Page 24 - Economy_Fair Trade International Trade
P. 24

24



        Emission Reduction (Carbon Credits)


        The carbon credits are used for carbon offsetting and the Gold Standard carbon credits include:
        • Verified Emission Reductions (VERs) for voluntary climate action.
        • Labels for Certified Emission Reductions (CERs) for meeting compliance targets.


        The financing and purchasing of carbon credits are relevant for organizations and individuals for taking
        responsibility for their emissions. The action of financing is profitable for business because of the following
        reasons:
        • Deliver on best practice corporate climate action.
        • Contribution to Paris Climate Agreement and SDGs.
        • Civil recognition from society organizations and climate-conscious customers.


        Black Carbon Reductions


        Black carbon and other short-lived climate pollutants (SLCPs), products of burning coal, diesel, crop residue
        and firewood. The Gold Standard has developed the first-ever methodology to measure SLCP reduction.


        • Through the finance of reducing the black carbon the organizations can:
        • Support projects that provide an immediate and measurable impact.
        • Support the implementation.




        4.4 Cases and Best Practices


        Case 1: Darfur Low-Smoke Stoves Project

















                       Source: Darfur Low-Smoke Stoves Project (Gold Standard, 2019)

        “Cooking with wood meant that the whole house was full of smoke. It’s a house made of hay and inside it
        is completely black. I have serious eye problems as a result of the smoke – I was going blind because of the
        smoke. I think the LPG stove has saved my sight.” – RANDA FAUDUL ALI, project beneficiary living in the
        village of Kafute.


        The project brings the opportunity to families from North Darfur to replace the traditional charcoal fires
        with energy efficient and clean-burning liquefied petroleum gas (LPG) cook stoves.
   19   20   21   22   23   24   25   26   27   28   29