Rainforest Resources’ Chairman, Chief Conservationist, Founder, trader and former asset management in Switzerland and found management in Malta. For more than 5 years his primary goal is strengthening Ecuador’s national carbon-credit market while working with and employing local communities to protect and conserve the country’s incredible natural resources.He works with several rural and indigenous associations throughout Ecuador, and believes that education and empowerment of local communities is the key to long-term conservation and protection of the environment.
CEO of Rainforest Resources since 2016, Michael has extensive experience in international banking and asset management in Sweden and Switzerland. Since Michael’s appointment as CEO, he has worked diligently to develop the company’s sustainability investments in Ecuador, while liasing with investors and shareholders. Michael holds a BS in Economics and International Finance from the Stockholm University.
CFO Will be announced soon
Christoph G. Penderok
Christoph began his career at FIAT Automobile as product manager, where he established new product lines in countries throughout the world. An experienced project developer, procurement specialist, and business development manager, one of Christophe’s main responsibilities will be the establishment and operation of the bottled water manufacturing facility in Ecuador, including development of its domestic and international business channels. Christoph holds a Mechanical Engineering degree with an emphasis in Planning and Design.
The greenhouse effect is a natural process in which carbon dioxide (CO2) and water vapor, mainly carbon dioxide, are concentrated in the atmosphere to keep the atmospheric temperature stable. Since the industrial revolution, the increases in CO2 emissions are evident, for the year 2013 the National Oceanic and Atmospheric Administration of the United States – NOAA, reported that the concentration of CO2 in the atmosphere exceeded for the first time the 400 parts per million (ppm).
The most harmful greenhouse gas is carbon dioxide. CO2, atmospheric emissions of which are the highest (50%), is the main factor responsible for the current and growing global warming. CO2 is emitted in all combustion processes and, therefore, is directly related to industrial growth, the use of fossil fuels, as well as increased road traffic.
According to the IPCC (Intergovernmental Panel on Climate Change), global emissions of carbon dioxide must be reduced to a minimum of half the level issued in 1990, by the year 2050 at the latest, to avoid a catastrophic change in climate.