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Regina, SK – September 27, 2024 – TheNewswire – The 3rd Annual Global First Nations Carbon Summit, hosted by Carbon RX Inc. (“Carbon RX”), brought together First Nation leaders, carbon market experts, government officials, and industry stakeholders in Treaty 4 territory timed in conjunction with Climate Week. The summit facilitated important discussions on nature-based carbon management and its economic opportunities, particularly for First Nations communities, while emphasizing the necessity of environmental and regulatory accountability.
The event had many notable speakers on the topic of carbon markets with some of the key messages being:
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Canada’s Bill C-59:
The bill focuses on environmental greenwashing by corporations operating in Canada or those planning to do business in Canada. Organizations were urged to review all environmental claims and ensure they meet stringent substantiation standards. Claims that cannot be validated should be revised or withdrawn to comply with the law, mitigating the risks of penalties and reputational damage.
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Securing Carbon Rights in Land Agreements
First Nations and non-Indigenous landowners should revisit their land use agreements to clarify the ownership and future allocation of carbon rights. As carbon markets grow, ensuring these rights are secured will be essential for current and future carbon projects.
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Unlocking Residual Benefits in Regenerative Agriculture
Farmers participating in carbon projects are seeing benefits from required practice changes, such as improved grassland management. These adjustments not only create a new revenue stream through carbon credits but also lead to healthier land and higher yields. As a result, farmers are improving both their financial outcomes and the long-term productivity of their operations, while contributing to carbon removal as measured through soil health and biodiversity.
Carson Sinclair, Director of Origination and Marketing at Carbon RX, shared: “We organized this summit for knowledge sharing but underestimated the value of the connections made here. No matter where you are in your carbon journey, this conference proves you don’t have to navigate it alone.”
The 4th annual Global First Nations Carbon Summit is scheduled for the fall of 2025 in Treaty 6 Territory.
About Carbon RX
Headquartered on Treaty 4 Territory in Regina, SK, Carbon RX specializes in the origination and streaming of carbon credits. Backed by a team of agriculture, forestry, and hydrocarbon experts, Carbon RX provides high-fidelity carbon credits to the international voluntary carbon market, ultimately aiding Canada in the race to net zero emissions.
For more information, visit carbonrx.com.
For media inquiries
Carson Sinclair
Cell: 306-690-9235
E‐mail: carson.sinclair@carbonrx.com
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which is based upon Delta CleanTech Inc. (“Delta”) and Carbon RX (Delta’s subsidiary), current internal expectations, estimates, projections, assumptions and beliefs and views of future events. All statements other than statements of historical fact are forward-looking information. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "might", "will", "shall", "should", "intend", "anticipate", "project", "contemplate", "continue", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information includes estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Carbon RX does not undertake any obligations to publicly update or revise any forward-looking information except as required by securities law.
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