Peru, Lima: using carbon bonds to finance wastewater treatment

The Andean Development Corporation (CAF) and Peru’s state water utility Sedapal have signed an agreement to start a pilot project at the Carapongo wastewater treatment plant, in Lima’s Ate Vitarte district. [...] Sedapal has bought equipment to burn the methane gas that is produced at the facility. CAF will assist with studies related to the sale of carbon bonds, generated by the reduction of greenhouse gas emissions. The entity will also try to identify potential buyers for the carbon bonds [...] under the Kyoto Protocol’s clean development mechanism [CDM] or other markets for the reduction of greenhouse gas emissions. The sale of carbon bonds would help to finance the project

Source: BNamericas [subscription site], 16 Apr 2009

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