Feasibility Study for Climate Action Sprint Project

Feasibility Study for Climate Action Sprint Project

Client: Wärtsilä Corporation

Expertise
Carbon trading & Climate strategy

Key facts

  • Project Location
    Finland
  • Period
    2018
  • Context
    Maritime sector
  • Sector
    Climate strategy
  • Services
    Feasibility study, Market survey, Capacity building
  • Beneficiaries

Purpose

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. It has a large pipeline of climate-smart marine and energy solu-tions that could generate carbon credits for each ton of GHG saved.

In this context, the purpose of this short Sprint consulting project was to elaborate a feasibility study for Wärtsilä carbon credit project opportunities in maritime transport and renewable energy to find out if there is a robust business case.

Services provided

A comprehensive feasibility study with underlying documentation, including:

  • Analysis of the context and drivers for Wärtsilä’s prospective carbon credits business
  • Identification of attractive Wärtsilä carbon credit projects with technical and commercial feasibility check
  • Strategic recommendations for successfully developing Wärtsilä’s carbon credits business
  • Feasibility study and pilot project recommendations

Sustainable development goals MORE DETAILS

Climate Action

Climate Action

This feasibility study shall contribute to Wärtsilä’s climate action strategy and prepare the ground for launching Wärtsilä’s carbon credits business. If the identified climate protection projects for maritime transport and renewable energy are implemented, there will be large savings of GHG emissions.

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