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JINAN, China, Dec. 2, 2024 /PRNewswire/ -- From November 25th to December 1st, 2024, the fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) has been held in the Busan Exhibition & Convention Center in South Korea. Over 1400 negotiators from 178 member states, and more than 2300 representatives from intergovernmental organizations, United Nations agencies, non-governmental organizations, and the media have gathered to negotiate and finalize a legally binding international instrument to address the growing global and marine plastic pollution issues. As an international expert in continuous pyrolysis technology, Niutech from China is also contributing to the solution of the global waste plastics problem. Niutech's self-developed "Industrial Continuous Waste Plastic Pyrolysis Production Line", which has completely independent intellectual property rights, can turn various kinds of low-value, mixed and polluted waste plastics into high-quality chemical raw materials and apply them to the production of new plastics, thus realizing the closed-loop chemical recycling of waste plastics. At present, Niutech's technology has already completed 10,000-ton scale industrial projects in Denmark, Thailand, South Korea, and China which is of great significance for the high-value utilization of global waste plastics, reducing dependence on petroleum resources, lowering carbon emissions, and supporting sustainable development. Niutech's Waste Plastic Pyrolysis Project in Denmark Customers utilize Niutech's technology and complete sets of equipment to collect the mixed waste plastics provided by the self-built domestic waste treatment station and the surrounding plastics recycling organizations. After treatment, high-quality renewable resource products are obtained, which can be used as chemical raw materials for producing new plastics through further processing. The project has been invested and highly recognized by the European chemical giant BASF, signifying that Niutech's technology has reached the international leading level and has been a global demonstration level case in the field of chemical recycling of waste plastics. Niutech's Waste Plastic Project in Henan, China The project is the first industrial project in China to use continuous pyrolysis technology and equipment to treat plastic medical waste. The raw materials consist of medical plastic waste, including infusion tubes, infusion bags, cotton balls, and other HW01 medical waste. Through Niutech's continuous pyrolysis technology and complete sets of equipment, the high molecular polymers in medical waste are transformed into high added-value and widely used renewable resource products which can replace some petroleum resources and realize the recycling of resources, with good environmental benefits, social benefits and economic benefits. Niutech's Waste Plastic Pyrolysis and Oil Deep Processing Project in Thailand Customers utilize Niutech's technology and complete sets of equipment to collect waste plastic from surrounding cities. After processing, high-quality renewable resource products are obtained. Then, through further oil-deep processing, gasoline, and diesel fractions are acquired, which can be directly used as fuel for the enterprise's vehicles after blending. The successful commercial operation of the project proves that Niutech's comprehensive waste plastic solution ("resource utilization + high value-added") is accurate and effective in addressing customers' needs. More information:Niutech Website: www.niutechenergy.com/ Social Media:Niutech Youtube: www.youtube.com/@niutechpyrolysis
COPENHAGEN, Denmark, Nov. 28, 2024 /PRNewswire/ -- Global Fashion Agenda (GFA), with support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the H&M Foundation, has launched the Upstream Circularity Playbook, now available in six languages. This comprehensive resource draws on extensive case studies across multiple countries to provide a globally accessible, step-by-step guide specifically tailored for garment manufacturing regions. Designed to help stakeholders scale circular business models by valorising post-industrial textile waste, the Playbook equips manufacturing hubs with tools needed to drive sustainable change. With over 520 global regulations now encouraging circularity and regionalisation in sourcing and design, the Playbook serves as a critical tool for establishing and scaling upstream circular ecosystems. It equips manufacturers, brands, policymakers, and investors with actionable strategies to implement circular fashion solutions in core manufacturing regions. With significant volumes of post-industrial textile waste yet to be properly harnessed, its consistency and high quality present a pivotal opportunity for scaling textile-to-textile recycling technologies in manufacturing regions. This can pave the way for recycling of post-use textiles and clothing. In Bangladesh alone, embracing textile recycling could unlock USD 4 to 5 billion annually through the export of recycled products, however, limited recycling capacity underscores a critical gap in industrial waste management. Empowering Circularity in Manufacturing Countries The Upstream Circularity Playbook draws on