ERA Carbon Offsets Ltd.
TSX VENTURE : ESR

ERA Carbon Offsets Ltd.

March 13, 2012 09:15 ET

ERA to Offset Globe 2012 Footprint and Host CODE REDD Event With Wildlife Works

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 13, 2012) - ERA Carbon Offsets Ltd. (TSX VENTURE:ESR) ("ERA") is pleased to announce that it will support GLOBE 2012 by being an official offset sponsor for this upcoming event, and will co-host CODE REDD, a call to action for the world's endangered forests, together with Wildlife Works. GLOBE 2012 will be held March 14th to 16th, 2012 in Vancouver, British Columbia, Canada, at the Vancouver Convention Centre East.

Offsetting Globe 2012

Keeping true to GLOBE's sustainable business philosophy, ERA will support GLOBE 2012 by offsetting the conference and its participants which are expected to generate approximately 2500 tonnes of emissions over the course of the conference and during the travel periods before and after the show. GLOBE is one of the world's most significant conferences focusing on business and sustainability. Occurring once every two years, it consistently attracts the highest calibre industry professionals, world-renowned expert panellists and motivated attendees who discuss topics across the business and environmental spectrum. Over 10,000 professionals from more than 50 countries are expected to join in GLOBE 2012.

CODE REDD @ Globe 2012

On March 14, 2012, ERA and Wildlife Works, the founder of CODE REDD, will host the first Canadian event for this international campaign to support diverse protection of the world's threatened forests. Tropical forests are disappearing at an alarming rate of 32.5 million acres per year, accounting for an estimated 17% of total annual global greenhouse gas emissions. This is having a devastating impact on people, ecosystems and wildlife throughout the world. REDD (Reducing Emissions from Deforestation and Degradation), is a forest conservation program originated by the United Nations to help stop the destruction of the world's forests. It is an effective solution that is already working in pioneering projects around the world. Attendees will hear how the CODE REDD campaign can overcome the massive threat to the world's forests while making significant contributions towards mitigating climate change. Attendees at Globe are invited to visit the CODE REDD booth, unit 1004, on the Tradeshow Floor.

  • CODE REDD Press Conference: Wednesday March 14, 2012 @ 12:30pm on the Presentation Stage (on the Globe Trade Show Floor)

Duncan Manson, CEO of ERA, comments: "ERA has long been a supporter of GLOBE and its excellent GLOBE Series of events, so we are very pleased to contribute in a meaningful way at GLOBE 2012. GLOBE has consistently delivered thought provoking ideas and leadership relating to business and the environment together with global networking opportunities for those engaged in sustainable business practices at both the local and international levels. Here in Vancouver, one of the leading sustainable cities in the world, GLOBE 2012 offers the perfect venue to introduce CODE REDD and its founders, Wildlife Works. We look forward to engaging with many of the leaders who are involved in this event and sharing the CODE REDD campaign with them."

About GLOBE 2012

GLOBE 2012 will be the 12th event in one of the world's largest and longest-running event series dedicated to business and the environment. Every two years, the world gathers in Vancouver for three days of thought-leading sessions presented by world-renowned sustainability experts, for the opportunity to see leading-edge environmental innovations, and to participate in unparalleled global networking opportunities.

Business leaders, corporate executives, NGOs, and government policymakers from around the world will meet in Vancouver, March 14-16, 2012 to explore corporate sustainability and competitiveness, clean energy, climate change, sustainability in finance, and greener cities. A number of special sessions will also be offered addressing water, global emissions management, and greening the retail sector. Visit http://2012.globeseries.com/

About ERA Carbon Offsets Ltd.

A pioneer in carbon offset projects based on forest conservation and restoration, ERA has delivered over two million tonnes of carbon offsets to the voluntary market from a variety of international forestry based projects. The company's Community Ecosystem Restoration Program ("CERP") began in 2005 in British Columbia, Canada, and has delivered large scale restoration of riparian ecosystems throughout the Lower Mainland of British Columbia. ERA's successful project development activities include the award winning Darkwoods and Denman Island forest carbon projects, the first REDD concessions in the Democratic Republic of Congo in central Africa and Improved Forest Management projects in the United States which are expected to deliver ARB compliant tonnes for the California market beginning in 2013. Our activities span Canada, Africa, the United States and New Zealand. ERA's carbon offset projects are validated and verified to ISO-14064, CCBA, PFSI-VER, CAR and VCS standards and sell into voluntary and pre-compliance carbon markets. ERA's clients and product users include Air Canada, Catalyst Paper, Rolling Stone Magazine, HSE - Entega, Forest Carbon Group AG, and Shell Canada Limited.

Additional information about ERA can be found on the corporate website or by contacting investor@eracarbonoffsets.com.

On behalf of the Board of Directors,

ERA CARBON OFFSETS LTD.

Duncan J. Manson, Chief Executive Officer

Additional information on ERA can be found on the corporate website www.eracarbonoffsets.com or by contacting investor@eracarbonoffsets.com.

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of forest-based carbon offsets. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although ERA Carbon Offsets Ltd. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include fluctuations in the marketplace for the sale of carbon credits, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

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