Since the contract with the World Bank is accomplished with the delivery of ERs by 2014, well ahead
March 24, 2012 : Joint Research with GVP
of schedule, no more entrepreneurs are enrolled under this project.
College of Engg, Visakhapatnam on No-
How did the Carbon Credit program functioned? Aggregate concrete
The FaL-G brick manufacturing units filled up the Application and sent to ECPL along with
Aug 27, 2011 : Salient Photographs of 5th
prescribed enclosures. Upon the acceptability of application, ECPL's inspectors visited and
National Workshop on CDM, Chennai,
inspected the entrepreneur's plant as well as the records. Upon getting satisfied, ECPL
signed Emission Reduction Transfer Agreement (ERTA) with the Sub-Project Entity (SPE), the
identity given to the entrepreneur. Upon Validation and Registration of the Bundle with CDM-EB,
There upon carbon credit accrual started to the account of SPE against the monthly reports of Find us on
activity submitted to ECPL in prescribed form every month. SPEs' units have been inspected
periodically by ECPL, and if any violation of Agreement is noticed, erring SPEs have been dropped
from the Bundle.
Once in a year or in suitable time span, the accrued credits are subjected for Verification by the
Designated Operational Entity (DOE) by Verifying the records of SPEs, who in turn Certified the
Credits and submit the same to CDM-EB for issuance of CERs. These CERs are transferred to the
buyer's account and, upon receipt of sale proceeds, revenue is transferred to SPEs' accounts as per
terms agreed in ERTA.
On supply side, against the generation of over 160 million tons of fly ash, approx. 18 million tons are
used towards brick, leaving a huze hiatus. Moreover, 40-60 million tons of generation is expected to be
added in the coming decade (2010-20). Hence any amount of efforts to work for proliferation of FaL-G
units prove insufficient.
The global efforts to work for 'food security' summons for protecting fertile soils from denudation and
putting them back to cultivation. This agenda would be served unasked for when FaL-G bricks pervade
on walling market and prevent the production clay bricks. Hence INSWAREB owns the target in
catalysing the promotion of 100,000 FaL-G brick units, producing over 300 billion bricks that can abate
over 93 million tons of GHG emissions.
India's voluntary commitment stands at 20% reduction in GHG emissions by 2020. Against total
emissions of 1,612 million tons in India, the country has to abate emission of 322 million tons in order
to live up to its commitment. FaL-G bricks alone could abate 93 mn. tons contributing to 28% of its
commitment.
In this back ground, in order to buttress the efforts of proliferation to the whopping target of 100,000
units with due incentive mechanism, ECPL envisages to register large number of bundles under Program
of Activities (PoA), taking the support of fly ash generators in private sector and also some State
Governments. Undoubtedly, FaL-G activity offers multilateral benefits to all the stake holders, be it
government, entrepreneurs, consumers or community. But in present context of CDM market laden with
complexities in CDM Validation and Verification procedures, proposals to promote PoA are put on
hold.
In today's context, industry means disturbance to Community and deformity to Ecology. Advancement
in Technologies may assuage the magnitude but may not be successful in alleviating the maladies
totally. In this background FaL-G is the unique and "Holistic E4 Technology" in serving Ecology,
Environment, Economy and Empowerment. Hence it is perceived to get the projects verified under Gold
Standard to get reasonable revenue to the SPEs.