News13Now
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    The rechargeable battery can be woven and washed, and could provide power for fiber-based electronic devices and sensors. — ScienceDaily

    Scientists modify yeast cell and turn it into a cannabis tracker — ScienceDaily

    How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

    How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

    Stock Market Today: Dow Slips Ahead of Fed Meeting, On Pace To Close Monthly Gains – The Wall Street Journal

    Stock Market Today: Dow Up 100 Points; Nasdaq, S&P 500 Gain in Midday Trading – The Wall Street Journal

    Winter is coming: Are your business clients prepared?

    Winter is coming: Are your business clients prepared?

    Teacher of the Week: Mariah White, special education, Clara Peterson Elementary, Paxton | Education

    Teacher of the Week: Mariah White, special education, Clara Peterson Elementary, Paxton | Education

    Vote tonight could advance process to possibly demolish Danville’s Bresee Tower | Politics

    Vote tonight could advance process to possibly demolish Danville’s Bresee Tower | Politics

    Putin warns nuclear risk is increasing and war in Ukraine is going to ‘take a while’

    Putin warns nuclear risk is increasing and war in Ukraine is going to ‘take a while’

    Trending Tags

    • Lifestyle
      • All
      • Food
      • Health

      Cooking and future risk of all-cause and cardiopulmonary mortality

      Heartland report helps rural communities navigate health care

      Heartland report helps rural communities navigate health care

      This $23 device helps you cook perfect & fish steak every time

      This $23 device helps you cook perfect & fish steak every time

      Turner seeks to make Delphi salaried retirees health care tax credit permanent

      Turner seeks to make Delphi salaried retirees health care tax credit permanent

      Indian Cooking Tips: How To Make Arhar Ki Dal – Recipe Inside

      Indian Cooking Tips: How To Make Arhar Ki Dal – Recipe Inside

      Va. clergy, police and hospitals pitch for change in mental health treatment

      Va. clergy, police and hospitals pitch for change in mental health treatment

      A glimmer of hope at UNC clinic re: long COVID

      A glimmer of hope at UNC clinic re: long COVID

      Trending Tags

      • Entertainment
        • All
        • Sports
        NFL odds Week 14: How to bet Panthers-Seahawks

        NFL odds Week 14: How to bet Panthers-Seahawks

        Philip Morris doesn’t expect much impact on its business from U.S. sanctions on Russia

        Digital Ally rallies on plans to spin off ticketing business to a public company, Kustom Entertainment

        Eagles, Cowboys rise, Chiefs, 49ers fall in Colin’s ‘Herd Hierarchy’

        Eagles, Cowboys rise, Chiefs, 49ers fall in Colin’s ‘Herd Hierarchy’

        The Hollywood Reporter’s 2022 Women in Entertainment Power 100 – The Hollywood Reporter

        The Hollywood Reporter’s 2022 Women in Entertainment Power 100 – The Hollywood Reporter

        World Cup 2022 highlights: Portugal defeats Switzerland, 6-1

        World Cup 2022 highlights: Portugal defeats Switzerland, 6-1

        Tinseltown: Christmas with Ilene Graff | Albany Herald Entertainment

        Tinseltown: Christmas with Ilene Graff | Albany Herald Entertainment

        NBA rights suitors, Bob Iger’s ESPN plans, the volleyball boom and more: Sports Media Mailbag, Part I

        NBA rights suitors, Bob Iger’s ESPN plans, the volleyball boom and more: Sports Media Mailbag, Part I

        Trending Tags

        • Tech
          HydraWell’s industry-first technology paves the way towards rigless operations

          HydraWell’s industry-first technology paves the way towards rigless operations

          Solar Tracker Market Research Report by Technology, Product, Application, Region – Global Forecast to 2027

          Solar Tracker Market Research Report by Technology, Product, Application, Region – Global Forecast to 2027

          Will LGL Group Inc (LGL) Stay at the Top of the Technology Sector?

          Will LGL Group Inc (LGL) Stay at the Top of the Technology Sector?

          Become a Certified Nursing Assistant Through the Chickasaw Institute of Technology

          Become a Certified Nursing Assistant Through the Chickasaw Institute of Technology

          Canadian companies see profits in providing underground water technology to dry Arizona

          Canadian companies see profits in providing underground water technology to dry Arizona

          Technology gap in agriculture | Political Economy

          Technology gap in agriculture | Political Economy

          Snow making at 70 degrees now possible with new technology

          Snow making at 70 degrees now possible with new technology

          Trending Tags

          Sunday, January 29, 2023
          No Result
          View All Result
          • Home
          • News
            • All
            • Business
            • Politics
            • Science
            • World
            The rechargeable battery can be woven and washed, and could provide power for fiber-based electronic devices and sensors. — ScienceDaily

            Scientists modify yeast cell and turn it into a cannabis tracker — ScienceDaily

            How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

            How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

            Stock Market Today: Dow Slips Ahead of Fed Meeting, On Pace To Close Monthly Gains – The Wall Street Journal

            Stock Market Today: Dow Up 100 Points; Nasdaq, S&P 500 Gain in Midday Trading – The Wall Street Journal

            Winter is coming: Are your business clients prepared?

