
Water Credits
At Yojan Solutions, we help organizations obtain water credits for their water conservation projects. We assess your water conservation projects and take over the entire issuance process, thereby giving you peace of mind.
The goal of water credits, or rainwater offset units, is to promote conservation of water by incentivizing recycling of water. Each water credit represents the equivalent of one thousand liters of recycled water put to productive use. Water credits can be awarded to rainwater harvesting projects like artificial ponds, lakes, check-dams or wastewater treatment initiatives like sewage or effluent treatment plants.
Why Water Credit ?
Water credits play a vital role in safeguarding the environment encouraging efficient use of water thereby reducing strain on natural resources.
Water credits are versatile commodity. By offering tangible incentives, these credits drive organizations to implement projects like rainwater harvesting and wastewater treatment, ultimately contributing to better water conservation practices.
Eligibility for water credits
Water credits can be awarded to rainwater harvesting systems like lakes, ponds, check dams and other infrastructure like ETP/STP
Quantifiable and confirmed water savings
Gainful end use of recycled water
General Requirements for Projects
Sustainable use of water must be calculable and verifiable through established methodologies and monitoring systems.
Projects should contribute to sustainable development goals in the host country. Sustainability initiatives should be on your own volition and not a government mandate
Projects typically need to go through a rigorous approval and registration process to ensure compliance with relevant standards and methodologies.
Process of Water Credit ?
01
Register the project and prepare dossier to show the project is operational
02
Prepare and submit Project Concept Note and Monitoring Report and await registry approval to proceed with verification
03
Hire third-party auditors and approved verifiers to carry out comprehensive audit and verification of the project
04
Verifier prepares report as per approved verification standards
05
After the Verification Report is uploaded, registry critically reviews it and gives approval
06
Registry issues RoUs into client’s E-wallet account. The client can offset, trade or tokenize these water credits.