Climate Impact Partners | The purpose of the organization is to reduce 1 billion tonnes of CO2 via way of means in 2030 to convert the worldwide economy, enhance fitness and livelihoods and repair a thriving planet. That is executed via way of means of handing over the excellent carbon financed projects, from which they create carbon credit scores and strength characteristic certificate portfolios.
Project type
Technology-based
Project field
Energy Efficiency
Location
Bangladesh
API project code
API project code: project_0114
About the project
In Dhaka, the capital of Bangladesh, more than 21 million people rely on natural gas to provision their homes, businesses, and factories with energy. A substantial amount of methane, a powerful greenhouse gas that is more than 20 times more potent than carbon dioxide as a heat-trapping gas, is released due to the local gas distribution company's outdated and deteriorated network. To reduce and prevent natural gas leaks, the project financed the purchase and import of specialized equipment, called Leak Detectors and Hi-Flow Samplers, along with advanced sealant materials to ensure long lasting sealing of any leaks that were identified by the program. To date, specially trained staff have checked more than 500,000 gas risers, identifying and repairing more than 37,000 leaks. Avoided losses of natural gas are enough to fuel a 119-MW power plant.
In addition to delivering emission reductions to take climate action (SDG 13), the project supports other Sustainable Development Goals (SDGs):
Climate Impact Partners delivers high impact projects
Climate Impact Partners delivers solutions for action on climate. In cooperation with the world’s leading companies and quality project partners, Climate Impact set the ambition to reduce 1 billion tonnes of CO2 by 2030.
In a merger between Natural Capital Partners and ClimateCare, two businesses that have pioneered the voluntary carbon market are combined to become Climate Impact Partners. This draws on their combined expertise, integrity, and innovation. The international team continues to pioneer the market's growth and establishes standards for excellence that will maximize the market's effect, driven by an unrelenting desire for quick action and results.