VOLUNTARY CARBON COMPENSATION
Your company leaves a carbon footprint. In most cases your ‘business as usual’ contributes to climate change. One of the reasons for developing WakaWaka was to find a way to help conserve our climate and try to reduce the impact of climate change. Every year kerosene lamps emit 265 million tons of CO2. This is more than the global carbon emissions from all household lighting worldwide. By donating WakaWakas you can now voluntarily compensate your CO2 emissions and at the same time create a significant positive impact on the lives of people living at the ‘base of the pyramid’. Find out how it works …
United Nations Framework Convention on Climate Change (UNFCCC)
The United Nations has calculated that each kerosene lamp emits at least 80 kilograms (176 lbs) of CO2 per year. If these dangerous toxic lamps are replaced with WakaWaka solar lamps, these carbon emissions can be prevented. The average expected lifetime of a WakaWaka lamp is seven years. This means that 7 x 80 kilograms = 0.56 tons are not emitted into the atmosphere. In order to be on the conservative side of the calculation we suggest to say that two WakaWaka lamps prevent a total of one ton of CO2 emission during their seven- year lifetime.
Design and monitoring according to UNFCCC standards
Solar lamps must comply with strict UNFCCC guidelines in order to be eligible for official UN certification. WakaWaka was designed from the start to comply with these guidelines and is even overspecified for better user properties. Monitoring also has to be carried out in line with UN guidelines. We will be doing this for all developing countries where WakaWaka is distributed. In countries where we will have an official UN registration, WakaWaka will in fact generate official Certified Emission Rights. These CERs, or carbon credits as they are also called, can be physically sold to companies or on various carbon markets, which work similar to stock exchange markets. Price is determined by supply and demand. Compliance with UNFCCC regulations will be certified by www.do-inc.net , one of the founding partners of the WakaWaka and one of the few experienced experts in this field.
Price per ton
Currently the actual market price for a ton of CO2 compensation is far below the economic damage that is caused by a ton of CO2 . “WakaWaka Carbon Credits” are currently more expensive than the market price, but they are closer to the actual economic costs of excessive CO2 emissions. As opposed to normal carbon credits, WakaWaka credits have quite a number of extra social benefits.
One WakaWaka Carbon Credit = US$ 32.50 per ton
This includes the following:
- voluntary compensation of one ton of CO2 emissions
- this will save them up to 20% of their income, normally used for kerosene lighting fuel
- risk of severe burns is eliminated
- inhaling toxic fumes is history
- productivity in the evening is increased and with that, chances to increase income
- children can study much longer, which has profound impact on school results and future prospects
- voluntary compensation certificate issued by the WakaWaka Foundation
- once available the official proof of ´retirement´ of any generate UNFCCC CERs
Your carbon compensation is therefor much more than just a compensation. It is your contribution to a better, brighter future for many families.
In order to prevent excessive administrative costs, we ask your company to compensate for at least 1,000 tons.
There are various ways to have your company´s carbon footprint calculated.
Should you be interested in voluntary carbon compensation please contact us.