Publications & Developments
BlueSky News
The Sovereign Fund of the Gabonese Republic visits Wuhan University
FGIS collaboration development with BSCG, BlueSky Carbon News, September 12th, 2024
On September 7th, 2024, the Gabonese delegation, led by Mr. Serge Amissah, Investment Director of the Fonds Gabonais d’Investissements Stratégiques (FGIS), visited the State Key LiDAR Satellite Laboratory at Wuhan University. This visit followed a series of discussions between BlueSky Carbon (BSC) and FGIS regarding a strategic collaboration.
The visit aimed to explore the university’s satellite technology capabilities and assess potential partnerships, particularly in environmental conservation and carbon credit management. The delegation was welcomed by Professor Han, a leading expert in satellite technology at Wuhan University.
ACI Lands in the Republic of Tanzania
The African Carbon Initiative has launched in Tanzania to boost climate resilience through reforestation and carbon capture. Join us in promoting a greener future and sustainable growth, BlueSky Carbon News, July 1st, 2024
BlueSky Carbon is excited to announce the launch of the African Carbon Initiative in the Republic of Tanzania, building on the success of BOM Thailand.
This initiative aims to strengthen Tanzania’s climate resilience through reform, sustainable land management, and effective carbon capture strategies. By aligning with the country’s sustainable development and environmental goals, we are committed to fostering a greener future for Tanzania and its communities.
Join us in making a positive impact on the environment and sustainable practices across the region.
Corporate Agreement Established Between BlueSky Carbon Group and Barommakru Trading Co. Ltd.
Lidar Satellite Operations to commence in the United Republic of Tanzania in the coming months
BlueSky Carbon News, May 13th, 2024
May 12th, 2024, witnessed a significant milestone as BlueSky Carbon Group, an esteemed player in the environmental sector, formally inked a pivotal agreement with BAROMMAKRU TRADING CO. LTD., affectionately referred to as 'BOM,' hailing from the Kingdom of Thailand.
This landmark agreement sets the wheels in motion for the establishment of a vibrant carbon credit market within the United Republic of Tanzania.
The collaboration between BlueSky and BOM heralds a new era of environmental stewardship, as both entities pledge to embark on comprehensive land and spatial endeavors aimed at procuring invaluable carbon data across six distinct nations. This joint effort underscores a shared commitment to combatting climate change and fostering sustainable practices on a global scale."
Climate news to watch in 2024
The world made major progress on climate change in 2023. Here’s what could come next.
Dana Nuccitelli, Yale Climate Connection, January 3rd 2024
The past year broke a plethora of climate and energy records — some bad, but some good.
The year 2023 easily became the hottest year on record. Although climate scientists can’t yet explain precisely why the year was so hot, long-term human-caused global warming and natural variability both played roles in breaking the record. And the past nine years have been the nine hottest on record.
Climate-warming pollution from human fossil-fuel combustion also set a record in 2023, pushing levels of heat-trapping carbon dioxide up to an annual average of nearly 420 parts per million in the atmosphere. A new study published in December 2023 estimated that carbon dioxide levels have not been this high since about 14 million years ago. And a new National Climate Assessment documented how the resulting climate changes are affecting every region of the United States, reporting that the country’s emissions are declining, but too slowly.
Despite all that bad news, many countries are making progress toward reducing their climate pollution, and the outlook for 2024 is encouraging. In fact, 2023 may turn out to be the year in which global heat-trapping pollution peaked and began to decline.
The progress made on climate change in 2023
Democrats in 2022 passed the Inflation Reduction Act, which is designed to give a massive boost to clean technology like solar panels, heat pumps, induction stoves, and electric vehicles.
Although the clean technology investments were only starting to be deployed in 2023, U.S. climate pollution fell by about 2-3% compared to the previous year and is now 18-19% below 2005 levels.
Climate pollution in the European Union improved even more, declining by about 6-7% in 2023 as the member nations accelerated their clean energy deployments — in part to reduce their reliance on fossil fuels sourced from Russia.Those reductions were offset by emissions increases in China and India. Much of China’s rise in climate pollution this year can be attributed to the rebound associated with the end of its “zero-COVID-19” policy in January 2023.
But many clean technologies have also seen record growth in 2023, especially in China. Solar panel deployments broke the previous record set last year by over 50%, with more than half the worldwide total installed in China. Wind turbine, heat pump, and electric vehicle sales likewise set records globally in 2023. And this clean technology progress is expected to continue accelerating in 2024 and beyond.
