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AVPN Announces 18 Grantees of USD 5 Million Sustainability Seed Fund 2.0 and the Sustainability Solutions Lab Resource Hub

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The Fund will continue to support grantees in scaling their technology-led climate change solutions, while the Lab will enhance visibility and capacity building for grantees from SSF 1.0 and 2.0

SINGAPORE, Sept. 2, 2024 /PRNewswire/ — AVPN, the largest network of social investors in Asia, announced the grantees of the APAC Sustainability Seed Fund (SSF) 2.0, which is a USD 5 million catalytic initiative supported by Google.org, and the Asian Development Bank (ADB), as the strategic and outreach partner. AVPN will award 18 non-profit organisations with funding to implement and scale innovative technology-led solutions that tackle pressing climate and sustainability challenges in the Asia Pacific region. Building on the June 2024 launch of the APAC Sustainability Solutions Lab, which received an additional USD 2 million grant  from Google.org, the Lab will now serve as a resource hub for grantees from both APAC SSF 1.0 and 2.0. It will provide capacity building support to grantee partners and increase their visibility, enhancing the impact of their innovative solutions.

The Asia Pacific region is home to seven of the world’s ten most climate-vulnerable countries, where climate change poses an ‘existential threat'[1] and the potential to cause long-term impact to future generations. Weather events in APAC in 2022 affected more than 50 million people directly, with an upwards of USD 36 billion in economic losses[2]. The failure to adapt to growing climate risks has posed significant economic and social threats. While technology has emerged as a transformative force to offer innovative avenues to address these challenges, climate technologies remain severely underfunded.

Building on the success of SSF 1.0 Fund, the APAC SSF 2.0 seeks to nurture and amplify solutions that harness technology to address urgent climate impact areas such as renewable energy and decarbonisation, climate adaptation, waste management and/or circular economy, air quality, water preservation and biodiversity protection. The grantees, based across the Asia Pacific region, will leverage technologies such as artificial intelligence (AI), cloud computing, Internet of Things (IoT), and application software in their climate solutions. Grantees include:

Australia – Cool.orgIndia – INREM Foundation, CEPT Research and Development Foundation (CRDF), Institute for Financial Management and Research, Gujarat Mahila Housing Sewa Trust Indonesia – YAKKUM Emergency Unit, Gringgo Indonesia Foundation, Perkumpulan Jaringan Pantau Gambut Japan – Social Innovation Japan, Institute for Global Environmental Strategies New ZealandWildlife.ai TrustSingapore – Imagine H2O Asia South Korea – Coalition for Our Common Future ThailandAsian Institute of Technology, Sathira-Dhammasathan The Philippines – University of the Philippines Public Administration Research and Extension Services Foundation, Inc., Asia Society for Social Improvement and Sustainable Transformation (ASSIST) Vietnam – Vietnam Rural Industries Development and Research Institute (VIRI) 

The Fund will support grantees’ efforts in scaling their solutions, provide networking opportunities and capacity building, fostering and simplifying solutions that harness the power of technology for climate adaptation and mitigation to ensure a positive and lasting impact in Asia.

Additionally, AVPN will offer selected grantees of APAC SSF 1.0 and 2.0 access to the Sustainability Solutions Lab. The Lab will provide technical capacity building support, develop impactful case studies, create opportunities for dialogue and hold roundtable discussions with stakeholders. Its goal is to enhance grantees’ impact, build their capacity, and to create a supportive ecosystem. By increasing the visibility of successful grantees, the Lab will enable them to showcase how advanced technologies tackle key sustainability issues and effectively communicate their solutions to social investors, government, and other key stakeholders, thus facilitating the scaling of their innovations.

Naina Subberwal Batra, CEO of AVPN, shared, “At AVPN, we recognise capital – financial, human, and intellectual – is crucial for initiating and advancing climate innovations often overlooked by traditional funding mechanisms. Through APAC SSF 2.0, we aim to channel resources into the early stages of the Continuum of Capital to support these grantees. By mobilising these resources, we can support and unlock the potential of their innovations to help the region adapt and respond to climate impacts. Done right, this not only drives the development of transformative solutions, but ensures their expansion and adoption in the regions that need them the most.”

