The proposed project under UCR is titled “ 109MW Large Scale Bundle Nepal Hydroelectric Station by Nabil Bank Limited, hereinafter referred to as HYDRO NABIL, is a bundle of hydropower projects located in Nepal. The proposed project activity involves TWO HYDROELECTRIC ROR -projects located in different regions of Nepal. This project is an ongoing operational activity aimed at continuous reduction of greenhouse gas (GHG) emissions. 27MW Dordi Khola Hydropower Project and 86MW Solu Khola (Dudhkoshi) Hydroelectric Project.
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UCR enables the flow of environmental finance directly, to those who can least afford it- the small rural green project owner. UCR enables true carbon and water price discovery based on the utility of the underlying asset and assists in creation of non-fungible carbon and water offset tokens that can be seamlessly integrated into any smart contract or blockchain ecosystem seeking to negate its carbon or water footprint or showcase ESG credentials
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