Carbon credits: A catalytic instrument for increasing investments in water and sanitation - Aqua for All

The concept

This project aimed at selling carbon credits to companies and individuals on the voluntary carbon market to support scaling up SMEs and achieve a sustainable water and sanitation economy in India and Ethiopia.

 

Countries:

Ethiopia, India

Theme:

Circular economy, Drinking water, Sanitation economy

Duration:

2013

Total value:

Investors so far:

Aqua for All

Program Partners:

Spring Health

About the initiative

A carbon credits project in India and Ethiopia were implemented as a project selling carbon credits to companies and individuals on the voluntary carbon market by working with local partners.

Aqua for All has supported carbon credit projects since 2013. It started implementing a project in India and with the success of the implementation, it replicated it in Ethiopia.

 

Key outcomes

Job creations

750 jobs for people in different sectors (engineers, scientists, project managers, chlorine production, etc) were created.

Small business boost

Boosting the business for local shops and tuk-tuk drivers that sell the water.

Reduced C02 emissions

Over 12,000 filters have been sold, granting access to safe water for 60,000 people. This has avoided 16,000 tonnes of CO2. emissions.

Increased access to safe water

More than 150,000 people in over 250 rural villages in Odisha get safe water on a daily basis. Over 12,000 filters have been sold, granting access to safe water for 60,000 people.