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How We Choose Climate Projects

At GoClimate, we prioritize quality and efficiency in our support for climate projects. Our rigorous selection process is based on the following criteria to ensure that every project we support truly contributes to climate improvements.

Certification: We require that an independent third party certifies the projects, guaranteeing that they meet continuously updated and increasingly higher standards.

Additionality: It’s crucial that the projects would not have been realized without funding from climate initiatives. This principle ensures that our investment leads to a real change.

Verification: The climate benefit of each project is verified by an independent third party, ensuring its efficiency and credibility.

Traceability: We ensure that funding is traceable through transparent and open databases. This prevents double counting and ensures the project’s uniqueness.

Durability: The projects must offer lasting effect, meaning the benefits do not disappear over time.

Contribution to Sustainable Development: Beyond the direct climate benefits, the projects should also contribute to sustainable development, such as creating job opportunities or contributing to cleaner air. It’s important that the projects do not contribute to negative social development where they are implemented.

At GoClimate, we focus on supporting the best climate projects. We have chosen to work only with projects certified by Gold Standard. This is because we believe that Gold Standard has the strictest and best requirements for climate projects.

What Makes Gold Standard So Special?

Stringent Requirements: Gold Standard has stricter rules compared to other standards. They ensure that the projects really need the money to be implemented and continue to make a difference.

Focus on the 1.5-Degree Target: Projects supported by Gold Standard are those that help us reach our global climate goals. This means that they do not support projects linked to fossil fuels or nuclear energy.

Updated Requirements: Gold Standard regularly updates its requirements to ensure that the money is used where it is most beneficial for the climate.

Our conclusion is that supporting Gold Standard-certified projects is the best way to make a difference right now. However, we are open to changing our approach if we find other ways to achieve even greater climate benefits in the future.

Please feel free to contact us if you think there’s something we’ve missed, as we are always open to learning more!

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Projects Contributing to Reduced Emissions

This is part three of our article series about how we consider the climate projects we support. This part is about the projects that contribute to reduced emissions and covers the projects that GoClimate primarily supports today. 

This category includes, for example, energy-efficient stoves that reduce the need for wood and thus deforestation. There are also projects in renewable energy that reduce the need for coal power plants and those that handle harmful methane gas by converting it into electricity, replacing fossil energy sources. More examples of these climate projects are available here.

2.1 Why We Support This Type of Project

There is scientific consensus that it is urgent to reduce the world’s emissions. Therefore, it is reasonable that at the present time, when there is so much left to do, the focus should simply be on supporting projects that reduce the world’s emissions.

2.1.1 The Technology is Already Here

To reduce emissions, both capital and technology dissemination are required. The necessary technology to cope with climate change already exists to a large extent, but it needs to be spread, financed, and implemented. The type of climate financing that we, our members, and customers contribute to plays a big role here; this is exactly what is needed to speed up the transition. But it’s not just a question of investing money, the projects must be effective and well thought out too.

2.2 Challenges with These Types of Projects

The climate benefit of the projects is often calculated based on hypothetical scenarios, which can be problematic. Changed subsidies, norms, and knowledge levels can affect the projects over time. Some projects may no longer need support due to technical development and price reductions in renewable energy. However, the role of climate financing is crucial. It has historically contributed to economies of scale and price reductions, meaning that some projects no longer need the same support. To manage these dynamic factors, one can choose to support newer projects or specific years.

Despite the complexity of these projects, we are convinced that they can be supported effectively, especially if the right type of project is chosen.

2.3 Projects We Do Not Support in This Category

In this category are projects that we consider to be less efficient or problematic. For example, we do not support the construction of large-scale hydroelectric power plants, as they require large land areas and can have a negative impact on both the environment and local communities.

New renewable energy projects in countries not on the UN’s list of least developed countries are also not certified according to the standard – Gold Standard – that we go by. These projects are often considered to not need financial support to the same extent as they did in the past.

However, it is important to understand the climate credit market and how it affects the lifespan and financing of projects. We still support certain energy projects that would not be certified today, because if we stop supporting certain projects that were certified because climate financing was deemed necessary earlier, it could undermine the confidence in the climate credit market and make it more difficult for future projects to get financing.

