Welcome to the Promoting Access to Carbon Equity (PACE) website - the online home of the PACE centre. On this website you can find out about our services and projects. |
PACE centre services and track-record
PACE was established in 2004. Since then we have explored various ways of making the global carbon market work in Africa - and particularly to work for poor people in Africa. The Credible Carbon™ registry, the first of its kind in Africa, seeks to structurally alter the way in which poverty alleviating carbon projects are brought to the market.
In 2011 Credible Carbon sold over 11 000 tCO2 and returned more than R700,000 in carbon revenue to poverty-alleviating projects in southern Africa. In 2012 we did even better, selling nearly 41 000 tCO2 to over 100 different clients and returning R1,7 million to local projects. Our top sales price in 2012 was R250 per tCO2 and in last project we returned 91% of total carbon revenue to the project - that is after project proponent fees, legal fees and the cost of an indepenent audit.
PACE is a major project proponent to the Credible Carbon registry and enjoy their success. We are looking forward to 2013!
Find out more about the PACE centre's services News02 May 2013 South African industry have until August 2 to comment on the carbon tax proposals tabled by the National Treasury on Thursday.
“The primary objective of implementing carbon taxes is to change future behaviour, rather than to raise revenue”
17 April 2013 The EU Commission, the 27-nation bloc's executive arm, had proposed tightening the supply of allowances by delaying the auction of 900 million additional pollution licenses _ a move that would have increased the price of those already in the market.
12 April 2013 Amid low prices, four in five project developers and investors surveyed report readiness to explore opportunities in the voluntary offset market.
02 April 2013 The second carbon emissions reduction audit for Reliance Compost was completed on 22 February 2013. The audit showed that 211 307 tCO2 were saved from 1/4/2011 to 31/12/2012. these are now available for sale at Credible Carbon (www.crediblecarbon.com).
13 March 2013
12 March 2013 The unintended consequences of South Africa’s proposal to introduce a carbon tax as from January 1, 2015, had to be analysed, Sasol CEO David Constable said on Monday. COP17
Just back from COP17. An impressive event both in terms of scale and content. Not confident about a legally binding, fair and urgent agreement but more hope than a week ago. Impressive none the less to see how many committed people are working on a range of inspiring issues. |
ProjectsThis project involves households displacing coal, wood, paraffin and dung fuel sources with bioethanol gel (a by-product of the local sugarcane industry).
| Low carbon housing in Cato Manor as part of South Africa's climate adaptation for COP17.
| This project, located in the Eastern Cape of South Africa generates credits from the composting sawmill residue to make an organic berry growing medium. The process reduces methane emisisons from the sawmill and displaces inorganic fertiliser.
| The COMACO project seeks to alleviate pressure on Zambia’s natural resources by promoting conservation agriculture and alley-cropping for food production in rural communities.
| By sorting and selling the recycled waste the project has created employment and entrepreneurship opportunities for residents of Imizamo Yethu township in Hout Bay.
| Greenpop use trees to build social bridges and transform communities in a novel and remarkable way. PACE supported the planting of 1,100 indigenous and fruit bearing trees in Manenberg, outside Cape Town in exchange for the carbon sequestrated by these trees.
| This project supports the installation of solar water heaters, compact fluorescent lighting, a cooking option using LP Gas, solar cookers and/or gelfuel, and electricity generation for households in Welbedacht, KwaZulu-Natal.
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