No Double Counting In Credit Transfer

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Posted: June 16, 2023


The following CDM Program of Activities where MicroEnergy Credits is the Coordinating and Managing Entity (CME) have transitioned to Gold Standard or Verra:

  1. CDM PoA 9181 titled “MicroEnergy Credits – Microfinance for Clean Energy Product Lines” transitioned to GS PoA ID 11450 titled titled “MicroEnergy Credits – Microfinance for Clean Energy Product Lines”

  2. CDM PoA 8142 titled “MicroEnergy Credits – Microfinance for Clean Energy Product Lines – Mongolia” to GS PoA ID 11616 titled “MicroEnergy Credits – Microfinance for Clean Energy Product Lines – Mongolia”

  3. CDM PoA 11341 titled “MicroEnergy Credits – Microfinance for Clean Energy Product Lines – Mongolia” to Verra projects as follows:
    • MICROENERGY CREDITS – MICROFINANCE FOR CLEAN ENERGY PRODUCT LINES – AFRICA – SOLAR LAMPS & EFFICIENT COOK STOVES – 10341 –CPA – 0005
    • MICROENERGY CREDITS – MICROFINANCE FOR CLEAN ENERGY PRODUCT LINES – AFRICA – SOLAR LAMPS & EFFICIENT COOK STOVES – 10341 –CPA – 0004
    • MICROENERGY CREDITS – MICROFINANCE FOR CLEAN ENERGY PRODUCT LINES – AFRICA – SOLAR LAMPS & EFFICIENT COOK STOVES – 10341 –CPA – 0003
    • MICROENERGY CREDITS – MICROFINANCE FOR CLEAN ENERGY PRODUCT LINES – AFRICA – SOLAR LAMPS & EFFICIENT COOK STOVES – 10341 –CPA – 0002
    • MICROENERGY CREDITS – MICROFINANCE FOR CLEAN ENERGY PRODUCT LINES – AFRICA – SOLAR LAMPS & EFFICIENT COOK STOVES – 10341 –CPA - 0001

No double counting in credit transfer is ensured because:

  1. There is no overlap between the CDM monitoring periods and GS/Verra monitoring periods for any of these PoA/projects.
  2. There are no issued CERs that have been converted to GS-VERs or VCUs.

MicroEnergy Credits is the most trusted name in social impact carbon credits.

Our mission is to empower every microfinance community with access to affordable and innovative clean energy solutions, while moving towards a world free of both poverty and climate change.