PRESS RELEASE: London, 1st May 2007
Green cement project acquires environmental best practice approval
Putting the D into CDM
Acquiring Carbon Finance for Development Projects
A workshop in London on 15th June 2009 for those thinking about participating in carbon projects with social benefits to help understand them better.
Latest News
Offsetting to combat global poverty
We are working to finance offset projects that combat global poverty
Last week our green cement project acquired formal approval of its compliance with one of the most respected standards for developing offset projects, the Voluntary Carbon Standard. The project is expected to generate 500,000 tonnes of carbon emission reductions each year.
The audit (formally known as "validation") was carried out by leading environmental verifier, SGS, an entity that has UN accreditation to validate regulatory GHG emission offset projects that are implemented in accordance with the Kyoto Protocol.
The validation process, which has taken around 6 months to complete, provides customers with the much needed assurance that any offsets they buy from CarbonAided are only created by projects that are implemented in accordance with environmental best practice. In particular, the audit process verifies that the emission savings created by the project:
- are additional to business as usual
- can be monitored and verified
- are only being sold via one trading mechanism
- are net of any leakage emissions (such as emissions associated with the transport of raw materials and finished products to and from manufacturing facilities)
For more information see the case study page.