Carbon Offset Projects
Numerous human activities carry a significant carbon footprint; however, the industrial combustion of non-renewable energy sources and the destruction of natural carbon sinks, such as forests, are particularly impactful. To address these issues, Canopy Energies develops different carbon offset projects that either avoid emissions or sequester carbon.
Carbon avoidance projects aim to curb these emissions by targeting these adverse activities and capturing the emission they create or preventing the activities altogether. In other words, these projects help avoid carbon being released.
Carbon sequestration is the capturing, removal and storage of carbon dioxide (CO2) from the earth’s atmosphere. It is recognized as a key method to tackle climate change. This aim is crucial, as around 45% of the CO2 emitted by humans remains in the atmosphere, widely contributing to global warming. Carbon sequestration can happen in different forms: biologically (forests, soils, oceans), geologically (graphene production,…) or with the use of technology. Canopy Energies focuses on biologically sequestration. We mainly develop reforestation and aforestation projects in developing countries, such as Madagascar or Paraguay.
Those projects are also an unparalleled opportunity for companies to invest in development projects that defend the Sustainable Development Goals (SDGs) set forth by the United Nations. Canopy is dedicated to developing projects that not only benefit local communities but also address their primary needs.
Avoided Emissions
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Better Cooking for a Better Health in Rusizi District, Rwanda
This project aims to distribute 50,000 fixed improved cookstoves to all eligible households in the district of Rusizi in Western Rwanda over the next 2 years. Those single-pot cookstoves will be built in-situ into domestic kitchens.
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Safe Drinking Water in Kayonza District, Rwanda
This project seeks to support the provision of safe water for local communities by rehabilitating and maintaining 70 broken boreholes in the district of Kayonza, in Eastern Rwanda.
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Conservation and Mangrove Restoration in Haïti
This project revolves around the restoration and conservation of mangroves in the marine area of Baradères Cayemites, in Haiti.
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Fadoré: Improved cookstoves in North Cameroon
The Fadoré project aims to distribute 50,000 fixed improved cookstoves in three regions of Northern Cameroon (Extreme-North, North, and Adamoua) during the next 2 years, providing numerous social, environmental and ecomic co-benefits to local populations.
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Wells of Hopes: ensuring Hygiene and empowering Women in Mozambique
This project aims to rehabilitate and maintain 900 boreholes in Mozambique in order to facilitate access to clean and safe water for local communities.
Sequestration Projects
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Investancia: Reforestation project in Paraguay
Canopy invested in the development of a Pongamia project in Paraguay, along with other investors. This pilot project has been up and running for a few years. This large scale reforestation project also intend to produce bio-fuel with the Pongamia oil.
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Fañako: Afforestation project in Madagascar
Canopy has launched a large-scale agroforestry and afforestation project in Eastern Madagascar. This 5 500 ha project focuses on the Pongamia tree that is particularly well adapted on damaged or infertile soils. Pongamia fruits are also an opportunity to produce bio-oil to replace kerosene that is largely used in Madagascar.
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Conservation and Mangrove Restoration in Haiti
This project revolves around the restoration and conservation of mangroves in the marine area of Baradères Cayemites, in Haiti.
