2.

Case Study on Social Issues and the Environment Group - B

Powerguda village in Adilabad district of Andhra Pradesh has sold 147 tonnes equivalent of saved carbon credits to the World Bank for US $645. According to villagers of Powerguda and Emmanuel DSilva a farmer, the World Bank staffs who are working in the area for creating awareness about their trade have extracted biodiesel from 4,500 Pongamia trees in their village. By using biodiesel instead of petroleum they were able to save 147 MT of CO2and were also able to enhance the air quality. The World Bank was buying the carbon credits to balance the aviation fuel burnt by aircrafts carrying bank officials. At present, many other villages of India are following Powerguda and making carbon credit sales.