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HONG KONG, Sept. 11, 2023 /PRNewswire/ -- To raise awareness of global climate issues and sustainable environmental solutions among secondary school students and university students, Elion Foundation and Treelion Foundation are organizing the 2nd Kubuqi Award. This initiative inspires youngsters to address ecological and sustainability challenges in the desert while empowering them to showcase their understanding of cutting-edge technologies and sustainable solutions. Winning teams will be awarded scholarships, certificates, and a unique opportunity to visit the Kubuqi Desert for free! 2nd Kubuqi Award Poster "We hope that, through this competition, students can contribute to desert governance and sustainable development at both the global and national levels, while we provide them with opportunities and nurture them to become future leaders in ecological conservation and new sustainable development," Mr. Plato Yip, Director of Elion Foundation, stated and wished that participants can benefit significantly from the competition. The competition is now open for registration, with a deadline set for October 31, 2023. Interested students are welcome to sign up and participate. The Kubuqi Award Received an Enthusiastic Response The First Kubuqi Award has seen hugely positive student response and has been overwhelmed with outstanding submissions. Over 60 short video entries were submitted by secondary school students, in which seven entries were submitted by the same school, demonstrating a highly active engagement. 94 university applications and over 60 proposals were submitted. Participating teams comprised students from diverse disciplines, including medicine, music, law, pharmacy, and finance, extending the competition's reach across different academic fields. Students from Munsang College (H.K Island), True Light Girls' College, and YPICA Lee Lim Ming College demonstrated their exceptional talents and won the top three of the Secondary School - "Talk About Desertification" Short Film Competition. For the University - Desertification Control Entrepreneurship Competition, teams of students from the University of Hong Kong, Hong Kong Polytechnic University, Technological and Higher Education Institute Of Hong Kong(Thei), Hong Kong Baptist University, and Hong Kong University of Science and Technology secured the top three honours and scholarships. Endorsed by Significant Organizations and Acknowledged by Industry Supported by the Department of Educational, Scientific and Technological Affairs of the LOCPG, the Education Bureau and InvestHK, co-organized by Friends of the Earth (HK) and the GBA Economic and Trade Association, the Kubuqi Award has invited a panel of professional judges from various fields to determine the finalists and the winning teams. The 2nd Kubuqi Award: "Speak Sustainability" Secondary School Short Video Contest and International Desert Sustainable Development Proposal Competition are open for secondary school students and university applicants respectively. Raising Awareness through Short Films The "Speak Sustainability" Secondary School Short Video Contest invites teams of 2 to 4 secondary school students from the same school, nominated by a teacher. Multiple teams from the same school are allowed to join and compete. The participating team will film a 1.5-minute short video addressing one of the following environmental-related topics: Energy and Climate Change, Atmospheric Pollution and Air Quality, Water Resources and Conservation, or Biodiversity and Nature Conservation. Academic judges will screen the submitted entries and 15 shortlisted videos will be uploaded onto the Kubuqi Award official website for public voting to determine the final winners. Proposal for Green Development in Deserts The International Desert Sustainable Development Proposal Competition is divided into local and international university groups, radiating the coverage of the competition from Hong Kong to worldwide. Participating teams must consist of 2 to 4 full-time undergraduates and postgraduates. Team members can be from different institutes, faculties, grades, and disciplines. Proposal submissions shall be based on the following themes: Desert Zero Carbon New Town Design, Desert Ecotourism Business, Sustainable Utilization of Desert Energy and Water Resources, or Desert Ecosystem Conservation and Restoration. Students will propose an innovative and feasible desert sustainable development plan to propose resolutions for the ongoing desertification problems in the desert and address global carbon neutrality policy goals. Expert judges will conduct online evaluations and select the finalists. Finalist teams will have the valuable opportunity to participate in a mentorship program, where they will receive expert guidance to refine their proposals. After the final submission, the local and international teams will participate in online or offline work presentations, where the judging panel will conduct live scoring. Winners will be announced before the awards ceremony. The competition is now open for registration, and we warmly welcome all secondary school and university students to actively register and compete for the Kubuqi Award, contributing to the development of a green and sustainable desert! For more detailed information about the competition, please refer to the official website of the 2nd Kubuqi Award: https://kubuqiaward.com. About the Elion Foundation Elion Foundation is a public welfare charity organization initiated by Elion International Investment Co., Ltd., focusing on environmental protection businesses. The foundation is committed to promoting the development of new technologies and models in the field of international and domestic ecological governance and environmental protection, especially in the environmental governance and sustainable development of countries along the "Belt and Road". About Treelion Foundation Treelion Foundation incubated by Elion International Investment Co., Ltd. was officially registered in Singapore in 2019 and is one of the largest green ecological funds in the world. The foundation plans to use blockchain technology to build a sustainable development and low-carbon green digital economy platform.
