MicroEnergy Credits - Microfinance for Efficient Lighting Product Lines
Grouped Project under Verra
In line with our commitment to transparency and integrity, we are providing a comprehensive list of all the information about our efficient lighting carbon program here.
This initiative aims to ensure that stakeholders have access to program details and documentation in an easy-to-use way.
The purpose of this grouped project “Microfinance for Inverter LED lamps in India” is to reduce fossil-fuel-based electricity consumption in rural households across India by introducing more energy-efficient inverter LED lamps to replace incandescent lightbulbs (“ICLs”). An inverter LED contains a light bulb coupled with a battery system (typically Li-Ion type) such that the LED bulb will operate on the mains power supply during availability and will switch to battery power when the main supply is not available (for e.g., in a blackout situation). This makes the inverter LED more versatile and useful than a normal LED bulb.
The inverter LEDs distributed under the grouped project replace ICL lamps in households, which results in GHG emissions due to the usage of ICL. Thus, the grouped project leads to the mitigation of GHG emissions and a range of other sustainable development benefits in the project region.
The distribution of SLS is not mandated by Indian law and the grouped project is a voluntary initiative.
Audited Documents
Additionality:
Over-crediting
Co-benefits of the program: Fostering community empowerment
