Evolution Markets Facilitates Carbon Credit Transaction to Make UN Pavilion at Shanghai World EXPO Carbon Neutral

Carbon Offset Transaction One of the First for the Chinese World Exposition

Shanghai, CHINA (October 19, 2010): Evolution Markets Inc. announces it has facilitated a sale and retirement of carbon credits on behalf of the United Nations, making carbon neutral the operations of the organization’s pavilion at the Shanghai 2010 World EXPO. Carbon reductions from activities undertaken and verified in Turkey were used to voluntarily offset the greenhouse gas emissions of the United Nations Pavilion. This is one of the first major announcements of carbon neutrality at the Chinese-hosted world exposition.

Under the transaction, Evolution Markets facilitated the purchase and retirement of 3,000 carbon credits derived from a run-of-river hydroelectric project in Turkey. Each carbon credit is equal to one metric tonne of CO2 equivalent, and the total size of the transaction represents the estimated greenhouse gas emissions resulting from the operation of the 3,000 square meters United Nation’s Shanghai EXPO pavilion.

"This carbon offset transaction reflects the global nature of solutions to climate change," said Marco Terruzzin, Managing Director and Head of China for Evolution Markets Inc. "With this singular transaction we have the United Nations offsetting carbon emissions in China with a project in Turkey. It not only demonstrates a commitment to environmental sustainability by the United Nations and the organizers of the Shanghai World EXPO, but it is also a validation of the use of market-based mechanisms to control global carbon emissions."

The carbon reductions were made by the Kaleati 15 MW hydropower plant located in southern Turkey. The project provides carbon-free electricity to the highly carbon intensive Turkish power grid. The project will replace fossil fuel consumption and thereby improve the local air quality and improves electricity supply in the rural area. The project also incorporates other sustainable development benefits, including rural job creation, infrastructure improvements, and reforestation of previously developed surrounding land.

The Kaleati project has been validated under the Voluntary Carbon Standard (VCS), which has subsequently issued Voluntary Carbon Units (VCUs) to the project owner, Tektug Elektrik Uretim A.S. Ultimately 3,000 vintage 2008 VCUs were retired on the APX VCS registry, affecting the offset of greenhouse gas emissions associated with the UN Pavillion. The Shanghai Environment and Energy Exchange also participated in the facilitation of this transaction.

"The carbon reductions from the Kaleati project in southern Turkey are of very high quality," stated Mr. Terruzzin. "The reduction activities were conducted pursuant to a methodology prescribed by the Voluntary Carbon Standard and validated by the global firm, SGS. The credits have also been listed on a registry hosted by APX, which has subsequently confirmed their retirement, taking the credits permanently out of circulation."

The offset of carbon emissions from the UN Pavilion was formally announced today at a high-level ceremony at the Shanghai EXPO. Attending the announcement were Dr. Awni Behnam, Commissioner General of the United Nations Pavilion, Marco Terruzzin, Managing Director of Evolution Markets, Mr. Jian Lin, CEO of Shanghai Environment and Energy exchange and Chinese officials from city of Shanghai and the Shanghai EXPO organizing committee.

The Shanghai EXPO began May 1, 2010 and will close on October 31, 2010. The EXPO has hosted more than 65 million visitors to date.

About Evolution Markets Inc.

Using a unique approach called EvoFinance™, Evolution Markets Inc. provides strategic financial and industry-leading transactional services to participants in global environmental markets and the clean energy sector. Formed in 2000, the company has become the green markets leader, leveraging its unrivaled experience and knowledge on behalf of participants in the global carbon, U.S. emissions, renewable energy, weather derivative, and over the counter (OTC) coal, natural gas, nuclear fuel, and biofuels markets. Evolution Markets is also a founder in The Green Exchange, a leading global exchange for trading of environmental commodities. Based in White Plains, NY, Evolution Markets serves clients on six continents from offices in New York, San Francisco, London and Beijing. Evolution Markets Financial Services LLC is a subsidiary of Evolution Markets Inc. and provides merchant banking services to the environmental markets and clean energy sectors and is a member of FINRA.

www.evomarkets.com