Disclosable Restructuring and (or) Additional Financing Paper - Carbon Asset Development - Methane Recovery from Waste Mgmt Project - P152805 (Anglais)

The objective of the Carbon Asset Development - Methane Recovery from Waste Management Project is to assist Land Bank of the Philippines (LBP) with the development of carbon assets for purchase by the Carbon Partnership Facility (CPF). Several key activities...  Voir la suite The objective of the Carbon Asset Development - Methane Recovery from Waste Management Project is to assist Land Bank of the Philippines (LBP) with the development of carbon assets for purchase by the Carbon Partnership Facility (CPF). Several key activities under the CADF grant are still required to support the emission reductions of the farms and landfills and their delivery of CERs: (a) support to farms for manual monitoring of emission reductions in line with agreed protocols after the purchase and installation of the automatic monitoring equipment was not feasible due to insufficient interest of suppliers. This increases the importance of the extension of the closing date to finance the consultants who will continue to support the farms in the manual monitoring of the Emission Reductions and to ensure that final emission reductions can take place after final ERPA issuance. (b) assistance to the farms in finalization of the Environmental and Social Management Plans and further monitoring of the mitigation measures is still required, and CADF grant extension is needed to ensure continued financing of these activities, as well as the third-party auditor undertaking the renewal of the crediting period for both programs; and (c) technical assessment of biogas digestor systems of the registered project and lessons learned to increase the delivery of the certified emission reductions from the piggery farms and landfills under the program.  Réduire