Climate Impact Update – 2024 Portfolio 7

Our seventh Climate Impact Portfolio of 2024, released on December 25, 2024, supports six 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 7 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: 

white forest icon

Preventing the loss of 1,364,000 acres of carbon-rich forests

White energy icon

Generating 370 GWh of clean energy yearly and replacing 20,000 inefficient cookstoves

Applying mycorrhizal fungi to 20,000 acres of crops to enhance soil carbon removal

Protecting 90,000 acres of tropical peat swamp that stores teal carbon.

Explore the Projects

Portfolio 7 of 2024 is composed of six climate projects: Southern Cardamom, Garo Clean Cookstoves, Rootella Carbon, Larimar Wind, Rimba Raya Biodiversity Reserve, and Yaeda-Eyasi Landscape Project.

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

42.1 % of portfolio

Tree icon green

Forests

Cambodia

The Cardamom Mountains in Cambodia, home to one of Southeast Asia’s last primary rainforests, face critical threats from deforestation and wildlife loss. This project addresses these challenges by providing local communities with alternative incomes in conservation and tourism, access to micro-loans, and education. It supports the transition from destructive farming, strengthens land rights, and enhances enforcement to deter illegal logging and poaching.

5.3 % of portfolio

Energy

India

The Garo Hills of India, with its dense forests, abundant wildlife, and cultural heritage, offers tourism potential for the Indigenous communities that reside there. However, the widespread use of inefficient wood-fired cookstoves releases hazardous emissions, causing serious health risks, driving forest loss, deepening gender disparities, and perpetuating high poverty rates. This project addresses these challenges by introducing cleaner cookstoves that require less firewood, improve air quality, and shorten cooking times. It also empowers rural communities through diversified job opportunities, sustainable tourism development, and enhanced quality of life.

1.0 % of portfolio

Innovative Technology

United States

Rootella is a seed treatment and soil additive full of mycorrhizal fungi that create a symbiotic relationship with crops and increase plants’ natural ability to sequester carbon in the soil. The fungus extends the plant root in an underground web, significantly improving nutrient uptake and making crops more resilient to climate change impacts like storms and drought. This results in healthier plants that require less chemical fertilizers and larger harvests that strengthen food supplies. Farmers benefit economically from higher crop yields, lower fertilizer expenses, and carbon credit revenues.

27.9 % 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.

21.1 % of portfolio

Blue/Teal Carbon

Indonesia

This project is conserving a peat swamp forest in Indonesian Borneo that was slated for conversion to palm oil plantations. Along with protecting this carbon rich ecosystem, the project supports the reintroduction of critically endangered orangutans into their wild habitat. By addressing issues such as poverty, hunger, and disease, the project is tackling the root causes of deforestation while improving local livelihoods. 

2.6 % 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.

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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