PROJECTS UNDER DEVELOPMENT
Our projects are strategically crafted under an Article 6 compliant approach, aligning with the collaborative mechanisms outlined in the Paris Agreement. The Article 6 framework fosters international cooperation, enabling heightened ambition in mitigation actions and emphasizing sustainable development with environmental integrity. This commitment not only underscores our dedication to environmental stewardship but also guarantees high standards of integrity, transparency, and compliance, maximizing the impact and value of our projects.
Zimbabwe Conservation Agreement
The project is currently under development
Blue Carbon, in collaboration with the government of Zimbabwe, has formally established a Conservation Agreement covering approximately 7.5 million hectares in the AFOLU sector. This initiative addresses Zimbabwe’s environmental challenges, including ecosystem degradation resulting from population growth and climate change. Our projects will focus on conservation, reforestation, agroforestry, and sustainable forest management, providing environmental and community benefits. By generating carbon credits through emission removal and reductions, the projects contribute to global NDC targets and the goals of the Paris Agreement. Blue Carbon emphasizes community engagement, ensuring benefits such as improved crop yields, renewable energy projects, educational and healthcare improvements, diversified income sources, employment opportunities, and enhanced climate resilience.
PROJECTS IN PIPELINE
MoUs primarily outline the collaboration with countries to explore, assess, and conduct due diligence for identifying and narrowing down the potential in the partnerships
Liberia MOU
Blue Carbon, in collaboration with the Republic of Liberia, has signed a Memorandum of Understanding (MoU) under Article 6 of the Paris Agreement. This MOU focuses on carbon removal projects in Liberia’s forest sector. Blue Carbon aims to promote sustainable forest management, combat climate change, and support Liberia’s Net Zero goals. The MoU outlines low-carbon strategies, project development responsibilities, and initiatives to regulate carbon markets transparently. Blue Carbon is committed to capacity building, engaging local communities, and identifying projects which foster a sustainable and low-carbon economic system in Liberia.
Tanzania MOU
Blue Carbon and the Government of Tanzania, through the Tanzanian Forest Agency, have signed an MoU to promote sustainable forest management practices and reduce greenhouse gas emissions. This collaboration focuses on supporting Tanzania’s conservation efforts and developing new carbon offset projects. The partnership emphasizes the importance of preserving forest resources, engaging local communities in carbon offset projects, and contributing to sustainable economic growth. Blue Carbon’s commitment to nature-based solutions aligns with Tanzania’s goals of mitigating climate change and promoting economic development through environmentally conscious initiatives.
Zambia MOU
Blue Carbon has signed an MoU with the Government of Zambia, through the Ministry of Green Economy and Environment, to launch carbon offset projects in the forest sector. This partnership aims to leverage Zambia’s forested landscapes for carbon credit generation, including reforestation, restoration, and conservation projects. Blue Carbon seeks to collaborate with the Government of Zambia to protect and restore its vital forests, contributing to global decarbonization efforts and showcasing a long-term commitment to reducing greenhouse gas emissions.
PNG MOU
Blue Carbon and the government of Papua New Guinea (PNG) have signed a refined MoU to collaborate on projects related to the implementation of Article 6 projects. This expanded MoU enhances their capacity to generate mitigation outcomes (MOs) that can be transacted as Internationally Transferred Mitigation Outcomes (ITMOs). The collaboration involves assessing PNG’s mangrove areas, emphasizing Blue Carbon’s commitment to international cooperation and climate solutions.
Dominica MOU
Dominica and Blue Carbon have signed a MOU to cooperate on carbon trading in alignment with Paris Agreement Article 6 objectives. The MoU focuses on carbon mitigation and removal initiatives across diverse sectors, contributing to global climate targets and fostering adaptation and resilience in vulnerable small island nations. The collaboration aims to merge expertise and resources to formulate shared strategies for sustainable development, job creation, and carbon credit transfers.
