Major Economies Forum on Energy and Climate Change

BTG Pactual Timberland Investment Group Wins Environmental Finance Award for 2023 ESG Investment Initiative of the Year in Latin America

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Wednesday, June 28, 2023
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The BTG Pactual Timberland Investment Group (TIG) has won Environmental Finance’s Sustainable Investment Award for ESG investment initiative of the year in Latin America for the second consecutive year.

Key Points: 
  • The BTG Pactual Timberland Investment Group (TIG) has won Environmental Finance’s Sustainable Investment Award for ESG investment initiative of the year in Latin America for the second consecutive year.
  • Disclaimer: Awards may not be representative of any one client’s experience and are not indicative of the future performance of the BTG Pactual Timberland Investment Group, LLC or BTG Pactual.
  • The EF Sustainable Investment Awards are issued by Environmental Finance, an online news and analysis service that reports on sustainable investment, green finance, and environmental markets.
  • However, TIG did pay a fee to Environmental Finance in connection with publishing an announcement of the award and award redistribution rights.

White House Announces DFC Working on $50 Million Debt Investment in TIG’s Latin American Reforestation Strategy

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Thursday, April 20, 2023
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Mauricio Bianco, Vice President of Conservation International Brazil, said, “Protecting nature -- and at the same time, having positive socioeconomic impacts -- are critical for a climate safe future. Initiatives like this one help chart a new path to a sustainable economy that does just that, all while providing a host of additional benefits to local communities and biodiversity. We are very pleased to collaborate with TIG to help the strategy deliver its mission for positive impact.”

Key Points: 
  • Today the White House announced that the US Development Finance Corporation (DFC) is working to assess potential financing of $50 million to help mobilize $1 billion for the BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy.
  • TIG is a U.S. subsidiary of BTG Pactual, a publicly traded investment bank headquartered in Brazil with a market capitalization of approximately US$ 20 billion.
  • The strategy aims to generate an estimated 35 million tonnes of carbon sequestration over 15 years.
  • Through investments made under this strategy, we intend to demonstrate the contribution the forest sector can make to sustainable, climate-smart economic growth.

Statement - Minister Guilbeault's statement following the Major Economies Forum on Energy and Climate

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Tuesday, March 14, 2023
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"Since its creation in 2009, the Major Economies Forum on Energy and Climate has given the 25 partner states an important setting to coordinate and implement ambition on climate action.

Key Points: 
  • "Since its creation in 2009, the Major Economies Forum on Energy and Climate has given the 25 partner states an important setting to coordinate and implement ambition on climate action.
  • "Today's meeting focused on five important themes: decarbonizing energy; deforestation; methane and non-CO2 reduction; carbon management; and climate finance.
  • It also comes as Russia's illegal invasion of Ukraine continues to reverberate through the energy market, causing a doubling down of investment in renewable energy in Europe, as confirmed by the International Energy Agency.
  • "Canada is well-positioned to be a leader of this century's economic boom of clean energy and net-zero innovation.

Ecorobotix receives prestigious 'SEF.Growth High-Potential' classification and funding from the Technology Fund for ultra-high precision agricultural technology

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Wednesday, November 2, 2022
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YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.

Key Points: 
  • YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.
  • The Technology Fund promotes technologies for the reduction of greenhouse gas emissions, efficient use of electrical energy, promotion of renewable energies and conservation of natural resources.
  • Ecorobotix isrevolutionizing agriculture with its state-of-the art ultra-high precision (UHP) data and sprayer solution.
  • By only spraying individual plants that need treatment Ecorobotix UHP technology reduces herbicide use by 80-95%, greatly reduces phytotoxicity and increases crop yield by ~5%.

Ecorobotix receives prestigious 'SEF.Growth High-Potential' classification and funding from the Technology Fund for ultra-high precision agricultural technology

Retrieved on: 
Wednesday, November 2, 2022
SME, Major Economies Forum on Energy and Climate Change, Cottonwood Technology Fund, Environment, Efficiency, Intelligence, UBS, Technology, Herbicide, Pesticide, Agriculture, Plant, UHP, Greenhouse, Soil, Natural Resources, CO2, Carbon, Economic Forum, Solution, Swiss Federal Laboratories for Materials Science and Technology, Renewable energy

YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.

Key Points: 
  • YVERDON-LES-BAINS, Switzerland, Nov. 2, 2022 /PRNewswire/ -- The Technology Fund of the FOEN (Swiss Federal Office for the Environment) awarded a loan guarantee to Ecorobotix for its innovative ultra-high precision agricultural technology.
  • The Technology Fund promotes technologies for the reduction of greenhouse gas emissions, efficient use of electrical energy, promotion of renewable energies and conservation of natural resources.
  • Ecorobotix isrevolutionizing agriculture with its state-of-the art ultra-high precision (UHP) data and sprayer solution.
  • By only spraying individual plants that need treatment Ecorobotix UHP technology reduces herbicide use by 80-95%, greatly reduces phytotoxicity and increases crop yield by ~5%.

