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Deforestation is responsible for nearly 15% of global CO₂ emissions. Every year, 10 million hectares of tropical forest are lost – if we do not halt this by 2030, it will be impossible to limit global warming to 1.5°C
Nature-based solutions, including forest conservation and restoration, can provide one-third of the mitigation needed to reach this climate target
Funding for nature-based solutions needs to triple from $133 billion per year today to $400 billion by 2030, to meet climate change and biodiversity targets, with scope for private finance to increase its share of just $18 billion per year, according to the UN
One approach that channels incentives to forest governments and communities to avoid deforestation across entire landscapes – known as “jurisdictional REDD+” – offers companies the opportunity to make significant contributions to preserving the world’s forests while ridding their own supply chains of deforestation

3M is expanding its climate technology portfolio with green hydrogen and low-carbon intensity energy separation solutions

Innovative 3M climate solutions have potential to deliver scalable impact in critical industries
3M demonstrates power of people and science to create a bright future with its Climate Innovation Center exposition during Climate Week NYC (Sept. 20-22)

The desire for efficiency and sustainability characterises the plastics industry and presents it with ever new challenges. How can manufacturing and decoration processes be optimised? Which sustainable raw materials can be used, and with which technologies are industry and consumers approaching the circular economy? All these questions are in focus at K 2022. At the leading international trade fair for the plastics industry from 19 to 26 October 2022 in Düsseldorf, the industry will come together to present its latest solutions.

Huhtamaki and Stora Enso have joined forces to launch a new paper cup recycling initiative, The Cup Collective. The programme, which is the first of its kind in Europe, aims to recycle and capture the value of used paper cups on an industrial scale. Initially the programme will be implemented across the Benelux. With the aim of setting new standards for paper cup collection and recycling in Europe, The Cup Collective has issued an open invitation for partners from across the supply chain to get involved in working towards a systemic European solution.

The European Union Innovation Fund has selected Project Air, a unique production facility for sustainable methanol in Stenungsund, Sweden, as one of 17 large-scale green tech projects to be granted more than EUR 1.8 billion. Project Air, which is a collaboration between Perstorp, Fortum and Uniper, has applied for EUR 97 million and the total investment is expected to amount to more than EUR 230 million.

DOMO Chemicals, a leading producer of engineered polyamide materials, and Hynamics, a 100% subsidiary of EDF Group specializing in the production of low-carbon hydrogen, have entered into a partnership project with the objective of achieving zero-carbon for 100% of the hydrogen used at the Belle-Étoile industrial site, in Saint-Fons (south of Lyon, France), in the heart of the French Vallée de la Chimie (“Chemistry Valley”).

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