Andrew Ure, Managing Director, Government Affairs and Public Policy, Southeast Asia at Google, said, “The Asia-Pacific region faces significant vulnerabilities due to climate change. However, amidst this challenge lies tremendous opportunity. Organisations, social investors, and researchers across the region are uniting to develop innovative solutions, leveraging technologies like AI to address this critical issue. We are proud to support social impact organisations like AVPN in the region to foster scalable solutions and accelerate collaborative efforts. Together, we can build a more sustainable and resilient future for the region.”  

Stephanie King-Chung Hung, Chief Information Officer and Director General, Information Technology Department at Asia Development Bank said, “Advanced  digital solutions are pivotal in boosting resilience and adaptive capacities in the face of climate challenges. Our support for the Fund underscores the importance of targeted financing in promoting these innovations. We are committed to helping communities, especially those most vulnerable, thrive amidst environmental pressures by facilitating the development and broader implementation of vital climate solutions.”

About AVPN
AVPN is the largest network of social investors in Asia, comprising over 600 funders and resource providers across 33 markets. Our mission is to increase the flow and effectiveness of financial, human, and intellectual capital in Asia by enabling members to channel resources towards impact. As an ecosystem builder, AVPN enables its members to connect, learn, act, and lead across key pillars and improve the effectiveness of deployed capital, bringing local field needs, regional expertise, and policy insights to the forefront. For more information about AVPN and our work, please visit our website and read our latest Annual Review 2022/23.

About Google.org
Google.org, Google’s philanthropy, brings the best of Google to help solve some of humanity’s biggest challenges combining funding, product donations and technical expertise to support underserved communities and provide opportunity for everyone. We engage nonprofits, social enterprises and civic entities who make a significant impact on the communities they serve, and whose work has the potential to produce scalable, meaningful change.

Annex: Information on Grantees

Australia

Cool.org – The not-for-profit education organisation will use the support from AVPN to develop Cool AI. This initiative focuses on developing an advanced, data-driven tool to aid educators in crafting customised lessons on environmental, social, and economic sustainability.

India

CEPT Research and Development Foundation (CRDF) – The Indian national institution, focused on designing, planning, constructing, and managing human habitats, will use machine learning technology and satellite imagery to simplify the estimation of the carbon sequestration capacity of lakes, which can enable local governments to take proactive and corrective actions.Gujarat Mahila Housing Sewa Trust – The organisation, which works to strengthen grassroots collectives of women in the urban informal sector, will  develop an AI-powered model for climate resilience in Ahmedabad. AI will be used to identify Urban Heat Islands and suggest targeted solutions. By working closely with local women, especially those in urban slums, the project aims to devise community-centric strategies like cool roofs and routes.INREM Foundation – The research, innovation and policy advisory organisation will develop AI-enabled open digital solutions to enhance the agency of community representatives to access data on Water contamination, and find local solutions to their problems. This will empower 125,000 Water Quality Champions across villages of India and build an inter-connected Water Quality Network.Institute for Financial Management and Research (IFMR) – WELL Labs – WELL Labs: Water, Environment, Land and Livelihoods is a centre based at the IFMR Society, a not-for-profit society set up to provide research-based inputs to industries and the government in the areas of finance and economics. IFMR will unlock multiple foundational datasets and make them easily accessible to key stakeholders through various use cases and multiple mediums – Application Programming Interface (APIs) or tools. The tech stack will lead to stakeholders being able to devote more attention to human aspects of rural development challenges rather than time spent reckoning with bad data.

