Crystal Lagoons PAL™ Projects are Recognized as "Champion of Champions" for their Contribution to Reducing the Carbon Footprint.

PAL™ projects revolutionize cities by bringing beach life with turquoise waters and white sands to urban areas and reducing by about 50% the number of car journeys and flights to coastal destinations and natural beaches that, globally, total about 35 million tons of CO2 per year.

The "Green World Awards" recognize the countries, companies and organizations that contribute the most to protecting the ecosystem and are sponsored by reputable British environmental organizations.

The PAL™ developments were selected for their pro-environmental concept and the prize was awarded at Abu Dhabi. The "Champion of Champions" award is not the first accolade to be bestowed on PAL™ projects. The model previously received the Green Apple Award at the Palace of Westminster in London.

A key factor in the nomination was the groundbreaking nature of these complexes, which bring beach life to the cities through large crystalline lagoons suitable for swimming and water sports, surrounded by white sandy beaches and diverse infrastructure of services and entertainment.

The PAL™ developments reduce commuting and generate carbon footprint savings equivalent to the annual energy consumption of 2.3 billion homes, as they allow people to access the beach by walking, cycling, using public transportation or short car trips.

Crystal Lagoons already has 810 PAL™ developments in various stages of development around the world. Among the most notable agreements are in: United States(5 PAL™ projects in Orlando and 4 in Atlanta), Korea (30 PAL™ projects), Pakistan(15 PAL™ complexes), Colombia(13 PAL™ projects) and Central America(11 PAL™ developments).

MEDIA CONTACT: Ignacio Rivera, [email protected]

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