CO2balance has registered the world’s first micro Programme of Activities (mPoA) designed to help scale up all Improved Cookstoves, Improved Water Supplies and Water Treatment Technology projects in any Least Developed Country (most of sub-saharan Africa). We also have a similar Programme for non-LDC countries (e.g. India, Brazil) using these same technologies and a dedicated Solar photovoltaic and Kerosene Lamp replacement Programme, so we are able to develop most domestic level renewable and efficient offset projects in all countries where they are needed. Our mPoAs are designed to help early stage potential offset projects using the above technologies to get off the ground, or even re-instigate projects that have previously failed due to a lack of sustainable finance (e.g. failure after donor pull out). We can provide an accelerated route to carbon credit issuance and hence a sustainable funding mechanism for clients as we assume responsibility for screening projects to ensure they meet our pre-defined eligibility criteria. This means that the risks, expense and time taken to pass though the usual carbon project cycle are greatly reduced for our partners.
In a normal offset project, the project development costs to validate and verify the credits takes a long time to complete, is expensive and can be a risky undertaking for project owners. As a result, smaller projects expecting to offset less than 10,000 credits were considered non-viable because the high project costs were not balanced by a sufficient return from the carbon credits. Recognising this fact, the Gold Standard developed their microscale programme of activities, which removed the barriers of cost and time to projects expected to offset 10,000 credits or less. The microscale programme works as framework agreed in advance with Gold Standard in which small projects meeting pre defined specific criteria of the programme are able to be included within it. The Co-ordinating and Managing Entity (CME) of the programme is responsible for making sure the projects included within it are viable prior to formally applying to the Gold Standard. As projects are assessed by the CME before the formal validation and verification, this vastly reduces the time taken to generate credits, the cost of audit and – importantly - the risk of making expensive and irreparable mistakes in the project development process.