Zero Emit Funding Projects :
Zero Emit is a pure green energy and sustainable development financier dedicated to the sustainable economic growth of the ECOWAS region of West Africa.
Zero Emit’s green project funding qualifications displays its commitment to decarbonizing the economy with advanced technology partners for the conversion of wind, solar energy, hydroelectric, biofuels, pyrolysis waste-to-energy and the new zero-emit hydrocarbon conversion and hydrogen power to electrical generation and is proactive in contributing to the fight against climate change and the preservation of natural resources including Eco-friendly agricultural and transportation development.
The Company’s corporate mission is to address climate change by increasing renewable and zero emission energy production to displace pollution, chemical and thermal emitting generation capacity, facilitating the transition to a low carbon economy and a climate risk resilient society.
The Company is focused on the advanced technology that empowers engineering, development, investment and operations of utility-scale energy projects, carbon neutral building and sustainable agriculture to improve the economic, environmental and social conditions within the communities where it operates.
Green Projects Categories
Each sector and development project has its own unique SDG initiatives, indicators, risks and ESMP. All of those plans fall under the carbon capture “green” umbrella that Zero Emit has established through its green project funding qualifications.
In line with Zero Emit’s sustainability strategy, the Eligible Green Projects shall meet a set of environmental, social and governance criteria (“ESG Criteria”), based on IFC’s Performance Standards, as defined below:
SOCIAL FACTORS
- Social Risk Management
- Fair Labor
- Community Respect
- Land Resettlement
- Indigenous People
- Indigenous People
ENVIRONMENTAL FACTORS
- Climate Change Mitigation
- Climate Change Adaptation
- Natural Resource Conservation
- Biodiversity Conservation
- Pollution Prevention and Control
- Cyclic Remediation of Waste
Out of respect for the developers we will only list the projects that have been selected to be funded and that are already registered and secured by the development company. Those projects are listed below:
Green Bond Energy Project # 1
Zero Emit Green Bond Financing Gas Powered 300MW Electric Power Plant:
This power plant qualifies as a green development project because it utilizes a new proven technology which emits no CO2 into the atmosphere as it has no smoke stacks.
The CO2 is captured and sold to an adjacent AAC cement block manufacturing plant and a precast concrete manufacturer, both which captures and permanently locks up all of the carbon dioxide in the cement products formed by the two plants. Even the heat from the turbine operation is partially utilized in the cement block curing process.
This is an example of an eco-industrial application, where waste products become feed stock for adjacent manufacturing plants and excess energy is also utilized which results in greater operating cost efficiencies, which fall under the circular economy protocol, SDG 12 established by the United Nations.
This project not only qualifies as a green bond project but there are also carbon credits to be sold as a supplemental, but minor, source of income.
This circular economy energy project holds particular promise for achieving multiple SDGs, including SDGs 6 on energy, 8 on economic growth, 11 on sustainable cities (AAC blocks for energy efficiency building products), 12 on sustainable consumption and production, 13 on climate change (12 & 13 for carbon capture), 15 on life on land (jobs and regional economic growth), and 17 on partnerships and financing environmental and social economic development.
The revenue generated by this project is continuity income that gradually increases as the local economy grows requiring more and broader usage of the electrical supply.