Newsletter

Subscribe to GCX News:



Home / OFFSET YOUR CO2 FOOTPRINT / GCX Offset Projects
GCX Offset Projects | Print |

For voluntarily offsetting your emissions, we offer you a broad range of projects to chose from. Together with you we will identify the best fit to your communication strategy and source offsets accordingly - you might find that domestic projects are seen favourably by your stakeholders, or you might opt for the least cost offsets, or might want to ensure that offsetting achieves more then just reducing emissions: assisting in development aid, saving rainforests, supporting renewable energy technologies.

Outside the Kyoto protocol, VERs are available for sale to corporations and individuals who want to offset their emissions for non-regulatory purposes. Those emission offsets are verified by independent agents, and not certified as a compliance instrument. However, they carry the possibility, though not a guarantee, that governments will consider them for future emission reduction requirements. Therefore we recommend that they operate as close as possible to the Kyoto Protocol requirements.

In such a way, you we will enable you to mitigate the remaining emissions of your business activities by purchasing emissions credits from projects that reduce GHG emissions and/or contribute to sustainable development at home or abroad.

You can choose from a broad range of projects: from solar thermal, wind energy and small & medium hydro projects, to forestry, avoided deforestation and soil sequestration.

Energy Efficiency & Savings

The focus on both energy Demand & Supply is believed to be the only path to a ‘sustainable, productive and competitive economy. We believe that the first step a company can take to reduce direct emissions, or emissions related to its products and services, is to screen its internal energy efficiency level and educate staff. This will lead to better performance, motivated staff as well as reduced utility bills and ensuing lower emissions.

The future will see Energy Efficiency on top of the energy agenda as ‘the other side of the renewable coin' (Marianne Osterkom, Director of the Renewable Energy and Efficiency Partnership).The International Energy Agency forecasts global investment of US$700 billion into energy efficiency over the next 25 yearss could reap resources in excess of US$1.4 trillion.

Clean Energy and Renewables

Beyond the implementation of energy efficiency, we offer you the possibility to offset your remaining emissions by investing in Voluntary Emissions Reductions (VERs) from clean and renewable energy projects, from

  • Wind
  • Solar
  • Biomass
  • Clean Energy like Landfill Gas ad Coal Seam Methane
  • Development Projects like rural electrification

Carbon Sequestration

Carbon Sequestration is the storage of atmospheric carbon into the biomass of vegetation like trees & bushes or into soils via agriculture management . Forestry, soils and ocean (where atmospheric carbon dissolves and forms carbonate rocks) are called ‘sinks'.
Sinks- Boreal Peat bogs, permafrost and Pine Forest are vital carbon sinks for the planet and therefore they can be accounted as major assets for the country that host them. In Canada, its value has been set at out 9% of GDP: more than 2 times that of conventional resources. Mark Anielski (Canada) has put the value of ‘ecosystem services' at $220 billion per year or $160 per ha. These services include:

  • Flood control
  • Water purification
  • Pest control (through forest birds)
  • Meat from wildlife

Forestry - Afforestation/Reforestation

Emissions stored in forest projects can generate so-called Removal Units (RMUs). These can be traded under CDM or JI. Restrictions for the 2005-2007 period have applied on any RMUs, ERUs or CERs generated by projects based on Land Use, Land Use Change & Forestry (LULUCF) activities.

Soil sequestration

Soils have an enormous potential for sequesting carbon. The way soil is being treated in agriculture can make a huge difference in the CO2 that is being banked into the soil. Innovative methods are now known and spreading. However, this is still a new field and not yet integrated under the Kyoto Protocol and other mechanisms. Hence carbon offsets this poses a huge opportunity for the future, and great potential for supporting innovative projects by investing in their carbon credits.

Avoided Deforestation

Deforestation contributes about 20% to global CO2 emissions. Deforested land is worth US$200-500 as pasture and releases about 500 tons of CO2 . A ton of CO2 equivalent is paid US$15 to offset. This means that the same land could be worth $1,500-10,000 if left as forest and used to offset-or trade against- carbon emissions in industrial world (Kenneth Chomitz, leading World Bank's Economist)

This is increasingly being considered for inclusion under Kyoto CDM projects. Under this system developing countries will be allowed to access carbon finance by establishing protection systems over their tropical forest resources that will support carbon sequestration while enhancing and securing biodiversity. Avoided Deforestation simply allows that countries to receive an allocation over their forestry resources, parts of which can be traded. Countries will thus be able to create a cash flow which allows them to protect their forest resources.

We have access to prime forests in Brasil and Indonesia, two of the hot spots of deforestation in the world.

These credits can have a significant additional social and bidiversity benefits, and are therefore very attractive to consumers.