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

Country

Brazil

Project Number

BR-M1110

Approval Date

December 15, 2011

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 2,166,100.00

Country Counterpart Financing

USD 1,370,100.00

Original Amount Approved

USD 796,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13130-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13130-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-953993969-16207
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13130-BR [39867078].PDF
Sep. 22, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-953993969-16206
Project Performance Monitoring Reports
FOMIN_ Reporte de estado del proyecto ATN_ME-13130-BR [39539099].PDF
Apr. 06, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-953993969-16205
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13130-BR [39053843].PDF
Sep. 15, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-953993969-16204
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13130-BR [38723474].PDF
Apr. 08, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-953993969-16203
Project Performance Monitoring Reports
MIF_ Project Status Report ATN_ME-13130-BR [38225722].PDF
Nov. 14, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31641
Technical Cooperation Agreement
Waste 2 Energy_ Generation of Biomass and Carbon Credits from Acai Residues [36533255].PDF
Aug. 04, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31642
Technical Cooperation Agreement
Conversión de Desechos en Energía_ Generación de Biomasa y Créditos de Carbono a partir de Residuos de Acai [36533263].PDF
Aug. 04, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-347578250-3
Project Performance Monitoring Reports
MIF Project Status Report-12-2015-ATN_ME-13130-BR - Rep5564.pdf
Jun. 13, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-347578250-4
Project Performance Monitoring Reports
MIF Project Status Report-6-2016-ATN_ME-13130-BR - Rep5866.pdf
Jul. 19, 2017
English

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