Great news to share as we had achieved our third successful carbon credit issuance with the Gold Standard yesterday.
Although this time around the volume is low, with 1,647 Verified Emission Reductions achieved (VERs), we are still grateful for having continuously supported our participating schools in Uganda as they move away from using the traditional 3-stone fires to energy efficient cook stoves (IICS) in their kitchens.
It is a big achievement, because despite the Covid-19 pandemic, with Uganda having the longest 2-year period of schools’ closure, we still managed to continue with our operations. And this is clearly reflected on the amount of VERs issued for the monitoring period of activities taking place from 20/03/2020 until 30/09/2021.
We are still happy and working hard on our fourth verification exercise right now. If schools continue to operate normally, we will be expecting 10,000 VERs at this same time in 2023. So looking forward to what’s awaiting for us around the corner!
