kenya cooking initiative

Solaxy Group Transforms Cooking in Rural Kenya with Clean Cookstove Initiative

SAN JOSE, CA, UNITED STATES, July 15, 2023/ — Solaxy Group Corp is proud to announce the launch of its Clean Cookstove Initiative Project, a pioneering effort to address critical health and environmental challenges faced by rural communities in Kenya. This transformative initiative aims to provide 200,000 improved cookstoves to underserved households across Kenya over the next two years. By replacing traditional wood-burning stoves, Solaxy Group Corp is committed to improving the socio-economic well-being of women and children, while also combating deforestation, air pollution, and climate change. The majority of families in rural Kenya have long relied on traditional stoves that burn wood for cooking, despite their inefficiency and harmful emissions. This reliance has led to severe consequences, including respiratory diseases, deforestation, and adverse health effects, especially for women and children who are most vulnerable. Additionally, the time-consuming task of gathering fuel hampers educational and economic opportunities for households. Recognizing the urgent need for a sustainable solution, Solaxy Group Corp has developed the Solaxy Clean Cookstove, an innovative cooking technology. Constructed with durable materials and lined with ceramic, these improved cookstoves offer a high-power thermal efficiency of 51.5%, ensuring even heat distribution and reduced fuel consumption. By incorporating a unique combustion chamber, these stoves burn fuel more efficiently, resulting in lower smoke emissions and a safer cooking environment. “Our commitment to providing clean and efficient cooking solutions is at the heart of our mission,” says Abbas Mashaollah, CEO of Solaxy Group Corp. “The Solaxy Clean Cookstove not only reduces the health risks associated with traditional stoves but also empowers women, protects the environment, and contributes to the global fight against climate change.” The Solaxy Clean Cookstove Initiative brings a multitude of benefits to underserved communities, with a key focus on providing improved cookstoves free of charge. This ensures equal access to this transformative technology for households that need it the most. The initiative emphasizes the importance of universal access to clean cooking for all individuals, regardless of their socio-economic background. The economic impact of the initiative is substantial. By replacing traditional stoves with improved cookstoves, households experience immediate economic benefits. The reduced fuel consumption significantly lowers fuel costs, relieving financial burdens and enabling families to allocate resources to other pressing needs. This economic stability has the potential to lift households out of poverty and foster sustainable economic growth. Improved health and well-being are also central outcomes of the Solaxy Clean Cookstove Initiative. Traditional cookstoves emit harmful pollutants that contribute to respiratory illnesses and other health problems. In contrast, the clean cookstoves emit fewer pollutants, leading to better indoor air quality and improved health outcomes for families, particularly women, and children. By reducing exposure to hazardous pollutants, the clean cookstoves enhance overall well-being and quality of life for community members. Gender equality and women’s empowerment are essential considerations in the initiative. Women and girls often bear the responsibility of cooking in many households and are disproportionately affected by the health impacts of traditional cookstoves. By minimizing their exposure to harmful pollutants, the clean cookstoves have a positive impact on women’s health and well-being. This, in turn, enables women to thrive, pursue education, engage in income-generating activities, and actively contribute to their communities, fostering gender equality and empowerment. Environmental sustainability is a core principle of the Solaxy Clean Cookstove Initiative. Traditional cookstoves contribute to deforestation and climate change through the emission of greenhouse gases. By promoting the adoption of improved cookstoves that use less fuel and emit fewer emissions, the project helps mitigate climate change and promotes sustainable energy practices. The reduction in wood fuel demand also contributes to the preservation of forests and aligns with the global commitment to combat deforestation. Solaxy Group Corp is dedicated to driving positive change in rural communities by providing access to clean cooking solutions. Through the Solaxy Clean Cookstove Initiative, Solaxy Group Corp is paving the way for a brighter and more sustainable future, improving the lives of individuals and families in Kenya while combatting climate change. For more information or to support the Solaxy Clean Cookstove Initiative, please visit our website at Jason BaconSolaxy Group Corp.+1 408-610-4700email us hereVisit us on social media:TwitterLinkedInInstagramYouTube

