Credits from Santa Marta Landfill Gas (LFG) project, in which ALLCOT is participating as a climate change consultancy, are already available under Gold Standard
ALLCOT Group continues working on the development of Santa Marta Landfill Gas (LFG) Capture for Electricity Generation Project, located in Santiago de Chile, and now a new phase has been reached: Credits are already available under the new version of Gold Standard, Gold Standard for the Global Goals. This is a next-generation standard designed to accelerate progress toward the Paris Climate Agreement and the Sustainable Development Goals, allowing a broad range of projects and programmes to quantify, certify, and maximise their impacts.
The project Santa Marta Landfill Gas (LFG) Capture for Electricity Generation Project is a landfill gas to energy project developed by Consorcio Santa Marta S.A. The proposed activity involves the collection and utilization of the landfill gas for generation of electricity.
Santa Marta landfill is an existing and operational landfill site. It is located 17 km south of Santiago city and started its operation in 2002. The site is suitable for municipal solid waste management and it is one of the most important landfills in the region.
The main social and environmental impacts of this project are renewable energy generation, reduction greenhouse gases and generation of a positive effect on health and amenity in the local area as the release of landfill gas can have a negative impact on the health of the local population and environment. The project also has a positive impact on employment in the local area. Additionally, the project helps the Host Country to fulfill its goal of promoting sustainable development.
The project has followed a Large-scale Consolidated Methodology: Flaring or use of landfill gas – Version 15.0 and it has issued an amount of Verified Emission Reductions (VERs) of 217,595tCO2 for the second monitoring period, from 01/09/2015 to 11/05/2016 and 479,774 tCO2 for the third monitoring period, from 12/05/2016 to 31/07/2017.
“ALLCOT Group is a carbon project developer leader. We develop greenhouse gas (GHGs) emission reduction projects in several sectors to contribute in the fight against irreversible climate change. We are delighted about our partnership with Consorcio Santa Marta S.A to advise them how to follow all the phases from the transition to the new Gold Standard for the Global Goals and the monitoring of the sustainability and GHG emissions indicators until the verification and issuance of these high-quality carbon credits”, says Alexis L. Leroy, CEO and Founder of ALLCOT Group.