Renewable energy is generated from resources that are naturally replenished. The six main types of renewable energy sources are hydro, wind, biomass, biogas, solar and geothermal. By taking advantage of these clean ways of producing energy, these projects displace energy generated from carbon-intensive generation sources. Often, more energy than needed locally can be produced, so clean electricity can be fed into the regional or national grid. In addition, where they displace fossil-fuel energy, they also improve environmental and public health conditions.
Technical and/or organizational improvements can increase your energy efficiency, reduce your energy consumption and your electricity bill considerably and thus ultimately give you an edge over competitors.
Methane is 21 times more harmful than carbon despite its shorter life span. It is produced naturally by wetlands and farm animals, but also emitted by landfill sites. Methane flaring project prevent methane from being released into the air by transforming it into carbon dioxide, which is much less harmful. Methane avoidance projects reduce the release of methane into the atmosphere from landfills or coal mines by reducing leakage or improving the efficiency level. In addition, the captured methane can be used as a power source in a biogas plant.
Deforestation accounts for 20-25% of annual global greenhouse gas emissions. We therefore believe that it is important to restore forests and promote sustainable forestry use. Afforestation and reforestation of natural forests, sustainable forest management as well as avoided deforestation are central to a holistic climate change mitigation approach. To ensure sustainable climate benefits, we require verifiable evidence for the quantification and permanence of the carbon absorption of forests. All of our forestry projects are verified by the CCB Standards from the Climate, Community and Biodiversity Alliance (CCBA).
The majority of energy is generated by the combustion of fossil fuels. The amount of carbon emissions from burning fossil fuels depends on the fuel used. Whereas lignite coal is a highly polluting coal with a relatively low energy content, natural gas burns cleaner than oil or coal, and produces less carbon dioxide per unit energy released. For an equivalent amount of heat, burning natural gas produces about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. Promoting the switch from carbon-intensive fuels to fuels with lower carbon content offers an important option to save GHG emissions.
Despite the large contribution of the transport sector to worldwide emissions, transport remains largely unregulated and untouched by efficiency increases. Project-based carbon finance can play an important role to tap the huge emission reduction potential in the transport sector and promote sustainable mobility. For example in the modernization of urban public transport systems: Prominent measures include the establishment of Bus Rapid Transit Systems and investments in rail-based systems such as Light Duty Rail or metro lines. The GHG reductions achieved by such investments can be captured through the voluntary carbon market, thus making these investments economically viable and reducing implementation barriers.
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