Cities in emerging countries are filled with several hundred million combustion-fueled vehicles. As cities grow, the need for transportation/mobility grows and so does vehicular emissions. There are many initiatives and efforts to combat transport pollution. However, realistically speaking, it will take years for these to upscale to an impactful level. E.g. only 0,43% African vehicles run on biofuel or electricity. Asian countries ‘coverage is 0,13% to +5%. Many of the same countries has air pollution above recommended WHO level, causing high number of annual deaths. Local pollution´s damaging health effect is among other stated in the «COP24 Special report: Health & Climate Change» (WHO, 2018). Without affordable interventions, transport carbon emissions could double by 2050, with continued climate and health damages. Carbon-Cutter is a here & now bridging solution to transport pollution with many benefits:
- Affordable instant and sustained emission reductions: By retrofitting an in-expensive device in existing diesel and gasoline engines, GHGs and so-called Short-Lived Climate Pollutants which causes local air pollution are reduced instantly and sustained over time. The device also increases fuel efficiency and hence saves fuel costs. The RoI is only 6 weeks – 6 months.
- Creating green, decent jobs for poor: The simple, yet effective design enables us to pursue a hand-fabrication model where poor/marginalized are hired on decent terms to hand-make the device. The model is tested and proved, among other by People with Disabilities who make the device in their homes.
- Eligible for carbon-offset trading With both environmental and social impact, Carbon-Cutter is eligible for carbon-offset funds with higher prices.
- Public-private partnership for massive upscaling and additional climate financing: By partnering with climate governments in emerging countries, the easily measurable emission reduction can also be used for reporting. 2025 and 2030 are milestone reporting years for countries committed to the Paris agreement. Further, governments in emerging countries are in great need for additional climate financing. By entering a public-private partnership with us, governments we will offer the majority profits from carbon-offset trading for them to finance other climate challenges, for example in agriculture, flood prevention or plastic clean-up.
- Saved fuel costs enables saving schemes for future investments in “greener” vehicles: Saved fuel costs is particularly relevant for private transport vehicles owners/drivers. Part of our strategy is to target this group with retrofits and seek co-operation with financial institutions on saving schemes to enable future investment in greener vehicles.