Malawi Government Issues First-Ever Letter of Approval for CarbonSoft's Innovative Solar Light, Carbon Revenue Project

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Carbon credit aggregator CarbonSoft Corporation has been awarded the formal letter of approval from the ministry of environment in Malawi to deliver community solar projects.

In a significant boost to its mission to connect carbon credits to communities, through its unique open-source platform, CarbonSoft Corporation has gained final approval from the Designated National Authority (DNA) in Malawi, to deliver solar lighting projects across the country.

This approval enables the company to work with developers of small-scale in-the-village emission reduction projects, to generate UN-backed Certified Emission Reductions (CERs), under the UN’s Clean Development Mechanism (CDM), and the EU Emissions Trading Scheme.

CarbonSoft’s first project in Malawi, with project developer Solar Solutions Ltd, will support distribution of solar lights to families with no access to electricity. This will enable them to stop burning kerosene, a highly potent greenhouse gas, for light, preventing CO2 emissions. CarbonSoft estimates that over the course of the six-year project, approximately forty-nine thousand tonnes of CO2 will be saved in this way, generating one carbon credit per tonne.

“We are delighted to support the initiative by CarbonSoft Corporation to deliver Light Emitting Diode (LED) lamps to households in Malawi to replace the use of the traditional kerosene lamps (koloboyi). The LED lamps used in this project are charged using solar energy. Reduction in the use of kerosene lamps by the rural population will contribute to the prevention of domestic accidents and will also reduce indoor air pollution.

Indeed this is the first Letter of Approval to be issued by the Designated National Authority for the Clean Development Mechanism in Malawi and Government of Malawi pledges its support to CarbonSoft Corporation to ensure that this project is registered and implemented as a CDM Project.” – Mrs. Catherine Gotani Hara M.P., Minister of Environment and Climate Change.

“Our first project with developer Solar Solutions to provide renewable light to rural off-grid families is ground breaking. This shows that the carbon markets have reached a new stage of development and are now supporting communities. We look forward to continue supporting the project as it expands across Malawi. And we are deeply appreciative of the support that the government of Malawi has provided us,” said Sebastian Foot, Managing Director of CarbonSoft.

“Solar Solutions feels proud as a Malawian entity to play a role in combating climate change by cutting down on carbon emissions resulting from the use of traditional kerosene lamps in Malawi. It is the objective of Solar Solutions to expand its distribution network to cover the southern region of Malawi within the next three months and to cover the rest of the country in two separate stages commencing before the end of 2012.” said Johann Heyns, Managing Director of Solar Solutions Ltd.

The solar light program is at the leading edge of a worldwide movement to reduce the burning of kerosene, key to the objectives of the Rio +20 conference on Sustainable Development, and the International Year of Sustainable Energy For All in 2012.

About CarbonSoft:
CarbonSoft, launched in 2011 by Managing Director Sebastian Foot, is a joint venture between Frontier Carbon Ltd and Standard Bank plc.

The company provides small-scale clean development projects in developing countries with access to funding, by aggregating emissions savings from similar projects, to generate UN-accredited carbon credits, helping to alleviate energy poverty at the bottom of the Pyramid. The business operates across Africa and Asia.

CarbonSoft has offices in London, Melbourne, Delhi and Singapore.

Contact details:

Renja Salonen at Renja(at)carbonsoft9(dot)net or +44 207 193 9764

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