Glossary

ClimeCo Partners with YAKOPI and PUR Projet for Mangrove Reforestation Project in Indonesia, Bolstering the Ecology and Economy of the Region

ClimeCo Partners with YAKOPI and PUR Projet for Mangrove Reforestation Project in Indonesia, Bolstering the Ecology and Economy of the Region

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CONTACT
Nancy Marshall, Vice President, Marketing
484.415.7603 or nmarshall@climeco.com  

ClimeCo Partners with YAKOPI and PUR Projet for Mangrove Reforestation Project in Indonesia, Bolstering the Ecology and Economy of the Region

ClimeCo’s Nature-Based Carbon Offset Credits to Fund 6,000 Acres of Mangroves in Aceh and North Sumatra Regions Decimated by Aquaculture and Tsunami

Women working on YAKOPI and Pur Projet mangrove restoration project

Boyertown, PA – April 4, 2022 – ClimeCo, a leader in the development and management of environmental commodities, announces its partnership with YAKOPI (Yayasan Konservasi Persisir Indonesia) and PUR Projet for the reforestation of vital mangroves in the Aceh and North Sumatra Regions of Indonesia.

Mangroves sequester three to five times the amount of carbon as regular forests. Indonesia is home to over 20% of the world’s mangroves. In the last three decades, roughly 40% of Indonesia’s mangroves have been lost due to shrimp and fish aquaculture, leaving many former shrimp ponds abandoned and local communities with little access to economic opportunities. The North Sumatra region has lost 60% of its pristine mangroves due to aquaculture, putting coastal resilience, biodiversity, and wildlife habitats at enormous risk. Aquaculture isn’t the only culprit in the loss of mangroves; in the Aceh region, a substantial amount of its mangroves were lost due to a tsunami in 2004.

ClimeCo will fund the reforestation of these mangroves by selling the resulting third-party verified carbon credits and implementing the project through their local partnerships with YAKOPI and PUR Projet. This investment will support gender-equitable employment, ecosystem services payment to local communities, ecotourism business development, and a pilot program for locals to implement silvofisheries- a form of sustainable aquaculture that integrates planting and maintenance and protection of mangrove forests in aquaculture ponds.

The improved livelihoods of the local communities and the long-term success of this mangrove reforestation project are interdependent- with the support of our partnerships, this project has all the right elements to achieve both,” says ClimeCo Program Development Manager David Chen

Participants in the voluntary carbon markets are becoming more aware of the environmental, social, and economic co-benefits of mangrove reforestation/conservation projects, and demand for these carbon offsets is accelerating.

For years, clients have looked for ways to support carbon emission reductions in the oceans.  Mangrove projects offer a locally beneficial, third party verified, registry approved method to do so,” says ClimeCo Vice President, Voluntary Markets Dan Linsky.

Man sitting on mangrove restoration field

ClimeCo has witnessed substantial, diverse, global interest in the purchase of mangrove projects from its carbon offset buyers. Such interest has been expressed during ongoing conversations, and as such, ClimeCo has transacted hundreds of thousands of mangrove-derived voluntary CO2e reductions so far in 2022.

Such interest is grounded in corporate and consulting staff recognition of the charismatic, abundant, substantial, and important co-benefits of mangrove projects. From shoreline protection to habitat restoration, generating new jobs to rebuilding food supplies, the seemingly endless list of mangrove restoration impacts in addition to carbon capture and storage has been very moving to carbon offset purchasers. These benefits represent why ClimeCo has approached this project and so many of its past projects with enthusiasm: These projects are more than just carbon reductions; we are looking to go beyond.

About Our Partners

  • YAKOPI is a local Indonesia group dedicated to restoring mangroves and providing employment opportunities for local women and youth. Directed by Eling Tuhono, YAKOPI are experts and local leaders in mangrove restoration and will be responsible for managing many logistical aspects of the program on the ground.
  • PUR Projet is a certified B Corporation that specializes in designing and implementing agroforestry projects, nature-based solutions, and sustainable supply chain interventions. As an on-the-ground project developer, PUR Projet will manage components of the carbon offset certification, help navigate local culture/politics and advise on reforestation efforts.

About ClimeCo

ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our “contact us” page at climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

ClimeCo’s Plastic Project Partner, TONTOTON, Provides Cambodia Pollution-Free Coastline Through Plastic Credits

ClimeCo’s Plastic Project Partner, TONTOTON, Provides Cambodia Pollution-Free Coastline Through Plastic Credits

 

ClimeCo’s Plastic Project Partner, TONTOTON, Provides Cambodia Pollution-Free Coastline Through Plastic Credits

ClimeCo and its plastic credit partner, TONTOTON, were featured in an article by the Cambodia Investment Review regarding TONTOTON’s expansion into Cambodia and their newly launched initiative called “Plastic-Free Coastlines in Cambodia.”

Read the full article by visiting https://cambodiainvestmentreview.com/2022/02/19/tontoton-provides-cambodia-pollution-free-coastlines-through-plastic-credits/.

