ICR Joint project design document and monitoring report - Fangut Group HEPP_v1.0.pdf

ISO 14064-2 GHG emissions additionality. GHG emission mitigations are additional to the baseline scenario.

Level 1 additionality

Technology, institutional, common practice additionality. The project implements climate actions that are subject to barriers to implementation or accelerates deployment of technology or activities.

Level 3 additionality

Policy additionality. Project implementation goes beyond its host country's climate objectives.

Level 5 additionality

Statutory additionality. The project implements actions that go beyond statutory requirements.

Level 2a additionality

Financial additionality. Carbon credit revenues maintain the projects operations.

Level 4a additionality

Europe

The International Carbon Registry operates an international greenhouse gas program for the registration of climate projects and issuance of high-integrity carbon credits.

International Carbon Registry

Grid-connected electricity generation from renewable sources

The project contributes to the SDG Target 7.2 by increasing the share of renewable energy in the grid energy mix. The generation of hydroenergy will be fed to the national grid thereby displacing equivalent amount of electricity.  

SDG 7: Affordable and Clean Energy

The project creates direct and indirect employment opportunities during construction and operation phases, including employment opportunities for the youth thereby contributing to SDG Target 8.6.

SDG 8: Decent Work and Economic Growth

The Project contributes to improving the environmental situation in the region and the country as avoiding fossil fuel-based electricity will enhance the air quality and help to reduce the adverse effects on the climate. Through renewable technologies and wind-based electricity, sustainable and climate-friendly development is promoted. The project activity therefore reduces/ avoid greenhouse gas emission and contributes to SDG Target 13.2.

SDG 13: Climate Action

Energy industries

Fangut Group HEPP (hereafter referred as the “project activity”) is constructed Hydro Electricity Power Plant (HPP) which was developed by AYEN AS ENERGJI SHA (hereafter referred as the “project participant” or “project owner”) on the Fani i Madh and Fani i Vogel rivers Stream, within the jurisdiction of Rubik, Mirditë, Albania. 

Fangut Group HPP

Fangut Group HPP

Under validation

Avoidance / Reduction

Energy industries

ACM0002

Estimated Credits

Sustainable development goals

Location

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