Sustainable Green Team Ltd. (SGTM)

[eyeamgame]

The Dec Field Report doesn't seem to claim our
CC Projects are in the Advanced Stage unless I missed it here somewhere.

We have moved ahead positively and retained the services of a new carbon credit consultant who is more suitably aligned with our future goals for the company. The work has begun internally to continue the development of the carbon offset initiatives in Sierra Leone. The Company has conducted work to establish the benefits of a project for the sale of carbon offsets from its leased lands to the regulated or the voluntary markets in Europe and North America, respectively. In particularly, we have investigated the project development options, offered to us from the different types of Forestry-related methodologies of different protocols for the purpose of creating a carbon business plan that will permit the sale of ex ante carbon credits. Priority was given to begin drafting a project with high potential of success, while eliminating the need for large development costs. This was achieved by using as a template, a Project Development Document created and approved by the UNFCCC for afforestation of degraded lands in China. We anticipate completion of draft PDD by early January.

In addition, field work has been undertaken in Sierra Leone to assess the growth potential of Kiri trees imported as cuttings from Australia. Our preliminary results show poor transplant survival rates, presumably owing to a transit period of 10-12 days which we believe is excessive and deleterious to the survival of plants exacerbated by a lack of water. However on a positive note, of those cuttings that have survived, qualitative analyses suggests that the growth of Kiri trees in Sierra Leone can resemble published fast growth rates for Australia for Kiri trees.

That actually sounds like we had to basically start over and had a poor survival rate in our test plot.

The carbon Projects could have a positive influence somewhere down the road but don't count on it anytime soon IMHO.



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