The solar farm generates renewable electricity in rural India, reducing reliance on fossil fuel power plants while providing more reliable and lower cost energy supply to communities.
The project is estimated to reduce carbon emissions by approximately 694,471 tonnes per year.
Benefits of the project:
- Reduces carbon emissions by more than 690,000 tonnes per year.
- Provides more reliable electricity to rural Indian communities, traditionally reliant on old and unreliable fossil fuel plants.
- Creates local employment, with 10-20 full time skilled jobs.
- Carbon offset revenue also supports other community activities, including:
- firefighting training for the local community;
- medial infrastructure;
- street lights and community infrastructure.
Carbon offsets (also known as carbon credits) are a powerful tool for individuals and businesses to become carbon neutral. By purchasing carbon credits from emissions reducing projects in Australia and abroad, your net environmental footprint is reduced while also supporting community development, environmental protection and much more.
We independently assess emission-reduction projects to ensure the maximum impact from your carbon offsets. Using academic research from the Stockholm Environment Institute (a leading independent research institute for sustainable development), we assess each project to ensure it is:
Independently certified
All offsets are certified under independent, international accreditation programs (Gold Standard and VERRA VCS).
Socially responsible
All offsets have a positive social impact in addition to their environmental benefit (for example, poverty alleviation).
Net positive
Offsets must enable an emission-reducing project to be commercially viable. If the project would proceed without revenue from carbon offsets, the offset does not have an additional benefit to the climate.
Accurate and permanent
Offsets must accurately reflect one tonne of emissions reduced or removed from the atmosphere, be permanent emissions reductions, and be sold only once (not double counted).
Carbon Co. is managed by small team in Sydney. We founded Carbon Co. based on years of personal experience running technology businesses that purchased large volumes of carbon offsets: as a customer purchasing offsets, we realised that the carbon market was complex, misunderstood, but exceptionally powerful. We set out to make the carbon offsets accessible to retail customers and small businesses.
We carefully select the most effective emissions reduction projects worldwide, with our team (that is qualified in environmental science, law and finance) analysing projects before purchasing carbon credits on the global market on your behalf. We use our Impact assessment framework (based on leading academic research from the Stockholm Environment Institute to ensure that all projects and offsets have a real impact in combating climate change.
Transparency, accountability and efficacy are our core values. Our carbon offsets support only projects independently verified under international carbon offset standards (such as VERA), and we publish regular reports on our projects.
We are the first carbon offset provider in Australia to achieve a B Corporation certification, independently verified as a purpose-driven and socially responsible organisation.