ClimeCo Announces Its First Plastic Credit Project With Verra
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Nancy Marshall, Vice President, Marketing
484.415.7603 or nmarshall@climeco.com
ClimeCo Announces Its First Plastic Credit Project With Verra
BOYERTOWN, Pennsylvania (May 25, 2022) – ClimeCo is thrilled to announce that we have launched our first verified Plastic Credit Project on Verra under our Plastic Credit Program.
The Women and Youth empowerment (WaY) project is an initiative from Conceptos Plásticos; a Colombian company focused on the circular economy with environmental, social, and economic impact. This project recovers post-consumer, non-recyclable, ocean bound plastic waste in Cote d’Ivoire. Its operations remove plastic waste that would otherwise remain in the environment and give it a productive next life. The average amount of plastic waste collected by this project is estimated to be 1,070 tonnes per year.
The WaY project partners with UNICEF (United Nations Children’s Emergency Fund) to build schools from 100% repurposed plastic bricks. These schools are constructed in areas lacking sufficient educational facilities and capacity. Every classroom built uses 5-7 tonnes of recovered plastic waste. UNICEF has the goal to build up to 600 new classrooms in Cote d’Ivoire in 2022.
UN Sustainable Development Goals Supported
About ClimeCo
ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products, projects, and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs. Complementing 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. Follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.