At the latest international climate meeting in December 2023, 118 governments — 60% of all countries — pledged to triple global renewable energy capacity by 2030. Several key countries joined the Global Methane Pledge, in which 155 governments (80% of all countries) have agreed to cut methane emissions — which heat the atmosphere enormously in the short term — at least 30% by 2030. And for the first time, all countries agreed to transition away from fossil fuels.
The climate change outlook for 2024
Experts believe that if China continues its torrid pace of deploying solar panels and wind turbines, the country could begin to displace its fossil fuel consumption and start a structural decline in carbon pollution in 2024. Much of the rest of the world reduced emissions in 2023, so if China can follow suit in 2024 and the following years, it’s possible that 2023 will become the year in which global climate pollution peaked.In the United States, the financial incentives passed in the Inflation Reduction Act should continue to accelerate the deployment of clean technologies, and so the country’s climate pollution should continue to decline.
State energy offices will begin to roll out the law’s upfront rebates for homeowners to electrify and make their homes more energy efficient toward the middle of 2024.
The Inflation Reduction Act’s tax credits for new and used electric vehicles are transferrable to car dealerships as of January 2024, meaning that they will effectively become upfront discounts subtracted from vehicle sticker prices. Congress is to negotiate the renewal of the Farm Bill this year, which is expected to include funding for natural climate solutions.
Congressional lawmakers are also expected to continue to negotiate a permitting reform deal to expedite the deployment of energy infrastructure. And of course, the next federal election on November 5 will be critical in determining U.S. climate policies and pollution in the coming years.If Republicans sweep the November elections and take control of Congress and the White House, we can expect a replay of what happened the last time that scenario came to fruition in 2017.
The Trump administration rolled back more than 100 climate and environmental rules, climate policy took a back seat in Congress, and U.S. climate pollution increased until the COVID pandemic hit in late 2019.
If Democrats sweep the elections, we can expect a similar outcome to what happened when that party had full control of government in 2021-2022. Climate policy was treated as a top priority, and the biggest-ever climate bill was signed into law in the form of the Inflation Reduction Act.
If the government remains divided after the election, then the current policy environment will likely continue next year, in which leaders of both parties seek to find modest bipartisan climate bills on which they can agree.Although the ongoing El Niño event could potentially cause 2024 to break the global temperature record once again, this year could mark a turning point for our energy systems, carbon pollution, and Earth’s climate.
Tuvalu accepts security and climate pact, says Australia’s Pacific minister
Netsy Reed, Guardian US, March 27th 2024
Australia and Tuvalu will go ahead with a security and climate migration pact, after the latter’s new government agreed not to change the deal, Australia’s Pacific minister, Pat Conroy, has told parliament.
The two countries had announced the deal in November, but it was thrown into doubt during an election campaign in the remote Pacific atoll of 11,000 people that is threatened by rising sea levels.
Feleti Teo became prime minister in February after a general election closely watched by Taiwan, China, the US and Australia, amid a geopolitical tussle for influence in the south Pacific. Tuvalu is one of three remaining Pacific allies of Taiwan after Nauru cut ties in February and switched to Beijing.
“The new government of Tuvalu has confirmed its desire to proceed with the Falepili Union,” Conroy said in parliament on Tuesday, as he tabled the deal for ratification. Australia would work closely with Tuvalu to ensure its sovereignty was respected, he added.
“Australia commits to assist Tuvalu in responding to a major natural disaster, a health pandemic, or military aggression. This is predicated on Tuvalu requesting such assistance.”
Tuvalu would mutually agree any third-party security or defence arrangements with Australia, he said. The treaty allows for the migration of 280 people from Tuvalu to Australia each year, while also recognizing Tuvalu’s statehood will continue even if its land is inundated by climate-related sea level rises. Australia’s foreign minister, Penny Wong, said it was “the most significant agreement between Australia and one of its Pacific partners since the agreements for Papua New Guinea’s independence in 1975”.
Tuvalu’s government could not be immediately reached for comment.
Guardian US, Tue 26 Mar 2024 19.42 EDT
BlueSky Carbon @ COP28
Dubai, UAE – Blue Sky Carbon, a pioneering enterprise at the forefront of environmental technology, announces its participation in the upcoming COP28 event in Dubai, December 2023. The company is revolutionizing the field of carbon credit verification through its utilization of the world's most advanced LiDAR satellite systems for scanning and verifying global forest cover and carbon sinks.
Innovative Approach to Carbon Credit Verification
Through this cutting-edge technology, Blue Sky Carbon is ushering in a new era of precision and reliability in carbon credit verification. Collaborating with a growing network of partners across Africa, South America, and the globe, the company is spearheading robust responses to global warming and facilitating environmental repair programs.
