Press Release: Project approval in first Russian joint implementation tender process

Camco International Limited (‘Camco’ or ‘the Company’), a global developer of emission reductions and clean energy projects, today announces that two projects on which it is the active project developer have gained approval by the Russian government as part of its first carbon credit tender under the UN Joint Implementation mechanism.The two projects are in the steel sector and reduce emissions by introducing advanced energy and resource-saving technologies in the production process. Camco has worked on developing the projects for the last four years.Yariv Cohen, Camco’s Chief Carbon Officer, commented:“The government approval is a welcome first step in the process. We are looking forward to working closely with the project owners to achieve first issuances”____________________________________________Enquiries:Camco LtdYariv Cohen, President, +44 (0)20 7121 6100M:Communications (Public relations Advisor)Charlotte Kirkham, +44 (0)20 7920 2331Elly Williamson, +44 (0)20 7920 2339About CamcoCamco International Limited (Camco, AIM: CAO) is a global developer of emission reductions and clean energy projects with operations in the US, the UK, China, Africa, Russia and SEA. Camco has a 20 year track record in project development, technical delivery and policy development, working with local industry, multinational companies, governments and regulatory bodies.Camco’s Clean Energy Project Development and Investment teams collaborate with industry, project developers, equipment providers and investor groups to create emissions-to-energy projects and maximise sustainable energy production across a range of industries; including agricultural methane, industrial energy efficiency, coal mine methane, municipal solid waste, biomass and landfill gas.The Carbon Project Development business has created one of the largest emission reductions portfolios and has structured groundbreaking and innovative arrangements for the sale and delivery of emission reductions to compliance and voluntary buyers.The Energy and Carbon Advisory teams provide strategic, commercial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions.www.camcoglobal.com