Independent research shows lack of information and high prices are the main barriers for consumers to make more sustainable purchases Businesses can play a significant role in making it easier for consumers to make consciously sustainable choices and earn more trust from consumers Alibaba Group's latest ESG report reveals that over 180 million consumers participated in carbon emission reduction through its carbon ledger platform HANGZHOU, CHINA - Media OutReach - 27 July 2023 - A vast majority (73%) of consumers want to live more sustainable lifestyles, particularly among those living in emerging Asian markets (87%), but inconvenience and high costs are cited as main stumbling blocks to the adoption of sustainable lifestyles, finds the latest independent research commissioned by Alibaba Group. The research, titled "The Sustainability Trends Report 2023", polled more than 14,000 consumers from 14 markets across Asia, Europe and the Middle East. It finds that convenience (53%) and affordability (33%) are critical for driving behavioral changes on consumer sustainability and businesses can make it easier for consumers to make sustainably conscious choices. But consumers are cynical (38%) towards the underlying motivation of businesses' "sustainable" products, with only 15% saying that they completely trust claims around sustainability of products. Businesses need to work harder to build trust among those consumers, especially among people living in European markets. "As a digital platform company, Alibaba is uniquely positioned and committed to addressing the 'say-do' gap challenge; by reducing the inconvenience obstacle, adding more sustainable choices, and optimizing supply chains to keep costs reasonable for consumers. Sustainable consumption is crucial for the environment, and in the meantime it provides a great opportunity for businesses, as well as the digital economy as a whole, to have a long-lasting development into a sustainable future for all," said Liu Wei, Alibaba Group ESG Strategy Lead. Alibaba published its latest Environmental, Social and Governance (ESG) Report in late July where for the first time it disclosed its Scope 3+ decarbonization progress since it pioneered the concept in 2021 for a wider pledge of carbon emission reduction across its ecosystem. Alibaba's carbon ledger platform has seen a total number of 187 million consumers participating in carbon emission reduction activities in the 12 months leading to March 31, 2023 with 1.91 million products from 409 brands offered on Tmall and Taobao through its low-carbon friendly products program as of March 2023, its latest ESG report revealed. Consumers from the emerging Asian markets are the most willing to learn how to make more sustainable purchase online Consumers globally are embracing more sustainable lifestyles, but there are variations across regions in the level of engagement and how they want to live and shop more sustainably. The research finds around three in four consumers (76%) would welcome more information about how to be more sustainable. The proportion is highest in the Philippines (93%), Indonesia (91%), and UAE (90%). Over half (58%) of consumers say they've already engaged with sustainable practices and they feel they are already personally doing a great deal. There's also a general openness towards learning about sustainable online practices, with an average of 73% saying that they would welcome more information about how to make purchases online that are more sustainable. Respondents from emerging Asian markets (88%) show higher willingness to learn how they can make purchases online that are more sustainable compared with developed Asian markets (66%) and Europe (66%). The sustainable online shopping behaviors also differ across regions, with emerging Asian markets (47%) more inclined to choosing sustainable packaging whereas those in Europe (47%) tend to recycle more. Half of the consumers would only go sustainable if it's convenient; with a third believing sustainability is not affordable Lack of information on how products are sustainable (48%) and the prices of sustainable products being too high (45%) are cited as the main barriers for consumers to make more sustainable purchases. Over half of the consumers (53%) surveyed say they would only make sustainable choices if they were convenient, which is especially the case in Asian markets (61%) compared to European markets (36%). A third (33%) say living sustainably is not affordable, with Thailand (84%) leading the pack, followed by UAE (41%) and Spain (37%). Amid the shifting consumer sentiments, businesses can play a significant role in making it easier for consumers to make sustainable conscious choices, the report finds. Making sustainable products more affordable (61%), making fewer products using single-use plastics and packaging (55%) and a wider selection of sustainable products and services (47%) are the top three ways consumers say businesses can do to promote consumer sustainability. But businesses need to work harder to build trust among consumers on their sustainability claims, especially among those living in European markets, said the research. 