UPM’s first CCERs now available

News Release - November 22, 2016

On the 31^st August 2016, UPM’s two CCER Sichuan Rural Household Biogas Projects had their first carbon credit issuance with 52,618 and 53,039 CCERs respectively. The projects were registered under the Chinese Certified Emission Reduction (CCER) scheme earlier this year and are developed by UPM and its Chinese partner Chengdu Oasis in cooperation with the Sichuan Rural Energy Office.

The credits are now available for purchase over-the-counter to all mandatory players in the emissions trading pilots being implemented in Beijing, Shanghai and Tianjin as well as to any industry players in voluntary carbon markets globally.

The two projects (SC01 and SC02) support approximately a total of 27,600 households by installing efficient biogas digesters and biogas cook-stoves on their premises. These proven and reliable systems reduce methane emissions originating from the widely used pits to store animal manure and provide the households with clean biogas for cooking, thus also replacing coal as fuel. Both projects are achieving a total GHG emission reduction of 106,000 tCO₂e annually.

UPM is very proud to bring its experience and expertise in developing and managing top-tier carbon emission reduction projects now to the Chinese carbon market as well. We are looking forward to being a partner of choice for players with demand for CCERs from high-quality projects or needing support in developing their own carbon offset projects eligible in China’s upcoming national market when it starts in 2017. - Martin Dilger, Managing Director of UPM

The Projects at a Glance

	Sichuan Rural Household Biogas Project (SC01)	Sichuan Rural Household Biogas Project (SC02)
GHG Emission Reduction	52,825 tCO₂e/year average	53,980 tCO₂e /year average
Number of Households	13,800 Households	13,798 Households
Locations	Miangyang, GuangAn, Suining, Leshan, Meishan, Aba	Leshan, Neijiang, Zigong, Yibin, Luzhou..
Start date of the project	13 March 2012	3 September 2011