We also do not support local projects in Sweden, as the country already has access to financing and relatively low climate emissions compared to other regions. Our strategy is to support projects where they can have the greatest positive climate impact. Even though projects like solar cell support in Sweden can be beneficial, financing does more good when used in other countries, for example, those with a higher mix of fossil fuel sources in their electricity mix.

Please get in touch ([email protected]) if you think there’s anything we’ve missed; we are always open to learning more!

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Climate Organizations Influencing Society

This is part two in our article series about how we consider the climate projects that we support. This part focuses on climate organizations that influence society.

There are many organizations trying to stop climate change by influencing society in various ways, such as by developing political proposals, organizing demonstrations, or through lobbying. We at GoClimate work for systemic changes just like other climate organizations in this category, but we also support certain other organizations such as Klimatriksdagen (Sweden) and Shado (UK). We choose to support organizations where even small contributions can make a big difference, which ensures that our contributions provide what is called additional climate benefit. This means that we want our money to contribute to a climate benefit that would not have occurred if we had not contributed the money.

In addition, we support projects and individuals where our contribution, in addition to providing direct climate benefit, also indirectly contributes to us getting more funds for further climate work. An example could be sponsoring a climate conference with 10,000 SEK, which not only creates direct climate benefit but also attracts corporate customers who contribute an additional 20,000 SEK to climate projects, effectively more than doubling the climate benefit for the invested money.

Supporting society-influencing organizations is complex. We do not want to support any concrete party politics and do not support specific political parties. But we believe it is crucial to show, among other things through debate articles, to politicians that the climate crisis is urgent and that political solutions are an essential part of the answer

When we support different climate organizations, we believe it is important to carefully evaluate them and try to calculate the benefit they provide, something we think the organization Giving Green does well. The challenge in evaluating these organizations lies in how to calculate the climate benefit they achieve in terms of tons of carbon dioxide. Giving Green uses a method where they calculate backwards from previously achieved results and make a series of assumptions about what proportion of the result for a specific action is thanks to the organization.

A simplified example: An organization drives a political proposal that leads to the U.S. reducing its emissions by 1%. When the proposal is implemented, 1% of the U.S.’s annual emissions equals an incredible 63 million tons of CO2e. To calculate the organization’s share of this, one can assume that the organization expedited the proposal by six months. This means that the organization may have contributed to 31.5 million tons of CO2e climate benefit in half a year. If the organization achieved this with a budget of 10 million dollars, it means that each dollar contributed to eliminating 3.2 tons of CO2e, which corresponds to a cost of 0.3 dollars per ton CO2e. This is a cost-effective result, but the calculation also contains some uncertainties.

1.1 The reason we do not exclusively support such projects

We believe that it is possible to achieve significant climate benefit through these types of organizations. In fact, it can be one of the most cost-effective ways to make a climate impact. As an example, the article’s author gives 50% of their donations to GeEffektivt’s recommended climate organizations and 50% to GoClimate’s measurable and certified climate projects.

1.1.1 Uncertainty in the assumptions

Despite this, there are uncertainties in these calculations. It is not always certain that the organization actually contributed or that they could do more good with additional funding. However, we are strong advocates of trying to evaluate the benefit, even if it poses challenges. The efficiency of charitable organizations can vary greatly, so we recommend supporting organizations that GeEffektivt and Giving Green highlight.

1.1.2 By definition political

Moreover, support for certain proposals driven by these organizations often involves a political stance. This can be problematic for some of our corporate clients. Therefore, it is important to be aware of these aspects when supporting politically influencing organizations.

1.1.3 Measurability

At GoClimate, we value being able to specify the exact climate benefit that each contribution provides. We have seen that both individuals and companies appreciate traceability and are willing to contribute more when they know exactly what their money accomplishes. Therefore, we focus on climate projects where the benefit is measurable, clear, third-party audited, and transparently reported.

We also believe that there is strength in each individual and company taking responsibility for their own emissions. This means that those who emit more carbon dioxide should contribute more to climate work. If someone has caused 10 tons of CO2e in emissions during a year, they should pay proportionally more than someone who has only caused 1 ton of CO2e. This principle places high demands on the measurability of the climate projects we support and it is not at all certain that a specific sum of money will prevent or neutralize an exact amount of CO2e moving forward through these organizations.

