Tradewater Saudi Arabia 1 Permanent Refrigerant Destruction

Tradewater is a B Corp and mission-based project development company that is strategically focused on the collection, control, and destruction of potent non-CO2 greenhouse gases, permanently preventing their release into the atmosphere. Addressing non-CO2 gases (such as old refrigerants and fire suppressants and methane from orphaned oil and gas wells) has been identified by leading scientists at both Project Drawdown and the International Panel on Climate Change (IPCC) as a crucial lever to prevent catastrophic climate change.This project was focused on responsible end-of-life solutions for refrigerants that are both potent greenhouse gases and ozone depleting substances. These refrigerants are up to 10,200 times more potent than CO2 and were banned from production almost 40 years ago via the Montreal Protocol, but there were and are no mandates put into place for their responsible destruction. Tradewater and its partners are the only ones addressing the issue of chlorofluorocarbon (CFC) and hydrochlorofluorocarbon (HCFC) refrigerants globally with a model that reinvests profits from the sale of offset credits into scaling the solution around the world. These attributes make the project unique, additional, and necessary.In Saudi Arabia, CFCs that were produced and imported into the country before the global phaseout remain in the hands of retailers and importers who are unaware or unconcerned about its high global warming potential. Tradewater worked locally to acquire this material, along with material from old equipment in Saudi Arabia, the United Arab Emirates, and Bahrain. Tradewater has already collected and safely destroyed a large volume of refrigerant in Saudi Arabia and is working to find, collect, and destroy remaining quantities in the country and the region.Credits were generated from the collection and destruction of old refrigerants in accordance with the protocols set forth by the American Carbon Registry (ACR). All ACR projects are third-party verified to ensure compliance and quality.