Clean Air Action Corporation

The mandate to Management made by the Company’s original investors was to undertake market development efforts, and influence policy and regulatory development across a broad geographical area. This specifically included encouraging the development and application of air quality regulations that provided more flexibility, economic effectiveness, and regional equity. The Company has, therefore, encouraged rules and market mechanisms that support the adoption and use of voluntary and market-based programs, including emission reduction trading, as viable compliance options under the Clean Air Act of 1990 and international climate change efforts. The desire to combine climate change mitigation with improving the lives of the poorest people in the world, led to the development of the TIST program in the late 1990s. CAAC has pushed the boundaries of reforestation and sustainable development becoming the first company to achieve several certifications and winning technical awards. However, the best metrics for TIST has been its expansion to four developing countries, growth to over 80,000 subsistence farmers, the planting of 16 million trees (alive, counted and documented) and over $100 million in benefits to the farmers.