Announcement on the Final Completion of Singapore’s first Clean Development Mechanism (CDM) project under the Kyoto Protocol [Press Releases]

October 15, 2012 by  
Filed under News

ECO Special Waste Management (ECO) is pleased to announce the final completion of the first Clean Development Mechanism (CDM) project in Singapore, under the Kyoto Protocol for control and management of greenhouse gases. This final completion was marked by the issuance on September 13th 2012 of Certified Emission Reductions (CERs), otherwise known as Carbon Credits, by the Executive Board of the United Nations Framework Convention on Climate Change (UNFCCC) to ECO’s facility “Dehydration and incineration of sewage sludge in Singapore.” (The project). ECO will now sell these credits to buyers in Europe or Japan to offset greenhouse gas emissions there.

“This is remarkable as the first issuance of carbon credits to any project or company in Singapore, is for a very large scale project, and is also the first sewage sludge project of its kind in the world to be approved and certified under the Clean Development Mechanism,” commented Rick Reidinger, CEO of ECO. “Moreover, the Project is the first of its kind in Southeast Asia, and has the potential to be adopted in other key cities in the Region to address the growing problems of sewage sludge disposal.”

The Project involves the drying and incineration of sewage sludge from various water reclamation plants (WRPs) operated by PUB, Singapore’s national water agency. The Project uses advanced, custom-built vortex incineration systems supplied by a leading Japanese technology provider. The first batch of credits issued amounts to 11,331 tonnes of CO2, and will rise substantially in coming years as the project eliminates the production of ever greater quantities of greenhouse gases.

Source: ECO

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