Uruguayan capital Montevideo has requested a change in the starting date of the crediting period under the United Nations framework convention on climate change (UNFCCC) for a landfill gas recovery project.
The project involves designing, implementing and monitoring a landfill gas extraction, treatment, and flaring facility at the Montevideo landfill. The facility will allow the capture and destruction of methane generated at the landfill.
The first crediting period, which is the time during which an operation can generate emission reductions (ERs) is fixed at seven years. If the request is approved by UNFCCC, the first crediting period for this operation would run from February 2010 to February 2017.
The change in starting date would allow the project to generate emissions reductions (ERs) of 376,078t of CO2e, according to a World Bank project document.
If UNFCC rejects the request , the first crediting period will run from February 2008 to February 2015 and generate ERs of 194,368t of CO2e.
UNFCCC is due to render a decision by September 12.
Based on the result of the request, the World Bank's carbon finance unit intends to purchase the amount of ERs mentioned above, with an option to purchase up to twice the amount depending on the project's actual ER generation.
The Montevideo landfill gas reduction project was registered as a clean development mechanism (CDM) in 2008. However, the project has yet to be commissioned, mainly due to a delay in the bidding process for the LDF capture and flaring equipment.