BLUEGRACE ENERGY BOLIVIA

The partnership will certify Congolese forests for sustainable management, establish a Carbon Credit Investment Bank, and invest in healthcare, health insurance, and education. These initiatives aim to protect natural resources, generate economic opportunities, and improve the quality of life for local communities.

LONDON, UNITED KINGDOM / ACCESSWIRE / August 19, 2024 / Julio José Montenegro, CEO of BlueGrace Energy Bolivia (BGEB) and the Congolese Environment Agency (ACE) are pleased to announce a strategic partnership with Mbombo Investment Group, and Maximance 2030. This collaboration, led by General Manager Lama Onyangunga of ACE, marks a significant milestone as the consortium moves towards the certification of Congolese forests for sustainable acquisition and management. The partnership also includes the establishment of a Carbon Credit Investment Bank, alongside other key investments in the healthcare, health insurance, and education sectors for local communities.

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Certifying Congolese forests is crucial for promoting sustainable management and conservation, in alignment with global environmental goals and the Congolese government's commitment to preserving its natural resources. This partnership seeks to harness the combined expertise and resources of each organization to develop and implement strategies that not only safeguard the forests but also create economic opportunities through carbon credits and sustainable land management.

Key aspects of the partnership include:

1. Forest Certification and Management: The collaboration will prioritize certifying Congolese forests to ensure they meet international standards for sustainable management. This certification will facilitate the responsible stewardship and utilization of these forests, contributing significantly to global efforts to combat deforestation and mitigate climate change.

2. Carbon Credit Investment Bank: The Carbon Credit Investment Bank is a groundbreaking initiative that will facilitate the trading and investment of carbon credits generated through the sustainable management of Congolese forests. This initiative will create a new revenue stream for local communities and investors while promoting environmental stewardship and sustainable economic growth. In line with this, APRISCO ENERGY INDUSTRIES S.L. has joined forces with BlueGrace Energy Bolivia and Maximance 2030 to further enhance the tools used to reduce emissions from deforestation and forest degradation. This collaboration underscores the importance of sustainable forest practices, contributing significantly to global efforts in CO2 capture and climate change mitigation. APRISCO ENERGY INDUSTRIES S.L., in collaboration with key strategic partners like Catalana de Biogás Ibérica (supported by Sinia Renovables of Banco Sabadell Group), Catalana de Renovables alongside the Soriguè Group, and the "TESLA GROUP" from the Czech Republic, is embarking on a series of initiatives to enhance renewable energy development projects.

3. Healthcare and Education Investments: Beyond environmental initiatives, the partnership will invest in healthcare services, health insurance, and educational infrastructure for local communities. This includes developing medical facilities, launching insurance programs, and building schools to enhance the quality of life for the Congolese people. In the healthcare and health insurance areas, BlueGrace Energy Bolivia has partnered with AXIOM Life and Health Inc., a coverholder at LLOYD's, led by its President Amita Kochar, who delivers comprehensive health solutions for community development projects.

ACE's General Manager, Lama Onyangunga stated, "This partnership marks a transformative opportunity for the Democratic Republic of Congo. By collaborating with BlueGrace Energy Bolivia, Mbombo Investment Group, and Maximance 2030, we are not only protecting our invaluable forests but also investing in the future of our people. The certification of our forests and the establishment of a Carbon Credit Investment Bank will yield substantial economic and social benefits for our nation."

Dr. Louison Mbombo, Senior Executive Officer of Mbombo Investment Group, expressed his enthusiasm for the collaboration, stating, "We are honored to be part of this initiative, which perfectly aligns with our commitment to sustainable development and innovation. This partnership exemplifies the power of collaboration in driving meaningful change, and we eagerly anticipate the positive impact it will have on both the environment and the communities we serve."

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Left to Right: Julio José Montenegro, Delphin Lama Onyangunga, and Dr. Louison Mbombo

The consortium will continue to work closely with local stakeholders, government agencies, and international organizations to ensure the successful implementation of these initiatives. As the project progresses, further updates and details will be shared with the public.

BGEB's collaborations are centered on empowering impoverished and indigenous communities globally through comprehensive social initiatives, sustainability, and adherence to universally accepted principles in human rights, labor, environment, and anti-corruption. By enhancing access to education, healthcare, and infrastructure, BGEB fosters community development alongside environmental conservation and the transition to clean energy.

These efforts, combined with strategic alliances with influential private and public entities, position BGEB as a leader in ecological preservation and clean energy innovation, while ensuring the authenticity and sustainability of their carbon credits.

About the Partners:

Congolese Environment Agency (ACE)

ACE is a government agency dedicated to the conservation and sustainable management of the Democratic Republic of Congo's natural resources.

+243 85 10 22 222
dgace@acerdc.cd
https://www.acerdc.cd/

Mbombo Investment Group

With a diverse portfolio, Mbombo Investment Group is known for its innovation in e-commerce, telemedicine, mining, and trade, as well as its commitment to global health initiatives.

+243 85 324 84 93
contact@mbomboinvestmentgroup.com
www.mbomboinvestmentgroup.com

Maximance 2030

A forward-thinking organization focused on achieving long-term sustainable development goals, particularly in the areas of environmental conservation and community empowerment.

BlueGrace Energy Bolivia:

BlueGrace Energy Bolivia (BGEB), a global consortium of experts in key areas, is committed to advancing the transition to a net-zero future in response to climate change challenges. Boasting decades of experience, our team is pioneering 21st-century energy transition projects. Grounded in professional expertise and unwavering integrity, we aim to create genuine value for business and society. Learn more by visiting our website and following us on social media: YouTube / Instagram / LinkedIn

For further information, please contact:

JULIO JOSE MONTENEGRO / jmontenegro@bluegracebolivia.com
+1 (305) 972-6173 (Miami - EE.UU.)

NELSON PINEDA MARTINEZ / nelopineda@bluegracebolivia.com
+591 714-72257 (Bolivia)

For all media inquiries, please contact:

Ivan Linde / ivan.linde@bluegracebolivia.com
+1 (786) 273-7068 (Miami - EE.UU.)

Disclaimer

This announcement is solely for informational use and should not be viewed as financial, legal, or investment guidance. It includes projections and statements that aren't based on past events. Any statement in this release that isn't a historical fact is a projection. Readers should be aware that the basis for these projections might be incorrect and are advised not to rely solely on them. Any projections in this announcement come with a warning. They are current as of the release date, and the Company has no plans to update them, except as mandated by securities regulations.

SOURCE: BLUEGRACE ENERGY BOLIVIA

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