Nationally Determined Contributions

Blue Hydrogen Market Size to Reach USD 3.43 Billion in 2030 | Increasing Government Initiatives to Shift Towards Clean Energy Sources is a Key Factor Driving Industry Demand, Says Emergen Research

Retrieved on: 
Monday, May 2, 2022

Rising investment in research & development of cleaner energy alternatives is an important factor expected to increase demand for blue hydrogen.

Key Points: 
  • Rising investment in research & development of cleaner energy alternatives is an important factor expected to increase demand for blue hydrogen.
  • Additionally, increasing government initiatives to shift towards clean energy sourcesis driving revenuegrowth of the global blue hydrogen market.
  • Rising investment in research & development of cleaner energy alternatives and government initiatives to promote clean energy sources are expected to drive market revenue growth.
  • For this study, Emergen Research has segmented the global blue hydrogen market on the basis of technology, end-use, and region:

Blue Hydrogen Market Size to Reach USD 3.43 Billion in 2030 | Increasing Government Initiatives to Shift Towards Clean Energy Sources is a Key Factor Driving Industry Demand, Says Emergen Research

Retrieved on: 
Monday, May 2, 2022

Rising investment in research & development of cleaner energy alternatives is an important factor expected to increase demand for blue hydrogen.

Key Points: 
  • Rising investment in research & development of cleaner energy alternatives is an important factor expected to increase demand for blue hydrogen.
  • Additionally, increasing government initiatives to shift towards clean energy sourcesis driving revenuegrowth of the global blue hydrogen market.
  • Rising investment in research & development of cleaner energy alternatives and government initiatives to promote clean energy sources are expected to drive market revenue growth.
  • For this study, Emergen Research has segmented the global blue hydrogen market on the basis of technology, end-use, and region:

Pure Green Foundation Demonstrates a Doable and Sustainable Nature-Based Solution and Urges Leading Businesses to Join Reforestation Efforts

Retrieved on: 
Monday, April 25, 2022

To be more exact, we still create 51 billion tons of CO2e to the atmosphere every year.

Key Points: 
  • To be more exact, we still create 51 billion tons of CO2e to the atmosphere every year.
  • Without solving the climbing emissions, all actions, commitments, and/or actions, no matter how ambitious they are, will all be in vain.
  • "Reforestation really fixes many tangible and intangible problems and should be encouraged," said Dr. Wender Yang, founder, Hima Foundation.
  • ; SMEs gain better brand image, and fulfill their compliance targets by working together," added George Hu, Regional Representative of World Climate Foundation.

Carbon Streaming Provides Investment Pipeline and Corporate Update

Retrieved on: 
Monday, April 25, 2022

Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) is pleased to provide an update on its investment pipeline as the Company continues to build a diversified portfolio of high-quality carbon streaming investments around the globe.

Key Points: 
  • Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (Carbon Streaming or the Company) is pleased to provide an update on its investment pipeline as the Company continues to build a diversified portfolio of high-quality carbon streaming investments around the globe.
  • The Company maintains a carbon stream investment in the Rimba Raya Biodiversity Reserve Project (Rimba Raya) which may be impacted by this temporary pause.
  • Carbon Streaming continues to expect delivery of Rimba Raya carbon credits in calendar year 2022.
  • Carbon Streaming is a unique ESG principled company offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals.

Pertamina Sets Initiatives to Expedite Energy Transition

Retrieved on: 
Sunday, March 20, 2022

JAKARTA, Mar 21, 2022 - (ACN Newswire) - PT Pertamina (Persaro), the state-owned energy company serving Indonesia as well as international markets, has set several initiatives to accelerate its energy transition toward the 2030 target energy mix and to reduce emissions, ensuring sustainability.

Key Points: 
  • JAKARTA, Mar 21, 2022 - (ACN Newswire) - PT Pertamina (Persaro), the state-owned energy company serving Indonesia as well as international markets, has set several initiatives to accelerate its energy transition toward the 2030 target energy mix and to reduce emissions, ensuring sustainability.
  • Pertamina's strategies to drive green energy are executed through priority initiatives, including a net zero roadmap, conducting decarbonization, and improving the new and renewable energy capacity with an allocated CAPEX of 14 percent for clean, new and renewable energy.
  • Moreover, to drive new and renewable energy growth in Indonesia's energy mix, Pertamina has also developed several projects and activities to expand the green energy portfolio, one of which is enhancing capacity from 672 megawatts (MW) in 2020 to 1,128 MW in 2026.
  • Also present at the media breifing, Pertamina Geothermal Energy (PGE) President Director Ahmad Yuniarto highlighted Pertamina's commitment to developing and generating clean and green power from geothermal resources to drive green energy expansion.

