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United Nations Department of Economic and Social Affairs Sustainable Development

Sustainable Water & Energy Finance Trade able Commodities

    Description
    Description
    NEMS is in stream of negotiations with Dubai Government and DMCC for developing and trading an innovative commodity basing on water and energy conservation.

    Implementation of the Project/Activity

    Nouveau Energy will be the first to launch Tradable Water Certificates in Abu-Dhabi & Dubai (U.A.E) therefore ,there are no direct competitors in the U.A.E market for the product.

    However ,investors maybe diverted to certain other product offerings therefore indirect competitors do exist.
    But the project idea on it's own differentiates it from other products since ,it is based on the quantity of water conserved by individuals and institutions giving it a unique edge over other products.

    We will require a bankable feasibility study,product structuring and raising of minimum USD 10.0 million to develop and implement the commitment.

    Partners
    Government of Dubai. Ministry of Water & Environment (UAE) .Dubai Electricity & Water Authority.NASDAQ Dubai

    Goal 7

    Ensure access to affordable, reliable, sustainable and modern energy for all

    Goal 7

    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

    By 2030, increase substantially the share of renewable energy in the global energy mix
    7.2.1

    Renewable energy share in the total final energy consumption

    7.3

    By 2030, double the global rate of improvement in energy efficiency
    7.3.1

    Energy intensity measured in terms of primary energy and GDP

    7.a

    By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology
    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)

    Trading of Water & Energy Conservation Certificates
    Success can be meausred with a public IPO of Certificates comprising 1.0 million in quantity
    Financing (in USD)
    10000000
    No progress reports have been submitted. Please sign in and click here to submit one.
    False
    Action Network
    Sustainable Energy for All (SE4All)
    This initiative does not yet fulfil the SMART criteria.
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    Timeline
    01 January 1970 (start date)
    01 January 2014 (date of completion)
    Entity
    N/A
    SDGs
    Geographical coverage
    Pakistan
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