Pioneering a sustainable business model to protect forests, produce food and deliver clean energy
Description
In 2009, Novozymes met CleanStar Ventures, a venture development partnership that leverages innovation to drive social development and environmental restoration, which has similar interests. The companies conducted a joint feasibility study in Mozambique, which showed an opportunity for a highly profitable and sustainable venture that could be delivered at significant scale and replicated. On that basis the companies jointly invested in the newly-formed CleanStar Mozambique in August 2010. Alongside Novozymes and CleanStar Ventures, the business brings together other partners, most notably the engineering group ICM Inc. that is providing the ethanol plant and Bank of America Merrill Lynch that has entered a multi-million Certified Emission Reduction financing agreement with CleanStar Mozambique.
CleanStar Mozambique will monitor all relevant targets on an ongoing basis, Please redirect the available website at: <a href="www.cleanstarmozambique.com">Clean Star Mozambique</a>
Open to additional partners
SDGS & Targets
Goal 7
Ensure access to affordable, reliable, sustainable and modern energy for all
7.1
By 2030, ensure universal access to affordable, reliable and modern energy services
7.1.1
Proportion of population with access to electricity
7.1.2
Proportion of population with primary reliance on clean fuels and technology
7.2
7.2.1
Renewable energy share in the total final energy consumption
7.3
7.3.1
Energy intensity measured in terms of primary energy and GDP
7.a
7.a.1
International financial flows to developing countries in support of clean energy research and development and renewable energy production, including in hybrid systems
7.b
By 2030, expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries, in particular least developed countries, small island developing States, and land-locked developing countries, in accordance with their respective programmes of support
7.b.1
Installed renewable energy-generating capacity in developing and developed countries (in watts per capita)