We're excited to share a highlight from our recent collaboration with SteelFab, Inc., where a portion of their carbon credit retirement included Ember Grid Reduction Carbon Credits. These credits were generated by solar projects that are powering houses, NGOs, and businesses in #Chad and #Cameroon, operated by the pioneering utility solar developer, ZIZ Energie.
🌱 The power of this partnership lies in the impact. A report by Power Africa last year shed light on a concerning trend: typically, only 30% of the revenues from carbon asset sales in Africa are returned to the project developers and the communities they serve. However, through the Renewvia Environmental Equity Exchange, we've turned the tide in favor of those who are at the heart of renewable energy efforts.
💡 For ZIZ Energie, this meant an astounding 93% of the revenues from the sale of their carbon assets went straight back into their capable hands. This is not just funding; it's fuel for growth, innovation, and community empowerment. It’s proof that when we talk about sustainability, we must include financial equity as a cornerstone of our efforts.
🤝 Renewvia's collaboration with ZIZ Energie embodies our commitment to creating a fairer, more equitable carbon market. It reflects our belief that the lion’s share of the rewards of the carbon market should belong to those who contribute to a cleaner planet, not market middlemen. We’re proud to stand alongside ZIZ Energie, ensuring that their stellar work in renewable energy creates lasting value for their business and the communities they serve.
#solarprogress #sdg7 #renewableenergy #renewableinvestment #cleanenergy #solarenergy #carboncredits #corporatedecarbonization #steelfabrication
Energy and environmental physicist ||Graduate Research Assistant||Science Teacher|| Special Needs Educator||Entrepreneur|| SDG Advocate||Founder/Director Pent_Foundation//
2moPlease, When will this be available to Nigerian ladies in the energy sector?