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Central African Gold Engages Environmental Consultancy and Cleantech Investment Firm to Advance Carbon Plan
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - Central African Gold Inc ....
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[{"type":"text","content":"Central African Gold Engages Environmental Consultancy and Cleantech Investment Firm to Advance Carbon PlanVancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - Central African Gold Inc. (TSXV: CAGR) (FSE: BC21) (OTC Pink: NDENF) (\"CAGR\" or \"Central African Gold\") is pleased to announce CAGR has engaged two internationally recognized leaders, EcoMetrix and Inerjys Ventures, to advance the implementation of carbon credit and clean energy revenue streams on its vast land positions in the Democratic Republic of Congo (DRC). With the objectives of environmental sustainability, sustainable revenue, and social commitments to domestic employment, it was imperative to both identify the ideal ESG initiatives as well as put together an operational plan that will bring the strategy to life quickly and effectively. EcoMetrix Africa, a sustainability consulting and carbon financing firm, is assessing each potential activity's economic and technical attractiveness, their mitigation, impact, and contribution to the core business activities of CAGR. Additionally, EcoMetrix is evaluating the various Carbon Credit standards that exist today, helping to identify those that best serve the overall ESG strategy and have the regulatory scale to support efforts in the DRC. Each initiative is being evaluated for their Carbon Credit value, environmental and socio-economic impact, and the cost/benefit analysis of their implementation. CAGR will be selecting initiatives using those criteria with the assistance of Inerjys Ventures, who is specialized in structuring and operationalizing cleantech projects so that they are viable, profitable, and measurable in terms of impact.Inerjys Ventures, a cleantech investment firm and green project developer, has been engaged to assist in structuring the CAGR carbon plan (CAP), and implementing an operational plan that involves technology suppliers, off-takers, and funding partners. Inerjys' activity in the cleantech venture space provides CAGR access to breakthrough technologies that are proven in the field but still somewhat unknown to most project developers. The combination of these latest technologies that provide cost efficiency and performance optimization with the right structuring and financial model, will allow CAGR to implement \"ESG as a business\", a secondary revenue stream all while buil...