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Climate Impact Update – 2024 Portfolio 4

Our fourth Climate Impact Portfolio of 2024 supports five carbon offset projects around the world. Read on to learn more about the impact these projects are creating for the climate, communities, and biodiversity.

Carbon offsets purchased from Portfolio 4 of 2024 are distributed across the forestry, energy, innovative climate technology, and blue/teal carbon projects listed below.  

Carbon Dioxide Equivalent (CO2e) by Project Type

A donut chart shows climate impact portfolio allocation to blue/teal carbon, forests, energy, and innovative climate tech carbon offset projects

Impact in Numbers

Altogether, these projects are accelerating the net zero transition by: 

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Preventing the loss of 1.06 million acres of carbon-rich tropical ecosystems

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Generating 370 GWh of clean energy yearly instead of burning fossil fuels

Creating 1.9 million liters of biochar that removes carbon and locks it in the ground

Restoring over 11,074 acres of peat swamp forest by planting native trees

Explore the Projects

Portfolio 4 of 2024 is composed of five climate projects: Keo Seima, Wongphai Bamboo Biochar, Larimar Wind, Yaeda-Eyasi Landscape Project, and Katingan Mentaya Project.

Read on to learn more about each of these projects and how they are catalyzing climate action around the world.

36.6% of portfolio

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Forests

Cambodia

This project conserves a tropical forest sanctuary that holds significant cultural and economic value to the Indigenous Bunong people. The project cuts emissions from deforestation by protecting this area from unsustainable farming and logging and addressing social issues like hunger and poverty that drive communities to extractive practices. Along with safeguarding tree species that cannot be found elsewhere, the sanctuary impedes wildlife trafficking and provides a refuge for endangered species like the yellow-cheeked gibbon.

0.2% of portfolio

Innovative Technology

Thailand

Small-scale bamboo farming is a central part of Thailand’s cultural fabric. The country’s long history of bamboo cultivation supports industries such as construction, tourism, agriculture, and fisheries that utilize bamboo materials. When bamboo poles are processed, unusable parts are burned, releasing CO2 into the atmosphere. This project repurposes bamboo waste into biochar, avoiding these emissions and creating long-term carbon removals. Bamboo and rice farmers use biochar as an organic fertilizer, improving soil health, boosting climate resilience, and enhancing agricultural productivity.

38.3% of portfolio

Energy

Dominican Republic

The Dominican Republic’s booming tourism industry consumes a hefty amount of energy, with fossil fuels accounting for most of the supply. Set in a less developed part of the country, the Larimar Wind Farm utilizes the breezes that blow in from the sea to generate clean, grid electricity. By creating local employment and improving education, job skills, health, and safety, the project fights the inequalities that all too often affect rural communities. The Larimar Wind Farm reduces the over reliance of imported fossil fuels and provides clean energy to homes in the Dominican Republic.

3.2% of portfolio

Tree icon green

Forests

Tanzania

This project helps Tanzania’s indigenous communities safeguard their natural resources and prevent their land from being converted into cropland by encroachers. With a focus on preserving their forested homeland and traditional lifestyles, the project provides the communities with a new income stream and funds social initiatives that improve access to education and healthcare.

21.7% of portfolio

Blue/Teal Carbon

Indonesia

This project is protecting and restoring one of the largest remaining peat swamp forests in Indonesia. Massive stores of carbon are locked away beneath the swamp’s surface, while the aboveground forest is home to over 5% of all remaining Bornean orangutans. The project also enhances the quality of life of rural communities by creating livelihood opportunities, formalizing land rights, and improving public services.

Offset Carbon to Support Our Climate Impact Portfolio

When you offset carbon with us, you’ll support our Climate Impact Portfolio. Though particular projects vary from one quarter to the next, our portfolio always includes a mix of forestry, energy, blue/teal carbon, and innovative tech projects.

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