UNFCCC

Hess Corporation and the Government of Guyana Announce REDD+ Carbon Credits Purchase Agreement

Retrieved on: 
Friday, December 2, 2022

Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana.

Key Points: 
  • Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana.
  • Guyanas President, Dr. Irfaan Ali was joined today by Vice President, Dr. Bharrat Jagdeo and John Hess, CEO of Hess Corporation for a signing ceremony to commemorate this historic agreement.
  • The agreement adds to the companys ongoing and successful emissions reduction efforts, which are described in Hess annual Sustainability Reports .
  • And of course, I thank John Hess and the Hess Corporation for their continued partnership with and commitment to Guyana.

African Carbon Origination to Explode via Carbon Trade eXchange (CTX)

Retrieved on: 
Thursday, December 1, 2022

This Agreement was forged at COP27 in Egypt to meet an overwhelming demand for Africa to engage in supporting the Carbon Markets.

Key Points: 
  • This Agreement was forged at COP27 in Egypt to meet an overwhelming demand for Africa to engage in supporting the Carbon Markets.
  • CTX, GEM and Ecologistics will work together to expand GEMs National Carbon Meta Registries aimed at supporting the development of Carbon Markets, ITMO, Voluntary Markets in Africa, and to produce Carbon Credits to be available for global trading via an electronic interface with CTX.
  • Leveraging GEMs Technology Infrastructure for the Future of our Planet provides the opportunity for governments, as Paris Agreement signatories, to support their commitments and trade credits under Article 6.
  • GEM licenses registry software solutions and the Trading Exchange Technology for environmental commodity markets.

COP27: Sharm El-Sheikh Implementation Plan Re-Affirms Developing Country Action to Slow, Stop, and Reverse Deforestation through the REDD+ Mechanism

Retrieved on: 
Wednesday, November 30, 2022

SHARM EL SHIEKH, Egypt, Nov. 30, 2022 /PRNewswire/ -- One year after COP26 where the REDD+ Mechanism was controversially removed from the implementation article of the Paris Agreement (Article 6), rainforests nations successfully negotiated the mechanism back into the COP27 Sharm-El Sheikh Implementation Plan on Saturday night.

Key Points: 
  • The positive outcome of the final text on forests and finance is in line Papua New Guinea's Prime Minister Hon.
  • James Marape's call for climate action at UN General Assembly," said Simo Kilepa, Minister of Environment, Conservation and Climate Change, Papua New Guinea.
  • We thank the Egyptian Presidency for the transparency and inclusiveness with which they conducted the talks this year."
  • that allow private sector finance to developing countries in return for accomplished emissions reductions under the REDD+ mechanism.

China Focus releases a new feature on the COP27 and beyond

Retrieved on: 
Monday, November 28, 2022

BEIJING, Nov. 28, 2022 /PRNewswire/ -- China Focus releases a new feature on the COP27 and beyond.

Key Points: 
  • BEIJING, Nov. 28, 2022 /PRNewswire/ -- China Focus releases a new feature on the COP27 and beyond.
  • The feature is contributed by Zhong Cheng who is an op-ed contributor to Beijing Review and an expert on international studies.
  • The essence of combating climate change is to reduce greenhouse gas emissions, the main cause of rising temperatures.
  • China has been carrying out cooperation with other developing countries on adapting to climate change.

PGE to increase GPP capacity in South Sumatra for NZE

Retrieved on: 
Wednesday, November 16, 2022

JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.

Key Points: 
  • JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.
  • The project site is located in the districts of Muara Enim and Ogan Komering Ulu in South Sumatra Province.
  • GPP capacity of 55 MW, which will be generated from Unit 2 of the GPP in the province, will increase PGE's total installed GPP capacity, after earlier some 55 MW generated from the Lumut Balai Unit 1 Project that became operational in 2019.
  • A total of 672 MW of geothermal capacity is operated and managed directly by PGE, and some 1,205 MW is managed under the Joint Operation Contract scenario.

LONGi Stresses Energy Equity and Environmental Sustainability at COP27 Solutions Day

Retrieved on: 
Thursday, November 24, 2022

LONGi has consistently contributed to the transformation of clean energy and low-carbon green development.

