Climate Impact Update – Q2 2023
In Q2 2023, our network supported three climate projects through our carbon offset program. These projects are accelerating the net zero transition by preventing the loss of 3.7 million acres of carbon-rich ecosystems and generating 1.2 million MWh of renewable energy. Read on to learn more.
We retire carbon credits on a quarterly basis and are committed to providing transparency about the projects supported. Carbon offsets purchased in Q2 of 2023 were distributed across the following portfolio of forestry, energy, and blue carbon projects.
Carbon Dioxide Equivalent (CO2e) by Project Type
Explore the Projects
Our Q2 2023 carbon offset portfolio was composed of three climate projects: Katingan Mentaya Project, Asahan Hydro Power, and Trocano Araretama Conservation Project.
Read on to learn more about each of these projects and how they are catalyzing climate action around the world.
Protects and restores one of the largest remaining peat swamp forests in Indonesia. Massive stores of carbon are locked beneath the swamp and the forest is home to over 5% of all Bornean orangutans and proboscis monkeys.
Reduces the carbon intensity of the energy infrastructure powering Indonesia’s rapid economic development. The hydro power plant generates renewable electricity for the Sumatra grid, improving the reliability of the power supply in rural areas.
Protects a vast area of natural forest along one of the Amazon’s largest tributaries. The project addresses key drivers of deforestation such as illegal logging, slash-and-burn agriculture, and a lack of economic opportunities.