ZUG, Switzerland, March 19 /PRNewswire/ -- Swiss Hawk AG's portfolio company Environmental Development Group AG ("EDG AG") has initiated a consulting partnership with the Brazilian company SuperVerde Renewables Agricultura Ltda ("SuperVerde").
EDG AG (htttp://www.edg-ag.de) and SuperVerde have set clear internal rules for the production of their renewables.
- Production of non-edible renewable resources
- Managing CO2 and other emissions in the supply chain
- Minimizing use of land by optimizing agro-production
- Preservation of (Amazon) forests and natural habitats
- Minimizing impact on food chain by cross cropping of use of non-food oil carriers
- Ecological agro-production
- Create significant employment with fair pay in rural areas
- Facilitating a fair income for micro farmers
- Social and cultural investments around production units
- Rationalizing the use of water with state of the art irrigation techniques
In 2007 SuperVerde (http://www.superverde.com.br) started operations in Brazil. In February 2008 a pilot was started involving 111 micro farmers in a poor rural area 300 kilometers from Fortaleza (Northeast Brazil). The company expects toinvolve 5,000 micro farmers next year and another 5,000 the year after. In collaboration with EDG AG, SuperVerde applies its internal rules for its project in Northeast Brazil. EDG AG will coordinate the additional financing of this project and introduce SuperVerde in the financial markets in Frankfurt and London. The substance of this financial injection will be at around 45 million Euros.
Renewables - sometimes referred to as sustainable resources - are to become one of our most important feedstock for our future energy supply. They are referred to as being renewable as they can be produced infinitely. The term sustainable indicates these products do not harm our environment or our society.
This is the main reason why governments are more and more interested to know the origin of these products, the way they are produced and where they are produced. In addition to that there is a concern that agro production of this feedstock may interfere in our food chains and drive up food prices. Often it appears that these ecological and social aspects are not yet addressed. The unavoidable decision to stipulate the use of biodiesel in our cars will demand a detailed investigation of the real sustainability of these renewables.
For further information: Petra Groeneveld Tel: +49-69-366002-610
For further information: Petra Groeneveld, Tel: +49-69-366002-610