On the 1st and 2nd May 2021, Tongaat Industrial Park was home to the start of a series of Wonderbag Markets to roll out across the country over the next six months.
The aim of this proudly SA company’s latest campaign will look to put one million subsidised Wonderbags into the homes of those who need them the most whilst offsetting carbon emissions that will help to save our planet.
Wonderbag is no stranger to global recognition and accolades for its game-changing humanitarian and environmental benefits with their most recent achievement by Fast Company SA in April 2021 recognising them as one of SA’s top 10 most innovative companies in 2020.
The 509 families who purchased the bags this weekend for a nominal amount will not only benefit from this revolutionary non-electric slow cooker’s time, money, water and energy savings – but the environmental benefits that will automatically transpire are enormous too!
Just one Wonderbag used over a year reduces up to 1,5 tons of carbon emissions annually, reduces exposure to indoor air-pollution by up to 90% in houses cooking with biomass materials, saves five trees annually from being cut down to prevent deforestation, reduces fuel costs for cooking by up to 80%, and saves over 1000 litres of water per annum.
According to Wonderbag’s CEO, Sarah Collins, these subsidized Wonderbags and this initiative is unique in that it forms part of an ongoing carbon credits project run by Wonderbag.
“In the Wonderbag Carbon Project, the difference between normal cooking emissions and that of Wonderbag cooking emissions are measured and verified to realise carbon offsets.
“So, for every Wonderbag purchased, we are collecting data in strict accordance with the South African POPI Act, to validate the issuing of carbon credits to large carbon emitting companies to assist in the global effort to stabilise greenhouse gas concentrations in the atmosphere and drive sustainable economic growth,” explains Collins.
Global carbon emissions from fossil fuels have increased by about 90% since 1970, constituting about 78% of total greenhouse gas emissions, which is the primary cause of climate change. South Africa is the 14th largest greenhouse gas emitter in the world.
Carbon Tax was legislated into law in SA in 2019 and is due to be enforced in the coming months, which is the reason for a spike in interest by local companies wanting to reduce their carbon footprint.
Carbon offsets can be purchased by corporations with large carbon footprints to mitigate their carbon emissions and the Carbon Tax places a market price on emissions that intends to encourage cleaner practices.
Wonderbag is Carbon Tax compliant and is registered as a Clean Development Mechanism with the company having a reputable history of issuing carbon offsets, having registered in 2011 and issuing carbon credits since 2013.
According to one of Wonderbag’s partners, Prometheus, who also happens to be among the leading companies in SA within the carbon space, Wonderbag is currently one of the few, if not the only, reputable and scalable Carbon Credits project of its kind – not only in SA, but globally.
Wonderbag Carbon Projects are registered and verified by international standards and is recognised as a carbon credit supplier.
“This is a truly exciting time for us as a business because ten years ago I believed that Wonderbag could make a significant difference to climate change and the environment, along with the humanitarian benefits this simple but innovative product offers.
“Even back then I knew that carbon credits would play a significant role in helping us to achieve the reach we needed to make real change and it is so rewarding to see this vision finally come full circle.
“The subsidising of Wonderbags at the Wonderbag Markets was made possible due to green funding from partnerships with like-minded organizations so that bags could be sold for just R50 instead of the normal R350 retail price to get them into as many middle to low income homes as possible so they can reap the maximum benefits,” says Collins.
The resale of the Wonderbags purchased at a subsidised price at a Wonderbag Market is prohibited and the next Wonderbag Market set to take place is at the Tongaat industrial Park on 8th and 9th May 2021.