Pearl Jam Voluntarily Offsets Latin American Tour Dates with $54,000 USD Investment to Mitigate Its 2015 Carbon Emissions

The Band Will Invest This Money In Two REDD+ Projects In South America:
Conservation International’s Alto Mayo Project in Peru + Carbonfund.org
Foundation’s Valparaiso Amazon Rainforest Project in Brazil

SEATTLE–(BUSINESS WIRE)–Pearl Jam will perform before nearly half-a-million fans on its tour of
Latin America, which kicks off on November 4, 2015 in Santiago, Chile
and wraps up on November 28 in Mexico City. A complete list of
tour dates are listed here: www.pearljam.com/tour

As they’ve done for over a decade, the band will track their carbon
dioxide emissions resulting from their 2015 live performances and offset
them through strategic investments in carbon mitigation projects. Their
two newest investments are both certified REDD+ (Reducing Emissions from
Deforestation and Degradation ‘plus’) projects in South America: Conservation
International’s Alto
Mayo Project in Peru, and Carbonfund.org Foundation’s Valparaiso
Amazon Rainforest Project in Brazil.

“I think it’s good to acknowledge the negative impacts our business has
on the planet, right alongside the positive ones. We tour. Our tours
emit carbon dioxide. We are constantly looking at ways to reduce and
mitigate that. Our strategy has been to essentially ‘tax’ ourselves for
our CO2-equivalent emissions, and invest that money into carbon
mitigation projects. Hopefully this will serve as inspiration for other
businesses and governments exploring ways to offset their carbon
footprints,” says Pearl Jam’s Stone Gossard.

Pearl Jam have been tracking their tour-related carbon emissions since
2003, and to-date have made mitigation investments totaling over
$500,000 USD. The band’s full carbon mitigation history is here: http://www.pearljam.com/activism/carbon-mitigation

ASSETs for Life scientist Michael Totten helps the band identify
its biggest carbon dioxide culprits on tour. For Pearl Jam, this
includes: band and crew air travel, hotels, truck and freight travel,
power at venues, and fan transportation to and from the shows.

The Conservation International and Carbonfund.org Foundation projects
that Pearl Jam is investing in this year are certified at the highest
levels, and structured to help fight the negative impacts of climate
change while providing real benefits to the local communities.

Conservation International’s Alto Mayo Protected Forest project in
Peru is the world’s first REDD+ project in a protected area. This
project is demonstrating to policy makers and investors the tremendous
potential of tropical forests to tackle climate change while generating
co-benefits and sustaining critical ecosystem services including
regulating water, preventing soil erosion and enhancing crop yields
through natural pollination and pest control. More on the project can be
found at www.conservation.org/alto-mayo.

“Pearl Jam’s ongoing efforts to offset their impact is an important
reminder that we can fight climate change at every level,” said Peter
Seligmann, CEO of Conservation International (CI). “The band’s
generous contribution to CI’s program in Peru’s Alto Mayo Protected
Forest will not only help mitigate their carbon footprint but also allow
us to bring additional benefits to the people living there and protect
the watershed for many more living nearby.”

Conservation International (CI) uses an innovative blend of science,
policy and partnerships to protect the nature people rely on for food,
fresh water, and livelihoods. Founded in 1987, CI works in more than 30
countries on six continents to ensure a healthy, prosperous planet that
supports us all.

Carbonfund.org’s Valparaiso Amazon Rainforest Project in Brazil also
is a certified REDD+ project and achieved Gold Level Distinction to the
Climate, Community and Biodiversity Standard (CCBS) due to the Project’s
exceptional community benefits. The Project undertook a forest carbon
inventory, modeled regional deforestation and land-use patterns, and is
mitigating deforestation pressures by utilizing payments for the
Project’s ecosystem services, along with ongoing monitoring of the
climate, community and biodiversity impacts of the Project. More
information on the Project can be found here: http://www.climate-standards.org/2013/07/18/the-valparaiso-project/

“We’re thrilled to partner with Pearl Jam in this important
environmental initiative to neutralize the impact of the band’s Brazil
tour dates this November,” says Eric Carlson, President of
Carbonfund.org. “Their ongoing leadership and commitment to ‘walking
the walk’ should inspire their fans and other performers to follow Pearl
Jam’s lead. Our forest preservation and biodiversity conservation
projects in Brazil are so critical to protecting the Amazon Rainforest
and helping to fight the negative impacts of climate change.”

The Carbonfund.org Foundation is a 501(c)3 non-profit organization,
leading the fight against climate change, making it easy and affordable
for any individual, business or organization to reduce and offset their
climate impact and hasten the transition to a low carbon future.
Carbonfund.org achieves its goals through climate change education,
carbon offsets and reductions, and public outreach.

Contacts

Carbonfund.org Foundation
Linda Kelly
LKelly@carbonfund.org
or
Conservation
International
Lauren Hodapp
lhodapp@conservation.org
or
Pearl
Jam
Nicole Vandenberg, 206-447-1801
nicole@vandenbergcom.com