A SYSTEMS-BASED SOLUTION
INTEGRATION VS. SINGLE SILOS
ECONOMIES MIMIC THE BIOLOGICAL LAWS OF GROWTH AND SURVIVAL
THEY ARE ENERGETIC – THEY ARE BASED UPON THE ABILITY TO GENERATE AND HARNESS POWER
THE CHALLENGE
ADDRESSING THE CONSEQUENCES OF UNEQUAL DEVELOPMENT
FOR AFRICA (WHERE ~1.3 BILLION PEOPLE INHABIT 30 MILLION SQ. KM OF LAND)
ENDURING WEALTH FOR A RURAL COMMUNITY
FOR THE AKYEM ABUAKWA KINGDOM, RENEWABLE, UTILITY-SCALE POWER – COMBINED WITH THE NATURAL RESOURCES AND ECOSYSTEM SERVICES OF THE EARTH, IS THE LONG-TERM SOLUTION TO SUSTAINABLE DEVELOPMENT
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Our partnership will generate 40 MW of biomass baseload power, sufficient renewable energy (RE) to provide electricity to ~1.9 million rural households (~9.6 million people).
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It will take former arable lands that have been destroyed by illegal Maning and are now unusable and regenerate them into health, biodiverse agroforestry areas that will support the Akyem Abuakwa Kingdom (AAK) long after we are gone.
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While we are still here, the profits earned by the AAK will go into a community trust and, after ~20 years of operation, the Kingdom will own the entire project.
AN ECONOMIC IMPERATIVE
LAND REGENERATION IS THE LEVERAGE POINT AND THE FORCE MULTIPLIER
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Every $1 invested in ecosystem regeneration creates up to $30 in economic benefits (UNEP).
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Meeting the 2030 Bonn Challenge to restore 350mm hectares of degraded land would create in excess of $170bn in net benefits annually (IUCN).
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The restoration of 350 million hectares of degraded terrestrial and aquatic ecosystems, by 2030, could generate $9 trillion in ecosystem services and remove 13 to 26 GtC from the atmosphere.
THE ECONOMIC BENEFITS OF SUCH ACTIONS EXCEED 9X THE COST OF INVESTMENT – THE COST OF INACTION IS AT LEAST 3X MORE THAT OF THAN ECOSYSTEM RESTORATION (UNEP).
THE POWER + AGROFORESTRY SYSTEM
POWER FROM HYDROCARBONS HAS DRIVEN INDUSTRIALIZATION IN THE GLOBAL NORTH, WHILE COMPROMISING THE NATURAL CAPITAL AND RESOURCES OF AFRICA. SOLVING THIS PROBLEM REQUIRES POWER, FOOD, AND WATER SECURITY.
THE PROJECT:
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Provides desperately needed energy access to a rural community and to the surrounding region.
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Cultivates ~5,00 - 6,000 hectares of C4 feedstock grasses that regenerate soil, water, and degraded mining lands in order to generate electricity, while producing an ash residue waste stream to further remediate soil and biosystems.
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Creates a separate yet integrated ~4,000 hectare smallholder agricultural partnership comprised of ~5,000 farms
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Facilitates the energy transition and offsets hydrocarbon emissions.
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Removes carbon from the atmosphere – placing it back in the soil and in plants.
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Accelerates Voluntary Carbon Markets in Africa (VCMs), driving necessary transfers of wealth from the Global North to the Global South for sustainable development.
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Creates the basis for a carbon-based regional economy and drives the 2030 Goals.
INTEGRATED VALUE AT-SCALE
ACCELERATING IMPACT
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One of the problems associated with developing CDR credits is scale – most farms in Africa are smallholders of ~2 hectares, or less, by contrast, we operate at-scale.
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Operating at-scale allows us to facilitate high-integrity, high-volume, CO2 removal and socio-environmental co-benefits as follows (see chart):
OUR FINANCE-DRIVEN APPROACH IS DRIVEN BY REAL RESOURCES, ASSETS & INCOME
Taken together, the power plant and the Project's 20-year long power purchase agreement (PPA) with the Electric Company of Ghana (ECG) ensure that:
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The project will generate the majority of Ghana's renewable utility-scale, baseload electricity, dispatching it to the national grid at an agreed upon tariff.
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Because our power is low-cost, renewable. and non-intermittent, it will most likely be prioritized for purchase and dispatch by ECG above hydrocarbon-based thermal or to intermittent renewables electricity sources.
The ~10,000 hectare (100 sq. km) organic agroforestry system, consists of of two separate, but distinct, parts:
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~5,500-6,000 hectares of mechanically planted and harvested sugarcane that is owned and controlled directly by the project (intercropped with trees, herbs, groundnuts, and vegetables),
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~4,000 hectares of land that is divided into ~5,000 smallholder farms for the Akyem Abuakwa community, which grow avocado trees, ginger, turmeric, groundnuts, and legumes.
The income that is generated by CO2e offsetting and by carbon farming is sold by the Project to compliance and to voluntary carbon markets.
By 2030, we expect to:
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Offset ~685,000 tCO2e in emissions via the generation of renewable power,
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Remove ~1 2 million tons of CO2e from the atmosphere by means of organic soil carbon, biochar, enhanced rock weathering, and other technologies.
