We currently have two types of projects that have a significant impact on carbon dioxide (CO2) emissions: photovoltaic and energy efficiency projects (e.g. LED systems). The way we measure the annual CO2 emissions of both projects differs slightly:
Photovoltaic Projects: based on the fixed value of the first year of operation (marginal user method), we start by estimating the annual production of the installed photovoltaic panels (kWh). We consider this as the energy that is converted into clean energy, once it starts being produced through solar production (as opposed to fossil fuels, which is the national grid's most significant source).
Energy Efficiency Projects: we calculate the energy savings that arise from their installation - the energy that is no longer consumed due to the increased efficiency (kWh).
Once we have done this, we convert the energy into CO2 emissions according to the carbon intensity of the grid (for Portugal this is estimated by the Directorate General for Energy and Geology every year, 258,5g CO2/kWh for 2019).
We take into account the annual savings of the project's first year following its implementation.
You can check the amount of CO2 GoParity has helped avoid through the projects it has helped financed on our impact section.
You can also check the amount of CO2 emissions each project financed through the platform has avoided clicking in each project in our financed projects section.
Goparity is an impact investment platform that connects companies looking to finance their sustainable projects, with individuals and entities who want to invest sustainably. We are growing, both in terms of size and impact generated. We were born in Portugal in 2017, but have since then financed projects and grown a large community of investors all around the world.
Casa do ImpactoTv. de São Pedro 8
© 2021 Goparity
Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the project invested in. Consider all risks before investing and read the Key Investment Information Sheet (KIIS) for each investment, available at www.goparity.com. Power Parity, SA is a crowdlending platform authorized and supervised by CMVM (Portuguese Securities Commission). All payments, transfers and funds collection are assured by MangoPay SA, an electronic payments institution authorized and supervised by CSFF (Luxembourg Financial Authority) under the nº 8711.