On December 4, 2023, in Dubai, Wuhan University and Blue Sky Carbon International co-hosted the 'Africa Carbon Initiative and Carbon Alliance' Technology Aid Action on the Global Climate Action & Tech Innovation Hub (CTI Hub) platform, initiated by SinoCarbon in collaboration with the World Business Council for Sustainable Development (WBCSD). Amina Mohanmed, former UN Deputy Secretary-General and Chair of the UN Sustainable Development Group, announced the formal establishment of the alliance. Wuhan University and the East African International University, as initiating and leading institutions of the alliance, presented the collaborative content. The event was witnessed by more than 80 guests and organizations from over ten countries worldwide.
Conference Theme: 'ITMO Trading and the Technological Advantages of Laser Radar Remote Sensing Satellites, and Their Positive Impact on Global Carbon Trading.'
Former UN Deputy Secretary-General and Chair of the UN Sustainable Development Group, Amina Mohanmed, announced the formal establishment of the alliance. Wuhan University and the East African International University, as initiating and leading institutions of the alliance, presented the collaborative content. The event was witnessed by more than 80 guests and organizations from over ten countries worldwide.
Attendees at the conference
Satellite Remote Sensing and Lidar Technology Leading the Global Technological Frontier.
The theme of this conference is 'ITMO Trading and the Technological Advantages of Lidar Remote Sensing Satellites, and Their Positive Impact on Global Carbon Trading.' During the conference, Professor Gong Wei, Vice President of Wuhan University, showcased the latest breakthroughs in measuring forest carbon sinks using emerging technologies such as satellite remote sensing, lidar, and artificial intelligence. This globally leading revolutionary technology provides reliable, accurate, and affordable measurement results for forest carbon sinks. It serves as a scientific basis and a viable path for future improvement in the management of forest carbon sinks, sustainable development, and carbon credit certification.
Professor Gong Wei, Vice President of Wuhan University, delivered a speech.
The comprehensive cooperation signing ceremony highlights the depth of international collaboration.
Blue Sky Carbon company has signed comprehensive agreements for forest carbon sink development and management with the governments of Uganda and the Democratic Republic of Congo. The collaboration includes providing support in satellite remote sensing technology and the GFCR (Global Forest Carbon Registry) data management platform, offering comprehensive technical and managerial support for sustainable carbon trading. The cooperation has drawn significant attention from attendees, with several investment institutions, including Goldman Sachs and Temasek, expressing strong interest.
The collaboration signing ceremony
The guests expressed their key viewpoints.
At the conference, speakers including Blue Sky Carbon CEO Charles Cheng, former FAO official Alan Bojanic from the United Nations, and Tang Renhu, Co-Director of the Nagoya University-SinoCarbon Carbon Neutrality and Innovation Laboratory, shared their insights on the advantages of 'ITMO trading and the technology of laser radar remote sensing satellites' and its positive impact on global carbon trading.
Tang Renhu, Co-Director of the Nagoya University-SinoCarbon Carbon Neutrality Innovation Laboratory
Eco-Innovation Leading Sustainable Development
Blue Sky Carbon has also introduced a practical and sustainable tree-planting solution, utilizing seed discs made from lake weeds. This innovative approach not only improves aquatic environments but also enhances the speed and efficiency of reforestation efforts, offering a viable solution for environmental restoration and carbon trading.
Looking ahead, actively addressing global warming challenges for the future.
Blue Sky Carbon is committed to collaborating with partners in Africa, South America, and globally to address the challenges of global warming while protecting the environment. Leveraging the core technology of Wuhan University and a leading global cooperation network, the company engages in various collaborative initiatives, including providing satellite remote sensing technology support and offering a support system for the GFCR data management platform, which integrates monitoring, certification, inspection, and issuance. The company is at the forefront of providing leading solutions for environmental restoration and sustainable development, aligning with 11 of the 17 United Nations Sustainable Development Goals and demonstrating its leadership in addressing climate change and forest carbon inventory. By tightly integrating technology and environmental protection, Blue Sky Carbon is paving the way for future carbon trading and environmental sustainability.
Global Forestry Carbon Registry: Innovative Response to Climate Change under Article 6.2 of the Paris Agreement with Satellite Technology Assistance
Blue Sky Carbon, in collaboration with Jianxin Fintech Corporation, has developed the Global Forestry Carbon Registry (GFCR) system, a high-tech platform that integrates satellite surveying and mapping data from Wuhan University. This innovative system supports the monitoring, certification, and registration of forest carbon sinks in accordance with the criteria of Article 6.2 of the Paris Agreement. It not only provides a secure pathway for participants to fulfill their nationally determined contributions (NDC) through the international transfer of emission reductions (ITMOs) transactions but also facilitates the implementation of collaborative climate change mitigation initiatives.
Key Highlights
Global Leading Application of Satellite Remote Sensing and Lidar Technology
• Professor Gong Wei, Vice President of Wuhan University, showcased the latest breakthroughs in measuring forest carbon sinks using emerging technologies such as satellite remote sensing, lidar, and artificial intelligence.
•This globally leading revolutionary technology delivers reliable, accurate, and affordable measurements of forest carbon sinks. It provides a scientific basis and feasible path for improving the management of forest carbon sinks, continuous development, and certification of carbon credit limits in the future.
Comprehensive Collaboration Signing Ceremony
•Blue Sky Carbon signed a comprehensive forest carbon sink development and management agreement with the governments of Uganda and the Democratic Republic of Congo.
•The collaboration encompasses satellite remote sensing technology support and support for the GFCR data management platform.
Blue Sky Carbon conducted six collaborative signing ceremonies.
1. Wuhan University and East African University jointly initiated the "African Carbon Initiative Alliance" agreement.
2.Blue Sky Carbon signed a comprehensive agreement with the Ugandan government for the development and management of forest carbon sinks.
3. Blue Sky Carbon signed a comprehensive cooperation agreement with the Democratic Republic of Congo government in the field of forest carbon sink development and management.
4. Blue Sky Carbon signed a carbon asset management cooperation agreement with the King of Toro in Uganda.
5. Singaporean company Granda International Private Limited signed a carbon sink purchase agency agreement with Blue Sky Carbon.
6. Japanese company Metal Solution Provider signed a carbon sink purchase agency agreement with Blue Sky Carbon.