MicroEnergy Credits – Mongolia – Microfinance for Clean Energy Product Lines VER Project – VPA No. 005: XacBank LLC

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Quantity per Unit: 1 Ton

Project kind: Carbon offsetting

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MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 005: XacBank LLC

This small-scale VPA involves the installation and maintenance of clean energy products including efficient stoves and home insulation by Partner Organization in Mongolia. The current practice in Mongolia is to use inefficient stoves and home insulation at the household level, resulting in necessary combustion of large amounts of coal. The use of these fuels generates a variety of gases including Carbon dioxide. The replacement of these traditional products with Clean Energy Products reduces the amount of fuel required for heating, and reducing the amount of GHG emitted into the atmosphere.

Project Overview

iconProject Name: MicroEnergy Credits - Mongolia - Microfinance for Clean Energy Product Lines VER Project - VPA No. 005: XacBank LLC
iconProject Kind: Carbon Offsetting
iconProject Type: Household & Community - Bundled Energy Efficiency
iconProject Type from Registry: Energy Efficiency - Domestic
iconProject Developer: MicroEnergy Credits
iconProject ID: GS2687
iconRegion: Eastern Asia
iconCountry: Mongolia

Project Details

iconYear:2022
iconRegistry:Gold Standard (VER)
iconMechanism:Reduction
iconFirst Year of Project (Vintage):2012
iconEst Annual Credits:49199
iconCorsia eligable:No
iconMethodology:AMS-II.E. Energy efficiency and fuel switching measures for buildings

Sustainable Development Goals

    • check icon SDG 7: Affordable and Clean Energy
    • check icon SDG 8: Decent Work and Economic Growth
    • check icon SDG 13: Climate Action

Delivered Documents

  • check icon Project Design Document (PDD)
  • check icon Verification Report
  • check icon Emission/Project Report
  • check icon Monitoring Report

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