However, it is important to emphasize that uncertainty exists in all types of climate projects. In the case of the projects we are discussing here, the uncertainty and traceability can be particularly high, even though the potential benefit can also be very significant.

Please feel free to contact us at [email protected] if you think there is anything we have missed on this topic, we are always open to learning more!

Keep an eye out for the next part in this article series which will be about climate projects that contribute to reduced emissions.

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GoClimate is bringing South Pole on board as a partner to create bigger climate impact

Good news –  we at GoClimate join forces with South Pole! The partnership will make it easier for us to avoid intermediaries when buying climate credits, giving us even better insight into the climate projects. The added benefit of getting access to their climate expertise and global network means we can do even more good things for the climate in the long run. This also means we get financing that allows us to better spread the word about the climate crisis and what climate actions are urgently needed to meet the Paris Agreement. And not least, it allows us to support more people and businesses to drive positive change for the climate. By joining forces with South Pole, we can accelerate the journey towards a more sustainable planet and have a much greater impact on slowing climate change, together.

Who are South Pole?

South Pole is an international leader in climate and environmental services, solutions and project development. It’s a value-driven social enterprise with a B-corp certification for some of its operations. In 2021 South Pole signed agreements to develop over sixty new carbon projects around the globe, with plans for again as many projects or more in 2022.

What happens now?

We will continue to work independently, with no changes in management, operations or company name. We have lots of ideas and thoughts that we can finally implement, watch this space!

The GoClimate team
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A survey on the view of the individual carbon footprint, climate action taken and GoClimate

During the summer 2021, we conducted a survey among all our members who offset their carbon footprint with GoClimate. 552 people participated, corresponding to 12% of our members at that point in time.

GoClimate members are truly active climate change fighters

25-30% of GoClimate members take climate action that goes far beyond their own lifestyle changes and climate funding contributions. In response to the question “In the last three years, have you done any of the following?”, this is the result:

30% of GoClimate members state that they have participated in climate protests, 71% have signed climate petitions, 27% have been in contact with politicians or their municipality with climate-related issues, 25% have asked their workplace or school about their climate work, 21% have contacted a store or a brand about their sustainability work and 77% has made a major lifestyle change like swapping to a more climate-friendly diet, stopped flying or switching fossil cars to electric ones or bicycles.

This is climate action taken by our members on top of their monthly contribution to important climate financing to move away from fossil based energy systems among others.

The view of one’s own climate footprint

In response to the question of how our members view their personal carbon footprint, 74% states that they are working actively to reduce their footprint. 8% say that they would like to, but don’t know how. Another 7% say that they already have a low footprint and have a hard time lowering it more. 8% say that they are not working actively with reducing their footprint. Several members state that it is difficult to change diet and travel habits completely.

The next focus of GoClimate

We gave eleven suggestions on what the GoClimate team could focus on in the future. The suggestions that got the most votes were a carbon budget tool for individuals (57%), that GoClimate increase the focus on influencing politicians and society through creating opinion, petitions and debate articles (55%), a feature that displays exactly which climate projects a member personally has supported and with how much (53%), individualized tips to help reduce a member’s footprint (48%) and the possibility to compare climate footprints from year to year (39%).

Growing the GoClimate community

The majority of the respondents found out about us via recommendations and social media. So please keep discussing the climate with friends, tell them about us and share blog posts and our infographics on Instagram.

Here you can find the results of the 2019 and 2020  member survey on carbon footprint, carbon offsetting and GoClimate.

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Different kinds of carbon offsets – a quick guide

Since the start of carbon offsetting, a lot has happened. We have learned more about how we can efficiently and effectively finance the transition to a sustainable society, and these insights have allowed for the offsets to develop in several aspects. Here, we will explain the different kinds of offsets that one can choose from.

Avoided emissions

At GoClimate, we offer carbon offsetting in a type of projects that are referred to as Avoided Emissions. The idea is to prevent emissions which would have been released if it had not been for this project.

