This program has ended
Hivos is happy to announce that it has transferred its successful carbon finance programs to longstanding partners Yayasan Rumah Energi (YRE), Biogas Solutions Uganda Ltd. (BSUL), and African Bioenergy Programs Ltd. (ABPL). These organizations have become fully independent entities and will implement national biogas programs and associated carbon finance programs in Indonesia, Uganda and Kenya.
This move underlines Hivos’ strong commitment to local ownership. The transfer of the carbon finance programs allows local partner organizations to initiate new projects, provide training, take care of the monitoring and maintenance of the biogas digesters and, most importantly, own the carbon credits themselves.
The three organizations, united in a Biogas Consortium, will partner up with FairClimateFund. FairClimateFund will help the consortium sell their carbon credits on the European market and globally.
To make the technologies required for renewable energy and sustainable, ecological farming practices affordable for rural low-income citizens so they can both improve their living conditions and help reduce the effects of climate change.
Kenya, Tanzania, Uganda, Cambodia, Nicaragua, Indonesia
Most underprivileged people who live in rural areas depend on the state of their natural environment for their basic livelihoods, but this is coming under increasing threat from climate change. To counter this threat they can use renewable energy sources and climate-smart agricultural methods. Biodigesters for producing biogas are one good example: they both improve living conditions of rural people, especially women, and help to mitigate climate change. Carbon finance makes these new technologies more affordable, which is why Hivos supports access to it for low-income rural communities.
Since 2011, Hivos’ Carbon Finance program has used carbon finance to develop and support rural projects that build renewable energy systems and introduce ecological, climate-smart farming methods. Hivos sells carbon credits to voluntary buyers who are willing to pay prices that include a contribution to pro-poor sustainable development. All our carbon credits are registered under the Gold Standard. Revenue from carbon credit sales is used to make purchasing biogas digesters affordable and subsidizes program activities such as aftersales services, quality management and training staff and end-users. See the Hivos’ Carbon Finance website for information on its activities in specific countries.