Day: February 6, 2024

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Mundo Verde Climate Leads Groundbreaking Transaction in the Global Voluntary Carbon Market

Deal reaffirms Mundo Verde Climate’s role as a leading global provider of carbon credits and helps to stimulate the voluntary market, which is set for a resurgence following COP28.

Geneva, Feb. 05, 2024 (GLOBE NEWSWIRE) — Mundo Verde Climate, a global player in climate finance and climate change risk management advisory, announced its pivotal role in one of the most significant transactions of 2023 within the global voluntary carbon market. The company, dedicated to forging a sustainable future for generations, continues to champion green technologies and nature-based solutions in the race to Net Zero.

In a significant stride towards achieving this goal, Mundo Verde Climate has entered into a strategic arrangement with Biotrend Enerji, the most prominent player in the Turkish integrated waste management, waste-to-energy and circular plastics market. This collaboration marks a milestone in the pursuit of mobilizing finance towards new climate change mitigation technologies.

Mundo Verde Climate took an instrumental role in developing the voluntary carbon units from Biotrend’s waste to energy activities through a certification and verification process under VERRA.  The transaction, covering over 2.4 million tons of CO2 in total, refers to voluntary carbon credits for release on the international market. Companies can acquire the credits to offset their emissions from unrelated activities.

The deal promises to impact the global voluntary carbon market substantially. Mundo Verde Climate, together with Biotrend, hopes that the initiative will provide much-needed carbon credits to satisfy demand in the voluntary offsetting market and inspire others to advance their projects and stimulate the market.

Reflecting on the efforts of governments at COP 28 to invigorate the global trade in voluntary carbon credits, Ms Gediz Kaya, Managing Partner at Mundo Verde Climate, expressed enthusiasm about the Biotrend arrangement, stating:

“According to Climate Policy Initiative, the amount of financing needed to be mobilized towards climate mitigation technologies by 2030 is $4.3 trillion annually and 21% of that finance is mobilized right now. So we need to take action and we need to decarbonize as fast as possible. This collaboration exemplifies our dedication to fostering international cooperation and collaboration of key industries in pricing carbon so that we can mobilize finance in the fight against climate change. By joining forces with Biotrend, we aim to catalyse transformative change and encourage companies in the energy sector, and other industries, to adopt a sustainable approach to managing their emissions.”

The COP28 summit in the United Arab Emirates discussed a number of important factors related to standards and integrity around carbon crediting and recognized the important role of voluntary carbon markets in addressing climate change. Mundo Verde Climate underscores the urgency of global collaboration to address climate challenges and calls for renewed efforts, partnerships, and commitments to mobilize finance. This is vital for accelerating the transition to a low-carbon economy.

Biotrend made a related public disclosure about certified carbon crediting on 8 November 2023, in its 9-month financial statement.

Attachments

Mundo Verde Climate
[email protected]

GlobeNewswire Distribution ID 9032182

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Leaders in Luxury: Automobili Pininfarina Recognised With Three International Awards

B95

B95 by Automobili Pininfarina

  • Automobili Pininfarina begins 2024 with multiple award wins for its design
  • PURA Vision awarded Silver in Conceptual Products / Automotive & Transport Product Design category at The International Design Awards
  • Automobili Pininfarina named ‘Luxury Electric Performance Car Manufacturer of the Year 2024’ by LUXlife Magazine
  • Battista Edizione Nino Farina crowned Best Electric Hypercar at Robb Report Monaco & Côte d’Azur Car of the Year 2024
  • Full suite of assets to support the news can be found here

CAMBIANO, Italy, Feb. 06, 2024 (GLOBE NEWSWIRE) — Automobili Pininfarina has kicked off 2024 with three award wins, as it continues to build on the success of a record-breaking previous year.

LUXlife Magazine named Automobili Pininfarina ‘Luxury Electric Performance Car Manufacturer of the Year 2024’ at its annual awards.

Celebrating the unparalleled achievements and exceptional creativity in the realm of luxury, LUXlife awards honour the leaders and pioneers who redefine excellence within the industry, setting higher standards of sophistication and elegance. Automobili Pininfarina was a winner within the ‘Leaders in Luxury’ category.

This was followed by another win for the PURA Vision design concept, which was awarded Silver in Conceptual Products / Automotive & Transport Product Design at the 2024 International Design Awards.

Battista Edizione Nino Farina

Battista Edizione Nino Farina by Automobili Pininfarina

PURA Vision represents the beginning of what promises to be a groundbreaking era for electric luxury vehicles and was penned by Chief Design Officer, Dave Amantea. It was unveiled at 2023 Monterey Car Week.

Dave Amantea, Chief Design Officer, commented: “Our PURA design philosophy is all about simplicity and timeless beauty, which is designed into every Automobili Pininfarina model. The elegant silhouette and dramatic proportions express this language on PURA Vision, envisioned here as a first-of-its-kind electric Luxury Utility Vehicle (e-LUV).”