To explain with an example: in a village, everyone is cooking over open fires and collect firewood in the forest nearby. The project developer supplies improved cookstoves, which contains the heat and reduces the amount of firewood needed. The savings in firewood (reduced deforestation) is measured, and then converted into a common unit – tonnes of CO2, which can be purchased by those who want to support this project.

Perhaps the most common type of projects that can be categorized as avoided emissions are renewable energy projects. The current (polluting) energy production is compared to the installation and production of clean energy, and the difference is considered avoided emissions.

You can read more about climate projects in this previous post, and on our project page.

One kind of improved cookstove

Another type of project that avoids emissions can be natural resource management, or the protection of forests. Areas which are in danger of being deforested are identified and the protection of them is financed, to make sure that they keep storing (and capturing) carbon dioxide. This has additional benefits of biodiversity protection, but it can be hard to prove that the flora would be degraded without the protection.

Removals

Another type of offsets is referred to as removals. There are two main types of removals, where the simplest form is tree planting (reforestation or afforestation*). Tree planting can have additional benefits for the biodiversity and local populations, and is definitely needed to restore damaged ecosystems. However, although the trees bind CO2 while they grow and live, this will be released at the end of their life. This can happen unintentionally in a forest fire or naturally after 80 years, but this does not guarantee a permanent removal of CO2 from the atmosphere.

Are there permanent removals of CO2 from the atmosphere? Yes, but it’s costly and energy intensive. These technologies are sometimes called Carbon Capture and Storage (CCS), or Direct Air Capture (DAC). The most well-known initiative for this is probably the Swiss company Climeworks, whose technology aims to “vacuum clean” the air from CO2. Another pioneer is Project Vesta, which will use natural wave energy to capture CO2 into rocks (weathering). These technologies are under development, and need to scale up to be really useful.

Climeworks aim to suck CO2 from the air

What should you choose?

What should we focus on? We at GoClimate believe that “if your faucet is running, you should turn it off before you start mopping the floor”, which is why we are offering offsets in the form of avoided emissions. We urgently need to stop emitting CO2, and offsetting is effectively a way to help finance the transition to renewable energy globally. But the scary truth is that as we are not doing this fast enough, we will need to remove CO2 from the atmosphere to keep global warming from spinning out of control. And to invest in it now is necessary for the research and development to happen fast enough for the technologies to scale. If these methods are only available in 50 years, it will simply be too late.

Therefore, GoClimate is currently investigating how we can also support removals as a way to stop climate change. Stay tuned to find out more and be part of the movement!

* Afforestation is the establishment of a forest or stand of trees (forestation) in an area where there was no previous tree cover

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Climate-proof your business

Why should a company act on climate change?

We are all part of the problem, so we can all be part of the solution! Since the causes of climate change are deeply rooted in our way of living, change needs to happen on all levels in society. From the governments setting the right direction, all the way to end consumers who choose what to purchase. In the middle, companies should align with the global goals, and provide products and services which are truly sustainable and don’t harm the planet.

What should companies actually do?

The first step is to understand how the company is contributing to climate change. The best way to do this is to analyze its operations and find out where greenhouse gas (GHG) emissions arise (in production, from energy consumption, or in the value chain?), and quantify the impact on the climate. GoClimate helps companies follow the international reporting standard to accurately measure the GHG emissions.

Once the company knows their climate impact, it is time to set a goal in line with the Paris Agreement to keep the increase of global temperature below 1,5°C. Knowing what emissions are caused in our base year (the first year we measure), we can set the ambition to reduce the emissions. At this point, we also know which part of the business is causing the most emissions, and GoClimate offers guidance on how to reduce these emissions in the most efficient way possible. Then, we can follow up on a yearly basis if the company is successful in reaching these goals.

A way to take responsibility for the emissions that cannot be abated immediately, is to offset the emissions. This is done by purchasing a corresponding amount of carbon credits from projects that avoid emissions elsewhere, or in some cases capture carbon from the atmosphere. GoClimate offers offsetting from high-quality projects certified by Gold Standard. 

Sidrap Wind Energy Park in Indonesia
With carbon offsetting, we make sure that this wind farm is being paid for, to the benefit of the local population in South Sulawesi, Indonesia

What are the benefits of doing this?