Key Points: 
  • LONGi has consistently contributed to the transformation of clean energy and low-carbon green development.
  • Speaking at the panel discussion, Dennis She shared his insights on the current situation and future prospects of renewable energy popularization.
  • In many parts of the world, solar energy has become the most economical energy."
  • Nowadays, renewable energy has become an economic power and it is unreasonable to continue providing fossil energy subsidies.

LONGi Stresses Energy Equity and Environmental Sustainability at COP27 Solutions Day

Retrieved on: 
Thursday, November 24, 2022

LONGi has consistently contributed to the transformation of clean energy and low-carbon green development.

Key Points: 
  • LONGi has consistently contributed to the transformation of clean energy and low-carbon green development.
  • In many parts of the world, solar energy has become the most economical energy."
  • Nowadays, renewable energy has become an economic power and it is unreasonable to continue providing fossil energy subsidies.
  • www.longi.com
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    SOURCE LONGi Green Energy Technology Co., Ltd

Some good news for persons with disabilities from COP27: Governments still have much to do to achieve disability inclusion in climate action

Retrieved on: 
Monday, November 21, 2022

GENEVA, Switzerland, Nov. 21, 2022 /PRNewswire-PRWeb/ -- "We suffer climate change the most but are the least included in climate decisions," said a person with disabilities participating in COP27.

Key Points: 
  • The main decision as well as the action plan for climate empowerment included references to people with disabilities for the first time.
  • The work plan for the Action on Climate Empowerment mandates States to include people with disabilities.
  • The only topic in the negotiations where there has been progress on disability inclusion focused on action for climate empowerment.
  • "We call on governments, mainstream environmental organizations and climate advocates to prioritize disability inclusion in their work, and help us deliver on this shared vision."

Delta discussed energy storage with Spanish local governments at COP27 side event

Retrieved on: 
Friday, November 18, 2022

TAIPEI, Nov. 18, 2022 /PRNewswire/ -- The 27th Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC) was just held in Egypt, with Delta actively participating in the COP for the 15th time this year. Delta focused on two "island" issues, climate resilience and ecological adaptation, and shared its endeavors with the international community. At the side event, Delta discussed its response to island energy transition issues, featuring Delta's energy storage solutions and cases, with representatives of the Balearic and the Canary island governments and an expert from RMI, a well-known U.S. energy think tank. Aligning with the two Spanish islands' need for energy transition, Delta also shared how to strengthen grid resilience. The side event was streamed live online, attracting the attention of international climate opinion leaders.

Key Points: 
  • At the side event, Delta discussed its response to island energy transition issues, featuring Delta's energy storage solutions and cases, with representatives of the Balearic and the Canary island governments and an expert from RMI, a well-known U.S. energy think tank.
  • The representatives of the Spanish island governments both emphasized that technology was the key to achieving an energy transition.
  • The Delta Electronics Foundation decided on the topics of this side event and invited the Spanish island governments to exchange ideas about the issue of island energy transition with each other.
  • Its businesses cover industrial automation, building automation, ICT energy, data center infrastructure, EV charging, renewable energy, energy storage, display and visualization.

Landscape Architects Aim for Zero Emissions by 2040

Retrieved on: 
Saturday, November 12, 2022

Together the ASLA Climate Action Plan and the Climate Action Field Guide for ASLA Members chart a pathway for landscape architects to achieve zero greenhouse gas emissions in their projects and operations and increase carbon sequestration by 2040.

Key Points: 
  • Together the ASLA Climate Action Plan and the Climate Action Field Guide for ASLA Members chart a pathway for landscape architects to achieve zero greenhouse gas emissions in their projects and operations and increase carbon sequestration by 2040.
  • By 2040, all landscape architecture projects will simultaneously:
    Provide significant economic benefits in the form of measurable ecosystem services, health co-benefits, sequestration, and green jobs
    Landscape architects are already helping communities achieve this vision.
  • To accomplish the plan, ASLA, as a non-profit association, has also committed to achieving zero emissions in its operations by 2040.
  • Founded in 1899, the American Society of Landscape Architects (ASLA) is the professional association for landscape architects in the United States, representing more than 15,000 members.