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.
Blue/Teal Carbon
Kenya
Mikoko Pamoja is a community-based project that is protecting and restoring mangrove forests along Kenya’s southern coast. By conserving these valuable blue carbon ecosystems and creating livelihood opportunities, the project is fostering marine health and improving the resilience of coastal communities. Funds from carbon offsets support community initiatives that supply clean drinking water, improve schools, and more.
Forests
Tanzania
The Yaeda-Eyasi Landscape Project helps Tanzania’s indigenous communities safeguard their natural resources and prevent their land from being converted into cropland by encroachers. In addition to 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.
Blue/Teal Carbon
Indonesia
The Rimba Raya Biodiversity Reserve 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.
Forests
Brazil
Located along the Madeira River, the Trocano Araretama Conservation Project is protecting a vast area of the Brazilian Amazon that is under imminent threat of deforestation. By improving living conditions and strengthening environmental monitoring and awareness, this project will conserve this critical ecosystem while improving quality of life for local communities.
Energy
Indonesia
The Asahan Hydro Power project reduces the carbon intensity of the energy infrastructure powering Indonesia’s rapid economic development. The Asahan power plant utilizes Indonesia’s abundant hydro resources to provide renewable electricity to the grid. The rural communities that live in the North Sumatra region will benefit from a more reliable electricity supply and new income-generating opportunities.
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 innovation projects.