Carbon Streaming Closes Community Carbon Stream - Seite 2

As detailed in the May 17^th 2022 news release, Community Carbon’s Portfolio is expected to catalyze compounding social and economic benefits, through job creation via local manufacturing, avoided wood and fuel costs, and local tree planting.

The Portfolio comprises seven energy-saving projects: cookstove projects in Mozambique, Uganda and Tanzania, and safe water projects in Malawi, Mozambique, Uganda and Zambia. The roll out is underway in Mozambique, Uganda, Malawi and Tanzania and will continue over the next two years with the expected delivery of 3.5 million fuel-efficient, clean cookstoves and water purification devices to communities across the five countries. The Portfolio has a goal to reduce approximately 50 million tCO₂e emissions over the 15-year life of the Projects and is expected to generate an equivalent number of carbon credits, which will be independently verified under The Gold Standard, and for Tanzania, through Verra.

The generation of carbon credits is expected to commence in calendar year 2023 and ramp up as cookstove and water purification units are distributed. The Portfolio is estimated to generate an average of 3.3 million carbon credits per year, peaking at approximately 6 million carbon credits for vintage 2027. Annual issuances of carbon credits generally occur six to 12 months following the vintage year for which the credits are verified. Carbon Streaming expects payback in less than 5 years based on recent market price trends for cookstove credits.

Under the terms of the Carbon Stream, the responsibilities and rights to marketing the carbon credits generated by the Portfolio will be shared between Carbon Streaming and Community Carbon. A marketing and sales agreement has been entered into by the parties to align such efforts.

About Carbon Streaming

Carbon Streaming is an ESG principled company offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals. Our business model is focused on acquiring, managing and growing a high-quality and diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly or indirectly, with voluntary and/or compliance carbon credits.