Norden buys a share in biofuel production firm in race to decarbonise
Norden buys a share in biofuel production firm in race to decarbonise TradeWinds
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Norden Buys a Share in Biofuel Production Firm in Race to Decarbonise
Introduction
Danish owner-operator Norden has taken a significant step towards achieving its commitment to using bio-oil bunkers in the future. The company has purchased a minority stake in MASH Makes, a Danish-Indian biofuel scale-up that specializes in researching, developing, and producing renewable fuels from biomass waste.
Sustainable Development Goals (SDGs)
The investment made by Norden aligns with several Sustainable Development Goals (SDGs) set by the United Nations. These goals include:
- Goal 7: Affordable and Clean Energy
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
Details of the Investment
Norden’s decision to acquire a stake in MASH Makes demonstrates its commitment to decarbonization and sustainable practices. By investing in a biofuel production company, Norden aims to reduce its carbon footprint and contribute to a more environmentally friendly shipping industry.
MASH Makes: A Leader in Biofuel Production
MASH Makes is a Danish-Indian biofuel scale-up that focuses on utilizing biomass waste to produce renewable fuels. Through their research and development efforts, MASH Makes has made significant advancements in the field of biofuels, offering a promising solution for the shipping industry’s decarbonization efforts.
Conclusion
Norden’s investment in MASH Makes highlights its dedication to achieving the Sustainable Development Goals (SDGs) and promoting sustainable practices within the shipping industry. By supporting biofuel production, Norden aims to contribute to a greener future and accelerate the decarbonization process.
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 7: Affordable and Clean Energy
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 13: Climate Action
The article discusses Norden’s commitment to using bio-oil bunkers, which are renewable fuels made from biomass waste. This aligns with SDG 7, which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. Additionally, the use of biofuels contributes to SDG 9, which focuses on promoting sustainable industrialization and fostering innovation. Finally, the adoption of biofuels helps address SDG 13 by reducing greenhouse gas emissions and mitigating climate change.
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 7.2: Increase the share of renewable energy in the global energy mix.
- SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable.
- SDG 13.2: Integrate climate change measures into national policies, strategies, and planning.
The article highlights Norden’s investment in a biofuels production company, indicating their commitment to increasing the share of renewable energy in the shipping industry’s energy mix (SDG 7.2). By using bio-oil bunkers, Norden is also contributing to the upgrade and sustainability of the shipping industry’s infrastructure (SDG 9.4). Furthermore, the adoption of biofuels aligns with the integration of climate change measures into Norden’s policies and strategies (SDG 13.2).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
Yes, the article mentions that Norden has bought a stake in MASH Makes, a biofuels production company that researches, develops, and produces renewable fuels from biomass waste. This indicates that Norden is taking concrete steps towards increasing the share of renewable energy in their energy mix (SDG 7.2). The investment also implies progress towards upgrading the shipping industry’s infrastructure to be more sustainable (SDG 9.4) and integrating climate change measures into Norden’s policies and strategies (SDG 13.2).
4. SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase the share of renewable energy in the global energy mix. | Norden’s investment in a biofuels production company. |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable. | Norden’s commitment to using bio-oil bunkers. |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning. | Norden’s investment in biofuels production to reduce greenhouse gas emissions. |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: tradewindsnews.com
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