Climate Services Consultancy
Climate Services Consultancy
The global carbon market is witnessing rapid growth, driven by international climate agreements and the need for organisations to mitigate their carbon footprints. In India, the carbon market is also gaining traction with rapid interventions to promote carbon reduction efforts.
Three Sixty Climate Consultants is proud to announce its entry into the Carbon Market, taking a significant step towards a sustainable future. With increasing concerns around climate change, Three Sixty Climate Consultants recognizes the urgency to address carbon emissions and offers a range of carbon credit consultancy services, as well as end-to-end carbon neutrality and net-zero solutions.
We Offer
- Carbon Consultancy
- IREC Consultancy
- Carbon Neutrality Services
- Offsetting Solutions
- Climate Impact Fund
- Decarbonisation Consultancy
For more information, please contact:
Climate Services Consultancy
Carbon Credits are tradable certificates. 1 Carbon Credit stands for 1 Tonn of CO2 equivalent GHG emissions averted/ absorbed/ reduced.
Three Sixty Climate Consultants Offers the following services- End-to-end carbon credit services from Registration to Issuance of Carbon Credits under various Standards like Verra, GCC, etc. Carbon Credits Trading
Economic Advantages of Utilizing Carbon Credits
By embracing carbon credits, India can unlock the full economic potential of its clean energy sector and accelerate the transition to a sustainable and low-carbon economy. Here are the key benefits:
- Revenue Generation
- Access to Funding and Investment
- Lower Energy Costs
- Job Creation
- Market Opportunities
- Environmental and Health Benefits
Environmental Benefits of Reducing Carbon Emissions through Carbon Credits Reducing carbon emissions through carbon credits offers several environmental benefits that contribute to the preservation of ecosystems and the improvement of air quality.
- Climate Change Mitigation
- Improved Air Quality
- Preservation of Ecosystems
- Sustainable Land Use
- Water Conservation
- Preservation of Natural Resources
IRECs Consultancy
Three Sixty Climate Consultants offers end-to-end IREC Trading
A REC (Renewable Energy Certificate) is a type of Energy Attribute Certificate (EAC) that represents the environmental attributes of the generation of a one-megawatt hour (MWh) of energy produced by renewable sources.
Using EACs, end-users around the world can make reliable claims about their energy usage such as: “my factory runs on 100% renewable energy”, “our products are made with 100% wind energy” and “our global electricity usage causes zero end-of-pipe emissions.”
It is a Tradable and market-based instrument in the International market. IREC works as an alternative for Buyers who are unable to procure Renewable Power. The Use of IREC is accepted by all the major Greenhouse Gas Protocols.
Carbon Neutrality Services
We offer end-to-end carbon neutrality services at Three Sixty Climate Consultants
Climate change is one of the most challenging international policy problems the world has ever faced. This report examines a wide range of issues surrounding climate change, including various aspects of the developing international framework to address it and the state of global carbon markets.
Climatologists unanimously agree that unabated anthropogenic greenhouse gas emissions are already leading to substantial changes in the earth’s climate and are threatening to push us across unknown tipping points. Human activities are estimated to have caused approximately 1.0°c of global warming above pre-industrial levels, with a likely range of 0.8°c to 1.2°c. Global warming is likely to reach 1.5°c between 2030 and 2052 if it continues to increase at the current rate. The environmental costs of exploiting the world’s natural resources and raw materials to meet the burgeoning demands of the 21st century are unsustainable.
Decarbonisation refers to the path that we take to reduce or eliminate the emissions. The carbon offset market may need to grow by as much as 50 times if companies are to meet 2050 net-zero greenhouse gas emissions goals. Offsets issued in 2020 were equivalent to 210 million metric tons of carbon dioxide emissions, which is 0.4% of total global emissions. Achieving net-zero energy emissions by 2050 will demand approximately 7.6 gigatons of carbon dioxide offsets or removal.
In a world where environmental sustainability is increasingly critical, businesses are recognizing the importance of achieving carbon neutrality as a key step towards mitigating climate change.