The principles of the PURA philosophy, established by Automobili Pininfarina, transform the DNA of iconic models from Pininfarina SpA’s past to define the future, balancing inspiration from iconic classic cars with futuristic elements.

Inspired by classic proportions and exquisite detailing, PURA Vision presents an elegant silhouette with bold cab-rear proportions that combine timeless beauty with exquisite detailing to create a dynamic identity with unmistakable presence. Show-stopping features include its narrow glasshouse and tri-opening pillarless doors, which provide supreme access to its sophisticated cabin.

PURA Vision design concept

PURA Vision by Automobili Pininfarina

Most recently, the Automobili Pininfarina Battista Edizione Nino Farina was named Best Electric Hypercar at Robb Report Monaco & Côte d’Azur Car of the Year 2024. Introduced at the 2023 Goodwood Festival of Speed, it is a tribute to racing legend Nino Farina – nephew of company founder Battista ‘Pinin’ Farina and the first Formula One World Champion.

Each of the five unique examples features an exquisite detail that references a different milestone in Nino’s racing career. Finished in a bespoke Rosso Nino paint complemented by a special livery on the lower body, finished in Bianco Sestriere and Iconica Blu, the exterior design is completed by the Satin Gold 10-spoke forged aluminium Glorioso alloy wheels.

Press Contacts

Duncan Forrester
Chief Communications Officer
(M) +49 (0) 171 265 4094
d.forrester@automobili-pininfarina.com		 Akira Shinonuma
Communications Manager
(M) +49 (0) 1511 0949270
a.shinonuma@automobili-pininfarina.com

FOR MORE INFORMATION, VISIT
https://automobili-pininfarina.com/media-hub

EDITOR’S NOTES

ABOUT AUTOMOBILI PININFARINA
Automobili Pininfarina is based in operational headquarters in Munich, Germany, with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered and produced by hand in Italy, the Battista hyper GT and all future models will be sold in all major global markets under the brand name Pininfarina. The company aims to design experiences for the world’s foremost taste makers. Automobili Pininfarina GmbH is a 100 per cent Mahindra & Mahindra Ltd investment following the signing of a trademark licence agreement between Pininfarina S.p.A. and Mahindra & Mahindra Ltd. Pininfarina S.p.A. has an influential role in supporting design and production capacities based on its unique 94-year experience of producing many of the world’s most iconic cars.

Photos accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/666e6473-ad48-44a4-b8b4-63370c5905ba
https://www.globenewswire.com/NewsRoom/AttachmentNg/4e3f2da6-e216-479c-97fd-4f672a1d3e87
https://www.globenewswire.com/NewsRoom/AttachmentNg/5528a50f-f9b1-44f9-8a6f-86535076509

GlobeNewswire Distribution ID 1000912151

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NFA leagues resume Friday


OPUWO: The Namibia Football Association (NFA) has declared the resumption of all football league activities, two days after they were cancelled due to President Hage Geingob’s death in Windhoek on Sunday.

Cassius Moetie, NFA Marketing and Communication Manager, in a statement on Monday said the games scheduled for this weekend will go as planned.

‘The NFA wishes to inform the public and all football lovers that it has resolved to resume the league fixtures for the weekend of 09 to 11 February 2024,’ he said.

Moetie further said during the period of national mourning, tributes will be paid to the late president at all Premier League games.

‘For all games, players and staff will wear black armbands to express the NFA’s condolences and heartfelt sympathy to the entire Namibian nation for the passing of the former football patron, while a minute’s silence will be observed before games to show appreciation for the late Geingob’s reign,’ Moetie said.

Speaking to Nampa on Tuesday, Debmarine Namibia Football Lea
gue director Johannes Mabos Vries confirmed that the league will continue with rounds 18 and 19 on Friday and Sunday.

He stated that the scheduled Round 17 fixtures, which were slated to take place on Sunday, 04 February 2024 but were postponed due to the president’s untimely death, will not be honoured. Vries stated that the date for the Round 17 fixtures would be announced in due time.

On Thursday, Khomas NamPol FC will meet relegation-threatened Orlando Pirates FC, who are currently led by former Matebele FC coach Woody Jacobs, at the Independence Stadium in Windhoek.

UNAM FC will take on Okahandja United at UNAM Stadium on Friday.

On Saturday, Tigers FC will play Ongos FC at UNAM Stadium, while Life Fighters FC will host coastal outfit Blue Waters at Mokati Stadium in Otjiwarongo.

Northern pride Eeshoke Chula Chula will play Julinho Sporting at the Oshakati Independence Stadium, while Okakarara Young Warriors will host Mighty Gunners at the Omulunga Stadium in Grootfontein. In the south, Young Brazil
ians will meet reigning champions African Stars.

Civics will face Young Africans at UNAM Stadium.

The Round 19 matchups for Sunday will feature Life Fighters against Okahandja United, Blue Waters against UNAM, and Mighty Gunners vs Julinho Sporting.

Okakarara Young Warriors will face Eeshoke Chula Chula in a battle of the underdogs.

