The following project types generate carbon credits:
Renewable energy sources
By creating a renewable energy source, such as a wind farm or hydro-electricity plant, significant reductions in GHG emissions are generated, creating carbon credits. This is a popular type of credit for companies to purchase. This type of project has the added benefit of providing power as well as reducing emissions.
Manufacturing and Chemical Industries
These projects involve changing manufacturing processes to make them more environmentally-friendly. Industrial process changes can make significant reductions in carbon emissions.
By changing agricultural process techniques to methods which are more environmentally friendly, significant reductions in carbon emission can be achieved.
This refers to the process of switching transportation options to less carbon intensive means or introducing new technologies to improve vehicle fuel efficiency.
Afforestation & Reforestation
Forests are one of the most useful ways of reducing carbon as they naturally absorb GHGs. Afforestation refers to the process of establishing a forest on land that has never been a forest, or has not been one for a considerable period of time. Reforestation refers to restocking existing forests and woodlands which have been depleted. Projects such as these have the added benefit of safeguarding the habitat of hundreds of species of animals which rely on forest and rainforest for survival.
Wastewater treatment facilities have significant impact on reducing the environmental effects of various wastewater producing process and factories.
Many process and industries produce environmentally harmful methane, from landfill sites to mines and farms.
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Types of Projects