November 2022 Offsetting Projects
Southern Cardamom REDD+ Project
Situated in Cambodia, the Southern Cardamom REDD+ Project is an initiative designed to combat one of the major drivers of climate change, tropical deforestation, whilst promoting and maintaining biodiversity through the project’s existence. Spreading across 445,339 hectares, the area is globally significant for ecosystem servicing, wildlife conservation, and community livelihoods, serving as the region’s most important climate change mitigator. It has helped to avoid emissions of approximately 12 million tCO2e during the first monitoring period, and over 115,000 million tCO2e over the lifetime of the project.
The project creates new and sustainable livelihood opportunities for locals, from direct employment to alternative income-generating activities and initiatives to stimulate investment from businesses. Ultimately, resulting in reduced environmental pressure and an increase in community well-being. Further benefits see the project protecting habitats and endangered species in an effort to conserve wildlife.
Asahan 1 Hydroelectric Power Plant
Next up, located in North Sumatera Province, Indonesia, the project takes advantage of the natural flow of the Asahan River which receives water from its natural source, Lake Toba.
The project aims to supply zero-emission energy to Sumatera Grid, a grid with relatively carbon-intensive electricity supply that is located in Sumatera island. The project is expected to reduce emissions of greenhouse gases by an estimated 945,875 tCO2e per year during the first crediting period and 1,021,075 during the second crediting period.
The project complies with sustainable development criteria by positively generating renewable energy sources whilst helping to sustain and preserve its natural environment through good use of run-of-river technology. As well as alleviating the dependency on fossil fuel use in energy sectors, thus improving air quality.
Increasing employment opportunities also arise in the location of the project, with qualified locals being permanently employed for operations. Temporary jobs are also created throughout the project’s construction stage. Find out more >
Xinjiang Dabancheng Wind Farm Phase 1 Project
Located in the Xinjiang region of China, the Dabancheng wind farm consists of 33 wind turbines that combine to produce a total capacity of 49.5 MW, annually, supplying energy to the Northwest China Power Grid. Altogether, the project produces approximately 129,195MWh, with annual emission reductions of 99,144 tCO2e.
The wind farm enhances employment opportunities in each stage of the project, which, in turn, benefits the development of the local region through increased income and economic growth. Additionally, the reduction of CO2 emissions improves the air quality of wider communities.
Find out more
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