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Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia have entered into a Memorandum of Understanding (MoU) regarding climate change and carbon credits. Currently, Singapore is the center of commodity trading in Asia. Indonesia is among the biggest carbon credit suppliers in the region. It is also home to one of the earth’s biggest rainforests. The agreement between the two countries allows them…
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Indonesia – A hub for blended finance in the Asia-Pacific

Indonesia – A hub for blended finance in the Asia-Pacific

*As the Government of Indonesia takes lead on leveraging blended finance as a tool to advance development projects in the country, and private investors increase investment towards Indonesia’s long-term development plans, Indonesia is set to be a model for how blended finance can achieve sustainable and inclusive development in the region. * As the fourth…
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Financiando a preservação da natureza

Financing Nature

Closing the Global Biodiversity Financing Gap Foreword and Executive Summary The world is in the midst of one of the most dramatic extinction episodes in history. The signs of biodiversity loss are everywhere. Tropical forests, our greatest stores of biodiversity and carbon, are in retreat. Coastal wetlands, vital to migratory birds and fisheries and also…
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The massive machines removing carbon from Earth’s atmosphere

The massive machines removing carbon from Earth’s atmosphere

Jan Wurzbacher To restrain global warming, we know we need to drastically reduce pollution. The very next step after that: using both natural and technological solutions to trap as much excess carbon dioxide from the air as possible. Enter Orca, the world’s first large-scale direct air capture and storage plant, built in Iceland by the…
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Fitch Upgrades Suriname’s LT-FC IDR to ‘CC’

Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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Petronas: Suriname has a major oil discovery at the Roystonea-1 exploration well in block 52

Petronas: Suriname has a major oil discovery at the Roystonea-1 exploration well in block 52

The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has revealed several oil-bearing campanian sandstone reservoir packages, the company announced on November 2. The Roystonea-1 well reached a total depth of 5,315 meters. Petronas said that the discovery is poised to…
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Allseas will begin the installation, burial and commissioning of a 16-inch CCS pipeline for the Porthos Carbon Capture and Storage Project.

Allseas to construct a 16-inch pipeline for the CCS project developed by Porthos

eyesonbrasil Amsterdam, Nov. 2nd 2023– Within a very foreseeable future Allseas will begin developing the work which has been agreed between them and Porthos and the first tasks will include installation, burial and commissioning of a 16-inch CCS pipeline. This pipeline will connect a compressor station located at Maasvlakte, and the P18-A platform, which is…
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Funding for Energy related projects

Funding for Energy related projects

Amsterdam, Nov 2nd 2023– The U.S. Department of Energy (DOE) announced that they will be awarding $36 million to 11 projects, spread over 8 states. This has been done in order to drive forwards the Biden-Harris Administration’s efforts and to accelerate the development of marine carbon dioxide removal (mCDR). The funding for these projects comes…
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Climeworks is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight?

A Startup Battles Big Oil for the $1 Trillion Future of Carbon Cleanup

by Brian Kahn – Bloomberg Christoph Gebald’s company, Climeworks, is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight? Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for…
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Netherlands so rich

Why is The NETHERLANDS so RICH?

How it became the world’s second largest exporter of food? The Netherlands is a small country in Northern Europe, home to just over 17 million people. A good part of the territory is below sea level, which is why it is famous for its engineering works to face the challenges of constant flooding. It is…
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