University of Twente Student Theses
Integrating Carbon Credits into Sustainable Business Models : A Study on Solarizing Public Water Systems in Lebanon
Ashoush, Tarneem (2024) Integrating Carbon Credits into Sustainable Business Models : A Study on Solarizing Public Water Systems in Lebanon.
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| Abstract: | This thesis, in collaboration with the Netherlands Red Cross, investigates integrating carbon credits into sustainable business models, focusing on solar-powered public water systems in Lebanon. With Lebanon’s severe economic crisis and urgent need for sustainable water access, the study is relevant to environmental, social, and humanitarian issues. While carbon credits are globally recognized as a financial tool, their application in humanitarian contexts remain underexplored. This research aims to fill this gap by developing a business model that incorporates carbon credits to ensure the project's financial, environmental, and social sustainability. Using a mixed-methods approach, the study analyzes standards, processes, and the feasibility of acquiring carbon credits for Lebanon’s solarized water systems. It also explores potential business models, assessing their benefits and risks. The research concludes that scaling up solarized locations can make such projects financially viable, with carbon credits offering a sustainable funding mechanism. Additionally, the study emphasizes the importance of governance and the mitigation of ethical risks for humanitarian organizations when considering participation in voluntary carbon markets. Ultimately, the study highlights the importance of innovative business models that combine environmental and social benefits, emphasizing the need for robust frameworks to support Business Model Innovation (BMI) and Humanitarian Innovation. Recommendations for further steps by the organization are also provided. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 70 social sciences in general |
| Programme: | Environmental and Energy Management MSc (69319) |
| Link to this item: | https://purl.utwente.nl/essays/102727 |
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