CO2 AND SUSTAINABLE PROJECTS
To offset the inevitable CO2 emissions (e.g. natural gas consumption), we were keen to join a development cooperation project assisting Ethiopian rural communities.
The project, which started in 2016, is led by national NGO COOPI, which works on humanitarian projects all over the world: https://www.coopi.org/en
By financing this project, Vebi Istituto Biochimico contributed to
- the distribution of 6000 stoves to reduce wood consumption and CO2 emissions, as well as the health risks from breathing in combustion fumes (respiratory and eye diseases or increased child mortality)
- the construction of a run-of-river power plant to produce clean energy
Our returns were in terms of
- Social Responsibility (towards the environment and development)
Each project grants credits certifying the reduction of emissions according to international standards (VER, Verified Emission Reduction or VCS, Verified Carbon Standard), which verify each project’s actual impact on the reduction of greenhouse gases.
We paused to reflect, and chose to offset the inevitable pollution by financing worthy initiatives.
All certifications are guaranteed by independent institutions.