Indonesia

Gringgo Indonesia Foundation – The organisation, focused on revolutionising waste management and fostering sustainability by leveraging cutting-edge technology, will deploy innovative waste processing units and optimise waste collection to significantly reduce landfill dependency and environmental pollution. This will generate valuable by-products and empower communities through education and job creation, ultimately fostering a cleaner, healthier, and more sustainable future for all.Perkumpulan Jaringan Pantau Gambut – The non-governmental organisation focusing on research, advocacy, and campaigns for the protection and sustainability of peatlands in Indonesia aims to revolutionise peatland monitoring and fire prevention in Indonesia. By leveraging advanced data visualisation and AI-driven tools, this initiative seeks to significantly reduce the frequency and severity of uncontrolled peat fires, contributing to the protection and sustainability of Indonesia and the vital peatland ecosystems.YAKKUM Emergency Unit – The organisation with a mandate on inclusive emergency response and building community resilience through community-led disaster risk reduction and climate change adaptation will create a collaborative partnership model where the locally-led water irrigation system will use smart mist technology with the internet of things to improve access to water resources, save time, and support inclusion. This will save farmers’ time and efforts when irrigating the farmland and enhance the community’s resilience during droughts and other climate impacts.

Japan

Institute for Global Environmental Strategies (IGES) – The independent, non-profit environmental policy think tank will scale up the URBAN RIG technology, previously piloted in Thailand, to address Iriomote Island’s marine plastic waste issue in Japan. This innovative solution converts plastic waste into valuable resources like oil and charcoal, aligning with local environmental regulations. By expanding URBAN RIG’s operations to Japan and scaling up its existing work in Thailand, IGES aims to reduce waste volume, create economic opportunities, and promote sustainable practices on both islands.Social Innovation Japan – The non-profit organisation focusing on creating social innovation initiatives, education and leadership programmes, and community building for impact plans to significantly improve their “mymizu” community-driven, crowdsourced technology platform and user experience, in order to accelerate the shift away from single-use plastics towards a circular economy.

New Zealand

Wildlife.ai Trust – The independent charitable organisation that uses artificial intelligence to accelerate wildlife conservation will create a user-friendly, affordable camera that empowers biologists and nature enthusiasts everywhere to track wildlife across vast areas and over time.

Singapore

Imagine H2O Asia – The water solutions accelerator and NGO, with a mission to make innovation more accessible to water and climate-stressed communities in the Asia-Pacific, aims to make innovation more accessible for utility operators and other decision makers committed to managing and mitigating pollution faster and cheaper. It will design and co-finance technology pilots that empower climate-vulnerable communities in South Asia and Southeast Asia to address groundwater contamination, ecosystem health, and saltwater intrusion.

South Korea

Coalition for Our Common Future – The ‘Think and Do Platform’ dedicated to achieving Carbon Neutrality and Green Growth will equip the project development teams to increase the accuracy and speed of the carbon mitigation and adaptation projects, and will power the building of a transparent information exchange platform, among others, which will act as a medium for matching supply (tech and finance) and demand (carbon credits).

Thailand

Asian Institute of Technology – The Postgraduate institution will support system development, data verification and knowledge sharing platform that integrate the hotspot data from various satellite sources, calculate emissions based on these hotspots, and perform effective data management; use AI to focus on differentiating the land use types, developing the inventory, and creating the online knowledge-sharing platform; and conduct training and workshops for government officials. Sathira-Dhammasathan – The non-profit organisation and a learning community that promotes the skills of everyone to live in peace and harmony will address water management challenges in Bodhisattva Valley and ensure the success of reforestation efforts through: developing Water Master Plan, designing innovative water conservation solutions. providing tree inventory management capacity building, and knowledge sharing with the national and international community.

The Philippines

Asia Society for Social Improvement and Sustainable Transformation (ASSIST) – The non-profit organisation geared towards capacity-building, promoting sustainable practices, and achieving social impact plans to scale up the green skills model through: geographic expansion into neighboring ASEAN countries, scope expansion by updating and broadening the green skills curriculum, and technological expansion by incorporating advanced delivery methods like Virtual Reality (VR), Augmented Reality (AR), and AI technologies.University of the Philippines Public Administration Research and Extension Services Foundation, Inc. – The non-stock, non-profit organisation that undertakes programmes and projects related to research and community extension will revolutionise paratransit systems in developing countries by addressing fossil fuel dependence, poor energy efficiency in public transport operations and the need for inclusive and just transition. This will include smart contracts and blockchain-based energy accounting, and establishment of an open and real-time system for monitoring public transport demand and supply and service quality indicators.

