Contact:
Jill Barker, EcoSecurities, +44 (0)1865 202 635, jill.barker@ecosecurities.com
EcoSecurities registers 22 Anaerobic Digestion CDM Projects in Mexico and the Philippines
DUBLIN: EcoSecurities, one of the world’s leading companies in the business of originating, creating and trading carbon credits, announces the registration of 22 Methane Recovery and Electricity Generation projects under the Kyoto Protocol’s Clean Development Mechanism (CDM). The projects are planned and in some cases underway at a series of pig farms in Mexico and the Philippines. Each project calls for construction of a covered in-ground anaerobic reactor to convert animal waste into biogas, an energy source that can be used to generate clean electricity on the sites.
Eighteen of the 22 projects, planned in the Mexican states of Puebla and Veracruz, were developed by EcoSecurities in conjunction with Cargill and Granjas Carroll de Mexico (GCM), The additional 4 projects, in the Phillipine provinces of Tarlac and Bulacan, were developed by EcoSecurities and Philippine BioSciences Co. (PhilBio).
These projects will reduce greenhouse gas emissions produced by the release of methane from wastewater lagoons. Combined, the projects have the potential to generate over 131,000 Certificates of Emission Reduction (CERs) per year.
EcoSecurities Implementation & Monitoring Manager Jessica Orrego states, “The registration of these projects represents a significant achievement, not just from the sizeable reductions achieved in greenhouse gas emissions but also in other environmental and sustainable development benefits such as the elimination of odour, additional employment opportunities and diversification of energy sources”.
The CDM is an article of the Kyoto Protocol which allows industrialised countries with a greenhouse gas reduction commitment (so-called Annex 1 countries) to invest in emission reducing projects in developing countries and count them towards their Kyoto targets.
Editor’s Notes
About EcoSecurities
EcoSecurities is one of the world’s leading companies in the business of originating, developing and trading carbon credits. EcoSecurities structures and guides greenhouse gas emission reduction projects through the Kyoto Protocol, acting as principal intermediary between the projects and the buyers of carbon credits.
EcoSecurities works with companies in developing and industrialising countries to create carbon credits from projects that reduce emissions of greenhouse gases. EcoSecurities has experience with projects in the areas of renewable energy, agriculture and urban waste management, industrial efficiency, and forestry. With a network of offices and representatives in 20 countries on five continents, EcoSecurities has amassed one of the industry’s largest and most diversified portfolios of carbon projects. Today, the company is working on 273 projects in 27 countries using 16 different technologies, with the potential to generate more than 146 million carbon credits.
EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker ECO.L). Additional information is available at www.ecosecurities.com.
About Cargill
Cargill is an international provider of food, agricultural and risk management products and services. With 149,000 employees in 63 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed.
About Granjas Carroll de Mexico
GCM is the largest comercial pig producer in Mexico. Starting in 1993, their operations are based in the states of Puebla and Veracruz currently, GCM has 57,000 sow in 16 farms. They are owned by US-based Smithfield Foods and Mexican-based AMSA (AgroIndustrias Mexicanas SA) (AgroIndustrias Unidas de México SA).
About Philippine Bio-Sciences Co. Inc
Philippine Bio-Sciences Co. Inc., "PhilBIO", designs, constructs, finances and operates proven, advanced waste-to-energy-systems to recover methane gas as aviable fuel for onsite electric power. Principally operating in The Philippines and Thailand, the firm has installed more than 35 of its digesters at hog farm operations in the last seven years with nearly 4MW of installed electricity capacity.