News

6th July 2018

NACAG at CUBAINDUSTRIA in La Habana

The 3rd edition of the International Industrial Fair CUBAINDUSTRIA took place from 18th to 22th June 2018 in La Habana, Cuba. During this event all relevant sectors of the Cuban industry were represented. Cuban and international companies had the opportunity to show new products and talk about challenges and opportunities. A representative from the NACAG…

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2nd July 2018

Second NACAP Webinar on July 3 – Register now!

The Nitric Acid Climate Auctions Program (NACAP) Secretariat is organizing a series of webinars to inform about the auction. The next webinar will take place on July 3 2018, from 9 am to 10.30 am EST. You can register under the following link: http://www.worldbank.org/en/programs/climate-auctions-program#3.

28th May 2018

NACAP auction planned for winter or spring 2019

The Nitric Acid Climate Auctions Program (NACAP) has released details on the upcoming auction of options to sell eligible nitrous oxide emission reductions from nitric acid plants. The NACAP is planning to hold at least one reverse auction in the winter or spring 2019 to sell put options which would give the option holder the right,…

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24th May 2018

NACAG Workshop at the Innovate4Climate Conference on May 22, 2018 “Transferring the NACAG Approach to Support Climate Action”

At this year’s Innovate4Climate Conference, the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) organized a workshop called “Global Cooperation for Transformative Change and Ambition Raising”.  In the workshop, panelists discussed the NACAG approach and its transferability to other sectors. In his speech, Dr. Karsten Sach (Head of Division for International…

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7th March 2018

Tunisia first country to sign Statement of Undertaking

The Tunisian Minister for the Environment, Mr. Riadh Mouakher, signed the official Statement of Undertaking of the Nitric Acid Climate Action Group at a NACAG Workshop held in Tunis on 28 February 2018. By signing this document, Tunisia is committing itself to phase out nitrous oxide emissions from nitric acid production and permanently ensure the…

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21st February 2018

NACAG Workshop in Mexico City successfully brings together government and private sector stakeholders

In cooperation with the Mexican Ministry for Environment (SEMARNAT) and the Mexican Chemical Industry Association (ANIQ), the NACAG Secretariat organized a technical workshop in Mexico City on 12 February 2018. The workshop’s intention was to inform about NACAG, including the different financing programs implemented by GIZ and the World Bank, respectively, and to initiate a…

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6th February 2018

NACAG Support Facility Now Officially Open for Applications

The NACAG Secretariat has now published two important documents: the Grant Application Notice and the Statement of Undertaking. The Grant Application Notice is the basis for official applications by nitric acid producers for financial assistance from the NACAG Support Facility for their activities to abate nitrous oxide emissions. Starting today, plant operators can officially apply for…

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16th November 2017

World Bank announces collaboration with NACAG

At the Side Event dedicated to the NACAG at COP23 in Bonn on Nov 10 2017, the World Bank Group officially announced its collaboration with the NACAG initiative. Speaking at the event, the World Bank’s Director of Climate Change, James Close, declared that the World Bank would be supporting the goals of the NACAG through…

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6th November 2017

Side Event at COP23

At COP23 in Bonn, the NACAG Secretariat is organizing a Side Event on “The Nitric Acid Climate Action Group: Paving the Way for a Sector-wide Transformation”. The side event will take place on Friday November 10, from 3:30 – 4:00 pm at the German Pavilion in the Bonn-Zone. Speakers from the German Federal Ministry for…

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13th September 2017

Tunisia Launches Study on Post-2020 Financing Options

As part of their effort to pursue the sustainable and long-term abatement of nitrous oxide emissions from nitric acid production, the Tunisian government has commissioned a study to explore options to finance abatement after 2020. NACAG is ready to finance abatement in partner countries until the end of 2020. However, countries which want to access…

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