ClimateCare has always specialised in projects that deliver both Climate and Development outcomes, often financed through the voluntary carbon market, when responsible businesses choose to offset their unavoidable emissions through projects that both cut carbon and improve people’s lives.
However we also help organisations with a compulsory requirement to reduce carbon emissions, that are prepared to pay to deliver this commitment through projects that cut carbon and also create measurable community benefits.
The Swedish Energy Agency is one such example. The organisation has committed to support our new CookClean stoves project in Ghana, by purchasing the first 500,000 tonnes of Certified Emissions Reductions. This project has the potential to decrease 1 million tonnes of CO2 emissions over 7 years and help take pressure off vulnerable native forests, which remain the main source of cooking fuel in Ghana.
ClimateCare brought in BioCarbon Group Pte Ltd of Australia to co-invest in the project and production and sale got off the ground late 2012.
The project has been registered under the Clean Development Mechanism and will be accredited for the reduction of CO2 emissions recognised under the Kyoto Protocol. Through their increased efficiency, the stoves will also reduce ‘black carbon’, or soot, increasingly recognised as a key contributor to climate change.
Equally important are the positive impacts this clean cookstove project will bring to families: improving disposable incomes by halving fuel requirements and reducing indoor air pollution – the fourth biggest health risk in the developing world.
ClimateCare will use this project to quantify health improvements, as it continues work to generate results based payments for the verified development outcomes of its Climate and Development projects.
- Integration: delivering community benefits through the Kyoto Protocol
- Partnership: between private sector investors, developing countries and a sovereign government
- Protecting the environment: potential to cut 1 million tonnes of CO2 emissions over 7 years and to reduce black carbon
- Improved health: this project will reduce harmful air pollution
Meet compulsory carbon commitments in a responsible way. Contact us now to get involved in this or similar climate and development projects.