Browsing: Environment

Qatar Airways, Shell sign record sustainable aviation fuel supply deal

Industry and Trade June 7, 2023

Middle East carrier Qatar Airways will get 3,000 metric tonnes of neat Sustainable Aviation Fuel (SAF) from oil giant Shell.
The contract running through 2023-2024, is part of a wider effort initiated by the Oneworld Alliance.
CEO Al Baker says the airline remains steadfast in its ambitious target of 10 per cent SAF use by 2030.

Middle East carrier Qatar Airways has entered into an agreement to use 5 per cent sustainable aviation fuel (SAF) in a deal with energy giant Shell signed at Amsterdam.

The contract running through the fiscal year 2023-2024, is part of a wider effort initiated by the Oneworld Alliance. The agreement has a set target of using 10 percent sustainable aviation fuel by 2030.

Qatar becomes the first carrier in the Middle East and Africa to procure huge SAF in Europe beyond government mandates. Sustainable aviation fuel offers significant potential for decarbonisation. This is because …

Billions in exports at risk if suppliers don’t cut carbon emissions

Industry and Trade July 16, 2021

Multinational companies will cut suppliers for failing to curb carbon emissions, with 78 per cent of multinationals (MNCs) planning to remove suppliers that endanger their carbon transition plan by 2025.

This is according to a new study by Standard Chartered which says that this could mean a loss in export revenue of USD3.9 billion for Kenyan suppliers who fail to transition alongside their MNC partners. (https://compassionprisonproject.org)

As per the finding, 87 per cent of MNCs with a supply chain in Kenya have set emission reduction targets for their suppliers, asking for an average reduction of 35 per cent by 2025.

Read: Bamburi Cement Parent Company Signs Net Zero Pledge

However, the study also reveals a USD1.6tn market opportunity for suppliers who decarbonise in line with MNC net-zero plans.

According to the Carbon Dated report, which looks at the risks and opportunities for suppliers in emerging and fast-growing markets …

How a Tanzanian youth netted wealth from waste

Premium June 1, 2020

Waste is wealth, at least for a handful of youth who know how to transform garbage into decent money-churning activities. At present Tanzania is growing fast; its cities (such as Dar es Salaam) are recognized by the United Nations and Africa’s biggest lender—the World Bank—as the fastest-growing cities in the region. This means more economic activities expansion, more waste generated hence, the potential for waste recycling business.

That is why Arena Recycling—an environmental-related startup, based in Dar es Salaam (a waste generation hotbed)—is rewriting waste management in Tanzania.

The start-up is one of the few initiatives that work along the waste recycling line. Their efforts—which are executed with utmost ingenuity, tend to offer the best environmental solutions that youth can offer, as the world, and Dar es Salaam being no exception, is faced with unprecedented environmental perils.