Beijing/Munich, 03 December 2018 | News Release
UPM is delighted to announce that its Gold Standard and CDM certified Sichuan Household Biogas Programme of Activities (PoA) has avoided to date a total of 4.5 million tons of GHG emissions. This new emission reduction milestone is equivalent to GHG emissions of almost 1 million passenger cars for one year. With almost 400,000 poor rural households supported by the programme and measurable impacts on 14 of the 17 UN Sustainable Development Goals, UPM’s PoA remains at the forefront of carbon offset projects offering holistic approaches to climate change mitigation and sustainable development.
Martin Dilger, Managing Director of UPM, comments this milestone: “We are very proud that through this project, UPM was able to establish a strong partnership between all stakeholders, linking poor local farmers to responsible private companies from all over the globe, thus creating a platform for people to contribute together to a better climate for all and a sustainable future for the most vulnerable communities.”
UPM Sichuan Household Biogas PoA has been successfully migrated to the new Gold Standard for the Global Goals (GS4GG) earlier this year. The PoA is currently undergoing a verification process for the carbon credit vintages of 2016 and 2017. The issuance of about 1.6 million Gold Standard CERs is expected in the first quarter of 2019.
For further information about the PoA and the availability of its high-quality Gold Standard CERs please contact:
Martin Dilger, Managing Director, UPM Germany
mdilger(at)upm-cdm.eu, T: +49 89 1222197-50
Guo Gaiai, Vice General Manager, UPM China
guog(at)upm-cdm.eu, T: +86 10 6468 0500