Net Zero-X

We are so excited to officially launch the Net Zero-X exchange here in Singapore. Net Zero-X is designed to tackle the significant financing gap that impedes the global transition to a #NetZero future.  According to the Network for Greening the Financial System (NGFS), a group of 105 central banks and financial supervisors, spending on physical assets on the course to #NetZero needs to reach about US$275 trillion by 2050, or US$9.2 trillion per year on average. Considering there is approximately USD$1 Trillion of sustainable capital currently being mobilised to address the #ClimateEmergency, the world is falling significantly short of what’s needed. Net Zero-X stands at the forefront of the global #sustainability revolution, providing a crucial link between impactful projects and the capital needed to bring them to fruition. By providing a transparent, secure, and regulated marketplace for sustainability projects, the platform not only facilitates substantial capital mobilization but also promotes innovation and global partnerships. Chintai Wong Kok Hoe David Packham Ryan Bethem Phillip H. Brian Dornan James Chilton Amy McCrae Kessler Chris Gurney Danielle Corsagí, EDM, M.Eng Earthland Global Raj Burman - Fellow Institute of Enterprise and Entrepreneurs Nalini Saxena Daniya Malik Paul Williams

🚀🌍We are thrilled to announce the launch of our groundbreaking Real World Asset (#RWA) #Token, 'WDER', now live on the Net Zero-X Exchange!🌍🚀 🌱This is your chance to own an equity stake in this innovative 'DRIVE-IN WASTE DISPOSAL & ENERGY RECOVERY HUB' in the UK. ♻️Why This Matters: As we face the pressing challenges of #climatechange, the #energytransition, and #wastereduction, it’s crucial to support projects that drive sustainability and environmental improvement. The #WDER #Token offers you the opportunity to be a part of this transformative journey. ♻️Key Benefits for Token Holders: * Asset Ownership: Secure your stake in a state-of-the-art waste management and energy recovery facility. * Profit and Dividend Distribution: Enjoy financial returns from the hub’s operations. * Carbon Credit Access: Participate in the global #carboncredit market. * Future Project Participation: Gain access to upcoming innovative projects on the Net Zero-X platform. 🌍Project Overview: Under an #STO on the Sustainability Net Zero-X Exchange in Singapore, project developers CAC-H2 Pte Ltd and UK-based Waste Management Facilities Ltd (WMF) are raising USD $6.5M to transform waste into a valuable resource, promoting #circularity and #sustainability. ♻️Project Objectives: Our primary goal is to redirect waste from traditional landfill sites to our cutting-edge facility, minimizing environmental impact and maximizing resource recovery. ♻️Facility Operations: At the Hub, we will accept waste deliveries via WMF contracted trucks and third-party waste delivery contractors. We will handle diverse waste streams including medical, hazardous, marine, municipal solid waste (MSW), plastics, and more, adhering to stringent environmental standards. ♻️The Global Waste Problem: Each year, 2.12 billion tons of waste are dumped globally, enough to circumnavigate the globe 24 times. In the UK, approximately 222 million tons of waste are generated annually. This includes construction, commercial, industrial, and household waste, highlighting the urgent need for #sustainable waste management practices. 🌍Technology Partnership: The Net Zero-X Exchange, powered by Chintai #Blockchain technology, is revolutionizing the way #sustainable capital is distributed. 🌍How to Participate: Join this exciting #RWA #WastetoEnergy Token offering by registering on the Net Zero-X Exchange and completing a simple KYC process to review the data room. 🌍Alternatively, email us at admin@netzero-x.com for a confidential discussion. The Net Zero-X Team Chintai David Packham Ryan Bethem Phillip Hamnett Wong Kok Hoe James Chilton Waste Management Facilities Ltd Brian Dornan AGS Energy Limited Edward McNamara Diarmuid Barry Amy McCrae Kessler Andrew Eweka Simon Delahunty Cedric Rimaud Jason Wei Kevin Leung Biing Huei Saw Tim Hourahine Jeremy Soh Audacy Ventures Timothy Koo Raj Burman - Fellow Institute of Enterprise and Entrepreneurs Danielle Corsagí, EDM, M.Eng

🚀🌍This is an exciting initiative and one of many innovative #cleantech & #deeptech platforms in Singapore.🌍🚀 Singapore is home to 4,500 tech #startups, each driven by a common need: capital. To commercialize and scale, these #startups must secure the necessary funding. The financing required for the regional green transition is immense. McKinsey & Company estimates that more than US$3 trillion is needed for Asia to achieve #netzero by #2050. Enter Net Zero-X, a Singapore-based #Sustainability Investment & Trading Exchange, built on #blockchain with our technology partner Chintai. Our mission is to onboard projects, and tech #startups and raise #greenfinance and #impactfunding to support their commercialization. We are the bridge between groundbreaking technology and institutional capital, addressing the funding gap to propel these #startups to new heights. Net Zero-X offers its support to Singapore's start-up ecosystem and platforms including the National University of Singapore Centre for Hydrogen Innovation, NUS Graduate Research Innovation Programme (GRIP), Singapore Deep-Tech Alliance (SDTA), A*STAR - Agency for Science, Technology and Research Enterprise Singapore SEEDS Capital SGInnovate Xora Innovation Singapore Tembusutech Innovation Singapore Tembusutech Investment Pte. Ltd. #GreenFinance #Sustainability #ImpactInvesting #ClimateTech #Innovation #TechStartups #NetZero

