Climate Strategy & Carbon Market

What’s on your mind

How can my business achieve climate neutrality and start the journey towards net zero emissions? How can I develop my climate project or certify my carbon crediting project? How can I effectively and transparently communicate my climate action and mitigation efforts?

Climate Project Development & Carbon Project Certification

  • Guide carbon project certification—conduct feasibility studies, certification process support, carbon credit generation
  • Integrate the Sustainable Development Goals (SDGs) and biodiversity protection in projects to protect the climate with a holistic approach
  • Support the development of nature- and tech-based solutions for carbon removals, including short and long-lived storage (afforestation, bioenergy with carbon capture (BECSS), direct air capture (DAC), biochar production and usage)

Climate Action Strategy

  • Set science-based, clear and achievable carbon neutrality and net-zero targets
  • Create emission reduction roadmaps and achievable strategies to reach targets
  • Recommend certified projects for carbon compensation and neutralization of hard-to-abate emissions
  • Assist in transparent reporting, disclosure and communication following current climate and environmental policies (e.g., EU Green Claims Directive)

Climate Finance Mechanisms

  • Consultation on innovative finance instruments (bonds, blended finance, public private partnership (PPP), carbon markets)
  • Design bankable projects (causal map, pre-feasibility studies)
  • Advise on how to build a sustainable investment portfolio
  • Assess sustainable finance tools such as climate-related risk management and investment risk assessment

Carbon Market & Carbon Credit Trading

  • Support carbon footprint compensation beyond the value chain
  • Identify transparent and certified carbon crediting projects, contributing to multiple SDGs
  • Trade carbon credits directly with project developers
  • Provide transparent transactions for the purchase and retirement of carbon credits

Climate Smart Solutions

  • Conduct market analysis
  • Explore potential market opportunities for new feedstock and bioenergy pathways (EU RED I and II, CORSIA, etc.)
  • Develop regenerative agriculture projects covering soil health, water and ecosystem services
  • Support carbon farming activities that generate additional income for smallholders
  • Analyze relevant regulatory frameworks to guide clients to meet legislative requirements (EU Green Deal, Fit for 55, Farm to Fork Strategy, EU Carbon Removal Certification, etc.)

Work Case

Compensation of product GHG emissions

Approach

MCS conducts the project in 3 basic steps:

  1. Estimation of unavoidable greenhouse gas emissions of the product
  2. Selection of high-quality offsetting projects
  3. Ensuring the availability of credits and issuance of compensation certificate

Overview

A company was interested in offsetting unavoidable emissions from the production of their smartphone to ultimately achieve carbon-neutral product. By using local components and manufacturing the product locally, the company was already committed to the reduction of GHG emissions that arise during production and transport. Moreover, the product is recycled after use by certified companies, reducing further the GHG value. However, the smartphone production cannot happen without certain components manufactured abroad, generating unavoidable emission that the customer wanted to get compensated.

The customer asked Meo Carbon Solutions (MCS) to estimate GHG emissions to be compensated to achieve product carbon neutrality

Step 1: Estimation of unavoidable greenhouse gas emissions of the product

MCS estimates unavoidable GHG emissions for the smartphone. The result of this step is the quantification of emissions that can be compensated by financing an offsetting project aiming at reducing GHG emissions outside smartphone supply chain of the company.

Step 2: Selection of high-quality offsetting projects 

MCS developed the individual project selection matrix, considering customer’s goals, values, and specific preferences (e.g., project type, co-benefits, etc.).  The application of this approach ensures that the selected offsetting project meets offsetting requirements and as such is additional, permanent, avoids double counting, applies approved methodology, and brings valuable co-benefits such as ecosystem services, biodiversity, and livelihood improvement. In other words, it ensures high-quality carbon credits.

Based on that, the most suitable certified project was chosen. The selected Lower Zambezi REDD+ project is  located in Zambia and applies a holistic approach to tackle poverty, environmental degradation, and climate change together. In collaboration with local community, the project develops sustainable land-use practices that preserve endangered forests and wildlife while investing in the development of rural communities.

Step 3: Ensuring the availability of credits and issuance of compensation certificate

The next step of the project was establishing direct contact to project developers to ensure the availability of carbon credits for their further purchase and transfer to the MCS account in the respective registry.  MCS proceeded to the credits’s retirement them on the behalf of the customer and produced the compensation certificate. The certificate included the company name, the amount of purchased credits, the compensation project name and the carbon credits serial registration number (example of the certificate can be found here). With this procedure, MCS ensures transparency, avoids greenwashing and guarantees the avoidance of double-counting.

 

 

Economic Result

Improvement of the company’s image and opportunity to claim product as climate neutral

Ecological Result

GHG emissions calculated and compensation measures taken to reduce environmental impact

Social Result

Investment in offsetting project in Africa improves local community livelihood