NNPC TO INVEST UP TO $100 MILLION IN MAYINE SUGAR PROJECT IN ADAMAWA

The Nigerian National Petroleum Company has agreed to invest uo to $100

million in the proposed Mayine Sugar Project in Adamawa that is meant to produce ethanol.
The project is in its early stages with technical teams from Nigerian National Petroleum Company and the state Government set to meet to further plan the project. The Government is also open to bringing in more investors into the project. In February, the Government announced a $50 billion equity investment vehicle to promote biofuel production.
source: biofuelsdigest.com

Comments

Post a Comment

Popular posts from this blog

COP 23 TO UNVEIL INNOVATIVE APPROACHES TO MEASUREMENT, REPORTING AND VERIFICATION (MRV)

Image
COP 23 Side-event to showcase innovative approaches to Measurement, Reporting and Verification (MRV) Thursday 9 th  November, 2017 The event  will showcase innovative approaches endorsed by the European Union (EU) to enhance Measuring (and monitoring), Reporting and Verification (MRV) capacity and their engagement in the transparency framework under the Paris Agreement. The side event will provide an overview of three specific projects, emphasizing new solutions which can be accessed and potentially replicated in other contexts: two major EU-funded projects, the  ClimaSouth project  and the Regional implementation of Paris Agreement project (RIPAP), and Information Matters, a project supported by Germany and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). source: europa.eu
Read more

CLIMATE CCHANGE: PAKISTAN LAUNCHES FIRST FOREST MONITORING SYSTEM TO TACKLE CLIMATE CHANGE

Image
  System will help improve conservation and sustainable management of forests The Billion Tree Afforestation Project aims to slow down the effects of global warming in Pakistan. Image Credit: Billion Tree Tsunami Afforestation Project Islamabad: Pakistan has launched its first ever national forest monitoring system to curb illegal deforestation and degradation of land and to mitigate the effects of climate change. The forest monitoring system through satellite data would help the country improve “conservation, sustainable management of forests, enhancement of forest carbon stocks and monitor changes in the forest land use and detect deforestation land degradation activities,” said Prime Minister’s Special Assistant on Climate Change, Malik Amin Aslam. Pakistan loses forests over 27,000 hectares annually which is not only a massive environmental issue but also a major public health crisis. “There has been large-scale deforestation and land degradation in the country over last severa...
Read more

CLIMATE CHANGE: U.S. CLIMATE POLICY LEADERS RELEASE AMAZON FOREST PROTECTION PLAN

Image
A bipartisan group of former U.S. cabinet officials and chief climate negotiators has come together to build support for the Biden-Harris campaign pledge to protect the Amazon rainforests.  The group has offered concrete policy  recommendations  to Congress and Presidential Special Envoy John Kerry, to whom the task of delivering on this promise will fall. The Amazon rainforest The  Climate Principals  include three former cabinet officials and four former State Department chief climate negotiators. Collectively, the group’s members have led U.S. climate diplomacy for all Presidential  administrations  from the 1992 Rio Earth Summit to the 2015 Paris Agreement. This is the first time that such a diverse and  distinguished  bipartisan group has come together to offer concrete international climate policy recommendations for any particular geographic region or economic sector. The Principals include Bruce Babbitt, former Governor of A...
Read more