Khomas NamPol will face African Stars FC for the top place, while Young Brazilians will host Orlando Pirates. Tigers will host Young African in Windhoek, while Civics will play Ongos FC at UNAM Stadium.

Source: The Namibia Press Agency

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FFF donates school uniforms worth over N.dollars 100 000


OPUWO: The Frank Fredericks Foundation (FFF) reinforced its commitment to school development in Namibia this week by donating school uniforms to nine schools as part of its ‘back-to-school initiative’ valued at N.dollars 100 000.

Among the schools that benefited from the project is Opuwo Junior Primary School (OJPS) in the Kunene district, where 10 pupils received uniforms valued at N.dollars 10 000.

The donation event at OJPS took place on Tuesday, and other schools are expected to receive their donations over the course of the week.

Suama Shingenge, Frank Fredericks Foundation Public Relations Officer, remarked in a statement read on her behalf at the donation ceremony that the foundation has been a beacon of hope and support for young Namibian athletes because of its founder, Frank Fredericks’ vision.

According to Shingenge, returning to their roots demonstrates their real commitment to the people they serve. Shingenge added that the giving of uniforms is more than just providing clothing, as it is als
o a statement of optimism, encouragement and the awareness that someone believes in their abilities.

‘Today, as we donate school uniforms to these young minds, we are not merely providing them with clothing; we are offering them as a gesture that goes beyond material assistance. It is a reminder that, with a helping hand, dreams can be realised and goals can be achieved,’ she said.

Shingenge emphasised the importance of education in unlocking one’s full potential. According to her, initiatives like these strive to make ambitions feasible for all young Namibians, similar to how Frank Fredericks was able to achieve his own.

The school’s principal, Albert Tjiuma, expressed gratitude for the donation, noting that they consider themselves privileged because the donation has provided joy to all those who have benefited.

Shinime Shiimvula Primary School (Ondangwa), PJ TsaiTsaib Combined School (Mariental), Krolein Primary School (Keetmanshoop), Fidel Castro Ruz, Elim, Saint Andrews and Hillside Primary Schools,
all in Windhoek, also benefited from the donation.

Source: The Namibia Press Agency

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Namibia to take part in Mining Indaba 2024


WINDHOEK: Deputy Executive Director in the Ministry of Mines and Energy, Gloria Simubali has led a delegation to the ‘Investing in African Mining Indaba 2024’, which commenced in Cape Town, South Africa on Monday.

A media statement availed by the Ministry of Mines and Energy said Namibia will during the indaba showcase the opportunities the country presents in the mining sector to a global audience of foremost thinkers in mining.

Namibia’s rich mineral resources and recent resource discoveries make it a hotspot for renewable energy development and a top choice for mining investment.

‘The Namibian mining sector plays a significant role in the economy, accounting for about 12.2 per cent to the country’s Gross Domestic Product (GDP) in 2022, or no less than 14.3 per cent when minerals processing and beneficiation are considered,’ it read.

The statement further said the delegation will promote Namibia’s investment prospects in the mining sector and related industries through a series of Business-to-Business (
B2B) and Business to Government (B2G) meetings, as well as a country showcase panel discussion focusing on critical raw materials development and local value addition in the Namibian context.

The Mining Indaba is expected to allow Namibia to showcase its potential amongst other mining countries.

The delegation further consists of government and public sector officials, the Namibian Chamber of Mines, representatives from mining houses and other private sector players and will be participating under the theme ‘Namibia: Taking the bold steps to sustainable mining: shaping a green tomorrow’.

It ends on Thursday.

Source: The Namibia Press Agency

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Fishing company donates brickmaking equipment


Omulenge Fisheries has handed over brickmaking equipment worth about N.dollars 60 000 to the youth forum of the Okaku Constituency.

The forum then identified the Iitanga village site where the brickmaking project will be stationed.

Omulenge board member Jesaya Mutota said they are prepared to assist the people of Iitanga village with all the necessary support.

Mutota stated that the donation is part of their social corporate responsibility of ensuring that they empower the disadvantaged people in their community.

‘We recognise that the natural resources of the land belongs to all Namibians, and this is why we are here, and this handover therefore must not be regarded as a donation, but rather as a dividend declaration to you the youth of Iitanga village,’ he said.

He added that these are the fruits of the natural resources of their country, and they owe it to their forefathers for making this possible.

Mutota explained that Omulenge Fisheries is a 100 per cent Namibian company, with 13 shareholders comi
ng from previously disadvantaged groups, including people from marginalised communities, veterans of the liberation struggle and people living with disabilities.

Mutota indicated that their shareholding structure covers about 57 per cent of the 14 regions, having shareholders in the Oshana, Oshikoto, Ohangwena, Omusati, Kunene, Otjozondjupa and Khomas regions.

In his acceptance speech, Oshana Governor Elia Irimari expressed his gratitude to Omulenge Fisheries for the donation, saying it will go a long way in empowering the youth in the region.

Irimari indicated that it is his hope that the youth make good use of the donation and maximum profit for their own good.

Source: The Namibia Press Agency