New Sprout is a proud investor in the following verified carbon offset projects:
Wind Power Project in Tamil Nadu, India
The main purpose of this project activity is to generate a clean form of electricity through renewable wind energy source. The project involves installation of 250 MW wind power project in Tamil Nadu state of India. Over the 10 years of first crediting period, the project will replace anthropogenic emissions of greenhouse gases (GHG’s) estimated to be approximately 7,07,799 tCO2e per year, there on displacing 755,550 MWh/year amount of electricity from the generation-mix of power plants connected to the Indian grid, which is mainly dominated by thermal/fossil fuel based power plant.
India’s reliance on coal
India is a heavy coal user and the turbines will help overcome this reliance on polluting fossil fuel. The wind energy harnessed at a particular site is proportional to the air density, the sweep surface and the cube of the wind speed. India’s National Institute of Wind Energy reports that the gross wind potential in Tamil Nadu is 68,750MW at 120m above ground level.
Maísa REDD+ Project
Reduced Emissions from Deforestation and Degradation
“In the lower Tocantins, vegetation is dense and compact as if water and woods were combined upon the edge of ravines to prevent the profane entrance of men. Wetland of the rubber tree, the cocoa, the ubuçu; palm whose fiber the regional wide brim hat is made, the Buriti, which produces quite tasty fruits, the wild arrack, the açaí, the jupati, the piquiá, the ucuuba, which produces a fatty fruit used in the manufacture of candles, the andiroba tree, the pau-mulato, the aninga, the aturia. But upon the rising of Baião, city on the right bank, the thirty meters above river level disclose the higher regions far beyond. The chestnut trees begin to build up their impressive size, accompanied by the green retinue of less thick wild genipa forests, kapok, cassie, itaúba, pink lepacho, salmwood, cedar, rosewood” (Leandro Tocantins, 1973).
The Project REDD+ Maísa promotes forest conservation and emissions reductions from unplanned deforestation by attributing value to “standing forest” by integrating its multiple use in a sustainable fashion: the sustainable forest management with low impact logging techniques, small scale agriculture, collecting non-wood forest products and trade of environmental services credits. The Project is located in Moju, PA, Brazil and covers 28,752 hectacres of privately owned loand. “Climate”: An amount of 2.023.743,8 tCO2eq emissions will be prevented by project’s activities, while 2.342.920,8 tCO2eq would be emitted at Project absence. On average, 67.458,1 tCO2eq yearly will be prevented by the Project activities.
- Community”: Empowerment of local communities on the regionaldecision making process and public policies; Development of communities organizational aspects; and development of more sophisticated business chains for small scale agriculture and grazing sector through rural technical assistance and market studies.
- “Biodiversity”: The maintenance of the project’s area forest cover will guarantee habitats protection, ecosystem balance and best practices applied on the low impact logging techniques will favor the habitats quality. Moreover the project will benefit the regional biodiversity by mitigating landscape fragmentation aspects since it will behave as an “ecological corridor or springboard” to biodiversity on the landscape level.
- Exceptional Biodiversity Benefits. Projects conserve biodiversity at sites of global significance for biodiversity conservation selected on the basis of the Key Biodiversity Area (KBA) framework of vulnerability (Project Zone includes critically endangered species according with IUCN Red List).