link to this page           First Large Scale CDM Methodology Approved       The Executive Board has now approved our Energy from Biomass baseline methodology on 29th September 2006 for our South African Mondi Richards Bay project under Annex 3 - Approved baseline and monitoring methodology AM0036 (based on the case NM0140-rev) making this SSN's first large scale CDM project. This project which has already been implemented and was first prepared as a small-scale project will be registered in due course as a regular scale project. For more details on this project, please go to our Southern Africa page.       USINAVERDE: Combustion of Urban Refused Derived Fuel: methane avoidance and renewable energy generation       BVQI , the same DOE that validated the project at the end of 2005 have now finalised their Verification of the project. The team received the Certificate of Verification on the 15th October 2007. This Brazil project was Validated Oct/2005 by Bureau Veritas Quality International, one of the Brazilian DOEs. The project recieved approval from the Brazilian DNA, the Interministerial Commission on Global Climate Change and the PDD was Approved by Brazilian DNA on October 14th, 2005.       South African Kuyasa Low-Cost Housing retrofit registered       This is the first African CDM project to be registered in the world. It is also the first Gold Standard Project in the World. The first SSN project was registered on the 29th August 2005 - it is the Kuyasa low cost housing project which involves the installation of solar water heaters, efficient lamps and insulated ceilings in existing low-cost housing. The project involves setting a baseline that includes the suppressed demand for the energy services, in other words, providing an inflated baseline emissions level because the level of service is expected to rise into the future. We feel that this will facilitate and advantage poverty reduction projects that have CDM dimensions into the future. The Kuyasa project employs more than one methodology (it is a bundle of 3). Replication will look to a large scale methodology broad enough to cover existing and Greenfield housing developments into the future. For more details on this project, please go to our Southern Africa page.       First Transaction of Kuyasa Gold Standard CERS       The Cape Town City Council, owners of the Kuyasa low cost housing energy upgrade project in Khayelitsha, South Africa, has sold the project's first 10,000 CERs to the UK government to offset greenhouse gas emissions from the recent G8 summit at Gleneagles. The credits were sold for the highest price CER price yet to be publicly disclosed, 15Euros. The premium is acknowledge to be due to the projects status as 'registered', and as Gold Standard. The credits will be delivered between 2006 and 2008, and the project has over 110,000 still available. The City is currently considering its sales strategy for the remainder.