General Information

[Q28, Q31]Own Project | Approved by Mexico’s Designated National Authority (DNA), the Ministry of Environment and Natural Resources, and the first Programme of Activities to receive UN registration, Luz Verde will deliver cost-effective emissions reductions, household poverty alleviation and electricity generation infrastructure cost savings.
During November 2009, one million energy saving lights were successfully distributed to households in Puebla. This is the first million of a targeted 30 million energy saving lights to be given to low and middle-income households across Mexico in exchange for incandescent bulbs.
Cuidemos Mexico is estimated to cut Mexican carbon emissions by 7.5 million tonnes of CO2-eA standard measure that takes account of the different global warming potentials of greenhouse gases and expresses the cumulative effect in a common unit. over ten years and save households US $165 million per annum on their energy bills.

Price per tonne of CO2e [Q30] Not publicly available.

Project Type(s) [Q32] - Energy EfficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity.

Project Location(s) [Q33, Q34]International

Project Size (tonnes of CO2e) [Q35] ~700,000 tTonne CO2eCarbon dioxide equivalent. In order to compare emissions between the six Kyoto Protocol greenhouse gases they have been assigned a global warming potential (GWP) measured in carbon dioxide equivalents to reflect their influence on warming the atmosphere. GWP is a relative scale, where CO2 = 1. The other gases are given a number based on their effect on the atmosphere relative to CO2. For example, methane has a GWP of 21, meaning it has 21 times the amount of heating capacity of CO2. (CERsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme.)

[Q32a]- Yes, we operate on private land for interested parties

Quality

[Q36]- 1 Nov 2009[Q37]- 10 years[Q38]- Clean Development MechanismClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. CERsCertified Emission Reductions are credits generated under Kyoto's CDM. One CER unit is equivalent to the reduction of one metric tonne of CO2e. They are designed to be used by industrialised countries to count towards meeting their Kyoto targets. They can also be used as part of domestic targets, for example EU companies and governments use them as offsets against their emissions under the EU Emissions Trading Scheme.
[Q41]

- Yes, NCOSThe Commonwealth Government’s National Carbon Offset StandardThe Commonwealth Government’s National Carbon Offset Standard (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™ program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutral products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information (NCOS) came into effect on 1 July 2010 coinciding with the cessation of the Government’s Greenhouse Friendly™The Greenhouse Friendly™ initiative operated between 2001 and 30 June 2010. It certified carbon neutral products and services and approved abatement credits for sale on the voluntary market. Applications for new abatement projects have closed. These were not considered eligible offsets under NCOS and could not be retired for the purpose of becoming carbon neutral under the NCOS from 1 July 2010. This situation may change in future as a result of reviews of the NCOS by DCCEE. program. It is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutralA voluntary mechanism where an activity, event, household, business or organisation is responsible for no net emissions of greenhouse gases and can therefore be declared carbon neutral in that specific area. Carbon neutrality can be achieved by reducing emissions as far as possible (e.g. energy efficiency, purchasing renewable energy) and then purchasing offsets for any residual emissions in order to achieve zero net emissions. products they purchase. It provides guidance to businesses who wish to make their organisation carbon neutral or develop carbon neutral products in a way that achieves emissions reductions, through the purchase and cancellation of eligible carbon offsets. More Information eligible offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHGGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto Protocol lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), HFCs (hydrofluorocarbons), PFCs (perfluorocarbons) and sulphur hexafluoride (SF6).) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. units

[Q42]- Luz Verde is estimated to save households US $165 million per annum off their energy bills over ten years. It is estimated that the programme could save the Mexican government US $585 million in electricity generation costs. [Q43]- Only forward sold abatement[Q44]- Clean Development MechanismClean Development Mechanism is a Kyoto Protocol mechanism under which projects set up in developing countries to reduce GHGs generate tradeable credits called CERs. The credits can be used by industrialised nations to help meet their Kyoto reduction targets. Find out more here. / Joint Implementation Registry Gold StandardA certification standard for carbon offset projects. Initiated by WWF, SSN and Helio International, the Gold Standard for CDM projects was launched in 2003 after wide-ranging stakeholder consultation among key actors of the carbon market as well as governments. For more information see here. Registry
[Q45]- The credits are part of the UNFCCC CDM and are sold to the Dutch utility Eneco, retiring will be as per the Kyoto Protocol[Q46]- Registry transaction screenshot view