2009 Carbon offset project – Innovative Recycling for South Africa
To compensate for CO2 emissions caused by the work of the Foundation, we are promoting a composting project in South Africa that will reduce methane gas emissions and strongly improve the local soil quality.
Type of project
Greenhouse gas emission reduction, ecological agriculture
Type of certificates
Verified emission reductions (abbreviated as VER, i.e. certified CO2 savings)
VER equivalent to 1355 tonnes of CO2 from this project were acquired by the Munich Re Foundation to compensate for its CO2 emissions from the year 2009. Since most of these emissions resulted from holding the Microinsurance Conference in Dakar, it was highly desirable to conduct a compensation project in Africa.
Soil & More Reliance Cape Town Composting
A composting plant near Cape Town in South Africa, operated in a joint venture between the Dutch company Soil & More International BV and the South African enterprise Reliance Compost (Pty) Ltd, uses innovative recycling techniques. Organic material is processed in line with UN criteria (United Nations Framework Convention on Climate Change) in a way that reduces levels of methane emissions that normally occur in standard composting processes. The humus produced is used for regional agriculture.
The project’s positive and sustained developmental effects include:
This project has an overall potential of 60,000 tonnes of CO2 equivalents per year and thus makes an enormous contribution to reducing CO2 emissions.
18 February 2010