the local people, and give them

the opportunity to make money without having to sacrifice the beautiful

rainforest they are so proud of. If they are inhabitants of the land, we allow

them to stay there, often finding employment for them within our reforestation

initiative. Socioeconomic factors are at the core of the project with various

initiatives and activities being launched and planned. (please ask us for details)

We contract 3rd party forestry engineers and environmental scientists to

perform fieldwork measuring the biomass of the rainforest and the levels of

CO2 absorbed by the vegetation. Experts are contracted to advise on the type

of plant life that is most likely to generate as many carbon credits as possible

whilst also mimicking the natural rainforest to create an extension of the real

forest, not just a quick and inappropriate carbon basin.

The project design and methodologies adopted are taken from the Voluntary

Carbon Standard authority (VCS) in Geneva and the Climate, Community,

Biodiversity Alliance (CCBA) for the relevant project activities. All credits

produced are registered in an official global carbon registry. These measures

ensure that the product is authentic and that credits cannot be double-sold.

If, rather than doing it yourself or through another agent, you appoint the

Management Company we recommend and it accepts your appointment, the

Management Company will market the credits for sale on your behalf, will issue

certificates of ownership and will create any marketing materials you may

require for your business or personal portfolio.

Additional activities include hosting guided trips to see the project,

environmental research and educational initiatives.

- -

ProcedureJoining our project could not be easier:

Complete our Application Form and return it to us byfax or email with a copy of your proof of ID.

Transfer the purchase amount to the escrow accountof Citadel Trustees. The completed LeaseAssignment Agreement (LAA) and ManagementAgreement will be sent to you.

You send the signed LA A and ManagementAgreement back to us.

We send the LAA to the trustee and only then willmonies be released by the trustee.

You receive a complete investor pack includingwatermarked certificate and your copy of the signedLAA.

You receive the Carbon Offset Credits annually.

Foreign MinisterBruno Stagno-Ugarteof Costa Rica

For Costa Rica to be successful

towards our goal of carbon

neutrality by 2021, we will require

international support to scale-up

our efforts to conserve existing

forests and increase reforestation

and restoration activities. Only

through an integrated approach to

forestry, can we push back the

effects of climate change. Today we

have a historical opportunity to

make things right and correct the

mistakes of the past."

Only a quarter of theoriginal forest cover in

Costa Rica is still

standing.

(source:

VivaCostaRica.com)


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Global warming

Scientist have recently discovered that the Earth's temperatures is rising at an

alarming rate: If we see a further 3 degree rise in temperature, we will be at thepoint of no return. This temperature rise is commonly known as global

warming.

NASA

Because of rapid warming trend over the past 30 years, the Earth is

now reaching and passing through the warmest levels seen in the last

12,000 years

Print resolution still ofglobal temperature

anomalies averaged

from 1880 to 1884.

(source:http://svs.gsfc.n

asa.gov/vis/a000000/a0

03300/a003375/)

Global temperatureanomalies averaged

from 2002 to 2006.

(source:http://svs.gsfc.n

asa.gov/vis/a000000/a0

03300/a003375/)


The ongoing disruption of the Earth's climate by manmade greenhouse

gases is already well beyond dangerous and is careening toward

completerly unmanageable

- 12 -

"UNEP, ecologists and

the scientific community

have long argued that

forests are...worth

billions if not trillions of

dollars if only we can

capture these in the

economic models".

UN Under Secretary-General

"According to the IPCC

avoided deforestation

would cut emissions by

up to 25 per cent, while

almost every economic

analysis of climate

change shows it is one

of the most important

actions we can take"

Abyd Karmali, global head

of Carbon Emissions at

Merrill Lynch


13/16

The greenhouse effect and carbon dioxide

The main contributor towards global warming is known as the Greenhouse

Effect: Atmospheric gases known as Greenhouse Gases (or GHGs) form alayer around the Earth which radiates heat and keeps our planet at a habitable

temperature. However, the recent increase in these gases has caused excess

heat to be trapped in the atmosphere and is taking the surface temperature of

the planet to higher levels than we can stand. If the greenhouse gases in the

atmosphere are not reduced immediately, the Earth's temperature will continue

to rise with catastrophic consequences. We are already beginning to see the

effects of such global warming.


Changes in monsoon patterns are unleashing floods and droughts andhurting agricultural productivity in China and India

The most abundant of greenhouse gases is Carbon Dioxide which is released

by human activity on a gargantuan scale. If our CO2 emissions are not

reduced significantly and immediately, the planet as we know it will be a thing

of the past.


Changes in monsoon patterns are unleashing floods and droughts andhurting agricultural productivity in China and India

James Hansen, director of the NASA Goddard Institute for Space Studies

If humanity wishes to preserve a planet similar to that on which

civilization developed and to which life on Earth is adapted, CO2 will

need to be reduced from its current 385 ppm [part per million] to at most

350ppm

Deforestation accounts for more carbon emissions than all the planes, trainsand cars on Earth (source: Karen Foerstel, the nature conservancy ) so it is

essential that these forests are saved by supporting projects such as ours.

