Hydropower Project VERRA Carbon Offset

Hydropower projects unlock the potential of renewable energy, substituting fossil fuel-generated electricity preventing millions of tonnes of CO2 from entering the atmosphere.

These projects are crucial to achieving a low-carbon future, offering a cleaner alternative to traditional fossil fuel-driven facilities that pollute the air, contribute to global warming, and cause acid rain. By generating clean energy, they meet increasing electricity demands while creating opportunities for the next generation of renewable energy professionals in developing countries.

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.

Visit our store and get access to high integrity offsets at global spot market prices without the large fees and commissions.

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The Carbon Trade Exchange is backed by the Westpac Banking Corporation that guarantees transactions and provides rigorous measures to protect our customers.

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.

Hydro Power Projects

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By producing clean electricity, hydropower projects reduce our reliance on fossil fuels, decrease global emissions, and drives sustainable development by stimulating local economic growth through job creation and infrastructure upgrades.

Hydropower plants do not emit the waste heat and gases—common with fossil-fuel driven facilities—which are major contributors to air pollution, global warming and acid rain. The mining and drilling required to acquire fossil fuels for other power sources also have a significant negative environmental impact.

SOLUTION

These projects produce renewable energy replacing electricity generated by fossil fuels, keeping millions of tonnes of CO2 out of the atmosphere each year in areas that have enormous hydropower potential to supply the surrounding region with clean energy.

By producing clean, renewable electricity, this project is reducing reliance on fossil fuel energy sources which cuts global emissions. It also contributes to local economic development by providing job opportunities and improving the local infrastructure.

OUTCOME

Meeting the growing demand for electricity with clean energy to help to drive a low carbon future and boost local economic development. Provide opportunities for the next generation of renewable energy technicians and pave the way for similar projects in the region.

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.