Written By: Our fourth Climate Impact Portfolio of 2024, released on August 19, 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
Impact in Numbers
Altogether, these projects are accelerating the net zero transition by:
Preventing the loss of 1.06 million acres of carbon-rich tropical ecosystems
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
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.
Latest Updates
The “Carbon Phoenix” stands as the world’s largest biochar art installation, utilizing over two tons of bamboo biochar to symbolize environmental rejuvenation and transformation. Created by artist Benjamin Von Wong and engineers Teerasak Sirijan and Anon Passadoa for the WongPhai farm, the sculpture highlights the untapped potential of biochar in sequestering carbon and restoring soil health. Each feather, meticulously crafted from pyrolyzed bamboo offcuts, represents the conversion of agricultural waste into a valuable resource, embodying a cycle of renewal that both combats climate change and heals the land.
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
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.
Latest Updates
In 2023, the project generated over US$570,000 for remote communities through carbon credit revenue, directly improving healthcare for 21,294 people and supporting the education of 1,604 children. These funds enabled the construction of medical facilities and school renovations, while also allowing the Hadza community to buy back ancestral lands. This reclaimed territory now serves as a vital buffer zone against deforestation, securing both cultural heritage and critical wildlife habitats.
To ensure transparency, the Social Return on Investment (SROI) methodology was applied to the Yaeda Valley, revealing that every $1 invested generated $25 in social value, with a total Net Present Value of $8,628,015. This measurable impact is further validated by a new deforestation map, which visualizes the persistent environmental threats in the surrounding area. This data-driven approach confirms the project’s efficacy in protecting vulnerable ecosystems while delivering substantial, verified benefits to local populations.
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.
Latest Updates
To protect the vulnerable peat swamps of Katingan Mentaya, the project has implemented the OroraTech system, which utilizes Earth observation technology and intelligent climate models to monitor fire danger in real-time. Data from 2011–2021 indicates that these remote sensing alerts, combined with the training of over 800 farmers in no-burn practices and the employment of 1,380 community firefighters, have significantly reduced fire impact. This success was particularly evident during the 2019 El Niño season, where the project area suffered substantially less damage compared to the surrounding region and the devastating 2015 season.
Beyond fire prevention, the project fosters sustainable livelihoods and infrastructure to reduce reliance on illegal logging. In Desa Satiruk, former loggers have been empowered to transition into successful poultry farming through specialized livestock training and initial equipment provisions. Simultaneously, the project has brought renewable energy to the off-grid village of Tampelas by installing rooftop solar panels, replacing limited generator use with a reliable, sustainable power source for families living deep within the forest.
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.
