First Climate enters into collaboration with the Impact Water program

As of now, First Climate is an exclusive cooperation partner with project developer, Impact Water, who equips schools in Nigeria, Kenya and Uganda with systems for water treatment. This partnership sees the combining of competencies from both parties to effectively work together towards climate protection and sustainable development. Through the collaboration, First Climate will secure the marketing rights for the sale of all available emission reduction certificates produced by the project. The partnership comes as part of a comprehensive initiative launched by First Climate to secure carbon reductions from high-quality projects in the long-term.

 

 

“We see this initiative as an important step in financially supporting high-quality, additional climate protection projects in the global south and least-developed countries in the future. With this in mind, our project initiative represents a commitment to voluntary carbon offsetting. We believe in the principles of market-based climate protection and the voluntary carbon market under the forward-looking rules of the Paris Agreement,” explains First Climate CEO, Jochen Gassner.

Impact Water – Clean drinking water for schools in Africa

The project developer, Impact Water, has long been committed to the implementation of climate projects in Africa. The sister company Impact Carbon has been working closely with First Climate for a long time already as part of cooperation on a household energy efficiency project in Uganda. First Climate has already been an exclusive buyer of credits from this project for a while. This new collaboration with Impact Water’s project is an expansion of the two companies’ cooperation. The partnership will initially run until the end of 2025.

Using funds generated through voluntary carbon offsetting, Impact Water enables the installation and operation of water treatment facilities at schools in Uganda, Kenya and Nigeria. Contaminated water is treated using UV systems, water filters or by adding chlorine. It is then available either as drinking water or for sanitation facilities in schools. Until now, water could only be sanitized by boiling water, often using environmentally damaging solid fuels. Compared to this common practice, the Gold Standard-certified project avoids the emission of around 600,000t CO2e every year.

“We are very pleased to be collaborating with First Climate, through whom we can secure long-term financing for our projects and the associated co-benefits for project beneficiaries and the environment,” says Evan Haigler, Chief Executive Officer of Impact Water. “Throughout our previous partnership. We have come to know and appreciate First Climate as a reliable partner with whom we wish to continue our activities in Africa.”

Enabling long-term commitment to climate protection

“Since the Paris Agreement came into force, we have seen a trend of companies implementing net-zero strategies and an increase willingness to get involved in long-term climate strategies,” explains Jochen Gassner. “As a result, the need for emission reduction certificates from high-quality projects is going to remain high and could even increase. By collaborating with Impact Water, we gain direct access to the project and are able to meet this demand in the long run, which allows us to continue fully enabling our customers and partners to commit to climate protection.”

First Climate’s own project development in India and Latin America

In addition to our work with Impact Water, First Climate is also about to finish developing its own project which supplies households in Uttarakhand, northern India with sustainable biogas. Around 10,000 smallholder households will be equipped with a biogas system, enabling them to generate clean energy for cooking and heating. The systems can be fed using manure from animal husbandry and household waste. By using sustainably sourced biomass to replace non-sustainable forms of energy generation, the project directly contributes to a reduction in carbon emissions. The project will be certified under the Gold Standard and emission reduction certificates will be available next year.

In addition to this, the coming year also sees First Climate complete a REDD+ forest protection project in Mexico, which is currently being developed in partnership with a customer.


“Thanks to the partnership with Impact Water and the projects in India and Latin America we are currently in the process of developing, we are able to not only support but actively shape the future development of the voluntary market. We look forward to continuing to make a positive contribution to voluntary climate protection together with our partners.”

Jochen Gassner, CEO First Climate

Header picture (C) Emily Ward