On July 3, Nguyen Nam Thang, General Director of AMI Khanh Hoa, announced that their company had been selected to provide carbon credits for the Paris Olympics 2024.

AMI Khanh Hoa operates a solar power plant with a total installed capacity of 50MW, generating 76,842 MWh of electricity annually. This project replaces approximately 65,254 tCO2 per year of human-induced greenhouse gas emissions.

According to the company's official, the Paris Olympics 2024 organising committee recently shared updates on their climate commitments in two main areas: reducing emissions related to the Olympics and supporting carbon reduction projects.

The organizing committee emphasized that major sports events must take responsibility for addressing climate change. Consequently, they have adopted a new approach compared to previous sports events, focusing on preemptive carbon offset activities with a goal and strategy to reduce the carbon impact of the Olympics.

Internationally, Paris Olympics 2024 organizing committee has selected several projects that comply with voluntary carbon offset rules and criteria and positively impact values ​​aligned with Paris Olympics 2024 and sports, such as health, gender equality, education, and biodiversity protection. These projects meet the highest international certification standards and achieve significant carbon reductions. Among these is the Khanh Hoa Solar Power Plant, chosen to provide carbon credits for the Paris Olympics.

Additionally, the Paris Olympics 2024 organizing committee is sponsoring nine projects (all located near the equator, one of the regions most affected by climate change) to implement carbon reduction and offsetting activities for the Olympics. These initiatives include installing tens of thousands of cooking systems and providing easier access to water in Nigeria, Congo, Kenya, and Rwanda; protecting thousands of hectares of forest from deforestation in Guatemala and Kenya; and restoring mangroves in Senegal.

Xuan Ngoc