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DLMI and Evertreen Unite for Major Tree-Planting Drive, Aiding Climate Goals

DLMI and Evertreen Unite for Major Tree-Planting Drive, Aiding Climate Goals

Tree Planting
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Diamond Lake Minerals, Inc. (OTC: DLMI) is as a leading player in the digital asset landscape, bridging the gap between traditional finance and decentralized finance (DeFi). Their mission aligns with the development and support of digital assets and SEC-registered security tokens, all while fostering a culture of responsible innovation and ethical business practices. DLMI’s unique blend of expertise in traditional asset management and digital asset innovation positions them as a strategic partner for businesses seeking to navigate the evolving financial landscape. Given its robust technological expertise, DLMI is poised to become a pioneer in the tokenization of traditional assets, shaping the future of finance with integrity and innovation.

DLMI Partners with Evertreen to Address Deforestation, Support Habitat Protection, and Advance United Nations Sustainable Development Goals Through Major Tree Planting Initiative

In partnership with Evertreen, DLMI has initiated the planting of 500 mangrove trees in Kenya, that are expected to absorb 154 tons of CO2 over the trees’ lifespan. In addition, Diamond Lake Minerals, Inc. commits to planting additional trees every month from January 2024 on, targeting to accomplish millions planted over the next 10+ year period. Mangroves have been chosen for their crucial role as coastal protectors (preventing erosion) and in carbon sequestration, aiding in climate change mitigation, while also supporting biodiversity and sustaining local fisheries-dependent communities.

The primary objective of our tree-planting partnership with Evertreen is to address deforestation and support habitat protection” states Brian J. Esposito, CEO of Diamon Lake Minerals Inc. “We are committed to doing everything we can with the power and reach of DLMI, our subsidiaries, and with the support of our wonderful partners around the world, to bring attention and focus to deforestation and great initiatives and companies like Evertreen that can help combat this.” continued Mr. Esposito.

Tree planting can assist in helping achieve several United Nations Sustainable Development Goals (UN SDGs), including:

  • SDG 1: Less Poverty – Planting trees can provide income and livelihood opportunities for local communities through sustainable forestry practices and eco-tourism.
  • SDG 13: Climate Action – Trees absorb carbon dioxide from the atmosphere, helping to mitigate the impacts of climate change.
  • SDG 15: Life on Land – Trees provide habitat and food for wildlife, prevent soil erosion, and promote biodiversity.

Related Article: IFC and Bank of the Lao PDR Strengthen Partnership to Boost Green Finance, Achieve Climate Goals

In light of the global climate crisis, tree planting stands as a crucial element in a holistic strategy to address this urgent issue. We express our gratitude to Brian J. Esposito and DLMI for their support and collaboration in this impactful initiative” states Dan Ciufo, Co-Founder of Evertreen.

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