Our dedicated team of experts is here to guide you on your journey towards carbon neutrality, offering a range of tailored solutions designed to address every aspect of your organisation’s carbon footprint.
From conducting thorough carbon footprint assessments to developing robust carbon reduction strategies and implementing carbon offset initiatives, we are committed to providing you with a holistic approach that ensures a measurable and impactful reduction in greenhouse gas emissions.
What is the Solution?
- Economically viable clean technologies
- Viability in technology transition
- Carbon Markets
Process
- Analyse – Involves recognizing the emissions and their sources
- Measure – Involves GHG accounting
- Abate – Adopt Practices to reduce the GHG emissions
- Offset – Involves the offsetting of unavoidable emissions
Contact us today to find more information.
Offsetting Solutions
Three Sixty Climate Consultants provides a wide range of projects for individuals and organisations to offset their emissions, one can purchase high-quality carbon credits to offset their carbon emissions. When a company invests in a renewable energy project, it is essentially buying carbon credits that represent the emissions reductions generated by the project. This helps to offset the company’s own emissions and contribute to India’s clean energy goals. Investing in energy efficiency projects: Energy efficiency projects can help reduce energy consumption, which in turn reduces emissions. When a company invests in an energy efficiency project, it can earn carbon credits that can be used to offset its own emissions.
We also offer to invest in an ongoing climate project. To facilitate this effort, Three Sixty Climate Consultants has come up with its own Climate Impact Fund.
Carbon Credits as Powerful Incentives for Investments
- Financial Value for Emissions Reduction: Carbon credits assign a financial value to emissions reductions. When businesses invest in renewable energy projects, they can generate carbon credits by displacing fossil fuel-based energy generation with clean and renewable sources.
- Additional Revenue Stream: By earning carbon credits, renewable energy projects can generate revenue beyond the sale of energy itself. This additional revenue stream enhances the financial viability and attractiveness of investing in renewable energy projects.
- Enhanced Project Viability: The financial value of carbon credits can improve the viability of renewable energy projects. It can bridge the gap between the cost of clean energy technologies and the price competitiveness with conventional fossil fuel-based energy sources.
- Market Demand and Certainty: The growing demand for carbon credits and the carbon market provides certainty for investors in renewable energy projects. The existence of a robust and active market for carbon credits ensures that there is a tangible value for emissions reductions. This market demand incentivizes investors to engage in renewable energy projects and participate in emissions reduction initiatives.
- Compliance and Corporate Social Responsibility: In addition to financial incentives, carbon credits also address compliance requirements and corporate social responsibility goals. Many jurisdictions and companies have emission reduction targets to meet regulatory obligations or demonstrate their commitment to sustainability.
Supporting reforestation projects: Reforestation projects help to absorb carbon dioxide from the atmosphere, which helps to reduce greenhouse gas levels. When a company invests in a reforestation project, it can earn carbon credits that can be used to offset its own emissions.
The Carbon Story
According to the International Energy Agency (IEA), to reach net-zero by 2030, direct building CO2 emissions need to fall by 50% – which equates to around 6% per year. To achieve this, we need to create and submit Nationally Determined Contribution targets (NDCs), as despite being a huge contributor of CO2 emissions, the building sector lacks any specific mitigation policies.
The state governments must step up their commitments to NDCs with longer-term climate strategies such as carbon credits that reduce energy demand in the built environment, decarbonize the power sector, and identify materials that reduce a building’s lifecycle carbon emissions in order to spur the uptake of net-zero emission buildings.
The inclusion of Green Recovery Packages is proving to be an accelerator that will get us moving rapidly in the right direction. It is not only helping to move the real estate and construction sectors onto a low-carbon pathway but is also slowing climate change and delivering strong economic recovery benefits; this should therefore be a clear priority for all governments.
India is advancing at the intersection of its energy needs and environmental goals in a world rife with environmental problems. With its emphasis on renewable and clean energy, India is poised to take the lead in the international fight against climate change. The smart use of carbon credits, a financial tool created to decrease environmental damage and promote green practices, is a crucial component of this story.
