Renewable energy generation
Wind power generation in India
About 70% of India’s electricity is generated by fossil fuels but wind is playing an increasing role in the generation mix.
This bundled wind power project, fully certified by the verified carbon standard (VCS), spans various states across India that have traditionally been reliant on fossil fuel generated electricity. The project plays a vital part in India’s shift towards a low carbon economy by generating electricity from a renewable resource and supplying it to the state grid.
The Gansu province solar project in China
Similarly, 85% of China’s electricity is comprised of non-renewable sources.
The sale of carbon credits from this VCS certified solar power project is financing the construction and operation of a 100MW solar photovoltaic plant in Guazhou county, Gansu Province. As a result, it is contributing to China’s sustainable development and supporting its shift towards a low carbon economy.
Aligning with the Sustainable Development Goals
SDG 7: Ensure access to affordable, reliable, sustainable modern energy
The construction of these renewable sites across two growing economies is helping to close the supply-demand energy gap that currently exists in parts of Asia by generating electricity from renewable sources of energy.
SDG 8: Promote sustained, inclusive and sustainable economic growth
Both projects are providing opportunities for employment in the local communities, which include maintaining, operating and general running of the sites.
SDG 13: Take urgent action to combat climate change and its impacts
Renewable technologies will play a vital role in our fight against climate change. The projects are helping to raise awareness in the local areas of the impacts of climate change and playing an active role in its mitigation by shifting electricity generation away from non-renewable sources.
The results opposite show the full positive impacts of both projects to date. Funding from voluntary carbon offsetting is ensuring that they keep delivering environmental and social value into the future.
- A reduction in the reliance on energy generation from fossil fuels by assisting communities in India and China to gain access to renewable and sustainable sources of electricity.
- Provision of jobs in local communities in construction and maintenance.
- Improvement to the livelihoods of the families employed by the projects.