Safran Invests 45B in French Lowcarbon Brake Plant

Safran Invests 45B in French Lowcarbon Brake Plant

Safran is building a carbon brake production plant near Lyon, France, with an investment of €450 million, set to start operations by 2030. The new facility will utilize low-carbon electricity to achieve zero emissions and is expected to increase production by 25% by 2037. This project reflects the company's sustainable development strategy in the aviation manufacturing sector.

ICC Bolsters Role in Global Trade Governance

ICC Bolsters Role in Global Trade Governance

The International Chamber of Commerce (ICC) actively engages in global trade governance, advocating for support of the multilateral trading system, particularly for the development of micro, small, and medium enterprises (MSMEs). The ICC urges nations to reduce trade barriers and enhance the competitiveness of MSMEs to achieve sustainable economic development.

ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.

Worlds First Green Marine Ammonia Bunkering Operation Completed

Worlds First Green Marine Ammonia Bunkering Operation Completed

Envision Energy has announced the successful completion of the world's first green marine ammonia refueling operation, marking a significant milestone in the fuel's application in the shipping industry. Produced from renewable energy, green ammonia will help reduce emissions in the shipping sector and promote sustainable development. Despite facing technical and safety challenges, this innovation provides a clear direction for the future transformation of shipping.