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Exciting New Projects Selected for DPP Advancement

June 13, 2024
Image: © casadaphoto

We are thrilled to announce that six innovative projects from the Call for Projects 2023 have been selected to advance into the Detailed Preparation Phase (DPP). These projects, located in Brazil, Colombia, India, Indonesia, Mauritius, and Pakistan, are poised to make significant contributions to sustainability and carbon reduction in their respective sectors. Below is an overview of each project and its potential impact.

Brazil Fertiliser Industry
Brazil, the world’s second-largest grain exporter, aims to reduce its fertiliser imports from 87% to 50% by 2050 as per the National Plan for Fertilisers (PNF). The ACTION project will contribute significantly to this goal by revolutionising agriculture with Carbon-Negative Organo-Mineral Fertilisers (CNMF).

Approach: The ACTION project will introduce sustainable farming practices by producing CNMFs, incorporating carbon capture into organic and mineral fertilisers. This initiative will promote local production, sustainable waste management, and financial mechanisms to scale both industries.

Mitigation Potential: The project is expected to directly mitigate 1.4 Mt CO2e during its intervention and reduce an additional 31.4 Mt CO2e indirectly within ten years post-project.

Colombia Energy Communities
Colombia has set an ambitious goal of reducing emissions by 51% by 2030, with the energy sector playing a crucial role. The Sustainable Power and Resilience for Colombia’s Energy Communities project supports this objective by promoting the Energy Communities (EC) model.

Approach: This project will introduce 105 MW of new distributed renewable energy capacity, strengthen policy frameworks, and increase investment in ECs. It aims to empower local communities in energy production, enhancing social inclusion and sustainable growth.

Mitigation Potential: The project aims to reduce at least 177,243 tCO2e during its implementation, with a total anticipated reduction of 3.8 Mt CO2e over the lifetime of the technology.

India Steel
As the world’s second-largest steel producer, India’s steel industry is a major carbon emitter. The government is working on green industrial policies to reduce emissions in this sector.

Approach: This project will demonstrate the viability of energy-efficient and low-carbon technologies (BAT) in steel production. It will create an enabling environment through regulatory, financial, and educational measures to integrate renewable energy and BAT technologies.

Mitigation Potential: The project is estimated to reduce 11.25 Mt CO2e during its implementation and over 88.47 Mt CO2e over the lifetime of the supported technologies.

Indonesia Biogas
Indonesia aims to achieve a 31.89% reduction in GHG emissions by 2030, focusing on renewable energy sources like Compressed Biomethane Gas (CBG).

Approach: The project will establish a Biogas Guarantee Facility (BGF) offering concessional loans, credit guarantees, and offtake guarantees to encourage private sector investment. It will also enhance regulatory environments and stakeholder coordination.

Mitigation Potential: The project will directly mitigate 9.59 Mt CO2e during its intervention, potentially escalating to 58.8 Mt CO2e over ten years post-intervention.

Mauritius Energy Efficiency
Mauritius targets a 10% improvement in energy efficiency by 2030 but faces financial barriers to implementation.

Approach: This project will promote Energy Performance Contracting (EPC) through a first-loss guarantee mechanism to alleviate financial risks. It will develop a comprehensive framework for EPC adoption and build capacity among local professionals.

Mitigation Potential: The project aims to implement 95 projects initially, reducing 210,296 tCO2e, with a potential reduction of 1,637,489 tCO2e by the 16th year of operation.

Pakistan Battery Swapping Network
Pakistan is advancing regulations to boost the adoption of Electric Three-Wheelers (E3Ws), but uptake remains low.

Approach: The project will deploy a network of battery swapping stations and E3Ws to enhance the visibility and adoption of battery swapping technology. It integrates solar PV technology to address challenges like limited residential parking and frequent power outages.

Mitigation Potential: The project is expected to directly reduce 250,000 tCO2e during its implementation and over 1.2 million tCO2e over the lifetime of the supported technologies.

We are excited to see the transformative impacts these projects will bring to their respective regions. Stay tuned for more updates as these initiatives progress and contribute to a more sustainable future.