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GS project Green Concepts Aegean coast, Turkey Wind power TURKEY CO2 COMPENSATION CO2 compensation describes a compensation mechanism that aims to compensate the emission of greenhouse gases, such as methane and carbon dioxide, with the creation and support of international climate protection projects that are funded by industrial nations. The fundamental idea behind CO2 compensation is to base these projects in emerging countries where they are economically and ecologically worthwhile, thereby ensuring the most efficient implementation of these climate change projects. Given that climate is global, it is irrelevant where in the world the emissions are cut down, as long as a reduction is made. PROJECT COUNTRY Turkey is the only country to be located on two continents: 3 % of its territory belongs to Europe, while the rest of the country is located in Asia. The various cultural influences of the region and the position between the Black Sea and Mediterranean Sea exert huge fascination on tourists from all over the world. Turkey’s diverse landscape offers long sandy beaches along the Mediterranean coast as well as mountains in the central region, whose peaks reach up to 3.900 meters. The north of the country is favored by a mild and humid climate along the Black Sea and large forested areas, where wild bears, lynx and wolves can still be found. More than 50 nature reserves and national parks are spread over the country, protecting the natural habitats of wild fauna and flora. PROJECT DESCRIPTION Turkey has experienced strong demographic and economic growth rates, which result in challenging implications for the country‘s energy policy. So far, Turkey largely depends on foreign gas supplies, but also relies on the use of coal as a source of energy. In contrast, renewable energies only represent a small part of the Turkish energy mix. However, plans are to increase the share of electricity generated from renewable energies to at least 30 % by 2023. The expansion of wind power plays an important role in order to achieve this ambitious goal. The countries environmental conditions are very suitable for wind power generation. Steady and strong onshore winds, which could be used in wind farms for the production of green electricity, can be measured all over the coastline, for example in the province of Izmir on the Aegean coast. The local wind farm was constructed whilst showing full respect for the environment and obtaining the permission of the members of more than 200 different local stakeholder groups. As a result, a substantial improvement of the air quality was achieved, delivering equal benefits to humans and the environment. SOCIAL AND ENVIRONMENTAL BENEFITS ONSHORE WIND POWER Project type Wind power/ renewable energy Certificate Voluntary Emission Reduction (VER), Gold Standard (GS) Verifier TÜV Rheinland Project location Aegean coast, Izmir, Turkey The wind farm in the province of Izmir on the Aegean coast offers both social and environmental benefits. Large quantities of CO2 are saved every year and thus further emission of pollutants and soot particles is prevented. The project promotes the expansion of renewable energies and the regional economy, as the material needed for construction is procured locally. Additionally, the construction and operation of the facility created new jobs with a wide variety of requirements. Moreover, the regions infrastructure was improved by different measures: so far, a primary school building was repaired, an air-conditioning system has been installed, the building of the local administration got power supply, streets have been built and bridges were renovated. Rotor hub THE GOLD STANDARD nacelle tower power grid Wind power results from the use of air flow through wind turbines. Inside the wind turbine motion energy is converted into electrical energy. KlimaINVEST Green Concepts GmbH The Gold Standard Foundation is a Swiss organization, initiated in 2003 by a group of 50 NGOs including the WWF, ensuring that energy efficiency and renewable energy projects actually reduce CO2 emissions, and provide benefits to the local population. Each Gold Standard project has to comply with the strict requirements of the United Nations Framework Convention on Climate Change (UNFCCC) and present additional environmental and social benefits, such as positive impacts on the well-being of the community hosting the project. The Gold Standard requirements are one of the highest standards in the world. The purchase of Verified Emission Reductions according to the Gold Standard contributes to climate and environment protection and promotes sustainable development by improving the social situation of the population within the project country. www.klima-invest.de | ABC-Straße 45 | 20354 Hamburg