NEW YORK, Nov. 17 /CNW/ - EcoSecurities, (LSE: ECO) a leading company in the business of sourcing, developing, and trading carbon credits from greenhouse gas emission reduction projects, announces its partnership with The Economist to offset the carbon emissions which will result from holding The Carbon Economy summit, by retiring carbon offsets from the Irani wastewater methane avoidance project in Brazil.
Timed with the publication of a special report in The Economist and the Copenhagen UN Climate Change Conference, The Carbon Economy summit will examine how the political environment has changed since Kyoto and identify which regions and industries are committed to a sustainable carbon strategy. Highlights of the conference will include a focus on market opportunities in renewable energy, and investment in low-carbon technologies.
EcoSecurities will work with The Economist to measure the carbon footprint which has arisen due to the summit, will make recommendations as to how the footprint can be reduced for future conferences and finally will provide and retire the carbon offsets verified to the Voluntary Carbon Standard (VCS) from the Irani wastewater methane avoidance project.
"We are very pleased that this event, which is about building a low-carbon future- will be offset by EcoSecurities," said Justin Hendrix, Executive Director of Economist Events. "We look forward to a stimulating dialogue in Washington on the eve of Copenhagen."
Lisa Ashford, Head of Voluntary and New Markets, EcoSecurities also commented "It is great to be partnering with The Economist to help them reduce their overall environmental impact. Organizations such as The Economist play a key role in helping to publicize the need for companies to increasingly implement effective carbon management strategies."
EcoSecurities has spent the last 11 years focusing on the area of climate change mitigation activities and is now one of the leading organisations in the business of sourcing, developing and trading emission reductions. EcoSecurities' emission reduction portfolio covers a wide range of emission reduction standards (Gold Standard, CDM, VCS etc), technology types and geographical locations. In addition EcoSecurities also provides clients with carbon management services, helping them understand and deal with an increasingly carbon constrained world.
EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker ECO). Additional information is available at http://www.ecosecurities.com.
About The Economist (http://www.economist.com)
Edited in London since 1843, The Economist is a weekly international news and business publication offering clear reporting, commentary and analysis on world politics, business, finance, science, technology, culture, society, media and the arts. The Economist has a North American circulation of nearly 810,000, a global circulation of more than 1.4 million and more than 3.5 million monthly unique visitors at Economist.com. Because of its international editorial perspective, it is read by more of the world's political and business leaders than any other magazine.
The Irani wastewater methane avoidance project is located in the Campina da Alegria district, Vargem Bonita city, Santa Caterina state in Brazil.
The purpose of the project is to avoid methane emissions from the current wastewater treatment at the Cellulose Irani Paper and Pulp manufacturing company. This project involves the installation of a new wastewater treatment scheme, involving aerobic treatment, which is also referred to as secondary or biological treatment. The new wastewater treatment system also uses highly aerated activated sludge which can then be decanted and reused.
The Irani wastewater methane avoidance project has been verified to the Voluntary Carbon Standard and reduces greenhouse gas emissions by 58,000 tonnes a year.
For further information: For further information: Rachel Mountain, Head of Global Marketing, EcoSecurities, +44(0)1865-296-922, email@example.com