Invert Inc. and BC Biocarbon Announce Carbon Credit Streaming Agreement

OTTAWA, Ontario--(BUSINESS WIRE)--Invert Inc. ("Invert" or “the Company"), a specialized carbon finance company focused on making carbon credits accessible to individuals and empowering businesses on their carbon reduction journey, is pleased to announce the Company has signed an agreement with BC Biocarbon, a biomass waste conversion company located in the Robson Valley, British Columbia. BC Biocarbon has developed a proprietary carbon-refining technology that converts biodegradable biomass into solid, liquid, and gaseous carbon products. Through this agreement, Invert will receive a stream of BC Biocarbon’s high-quality CO2 Removal Certificates (“CORCS”), verified by Puro.earth, which will provide the Company with an immediate supply of verified carbon removal credits available to both corporate and individual customers. Each CORC represents a metric ton of C02 removed from the atmosphere, aligned with the IPCC definition of carbon removal.

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"At BC Biocarbon, we understand that climate change is among the greatest threats facing our planet today, which is why we're proud of the proprietary technology we've developed, and we remain squarely focused on removing C02 from the atmosphere," said Peter Popplewell, CEO, BC Biocarbon. "We look forward to working with the Invert team to meet the world's climate goals, as they continue to invest in carbon removal credits of the highest quality."

BC Biocarbon’s CORCS are derived from the production of biological charcoal (“biochar”), a charcoal-like material that is safe to be re-used in a variety of climate-positive ways, including land and water treatment, and helping soils to retain nutrients and water. Biochar is very effective at sequestering carbon and storing it for centuries, driving meaningful C02 reductions critical in the fight against climate change.

"When it comes to climate action, BC Biocarbon goes above and beyond and have clearly demonstrated their integrity and commitment to removing C02 from our atmosphere," said Andre Fernandez, Co-CEO, Invert Inc.. "We’re looking forward to working closely with the BC Biocarbon team to produce carbon removal credits and continue to fight climate change together over the long term."

The CORCS purchased from BC Biocarbon will be available for individual purchase on the soon-to-be-released Invert App.

About BC Biocarbon

BC Biocarbon is a proudly Canadian company headquartered in McBride, British Columbia. Established in 2011, BC Biocarbon's proprietary biorefinery technology produces bioenergy and biogenic carbon products, including biochar, biocoal, biochemicals, and other valuable products. Through its patented biorefinery system, the Company aims to recover the highest amount of carbon possible to help derive value and to mitigate climate change.

The Company’s Black Bear Biochar product is ideal for soil and filtration applications and provides Puro.earth-certified carbon removal credits when used for these purposes.

BC Biocarbon's mission is to massively accelerate atmospheric decarbonization via carbon removal and fossil carbon displacement. The Company is committed to ethical business practices for the betterment of the planet. To learn more, please visit: https://www.bcbiocarbon.com

About Invert

Invert operates at the core of the carbon reduction and removal ecosystem, from financing the removal of carbon from our atmosphere via high-quality carbon offset projects to empowering businesses and individuals on their emissions reduction journeys.

Invert invests in carbon credit projects that produce high-quality, meaningful carbon reduction and removal credits that will help save our world. By selling these credits to individuals or businesses, the Company generates revenue that can be reinvested towards further projects that reduce or remove CO2 from the atmosphere. In addition, Invert works directly with businesses to help them understand and reduce their carbon footprint.

Invert is also creating a place where individuals can go to learn about what they can do themselves to address the pressing issue of climate change. The Company helps individuals understand their own impact on the world and gives them a chance to support projects that reduce greenhouse gas emissions. The goal is for every individual to be carbon neutral, and Invert will help get people there in an engaging manner with rich content and community. Please visit our website for more information: invert.world