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In the dynamic world of oil and liquefied natural gas (LNG) trading, one of the hottest new products is the carbon-neutral transaction. Designed to make oil and LNG more competitive environmentally with renewable energy in response to environmental, social and corporate governance (ESG) pressures, climate change and the decarbonization megatrend, carbon-neutral oil and carbon-neutral LNG provide for the offset of the greenhouse gas (GHG) emissions associated with a defined set of oil or LNG activities. A carbon-neutral oil or LNG transaction is effected through terms in the underlying transaction documents that govern the sourcing, purchase and retirement of carbon credits as offset units (COUs).
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Bboxx and Trafigura to accelerate progress on UN SDG 7 in Africa
February 4, 2021 GMT
Bboxx LPG clean cooking customer (Photo: Bboxx)
LONDON & SINGAPORE (BUSINESS WIRE) Feb 4, 2021
Bboxx, a next generation utility, is partnering with Trafigura, one of the world’s leading independent commodity trading companies, to accelerate progress on meeting United Nations Sustainable Development Goal 7 (UN SDG 7) – clean energy for all – in Africa.
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Bboxx LPG clean cooking customer (Photo: Bboxx)
Bboxx manufactures, distributes and finances decentralised solar powered systems in developing countries, operating across Africa and Asia, and in the ten years since Bboxx was founded, it has positively impacted over one million people through clean energy. Trafigura’s minority equity investment comes as Bboxx embarks on the next phase of its growth and accelerates its clean cookin
Bboxx And Trafigura: Bboxx and Trafigura to accelerate progress on UN SDG 7 in Africa
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210204005113/en/
Bboxx LPG clean cooking customer (Photo: Bboxx)
Bboxx manufactures, distributes and finances decentralised solar powered systems in developing countries, operating across Africa and Asia, and in the ten years since Bboxx was founded, it has positively impacted over one million people through clean energy. Trafigura s minority equity investment comes as Bboxx embarks on the next phase of its growth and accelerates its clean cooking commitments a key part of tackling energy poverty and meeting UN SDG 7.
This story is part of Oceans 21
Our series on the global ocean opened with five in-depth profiles. Look out for new articles on the state of our oceans in the lead up to the UN’s next climate conference, COP26. The series is brought to you by The Conversation’s international network.
People continue to carelessly develop and destroy the world’s biggest ecosystem. Ocean conservation is not just essential to safeguard biodiversity, but by protecting the ocean we also protect ourselves. SDG 14: Conserve and sustainably use the oceans, seas and marine resources for sustainable development. (United Nations)
As the ocean deteriorates under climate change, our communities are also at risk. For some, this could mean watching special coastal places, including their homes, wash away as storms intensify. For others, this could mean losing the fish that support livelihoods.
January 25, 2021
Buried beneath the dour daily headlines on COVID-19 infections, lockdowns and travel bans, the latest science about our planet released during 2020 makes for tough reading. Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climate change sadly has not slowed down this past year.
We have only until 2030 to get things on track for a net-zero and nature-positive economy this should sharpen our minds for action. Unfortunately, as the economic effects of COVID-19 cause government debts to rise sharply, there is now much less public money available for activities such as climate protection or ecosystem restoration this should sharpen our appetite for innovation.