Tradewater
Preventing the world’s most potent greenhouse and ozone-depleting gases from releasing into the atmosphere.
What Tradewater does
Tradewater is an organization focused on collecting and destroying refrigerant gases that contribute significantly to global warming and ozone depletion. Established in 2016, Tradewater's mission has been to mitigate climate change by preventing the release of potent greenhouse gases. Their efforts have resulted in the permanent and verified destruction of over 5.8 million tons of CO2 equivalent gases as of 2022, with ongoing projects aimed at increasing this impact.
Mission and Impact
Tradewater's mission is to improve the environment by preventing the release of greenhouse gases that contribute to global warming. Since its inception, Tradewater has prevented millions of tons of carbon dioxide equivalent gases from entering the atmosphere.
Climeworks: A Pioneer in DAC
Climeworks has emerged as a leader in the DAC field, founded with the vision of making a significant impact on global CO2 levels. The company's facilities are designed to capture atmospheric CO2 on a scalable level, showcasing their commitment to addressing climate change. Their innovative approach combines advanced technology with sustainable practices, aiming to create a carbon-neutral future.
Specialized in Refrigerants
Tradewater focuses on refrigerants that are potent greenhouse gases, such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs). These gases are much more potent than carbon dioxide and can stay in the atmosphere for a long time.
Global Operations
Tradewater operates globally, sourcing and destroying refrigerants in various countries to maximize its impact on reducing emissions. They engage in projects around the world, from the Dominican Republic to Ghana, demonstrating a broad geographic reach.
Methodology
The process involves collecting refrigerants, verifying their type and quantity, and destroying them in a manner that adheres to strict environmental standards. This process is verified by independent third parties and results in the generation of carbon offset credits.
Sustainability and Compliance
All destruction activities adhere to the Montreal Protocol and are designed to ensure that refrigerants are permanently and irreversibly destroyed. The technology used for destruction is recommended by the UN Technology & Economic Assessment Panel and achieves a destruction efficiency of 99.99% or higher.
Verification and Transparency
Tradewater's projects are rigorously audited and certified by recognized carbon registries like the American Carbon Registry and the California Air Resources Board, ensuring their quality and reliability.
About Tradewater
Tradewater has collected, controlled, and destroyed halocarbons and methane equivalent to 7.5 million metric tons of CO2 thus far.
Summary:
- Collecting harmful refrigerants
- Refrigerant gas destruction
- Global environmental impact
- CFCs and HCFCs management
- Advanced recycling technologies
Quick Facts:
**Foundation Year**: Founded in 2016.
**Scalability**: Tradewater’s model is designed to be scalable, allowing them to expand their impact as they grow and as more resources become available for environmental protection.
**Recognition and Awards**: Due to their effective model and significant impact, Tradewater has received recognition and accolades from environmental groups and industry experts.
Halocarbons – Refrigerants are as much as 10,200 times more potent than CO2. According to Drawdown, managing these gases is listed as one of the main approaches to fighting accelerated global warming.
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Why Tradewater?
Supporting Tradewater’s Refrigerant Solutions is essential for a variety of reasons that align with broader environmental goals and climate change mitigation efforts. Firstly, refrigerants such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) are potent greenhouse gases with a much higher global warming potential than carbon dioxide. By effectively collecting and destroying these refrigerants, Tradewater prevents significant amounts of these harmful gases from being released into the atmosphere, which directly contributes to reducing the impact of global warming.
Additionally, Tradewater’s operations support the compliance with international environmental agreements such as the Montreal Protocol, which mandates the phasing out of ozone-depleting substances. Their rigorous processes ensure that the refrigerants are destroyed with over 99.99% efficiency, using methods approved by the UN Technology & Economic Assessment Panel. This not only helps in protecting the ozone layer but also ensures that the destruction of these gases is permanent and irreversible, avoiding any future environmental degradation.
Moreover, Tradewater’s work generates economic benefits for local communities by creating jobs and supporting local economies through their global projects. They also issue carbon offset credits, contributing to the economic aspects of environmental sustainability. These projects align with the United Nations Sustainable Development Goals, further underlining the broader positive impacts of supporting Tradewater’s initiatives.
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In the news
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