![]() ![]() Assurance that the reduction would not have happened without the financial contribution as an enabler (i.e.Projects that are eligible under the P&WC Carbon Offset Service must be certified with recognized standards to ensure: The CO 2 offset is achieved by investing in projects that reduce CO 2 in the atmosphere, such as protecting areas from deforestation and replacing fossil fuel power stations with wind farms. CO 2 reduction from a different location than the CO 2 source is a viable option, as CO 2 has the same effect on the atmosphere wherever it is created or compensated. The project also fosters economic opportunities for local communities through sustainable farming and the sale of acai berries and medicinal plants, promotes environmental stewardship, and provides health services and educational courses.ġ P&W reserves the right to source carbon offset credits originating from other projects at its entire discretion.Ĭarbon offsetting, also referred to as carbon compensation, is the term used for the action of reducing carbon dioxide (CO 2) in the atmosphere to compensate CO 2 emissions produced elsewhere. This simultaneously preserves the areas rich biodiversity and mitigates the release of CO2 emissions. ![]() The Envira project in Brazil’s Amazon basin protects 39,300 hectares of tropical forest from logging and encroaching cattle ranches. It also runs 2 community camps, together with UNICEF, to empower young women by educating them on their rights, creative abilities and skills in healthcare, while a safe water project provides clean water, sanitation education and improved latrine services. This includes investment to improve access to education, clean water and a focus on reducing unemployment for young people in the area. Mytrah Wind, the project owner, also runs a wide corporate social responsibility scheme that supports the wellbeing of local communities. Therefore, it results in a reduction of greenhouse gas emissions. The clean power produced by the project displaces an equivalent amount of power from the grid, which is fed mainly by fossil fuel-fired power plants. Waterborne and respiratory diseases are reduced thanks to better sanitary conditions. Families resources are freed up and can take part in other income-generating activities, household tasks or taking care of each other. Children do not have to spend as much time gathering water or firewood, so they can dedicate time to studying. This project restores and repairs existing boreholes to provide clean drinking water to Rwandan communities, removing the need to boil water for purification which creates greenhouse gas emissions as well as deforestation on surrounding forests where firewood is sourced.īy providing safe water to communities, this project sparks a chain of positive benefits. Service charges are flat (no escalation) for the 12-month period following service enrollment. Operators who pay taxes on their ESP™ invoice will also have to pay taxes on charges for this service. The service charges are on a pay-per-hour basis with no minimums and are added to your ESP™ invoice. Carbon Offset Service Rate ($ USD per engine operating hour)
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