New investment in Biomass project

Another investment has been made by our community, this time offsetting 75 tonnes of CO2. Thank you everybody!

The investment was made in a biomass project. This is not the cheapest type of investment among CDM-projects, but it at least has a medium likelihood of being additional (according to this report: https://ec.europa.eu/clima/sites/clima/files/ets/docs/clean_dev_mechanism_en.pdf ). Many other types of CDM-projects are unfortunately less likely to be additional.

Since last time we have learnt a bit about climate project investment and are now actively looking for other alternatives to CDM-project, such as Gold Standard or Fair Trade. We will keep you informed as our search for the most climate effective investments continue.

You can read more about the investment here: https://offset.climateneutralnow.org/6-mw-renewable-energy-generation-project-by-varam-power-projects-in-india-697-

And more details can be found here: http://cdm.unfccc.int/Projects/DB/DNV-CUK1160567400.19/view

View our certificate from investing in this project: https://www.goclimate.com/blog/wp-content/uploads/2017/07/1491461_2267.pdf

View our invoice from doing the investment: https://www.goclimate.com/blog/wp-content/uploads/2017/07/invoice_1491461_2267.pdf

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CategoriesInvestment

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