First and foremost, we do our part in ensuring a livable planet for ourselves and our children. As if this wasn’t enough, we simultaneously risk-proof our own business by understanding if we are currently a part of the problem, and how we can be part of the solution.

Some other positive effects are:

·      Attracting more talent – employees care about the company they work for! This is true for new hires as well as for retention of the existing team.

·      More customers – this gives an advantage over competitors, as sustainability becomes a key parameter when choosing suppliers and service providers

·      Sustainability efforts also offer a marketing advantage

GoClimate is your partner

Reach out to us, and we can help you understand what this would look like for your  company and offer support based on your needs. GoClimate will be there to answer any and all questions, and make this journey as smooth as possible for you. Get in touch by sending us an email at [email protected]

READ MORE: 

The 1.5°C Business Playbook helps organizations to set a 1.5°C aligned strategy and move to action. It focuses on simplicity and speed and is anchored in the latest science

Science-based targets show companies how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change.

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More support to wind energy in Aruba

We have now offset another 50,000 ton CO2eq in a Gold Standard certified project! Thank you for taking part in this!

Cactus overlooking the energy production

This is our project

Aruba is one of the islands moving towards reduced dependency on fossil fuels and increased share of renewables. The first initiative for wind energy production on the island is the Wind Park Vader Piet N.V, which we are supporting through the purchase of carbon credits! This is the second time we support this project, so find the first blog post about the project HERE.

This wind park consists of 10 wind turbines that are located on an uninhabited part of the island. With a production capacity of 3 MW each, these turbines supply 12-14% of the total energy needed on the island! Since all energy consumed before the implementation of this project came from fossil fuel, the carbon intensity of the electricity available on the island was very high. Fortunately, Wind Park Vader Piet N.V has instigated a change for the better.

More support from GoClimate

We purchased credits (the proof of avoided emissions, expressed in tonnes of CO2) from this project last year in September, and now decided to do a second purchase. The climate projects issue new credits every year, corresponding to the amount of avoided emissions they can prove each year. Hence, with the kind of credits that we purchase from Gold Standard certified projects, we know that the emissions have already been avoided.

The continuous support that the project receives from selling credits every year makes sure that they can, for example, pay back loans that they had to take to build the wind power plants, and ensures the financial sustainability of the project. When the project is planned, this financial support from selling credits is taken into account in the economic balance. The project developer has to show that without this economic support, the project would not be financially feasible. This is what is referred to as ‘Additionality’ when we talk about climate projects.

Imported wings for the wind power plants came by boat to Aruba

What are the larger implications?

Vader Piet has permission to sell credits for 10 years. This has been an interesting time for the island Aruba. We have been talking to the electricity company on the island, WEB Aruba N.V., on what this has meant for them, and this has been proof that there is more that can be done in the area of renewables. It is especially impactful when we can support a project that is the first of its kind in a place, such as this one.

We have previously also supported the Sidrap Wind Energy Project, the first wind power park in Indonesia. This is important both for the public, to see for themselves what a wind energy park can do. Moreover, provides a great learning opportunity for local professionals to learn new skills, which can be replicable in future projects. Aruba is now in the planning stage of a second wind power plant, and we are so exited to be a part of that story!

Read more about the project in the Gold Standard Registry

A big thanks to all of you for enabling this development!

Do you want to contribute to this, and other similar projects? Calculate your carbon footprint and start your offsetting today!

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A survey on the view of the individual carbon footprint, carbon offsetting and GoClimate

During the summer 2020, we conducted a Swedish and an English survey with ten questions among all the people who offset their carbon footprint with GoClimate. A whopping 620 people participated, corresponding to 13% of our members at that point in time.

According to our English survey, 76% have reduced their carbon footprint since they joined GoClimate. Among other things, they have installed solar panels, they eat less meat, fly less and eat more vegan food than before. 23% say that they have not made any changes to impact their carbon footprint and 0.6% (1 person) say that they have increased their footprint.

In response to the question of how they view their personal carbon footprint, around 90% of the English respondants (80% of the Swedish) state that they are working actively to reduce their footprint. 3% say that they would like to, but don’t know how. Another 4% say that they are not working actively with reducing their footprint. Political actions and financial incentives are mentioned as critical parts to enable necessary lifestyle changes.