Alignment with ITMO Strategy
The ITMO (Internationally Transferred Mitigation Outcomes) strategy, a focal point of the UNFCCC at COP28, presents an ideal platform for Blue Sky Carbon to exhibit its impactful collaborations and technological advancements.
Royal Endorsement and Global Partnerships
Significantly, the technology has garnered the support of influential figures such as His Royal Majesty King Oyo of the Tooro Kingdom and the Queen Mother Best, who are leading advocates for using this space technology to overcome challenges in traditional monitoring methods. This endorsement underscores the potential of Blue Sky Carbon’s technology in revolutionizing environmental conservation efforts not only in Africa but for all tropical regions of the world and beyond.
Educational Initiative at China Pavilion
In collaboration with Professor Gong of the Wuhan University Lidar Institute, Blue Sky Carbon will participate in educational sessions at the China Pavilion, alongside Her Excellency Ambassador Dr. Amina Mohamad, former Assistant Secretary General of the United nations and the former Deputy Executive Director of UNEP. These sessions will highlight the benefits of LiDAR technology in assessing biological resources with unprecedented speed and accuracy, ensuring the real-time tracking of projects' impacts over time and giving the worlds governments the best in class capacity to improve their carbon offset projects overall.
Global Forest Carbon Registry and International Investment
Aiming to combat deforestation on a global scale, Blue Sky Carbon has also been instrumental in developing the Global Forest Carbon Registry in partnership with the China Construction Bank. This initiative fosters a fertile environment for international investors to engage with the
burgeoning ITMO program, facilitating government-to-government trades and amplifying efforts to build a safer, cleaner world for future generations.
Innovative Sustainable Seed Pucks: A Leap in Reforestation Efforts
In addition to its technological strides, Blue Sky Carbon is set to unveil another groundbreaking initiative at COP28 – a practical and sustainable tree planting solution in the form of seed pucks. These innovative pucks are made from invasive lake weeds, which, when removed, contribute to the restoration of lake ecologies in tropical regions. This dual-purpose approach not only aids in improving aquatic environments but also provides an efficient substrate for mass reforestation. These pre-seeded pucks are poised to revolutionize tree planting campaigns, significantly increasing the speed and efficiency of reforestation efforts. This initiative represents Blue Sky Carbon's commitment to ecological innovation, offering a tangible, scalable solution to one of the most pressing environmental challenges – deforestation. This approach exemplifies the company's dedication to creating synergistic solutions that benefit both the environment and the communities involved, further cementing its role as a leader in sustainable environmental practices.
September 23rd 2023
CEO of BlueSky Carbon appointed as an United Nations Peace Ambassador
We are honoured to announce that our Chief Executive Officer of BlueSky Carbon has been appointed as an United Nations Peace Ambassador of a subsidiary to ECOSOC, our CEO and our entire team is proud to continue our fight against climate change and our efforts to improve the livelihoods of mankind.
The Development of Global Forest Carbon Registry (GFCR)
September 7th 2023
BlueSky Carbon in co-operation with the Digital Currency Department of the China Construction Bank (SSE: 601939) are developing the worlds first ITMO accounting, tracking & trading platform. The prototype will be launched at our pavilion during the United Nations Framework Conference on Climate Change (COP28) this year in Dubai, UAE.
BlueSky Carbon Specialist as Lead Keynote Speaker at the China National Climate Change Conference
April 18th 2023
Lead Carbon Market Specialist of BlueSky Carbon Cooper Meng speaks at the China National Climate Change Conference. Mr. Meng describes the benefits of the Paris Agreement and the importance of the introduction of ITMOs as a part of the fight against climate change.
Director of BlueSky Carbon appointed as an United Nations Peace Ambassador
March 23rd 2023
We are honoured to announce that our Chief Operating Officer of BlueSky Carbon has been appointed as an United Nations Peace Ambassador of a subsidiary to ECOSOC, our COO his excellency Aaron Elton has been granted the ambassadorship for his 18 years of contribution towards R&D project on sustainable agriculture in East Africa.
Press Release of the "African Carbon Initiative" (ACI)
February 15th 2023
Along with BlueSky Carbon's partner, the International University of East Africa (IUEA), the establishment of the Pan African Carbon Consortium which will be lead by IUEA was launched following a press release. Members of the government, Unites Nations as well as local media attended the ceremony. The goals of ACI is to create awareness and management of ITMO trading in the African region according to Article 6.2 and 6.4 of the Paris Agreement.