23% of consumers say they "do not trust very much" the claims around sustainability of products from businesses, with the highest proportion in France (31%), Spain (31%) Germany (30%) and the U.K. (30%). Nearly two in five consumers (38%) are cynical towards the underlying motivations of businesses' sustainable products, with Thailand (56%), France (48%) and Singapore (47%) as the top three markets where consumers say sustainable products are just a way for companies to sell their products at a higher price. "We believe companies can better earn trust from consumers by addressing their own 'say-do' gap, such as being more transparent and committed with their sustainability claims, and backing their sustainable practices with data. This will also lead to greater empathy towards consumers along our common journey of sustainability," Liu Wei added. About the survey: "The Sustainability Trends Report 2023" was conducted by Yonder Consulting, a UK-based consulting firm, with advisory and analysis support by Hong Kong-based sustainability consultancy, The Purpose Business, between January 26 to February 14, 2023, based on feedback from 14,125 consumers to an online survey. Respondents of the survey are located in fourteen markets across Asia, Europe and the Middle East including: Germany, France, Italy, Spain, U.K., Indonesia, Malaysia, Philippines, Thailand, South Korea, Hong Kong SAR, Japan, Singapore and the UAE. Asian developed markets referred in this research include Hong Kong SAR, Japan, Singapore and South Korea, while Asian emerging markets refer to Indonesia, Malaysia, Philippines and Thailand. Hashtag: #AlibabaGroupThe issuer is solely responsible for the content of this announcement.About Alibaba Group:Alibaba Group's mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.
Key Highlights: GHG emissions intensity reduced by 2.33% to 10.04 tonnes of CO2e per tonne of aluminium produced Global production increased by 2.75% to 111.2 million tonnes Total emissions remained approximately stable at 1,116 million tonnes CO2e Third consecutive year of production growth without commensurate emissions growth LONDON, Dec. 13, 2024 /PRNewswire/ -- New data from the International Aluminium Institute (IAI) shows continued progress in delivering global aluminium production growth without a corresponding increase in greenhouse gas emissions. Global aluminium production growth without a corresponding increase in greenhouse gas emissions. Greenhouse gas emissions from global aluminium production increased by only 0.36% in 2023, while aluminium production grew by 2.75%. Total greenhouse gas emissions from the aluminium industry peaked in 2020. The latest data shows that aluminium production increased from 108.2 million tonnes in 2022 to 111.2 million tonnes in 2023. On the other hand, Greenhouse gas emissions remained essentially stable at 1,116 million tonnes of CO2 equivalent (CO2e), compared to 1,112 million tonnes in 2023. The emissions from each tonne of aluminium production referred to as 'emissions intensity', fell by 2.33% in 2023 and has fallen by 11.5% since 2020. IAI Secretary General Miles Prosser said: "The latest data reinforces our confidence that the industry has reached a turning point, with metal production growth successfully decoupled from emissions growth. We are encouraged to see that the initiatives undertaken by IAI's member companies are enabling increased production without a significant rise in greenhouse gas (GHG) emissions. "However, while the stable emissions levels in 2023 reflect positive progress, they also serve as a stark reminder of the scale of the challenge ahead in reducing emissions. The industry's sustained efforts and substantial investments in emissions-reduction projects have laid a strong foundation, but more must be done. As an industry, we must find ways to deliver emissions reductions faster, deeper and broader across the industry." The aluminium industry remains a key enabler for many sectors looking to reduce their carbon footprint, such as the generation and distribution of clean energy, the transition to electric vehicles and the uptake of sustainable and recyclable packaging for food and drink. With the increasing demand for aluminium, the industry is making significant investments in reducing GHG emissions across the entire production value chain. The emissions intensity of aluminium production, including both primary metal and recycling, decreased from 10.28 tonnes of CO2e per tonne in 2022 to 10.04 tonnes of CO2e per tonne in 2023. The emissions intensity of primary aluminium production fell from 15.1 million tonnes of CO2e per tonne in 2022 to 14.8 tonnes of CO2e per tonne in 2023. Notes to Editors: The IAI provides comprehensive data on greenhouse gas emissions across the aluminium sector, covering: Bauxite mining Alumina refining Primary aluminium production Anode production Casting Aluminium recycling Semis production Internal scrap remelting This includes both direct emissions from industrial processes and indirect emissions from energy use, purchased auxiliary materials, and the transport of key ingredients, offering insights into the sector's environmental impact and progress in emissions reduction.
