Carbon Offset Demystified
Carbon Offset Demystified
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