Bill Stanley, Global Climate Change Initiative, The Nature Conservancy

Deforestation accounts for roughly 20 percent of global carbon

emissions and more than 30 percent of emissions from developing

countries. Halting deforestation over the next 50 years would protect

important habitat while also providing around 15 percent of the carbon-

emissions reductions needed to stabilize global temperatures

- 13 -

If humanity wishes to

preserve a planet

similar to that... to which

life on Earth is adapted,

CO2 will need to be

reduced form its current

385 ppm [part per

million] to at most

350ppm

(Source: NASA)


14/16

Biodiversity

Biodiversity is the variety of life on the planet, from micro-organisms to blue

whales, along with the plant habitats they depend upon for survival.Biodiversity is a basic part of the Earth's life support system. It supports

fundamental natural services for people and animals such as fresh water,

fertile soil and clean air. Habitat loss is considered to be the main cause of

current biodiversity loss. Clearance of native vegetation for agriculture, timber

and industry destroys these habitats and all the animals living in them.

Costa Rica is home to between 7% and 8% of the planet's biodiversity. If

Earth's creatures are to be saved, we must first save the habitats where they

exist in most abundance.

Mike Hoffman, Conservation International

We believe everything can be saved. It's about where you go first. If we

fail in the hotspots, half of biodiversity is gone. Finished.

Measuring the variety of nature & selecting priority areas for conservation.

GLOBAL BIODIVERSITY VALUE: a map showing the distribution of some of

the most highly valued terrestrial biodiversity world-wide (mammals, reptiles,

amphibians and seed plants), using family-level data for equal-area grid cells

(ref 10), with red for high biodiversity and blue for low biodiversity.

Source: Biogeography & Conservation Lab

The Natural History Museum

- 14 -

By 2050 between 15

and 37 percent of the

species on Earth might

me committed to

extinction as a result of

climate change alone

(Source: Conservation

International)

The war (on climate

change) is about to

happen. It has to

happen.

(Source: Zerofootprint )


15/16

Our partners

Rachel Spring

Legal Services

[email protected]

www.citadeltrustees.com

Citadel Trustees Limited, was formed to provide specialised

trustee services in a variety of areas such as stakeholder

activities, conveyancing services, shared ownership, private

residence clubs and probate administration.

Citadel Trustee St Limited has been formed specifically to act as

Trustee for the Carbon Offset Reforestation project.

Citadel's highly experienced team has been providing trustee

and stakeholder services to the leisure and real estate industriesfor more than 25 years, handling in excess of 65 million/$130

million of client funds annually.

Citadels Head Office is based in Camberley, Surrey, United

Kingdom and the company has branch offices, or associated

companies in Spain, India, Thailand and China from which it

services its international client base.

Frank Vranken

Director

[email protected]

www.ecomanagementservices.org

Eco Management LLC is the Management Company that we

recommend to you to use, although it has to agree to act as your

agent. Eco Management LLC is a Costa Rican based company,

specialising in forestry, reforestation, plantation setup,

management and agricultural activities, established in 1994.

The company consists of a dedicated team of in-field, forestry

engineers and agronomists for field work and the important plant

monitoring system, with experience in Costa Rica and Central

America. Their staff is a colourful team of Costa Ricans and

Europeans with varied and in-depth experience of Central

American land, soil, plant species, cultivation, security and forest

management.

In those units for which it has accepted appointment as manager

by investors, Eco Management LLC will be responsible for the

management and security of the existing rainforest belonging to

the Carbon Offset Forestation Project, as well as the re-

forestation side of the project which requires their considerable

expertise.

Guido Snchez

Legal Department

[email protected]

www.icstax.com

Founded in 1993, ICS is recognized as a highly experienced firm

of lawyers, tax advisors and accountants with an impressive

client portfolio. They are based in San Jos, Costa Rica and are

members of Tax & Labor, a law firms' alliance of labor and tax

attorneys, experts on a Central American level with the aim of

supporting regional business of local clients from the associated

firms. Also members of CPA Associates International, Inc.

(CPAAI), a reputable association of independent accounting

firms with members worldwide, ICS have the resources to assistyou with any additional tax or legal advice or assistance you

may require.

They have been involved in the structuring of the Carbon Offset

Forestation Project, creating the most tax efficient and legally

secure system for our customers. ICS have performed a legal

assessment of the Carbon Offset Forestation Project in Costa

Rica and find it to be in perfect order, locally and internationally.

A member of the ICS's fully qualified legal team will be in charge

of constructing and overseeing your lease contract, and will

charge a set rate of $200 USD for this service.

Meir Ary Kiersemblat

Director

[email protected]

www.bioeco.com

A Costa Rican firm specializing in environmental services

including environmental management, and specializing in

Carbon offset measurement and accreditation. Their highly

experienced team of scientists and forest engineers will perform

the measurements required to establish the carbon uptake of theland and monitor any changes.