TONTOTON Plastic Free Coastlines Cambodia Initiative

About ClimeCo

ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

ClimeCo Partners with Conceptos Plásticos to Develop A Global Plastic Credit Project

ClimeCo Partners with Conceptos Plásticos to Develop A Global Plastic Credit Project

NEWS RELEASE
FOR IMMEDIATE DISTRIBUTION
CONTACT
Nancy Marshall, Vice President, Marketing
484.415.7603 or nmarshall@climeco.com 

ClimeCo Partners with Conceptos Plásticos to Develop A Global Plastic Credit Project

School made from recycled plastic construction bricks

ClimeCo has launched its Plastic Credit Program to partner with companies worldwide to develop projects to scale the recovery and recycling of ocean bound plastics. These projects generate plastic credits to provide supporting companies with a structured, verified solution to help address their plastic footprint and sustainability program communications. 

The Project

The Women and Young empowerment (WaY) project is an initiative from Conceptos Plásticos; a Colombian company focused on the circular economy with environmental, social, and economic impact. The WaY project is recovering post-consumer, non-recyclable, ocean bound plastic waste in Cote d’Ivoire. The project’s operations remove plastic waste that would otherwise remain in the environment and give it a productive next life. The recovered plastic waste is repurposed in Conceptos Plásticos’ facility to produce construction bricks. The project will implement a plastic economic value model that can be expanded to other African countries and beyond through this recovery and repurposing process. 

The WaY project is partnered with UNICEF (United Nations Children’s Emergency Fund) to build schools from the recycled bricks. These schools are constructed in areas lacking sufficient educational facilities and capacity. Every classroom built uses almost 7 tonnes of recovered plastic waste.  UNICEF has the goal to build up to 600 new classrooms in Cote d’Ivoire in 2022.

The project gives women participating in The WaY Methodology employment opportunities and a new source of income. Women collectors bring in collected plastic waste to be recycled in exchange for compensation and benefits such as health insurance. The project empowers women collectors with increased income, recycling industry labor rights, environmental practices, and child education.  Click here to learn more about the project’s social and environmental impacts.

The WaY Project employees at recycling facility

Support Plastic Waste Projects

ClimeCo works closely with project developers to help find support through the purchase of plastic credits.  The credit mechanism provides funding for these projects to expand their geography, collector workforce, and recycling facility capacity. ClimeCo partners with projects like The WaY and developers like Conceptos Plásticos to help clients with their plastic sustainability goals, including how best to support environmental plastic removal, develop recycling projects, and implement credits as part of an overall corporate plastic waste reduction effort.  

For more information about plastic credits or how your organization can support ocean-bound plastic removal, please email Chris Parker, ClimeCo’s Director of Plastic Credits at cparker@climeco.com.

About ClimeCo

ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

ClimeCo Renewable Energy Credits Now Green-e® Energy Certified

ClimeCo Renewable Energy Credits Now Green-e® Energy Certified

NEWS RELEASE FOR IMMEDIATE DISTRIBUTION

ClimeCo Renewable Energy Credits Now Green-e® Energy Certified

 


Boyertown, PA (February 4, 2020)
—ClimeCo announced today that their “ClimeCo Renewable Energy Credits” clean energy program is now certified by Green-e® Energy, North America’s leading independent certification program for renewable energy. ClimeCo is a project developer, advisor, wholesaler of environmental commodity products, and one of the largest developers of carbon offset projects in the country. ClimeCo Renewable Energy Credits are sourced from a mix of renewable energy resources.

“ClimeCo always evolves to conform to clients’ needs. We are thrilled to offer a voluntary and compliance-based energy acquisition solution,” says Andy Kruger, Senior Director, Environmental Markets at ClimeCo.  “Green-e® certified energy provides a wonderful method for our clients to find and purchase clean energy with an extra measure of confidence”.

Purchasing ClimeCo Renewable Energy Credits allows customers to receive the benefits of clean energy generation while helping encourage the use and development of sustainable energy facilities throughout North America.

As a provider of Green-e® Energy certified renewable energy, ClimeCo abides by the Green-e® Energy Code of Conduct and meets strict disclosure and truth-in-advertising requirements. All participants in Green-e® Energy undergo an annual third-party audit and review of marketing materials to ensure customers receive the correct quantity and type of renewable energy, and accuracy in advertising.

“We are excited to welcome ClimeCo to Green-e® Energy,” said Jennifer Martin, Executive Director of CRS, which runs the Green-e® program. “Through this new product, ClimeCo is providing customers a proven, certified option to reduce the environmental impact of their electricity use while supporting the development of generation that displaces fossil fuels on the grid.”

Green-e® Energy is the leading renewable energy certification and verification program in North America. Administered by CRS, the program provides independent, third-party certification to ensure that certified renewable energy meets strict environmental and consumer-protection standards. In 2018 Green-e® Energy certified over 62 million megawatt-hours in retail transactions to over 1.24 million retail purchasers of Green-e® certified renewable energy—including over 61,000 businesses. This was enough to power over half of U.S. households for a month.

For information, call ClimeCo at 484-415-0501 or visit www.climeco.com. To learn more about Green-e® certified products and programs available in North America, visit www.green-e.org.

FOR QUESTIONS CONTACT

Nancy Fuchs Marshall
Marketing Director
ClimeCo 
nmarshall@climeco.com
864.266.1210      

 

Jeff Swenerton
Communications Director
Center for Resource Solutions
jeff.swenerton@resource-solutions.org
415.561.2119

 

ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For info, contact 484‐415-0501, nmarshall@climeco.com or dpingitore@climeco.com.