Singapore’s 1st Clean Development Mechanism project under the Kyoto Protocol

From Press Release:

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.”

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