Climate Impact Update – Q3 2023
In Q3 2023, our network supported five climate projects through our carbon offset program. Read on to learn more about the impact these projects are creating for the climate, communities, and biodiversity.
We retire carbon credits on a quarterly basis and are committed to providing transparency about the projects supported. Carbon offsets purchased in Q3 of 2023 were distributed across the following portfolio of forestry, energy, and blue/teal carbon projects.
Carbon Dioxide Equivalent (CO2e) by Project Type
Impact in Numbers
Altogether, these projects are accelerating the net zero transition by:
Preventing the loss of 3.6 million acres of carbon-rich ecosystems
Generating 1.1 million MWh of clean energy yearly instead of burning fossil fuels
Planting 321,500 mangroves and trees which will absorb CO2 as they grow
Explore the Projects
Our Q3 2023 carbon offset portfolio was composed of five climate projects: Mikoko Pamoja Project, Yaeda-Eyasi Landscape Project, Rimba Raya Biodiversity Project, Trocano Araretama Conservation Project, and Asahan Hydro Power.
Read on to learn more about each of these projects and how they are catalyzing climate action around the world.
Protects and restores mangroves, which are important blue carbon ecosystems and habitats for marine life. As a result, this project builds coastal community resilience, while improving well-being through economic opportunities, education, and clean drinking water.
Protects indigenous forestland from being converted into cropland by encroachers. This project conserves a critical wildlife corridor and supports land rights and traditional livelihoods of indigenous pastoralists and hunter-gatherers.
Safeguards a carbon-rich peat swamp forest that is critical to orangutan rehabilitation by combating poverty, wildfires, and encroachment. Without the project, this ecosystem would have been destroyed for palm oil production.
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.
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.