What's your attitude to your individual carbon footprint? This diagrams shows the number of people who use carbon offsetting that are actively working on reducing their carbon footprint and how many that are not.
90% of all members that carbon offset say they are working on reducing their carbon footprint.

Most members are happy with our calculator and the type of projects we support. What we can get better at is providing guidance and support to reduce the carbon footprint. Over 20% didn’t know that we have a blog, where we educate on topics related to the carbon footprint and offer tips for how to reduce the emissions.

The reasons for our members to carbon offset with GoClimate is that it’s easy, that people want to do everything they can for the environment, and because there are parts of the carbon footprint which are hard to amend. Other reasons are that GoClimate is a small organization offering transparency about where the money goes, and that it’s perceived as clear, agile and trustworthy. This is an easy way to make an extra difference for the climate, adding to what is already done in the everyday life by these committed people.

Among the respondents behavioral change was considered important to stop climate change. The answer to the question “How important do you think behavioral change is to stop climate change?” was 8.8 in average on a scale 0-10.

The majority of the respondents found out about us via recommendations and social media. So please keep discussing the climate with friends, tell them about us and share blog posts and our infographics on Instagram.

Find the results of the 2019 member survey on carbon footprint, carbon offsetting and GoClimate here.

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GoClimate New Year’s Resolutions for 2021!

One year ago, the GoClimate team set our climate resolutions for 2020 – personal challenges, because for us saving the climate is more than a job, it’s a life mission. This is an overwhelming task, and therefore setting a specific goal to a specific time frame makes it all more approachable. Now we have another new year ahead of us to make better habits for the future!

CECILIA :star2:

One of my resolutions for 2020 was to participate in twice as many climate strikes compared to 2019. And then Covid19 happened. For 2021, my resolution will be “Spread the word” – to talk more about the climate crisis and the climate action I am taking via social media and with my friends in order to hopefully inspire others to take action.

ALEXANDRA:star2:

My new year’s resolution for this year was to stay on the ground and not travel by plane. It was easier than I had expected and it reduced my carbon footprint with 3.19 tonnes compared to 2019. For 2021, my climate commitment is to move one step closer to a vegan diet. I have been a vegetarian for 10+ years, and for next year my intention is to only eat egg/dairy products when they are served by someone else. That means, at home and at restaurants/cafes I will always choose vegan, but if I’m invited to a dinner I will accept vegetarian food. Curious to see what challenges this will bring me and how I can handle that!

Home made salad w quinoa, hummus, veggies and fruits!

TOVE :star2:

I wish all climate actions came as easy to me as sticking to a vegan diet and not driving a fossil-fuelled car, but staying on the ground is a huge challenge to me. It breaks my heart on a regular basis that catching a flight to London, which I consider my second home, is no longer an option for me as I simply can’t justify the harm it causes the planet. My resolution for 2021 is to look closer into climate friendly alternatives to flying, rather than giving long-distance traveling up altogether (which has been the situation in 2020, needless to say). I’m excited to look in to options by road and rail and aim to make the actual travelling a fun part of the experience too, making it an adventure rather than just a transfer.

STEFAN :star:️

My new years resolution for 2021 is to think long-term with all of my purchases. I will only purchase brand-new products if I’m confident I will get at least 5 years of good use out of them.

KALLE :star:️

For 2020, my new year’s resolution was to not buy any new clothes nor electronic devices. I aim to keep that going for the full year of 2021 as well.

EMMA :star:️

I’ll continue sticking to my vegetarian diet, plus avoiding dairy. I will also make sure to cut out beef and lamb when feeding my dog (who’s moving in with Emma in January, welcome to the GoClimate family little one). Whenever I feel the need to buy new items, I make a list of what it is that I “need”. I then give it a week or two before asking myself if I still want or need it? If the answer is still a yes, I research if there are any other ways to achieve what it is that I crave other than making a purchase – perhaps renting or borrowing? Or can it at least be bought second hand? If buying a newly produced item is the only option, I compare alternatives and chose the one with the seemingly lowest climate impact.