The project from NTT Group and ClimateForce will utilize technology and predictive analysis to evaluate and implement organic reforestation techniques in the the Daintree Rainforest.
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MIT researchers take a look at how the country’s workers are being impacted by a move to clean energy and programs through legislation such as the Inflation Reduction Act.
With the new fund, Brookfield aims to achieve a larger fundraiser than its first financing round, which closed at $15 billion in June 2022 and became the largest fund of its kind in the world.
The $1.59 billion investment will help make sustainable upgrades for the transport sector in Kazakhstan, the Kyrgyz Republic, and Uzbekistan.
The company says it reached the milestone with work on 10 different engines with its joint venture partners after beginning testing SAF with the engine models in 2016.
The information comes as discussions on the role of fossil fuels in international net-zero goals ramps up at the UN climate conference in the UAE.
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Shipping Sector Faces ‘Significant Decarbonization Challenges’: Few Alternative Fuel Options, High Costs
According to a recent report from Sustainable Fitch, maritime shipping is struggling to decarbonize as alternative fuel options are reportedly economically unviable and remain in early stages of development.
The flight aims to prove the SAF’s viability as an option for decarbonizing air travel, but major government and private investment will reportedly be required to scale production toward meeting net-zero targets.
Bezos Earth Fund Invests $30 Million to Restore Longleaf Pine Forests, Northern Great Plains Grasslands
The money will provide support to an estimated 30 local groups through NFWF’s Longleaf Landscape Stewardship Fund and the Northern Great Plains Program to restore and manage nearly a million acres of forests and grasslands.