over 20 case studies from diverse regions such as Bangladesh, Cambodia, Indonesia, and Vietnam, providing an international and regional perspective that fosters knowledge sharing across the fashion industry. The examples showcase successful collaborations between brands, manufacturers, recyclers, and textile waste collectors, offering a replicable model for scaling circular solutions in various global contexts. Collaboration across the entire value chain is critical for unlocking the full potential of circularity. The Upstream Circularity Playbook provides a roadmap for stakeholders to work together in building a just and scalable circular fashion system. A Constructive Framework for Action The Playbook offers a pragmatic, step-by-step framework for building the necessary infrastructure to scale circularity in garment manufacturing countries. It provides essential tools for: Segregating textile waste at the factory level to prevent contamination and enhance recycling quality. Leveraging digital traceability platforms to track waste flows and align with recycler requirements. Collecting, aggregating, and sorting textile waste to ensure it is properly prepared and delivered to recyclers. Matching textile waste to the best use case by selecting the most suitable recycling technologies to ensure high-quality material recovery. Designing for circularity by incorporating recycled materials into new products, contributing to the creation of a closed-loop system. Harnessing the OpportunityThis emphasis on upstream circularity presents an immediate opportunity to valorise post-industrial waste, laying the groundwork for scaling textile-to-textile recycling and ultimately reducing dependency on virgin resources as they are gradually replaced by recycled materials. GFA previously noted in the Scaling Circularity Report that existing recycling technologies have the potential to drive up to 80% circularity in the fashion industry if fully scaled. Additionally, the Pre-Feasibility Report highlights that, in the case of Bangladesh, recycling textile waste could reduce cotton imports by 20%, saving nearly $750 million USD annually. The Upstream Circularity Playbook therefore builds on this research by providing an actionable framework for the industry to harness such opportunities. Federica Marchionni, CEO of Global Fashion Agenda, says: "The Upstream Circularity Playbook is a vital tool for embedding circularity across the fashion value chain on a global scale. By prioritising innovation and value creation in key manufacturing regions, we are using post-industrial waste to build the infrastructure needed to attract and scale recyclers, ultimately preparing these regions for post-consumer waste recycling and driving meaningful change worldwide." Catherine Chiu, GCFF SteerCo member, VP Corporate Quality & Sustainability at Crystal Group, says: "I believe this Playbook brings transformative insights globally. It empowers industry stakeholders in manufacturing regions to innovate and collaborate, turning textile waste into valuable resources. I envision driving the long-term, scalable shift towards a circular business model along the fashion value chain together." Edwin Keh, GCFF SteerCo member, CEO at HKRITA, says: "Our industry's pace of change has to accelerate to achieve our climate goals. This Upstream Circularity Playbook is an effort to support the effort and drive momentum. This is a practical guide to how we best use, reuse, and repurpose our supply chain's resources." With contributions from over 20 experts and organisations, the Playbook is designed to spur action on a global scale. It provides a blueprint for fostering economic, environmental, and social benefits in garment manufacturing regions and emphasises the need for collaboration across the value chain to achieve a scalable solution for textile-to-textile recycling. The Upstream Circularity Playbook is openly accessible and available in six languages, inviting stakeholders worldwide to provide feedback and join the conversation. Download the Upstream Circularity Playbook here. For further information, please contact: press@globalfashionagenda.org This information was brought to you by Cision http://news.cision.com https://news.cision.com/global-fashion-agenda/r/new-upstream-circularity-playbook-presents-a-blueprint-for-scaling-textile-recycling-in-manufacturin,c4067743
BEIJING, Nov. 28, 2024 /PRNewswire/ -- When Chinese scholar Li Xiuzhen first saw the Rhine River while studying in the Netherlands in 1996, she was deeply impressed by the river's crystal-clear waters, similar to that of China's Yangtze River. Although Li had never seen the Rhine before, this famous European river made the then young woman, who later became a well-known expert in wetland ecology, feel so close. Two years later, Dutch scholar Huib de Vriend encountered the Yangtze River for the first time in Nanjing, East China's Jiangsu Province, during his trip to China in 1998. "It was so vast," he recalled to the Global Times on his first impression of the river, known as the mother river of China, with its wide expanse of water stretching as far as the eye could see. At that time, neither Li nor de Vriend knew that their respective institutions - East China Normal