EMS Forest
Elizabeth Metis Settlement Forest Carbon Project
40.5% gross revenue royalty on the sale of carbon credits from Elizabeth Metis Settlement’s forest project in Alberta
Operator
Elizabeth Metis Settlement, Anew Climate LLC
Location
Alberta, Canada
Stage
Development
Commodity
Emission reduction tonnes (removal) (ACR) or carbon credits under Alberta’s Technology Innovation and Emissions Reduction Regulation system
Terms
40.5% Gross Revenue Royalty from Elizabeth Metis Settlement’s carbon credit revenue share
The Royalty has a term of the earlier of: 1) 10 years commencing on the date Elizabeth Metis Settlement receives any gross revenue from the monetization of carbon credits, or 2) the date hereof until the first 225,000 carbon credits are issued and sold in connection with the Elizabeth Metis Settlement Forest Carbon Project.
Purchase Price
C$900,000

Asset Description
- Development of the EMS Forest Project is being contemplated under either the American Carbon Registry (ACR) for voluntary carbon market uses or under Alberta’s Technology Innovation and Emissions Reduction Regulation system targeting Albertan regulated emitters.
- Reforestation and the conservation of the boreal forest through improved forest management practices are creating carbon offsets through the combination of trees not being logged and their subsequent absorption of atmospheric CO2 through photosynthesis and sequestration of CO2 into their biomass.
- Anew Climate, North America’s largest developer and marketer of carbon credits, is undertaking Elizabeth Metis Settlement project development.
- The Elizabeth Metis Settlement Forest Carbon Project covers a forested area of 15,457 hectares and has the potential to sequester significant amounts of CO2 per year.
- The future financial benefits derived from the monetization of these carbon credits, net of expenses, will be split with the majority going to Elizabeth Metis Settlement and the remainder to Green Star Royalties.
