Energy Transition

Our most cost-effective option, the emission reductions achieved by this portfolio are tackling the largest problem directly replacing fossil fuels.

The energy sector is the largest source of emissions, at nearly 75% of global annual emissions. This portfolio of projects tackles this by improving renewable energy infrastructure globally, supporting the energy transition from fossil fuels to renewables, as well as energy resource efficiency.

An example of one of the projects your purchase will support is Clean Power Portfolio, Global South made of projects registered under the UN Clean Development Mechanism (CDM).

Challenge: Developing economies like India have seen clean power supply grow rapidly in recent years. Electricity is roughly a fifth of global energy consumption, so financing renewable energy is critical to the global energy transition. Supporting the development of clean power supply supports a just transition. 

Solution: Carbon finance, delivered by companies who offset their emissions, provides essential funds to support the development of global renewable projects. Energy generation is one of the biggest emitters of greenhouse gases, and renewable energy investment is a fast and effective solution to reduce these emissions. 

Impact: This portfolio of projects in countries such as India directly increases the global share of renewables in the global energy mix while reducing emissions by displacing fossil fuels. Carbon financing for renewable energy projects accelerates our low-carbon transition while supporting infrastructure reliability and resilience for consumers.