University (ECNU) in Shanghai and Delft University of Technology (TU Delft) in western Netherlands' Delft city - would engage in over 20 years of continuous collaboration focused on major rivers and delta regions like the Yangtze and the Rhine, being a vivid example of people-to-people exchange between China and Europe in the academic field. Now old friends, Li and de Vriend met again at an academic forum in mid-November. Themed "Yangtze-Rhine-Danube Regional Dialogue," the forum brought together more than 100 global government officials, scholars and industry veterans, who shared their insights on topics including river improvement, environmental protection, the relationship between rivers and human society, and grass-roots exchanges based on rivers and deltas. Dialogues on rivers from different regions is of great significance today, said Li, now deputy director of the Institute of Estuarine and Coastal Research at ECNU. "Rivers nurture civilization and promote communication, diminishing the constraints of geopolitics," she told the Global Times. "Our academic exchanges based on rivers are an important part of grass-roots diplomacy." Similarities and differences Co-hosted by ECNU and Shanghai People's Association for Friendship with Foreign Countries (SPAFFC), the forum held in Shanghai on November 21 explored the cultural exchanges and sustainable development cooperation mechanisms among the Yangtze River, Rhine River, and Danube River basins, promoting win-win development and fostering China-Europe friendship, said Chen Jing, president of SPAFFC. Many guests at the forum told the Global Times that there are numerous similarities and differences among these three rivers. It is these similarities and differences that provide value for mutual learning and motivation for cooperation among the involved countries, they said. As a keynote speaker who provided a detailed introduction to the situation of the rivers Rhine, Meuse and Scheldt and their delta, de Vriend said the most obvious similarity between the Yangtze River and the Rhine River is that they are economic chains connecting particularly important economic areas. "Here in China is the case; and also, northwest Europe is the most important economic area there, thanks to the Rhine," he said. Another major similarity is that both the Yangtze River and the Rhine River carry a lot of sediment, which can be used to build up land or to ensure that the river remains stable, de Vriend said. "So there are a lot of things in common between these rivers, but there are also differences," he told the Global Times, noting that "differences are driving the collaboration." The flow rate and number of dams on the Yangtze River far exceed those of the Rhine, making mutual learning particularly appealing, he said. "It's not only that we bring knowledge here, but we also get something back.'' Echoing de Vriend, Li said that academic cooperation between China and Europe in the field of rivers is a process of mutual learning. She said the Netherlands is ahead of China in its pollution remediation of the Rhine River, and its efforts in returning farmland to wetlands, which have offered many valuable experiences to learn from. On the other hand, China is enlightening in its efficient implementation of certain central government-led policies, such as the 10-year fishing ban on the Yangtze River. "Similar policies would be very difficult to implement in Europe, due to the competing interests among different river basin countries," he said. Iulian Nichersu from Romania-based Danue Delta National Institute for Research and Development, another keynote speaker at the forum, said this was his first visit to China. He plans to visit the Yangtze River Delta, a part which is a UNESCO (United Nations Educational, Scientific and Cultural Organization) listed heritage. Speaking of the possible areas for enhanced cooperation between China and Romania in the study of rivers, Nichersu highlighted nature preservation and wetland management as key areas for deeper collaboration. He mentioned that there have been some cooperative programs for ecological restoration between Chinese and Romanian institutions, which are important aspects of wetland management. "They can serve as a way for information and knowledge exchange between these two systems," he told the Global Times. Long-term academic cooperation The forum was held as part of a series of international meetings under the "Mega-Delta Programme." The program was one of the inaugural 65 Decade Actions endorsed by the "United Nations Decade of Ocean Science for Sustainable Development (2021-2030)," making Chinese mainland's sole inclusion. Initiated by the State Key Laboratory of Estuarine and Coastal Research at ECNU, the "Mega-Delta Programme" aims to address distinctive challenges encountered by estuarine deltas across varied regions, typologies, and developmental stages amid global transformations. He Qing, director of the laboratory, believes that the fact that the program was selected demonstrates the essential role of rivers in facilitating cultural exchange. "The development of human civilization is closely linked to rivers. Historically, the four major cradles of civilization all emerged around great rivers," she