            Winter is coming: Are your business clients prepared?

            Teacher of the Week: Mariah White, special education, Clara Peterson Elementary, Paxton | Education

            Teacher of the Week: Mariah White, special education, Clara Peterson Elementary, Paxton | Education

            Vote tonight could advance process to possibly demolish Danville’s Bresee Tower | Politics

            Vote tonight could advance process to possibly demolish Danville’s Bresee Tower | Politics

            Putin warns nuclear risk is increasing and war in Ukraine is going to ‘take a while’

            Putin warns nuclear risk is increasing and war in Ukraine is going to ‘take a while’

            Trending Tags

            • Lifestyle
              • All
              • Food
              • Health

              Cooking and future risk of all-cause and cardiopulmonary mortality

              Heartland report helps rural communities navigate health care

              Heartland report helps rural communities navigate health care

              This $23 device helps you cook perfect & fish steak every time

              This $23 device helps you cook perfect & fish steak every time

              Turner seeks to make Delphi salaried retirees health care tax credit permanent

              Turner seeks to make Delphi salaried retirees health care tax credit permanent

              Indian Cooking Tips: How To Make Arhar Ki Dal – Recipe Inside

              Indian Cooking Tips: How To Make Arhar Ki Dal – Recipe Inside

              Va. clergy, police and hospitals pitch for change in mental health treatment

              Va. clergy, police and hospitals pitch for change in mental health treatment

              A glimmer of hope at UNC clinic re: long COVID

              A glimmer of hope at UNC clinic re: long COVID

              Trending Tags

              • Entertainment
                • All
                • Sports
                NFL odds Week 14: How to bet Panthers-Seahawks

                NFL odds Week 14: How to bet Panthers-Seahawks

                Philip Morris doesn’t expect much impact on its business from U.S. sanctions on Russia

                Digital Ally rallies on plans to spin off ticketing business to a public company, Kustom Entertainment

                Eagles, Cowboys rise, Chiefs, 49ers fall in Colin’s ‘Herd Hierarchy’

                Eagles, Cowboys rise, Chiefs, 49ers fall in Colin’s ‘Herd Hierarchy’

                The Hollywood Reporter’s 2022 Women in Entertainment Power 100 – The Hollywood Reporter

                The Hollywood Reporter’s 2022 Women in Entertainment Power 100 – The Hollywood Reporter

                World Cup 2022 highlights: Portugal defeats Switzerland, 6-1

                World Cup 2022 highlights: Portugal defeats Switzerland, 6-1

                Tinseltown: Christmas with Ilene Graff | Albany Herald Entertainment

                Tinseltown: Christmas with Ilene Graff | Albany Herald Entertainment

                NBA rights suitors, Bob Iger’s ESPN plans, the volleyball boom and more: Sports Media Mailbag, Part I

                NBA rights suitors, Bob Iger’s ESPN plans, the volleyball boom and more: Sports Media Mailbag, Part I

                Trending Tags

                • Tech
                  HydraWell’s industry-first technology paves the way towards rigless operations

                  HydraWell’s industry-first technology paves the way towards rigless operations

                  Solar Tracker Market Research Report by Technology, Product, Application, Region – Global Forecast to 2027

                  Solar Tracker Market Research Report by Technology, Product, Application, Region – Global Forecast to 2027

                  Will LGL Group Inc (LGL) Stay at the Top of the Technology Sector?

                  Will LGL Group Inc (LGL) Stay at the Top of the Technology Sector?

                  Become a Certified Nursing Assistant Through the Chickasaw Institute of Technology

                  Become a Certified Nursing Assistant Through the Chickasaw Institute of Technology

                  Canadian companies see profits in providing underground water technology to dry Arizona

                  Canadian companies see profits in providing underground water technology to dry Arizona

                  Technology gap in agriculture | Political Economy

                  Technology gap in agriculture | Political Economy

                  Snow making at 70 degrees now possible with new technology

                  Snow making at 70 degrees now possible with new technology

                  Trending Tags

                  No Result
                  View All Result
                  News13Now
                  No Result
                  View All Result
                  Home News World

                  UAE’s DP World commits $1 million to Prince William foundation’s Earthshot Prize finalists

                  by Editor
                  February 11, 2022
                  in World
                  0
                  UAE’s DP World commits $1 million to Prince William foundation’s Earthshot Prize finalists
                  494
                  SHARES
                  1.4k
                  VIEWS
                  Share on FacebookShare on Twitter


                  Shipping containers sit on the dockside at the container terminal operated by DP World Ltd., at the Port of Southampton, in Southampton, U.K., on Wednesday, Nov. 2, 2016.