Mobilizing finance to meet India’s renewable energy ambition – Difficult but not impossible

Retrieved on: 
Friday, March 4, 2022

However, the report highlights how fossil fuels, especially coal, continue to be the mainstay of Indias electricity generation mix.

Key Points: 
  • However, the report highlights how fossil fuels, especially coal, continue to be the mainstay of Indias electricity generation mix.
  • Despite renewable sources representing 38 percent of the power system generating capacity in 2020-2021, coal still accounts for 74 percent of Indias electricity generation.
  • Most finance commitments have gone towards grid-connected renewables in recent years, but investment in coal-fired power plants continues in India.
  • There is real opportunity for commercial finance institutions to aggressively expand their renewable energy portfolio along with investments targeting innovation in sectors such as storage and distributed energy systems.

St Kitts and Nevis Moves Ahead with Plans to Ban Single-Use Plastics

Retrieved on: 
Wednesday, February 23, 2022

LONDON, Feb. 23, 2022 /PRNewswire/ -- The impacts of plastic waste on the environment and our health are global, drastic and countries around the world are enforcing plastic bans. As the call to end single-use plastics gets louder, the nation of St Kitts and Nevis is moving ahead with its plan to combat plastic pollution and promote a healthy environment.

Key Points: 
  • As the call to end single-use plastics gets louder, the nation of St Kitts and Nevis is moving ahead with its plan to combat plastic pollution and promote a healthy environment.
  • Last year, St Kitts and Nevis' Department of Environment commenced a series of consultations with relevant stakeholders in the proposal to ban single-use plastics in the country.
  • Since becoming the environment minister in 2020, Honourable Evelyn submitted a proposal to Cabinet to ban single-use plastics.
  • Last year, the government of St Kitts and Nevis submitted its strategy on how it would prioritise climate resilience.

MPC Energy Solutions achieves financial close and starts construction for 21 MW solar power plants in El Salvador

Retrieved on: 
Tuesday, January 11, 2022

OSLO, Norway and AMSTERDAM, Jan. 11, 2022 /PRNewswire/ -- MPC Energy Solutions (MPCES) has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp.

Key Points: 
  • OSLO, Norway and AMSTERDAM, Jan. 11, 2022 /PRNewswire/ -- MPC Energy Solutions (MPCES) has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp.
  • Martin Vogt, CEO of MPC Energy Solutions, said: "The Government of El Salvador considers the energy sector a strong contributor to economic and social development.
  • El Salvador has a long history of renewable energy, primarily biomass, hydropower, geothermal and recently solar PV.
  • MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions.

MPC Energy Solutions achieves financial close and starts construction for 21 MW solar power plants in El Salvador

Retrieved on: 
Tuesday, January 11, 2022

OSLO, Norway and AMSTERDAM, Jan. 11, 2022 /PRNewswire/ -- MPC Energy Solutions (MPCES) has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp.

Key Points: 
  • OSLO, Norway and AMSTERDAM, Jan. 11, 2022 /PRNewswire/ -- MPC Energy Solutions (MPCES) has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp.
  • Martin Vogt, CEO of MPC Energy Solutions, said: "The Government of El Salvador considers the energy sector a strong contributor to economic and social development.
  • El Salvador has a long history of renewable energy, primarily biomass, hydropower, geothermal and recently solar PV.
  • MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions.

First-of-its-kind Webinar Details 'Unrivalled' Positive Impacts That a Congo Basin REDD+ Project is Having on its Community and Biodiversity

Retrieved on: 
Thursday, December 16, 2021

Preserving the forest is essential for mitigating the impacts of climate change, maintaining biodiversity, and sustaining 80 million people.

Key Points: 
  • Preserving the forest is essential for mitigating the impacts of climate change, maintaining biodiversity, and sustaining 80 million people.
  • The project protects over 300,000 hectares of Congo Basin rainforest and achieves an average reduction of 3.5 million tonnes of carbon dioxide equivalent per year.
  • It drives climate finance directly to local communities in a way that benefits their overall well-being and biodiversity across the region.
  • We are incredibly proud of the positive climate, community, and biodiversity impacts this project is providing to our country."