FIRE 2008 SPOTLIGHT COMPANY About FiRe 2008 Spotlight Company EcoVerdance In keeping with the FiRe 2008 focus of "Rapid Response" to the climate crisis, EcoVerdance has been selected as this year's pioneer FiRe Spotlight Company. What Is EcoVerdance? EcoVerdance: (noun) - an ideal state of harmony between the environment and humanity, achieved through atmospheric carbon balance and agricultural advancement. Founded in October 2007, EcoVerdance Inc. is at the center of an alliance of environmentally minded corporations and individuals committed to cleaning the Earth's atmosphere and ending world hunger. EcoVerdance's primary method of carbon-dioxide reduction involves the purchase and donation of Accele-Gro-M, a plant fertilizer growth enhancer created by Accelegrow Technologies Inc. (www.accelegrow.com) for application in developing countries, especially those that suffer drought conditions, with the help of nongovernmental / charitable organizations. In addition to cleaning the atmosphere and thus creating carbon credits, the increased crop yields provide nourishment and economic benefits for indigenous people. Initial concentration is on eastern and southern African countries. How It Works Corporations and individuals seeking to reduce their carbon footprint invest as partners with EcoVerdance. This investment is used to purchase Accele-Gro-M, a proprietary all-natural plant fertilizer growth enhancer, which is then donated to farmers in developing countries. Treatment of the crops results in a substantial yield increase. The additional biomass comes in the form of increased carbon sequestration. In order to grow larger, faster, and under a variety of conditions, the plants carry out more photosynthesis and thus absorb more carbon dioxide (a leading contributor to global warming) from the atmosphere. When additional carbon is sequestered, carbon credits are created. EcoVerdance is in the process of quantifying and validating net carbon sequestered. In addition to balancing the atmosphere, the resulting increased crop yields will nourish starving communities. Alleviation of world hunger is the first step to ending absolute poverty. Why Should I Care? In the past, humanity's ability to affect the climate has been downplayed. Recent studies have shown that this view is short-sighted. Pollution has led to climate change for this generation and future generations. Additionally, while great progress had been made in decreasing absolute poverty throughout the world, there is still plenty of work to be done. Giving undernourished people the means of producing more food while cleaning the environment is an amazing opportunity. EcoVerdance is offering that opportunity. What Is a Carbon Credit? A carbon credit is a permit that allows the holder to emit one metric tonne of carbon dioxide. Credits are awarded to groups and individuals that have reduced their green house gases below their emission quota (mandated by protocols prescribed nationally and internationally). Often this reduction is a result of carbon capture and storage. As tradable financial instruments, carbon credits can be bought and sold in various international exchanges at their current market price. (Source: answer.com) Together - We Hold the World in Balance. Participating at FiRe: David Morris, Director, Chairman, and President Lanier Davenport, Founder Website: www.ecoverdance.com
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