The TerraVerde Foundation
 

 
The TerraVerde Foundation is a non-profit Panamanian Private Interest Foundation dedicated to the sustainable preservation of Earth’s Flora, Fauna and Water Resources. Our primary Mission is to Protect, Conserve and Enhance the Forest Reserves, Refuges and Wildlife for which we are responsible and to assist in the protection of other Forests anywhere in the world through collaborative relationships where appropriate (see below).
 

The dwindling Frontier Forests and other Mature Forests of the world are global ecological assets on which the whole of mankind depends and the protection of these Forest assets must be of concern to all informed individuals aware of the consequences of their continued destruction. The MicroForest Program was created by the TerraVerde Foundation to allow public participation in the protection of these Forests. The Program takes a uniquely different approach by providing a vehicle for individuals to sponsor and acquire ownership of these Forests. Sponsorship of a MicroForest is also an effective way for families, corporations or other groups to contribute to the effort to slow climate change (global warming) by becoming Eco2Neutral Citizens1.
 
A MicroForests License Agreement enables the TerraVerde Foundation to work together with Fundación Pan America and it’s operating company Pan America Sociedad Anonima (MMVII) PANAMERSA (panamersa.com and panamersa.net) to protect Flora , Fauna and Water Resources in all it’s Forest real estate holdings and projects including: Las Huacas de Boquete and the Canal Zone in Panama, PORT SAE La Fortaleza Park, and the severely threatened dry Forests of the Corobici Wild-Life Refuge in Costa Rica plus other important Forest real estate holdings to be announced.

 

The MicroForest Program focuses on the protection of Frontier, Mature and established Secondary Forests. This emphasis is a reflection of their high economic and ecological value and the “services” provided by these Forests. Humanity relies on the established Forest ecosystems of the world to provide many familiar and important goods and commodities including: food, fodder, fuel-wood, timber, pharmaceuticals and industrial products. Forests and the innumerable life forms which live within them also provide a range of services which are indispensable to human life and civilization. These services include: air and water purification, climate regulation, regeneration of soil fertility, and the maintenance of genetic and biological diversity. According to the Ecological Society of America, human activities are now significantly impairing the delivery of these services and these human-induced changes will be difficult or impossible to reverse, at least on a time scale relevant to the current population.

“Frontier Forests -- large, ecologically intact and relatively undisturbed natural forests -- are likely to survive indefinitely without human assistance.”
World Resources Institute

The Forest service of increasing interest today is climate regulation. Very large amounts of carbon are stored in the trees and soils of existing Forests and if they are not disturbed this carbon can be expected to remain locked away for decades or even centuries. Many trees in Mature Forests are well over 1,000 years old2 and if protected from disturbance these Forests can live a very long time. However Deforestation continues to release vast amounts of this stored carbon into the atmosphere as carbon dioxide (CO2) - making a very large contribution to the problem of global warming.

"FAO's newest data on the role of forests in mitigating climate change, contained in our recently Released Global Forestry Resources Assessment (FRA 2005), provide a clear picture of the contribution that forests make to countering global warming -- and of how deforestation exacerbates the problem," said Dieter Schoene, of FAO's Forestry Department.

The FRA assessment also shows that the destruction of forests adds almost two billion tonnes of carbon to the atmosphere each year and "Preventing this stored carbon from escaping is important for maintaining the global carbon balance and vital to conserving the environment," according to Schoene.

The TerraVerde Foundation believes that the protection of ecologically intact Frontier Forests, Mature Forests and established Secondary Growth Forests is essential to safeguarding the future of mankind.


1The concepts and names “MicroForest” "Eco2Neutral Citizen” “goEco2Neutral” and “Eco2Neutrality” were all created by and are the property of The TerraVerde Foundation (Fundación TerraVerde). They may not be used except under License.
2Chambers, J.Q. et al., 1998 Nature; and Condit, R., et al,. 1995 Ecological Monographs; cited by Center for the Study of Carbon Dioxide and Global Change, Tempeh Arizona USA.
 

DALLAS, Nov 20, 2006 (BUSINESS WIRE)—PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing of an Agreement with The TerraVerde Foundation.
Dr. David Shaw, Founder and Protector of The TerraVerde Foundation announced today that an earlier informal agreement with PayPro Incorporated had now been formalized and a License Agreement had been signed whereby the PayPro organization will adopt the TerraVerde MicroForests Program.

The TerraVerde Foundation, established in 2003, is a non-profit, Panamanian Private Interest Foundation dedicated to the sustainable Preservation of Earth’s Flora, Fauna and Water resources and is the creator of the MicroForests Program.

Forests play a vital role in regulating the world’s temperature and weather by storing large quantities of carbon and water. The continued destruction of the world’s forests is responsible for a large part of the globally elevated carbon dioxide (CO2) level which is the major driver of global warming. Tropical deforestation is estimated to cause about 20% of the world’s annual CO2 emission. Conserving the remaining Tropical Forests and planting new Tropical Forests would reduce the rate of CO2 emission and buy more time while better alternatives to burning fossil fuels are developed.

Dr. Shaw commented, “According to the latest WMO Greenhouse Gas Bulletin released earlier this month, the global average concentration of CO2 reached the highest value ever recorded in 2005. The majority of the world’s climate scientists are now in agreement that these record levels are largely the result of human activity (fossil fuel burning) and it’s time for all of us – from the individual or family to small and large Corporations and World Governments – to work together in a concerted effort to meet this challenge. The TerraVerde Foundation is delighted to be collaborating with PayPro, Inc., an organization which understands the challenge and has the vision and energy to make a difference.”

The TerraVerde MicroForests Program provides a simple, convenient but effective way for individuals, families, corporations or other groups to contribute to this effort by becoming “carbon-neutral.” To do this the total CO2 emission of an individual or group is estimated and a MicroForest is sponsored to balance this emission to achieve an overall zero emission of CO2. A simple estimate of average personal CO2 emission can be based on the total population and total energy consumption of the country where the person lives. On this basis, a person in Latin America causes the emission of about 2.3 tons of CO2 per year, whereas someone in the USA would emit about 20 tons/year.

A MicroForest converts CO2 into oxygen which is released into the atmosphere, and carbon which is stored away as wood. The size of the MicroForest needed to balance a person’s CO2 emission depends on many factors including whether the MicroForest is part of a Conservation project or a Reforestation project, the geographic location of the project, the tree species, soil type, rainfall etc. In general, trees in the tropics grow much faster than elsewhere and can absorb CO2 at a higher rate and therefore Tropical MicroForests provide the most effective way to combat global warming.

For more detailed information on the TerraVerde MicroForests Program please send your name and email address to: info@terraverdefoundation.org.

To participate in the MicroForests Programs with PayPro, Inc. please contact: microforests@gopaypro.com or call (214) 256-3754.

About PayPro Incorporated:

PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:

Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VOIP, MicroForest properties, Real estate investment participation, Fixed and variable income real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services and Digital marketing services.

Forward-Looking Statements are not historical fact as “forward-looking statements’’ defined in the Private Securities Litigation Reform of 1955. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis of trends in our globalizing economies that we anticipate in our industry. They represent our good faith vision and estimate of the effect that globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.

SOURCE: PayPro, Inc.

CONTACT: PayPro, Inc., Dallas
Mike Terrell, 214-774-4870