How We Work
How We Work
We align ourselves with local business partners and global relief and development organizations that have a significant presence and a long history of success working in the developing world. We then work with these partners to identify and develop scalable emissions reduction project opportunities that drive economic, environmental and social value into the communities they serve. We handle all carbon asset development activities and work closely with our partners to build market-based supply chains that involve CBOs (Community Based Organizations) and other local stakeholders in the distribution and sale of Rocket Stoves.
Projects are designed to create immediate impact in communities and to generate the highest quality carbon offsets, which are then sold in the carbon markets. The resulting revenues are used to:
- Fuel project growth
- Repay investors
- Build long-term value for NGO partners and participating communities.
Initial project funding comes from a mix of investor and donor capital, which covers costs until the carbon revenue makes the project self-sustainable.
Leveraging Carbon Offsets on Behalf of the Poor
The carbon markets offer a unique opportunity to fund sustainable projects that serve critical needs in developing world communities. The Paradigm Project aims to use them as a tool that can be leveraged on behalf of the poor. Like any commodities market, there is fluctuation in value, supply and demand, but with our expertise in the carbon markets, we can fully utilize this tool to the benefit of the poor in building sustainable projects around the world.
- Efficient stove, biogas, clean water and solar projects can all deliver strong social value to communities while self-funding through carbon offset revenue.
- The international carbon markets topped $144 billion in 2009, having grown 7% from $135 billion in 2008, and 125% from $64 billion in 2007.1
- Rapid category growth has led volume offset buyers to align with supply partners who can deliver high quality, value-added product.
- Offsets with added social value tend to command a price premium in an otherwise commodified marketplace.
- The Paradigm Project is well-capitalized and has built a best-in-class turn-key carbon development program specifically designed for NGO partners.
(1 Ecosystem Marketplace, Bloomberg New Energy Finance)
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