They will certify the carbon credits produced by the rainforest

vegetation and will provide advisory services for the

reforestation activities of the project to maximize the amount of

carbon offset credits produced.

Juan Miguel Velasco

Senior Partner

[email protected]

www.vbabogados.com

An established and reputable firm of lawyers based in Spain, they specialize in property law with

considerable experience in the international sector.

VB Abogados have performed due diligence on the Carbon Offset Forestation Project and have beenin contact with local authorities, organizations and companies in order to do so, in their native

language of Spanish.

Their fully qualified legal team speak Spanish, English and German and are happy to answer any legal

queries regarding Our partner S.A and its projects.

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Frequently asked questions

Q. There have been some concerns raised in the

press about some reforestation and carbon offset

projects, exploiting their position for quick gains/profit Why is this product different?

A. The stories in the press talk of get-rich-quick

schemes of planting fast-growing trees and then cutting

them down, then claiming that this offsets CO2. It

doesn't- the dioxide carbon is released as soon as the

trees are cut down. Other bogus schemes claim to be

reforesting while they plant foreign species in unsuitable

areas because they grow faster than indigenous plants.

We plant only local species and we do not cut the trees

down apart from some essential thinning which benefits

plant growth.

Q. How do I know this project is genuine?

A. We have complete supporting documentation

available to anyone who wishes to see it, we do not

accept monies ourselves; they are held by the Trustee

until the LAA is issued in your name, and if anyone is

still concerned, we can arrange a visit to the project itself

including a tour of the forest and the people involved in

the project. We will pick you up from the airport and can

even help with arranging accommodation and transport.

Furthermore, we will even pay for your trip if you buy 10

units or more.

Q. Why do I get a Lease Assignment Agreement and

not a freehold purchase agreement?

A. According to local law, if we were to sell freehold

land, each and every plot would have to be separated

and registered individually, as well as given road access.

It is physically impossible to build roads in between and

going to every unit of rainforest, and it would of course

destroy the forest if we were to do this. This law does

not apply to a lease transaction.

Q. How do I know that these credits are any good?

A. The credits produced are quantified by qualified

engineers following the IPCC guidelines, are verified by

a globally recognised 3rd party and are of the samestandard and type as the credits sold by the Costa Rican

government itself.

Q. How do I know that the accreditation will be

renewed every 5 years once I have paid my money?

A. Our partner S.A are bound by the LAA to renew the

quantification report. Moreover, funds will be deposited

in a 3rd party escrow account and held aside for this

purpose.

Q. Can I renew my Lease Assignment Agreement at

the end of 50 years?

A. Yes, the lease is renewable by you after 50 years .

The value of the land will be the market rate of the Unit

at the time of renewal and will be priced accordingly.

This valuation will be carried out by a valuer from a bank

in Costa Rica, thus ensuring the value will be

established by an independent third party.

Q. What is my exit strategy?

A. During the investment period, you have the option of

selling on your unit, thus releasing your invested capital.

Our partner intends to grant other leases over other

plots of land for what it hopes will be a considerably

higher sum, therefore you can sell your unit for below

market value whilst still making a profit. With returns

projected at 100% p.a. by year 21, however, it is unlikely

that any of our investors will choose to sell their

investment. If, however, you wish to release your capital

at any point, we can market your investment on your

behalf for a 10% commission on sales price.

Q. What are the risks to my investment?

A. The risks are very low: In the rainforest the climate is

very damp thus there is little or no risk of fire. The land is

safe from theft, squatting or logging and the project is

not in a volcanic or earthquake zone. The political

climate and legal system in Costa Rica are extremely

secure. The credits produced by the land are verified,

numbered and follow the guidelines of international

governing bodies. The land value is increasing steadily

in Costa Rica and unlikely to fall in line with the global

property market. Voluntary market carbon offset credit

sales are rising steadily.

Q. How much do I have to invest to be a part of theproject?

A. The minimum purchase is one unit, which is the

equivalent of approximately 5000m2 and you get a

minimum of 200 Carbon Offset Credits for this. The

current price for a unit is US$ 12,000.

Q. How can the project benefit my business, or

personal portfolio?

A. Aside from the financial gain, being a part of a

genuine environmental project can lend enormous

credibility to your company or organisation; being able to

say you are carbon neutral, helping to save therainforest and protect animal species is a great

marketing tool.

Q. Does the project exploit local land owners?

A. No- we do not underpay land owners, and we allow

them to stay on the land if they have a home there, often

employing them to help with the project.

Q. How do Our partner make their money?

A. We do not sell or lease all the land in our project, we

only release small parts of it in order to raise capital for

further expansion. The land that we still own creates

carbon offset credits which are sold and this is where werecoup our investment.

Documents

Carbon Offset - Feb 09