Vietnam

Vietnam Rural Industries Development and Research Institute (VIRI) – The organisation focusing on the sustainable development of rural industry and for improvement of living standards of disadvantaged people in a sustainable manner will develop seaweed farms along the coastal lines of Vietnam with high technology seedlings production, regulated farming community and co-ops, and appropriate co-operation from local authorities. The seaweed development shall bring good lifes for local people while contributing to decarbonisation efforts and to the adaptation of climate change.

Read more about APAC Sustainability Seed Fund (SSF) 2.0.

 

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SOURCE AVPN

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CHINT Shines on Forbes Global Brand Top 30

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SHANGHAI, Nov. 22, 2024 /PRNewswire/ — The “2024 Forbes China Go-International Brands Top 30” results have been officially announced. CHINT has earned a spot on the prestigious list and is recognized for its outstanding performance and significant contributions on the global stage. This honor highlights CHINT’s high recognition in international markets and marks a solid step forward in advancing Chinese brands globally.

After more than two decades of overseas development, CHINT Group has steadily expanded its business to over 140 countries and regions worldwide, covering key industries such as low-voltage electrical appliances, smart electrical equipment, instrumentation, and green energy. CHINT Global’s globalization strategy is reflected not only in its extensive business layout but also in the localization of talent and R&D.

Globally, CHINT employs over 50,000 people across five business regions and more than 40 subsidiaries, with a local talent rate exceeding 66%. The company has established 20 research institutes worldwide, focusing on the customized development of localized products, investing 3%-12% of its annual sales revenue in R&D, accumulating over 8,000 authorized patents, and participating in the formulation of industry and international standards more than 400 times.

Regarding localized manufacturing, CHINT Group has 28 manufacturing bases globally, including eight overseas, with product lines covering the full range of products. Regarding localized delivery, local logistics centers have been established in all five business continents, increasing international project coverage by over 50% and shortening the average delivery cycle by more than 60 days.

The Forbes Brand Going Global award for CHINT means a high recognition of its efforts in implementing globalization strategies, promoting localized operations, and driving innovative development. This honor is not only an affirmation of the past but also an inspiration for the future. CHINT Global will continue to forge ahead, striving to become a global leader in the full industry chain of smart electrical energy solutions, and will continue to contribute to the development of the global energy and electricity industry.

Photo – https://mma.prnewswire.com/media/2565329/image_5019413_32599362.jpg

View original content:https://www.prnewswire.co.uk/news-releases/chint-shines-on-forbes-global-brand-top-30-302314106.html

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KBR’s Market-Leading Ammonia Technology Selected by AMUFERT, Angola

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HOUSTON, Nov. 22, 2024 /PRNewswire/ — KBR (NYSE: KBR) announced today that it has signed an agreement with AMUFERT for the development of a new ammonia plant in Soyo, Angola.

Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and catalyst solutions for AMUFERT’s 2,300 metric tons per day ammonia plant. Leveraging KBR’s proprietary technologies and expertise in ammonia, the planned facility will assist Angola and its neighboring countries move towards greater food security and self-sufficiency.

“We are thrilled to be a part of this project and support AMUFERT’s efforts in accelerating sustainable agriculture in Angola through our leading ammonia technology,” said Jay Ibrahim, KBR President, Sustainable Technology Solutions. “KBR has a proud legacy in Angola, and we look forward to working closely with AMUFERT and our partners to ensure the success of this important project.”

KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades. Since 1943, KBR has licensed, engineered or constructed over 260 grassroot ammonia plants worldwide.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding future project performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.

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At Its European Innovation Day 2024, Huawei Advocates Collaboration to Unlock Europe’s Potential

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PARIS, Nov. 22, 2024 /CNW/ — Huawei hosted the 2024 “Europe Innovation Day” in Paris, an event where European tech leaders, business representatives, and innovation experts explored opportunities for cross-border and cross-industry collaboration. Under this year’s theme of “Unleashing the Potential of European Innovation,” the event addressed critical challenges in Europe’s digital transformation, offering strategies to strengthen regional ecosystems and enhance global competitiveness.

