Recognition for Lafarge carbon project
First publishedon www.AggBusiness.com
Efforts to reduce carbon emissions at Lafarge’s Teresa cement plant in the Philippines have been officially recognised as having achieved a global standard. The project to recover heat from the plant to turn into electricity has been registered as a Clean Development Mechanism (CDM) by the CDM executive committee in Bonn, Germany.
The project at Teresa provides 30% of the plant’s electricity needs and has helped reduce carbon emissions by 12,000tonnes per year. This project is the fourth with Lafarge to achieve CDM status – the other located in Morocco, Malaysia and India use similar operations to meet electricity demand.
CDM is a mechanism established by the United Nations Framework Convention on Climate Change in the context of the Kyoto Protocol in 1997. The mechanism is designed to provide financial incentive for projects that reduce greenhouse gas emissions in developing countries.