Gold Standard Foundation

GS11450 - MicroEnergy Credits – Microfinance for Clean Energy Product Lines – India - CPA 33 - GS11490

GS ID

11490

POA GS ID

Region

India

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certified SDG Impacts

Good Health and Well-Being
Gender Equality
Clean Water and Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Responsible Production and Consumption
Climate Action
Life On Land

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

Dec 21, 2019 ― Dec 20, 2024

Standards Version

Gold Standard for the Global Goals

Annual Estimated Credits

526,580

Project Scale

Small Scale

Project Type

Energy Efficiency - Domestic

Description

The small-scale programme activity involves marketing, education, distributing, and financing solar lighting systems, and water purification devices for low-income households and microentrepreneurs in India. Micro Energy Credits Corporation Private Limited is the Coordinating and Managing Entity of this PoA and coordinates efforts of project implementers to distribute Clean Energy Products in India. These products provide clean drinking water and renewable energy for lighting. The water purification devices distributed under the activity replace traditional cookstoves thereby eliminating the use of fuelwood for boiling raw water 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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