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ITOCO Launches Its Nopal Cactus Carbon Capture Program in Portugal Through a Joint Venture with LATINCHOICE-UNIPESSOAL LDA
ITOCO Launches Its Nopal Cactus Carbon Capture Program in Portugal Through a Joint Venture with LATINCHOICE-UNIPESSOAL LDA.
About this update from Itoco Inc
[{"type":"text","content":"TORONTO, ON / ACCESSWIRE / November 18, 2021 / ITOCO INC. (OTC PINK:ITMC) ITOCO is pleased to announce it has selected LATINCHOICE - UNIPESSOAL LDA. in Portugal to Joint Venture as it expands its Nopal Cactus Carbon Capture Program internationally.The ITOCO Nopal Cactus Carbon Capture Program has been developed with great success in Mexico.The program captures Carbon from the atmosphere permanently via the Nopal Cactus, while at the same time being a highly beneficial cash crop. Additionally, introducing the Cactus into arid landscapes strategically can help in successfully re-establishing trees, grasses, and other plants to an otherwise barren landscape.Itoco recently spoke about these initiatives at COP 26, the annual United Nations Climate Change Conference just held at Glasgow, UK.Europe is aggressively implementing Carbon reduction programs and ITOCO is introducing its unique Carbon Capture initiative as an additional natural source of carbon capture (reduction) that can also service to rehabilitate arid areas of the continent.The ITOCO Nopal Cactus Program has already been proven with thousands of Hectares under management with the support of the Government of Mexico. Mexico has endorsed the Paris Agreement adopted at the twenty-first session of the Conference of the Parties ("COP") to the United Nation Framework Convention on Climate Change ("UNDCC") and is taking action to mitigate its Green House Gas ("GHG") emissions in accordance with the Land Use Protocol of the United Nations (LULUCF), by 2030.The ITOCO Program in Mexico has demonstrated Nopal Cactus farming innovations that leverages the cacti's superb adaptation to dry and arid landscapes, which include fixing carbon dioxide at night and closing the spores (stomata) during the day, thus earning producers carbon credits at an accelerated pace in under twelve months.Nopal Cactus is able to trap up to 30 tons of carbon dioxide per hectare per year.The Cactus is also able to offer strong vegetative cover against erosion or desertification while being able to tolerate a wide range of temperatures and to thrive in water limited environments. As is characterized by a wide-spreading fibrous roots system allowing it to access surface water and its succulent stems and pads store large quantities of water per hectare. These can be obtained by fa...