News: Portfolio 2008

ImageTree, CATHALAC Collaborate to Build Carbon-credit Ecomarket Infrastructure in Latin America, the Caribbean; Sign 5-year Agreement

Will deliver national IPCC Tier-3 carbon and forest biomass baseline inventories, monitoring systems, and support biodiversity conservation, climate change programs

MORGANTOWN, W.Va., and CITY OF KNOWLEDGE, Panama, -- November 25, 2008 -- To enable Latin American and Caribbean countries to financially benefit from emerging carboncredit markets, ImageTree Corporation and the Water Center for the Humid Tropics of Latin America and the Caribbean (CATHALAC) have signed a five-year exclusive agreement to collaborate on delivering cost-effective carbon and forest biomass baseline inventories and monitoring systems on a national scale.

 

CATHALAC, which is a regional intergovernmental organization supported by such entities as the U. S. Agency for International Development (USAID), the U.S. National Aeronautics and Space Administration (NASA) and the World Bank, will lead this climate