Gold Standard Foundation

GS11450 - MicroEnergy Credits – Microfinance for Clean Energy Product Lines – India - CPA 13 - GS11483

GS ID

11483

POA GS ID

Region

India

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certified SDG Impacts

Good Health and Well-Being
Affordable and Clean Energy
Decent Work and Economic Growth
Climate Action

Project Type

Energy Efficiency - Domestic
Energy Efficiency - Domestic

Status

Gold Standard Certified Project

Gold Standard Certified Project

Project Attributes

Emission Reduction

Project Developer

MicroEnergy Credits

Methodology

AMS-I.A. Electricity generation by the user

Crediting Period

Aug 25, 2018 ― Aug 24, 2023

Standards Version

Gold Standard for the Global Goals

Annual Estimated Credits

490,909

Project Scale

Small Scale

Project Type

Energy Efficiency - Domestic

Description

The small-scale project activity involves marketing, distributing, and financing improved cookstoves and solar lighting systems, for low-income households and microentrepreneurs in India. Future sales of solar lighting systems may happen in any state but within the geographic boundary of the PoA i.e. the country of India. However, it will be ensured at all times that the threshold for SSC projects is not exceeded and the PoA eligibility criteria are met. These products provide clean energy for cooking and renewable energy for lighting. The cookstoves distributed under the VPA replaces traditional cookstoves thereby reducing the amount of fuelwood used for cooking in the baseline by households and thus reducing GHG emissions corresponding to the fuelwood saving by the project activity. The solar lighting systems replace kerosene-based lamps in households, which would have resulted in GHG emissions due to burning of fossil fuel i.e. kerosene.

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