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May 17, 2023South Pole Carbon Asset Development Program Q2 // Appy by 30th June
South Pole, an institution that develops and implements comprehensive emission reduction projects and strategies that turn climate action into long-term business opportunities for companies, governments, and organizations around the world has opened applications for South Pole‘s Carbon Asset Development Program for the Q2 2023 cycle.
There has been an increased interest in carbon credits from corporates and individuals looking to offset their carbon footprint.
Innovative start-ups and companies in sustainable technology and clean energy solutions, community water systems, and those interested in developing carbon credit projects are welcome to apply.
South Pole is the leading global carbon project developer and climate solutions, provider. We connect the projects we manage to our broad range of buyers across the globe who are increasingly interested to purchase credits, certificates, and offsets as part of their voluntary corporate climate pledge
Successful ventures in the program will benefit from:
- Support in the development of the project description documentation with relevant annexes and calculations.
- Contract and work with an independent auditor to get a project validation and certification that confirms that your project complies with the rules of the different standards.
- Contract and work with an independent auditor for the project verification, meaning the ex-post confirmation that the project has successfully reduced emissions.
- Manage the project’s carbon credits registry account and issue, transfer, and retire the carbon credits.
- Deliver the carbon credits to our global network of buyers.
- Further support will be offered depending on unique project scenarios.
Eligibility requirements
- Cookstoves: Have the capacity to distribute 8,000 stoves within the first 2 years of the project.
- Community Water Systems: 10,000 houses included in the project, within 500 meters to 1 kilometer from the water point
- Renewable Energy: Minimum 10MW (or bundle different projects within the same country e.g 5MW x 2 = 10MW)
- Biomass: Biogas and Bio-composting made from farming biomass waste – 36,000 tonnes of waste used a year.
- Other technologies welcome to apply
South Pole is also seeking to source energy attribute certificates, commonly known as renewable energy certificates (RECs), from small-scale distributed solar assets from across Africa.
This is for the D-REC Initiative scheme, a new program aiming to increase revenues for distributed solar developers. You can find out more about D-RECs here.
Specifically, South Pole is currently seeking eligible projects from Ghana, Senegal, Côte d’Ivoire, Cameroon and Angola
Projects of interest are small-scale solar projects, typically from 50 Wp up to 1 MWp in size, and include:
- Off-grid or grid-connected projects
- Rural electrification projects
- Water desalination projects
- C&I projects
- Agricultural projects
- Healthcare projects
- Education projects
To be eligible, your project should have access to the electricity generation data from your project, ideally via remote monitoring.
Additionally, you must have ownership of the environmental attributes of your project and not be monetizing your project via any other environment.
If this sounds interesting apply by June 1st. All the best!