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.

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media@mv-climate.com

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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.

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No security threats since swearing in of President Mbumba: Shikongo


WINDHOEK: The Inspector General (IG) of the Namibian Police Force, Lieutenant General Joseph Shikongo has said there have not been any security threats since the swearing in of former Vice President Nangolo Mbumba as President of Namibia.

Mbumba was sworn in as the fourth President of Namibia, following the death of President Hage Geingob early on Sunday. International Relations Minister Netumbo Nandi-Ndaitwah was sworn in as Vice President.

Shikongo in an interview with Nampa on Monday said Namibia is not at risk of security threats as the country is known for its democratic system.

‘I don’t think any Namibian is thinking of a change of government by unconstitutional means. As inspector general I am in constant communication with my colleagues, the Chief of Defence, the Commissioner General of the Namibian Correctional Service, and the Director of the Namibia Central Intelligence Service. As of now, there’s no need for panic,’ he said.

Other countries, he said, are commending Namibia for not allowing a l
eadership vacuum, saying that in some countries people would be fighting, resulting in impairment in the security sector.

‘The beefing up of security is automatic as the current president is entitled to security, as well as the vice president. Our visiting dignitaries have nothing to worry about, we are ready to serve them and we are monitoring every situation,’ he said.

Shikongo went on to reveal that he was also appointed to serve on the preparatory committee for the funeral arrangements, chaired by Prime Minister Saara Kuugongelwa-Amadhila, and gave his assurance that the police are prepared to receive and protect international dignitaries travelling to Namibia for the funeral of the late Geingob.

A directive to senior executives in the police force, including regional commanders to not apply for leave until after Geingob’s funeral, has also been issued.

‘Those are the only activities put on hold, otherwise our operations are still going on. Members who are transporting food for inmates to different to
wns are still travelling, regional operations are not suspended,’ he noted.

Source: The Namibia Press Agency

Namibians have a responsibility to build Namibia in unity: Nandi-Ndaitwah


WINDHOEK: Vice President Netumbo Nandi-Ndaitwah has said Namibians have a responsibility to build the country in unity and through transparency to achieve efficiency as emphasised by the late President Hage Geingob.

Joining mourners at Geingob’s residence in Windhoek Monday night, Nandi-Ndaitwah said Geingob believed in the concept of ‘the Namibian House’. She said he left Namibians with the idea of the ‘Namibian House’, and they therefore have a responsibility to build the country, but they have to do so in unity.

Nandi-Ndaitwah was sworn in as vice president following Geingob’s death on Sunday.

She further said the Swapo party politburo has lost a leader who guided the party in many difficult times and issues.

‘Our commitment to him is to pay homage and maintain his legacy to make sure that this party which he built up from the early stages up to the last day, remains strong and of course to guide the government in prosperity and in order in the Namibian house,’ she said.

Reminiscing about her time wit
h Geingob, Nandi-Ndaitwah said she met him in 1974 when he accommodated her along with three other young women in his apartment in the United States of America (USA). She said they enjoyed a close relationship since and Geingob remained the same person throughout.

She recalled that it was during her times with Geingob in the USA that they learned how to navigate the corridors of the United Nations and handle the international community.

‘One thing he emphasised was reading, listening and always taking notes. That was really empowering to us who were there,’ she said.

Nandi-Ndaitwah also described Geingob as a strategist who believed in processes, systems and institutions functioning in order for issued to be addressed.

Source: The Namibia Press Agency

NFA makes U-turn on league games postponement


The Namibian Football Association (NFA) has reversed its decision to postpone all Namibia Premier League (NPL) games following the death of President Hage Geingob on Sunday.

The NFA’s Marketing and Communication Manager, Cassius Moetie, in a statement said the games will take place this coming weekend as planned, while six of the eight NPL games scheduled for last weekend will also be played on Saturday and Sunday.

‘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.

On Saturday, Ongos FC will face Young Brazilian followed by Young African confronting Khomas Nampol FC. Blue Waters will face Eeshoke Chula Chula in a must-win game after the coastal outfit was humiliated in their backyard by Mighty Gunners FC on Saturday, resulting in a two-nil victory for the Otjiwarongo boys.

Okahandja United FC will host Mighty Gunners FC, while Life Fighters, who lost 2-1 at home to Okakarara Young Warriors on
Saturday, will welcome Rundu’s Julinho Sporting FC to Otjiwarongo.

Okakarara Young Warriors, who are determined to escape relegation, will face the clever boys from Unam FC.

The games between reigning champions African Stars FC and Tigers FC, as well as that of Civics FC and Orlando Pirates, have been called off owing to the unavailability of stadiums.

Moetie further said during the period of national mourning, tributes will be paid to the 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.

Geingob, Namibia’s third president, died on Sunday at the age of 82.

Source: The Namibia Press Agency

Windhoek residents honour Geingob with candlelight vigil


WINDHOEK: Scores of Windhoek residents gathered at the Windhoek Municipality Monday night for a candlelight vigil for the late President Hage Geingob, who passed away on Sunday.

City of Windhoek Mayor, Queen Kamati in her speech called on Windhoek residents to stand united during the mourning period, to honour the late Geingob. She further described Geingob as a visionary, an internationally respected Statesman and a beacon of inspiration on the African continent.

‘As the First Citizen, he was also a resident of Windhoek for many years and a keen participant in the community activities as a dedicated worshipper at the Inner City Lutheran Church and as an avid sports enthusiast. President Geingob was a symbol of unity for our diverse population, who led with steadfast dedication in times of challenge and triumph, to create a better and more inclusive future for all Namibians,’ Kamati said.

She added that Geingob’s vision, integrity, strong democratic principles, and selfless commitment to public service set
a gold standard for leadership that will endure in the annals of Namibian history.

‘As we reflect on his legacy, let us remember his many personal sacrifices and the indelible mark he left on the liberation struggle and subsequent formation of a democratic, peaceful Namibia. Let us continue to share his story with our children, and their children, as we strive to follow in the footsteps of this departed African giant,’ Kamati said.

Source: The Namibia Press Agency

Moment of silence observed for President Geingob at Iitanga village


A moment of silence was observed at Iitanga village in the Okaku Constituency during the handover of brickmaking equipment on Tuesday as a tribute to President Hage Geingob.

Geingob passed away at a hospital in Windhoek in the early hours of Sunday.

Oshana Governor, Elia Irimari, asked for a minute of silence in honour of the late Geingob, describing him as a true son of the soil and a people’s person.

‘President Geingob’s legacy will continue to inspire generations to come, from his efforts in promoting social and economic development, to his commitment to fostering unity and inclusivity,’ he said.

He added that during this difficult time his office offers its support and condolences to former First Lady Monica Geingos, and the entire Geingob family, as well as to all Namibians who mourn the loss of their beloved leader.

Geingob served as Namibia’s Prime Minister from 1990 to 2002 and again from 2012 to 2015.

He also served as Minister of Trade and Industry between 2008 and 2012.

Source: The Namibia
Press Agency