told the Global Times. "Moreover, this program embodies the idea that, the UN needs scientists like us to take on a social responsibility to jointly preserve and protect our river ecosystems and civilizations," she added. In 2023, ECNU and SPAFFC co-hosted the Yangtze-Mississippi Regional Forum, focusing on dialogue between the two major rivers of China and the US. He said they plan to regularly hold such similar academic forums, which will include more of the world's great rivers, such as the Mekong and the Amazon, to further promote dialogue and cooperation among more regions globally. Over the past few decades, Chinese scholars have maintained close exchanges with their global peers in the field of river studies under supported of the government. The cooperation between ECNU and TU Delft, for instance, has involved long-term collaborative projects since 2002, under a strategic cooperation framework signed by the Chinese and Dutch governments, according to He. With the help of these collaborative projects, many ECNU faculty and students in river studies have traveled to the Netherlands multiple times over the two decades, either for short visits or to pursue an 18-month graduate program at TU Delft. "As for myself, I've been to the Netherlands at least 30 times in the past 20 years, and I even know well the cashiers at the supermarket near TU Delft," He said. De Vriend is a frequent visitor at Institute of Estuarine and Coastal Research of ECNU. In addition to teaching, he supervises some doctoral students and occasionally offers management advice. Close academic exchanges are especially valuable in the current complex international landscape. De Vriend mentioned that now in his country, there sometimes may be "a bit of stress" regarding collaboration with China. "But I think in our field, there's no reason to have stress, and we can be relaxed about exchanging information and insights," he told the Global Times. Broader exchanges 2025 will mark the 50th anniversary of diplomatic relations between China and the European Union (EU). "As two major global powers, markets, and civilizations, the China-EU relationship is vital for the well-being of both sides and for global stability and prosperity," said Hao Zhongwei, director-general of Department of European and Asian Affairs of the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), in a speech delivered at the forum's opening ceremony on November 21. In addition to academic exchanges, the forum also featured a panel discussion on the broader topic of "Mechanisms of Collaboration between River Basins." During this session, representatives from various governments, companies, and civil friendship organizations shared their views on how to further expand people-to-people exchanges between China and Europe in various fields. Nagy Judit Éva, president of Hungarian-Chinese Friendship Association, was a guest at this session. She mentioned that this year marks the 75th anniversary of diplomatic relations between Hungary and China, and both countries have organized a series of activities, from government to grass-roots levels, to enhance mutual understanding and friendship. "Chinese culture is getting closer to Hungarian people, and in Hungary, learning the Chinese language is getting more and more popular." she told the Global Times. Luoding Lammel-Rath, chairperson of the German-Chinese Friendship Association, shared her observations on cooperation between China and Europe regarding rivers during this session, covering areas such as trade, navigation, flood warning, environmental and climate protection, as well as cultural and tourism exchanges. Before the forum began, Lammel-Rath shared in a brief interview with the Global Times about a German festival called Mainfest. Mainfest is a celebration held in riverside cities like Frankfurt, originally derived from a fishing festival created by fishermen and captains to pay tribute to the rivers. Like China's Dragon Boat Festival, it is a traditional holiday related to rivers. Germany and China, as well as their peoples, are very similar, both hard-working and diligent, said Lammel-Rath. "Rivers provide a great opportunity for both sides to learn about each other," she said. "Under this theme, there will be more development around people-to-people diplomatic relationships. That's the future." https://www.globaltimes.cn/page/202411/1323923.shtml
BAKU, Azerbaijan, Nov. 25, 2024 /PRNewswire/ -- At the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), representatives from China's "COP Together" project, with the support of the project's initiators, successfully participated in the conference and engaged in a series of meaningful activities. They showcased the active role of China's civil society in global climate governance and provided a broader international platform for Chinese nongovernmental organizations, further promoting global climate action. "COP Together" Empowers Chinese NGOs The "COP Together" project was initiated in response to China's need and mission to participate in global climate governance. The project was jointly launched by the Vanke Foundation, the China Association for NGO Cooperation (CANGO), and C Team. Its goal is to support and mobilize Chinese nonprofit