2023-12-15 06:55:00
IAEA, OPEC CLIMATE COOPERATION
IAEA - Dec 8, 2023 - The International Atomic Energy Agency (IAEA) and the OPEC Fund for International Development (OPEC Fund) have formally agreed to strengthen joint efforts in the area of nuclear science and technology for climate adaption and mitigation.
On the margins of this year’s United Nations Climate Change Conference (COP28), IAEA Director General Rafael Mariano Grossi and OPEC Fund Director General Abdulhamid Alkhalifa signed Practical Arrangements on Cooperation in the Area of Climate Adaptation to enhance collaborative efforts by both entities to develop and implement joint projects on climate adaptation.
Under the framework of the agreement, the OPEC Fund will support the establishment of a global seed bank to collect, store, and preserve seeds that have characteristics that can withstand new climate conditions, including seeds developed through application of nuclear techniques for plant breeding and soil and water management. The IAEA provides expertise and assistance in the application of nuclear techniques in these areas supporting climate-smart agriculture. By using nuclear techniques, such as plant mutation breeding, scientists can accelerate the natural evolution of plants using irradiation of seeds to help create new varieties with desirable traits adapted to climate change. Seed banks ensure these new varieties can be used in areas where crops are battling the effects of climate change throughout the globe.
The IAEA and the OPEC Fund have been collaborating since 1989, and the OPEC Fund has already provided more than 2.4 million dollars to IAEA activities in the fields of health and agriculture. Most recently, the IAEA worked with the OPEC Fund in 2018 to help improve rice harvests in Bangladesh, Cambodia, Lao PDR and Nepal, and to help prevent the spread of animal diseases through capacity building in Cambodia, Lao PDR, Myanmar and Vietnam.
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Earlier:
2023, December, 7, 07:00:00
CLEAN NUCLEAR POWER
The goal of global net zero carbon emissions can only be reached by 2050 with swift, sustained and significant investment in nuclear energy. The International Atomic Energy Agency (IAEA) and the Intergovernmental Panel on Climate Change see nuclear as important part of the solution to climate change and energy insecurity.
2023, December, 6, 06:50:00
OPEC+ CUTS 2.2 MBD
These additional voluntary cuts are announced by the following OPEC+ countries : Saudi Arabia (1,000 thousand b/d); Iraq (223 thousand b/d); United Arab Emirates (163 thousand b/d); Kuwait (135 thousand b/d); Kazakhstan (82 thousand b/d); Algeria (51 thousand b/d); and Oman (42 thousand b/d) starting 1st of January until the end of March 2024.
2023, November, 27, 06:55:00
OPEC+ ONLINE MEETING
With global oil demand set to moderate in the first quarter of 2024, the OPEC+ alliance appears set to extend its production cuts, though the duration is yet to be determined, analysts say. As well, deeper cuts could be considered, some OPEC+ officials have hinted.
2023, November, 17, 06:20:00
THE NEW NUCLEAR DECISIONS FOR CLIMATE
Many oil and gas, drilling, and extraction operations take place in remote locations, and in many cases, it is not possible for these processes to be fuelled by electricity from the grid. It is here that microreactors (MRs) or small modular reactors (SMRs) could provide a low carbon alternative.
2023, October, 13, 06:45:00
GLOBAL NUCLEAR ENERGY IS A KEY
Besides climate change, amid today’s geopolitical challenges, countries increasingly recognize that nuclear energy is a key contributor to the security of energy supply.
2023, October, 6, 06:45:00
GLOBAL NUCLEAR EXTENSION
"Building on the collaboration in April in Sapporo, Japan, during the G7 Climate, Energy and Environment Ministers meeting and Business Forum, we stand ready to work together with policymakers to rebuild leadership in nuclear energy within OECD countries and to cooperate with other like-minded nations as they seek to meet their climate and energy security goals."
2023, September, 12, 08:55:00
GLOBAL NUCLEAR OPPORTUNITY
The session was the final one of the two day gathering of more than 700 people from the global nuclear sector, where the discussion has covered issues ranging from financing new nuclear, to how the industry will be able to recruit and train enough staff for the proposed expansion of nuclear energy in the years ahead.
