ICR
Validated

Carbon avoidance through the nutritional replacement of beef by carbon neutral Icelandic Spirulina (blue-green algae) production

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Project Information

Est. annual mitigations

5,732,498t CO2-e

Project Status
Validated
Project Type
Avoidance / Reduction
Sector
Agriculture
Methodology
ISO 14064-2
Project Description

The purpose of the project activity is to produce an edible algal biomass i.e., Spirulina (blue-green algae), which serves as a carbon neutral alternative to Beef in terms of a nutritional parity. The carbon neutral Spirulina when served as an alternative/replacement to the carbon intensive Beef leads to GHG emissions avoidance that would have taken place to meet the equivalent nutritional requirements. The purpose of the validation report is to have an independent third party assess the PDD and the monitoring plan. The scope of the validation is defined as an independent and objective review of the PDD and monitoring plan.

Validation Body

Validation Criteria
ISO 14064-2:2019
ÍST TS 92:2022
ICR requirements v4.0
Applied methodology
Validation Body

Validation Criteria
ISO 14064-2:2019
ÍST TS 92:2022
ICR requirements v4.0
Project design description
Applied methodology

Media

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Location

Country
Iceland
City
Olfus
Address
Nordurvellir 7
Geographical Region
Europe
Coordinates
64.0430682676031, -21.40077768573761
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Credits
All credit information, issuances, retirements and holders.
Est. Yearly Average
7M
t CO2-e per year
Est. Total
34M
t CO2-e
Crediting Start Date
JAN 16 '23
Crediting Period
5 Years

Sustainable Developement Goals

No Poverty

End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Good Health and Well-being

Ensure healthy lives and promote well-being for all at all ages

Gender Equality

Achieve gender equality and empower all women and girls

Clean Water and Sanitation

Ensure availability and sustainable management of water and sanitation for all

Affordable and Clean Energy

Ensure access to affordable, reliable, sustainable and modern energy for all

Decent Work and Economic Growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Industry, Innovation and Infrastructure

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Reduced Inequalities

Reduce inequality within and among countries

Sustainable Cities and Communities

Make cities and human settlements inclusive, safe, resilient and sustainable

Responsible Consumption and Production

Ensure sustainable consumption and production patterns

Climate Action

Take urgent action to combat climate change and its impacts

Life Below Water

Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Life on Land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Peace, Justice and Strong Institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Partnerships for the Goals

Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

Additionality

Level 1 additionality

Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.

Level 2a additionality

Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.

Level 3 additionality

Technology, institutional, common practice additionality. The project must implement actions that are subject to barriers of implementation or accelerate deployment of technology or activities and carbon market incentives are essential in overcoming these barriers.

Project Insights

People

An overview of all the people associated to this project. Participants, validators, verification bodies and other.

Documents
An overview of all documents connected to this project
Version
File size
Monitoring report

3 documents

Other note

6 documents

Project description

3 documents

Validation report

2 documents

Verification report

3 documents

Rows per page

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