At the end of 2017, UPM had a record-breaking sale of nearly 720,000 CERs. The buyer was German carbon offset retailer Fokus Zukunft GmbH & Co. KG who will cancel them on behalf of a well-known private sector end-user to compensate for 720,000 tCO2e of greenhouse gas emissions.
All carbon credits of this transaction were generated after 2012 by two large-scale industrial methane recovery and waste water treatment projects in China. Both CDM projects have been developed by UPM together with its long-term Chinese cooperation partner Uniufa Energy Technology Co., Ltd., a leading specialist in the field of organic waste treatment, energy efficiency and renewable energy.
For further information about UPM and its attractive carbon offset portfolio please contact:
Martin Dilger, Managing Director, UPM Germany
mdilger(at)upm-cdm.eu, T: +49 89 1222197-50
Guo Gaiai, Vice General Manager, UPM China
guog(at)upm-cdm.eu, T: +86 10 6468 0500-13