                  Simon Dawson | Bloomberg | Getty Images Restrictions

                  DUBAI, United Arab Emirates — Global port operator DP World announced a $1 million grant for two of the finalists for the Royal Foundation’s Earthshot Prize, launched by the U.K.’s Prince William, which is awarded for outstanding environmental innovations.

                  The announcement, made at Dubai Expo on Thursday, highlights the push in efforts toward sustainability as tackling climate change and environmental degradation become higher priorities for many governments and companies.

                  “This is the decisive decade,” William said at the Expo site during an event celebrating some of the contest’s finalists. “If we do nothing, by 2030 we’ll be speeding toward increasingly devastating planetary and humanitarian crises as a result of our changing climate. We are still in a race against time.”

                  The five winners of the Earthshot Prize, selected last year, each won £1 million ($1.36 million) from the Royal Foundation in grant money to scale and deploy their ideas. One winner was selected for each of the five award categories: nature restoration, clean air, ocean revival, waste reduction and combatting climate change.

                  During the event this week, five of the top 15 finalists for the Earthshot Prize pitched their ideas on a stage to an audience of investors, philanthropists, CEOs, diplomats and other dignitaries.

                  Prince William photographed in Peterborough, England, on July 16, 2020.

                  Kirsty Wigglesworth -WPA Pool | Getty Images News | Getty Images

                  “We all understand the importance of protecting our planet,” DP World Chairman Sultan Ahmed Bin Sulayem said during the event. “With 90% of global cargo traveling by sea, it is not surprising that protecting the ocean is very close to our hearts.”

                  His company is one of the world’s largest port operators, and has pledged to be net zero for carbon emissions by 2040. The maritime shipping industry accounts for about 3% of carbon emissions globally.

                  ‘We have to find solutions ourselves’

                  The two winners of the $1 million award this week from DP World, which will be split 50-50, were the founders of Coral Vita and Living Seawalls.

                  Coral Vita aims to restore the world’s dying coral reefs, growing coral in high-tech labs in the Bahamas up to 50 times faster than their natural growth speed and then planting them into dying reefs around the world. Living Seawalls, founded by Mariana Mayer Pinto in Australia, develops replicable seawall panels that can revive marine life in areas where ecosystems have died out due to man-made coastal defenses like concrete seawalls.

                  Coral Vita was also one of the five winners of the first Earthshot Prize selected last year.

                  A diver checks the coral reefs of the Society Islands in French Polynesia. on May 9, 2019 in Moorea, French Polynesia.

                  Alexis Rosenfeld | Getty Images

                  “As we wait for our governments and companies to stop killing the coral reefs, we have to find solutions ourselves,” Coral Vita co-founder Sam Teicher told CNBC at the event, explaining that half the world’s vital coral reefs are already dead, and over 90% are projected to die by 2050.

                  In addition to raising $4 million in funding from high-net worth angel investors and venture capital funds, the start-up has also gained revenue from its own business and “grants, prizes, things like the Earthshot Prize and now this commitment from DP World,” Teicher said. “So we’ll eventually be raising our Series A round to try and scale this globally.”  

                  While the five winners of the Earthshot prize were already selected in October of 2021 for the first-ever Earthshot Prize contest, those among the top 15 finalists are still aided by the Royal Foundation in getting their ideas out to investors.

                  ‘People take their calls’

                  David Auerbach co-founded Nairobi-based Sanergy, which develops sanitation products and turns sanitation waste into useable organic fertilizer and insect-based animal feed. He told CNBC that taking part in the Earthshot Prize contest was a significant help in getting exposure.

                  “It’s been great being in the inaugural class” of the award, Auerbach said. “We’ve been getting a lot of support from Prince William and that network which is really exceptional, because people take their calls. And that’s very valuable, because they put their social capital into this, and it really, really helps organizations like ours.”

                  Sanergy is seeking $100 million in investment to scale his company, with 25% in equity and 75% in debt. Auerbach aims to replicate Sanergy’s modular factories, currently operating in Kenya, to other emerging markets like Nigeria, India and Egypt.

                  “We need investors who care above all on how we are able to solve our food and agriculture challenges, as well as care about the environment.”