BEIJING, Dec. 13, 2024 /PRNewswire/ -- The 2024 Pearl Bay International Climate Investment and Financing Conference concluded on Monday, had seen fruitful results on promoting green development with the power of finance, calling on all parties to join hands toward a green future. The 2024 Pearl Bay International Climate Investment and Financing Conference is held in Nansha District of Guangzhou, south China's Guangdong Province from December 8 to 9, 2024. Delving into the topics of energy transition investment and green cooperation under the Belt and Road Initiative, the conference put forward a series of cooperation initiatives to strengthen international cooperation and promote implementation of green and low-carbon projects. The Belt and Road Low Carbon Services Partnership was launched at the event, with a first batch of 23 member institutions vowing to provide comprehensive services in low-carbon technology and green investment and financing for Belt and Road partner countries. Sparking in-depth discussions on the new paths of climate-resilient urban construction and urban green development, the conference saw presentations of successful application cases of negative ions in urban ecological construction, as well as the releases of an index and a digital map featuring China's negative ion oxygen bar cities. The map, visualizing real-time monitoring data and distribution of negative ion oxygen bar cities across the country, can provide references for both cities' tourism promotion and people's travel decisions. In 2022, 23 localities in China were approved for climate investment and financing pilot, four of which shared their experience during the event. Among them, Nansha District in the southern city of Guangzhou is striving to build an international climate finance center, promoting development of green industries by connecting domestic and foreign financial resources through climate investment and financing projects. The event showcased outstanding practical achievements of local governments in addressing climate change and promoting green and low-carbon development, offering valuable experience for other regions. With guests sharing practical experience and technological innovation achievements in green power, pollution reduction and carbon reduction, the conference prompted discussions on how finance can empower green technology innovation and application. The event also included an expo on climate-friendly enterprises and technologies, as well as the signings of multiple cooperation projects related to green power trading, green financial services and others. Original link: https://en.imsilkroad.com/p/343557.html
ABU DHABI, UAE, Dec. 12, 2024 /PRNewswire/ -- ADGM, the international financial centre (IFC) of Abu Dhabi, in partnership with Global Climate Finance Centre (GCFC), HSBC and Smartenergy, today hosted the 7th edition of the Abu Dhabi Sustainable Finance Forum (ADSFF) to round off Abu Dhabi Finance Week (ADFW). Marking exactly one year since the end of COP28 and just weeks after COP29, ADSFF underscored its strong commitment to covering critical conversations on sustainable financial development, providing an interactive and global platform for discussions on regulation, awareness and collaboration. This year's ADSFF involved strategic and high-level discussions on achieving not just the UAE's net-zero ambitions, but also contributing to the world's transition to a sustainable future, further positioning Abu Dhabi and ADGM as leaders in building a long-term momentum for sustainable finance. Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of the UAE Independent Climate Change Accelerators, delivered a keynote address, emphasising the UAE's leadership role in climate action and the need for collaborative approaches to effectively address environmental challenges through blended finance. H.E. Majid Al Suwaidi, CEO of Alterra, led an insightful fireside chat with the CEO of GCFC, Mercedes Vela Monserrate on the launch of the world's largest climate fund, its progress to date and how it is mobilizing capital alongside its partners in the session, 'Catalysing the Future: Abu Dhabi's Bold Vision to Become A Global Climate Finance Hub'. The ADSFF agenda also explored a range of pressing topics in sustainable finance and environmental governance. A notable session was a keynote speech from Carme Artigas Brugal, Co-Chair of the AI Advisory Body at the United Nations, where she highlighted the UN's advancements in setting international rules for AI. Artigas, who leads the initiative for establishing a global rulebook on AI cooperation, highlighted AI's potential to address global challenges, emphasising the importance of integrating ethical considerations alongside the pursuit of Sustainable Development Goals. In his welcome address, Emmanuel Givanakis, CEO of the Financial Services Regulatory Authority at ADGM, highlighted ADGM's initiatives on sustainable finance, reiterating its strategic mission to be a catalyst in the Capital of Green