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CARBON PROJECT

Earthbond Nigeria Distributed Solar for Productive Use

Gold Standard · GS23250 · Nigeria

All projects Open in the registry
Credits issued
0
tonnes CO₂-equivalent
Credits retired
0
—
Remaining
0
issued and not yet retired
Status
In the pipeline
Listed

About this project

Lagos has around 4.7 million gensets, which emit an estimated 39 million tonnes of CO2 per year. The reliance on gensets for electricity due to insufficient grid availability leads to health issues and costs Nigerians ₦7.6 trillion on fuel and maintenance. The average small to medium business spends ~₦50,000-400,000 per month just on fuel. This is not just an energy crisis. It is a missed opportunity for economic growth, environmental sustainability, and global leadership. Earthbond, a climate tech start-up based in Lagos, is implementing a distributed solar project in Nigeria to reduce reliance on expensive and polluting gensets. Earthbond provides a digital one-stop-shop which removes the complexity and cost for over 45 million African businesses who need to switch to clean, affordable, and reliable energy. As well as the economic and health benefits, solar installations and the displacement of gensets will lead to a reduction in CO2 emissions. The technology includes solar PV systems which are suitable for micro, small and medium sized enterprises (MSMEs). The project aims to reach thousands of businesses across Nigeria and will last for 15 years. The Earthbond Distributed Solar project will create significant economic, social and environmental impact by reducing the costs associated with electricity supply, remove exposure to smoke and carbon monoxide, and reduce CO2 emissions.

The record

Project ID
GS23250
Registry
Gold Standard
Type
Solar - Distributed · Renewable Energy
Removal or reduction
Reduction
Methodology
—
Developer
Somerset Origination Ltd · 1 project
Country
Nigeria
First vintage
—
Crediting period
2025-06-18 to 2030-06-17
Estimated yearly credits
4,300
Scale
Small Scale · Standalone
Sustainable Development Goals
Goal 11: Sustainable Cities and Communities · Goal 7: Affordable and Clean Energy · Goal 13: Climate Action · Goal 4: Quality Education · Goal 8: Decent Work and Economic Growth
Data from
Berkeley VROD v2026-08 + Gold Standard registry

Community involvement

The registry record we hold does not describe the communities involved.

Registry documents (the project design document and validation report) normally cover consultation and benefit-sharing; open the record in the registry to read them.
Sustainable Development Goals claimed: Goal 11: Sustainable Cities and Communities · Goal 7: Affordable and Clean Energy · Goal 13: Climate Action · Goal 4: Quality Education · Goal 8: Decent Work and Economic Growth

Status and timeline

Registry status
Listed (In the pipeline)
First credits (vintage)
none yet
Crediting period
2025-06-18 to 2030-06-17
Credits issued
0 (retired 0)

Location

Country only The registry gives the country only, so the project is not drawn on the map

The registry gives Nigeria as the location, so this project is not drawn on the map. It is counted in the country totals.

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Credit totals and status are as compiled in the Berkeley Voluntary Registry Offsets Database v2026-08 (CC BY 4.0) and change as the registries update. Please check the registry record before you quote a figure.
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