Project Description
In order to support the development of a manure-to-biochar pyrolysis plant (the “Plant”) for Zambeef Plc (the “Sponsor”), IFC and the Sponsor will jointly conduct a bankable feasibility study with focus on technical and commercial feasibility of the Plant, through which to facilitate an informative decision on the Plant investment.
The Plant aims to utilize livestock manure from the Sponsor’s facilities to produce biochar that can be used internally as an organic fertilizer (or soil additive), bedding for its broiler/breeder operations or sold to generate an additional revenue stream.
Building up the finding s of the pre-feasibility study on the Plant, the feasibility study will take the following steps to develop the Project:
A. Manure/Feedstock Evaluation
B. Analysis on Internal Use of Biochar
C. Assess Market for the Sale of Biochar
D. Electricity Generation Evaluation
E. Technology Assessment
F. Carbon Credits Assessment
G. High-level E&S Screening
H. Cost-benefit Analysis
A project of this nature is 100% climate-related. It is potentially a solid solution to offset GHG emissions in the animal protein industry, particularly the beef industry, which has growing negative attention due to the GHG emissions associated with the industry. From July 2024, all IFC investments will need to be 100% Paris-aligned; therefore, projects of this nature can contribute to this objective.