Carbon offsetting balances out carbon emissions by reducing emissions elsewhere. We’ve offset more than 4 million tonnes of CO2 so far - equivalent to more than 1% of the UK's total emissions. As well as tackling emissions, the projects we fund through offsets create local jobs, improve health and conserve biodiversity. We’ve helped protect 17,607 hectares of rainforest, saved families £9.3 million on cooking fuel, and reduced air pollution for 681,700 people, too. You can use our Carbon calculator to work out and offset your personal carbon footprint, too.
In this post, we share how supporting grid-scale renewable and solar projects in India is reducing emissions and improving livelihoods.
Supporting renewables in India helps tackle the climate crisis
India is the world’s third largest emitter of CO2, after China and the USA. The majority of power demand is met by burning fossil fuels like coal and oil. In India today, energy from fossil fuels is cheaper than energy generated by renewables. As long as that remains the case, phasing out fossil fuels is still some way off.
India has set a target to meet 40% of its energy demand with renewables by 2050. Carbon offsetting helps speed up the transition by bridging the cost gap between energy from renewables and energy from fossil fuels. By selling carbon offsets, renewable sites earn extra funding, known as ‘carbon finance’, which helps the projects to be financially competitive. These projects couldn't exist without this revenue. So by offsetting, Bulb’s members help to support the transition to cleaner energy in India.
Bulb supports nine renewable projects across India
Through offsetting Bulb helps to fund large-scale renewable sites across India. We help to support seven solar sites and two wind sites, producing enough clean electricity to power more than 6.5 million homes. Collectively, the sites save more than 4 million tonnes of carbon emissions every year, equivalent to 0.13% of India’s total emissions.
Meet Fatanpur Wind
One of the renewable sites we work with is Fatanpur Wind. Spread across 20 square kilometres in Madhya Pradesh, it generates around 362,000 Megawatt Hours (MWh) of renewable electricity. That’s enough to power more than 430,000 homes in India, saving 300,000 tonnes of CO2, every year.
There are 43 villages around Fatanpur Wind, where the main source of income for local communities is from agriculture. But as the climate crisis worsens, water sources in the region are becoming more scarce, putting pressure on farming and yields, and ultimately, income.
Fatanpur Wind is helping to change that by providing a new way for local residents to earn a living. The project has created 72 new office jobs since 2016, plus several site managers, technicians and maintenance staff roles.
All the solar and wind projects we work with have outreach programmes that benefit their local communities. The owners of Fatanpur Wind sponsor the Mobile Medical Unit of Help Age, an NGO whose mission is to improve health, well-being and alleviate poverty for the elderly in India. Last year more than 13,000 people living locally used the mobile health van, which provides preventative and curative healthcare to patients of all ages.
The solar and wind projects we help to support in India are just some of the ways we’re helping lower carbon emissions across the world. We’ll continue to bring you more stories from other offsetting projects. In the meantime, join the conversation in the Bulb community – we’d love to know what you think.