Case Studies: Voluntary Carbon Market (VCM) projects
Please find some of the detailed case studies from different sectors involved in Voluntary Carbon Market (VCM) projects , focusing on practical examples of carbon offset initiatives : Case Study 1: Renewable Energy Projects Project Example: Wind Power Projects in India Company : United Nations Development Programme (UNDP) and local Indian renewable energy developers Location : Rajasthan, India Sector : Wind Energy Overview : This project involves the development of wind farms in India to generate renewable electricity and reduce dependency on fossil fuels. Mechanism : Renewable wind energy farms replace conventional thermal power generation, thereby displacing emissions linked to coal-fired plants. The project generates carbon credits based on the amount of electricity produced, calculated by measuring the avoided CO2 emissions due to renewable power adoption. Outcomes : The project has successfully reduced thousands of metric tons of CO2 by generating clean electricity. It has suppo...