organizations to actively engage in global climate governance, particularly under the United Nations Framework Convention on Climate Change (UNFCCC). The project aims to help Chinese nongovernmental organizations apply for observer status under the UNFCCC and provide a more direct and effective international dialogue platform. The annual COP conference serves as a key platform for global climate action, attracting active participation from governments, NGOs, and intergovernmental organizations worldwide. However, the level of engagement from Chinese social organizations in this global climate governance arena is not proportional to China's status in the global economy and the climate risks it faces. According to statistics, Chinese NGOs account for only 2.7% of the total number of observer NGOs in the UNFCCC process. Therefore, one of the key objectives of the "COP Together" project is to enhance the participation of Chinese organizations in international climate governance. Providing a Larger Stage for Chinese Social Organizations Wang Xiangyi, Vice Chair and Secretary-General of the China Association for NGO Cooperation, noted that she has attended the UN Climate Change Conferences for over a decade and has witnessed Chinese social organizations transition from "learners" to "participants" and "contributors." This journey has been challenging, but it has also demonstrated the tireless efforts and solidarity of Chinese social organizations in addressing climate change. Wang further pointed out that in recent years, more and more social organizations focused on areas such as community development, disaster relief, and women's development have started to participate in UN climate conferences. These organizations have not only played an active role in addressing climate change but have also injected new vitality into global climate action. She mentioned that the theme of the COP29 side event, "Engaging New Players in Climate Action to Make Collective Impact", reflects this trend. This is also the original intention behind the "COP Together" project—hoping to provide more Chinese social organizations with opportunities to participate in climate conferences and contribute to global climate governance. Since the launch of the project, it has received positive responses from many CSOs. The project team held workshops for organizations interested in participating in climate conferences, published course materials, shared information on climate negotiations and the role of social forces in international climate dialogue, and provided detailed guidance on applying for UNFCCC observer status. The enthusiasm and active discussions during these activities indicate that Chinese CSOs' concern for and willingness to engage in climate change action is growing. During COP29, multiple Chinese non-profit organizations supported by the "COP Together" project successfully participated in related events and made active statements at various side meetings. These organizations not only showcased the important role of Chinese civil society in climate action but also actively promoted deeper cooperation in global climate governance. Exemplifying China's Civil Society on the Global Stage The China Building Energy Efficiency Association submitted an application for observer status to the UNFCCC Secretariat this year. Its Vice President Li Deying attended the side event titled "Dialogue with the World to Craft a Sustainable Ecosystem for a Net Zero Future" held during the China Pavilion's Digital Day and was invited to participate in several forums and exchanges hosted by the Energy Foundation and other organizations. At COP29, Li Deying said, "On this international stage, I deeply feel the urgency of global cooperation to address climate change. Representatives from various countries actively exchanged ideas, sharing their latest progress and challenges in emission reduction, climate adaptation, and climate financing." He pointed out that COP29 placed special emphasis on the importance of green energy transformation and sustainable development, encouraging countries to take more proactive actions to meet the greenhouse gas control targets outlined in the Paris Agreement. "COP29 is not just a platform for discussion, but a catalyst for action. It has sparked profound reflections on future climate policy formulation and implementation," Li concluded. Under the support of the "COP Together" project, the Hubei Yangtze River Ecological Protection Foundation participated in the UN Press Conference for release of reports including Selected Climate Charity Impact Cases and 2024 Corporate Green Development Documentation. The foundation's Vice President Wang Limin also shared China's ecological protection experiences at the conference. "We brought the Yangtze finless porpoise to COP29, hoping to use this international stage to showcase China's efforts and achievements in ecological protection, expand our network, and secure more resources to contribute to global climate change response," Wang said. He believes that ecological protection and climate change are closely related, and only by strengthening cross-border cooperation and communication can we more effectively address the challenges posed by climate change. Liu