Bahamas MOU
Blue Carbon and the Bahamas Government have signed an MoU to explore and advance opportunities for carbon credit facilitation arising from transformative projects within Bahamas. This collaboration, focusing on blue carbon initiatives, aims to enhance climate resilience, promote sustainable development, and engage in carbon credit facilitation opportunities. The MoU paves the way for Bahamas to participate in Article 6 carbon markets, aligning with Blue Carbon’s commitment to identifying prospects for Internationally Transferred Mitigation Outcomes (ITMOs).
St. Lucia MOU
Blue Carbon has signed a Memorandum of Understanding (MoU) with the government of Saint Lucia to explore, develop, and assess opportunities aligned with the creation of Mitigation Outcomes (MOs) under Article 6 of the Paris Agreement. This collaboration signifies a shared dedication to advancing global emission reduction efforts and climate adaptation. The MoU offers Caribbean countries the opportunity to tap into climate financing mechanisms, contributing to sustainable development and resilience. The strategic alliance builds on Blue Carbon’s commitment to environmental stewardship and the operationalization of Article 6 in collaboration with governments and stakeholders.
Union of Comoros MOU
Blue Carbon has signed an MoU with the Union of Comoros, focusing on carbon credit origination and environmentally sustainable strategies in the forestry sector as well as coastal ecosystems. This partnership seeks to comply with guidance of Article 6 of the Paris Agreement, creating pathways for climate financing and supporting Comoros in executing sustainable development projects. The collaboration emphasizes the generation of Mitigation Outcomes (MOs), contributing to global emission reduction efforts and addressing environmental challenges specific to small island nations.
Kenya MOU
Blue Carbon and the Republic of Kenya have signed a Framework of Collaboration (FOC) for the development of REDD+ projects and carbon credit origination under Article 6 of the Paris Agreement. The FOC outlines at a high-level initiatives related to carbon credit generation and sustainable development investments. Blue Carbon will focus on creating economic and social growth opportunities, advancing climate change mitigation and adaptation efforts, and providing support for local communities
Niger State MOU
Blue Carbon has signed a MoU with Niger State, Nigeria which outlines the strategic partnership between Blue Carbon and Niger State regarding afforestation initiatives as well as a pilot project on cookstoves to address climate change impacts, promote sustainable development, and enhance economic growth in the region. The collaboration emphasizes carbon sequestration through planting 1 billion trees across 760 hectares.
Clean Cooking Initiative
GCI (Parent company of Blue Carbon) and BBoxx have recently joined forces to unveil the world’s largest Clean Cooking initiative in Pakistan. This ground-breaking collaboration aims to deploy a staggering 5 million clean cooking solutions across the country. By leveraging innovative technologies and sustainable practices, GCI and BBoxx are set to make a significant impact on environmental and public health concerns related to traditional cooking methods.
The benefits of clean cooking extend beyond environmental and public health improvements. Furthermore, the shift to clean cooking helps mitigate deforestation and promotes sustainable forestry practices, preserving biodiversity and ecosystems. Overall, the Clean Cooking initiative in Pakistan not only addresses environmental and health challenges but also fosters economic development, enhances quality of life, and promotes sustainable resource management.
Eco – Friendly Transportation
Enertech Holding Co, representing the Kuwait Sovereign Fund, has entered into a Memorandum of Understanding (MoU) with Sheikh Ahmed Dalmook Al Maktoum PO to spearhead the progress of electric mobility in the UAE. This strategic partnership signifies a significant step towards promoting sustainable and eco-friendly transportation solutions in the region. This collaboration is poised to drive innovations in electric mobility, fostering a cleaner and more efficient transportation landscape for the United Arab Emirates.
E-mobility Project will be registered under eligible methodologies ensuring compliance with environmental and regulatory standards.
This MoU underscores a shared commitment to advancing the adoption of electric vehicles and contributing to a greener, more sustainable future for the UAE.
