Registries: Australian National Registry of Emissions Units (ANREU) administered by the Clean Energy Regulator (CER), Gold Standard Impact Registry or Verra
According to the UN, a large percentage of the greenhouse gases that blanket the Earth and trap the sun’s heat are generated through energy production, by burning fossil fuels to generate electricity and heat. The UN says fossil fuels are by far the largest contributor to global climate change, accounting for over 75 per cent of global greenhouse gas emissions and nearly 90 per cent of all carbon dioxide emissions.
TEM-sourced wind and solar renewable energy projects across Asia create clean energy for locals, which otherwise would have been generated by fossil-fuel fired power stations. The UN states that switching to clean sources of energy, such as wind and solar, helps address not only climate change, but also air pollution and health issues, as unhealthy levels of fine particulate matter and nitrogen dioxide in the air around the world originate mainly from the burning of fossil fuels. The TEM-sourced projects also supply electricity to regional grids, improving the availability of electricity in the regions.
The projects may contribute to the following United Nations Sustainable Development Goals
Key Facts
- Project Type: Renewable Energy
- Location: Asia
Key Impacts
- Emissions prevention
- Energy security
- May provide local employment
Evidence of co-benefits/carbon claims
- The carbon abatement reported by these projects has been scientifically measured using the relevant Renewable Energy methodology. Carbon abatement independently verified as required under project standard (Clean Development Mechanism (CDM), Gold Standard (GS) or the Verified Carbon Standard (VCS)
- *Contributions toward SDG 7, 8 and 15 are generally not required to be monitored and reported by the project proponent under the relevant standard, however can be reasonably assumed to occur for projects using Renewable Energy methodologies (note United Nations Sustainable Development Goals may vary depending on the specific project)
- Impacts reported have been taken from project description documents for the renewable energy projects in TEM’s portfolio, which are provided by the project owners.