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Successful Issuance of vintage 2020 GS VERs from UPM’s Sichuan Household Biogas PoA

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Today, UPM’s Sichuan Rural Poor-Household Biogas Development Programme (CDM PoA 2898, GS 1239) successfully obtained its ninth issuance of Gold Standard VERs covering the year 2020. After deduction of the share of proceeds to support CDM and Gold Standard operations and contribute to climate change adaptation activities, slightly more than 723,000 premium-quality GS VERs are available for sale to help clients around the globe achieve their climate action and CSR objectives.

Due to the expiry of the Kyoto Protocol and the uncertain future of the CDM after 2020, UPM has decided to have all PoA carbon credits as from (and including) vintage 2020 going forward issued solely under the Gold Standard, as GS VERs. However, the waiver of CDM certification only applies to the PoA’s vintage 2020+ issuances, the PoA itself has not been withdrawn from the CDM. It remains registered both under the CDM and the Gold Standard for the Global Goals (GS4GG) and there is no change whatsoever in the approach or quality of this project.

In contrast to the previous year, vintage 2020 GHG emission reductions achieved by this PoA increased again. There are two main reasons for this upward trend: Firstly, the swine flu epidemic situation in China improved considerably and secondly, due to COVID-19, many people living in densely populated urban centers returned to their families in the countryside. Consequently, more pigs had to be raised to feed them. 

The Sichuan Household Biogas PoA remains one of the leading household biogas programmes globally for its positive climate impact of more than 7.5 million tCO2e since its inception and its large contribution to meeting the UN Sustainable Development Goals.

The issuance of vintage 2021 GS VERs from this most reputable climate action programme is expected for the second quarter of 2023.

Your contacts at UPM for the Sichuan Household Biogas PoA and its GS CERs or GS VERs are:

Martin Dilger, Managing Director, UPM Germany
mdilger(at)upm-cdm.eu, T: +49 89 1222197 – 50

and

Gaiai Guo, Vice General Manager, UPM China
guog(at)upm-cdm.eu, T: +86 10 6468 0500

German State of Hesse buys Gold Standard CERs from UPM’s Sichuan Household Biogas PoA to offset GHG emissions from 2019 business travels

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In August 2021, the state of Hesse became the first German federal state to purchase high-quality Gold Standard CERs from UPM’s flagship project, the Sichuan Household Biogas PoA in China. The emission credits (certificates) purchased and subsequently retired will be used to make the business travel (vehicle fleet, air and rail travel, and business travel by private car) of the Hessian state administration climate neutral.

The Hessian cabinet had already decided in May 2010 to achieve a CO2-neutral state administration by 2030 and to prepare and gradually initiate the neutralization of the remaining GHG emissions through compensation. In this context, climate neutrality is a holistic approach with three major fields of action: Minimize, Substitute, and Offset unavoidable emissions.

As an important intermediate step towards this goal, the neutralization of GHG emissions for the area of official mobility in the state administration was started in 2020. To this end, quality-proof certificates are procured annually in compliance with public procurement law. This means that the emission credits for offsetting business travel took effect for the first time in the 2018 CO2 balance sheet.

For the state of Hesse, the purchase of carbon credits is basically a transitional solution until 100 percent of final energy consumption is covered from renewable energy sources, if possible, and the Hessian state administration has reduced its total GHG emissions to almost zero.

“We are very pleased to have won the Hessian state administration as a new carbon offset customer and to be able to support them in becoming climate neutral by 2030 with carbon credits from our highly appreciated Sichuan Household Biogas Program,” said Martin Dilger, Managing Director of UPM.

Your contacts at UPM for the Sichuan Household Biogas PoA and its GS CERs are:

Martin Dilger, Managing Director, UPM Germany
mdilger(at)upm-cdm.eu, T: +49 89 1222197 – 50

and

Gaiai Guo, Vice General Manager, UPM China
guog(at)upm-cdm.eu, T: +86 10 6468 0500 – 13

Successful Issuance of UPM’s Sichuan Household Biogas PoA 2019 Gold Standard CERs

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UPM’s Sichuan Rural Poor-Household Biogas Development Programme (CDM PoA 2898, GS 1239) successfully obtained its eighth issuance of Gold Standard CERs covering the year 2019. After deduction of the share of proceeds to support CDM and Gold Standards operations and contribute to climate change adaptation activities, 673,544 premium-quality GS CERs will be available for sale.

Recently, the PoA had renewed its crediting period under CDM and GS until 10th of April 2026. 

Vintage 2019 sees a slight decrease in the quantity of Emission Reduction achieved due to the porcine flu epidemic in China. The Sichuan Household Biogas PoA remains one of the leading household biogas programmes globally for its emissions reductions and overall contribution to the UN Sustainable Development Goals. To date, it has achieved a reduction of almost 6.7 million tCO2e.

The issuance of vintage 2020 GS CERs from this high-impact climate protection programme is expected for the second quarter of 2022.

Your contacts at UPM for the Sichuan Household Biogas PoA and its GS CERs are:

Martin Dilger, Managing Director, UPM Germany
mdilger(at)upm-cdm.eu, T: +49 89 1222197 – 50

and

Gaiai Guo, Vice General Manager, UPM China
guog(at)upm-cdm.eu, T: +86 10 6468 0500