Greentech’ Emissions Reductions from PET Recycling Romania

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Quantity per Unit: 1 Ton

Project kind: Carbon offsetting

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Greentech' Emissions Reductions from PET Recycling Romania

First ever Gold Standard Certified "C02 emissions reduction from PET recycling" in Europe – saving annually more than 45,380 t C02 The Project "Greentech's Emissions Reductions from PET Recycling, Romania", developed by Greentech – a member company of Green Group, is the first project in Europe to apply PET waste frameworks through PET waste recycling, proactively reducing greenhouse gases emissions (GHGs) that would be otherwise required for the production of plastic products made of virgin inputs and accelerating progress towards many of the Sustainable Development Goals (SDG's). The total GHG emission reductions for the 10 years crediting period (2016-2025) are estimated at 453,800 t CO2. The estimated annual average GHG emissions reduction is 45,380 t CO2/year. Furthermore, the project is in line with specific UN requirements because it contributes to local environmental sustainability, since recycling instead of using material from virgin inputs decreases the overall energy use, GHGs and environmental burden caused by natural resources extraction. At the same time, PET waste recycling reduces the amount of waste to be disposed in the landfill. The project also contributes towards better working conditions and better revenue distribution to improve local and regional economic development, increases employment opportunities in the area; it contributes to the development of new technologies, to regional integration and connection with other sectors, and to a large extent to the local municipalities' funds for social insurance, such as health and pension funds, and to local and social community development.

Project Overview

iconProject Name: Greentech' Emissions Reductions from PET Recycling Romania
iconProject Kind: Carbon Offsetting
iconProject Type: Waste Management - Waste Recycling
iconProject Type from Registry: Other
iconProject Developer: GREENTECH SA
iconProject ID: GS5099
iconRegion: Eastern Europe
iconCountry: Romania

Project Details

iconYear:2020
iconRegistry:Gold Standard (VER)
iconMechanism:Reduction
iconFirst Year of Project (Vintage):2017
iconEst Annual Credits:45380
iconCorsia eligable:Yes
iconMethodology:AMS-III.AJ. Recovery and recycling of materials from solid wastes

Sustainable Development Goals

    • check icon SDG 3: Good Health and Well-being
    • check icon SDG 4: Quality Education
    • check icon SDG 5: Gender Equality
    • check icon SDG 7: Affordable and Clean Energy
    • check icon SDG 8: Decent Work and Economic Growth
    • check icon SDG 9: Industry, Innovation and Infrastructure
    • check icon SDG 10: Reduced Inequalities
    • check icon SDG 11: Sustainable Cities and Communities
    • check icon SDG 12: Responsible Consumption and Production
    • check icon SDG 13: Climate Action

Delivered Documents

  • check icon Project Design Document (PDD)
  • check icon Verification Report
  • check icon Emission/Project Report
  • check icon Monitoring Report

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