Driving Europe’s Digital Progress through Cooperation

Jesus Contreras, Chief Operations and Financial Officer of EIT Digital, stated: “Innovation is never a solo endeavor; it relies on collaboration and exchange among all parties.” He emphasized that digital innovation flourishes when global partners and customers with diverse perspectives unite, bringing energy and momentum to collaborative efforts.

Nicola Caputo, Regional Minister of Campania (Italy) and Member of the European Committee of the Regions, highlighted the challenges Europe faces in its digital transformation, such as insufficient digital literacy, lagging commercial adoption, and uneven 5G coverage. He called for governments to strengthen cross-border cooperation to boost Europe’s global competitiveness in the digital economy.

Ximo Puig, Spain’s Permanent Representative to the OECD, stated: “Innovation is essentially a framework. Governments, businesses, and society must leverage this framework to collectively foster long-term development and build a fully connected world.”

Laurent Lafforgue, a renowned mathematician at Huawei Technologies France, said: “The rapid advancement of technological innovation relies on solid foundational theories. Robust theoretical research is essential to achieving sustainable and long-term technological progress.”

Huawei’s Commitment to Long-Term Investment

 “Innovation is a long-term process,” remarked Yu Liang, Vice President of Huawei Cloud Global Ecosystem. He affirmed Huawei’s dedication to fostering open collaboration that drives both societal and commercial value. Yu further announced Huawei’s partnership with Station F to launch a sustainability-focused incubation program, aiming to support 10 startups in sectors like retail, automotive, and industrial manufacturing, enabling them to achieve rapid growth within a seven-month incubation period.

Advancing Digital Transformation and Building Europe’s Future

At the “Driving Digital Transformation for Europe’s Emerging Innovators” forum, co-hosted by Euronews and Huawei, participants underscored the necessity of cross-sector collaboration and open ecosystems. Key speakers included Horst Heitz, Chair of SME Connect Steering Committee; Ana Paula Nishio de Sousa, Director of Digital Transformation & AI at the UN Industrial Development Organization; Alexander Pisemskiy, CEO of Zenpulsar; and Gaurav Tripathi, CTO of Partex NV. They emphasized the need for open data-sharing platforms and collaborative ecosystems to cultivate a more inclusive and adaptable innovation environment.

Huawei Cloud will continue to invest in Europe by delivering stable and reliable cloud infrastructure, working with government agencies and universities to cultivate digital talent, and supporting startups to scale across regions,” said Zhu Xiaoming, Vice President of Huawei Cloud Global Industry Development. He noted that Europe’s digital transformation is advancing slower than the targets outlined in the Europe Digital Decade 2030 plan, particularly in areas such as data and artificial intelligence.

Promoting Inclusivity and Women Innovators

Berta Herrero, Head of Diversity, Equality, and Inclusion at Huawei Europe, moderated a panel discussion on empowering women innovators. Panelists included Rebeca de Sancho Mayoral, Senior Adviser on EU Innovation & Access to Finance at the European Commission; Egle Ciuoderiene, Founder of Duevo; Iva Tasheva, Co-Founder and Cybersecurity Lead at CyEn; and Gaia Verzelli, an alumna of Huawei’s Women Leadership School. They shared insights into EU funding and policy initiatives designed to support women entrepreneurs and called for greater female participation in the tech innovation ecosystem to foster an inclusive and diverse environment.

A Call to Action

Closing the event, Tony Yong Jin, Director of Business Environment Affairs of the European Region at Huawei, called on all parties to take decisive action to drive digital innovation and build a more connected, inclusive, and sustainable Europe. He stated, “Today, I call on all of us to embrace digital innovation—not just because of its promises, but because of its profound impact on every individual, family, and community.”

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SOURCE Huawei Technologies Co., Ltd

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