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Project types targeted by the MDG Carbon Facility
A wide range of project types that meet development objectives will
be eligible for the Facility. Initial screening has indicated the potential
for attractive projects based on diverse mitigation technologies, including
renewable energy, energy efficiency, fuel switching, agricultural waste
management and biofuels, and capture of fugitive emissions from landfills.
Project Types (Compliance and Voluntary) Initially Targeted by the MDG
Carbon Facility
Several project categories will be ineligible due to their limited contributions
to meeting the MDGs or other factors inconsistent with the Facility’s
objectives. These categories include nuclear energy, large-scale hydropower,
geosequestration (including enhanced oil recovery), shifting of electric
power loads, and the capture and destruction of industrial gases.
Proposed projects will be screened for their ability to contribute to
human development goals while also producing certifiable emission offsets.
For instance, a renewable energy project might create local employment
and help to improve local air quality as well as generating offsets. Similarly,
a landfill gas capture-and-use project might promote better waste management
and recycling, watershed protection, energy generation and job creation
as well as producing marketable offsets from the destruction of methane.
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