                  Tackling energy poverty

                  Olubanjo Olugbenga, an Earthshot finalist from Nigeria, spoke at the event about his invention called the Reeddi capsule, which is a battery capsule providing low-cost electricity on a rental basis to homes that don’t have power. Olugbenga grew up in Nigeria without access to power — attending the University of Toronto on a scholarship was the first time in his life that he had consistent electricity.

                  “I observed that even with solar initiatives, people are limited by the cost challenges — people need to buy a system to be able to access electricity. So what we did was eliminate that barrier with our business model,” Olugbenga said. People can just rent the Reeddi capsule for as little as 50 cents per day based on their needs.” Hundreds of the capsules are currently being used in western Nigeria, he said.

                  Reeddi has received funding from Shell, which supports some clean energy initiatives in Nigeria, along with Olugbenga’s alma mater the University of Toronto, investors in the U.S. and Nigeria, and other institutions. He is seeking an additional $5 million this year to scale manufacturing operations and increase the number of Reeddi units from several hundred, to hundreds of thousands.

                  “Imagine what is possible if we could change the circumstances of millions of people who are energy poor,” he said, adding that Reeddi’s revenue has tripled since being a part of the Earthshot Prize contest.

                  “The exposure gave us a lot of access that we are trying to leverage to take our product to the next level.”



                  Source link

                  Tags: commitsEarthshotfinalistsfoundationsMillionPrinceprizeUAEsWilliamWorld
                  Share198Tweet124Share49
                  Editor

                  Editor

                  ‘It’s getting out of hand’ – Baltimore Sun

                  ‘It’s getting out of hand’ – Baltimore Sun

                  May 29, 2022
                  LIVE UPDATES: 2021 MTV VMAs

                  LIVE UPDATES: 2021 MTV VMAs

                  September 12, 2021
                  Protesters briefly shut down Golden Gate Bridge, calling on Democrats to support undocumented immigrants

                  Protesters briefly shut down Golden Gate Bridge, calling on Democrats to support undocumented immigrants

                  September 30, 2021
                  Pot decriminalization brings sweeping enforcement changes | Govt-and-politics

                  Education notebook: Indigenous Tulsa-area graduating seniors honored | Education

                  June 14, 2021
                  How Is Technology Growing the Cannabis Industry?

                  How Is Technology Growing the Cannabis Industry?

                  October 24, 2022
                  WHOOP Valued at $3.6 Billion, Raises $200 Million to Expand Technology

                  WHOOP Valued at $3.6 Billion, Raises $200 Million to Expand Technology

                  September 2, 2021
                  Terence Crawford defeats Shawn Porter by 10th-round TKO to retain welterweight title

                  Terence Crawford defeats Shawn Porter by 10th-round TKO to retain welterweight title

                  November 21, 2021

                  TN lawmakers react to Governor Lee’s education funding proposal

                  February 3, 2022

                  Nicklaus: Ex-minor leaguer and software entrepreneur team up in youth-sports startup | business

                  October 15, 2021

                  Democrats Bet That Legislative Success Will Bring Political Rewards

                  September 6, 2021

                  Caesars Entertainment 3Q Revenue Beats Expectation, Swings to Profit

                  November 1, 2022

                  Militaries Around the World Are ‘Severely Underreporting’ Carbon Emissions, Researchers Say

                  November 10, 2021

                  Covid-19 live updates: America hits 150 million fully vaccinated, says White House – The Washington Post

                  June 22, 2021

                  Businesses feeling the love of Charles Town Now event | Journal-news

                  February 9, 2021

                  2021 World Tour Championship: Live stream, Race to Dubai TV schedule, tee times for European Tour finale

                  November 19, 2021

                  CBS Sports’ 3-round mock draft

                  March 15, 2022
                  News13Now

                  News 13 Now!

                  Categories

                  • Business
                  • Entertainment
                  • Food
                  • Health
                  • News
                  • Politics
                  • Science
                  • Sports
                  • Tech
                  • World

                  Recent News

                  The rechargeable battery can be woven and washed, and could provide power for fiber-based electronic devices and sensors. — ScienceDaily

                  Scientists modify yeast cell and turn it into a cannabis tracker — ScienceDaily

                  December 8, 2022
                  How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

                  How to Watch Argentina Vs. Netherlands in 2022 FIFA World Cup Quarterfinals – NBC10 Philadelphia

                  December 8, 2022

                  Copyright © 2022 The Blakeslee Group, Inc.

                  No Result
                  View All Result
                  • Home
                  • Entertainment
                    • Gaming
                    • Movie
                    • Music
                    • Sports
                  • Lifestyle
                    • Fashion
                    • Food
                    • Travel
                    • Health
                  • News
                    • Business
                    • Politics
                    • Science
                    • World
                  • Tech
                    • Apps
                    • Gadget
                    • Mobile

                  Copyright © 2022 The Blakeslee Group, Inc.