Xuesong, President of the Beijing Zero-Waste Recycling Industry Promotion Association, was invited to participate in the side event on "People-Centered Transition to a Circular Economy: Creating the Enabling Factors," where he shared some cases and practices from the Zero Waste Promotion Association (ZWPA) in the field of circular economy. Liu introduced the association's efforts to promote a human-centered circular economy through the integration of culture, technology, and aesthetics, as well as cross-disciplinary thinking, to increase the added value of the circular economy and promote a shift in consumer behavior and culture, advocating and practicing sustainable lifestyles. Showcasing the International Influence of China's Civil Society The "COP Together" project has provided an effective platform for Chinese CSOs to engage in global climate governance, enhancing the influence of China's civil society in global climate action. This project has also injected new vitality and momentum into global climate action. Under the framework of global climate governance, China is not only the largest developing country but also a key player in addressing climate change. As Chinese CSOs gradually take the international stage, they demonstrate China's increasingly important role in global climate cooperation. Through the "COP Together" project, Chinese non-governmental organizations can share China's experiences and innovations in climate change mitigation, participate in in-depth dialogues on global climate governance, and propose climate solutions. This contributes to achieving the greenhouse gas control targets outlined in the Paris Agreement. At the same time, the international community can gain a more comprehensive understanding of China's progress and achievements in climate action, promoting more cooperation and consensus in climate governance among countries and regions.
BAKU, Azerbaijan, Nov. 25, 2024 /PRNewswire/ -- The Government of Indonesia, represented by the Special Envoy of the President of the Republic of Indonesia, Hashim Djojohadikusumo, has attracted EUR 1.2 billion in green financing for the power sector from Kreditanstalt für Wiederaufbau (KfW). This agreement was finalized during the 29th Conference of the Parties (COP29) in Baku, Azerbaijan, on Wednesday (11/13). The funding will be allocated to the development of various green power infrastructures, supporting the nation's sustainable energy transition. PLN - Special Envoy of Indonesia, Hashim Djojohadikusumo Attracts EUR 1.2 Billion of Green Financing in Electricity Sector at COP29 The partnership was formalized by the signing of a Memorandum of Understanding (MoU) between PT PLN (Persero) and KfW. This partnership focuses on developing clean energy projects, specifically Pumped Storage Hydropower Plants and transmission network to connect green power plants. Hashim Djojohadikusumo emphasized that the government of Indonesia is committed to reducing carbon emissions through energy transition by fostering collaborations at the global level, the shift towards renewable energy is expected to support energy self-sufficiency and drive national economic growth. He affirmed, "We have developed a new strategy over the next five years to achieve a minimum of 8% sustainable economic growth." He underscored that the development of clean energy sources is crucial for enhancing Indonesia's industrial competitiveness. Over the next 15 years, the country targets a 75 percent increase in renewable energy generation capacity, contributing to the planned addition of 100 gigawatts (GW) of electricity capacity. "As a major nation, we are committed to fulfilling our responsibility to protect the future of our environment. We deeply appreciate the established international cooperation, which is a testament of our collective efforts in achieving the Net Zero Emissions (NZE) target," Darmawan Prasodjo, President Director of PT PLN (Persero) ("PLN"), expressed the corporation's firm support towards the government's initiatives in advancing energy transition. Various collaborations and initiatives have been implemented by PLN to ensure the success of sustainable electricity projects. He noted that KfW's involvement in PLN's green projects is expected to drive more international partners to collaborate, cultivating a synergy of sustainable strategic, technical, and investment collaboration to accelerate global climate action. "This collaboration signifies PLN's proactive steps in expanding international partnerships to enhance national energy self-sufficiency in line with global climate actions." Jürgen Kern, Sustainability Officer of KfW Group, explained that KfW's support for Indonesia demonstrates Germany's commitment to international cooperation for green transformation. Furthermore, Jürgen highlighted that PLN is at the center of Indonesia's energy transition, underscoring the company's unwavering support to greening the energy sector, while maintaining reliable energy access. "Therefore, we believe that Indonesia and Germany can continue to strengthen partnership in the energy sector, moreover, in clean energy projects, like renewable energy and transmission. Achieving the NZE target requires robust collaboration and partnership," he concluded.
