VCS Validation of Jatropha A/R Project and Transaction Support in Malawi
With this project on growing Jatropha for the generation of biodiesel from its nuts, Silvestrum worked in close collaboration with the investor and local farmers as outgrowers of the crops, on land that is degraded and often derelict. Next to the climatic benefit, the project contributes significantly to poverty alleviation and reduced the susceptibility of the farmers and their families to food shortages. The project was the worldwide first Grouped Project under the Verified Carbon Standard. As part of the project, TNT received advice on the structuring of TNT’s Malawi carbon asset investment into the firm’s corporate and social responsibility (CSR) portfolio.