A Guide to Carbon Credits and Offsets for a Greener World
Carbon Market

Unlocking Carbon Markets: Your Guide to Credits & Offsets

SAN JOSE – In the face of escalating concerns over climate change, the urgency to combat greenhouse gas emissions has reached critical levels. As the world grapples with the need to transition to a sustainable future, carbon credits and carbon offsets have emerged as essential tools in the fight against climate change. Originating from international agreements such as the Kyoto Protocol and the Paris Agreement, these mechanisms provide avenues for countries, corporations, and individuals to actively participate in efforts to mitigate climate change. This comprehensive guide explores the fundamentals of carbon credits and carbon offsets, their role in compliance and voluntary markets, their lifecycle, and the opportunities and risks associated with these emerging markets. The Evolution of Carbon Markets: Carbon markets have evolved over time, with their inception dating back to the late 1990s with the Kyoto Protocol. Initially signed by 180 countries, the protocol aimed to limit or reduce greenhouse gas emissions from industrialized nations while allowing developing countries voluntary targets or exemptions. It introduced market-based mechanisms, including the Clean Development Mechanism (CDM), Joint Implementation (JI), and International Emissions Trading (IET) mechanism, to facilitate emission reduction efforts and private sector participation. Building on the Kyoto Protocol, the Paris Agreement expanded the scope by including both industrialized and developing countries in setting emission reduction goals. It also introduced new market-based mechanisms like the Sustainable Development Mechanism (SDM) and internationally transferred mitigation outcomes (ITMOs) to promote carbon offsets and trading. Understanding Carbon Credits and Carbon Offsets: While carbon credits and carbon offsets are often used interchangeably, they have distinct characteristics. Carbon credits represent the right to emit a specific amount of greenhouse gases, usually one metric ton of carbon dioxide equivalent (CO2e). These tradable permits are issued under compliance markets, such as cap-and-trade systems, enabling entities to meet emissions limits. Conversely, carbon offsets represent the removal or avoidance of a specific amount of greenhouse gases from the atmosphere. They can be generated through projects that reduce emissions (avoidance projects) or projects that remove emissions (removal or sequestration projects). Carbon offsets are commonly used in voluntary markets to support corporate or individual environmental commitments, but they can also be approved for compliance markets under certain conditions. Compliance and Voluntary Carbon Markets: Carbon markets can be classified into compliance markets and voluntary markets. Compliance markets operate under regulatory frameworks that require entities to meet emissions caps or reduction targets. These markets facilitate the trading of carbon credits to ensure compliance with regulatory obligations. Examples of compliance markets include the European Union Emissions Trading System (EU ETS) and California’s cap-and-trade program. On the other hand, voluntary markets operate outside regulatory requirements, allowing companies and individuals to voluntarily offset their emissions. Participants in voluntary markets can invest in carbon offset projects, purchase and retire carbon offsets, or trade them to support their environmental goals. Voluntary carbon marketplaces, such as the American Carbon Registry, Verra, the Gold Standard, and the Climate Action Reserve, provide platforms for trading and verification of carbon offsets. The Lifecycle of a Carbon Offset: A carbon offset undergoes various stages in its lifecycle, from project design to retirement. These stages typically include design and screening, initial compliance audit, project development, financing and implementation, operations audit, certification and issuance, offset trading phase, and retirement. The project sponsor designs the carbon offset project, undergoes screening and compliance audits by third-party verifiers, develops and implements the project, and undergoes operations audits to ensure the anticipated emissions reductions. Upon successful verification, the registry issues the carbon offsets, which can then be traded on various platforms. Finally, an end consumer purchases and retires the carbon offset, indicating its use in offsetting emissions. Valuing Carbon Offsets: The value of a carbon offset depends on several factors, including its vintage, project type, and certification standards. The vintage refers to the year in which the emissions were avoided, with newer vintages often carrying higher value due to increased quality and assurance of additionality. The type of project also influences the value, with removal projects generally commanding higher prices than avoidance projects. Additionally, the certification standards of the issuing registry play a significant role in determining the value of a carbon offset. Registries such as the American Carbon Registry, Verra, and the Climate Action Reserve establish rigorous standards to ensure the credibility and environmental integrity of carbon offsets. Opportunities and Risks in Carbon Markets: Carbon markets present both opportunities and risks for participants. For companies, engaging in carbon markets allows them to demonstrate their commitment to sustainability, achieve emissions reduction targets, and enhance their environmental reputation. It can also provide financial benefits through the sale of carbon offsets or cost savings through emission reduction projects. However, participation in carbon markets comes with risks, including regulatory uncertainty, market volatility, reputational risks, and challenges associated with accurately quantifying emissions reductions. It is crucial for participants to navigate these risks through robust due diligence, strategic planning, and adherence to recognized standards and guidelines. Carbon credits and carbon offsets play pivotal roles in global efforts to combat climate change. From their origins in international agreements to the establishment of compliance and voluntary markets, these mechanisms provide pathways for emission reductions, environmental stewardship, and the transition to a low-carbon economy. Understanding the fundamentals of carbon credits and carbon offsets, along with their valuation, lifecycle, and associated risks, is crucial for stakeholders seeking to make a meaningful impact on the health of the planet. As the world strives towards a more sustainable future, the effective utilization of carbon markets will play a vital role in achieving our climate goals and safeguarding our environment.


