BlueGrace Energy Bolivia, in collaboration with DevvStream Holdings Inc., and Fico Bank Ltda., is thrilled to unveil an exciting initiative that promises to redefine environmental conservation and clean energy transition in Bolivia. This visionary partnership is driven by a shared commitment to preserving the precious Amazon rainforest and fostering sustainable energy practices while making a positive impact on local communities.
DevvStream Holdings Inc. (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0), a prominent carbon credit project development and generation company specializing in technology solutions, has entered into a memorandum of understanding (MOU) with Bluegrace Energy Bolivia (Bluegrace). This MOU designates DevvStream as the exclusive carbon credit manager for an ambitious Amazon rainforest protection project spanning 8.3 million hectares in Bolivia. DevvStream will oversee carbon credit management services and will receive a portion of the resulting credits.
Carbon credit projects in forests often struggle with strict standards. DevvStream plans to use advanced tech like AI and satellite imaging for precise carbon credit quantification. The project is firmly committed to advancing reforestation efforts and enhancing the operational and technical capabilities of the Forest Indigenous Fire Department. It also extends its support to social initiatives benefiting indigenous communities, encompassing areas such as infrastructure development, education, water treatment, healthcare, sustainable agriculture, and transportation.
Foreign Investment Company S/A (FICO S/A), established in 2008 in Panama with a branch in Brazil, has consistently demonstrated innovation in the realm of financial services tied to climate finance. They play a pivotal role in assisting Bluegrace Energy Bolivia in achieving the United Nations Sustainable Development Goals (UN SDGs). FICO S/A is an active member of the Task Force on Climate-related Financial Disclosures (TCFD) and will serve as a custodial and settlement hub for all transactions associated with the Sustainable Development Goals (SDG) Bonds within this project.
The exceptional land use in Natural Areas, as part of this MDS project, “Natural Capital-Based,” utilizing the IFC – Infinite Forest Carbon methodology applied to the Natural Area Forest, automatically adheres to the principles of Social, Environmental, and Sustainability. By having no emissions, it promotes the capture and accumulation of ‘tGEI.eCN’ assets, totaling 3,163,960,000.00 metric tons, successfully achieving SDG Goal 13. This directly contributes to emissions reduction through permanent compensation for CMNUCC control and can also be declared as SDG Goal 13, as suggested by the United Nations.
A Vision for a Greener Future
At the heart of BlueGrace Energy Bolivia’s mission is the conservation of 8.3 million hectares of Bolivia’s Amazon rainforest. This endeavor marks a significant step towards setting new standards for responsible environmental stewardship and sustainable energy development in South America.
A Harmony of Conservation and Progress
BlueGrace Energy Bolivia bridges the gap between environmental conservation and economic development. The company’s core focus lies in championing sustainable development goals, with a strong emphasis on the transition to clean energy. Collaborating with DevvStream, a leading name in carbon credit project development, BlueGrace Energy Bolivia is poised to make a substantial impact on the environment.
Revolutionizing Carbon Credit Generation
In a departure from traditional methods, the project leverages advanced technology, including artificial intelligence, machine learning, and satellite imaging, to accurately quantify carbon credits. This innovative approach ensures a more precise measurement of environmental impact.
Community-Centric Initiatives
Beyond safeguarding the rainforest, the project also prioritizes the well-being of indigenous and farming communities living within its boundaries. The aim is to channel resources into social initiatives, including infrastructure development, education, water treatment, healthcare, sustainable agriculture, transportation, and more.
Our Vision
BlueGrace Energy Bolivia, DevvStream, and FICO Bank Ltda. are committed to leading the way in environmental conservation in South America, utilizing Carbon Credits to drive clean energy, responsible mining, and the preservation of Bolivia’s Amazon rainforest.
A Changing Landscape
The environmental conservation and clean energy sector in Bolivia is undergoing a profound transformation, with increasing demand for sustainable practices and responsible resource management. BlueGrace Energy Bolivia’s unique approach positions it as a trailblazer in this evolving landscape.
A New Standard
While other conservation organizations exist, BlueGrace Energy Bolivia distinguishes itself through its dual focus on environmental preservation and clean energy transition. The company’s collaboration with local communities and organizations provides it with a distinct edge.
Our Offerings
BlueGrace Energy Bolivia offers a range of services and programs, including environmental conservation initiatives, reforestation projects, social programs for indigenous communities, and advocacy for clean energy research and development.
Our Commitment
Our commitment is to conserve Bolivia’s forests, promote clean energy, and ensure responsible mining practices. We offer a holistic approach that integrates environmental protection, clean energy transition, and community empowerment.
Join Us
BlueGrace Energy Bolivia and DevvStream invite you to be a part of this transformative journey towards a greener, more sustainable future for Bolivia and the world.
