DevvStream acquires streaming rights for carbon credits generated by AgriLedger’s business operations, and will provide management services for the resulting credits

Vancouver, British Columbia–(Newsfile Corp. – March 7, 2023) – DevvStream Holdings Inc. (NEO: DESG) (FSE: CQ0) (“DevvStream” or the “Company“), a leading carbon credit investment firm specializing in technology solutions, today announced an exclusive carbon credits management agreement with AgriLedger, a global advisement and consultative service specializing in carbon offset strategy, renewable energy development, and Ag-DLT value-chain optimization solutions for industrial, agricultural, and municipal clients. Under the agreement, DevvStream acquires exclusive rights and title to carbon credits resulting from projects developed by AgriLedger, and will additionally manage the creation, validation, certification, registration, storage, security and liquidation of project credits.

Highlights

• DevvStream acquires exclusive carbon streaming rights
• DevvStream will serve as carbon credit manager for AgriLedger’s projects
• In Alberta, Canada alone, over 20 million metric tons of carbon emissions reductions are the result of agriculture-based carbon credit projects
• In the United States, the potential demand for agriculture carbon credits is an estimated 190 million tons per year.

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