ESR Esrey Resources Ltd

ERA Carbon Offsets Ltd. (TSX VENTURE:ESR)(FRANKFURT:9EA) and Wildlife Works
Carbon LLC are pleased to announce the successful validation, verification and
issuance of 2.5 million tonnes of Verified Emission Reductions from the first
REDD+ project in the Democratic Republic of the Congo (DRC).


The Mai Ndombe REDD+ project is the world's largest REDD+ project to achieve
validation and verification under the Verified Carbon Standard (VCS).
Additionally, Mai Ndombe has received double Gold Level validation and
verification from the Climate, Community and Biodiversity Alliance Standard
(CCBA), recognizing its exceptional climate change adaptation and biodiversity
benefits. Covering 299,645 hectares of land, this former logging concession in
Bandundu Province will avoid approximately 5.6 million tonnes of CO2 emissions
per year, and more than 175 million tonnes of emissions over the 30-year life of
the project. Internationally recognized auditing firm Det Norske Veritas
conducted the audits of the Mai Ndombe REDD+ project.


H.E. Mr. Bavon N'sa Mputu Elima, Minister of Environment, Nature Conservation
And Tourism of the DRC stated, "The Ministry welcomes the validation and
verification of this project in two rigorous standards - the Verified Carbon
Standard and the Climate, Community and Biodiversity Alliance Standard. The
Department is pleased to work with ERA-Congo and its partners ERA Carbon Offsets
and Wildlife Works for the protection of forests in the Democratic Republic of
the Congo and the improvement of local community livelihoods through REDD+
projects."


The project area is part of the world's second largest intact rainforest, after
the Amazon and is part of the Ngiri-Tumba-Mai Ndombe wetland, recognized under
the Ramsar Convention as the largest wetland of international importance in the
world. It is home to a forest community of approximately 50,000 Congolese
villagers and a wide array of biodiversity including highly endangered forest
elephants and bonobos, which have been negatively impacted due to pressure from
logging and poaching activities.


The local communities will receive direct benefits from the project in the form
of jobs, schools, health clinics, improved food security through better agronomy
and redevelopment of robust native fish stocks, capacity building of local NGOs
and Community Based Organizations (CBOs), all financed through a transparent and
equitable sharing of the carbon revenues.


"As someone who knows personally the hardships that families in these forest
communities have to bear, I am overjoyed at the benefits this REDD+ project will
bring, making a brighter future for 50,000 of my friends, family members and
compatriots in Mai Ndombe," said local project Manager Jean-Robert Bwangoy
Bankanza.


Jeremy Freund, Wildlife Works' Vice President of Carbon Development stated, "The
success of Mai Ndombe demonstrates that robust VCS methodologies for monitoring,
reporting and verification can scale to make REDD+ highly significant to the
future conservation and protection of the Congo Basin Rainforest and its people,
and beyond that, to threatened forest communities around the globe. This is good
for the forests, the people who depend upon them, and the governments who create
land use policy."


In addition to the direct benefits that will be received by the project area
communities, the Government of the DRC will also receive a substantial portion
of the income derived from the Mai Ndombe project, ensuring that REDD+ and its
many benefits deliver a financially competitive alternative to logging the rich
forests of the Congo Basin.


Dr. James Tansey, CEO of ERA states, "We are very proud of the immense amount of
work and effort that has allowed the Mai Ndombe REDD+ project to grow from an
idea generated by individuals within the community of Mai Ndombe, to a
recognized world first conservation concession for the Congo Basin Rainforest.
I'd like to recognize both the pioneering vision of the DRC government for their
commitment to REDD, as well as the vision and support of the people of Mai
Ndombe, who are bringing it to life."


A Joint Venture between ERA and Wildlife Works has both companies cooperating on
project finance, technical development, implementation, and sales of carbon
credits generated from the Mai Ndombe REDD+ project. The project is listed on
the VCS website (www.v-c-s.org) and the Markit Environmental Registry
(www.markit.com). The Mai Ndombe REDD+ is proud to be part of CODE REDD
(www.coderedd.com).


About REDD

Reducing Emissions from Deforestation and Degradation (REDD) was originated by
the United Nations (UN) to help stop the destruction of the world's forests.
"REDD+" goes beyond deforestation and includes the role of conservation,
sustainable management of forests, and enhancement of forest carbon stocks among
other benefits.


About Wildlife Works LLC

Wildlife Works is the carbon market's leading REDD+ project development and
management company, applying innovative market based solutions to the
conservation of biodiversity. Over a 15 year history, Wildlife Works established
a successful model that uses the emerging marketplace for REDD+ to protect
threatened forests, wildlife, and uplift impoverished local communities. The
company is recognized for developing the world's first REDD project to
successfully achieve issuance of REDD+ carbon credits under the Verified Carbon
Standard (VCS), and the Climate, Community, and Biodiversity Standard (CCB). For
more information visit www.wildlifeworks.com. For further information, please
contact PR@wildlifeworks.com.


About ERA Carbon Offsets Ltd.

As Canada's largest and most diversified carbon management solutions company,
ERA Carbon Offsets Ltd. helps organizations understand, reduce and offset their
climate impact. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects and is
proud to also provide clients with a comprehensive offering of sustainability
consultancy services. A merger of ERA Carbon Offsets and Offsetters, ERA Carbon
Offsets Ltd. is based in Vancouver, Canada and has worked with over 150 of the
world's most prestigious organizations including Aimia, Vancity, lululemon
athletica, Catalyst Paper, Harbour Air, HSE - Entega, and Shell Canada Limited.
ERA is publicly listed company on the Toronto Venture Exchange (TSX VENTURE:ESR)
and in (FRANKFURT:9EA). For more information, please visit us at
www.eraecosystems.com and www.offsetters.ca.


FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of forest-based
carbon offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although ERA Carbon Offsets
Ltd. believes that their expectations reflected in these forward looking
statements are reasonable, such statements involve risks and uncertainties and
no assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual results to
differ from these forward-looking statements include fluctuations in the
marketplace for the sale of carbon credits, the inability to implement corporate
strategies, the ability to obtain financing and other risks disclosed in our
filings made with Canadian Securities Regulators.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ERA Carbon Offsets Ltd.
David Rokoss
604-973-6512
david.rokoss@eraecosystems.com

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