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The Forests and Climate Leaders’ Partnership, which will initially comprise of 20 countries, was also launched to halt and reverse forest loss and land degradation by 2030
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It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and cleantech manufacturing
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Under the agreement, Avfuel will also buy one billion gallons of SAF over a 20-year period
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Carbon8, a spin-out from the University of Greenwich in London, has developed and commercialised a technology that combines industrial residues with captured carbon emissions to produce high-value minerals
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The government will work together with the private sector to significantly reduce carbon emissions and set a pathway towards reaching net zero by 2050
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It intends to finance and facilitate a wide array of climate solutions, including renewable energy, clean technology, water conservation, green buildings and sustainable agriculture and land use
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It plans to manufacture around two million cells per year, accounting for an electrical capacity of 50MW
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The Clean Growth Fund will support companies seeking to commercialise ‘promising innovative’ green solutions
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