Capital. Givanakis said, "At ADGM, we position ourselves as a key driver in the UAE's path towards achieving net-zero emissions by 2050, offering an ecosystem supported by a comprehensive regulatory framework that promotes sustainable finance and climate transition. We also encourage public and private sectors to collaborate in bridging the green financing gap, accelerating the transition to net-zero, and shaping the sustainable financial landscape of the future." "The success of ADSFF is a testament to its relevance in driving knowledge, providing insights and building partnerships in the financial sector role to tackle climate change," he remarked. Senior representatives of the global banking group, HSBC, highlighted the current global climate economy and shared HSBC's strategies to mobilise finance and promote innovation that aligns with science-based targets to limit global temperature rises to 1.5°C. In a panel discussion on impactful investing, panellists Fabrice Dumonteil – Chairman & CEO of Eiffel Investment Group, Jérôme de Bontin – Partner at Capricorn Investment Group, Jonathan Dean – Head of Impact Private Equity Fund Management at AXA IM Alts and Ewa Jackson, – Managing Director and Head of Climate Product at Apollo Global Management examined how private capital flows into environmentally beneficial projects and questioned the current ecosystem's effectiveness in creating measurable impact. Carbon markets and their evolution were also a major focus, with experts from Climate Finance Partners, the Financial Services Regulatory Authority (FRSA) of ADGM, Offset8 Capital and GIGATONS addressing the possible use of carbon credits as a means to finance climate change and achieve national targets. Renewable energy, another key topic, discussed the International Energy Association's (IEA) prediction of accelerated growth in renewables over the next five years. Experts from Smartenergy, Hudson Sustainable Group, Stonepeak and Vortex Energy shared insights into emerging opportunities in renewable markets ADSFF also witnessed 44 new signatories for the Abu Dhabi Sustainable Finance Declaration, a platform for the signatories to engage directly with ADGM, and to collaborate on best practices, innovative solutions and commercial offerings within sustainability. With this addition, the total number of members who signed the declaration has grown to 160 signatories. The Women in Finance conference was another significant event to mark the last day of ADSFF. It gathered highly accomplished women in the financial sector such as Martina Strong – Ambassador of the Embassy of the United States of America to the UAE, Dr. Alyazia Al Kuwaiti - Executive Director – UAE Industries at Mubadala Investment Company, Madiha Sattar - MD, Growth Ventures Partner at BNY, Amna Ajmal – EVP of Mastercard and Rania Fathallah - Managing Director - Private Credit at Franklin Templeton who delivered inspirational speeches and fostered meaningful connections.
MADRID, Dec. 12, 2024 /PRNewswire/ -- The global leader in smart photovoltaic and energy storage solutions Trinasolar and the Spanish group ReTree, which is dedicated to fighting deforestation, have joined forces in Spain in a program to protect biodiversity and promote the absorption of carbon emissions. In the program, which is named Trina Forest, 1,500 trees will be planted over three years in Sierra Norte de Madrid and Teruel, Vértice del Frío. At the same time, ReTree will provide team-building reforestation activities for Trinasolar employees, the services of digitalization and monitoring of the planted trees. Trinasolar staff in the Trina Forest project. The first 500 trees have already been planted in Madrid and in Teruel, with staff of Trinasolar and volunteers being on hand for the planting. ReTree had suggested that Vértice del Frío was ripe for reforestation because it is at high risk of desertification and soil degradation. It is hoped that within a few years, with the help of the newly planted trees, the affected lands will enjoy the benefits of regeneration and will be rich in biodiversity. Through the program, 14,016 square meters of degraded soil will be regenerated, and it is estimated that 44,358 kilograms of CO2 will be offset. The 1,500 trees will also nurture the soil with 9,515 liters of water. Biodiversity is a critical factor in considering when choosing what kind of trees to plant. For Trina Forest, priority is being given to native species to preserve and maintain the biodiversity of each area. In addition, once the trees are planted, real time carbon dioxide absorption data can be traced by Treegital, ReTree's digitalized monitoring platform. Trinasolar adheres to the sustainability vision of "Solar Energy for All", and builds a unique Trinasolar sustainability management culture. The company has committed to achieve carbon neutrality at global organization by 2030 covering the dimensions of net-zero operation, net-zero supply chain, and net-zero product.
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