The auction will be single round, open order book, ascending clock and settled directly with Bunge Emissions Group.
Bunge Emissions Group is a division of Bunge Limited. Bunge Limited is a leading agribusiness and food company with integrated operations that circle the globe, stretching from the farm to the retail.
Bunge Emissions Group has been engaged in mitigating carbon emissions for several years through investments in Clean Development Mechanism (CDM) projects and participation in European cap and trade markets.
The project, with UNFCCC id-number 1258, is the ‘Quezon City Controlled Disposal Facility Biogas Emission Reduction Project’. The project was developed primarily to address the environment, health and safety concerns of the local government of Quezon City for its constituents. The project has demonstrated environmental, social and economic benefits to the area.
