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Carbon Offset Demystified

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Saving more than the environment:<br />

Mini-Taxi Engine Retrofits in the Philippines<br />

•Size: 100K tCO2e<br />

•Providing support to a local business that converts<br />

two-stroke mini-taxi engines to modern fuel-injection<br />

technology. More efficient engines reduce carbon<br />

emissions and ambient air pollution.<br />

•Monitoring: Project created and managed by our local partner Envirofit. Project<br />

will be submitted to the CDM Executive Board with independent verification by a<br />

UN Designated Operational Entity.<br />

•Why we like it:<br />

– High climate change reduction potential<br />

– New business opportunities for local entrepreneurs<br />

– Improving air quality in cities<br />

– Reduced fuel costs for taxi drivers

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