● Plan to enroll 100 million by 2030 and offsetting 1 giga ton by year 2030
● To help people understand the importance of reducing carbon emissions
● Average Indian emits 2.4 tons of CO2e per year, with urban Indians emitting as high as 7x times more than rural areas
● 32% of total carbon emissions in India occurred due to individual actions
Myplan8 is a free, easy-to-use carbon dioxide emissions (CO2e) tracker that provides insight into the carbon footprint caused by our day-to-day lifestyle, regular travel and food consumption habits etc.
An individual can know about their carbon foot-print through Myplan8, by answering few simple questions on the application. The app will help people move towards a more sustainable way of living, through a carbon-conscious lifestyle and increased knowledge of climate change. The application also offers offsetting through hand-picked and verified offset partners.
Nidhi Mehra, Co-founder, Myplan8, Green Fintech Start-up said, “Every nation stress on carbon footprint reduction. India is one of the three biggest emitters, along with China and the US. We aim to eliminate roughly 1 Giga tons of carbon emissions by 2030 by enrolling 100 million people in Myplan8. India has yet to take concrete steps to reduce its carbon footprint, but with its G20 presidency in 2023, we must show the change. Every person now has the potential to lessen their influence, giving us the chance to become a developed nation with net zero emissions, which the west never achieved.”
“We will help millions of individuals create a sustainable future by tracking, reducing and offsetting their carbon footprint. It will create a harmonized environment to preserve present world and give it as a gift to future generations” she further added.
Yogesh Bagle, “Co-founder, Myplan8, Green Fintech Start-up elaborated on the app, “The biggest contributors includes -Water usage, Electricity usage, Food Habits, Waste Management, Mode of Transportation, Pets, Shopping & Lifestyle, and Digital Usage. The app will help individuals evaluate these aspects, basis the input provided in the app and it will also evaluate the CO2 emissions.”
“The footprint calculation process is unique and patented. The emission data is proprietary. The calculator is based on the UNFCCC (United Nations Framework Convention on Climate Change) Standard Framework, which has been verified by industry experts and a closed beta user group. We are the first to offer a digital carbon calculator in addition to the standard paper versions,” he further added.
Globally, the average carbon footprint stands at 7.2 tons and India’s average urban individual CO2 footprint can vary from 2.5 tons to 10 tons. The urban population emission rate is as high as 7x times more than the rural population. One ton of carbon can be offset by planting ~73 trees. India’s overall CO2 emissions stand at 2.88 Giga tons. One interesting fact is that you get to earn Myplan8 In-app credit with no investment for free, which amounts to almost USD 2.5 to help you kickstart your offsetting journey.
The app is giving an opportunity to earn upto 100 points on registration and on every activity completion. The gratification model has been built to create a positive habit of neutralizing one’s carbon emission and its impact on nature. The app also provides an electronic carbon balance sheet, which will be sent to one’s inbox every month, to keep track.
The company will also launch Bharat’s First Green Money Card™ by the month of March in partnership with an Indian bank. An individual’s carbon footprint will be automatically tracked linked to your transaction by Myplan8's green money card.