SINGAPORE, Nov. 25, 2024 /PRNewswire/ -- Bluefield Renewable Energy is driving Singapore's decarbonisation efforts with potential to generate over 330,000 carbon removal credits via biochar production from waste in Singapore. In partnership with SembWaste as part of the Closed-Loop Partners Network, Singapore's pioneering platform for advancing a circular economy, Bluefield aims to support Singapore's ambition of becoming a Zero Waste Nation and achieving Net Zero emissions. By creating locally generated carbon removal credits, Bluefield is contributing to position Singapore as a global leader in carbon sequestration and circularity, while contributing to the nation's broader net-zero goals. Aligned with Singapore's commitment to the Paris Agreement and its goal of achieving net-zero emissions by 2050, Bluefield recognises the importance of active carbon removal that serves as negative emissions to counterbalance emissions from hard-to-abate sectors in Singapore. By producing high-quality carbon removal credits locally, Bluefield supports Singapore's efforts to mitigate its carbon footprint while addressing global challenges in quality carbon credit scarcity. As global regulations such as the European Union's Carbon Border Adjustment Mechanism (CBAM) increase, producing quality carbon credits domestically has become essential, and Bluefield's biochar solution is well-positioned to support this demand. Advancing Carbon Sequestration and Circular Economy with Biochar Using proprietary advanced pyrolysis technology, Bluefield converts waste into biochar, a stable, carbon-rich material that prevents carbon from re-entering the atmosphere. Biochar is a valuable resource with diverse applications across various sectors, such as: Construction and Green Building: Biochar can be integrated into green concrete, offering a sustainable, lower embodied carbon option for 'Green' building developments across Singapore. Gardens and Landscaping: As an urban soil amendment, biochar enhances soil health and biodiversity, ideal for Singapore's green spaces and aligning with the nation's "Garden City" vision. Agriculture and Food Production: Biochar supports sustainable farming practices, benefiting local food security efforts and farms under the Singapore Food Agency (SFA). Through this shift from waste incineration to biochar production, Bluefield is advancing Singapore's circular economy goals and converting 'Waste-to-Resources' in a resource scarce country like Singapore. Maximising Economic and Environmental Impact with Local Carbon Removal Credits The carbon removal credits generated through Bluefield's biochar production hold significant environmental and economic potential. From the approximately 700,000 tonnes of suitable wastes available in Singapore, the biochar production from it could generate over 330,000 carbon removal credits. This is equivalent to the carbon absorbed by more than 16 million mature trees annually or offsetting emissions from more than 180,000 four-room HDB households, advancing Singapore's decarbonisation journey. While biochar-based carbon removal credits are among the more financially accessible types of carbon removal credits globally, they are priced considerably higher than conventional offset carbon credits due to their superior quality and positive environmental impact. This price premium offers a lucrative opportunity, as the demand for high-quality, verifiable carbon removal credits continues to rise, presenting significant potential for economic gain. "At Bluefield Renewable Energy, we are committed to creating our own carbon removal credits as a vital part of Singapore's sustainable future," said Randy Toh, Vice President of Bluefield Renewable Energy. "By converting waste into valuable resources and sequestering carbon through biochar, Singapore has the potential to become a leading carbon sink city." Towards a Sustainable Singapore Bluefield Renewable Energy's biochar initiative represents a significant step in Singapore's climate action, building local capacity for carbon credit generation. Through a sustainable ecosystem that treats waste as an asset for decarbonisation, Bluefield enables high-quality credits to mitigate emissions locally and internationally. As Singapore works towards its 2050 targets, Bluefield's biochar production is poised to play a pivotal role in achieving net-zero emissions, setting Singapore apart as a global leader in sustainable innovation and environmental resilience. About Bluefield Renewable Energy Bluefield Renewable Energy is committed to driving sustainable solutions that tackle global climate challenges. Through partnerships such as our collaboration with SembWaste and the use of our innovative proprietary advanced pyrolysis technology, we strive to convert waste into valuable resources, sequester carbon, and support Singapore in reaching its carbon neutrality targets.
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