Many developing countries rely on fossil fuels to generate electricity which is highly emission intensive, and these projects offer a promising solution to this problem.
Energy Efficiency projects avoid millions of tonnes of CO2 emissions every year form the burning of fossil fuels to generate electricity which comes at a significant environmental cost, and accounts for a large percentage of global man-made CO2 emissions. They also prevent the decay of bio matter, which produces harmful methane emissions and fine particles.
This is a Verified Project that generates a limited number of certified carbon credits. Each credit is equivalent to one tonne of CO2e and has a unique serial number. These are recorded in the Gold Standard Registry, the Verra Registry or the CDM Registry of the United Nations.
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Offsets are purchased through the Climate Change Institute where they are subjected to a rigorous verification and certification process.
After purchase, you will receive a certificate showing the amount of tonnes you have bought, along with their serial numbers. These can be independently verified on the Verra registry, where the full project specifications are also recorded.
Energy Efficiency Projects
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These projects enable a shift towards more sustainable production methods. This helps reduce greenhouse gas emissions and supports a cleaner and healthier environment.
SITUATION
The economic stability and social prosperity of developing countries depends upon the sustainable growth of the energy sector. Many are facing growing energy demands, which can lead to a strong dependency on imported coal and oil which places a substantial economic and climatic burden.
SOLUTION
Instead of being vented into the atmosphere, energy such as waste heat in industry can be recovered and utilized to drive power plant turbines that generate electricity. Energy Recovery Project methods include capturing and transferring heat from a process with a gas or liquid back that would otherwise be wasted.
ss firewood. They considerably reduce smoke emissions and improve community health in developing countries.
IMPACT
The energy source can be used to create additional heat or to generate electrical and mechanical power. This presents an alternative to the use of fossil fuels and encourages more sustainable production methods and green technology skills.
OUTCOME
Energy recovery CDM projects help to improve energy supply in developing countries, often in situations where they have an unstable electricity grid. It reduces their use of fossil fuels, and helps to provides social and environmental benefits to communities in the surrounding areas.
Offset certificates finance verified projects that reduce and eliminate carbon which are subject to a rigorous registration and verification process.
Projects can include wind, solar, hydro, biomass energy recovery, geothermal and GHG abatement. They aim to reduce greenhouse gas emissions whilst supporting sustainable development in developing countries. To deliver genuine emission reductions and meet the UN’s Sustainable Development Goals.
Verification
Certified projects must have the following attributes
Transparency
Information on the project is made readily available.
Efficiency
Projects should offer efficient methods to reduce carbon.
Validity
Projects must be certified to world standards and the procedure fully documented.
The Gold Standard Registry issues carbon credits, each is equivalent to one tonne of CO2e. It is the central repository for all information and documentation relating to Gold Standard projects and units. The Registry also ensures the uniqueness of projects and credits in the system. Projects are subject to a rigorous verification process where transparency underpins the positive outcomes of the carbon projects.
Verra carbon credits are issued under the Verified Carbon Standard (VCS) Program, a leading greenhouse gas (GHG) crediting program. Verra sets the world’s leading standards for climate action and sustainable development. VCS projects have reduced or removed nearly one billion tons of carbon from the atmosphere with activities that reduce and remove emissions, improve livelihoods, and protect nature.
- Additionality: The project is justified and the the carbon emission reductions achieved by the project would not have occurred without the additional funding.
- Permanence: Projects should demonstrate that the emissions reductions achieved by the project will be permanent and the carbon must remain stored for a long enough period to achieve the intended climate benefit.
- Verification: Projects must be verifiable and correctly accounted for, have a low risk of non-additionality, reversal, creating negative unintended consequences, and all forms of double-counting, including double-claiming of the emission reduction benefit, are avoided.
- Co-benefits: Projects may have have additional co-benefits such as poverty reduction, biodiversity conservation, and sustainable development and this should be considered.
Carbon Offset Certificates finance verified projects which slow down the rate of global warming, buying time for the world to make the transition to low-emission economies.
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We assist companies and individuals to go carbon neutral by offering wholesale prices direct from the trading floor of the global carbon spot exchange. Trading floor offers move rapidly, so we select the best projects on a daily basis. We negotiate bulk discounts for our 200,000 followers, allowing us to pass on the best market price.