🌍🌱 The world needs an estimated $275 trillion to meet #NetZero goals by #2050. A recent McKinsey & Company report estimates that global spending on physical assets (#CleanTech Projects & #DeepTech Innovations) to reach #NetZero would need to amount to about $275 trillion between now and #2050, or about 7.5 percent of global GDP annually on average. However, the current commitments fall significantly short. Total Pledged #NetZero Investments by Top Countries: 1.   European Union: $1 Trillion 2.   China: $500 billion 3.   United States: $369 billion 4.   United Kingdom: $200 billion 5.   India: $150 billion 6.   Japan: $150 billion 7.   Canada: $100 billion 8.   Australia: $100 billion 9.   South Korea: $100 billion 10. Brazil: $100 billion 11.  Singapore: $39 billion Total Pledged: $2.808 trillion Annual #NetZero Funding Allocations from Institutional Investors: ·     VC & PE: $130-200 billion ·     Family Offices: $10-20 billion ·     NGOs & Philanthropy: $10-20 billion ·     Green Bonds & Sustainable Finance: $500 billion ·     Multilateral Orgs (UNFCCC UN, International Monetary Fund, The World Bank, Asian Development Bank (ADB) African Development Bank Group etc): $200-300 billion ·     Impact Investment Funds: $100 billion Annual Total: $940 billion - $1.22 trillion Funding Shortfall: To meet the $275 trillion requirement by 2050, we need a total investment of approximately $9.5 trillion annually. With current estimated annual funding at about $1 trillion, and even considering the substantial commitment by Glasgow Financial Alliance for Net Zero (GFANZ) members to align $130 trillion in managed assets to #ClimateChange, #EnergyTransition and #NetZeroProjects, the shortfall still stands stark. ·     Current Funding: ~$1 trillion annually ·     Required Annual Funding: $9.5 trillion Estimated Shortfall: ~$8.5 trillion annually This alarming funding gap underscores the urgency for mobilizing more #ImpactCapital. We must bridge this gap to drive #innovation, support #CleanTech projects, and ensure a #sustainable future for all. 🌟 We need to scale #NetZeroInvestments, accelerate progress, and make #NetZero2050 a reality. 🌍💡 What are your thoughts on how we can bridge this funding-gap? #NetZero #ClimateAction #SustainableFinance #ImpactInvesting #CleanEnergy #carbonRemoval #carboncapture #biochar #greenhydrogen #waste2energy #deeptech CAC-H2 Pte Ltd Net Zero-X Waste Management Facilities Ltd Facet Power US Biochar Coalition (USBC) Chintai NUS Graduate Research Innovation Programme (GRIP) A*STAR - Agency for Science, Technology and Research Singapore Deep-Tech Alliance (SDTA) Singapore Tembusutech Innovation Singapore Tembusutech Investment Pte. Ltd.

A major report from the International Energy Agency (IEA), out today, shows that the transition to net zero emissions would mean lower energy costs globally than if we continue on our current path. Scaling up clean technologies is good for affordability, as well as for cutting emissions. Read more → https://iea.li/3X2JX90   Today’s energy system is failing to deliver affordable energy for all: many millions of people lack access to clean cooking & electricity. In advanced economies, the poorest households spend up to 25% of their income on home energy bills & transport fuel. Explore the full report → https://iea.li/3wUZMUp   Today’s energy system is also not a stable one. The energy crisis caused by Russia slashing natural gas deliveries to Europe led to consumers around the world paying 20% more on average for energy than in past years. The hardest hit were low-income households already struggling to pay bills.   It's tempting – but wrong – to conclude that clean energy transitions will make energy less affordable. IEA analysis shows clean technologies are already the most affordable options for millions of people, especially over the long term. But high upfront costs remain a key hurdle.   In recent years, more governments have enacted policies to help consumers manage these upfront costs, through instruments like grants or tax breaks. Financial support is growing, but in 2023, it reached not much more than one tenth of the value of subsidies for using fossil fuels.   More needs to be done to unlock the huge levels of investment to build a cleaner, more affordable & secure energy system. This is especially the case in emerging economies where investment is lagging behind: today, 85% of clean energy investment is in advanced economies & China.   As energy transitions advance, "cents per kilowatt hour" may well replace "dollars per barrel" as the benchmark for energy affordability. On a path to 1.5°C, the share of oil in total household energy spending falls from 50% today to 20% in 2035. Electricity’s share jumps to 55%.   We don't need to invent new technologies to move to a cleaner & more affordable energy system. IEA's new report, drawing on proven policies from countries worldwide, shows how governments can help make clean technologies more accessible to all. Read it in full, freely available, on our site → https://iea.li/3wUZMUp   And to learn more, join IEA Chief Energy Economist Tim Gould & me for the LIVE launch event from 10:30 CEST → https://iea.li/3KmAlOF