Carbon Footprint
A carbon footprint, broadly defined, is the total volume of greenhouse gases—like carbon dioxide and methane—emitted into the atmosphere of the planet as a result of human activity. It offers a viable pathway to incentivize emissions reduction and promote sustainable practices, providing a market-based mechanism to combat climate change. In the battle against climate change and reducing global carbon emissions, it was imperative for the nation to find effective and scalable solutions to tackle carbon emissions.
In accordance with that, so far India has installed a record 15 GW of new renewable energy capacity in 2021/22, giving visibility to Prime Minister Shri Narendra Modi’s ambitious vision of 450 GW by 2030. A total of 172.72 GW of capacity from non-fossil fuel sources has been installed in the country as of October 31, 2022. The country’s installed renewable energy (RE) capacity stands at 150.54 GW (solar: 48.55 GW, wind: 40.03 GW, small hydropower: 4.83 GW, biopower: 10.62 GW, large hydro: 46.51 GW) as of November 30, 2021. Prior to the global pandemic, India’s energy demand was projected to increase by almost 50% between 2019 and 2030, but growth over this period is now closer to 35% in the STEPS and 25% in the Delayed Recovery Scenario.
Carbon offset projects
Carbon offset projects enable organizations and individuals to invest in environmental projects across the globe to balance out their respective carbon footprints. These projects are typically based in developing nations of the world. Most commonly, these are designed to minimize future carbon emissions.
This might include extending advanced technologies for clean energy or buying carbon credits from the emissions trading scheme. Other carbon offset projects work towards soaking up carbon dioxide directly out of the air through tree plantations.
Some organizations and people offset the entire carbon footprint. At the same time, others strive to neutralize the impact of a particular activity, like taking a flight. In the period of the past few years, the concept of carbon offsetting has become immensely popular.
Leading organizations like Three Sixty Climate Consultants strive to embark on the journey of Carbon credit consultancy to ensure a sustainable future.
In addition to Carbon Consultancy services, Three Sixty Climate Consultants also extends its end-to-end carbon neutrality and net-zero solutions in the light of contributing to carbon offset projects.
Types of Carbon Offset Projects
- Afforestation and Reforestation: Involves planting trees to absorb CO2. Enhances biodiversity, reduces soil erosion, and improves air quality.
- Renewable Energy Projects: Include wind, solar, hydro, and geothermal energy. Reduces reliance on fossil fuels, and decreases greenhouse gas emissions.
- Methane Capture: Involves capturing methane from landfills, livestock, and other sources. Methane has a higher global warming potential than CO2, so capturing it has a significant climate benefit
- Energy Efficiency Projects: Improving energy use in buildings, transportation, and industries. Reduces energy consumption and associated emissions
Clean Cooking Stoves: Helps in replacing traditional stoves with cleaner alternatives in developing countries. Reduces deforestation, indoor air pollution, and CO2 emissions - Carbon Capture and Storage (CCS): Includes capturing CO2 emissions at the source and storing them underground. Helps directly reduce the amount of CO2 entering the atmosphere
Co-benefits
Some projects offer additional environmental and social benefits, like biodiversity enhancement in reforestation projects or health improvements from clean cooking stoves.
Carbon offset projects play a crucial role in global efforts to combat climate change. While each project type has its strengths and weaknesses, a diversified approach that includes multiple strategies is likely the most effective way to maximize environmental impact.
As the demand for carbon offsets grows, ensuring the integrity and effectiveness of these projects will be paramount.
More about Climate Services
Three Sixty Climate Consultants is proud to announce its entry into the Carbon Market, taking a significant step towards a sustainable future. With increasing concerns around climate change, Three Sixty Climate Consultants recognizes the urgency to address carbon emissions and offers a range of carbon credit consultancy services, as well as end-to-end carbon neutrality and net-zero solutions.
We offer:
- Carbon Consultancy
- IREC Consultancy
- Carbon Neutrality
- Services
- Offsetting Solutions
- Climate Impact Fund
