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29
May
2009

Westernfield Holdings announces a major reforestation project in Indonesia

“Our Carbon Management Services team has made great progress already, and we are excited by the opportunity to supply high-quality carbon credits to the voluntary, pre-compliance, and eventually compliatory markets.”


(1888PressRelease) May 29, 2009 - As part of this project, which reinforces Westernfield Holdings commitment to reduce the environmental impact of deforestation, some 193,000 trees will be planted , near the town of Samarinda. Eighty different species will be planted, over an area covering 31,000 acres.

Westernfield Holdings has already signed 10 long-term contracts with the Indonesian government, representing over 2.5 million metric tons of carbon reductions, and has built a robust pipeline of new projects which should double the portfolio by the end of next year. More information on Westernfield Carbon Management Services is also available, at www.western-field.com

“We are pleased to offer Westernfields’ individual and business customers this portfolio of high quality carbon offset projects,” said Christoph Smith, Westernfield Holdings Vice President of Business Development. “Our Carbon Management Services team has made great progress already, and we are excited by the opportunity to supply high-quality carbon credits to the voluntary, pre-compliance, and eventually compliatory markets.”

WesternField Holdings has strong sustainable relationships with its partners. In the field of project development, WesternField Holdings is cooperating with a range of partners, such as industrial companies, local partners, technology providers, financial institutes and VER buyers. Westernfield Holdings continually looks to expand our network with potential partners and investors.
The dedication WesternField Holdings brings to originating high quality credits has earned a Gold Medal in the EDDI Environmental Excellence Award scheme for developing the best Carbon Reduction Project in 2004. This award was established to recognize important work done by environmental consultants which helps to shape the future of our planet.

http://www.western-field.com

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Westernfield Holdings Lt d

20th floor,Shinjuku Park Tower S,3-7-1 Nishi Shinjuku,Shinjuku-ku,Tokyo

1631035

Voice: 81366887679

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