Fight Climate Change, Reduce Your Carbon Footprint, and Support Global Communities with Solaxy

SAN JOSE, Calif., Feb. 14, 2023 /PRNewswire/ — The Solaxy Group, one of the leading developers of net-zero carbon projects, announced today the pre-launch of its innovative carbon credit marketplace, designed to help users fight climate change and reduce their carbon footprint. The Solaxy marketplace provides users with the tools to calculate and reduce their personal carbon footprints, access carbon-offset projects, and be awarded carbon credits as they are produced from the many projects that they are involved in. “The devastating effects of climate change are a pressing concern for everyone, and it’s essential that we all take action to reduce our carbon footprint,” said Abbas Mashaollah, CEO of Solaxy Group Corporation. “With the Solaxy marketplace, we’re giving people the tools they need to make a difference and provide them a platform to purchase and invest in carbon credits that in turn support sustainable initiatives while reducing their carbon footprint.” Solaxy’s Carbon Footprint Calculator The Solaxy platform carbon footprint calculator is an all-inclusive tool that makes it easy to calculate the environmental impact of daily activities. The calculator takes into account everything from energy usage to transportation to food choices, providing a comprehensive picture of an individual’s or business carbon footprint. Based on the results of the calculator, the app provides personalized recommendations for reducing emissions, offering practical tips and suggestions for reducing energy usage, switching to renewable energy sources, and reducing waste. The app also provides educational resources to help users learn more about reducing emissions and protecting the environment. Total Carbon Credit Control Solaxy platform users can earn carbon credits by reducing their carbon footprints and offsetting their unavoidable emissions. Users have full control over their carbon credits, and any excess carbon credits on the account can be redeemed with Solaxy partners or sold on the carbon credits market. Unlike other carbon credit programs that impose restrictions on credits, Solaxy gives users complete control over their carbon credits. With the price of carbon credits projected to rise significantly in the coming years, the Solaxy platform provides a unique opportunity for users to invest in carbon credits while supporting sustainable projects. Customizable Impact Plans Solaxy offers a range of customizable impact plans, allowing users to choose the level of impact they want to make. Whether users want to take small steps, make a moderate impact, or go all-out to reduce emissions, the app provides tailored recommendations for reducing their carbon footprint. With a range of educational resources, the Solaxy app helps users build new habits and make a lasting impact on the environment. Whether users are looking to reduce energy usage at home or make more sustainable choices in their daily lives, the app provides the tools and resources needed to make a difference. By joining Solaxy, members will receive benefits aligned with the aims of the Paris Agreement and the UN Sustainable Development Goals. The Solaxy marketplace provides a simple, effective way to make a measurable environmental difference while also saving money. Join the Solaxy waitlist now and stay updated on the Solaxy marketplace by following them on social media: Facebook, Twitter, LinkedIn. About Solaxy Group Corp. Solaxy Group is an innovator for net-zero carbon efforts. The company develops and manages a range of extensive emission reduction projects, including solar farms, wind farms, reforestation, afforestation, and more. Solaxy designs and operates platforms that bring public and private stakeholders together for shared solutions, with a focus on generating capital in the form of carbon credits and green energy. Solaxy is dedicated to their mission of saving the planet, one carbon credit at a time. Learn more about Solaxy Marketplace and Join the waitlist @ Media Contact: Jason Bacon 408-610-4700

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