Zero Carbon Ventures and Green Planet agree to Egypt joint venture

  • Date: 08-Feb-2024
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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Zero Carbon Ventures and Green Planet agree to Egypt joint venture



Ground-breaking organic waste to value project plan unveiled The new venture will develop, test and scale innovative technologies across the region Project design shortlisted for high profile UK ‘Engineering Matters’ Award Cairo, Egypt: Zero Carbon Ventures, an Abu Dhabi based pioneer in emission reduction technologies and solutions development, is thrilled to announce a joint venture with Green Planet for Sustainable Environmental Solutions, part of the prestigious Egyptian Special Group for Trading and Investment J.S.C. Zero Carbon Green Planet (ZCGP), to be incorporated in Abu Dhabi Global Markets (ADGM), represents a collaboration more than just a project partnership, it underlines a broader commitment to work together on a building a sustainable future and a strategic net zero agenda in Egypt. At the heart of ZCGP's pioneering plans is a novel, patent-pending high technology system, designed by Zero Carbon Ventures to tackle waste gas on landfills and organic waste streams at an unprecedented scale. The award nominated system processes waste methane, a notorious greenhouse gas, and organic waste, turning it into profitable revenue streams such as graphene, hydrogen, fertilizers and other valuable commodities. By 2025 the first phase of project at the 15 May landfill site will be operational. The accelerated timeline