The project activity is a large scale bundle (UNFCCC ACM0002 methodology) of 3 wind projects in AP, MP and Maharashtra, India. In the absence of the project activity, electricity would have been delivered to the grid by the operation of fossil fuel-based grid-connected power plants and by the addition of new fossil fuel-based generation sources in the grid. As is the nature of wind projects (renewable energy), no fossil fuel is involved for power generation in the project activity. SDGs 7,8,13
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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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