MOBILIST Global’s Post

A positive step forward towards #sustainable #development. The UK's MOBILIST Global programme is designed to connect promising ventures on critical sustainable projects with investors by enabling #institutional #capitalflow to organisations tackling development challenges and #climate transition. 

Today marks an exciting close to August with #Singapore pushing ahead on Article 6 efforts to enhance international cooperation across global carbon markets 🌏. 📢 Recent updates ✔ Singapore and Vietnam exchanged a letter of intent after substantively concluding negotiations of a legally binding implementation agreement for carbon credits with corresponding adjustments (https://lnkd.in/gp_pe_tM) ✔Singapore and Sri Lanka signed a MOU to collaborate on a legally binding implementation agreement to develop a framework for carbon credits with corresponding adjustments (https://lnkd.in/gjTStz9P) ✔Singapore and Chile signed a MOU to collaborate on carbon markets and carbon pricing (https://lnkd.in/gag_8BD8) ✔To-date, Singapore has signed similar MOUs or letters of intent with 14 countries. These steps pave the way for Singapore and other countries to voluntarily cooperate with each other to achieve their Nationally Determined Contributions (#NDCs), while ensuring credits are not double-counted when they are transferred or sold internationally. In terms of relevance to #corporates, after these implementation agreements are concluded, #carbontax liable companies in Singapore will be able to surrender eligible carbon credits to offset up to 5 per cent of their taxable emissions from 2024. Last year, Singapore and #Ghana also substantively concluded negotiations on an implementation agreement on carbon credits. Building on this effort, GenZero invested in a land restoration project in Ghana in June, which could mark a first for Singapore if it generates carbon credits with corresponding adjustments under the Singapore-Ghana Implementation Agreement when completed. Ghana provides a conducive environment for 🌳 nature-based restoration projects, with its biologically-diverse #forest ecosystems and productive #agriculture and #agroforestry lands, represented by a mosaic of forest reserves and national parks that are surrounded by farms and fallows. From a governance and policy context, Ghana has also been progressively developing its climate and carbon-related readiness, with a clear Climate Change Policy, comprehensive National #REDD+ Strategy, committed NDCs, and one of the first few countries globally to release a comprehensive Article 6 policy. (https://lnkd.in/gq9cB7Xe) #article6 #carboncredits #implementation #climateimpact

Last week I had the honor of representing the Consulate General of Greece in Malaysia as the Honorary Consul and NEAPOLI as the CEO, at the EU-Malaysia Business Day 2024, a pivotal gathering that underscored Sarawak's commitment towards a green economy. This initiative is remarkably in tandem with the aspirations of European Union nations, a reflection of global unity in sustainability. The drive and insight of HE EU Ambassador to Malaysia Michalis Rokas were truly inspiring, showcasing the impact of EU-assisted green development. This collaboration is a beacon for sustainable progress, demonstrating the power of international partnerships in achieving environmental goals. #GreenEconomy #Sustainability #EU #Sarawak #GlobalCooperation

📺 [𝐄𝐮𝐫𝐨𝐂𝐡𝐚𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐍𝐞𝐰𝐬] 𝐕𝐓𝐕4: "𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐚𝐧 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞" NOTE: Vietnamese-language content. Several EuroCham representatives provided insights into Vietnam's green growth and sustainability efforts. Here are the highlights, in order of their appearance: ✔️ At 6:02, Gabor Fluit, Asia CEO of EuroCham Corporate Partner De Heus, was optimistic about Vietnam's green transformation, noting strong European interest in green investments. ✔️ At 6:16, Stuart Livesey, Co-Chair of our Green Growth Sector Committee, stressed the importance for Vietnamese companies to meet ESG criteria to boost market engagement and attract foreign investment. ✔️ At 9:48, Michel Cassagnes, Chairman of our Construction Sector Committee, emphasized the need for policies that support green architecture and eco-friendly materials to draw FDI. ✔️ At 14:00, Thue Quist Thomasen, EuroCham Board Member, speaking on behalf of EuroCham Corporate Partner Decision Lab, highlighted growing awareness of the environmental impact of plastics and the need for sustainable tourism strategies. ✔️ At 14:43, Mario Mendis, Chairman of our Tourism & Hospitality Sector Committee, pointed to Boracay Island in the Philippines as a model for sustainable tourism that Vietnam could replicate. 👉 To see the coverage, click here: https://lnkd.in/g4NmqA9a JOURNALISTS: Interested in expert perspectives on improving Vietnam's business climate? EuroCham Vietnam offers actionable solutions and unique insights. For interviews, contact Senior Communication Officer Dan Martin at dan.martin@eurochamvn.org. #EuroCham #Vietnam #IntheNews

