Projects

Industry RE work closely with project developers, technology leaders, scientists, environmental agencies, Governments, lawyers, land owners and planning departments to raise funding for renewable and sustainable projects.

In 2009 Industry Re partnered with Celestial Green as they entered into their first REDD project. This entailed the purchase of a majority share holding (97%) in a Brazilian company – Capital First Management Bank Ltda, who own 10,000 hectares of tropical rainforest in the state of Rondonia, Brazil. CFMB also had a mining licence for the gold mining on 4,300 hectares of this pristine area of land. By purchasing this company, Celestial Green have let the mining licence lapse and intend to preserve this ecologically delicate area through obtaining carbon credits under the REDD guidelines. The reason for this is that as well as the environmental implications of preserving such an area, there must also be a reward system in place for landowners to preserve the land and also for the potential employment the mine would have given if the mining had gone ahead.

Celestial Green have a further 10 projects located throughout the Brazilian states of Amazonas and Rondonia, totalling an area of 12,398,807 hectares (twelve million, three hundred and ninety eight thousand, eight hundred and seven). To put this area of land into perspective it equates to the equivalent combined area of Austria and Switzerland.

Celestial Green have signed and notarised contracts with Municipalities and private landowners for each of these 10 projects, and they have agreed to adhere to the very strict criterion that Celestial Green work to, for the duration of these projects, and further on into the future.

If you are interested in exploring the projects then please email info@industryre.com call +44 (0)207 993 5913