Minister Wilkinson Positions Canada as a Clean Energy Supplier of Choice and Leader on Climate Action at the Global Clean Energy Action Forum

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Friday, September 23, 2022
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In response to price volatility and energy security concerns, Canada and its international partners have doubled-down on the global energy transition.

Key Points: 
  • In response to price volatility and energy security concerns, Canada and its international partners have doubled-down on the global energy transition.
  • Today, the Honourable Jonathan Wilkinson, Minister of Natural Resources, concluded his participation at the first Global Clean Energy Action Forum (GCEAF) in Pittsburgh, Pennsylvania.
  • "Canada has the wealth of talent and resources to be the world's clean energy and technology supplier of choice as the world doubles down on ambitious climate action.
  • The United States hosted the first-ever Global Clean Energy Action Forum, a joint convening of the 13th Clean Energy Ministerial and the 7th Mission Innovation ministerial.

dss+ Spinoff Black Bull Biochar Wins £3m Government Contract

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Monday, July 11, 2022
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LONDON, July 11, 2022 /PRNewswire/ -- Today, Black Bull Biochar (BBB), a British start-up with a mission to establish a sustainable, circular biochar market within the UK, has been awarded a £3m government contract. BBB will use the funds to pilot a B2B digital platform which unites agricultural, industrial and research partners in order to scale the use of biochar, enabling the rapid removal of carbon from the environment. The contract award follows BBB's success in the final round of the Direct Air Capture (DAC) & Greenhouse Gas Removal (GGR) technology competition, run by the Department for Business Energy and Industrial Strategy (BEIS), with funding provided through the Net Zero Innovation Portfolio (NZIP).

Key Points: 
  • LONDON, July 11, 2022 /PRNewswire/ -- Today, Black Bull Biochar (BBB), a British start-up with a mission to establish a sustainable, circular biochar market within the UK, has been awarded a 3m government contract.
  • The platform will also measure and verify the efficacy of biochar and the impact it has on emissions reductions and carbon storage.
  • Alex Clarke, co-founder and CEO, Black Bull Biochar said, "The government's programme enables Black Bull Biochar to build a new pathway that scales carbon removal rapidly.
  • Black Bull Biochar (BBB) is a start-up with a mission to scale up the use of biochar a leading greenhouse gas removal technology by creating a first-of-a-kind platform and network that helps key stakeholders within academia, industry, agriculture and government to overcome the systemic barriers to widespread adoption of biochar.

Mission Zero-led Consortium Awarded £3M UK Government Contract to Pilot Breakthrough DAC Technology

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Friday, July 8, 2022
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DAC is a carbon capture technology approach that focuses on removing CO2 directly from the atmosphere around us.

Key Points: 
  • DAC is a carbon capture technology approach that focuses on removing CO2 directly from the atmosphere around us.
  • Typically this requires significant amounts of heat and electricity and large commitments of capital, making the economics and commercialization timelines challenging.
  • Alongside developing the plant, MZT aims to involve local students and community organisations in knowledge dissemination activities about DAC.
  • Based in London, UK, Mission Zero Technologies is a young and exciting DAC startup, backed by Breakthrough Energy Ventures and Anglo American, with a patent-pending breakthrough technology and is on a mission to close the carbon cycle.

Prime Minister supports climate action initiatives at Major Economies Forum

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Friday, June 17, 2022
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OTTAWA, ON, June 17, 2022 /CNW/ - The Prime Minister, Justin Trudeau, today participated in the Major Economies Forum (MEF) on Energy and Climate, chaired by the U.S., to advance collective action on climate change.

Key Points: 
  • OTTAWA, ON, June 17, 2022 /CNW/ - The Prime Minister, Justin Trudeau, today participated in the Major Economies Forum (MEF) on Energy and Climate, chaired by the U.S., to advance collective action on climate change.
  • During the meeting, Canada endorsed new initiatives to cut pollution, while creating jobs and growing the economy, and called on major economies to strengthen or adopt pollution pricing.
  • In addition to these initiatives, Prime Minister Trudeau called all countries to implement pollution pricing, which in Canada is reducing emissions while making life more affordable for families.
  • Today, the Prime Minister signaled Canada's full support for the Global Methane Pledge Energy Pathway to catalyze methane emissions reductions in the oil and gas sector, advancing both climate progress and energy security.

STMicroelectronics publishes 25th Annual Sustainability Report

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Tuesday, May 3, 2022
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Geneva, May 3, 2022 STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today releases its 25th annual sustainability report detailing 2021 performance and achievements.

Key Points: 
  • Geneva, May 3, 2022 STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today releases its 25th annual sustainability report detailing 2021 performance and achievements.
  • This is our 25th annual report, a significant milestone after the pioneering efforts of ST in this field.
  • In 2021 we continued to achieve strong results across all key sustainability metrics, including the initial steps of our path towards carbon neutrality in 2027.
  • The 25th annual report contains highlights and details of STs sustainability performance in 2021 and presents the Companys ambitions and longer-term goals in alignment with both the United Nations Global Compactiii Ten Principles and Sustainable Development Goals and the Science Based Targets initiativeiv (SBTi).