[Invitation] 𝐁𝐞𝐋𝐮𝐱𝐂𝐡𝐚𝐦 𝐒𝐞𝐦𝐢𝐧𝐚𝐫 𝐢𝐧 𝐇𝐚𝐢 𝐏𝐡𝐨𝐧𝐠 "𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐀𝐬𝐬𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐨𝐥𝐞 𝐨𝐟 𝐄𝐕𝐅𝐓𝐀 𝐚𝐧𝐝 𝐄𝐒𝐆 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦’𝐬 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭" Vietnam stands at a central crossroads in its economic journey. As the country continues to evolve into a dynamic and globally connected market, two critical forces are shaping its future: the European Union-Vietnam Free Trade Agreement (EVFTA) and the principles of Environmental, Social, and Governance (ESG). On the occasion of the 50 years diplomatic relationship between Vietnam and Belgium, and the 20 years celebration of BeluxCham, the embassy, in collaboration with DEEP C Industrial Zones Vietnam and BeLuxCham, we present the seminar in series events of Mission to Haiphong: "Driving Sustainable Growth: Assessing the Role of EVFTA and ESG in Vietnam’s Economic Development." This event gathering of thought leaders, industry experts, and forward-thinking businesses will serve as a platform for in-depth discussions, knowledge sharing, and strategic insights. It is an opportunity to explore how the EVFTA is redefining trade dynamics in Vietnam and how ESG principles are driving responsible and sustainable corporate practices. Join us on October 6, 2023 at Mercure Hai Phong for an event that promises to spark meaningful conversations, foster connections, and illuminate the path to sustainable economic development in Vietnam. Link registration: https://lnkd.in/gDyjs8r5 Participation is limited. Please register by by 5th October 2023 #50thyearbelgiumvietnam #20thyearbeluxchamvietnam #deepcindustrialzone #ESG

See the latest updates of our European Business Organisations in the ASEAN Region! 🇰🇭 Recently, EuroCham Cambodia hosted the Sustainability Summit in Phnom Penh, Cambodia, where distinguished guests including Ambassador Sujiro Seam from the European Delegation to ASEAN and Antoine Ripoll, Minister Counsellor for Parliamentary Affairs at the European Union Delegation to ASEAN graced the event. Supported by GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH), the summit brought together representatives from European Business Organisations (EBOs) across Asia - EuroCham Myanmar, EuroCham Indonesia (The European Business Chamber of Commerce in Indonesia), EuroCham Vietnam, EABC -The European Chamber of Commerce Thailand, ECCIL EuroCham Laos, European Union Chamber of Commerce in China, The European Chamber of Commerce in Hong Kong, European Chamber of Commerce, Singapore (EuroCham Singapore), and Eurocham Mongolia, to discuss their sustainability state and explore innovative methods for integrating sustainable practices into their operations. 🇲🇲 On 28 March, EuroCham Myanmar welcomed young future professionals from the MEETup (Myanmar-EU Empowerment) Programme, funded by the European Union and organized by the EU Delegation in Myanmar, to gain insights into the European business landscape, its evolution, current challenges, and outlook in the country. 🇵🇭 In Brussels last 18 March, the European Chamber of Commerce of the Philippines celebrated the official resumption of negotiations for the EU-Philippines Free Trade Agreement, marking a significant milestone in fostering economic ties between the regions. Through various initiatives, including position papers and high-level dialogues, the ECCP has been actively advancing the EU-Philippines FTA. 🇱🇦 Over in Laos last 14 March, ECCIL EuroCham Laos had the privilege of hosting Ms. Jutta Urpilainen, European Commissioner for International Partnerships, reaffirming the European Union's commitment to supporting quality private investment under the EU Global Gateway strategy. 🇻🇳 And looking ahead on 2 November, EuroCham Vietnam is gearing up for the Green Economy Forum (GEF) 2023 in Hanoi, offering a platform for impactful discussions and advocacy for sustainable practices and policies. Stay tuned for more inspiring initiatives from our EBOs as they continue to drive positive change and shape the future of businesses globally! Photo courtesy of EuroCham Cambodia. #EBOWN #TeamEurope #EuropeanBusinessAbroad #EBOWNASEAN #EUAsean #EuropeanUnion #EUTrade #GreenEconomy #BusinessDevelopment #EUProjects #InvestmentOpportunities #GlobalGate

Achieving decent work for all is still an ongoing quest across ASEAN countries. Continuous support and collaboration are crucial to addressing various work-related issues, especially after the COVID-19 pandemic. In June 2024, the International Labour Organization (ILO) and Singapore agreed to continue their partnership to push for decent work in ASEAN. How does the agreement support decent work in ASEAN? Read the full article through the link below: https://lnkd.in/gmBWTsYY #greennetwork #greennetworkasia #greennetworkid #sustainability #sustainabledevelopment #SDGs2030 #singapore #southeastasia #ILO #ILOSingaporePartnership #DecentWorkASEAN #CapacityBuilding #WorkforceDevelopment #LabourRights #SocialProtection #SustainableDevelopment #FairLabourPractices #InclusiveEconomy #GlobalPartnerships

