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BR-M1110 : Waste 2 Energy: Generating bioenergy and carbon credits from acai waste

Project Status: Closed

The project concerns the generation of carbon credits by low income people through the collection and processing of açai waste into an exportable biomass in Belém, State of Para. By organizing the collection mainly through catadores (waste collectors), new income earning opportunities are created for a substantial number of disadvantaged people. After being processed in food, the açai pits are normally being dumped illegally or at a local landfill. By processing açai residues into biomass for energy generation in Europe, organic waste methanisation is avoided. In this way, the beneficiaries will earn additional income from carbon credit sales under the Clean Development Mechanism. The private sector is involved in this initiative through the participation of the company VAR do Brazil. The company plans to arrange 80% of its açai residue requirement through catadores who will be organized through a cooperative.

Project Detail

Project Number
BR-M1110
Project Country
Brazil
Project Sector
ENERGY
Project Subsector
ENERGY
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/ME-13130-BR

Financial Information

Project Number
BR-M1110
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Mar/06/2012

Project Information

Total Cost
USD 2,166,100
Country counterpart financing
USD 1,370,100
Amount
USD 796,000

Approved

Title
Type
Project Number
Date Published
Technical Cooperation Agreement
ATN/ME-13130-BR;BR-M1110
December 15, 2011

Implementation

Title
Type
Project Number
Date Published
Project Performance Monitoring Reports
ATN/ME-13130-BR;BR-M1110
September 22, 2015
Project Performance Monitoring Reports
ATN/ME-13130-BR;BR-M1110
March 31, 2015
Project Performance Monitoring Reports
ATN/ME-13130-BR;BR-M1110
September 15, 2014
Project Performance Monitoring Reports
ATN/ME-13130-BR;BR-M1110
April 08, 2014
Project Performance Monitoring Reports
ATN/ME-13130-BR;BR-M1110
November 11, 2013