Feasibility Study for Climate Action Sprint Project

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Client: Wärtsilä Corporation

Expertise

Carbon trading & Climate strategy

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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

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.