122018Apr
22,783 CERs (Carbon Credits) Issued by UNFCCC for Recycling of Organic Waste In Dhaka, Bangladesh

22,783 CERs (Carbon Credits) Issued by UNFCCC for Recycling of Organic Waste In Dhaka, Bangladesh

carbon_creditUNFCCC issued 22.783 CERs up to December 31, 2012 for the  waste composting project located in Bulta, Roopganj, Narayanganj, Greater Dhaka. The CERs from the project will be purchased by Asian Development Bank’s Asia Pacific Carbon Fund. The first CER for the project was issued in August 2012. Third party verification was done by DNV for the issuance of CER.

This is the world’s first large-scale compost plant based on the Clean Development Mechanism (CDM). The plant was established as a joint venture as `WWR Bio Fertilizer Bangladesh Ltd.’  in partnership with a number of Dutch partners and Waste Concern. The plant has been operational since the end of 2008 and at present its capacity is 100 tons per day which will be increased to 150 tons per day shortly. The plant has two major sources of revenue: one is compost (organic fertilizer), and the other is Certified Emission Reduction (CERs). From January 2009 to September 2010, this project has processed 75-100 tons of organic waste on a daily basis.

This project is in line with low carbon development strategy of GOB as well as National 3R Strategy which promotes recycling of waste instead of land filling.  It may be mentioned here that Waste Concern drafted National 3R strategy for the Government of Bangladesh (GoB) through a participatory process.

http://cdm.unfccc.int/Projects/DB/SGS-UKL1134142761.05/iProcess/DNV-CUK1370596879.21/view