In 2017 the Siemens Gamesa Renewable Energy employees had the option to choose donation for reforestation through GROW|FOR|IT as one of more options.
By choosing reforestation as their 2017 Christmas present, the employees have ensured that GROW|FOR|IT can plant enough trees in the tropics for these employees to consider themselves CO₂ neutral throughout 2018.
The choice is an indication that reforestation is seen as one of more common tools to capture CO₂ from the atmosphere. So, it is considered a realistic means among the efforts to reduce global warming.
We warmly thank all Siemens Gamesa Renewable Energy employees for their choice of Christmas present! We also thank the Siemens Gamesa management for donating extra 197 unclaimed Christmas gifts on top of the 103, making a total of 300 donations times 400 DKK = 120.000 DKK for reforestation.
Dear GROW|FOR|IT members and donors.
Thanks to your contributions, your memberships, and to SKAT’s handling of our application, we have achieved the approval according to the Danish Tax Assessment Act § 8A.
§8A is the clause in the act that grants tax reduction for donations to organisations and associations that work for the common good. This means that now substantial donations towards balancing of CO2 emission can be deducted from income just like donations to other charitable associations. The above applies to Danish taxpayers only; other national exemptions may apply in other countries.
Karen and Svend Thomsen of 90 and 89 years, respectively, have decided to give their grandchildren a lifelong CO₂ balancing through reforestation. The trees will through their growth capture the amount of CO₂ which their grandchildren have emitted and will emit, until the green energy transition is a fact.
So, now Vanessa, Fiona, Benedikte, Andreas, and Konstantin can continue their lives knowing that their grandparents have balanced their CO₂ emission, until we are free of the fossil era.
GROW|FOR|IT thank Karen and Svend for the fine idea of grandparents buying lifelong CO₂ balance for their grandchildren.
Prime Minister Jacinda Ardern has set an ambitious goal for the country in the effort to reduce global warming.
New Zealand plans to use reforestation as a means to remove some of the large amounts of CO2 emitted to the atmosphere. Under the “1 Billion Trees Programme” prime minister Ardern’s government promises to plant 100 million trees every year for ten years. The government wants New Zealand to achieve zero emmissions by 2050.
New Zealand is leading the way for the rest of us with it’s grand tree planting plan!
Dear members and sponsors of GROW|FOR|IT,
Thanks to your contributions and your memberships we now fulfill the last requirements for being approved according to the Tax Assessment Act 8§A, which implies tax reductions for donations to associations working for a cause for the common good.
GROW|FOR|IT have posted an application to SKAT for the approval (applies to Danish tax payers only), since we have met the necessary requirements, which are:
- More than 300 members who have each payed a membership fee of at least 50 DKK.
- More than 100 sponsors each donating minimum 200 DKK(30 USD/25 Euro) to reforestation.
- A yearly gross income/capital of more than 150,000 DKK.
At present we have more than 140,000 DKK for tree planting in 2017 and 2018 and more than 10,000 DKK for administration.
Read the entire text here: Link to SKAT (in Danish).
SKAT have informed us, that a processing time of 3 months can be expected. We will inform you, when/if we obtain the approval.
All the best,