🗓️2nd day in Kuala Lumpur for the UIC delegation. It was also an important day, marked in particular by UIC's participation in the High-Level 15th Regional Environmentally Sustainable Transport (EST) Forum in Asia 🌏 The Forum was organised by the Ministry of Transport, Government of Malaysia, the Ministry of Environment, Government of Japan (MoE-J), the Asian Development Bank (ADB), the United Nations Centre for Regional Development, Division for Sustainable Development Goals, United Nations Department of Economic and Social Affairs (UNCRD-DSDG/UN DESA). The theme was: “Investing in Sustainable Transport: Catalyzing Economic and Social Development in the SDG Era” 🌳 The Minister for Transport, Malaysia, HE Loke Siew Fook outlined their target to elevate public transport modal share to 40% by 2030 and reach 60% by 2050, highlighting investment in rail with the Mass Rapid Transit, the East Coast Rail link and the Rapid Transit System link which significantly reduce greenhouse gas emissions from transport. 👉 On the subject of finance, François DAVENNE emphasised that the UIC was currently asking countries to honour the priorities set in their policies and to take account of the need to commit to reducing carbon emissions. Drawing on the "polluter pays" principle, he said the UIC was advocating that investment in transport infrastructure should be based on climate potential. There is growing evidence that avoidance and transfer strategies (such as modal shift) can account for 40-60% of emission reductions in the transport sector, at lower costs than improvement strategies (such as electrification). Countries, in collaboration with the international financial institutions, must also make progress in defining a new, more ambitious collective financing objective, with innovative mechanisms for climate financing, in order to increase investment in climate-friendly technologies and solutions and ensure greater accessibility. #Cooperation #MoreTrains #DesignABetterFuture #ESTForum #SustainbleTransport

The IMPACT if this happens will change Malaysia 🇲🇾 forever! In a groundbreaking development, the Malaysian and Singaporean governments, led by Prime Ministers Anwar Ibrahim and Lee Hsien Loong, have announced a historic agreement on the proposed Johor-Singapore special economic zone (SEZ). Prime Minister Lee emphasized the SEZ's objective to facilitate smoother cross-border movement for those working on both sides of the Causeway. He highlighted the potential for enhanced arrangements benefiting companies in the SEZ by ensuring access to the right mix of skilled professionals. During the 10th Singapore-Malaysia Leaders' Retreat, discussions centered on cooperation, outstanding bilateral issues, and plans for the SEZ. #HistoricAgreement #RegionalDevelopment The SEZ, announced in October, is expected to bolster infrastructure, connectivity, and job opportunities in Johor and Singapore. Prime Minister Lee outlined plans for a feasibility study and emphasized the potential benefits for the Iskandar development region in Johor. Notably, the SEZ aims to streamline the flow of goods through special tax arrangements and bonded warehouses, fostering easier border flows. #SEZDevelopment #CrossBorderFacilitation Acknowledging the short timeline, both leaders expressed optimism about finalizing a memorandum of understanding (MOU) by January 11 next year. They highlighted the urgency of addressing outstanding issues such as maritime delimitation, reclamation at Pedra Branca, water, and airspace. Despite these challenges, Prime Minister Lee expressed confidence in finding mutually beneficial solutions. #TimelineOptimism #IssueResolution Additionally, the leaders emphasized their commitment to resolving airspace management issues and updating arrangements for air traffic services. On the topic of water supply, Prime Minister Anwar affirmed Malaysia's commitment and proposed joint efforts for sustainable management of the Johor river. #AirspaceManagement #SustainableWaterManagement Beyond the SEZ, the leaders unveiled plans to strengthen cooperation in renewable energy and support the development of small- and medium-sized enterprises (SMEs) through a memorandum of understanding. The enhanced Malaysia-Singapore Business Development Fund will further facilitate joint projects in the green and digital economy. These initiatives underscore the commitment of both nations to fostering economic ties and addressing shared challenges. #RenewableEnergyCooperation #SMEDevelopment Dr Ahmad Sabirin Arshad Tengku Zafrul Aziz Fahmi Fadzil Iskandar Regional Development Authority (IRDA) Prakash Nagarajan Alvin Foo Iskandar Investment Berhad Dato Idzham Mohd Hashim Malaysia Digital Economy Corporation (MDEC) Source: https://lnkd.in/g8aynu95