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# ⛰️ Enviro Futures #12
- URL: https://newsletters.qs.com/enviro-futures-12/
- Published: 2024-10-14T11:30:49.000Z
- Updated: 2024-10-14T11:30:48.000Z
- Description: HolonIQ's Enviro Newsletter covers the latest developments in food systems, oceans and water, air quality, forestry and fishing, and wood and paper and highlights the week's top environment deals.
- Author: QS
- Tags: Green Skills

**Happy Monday 👋** 

The UAE launched a [comprehensive environmental initiative](https://gulfbusiness.com/uae-launches-plant-the-emirates-programme/?ref=newsletters.qs.com) to promote sustainable agriculture, environmental protection, and green spaces. Greece is exploring [renewable desalination projects](https://www.euronews.com/green/2024/10/08/renewable-desalination-projects-could-solve-greek-water-scarcity-crisis?ref=newsletters.qs.com), while political unrest in West Africa [hinders climate action plans](https://dialogue.earth/en/climate/political-tension-in-west-africa-puts-vital-climate-action-at-risk/?ref=newsletters.qs.com). Marine Fund Scotland awarded [$18.3 million](https://www.fishfarmermagazine.com/2024/10/07/marine-fund-scotland-announces-latest-grant-decisions/?ref=newsletters.qs.com) to support aquaculture innovation, including a salmon feeding trial and net cleaning technology. [Rising sea temperatures](https://www.eco-business.com/news/warming-fuels-cyclones-cloudbursts-across-asia/?ref=newsletters.qs.com) in Asia are intensifying cyclones and cloudbursts. US wood pellet [exports decreased](https://biomassmagazine.com//articles/usda-us-wood-pellet-exports-at-775857-metric-tons-in-august?ref=newsletters.qs.com) in August. Entosystem, a Canadian insect protein and organic fertilizer producer, secured [$58 million](https://www.finsmes.com/2024/10/entosystem-raises-58m-in-funding.html?ref=newsletters.qs.com) in funding. 

## **🌱** Food Systems  

**🌱 UAE launches 'Plant the Emirates' environmental initiative.** UAE launched the ['Plant the Emirates' program](https://gulfbusiness.com/uae-launches-plant-the-emirates-programme/?ref=newsletters.qs.com), which is expected to increase green spaces, promote environmental protection efforts, and encourage agriculture in the UAE.

**🧪 UK regulators awarded $2M to develop a safety testing regime for lab-grown meat.** The Food Standards Agency and Food Standards Scotland were awarded [$2M](https://www.businessgreen.com/news/4367617/lab-grown-meat-uk-regulators-awarded-gbp-develop-product-safety-testing-regime?ref=newsletters.qs.com) to develop criteria for ensuring cultivated meat products are safe to eat.

## 🌊 Oceans and Water  

**💧 Greece, Explores Renewable Desalination to Address Water Scarcity.** Greece is considering [renewable desalination projects](https://www.euronews.com/green/2024/10/08/renewable-desalination-projects-could-solve-greek-water-scarcity-crisis?ref=newsletters.qs.com) to address water scarcity concerns, particularly on islands facing insufficient rainfall and strained aquifers.

**💧 Water Crisis in Afghanistan.** Afghanistan's [water infrastructure was crippled](https://www.eco-business.com/news/disease-and-malnutrition-stalk-water-scarce-afghanistan/?ref=newsletters.qs.com) due to three years of drought, a new regime, and the loss of skilled workers, leading to increased water prices and the spread of disease.

## ♻️ Environmental Services

## 

**🌪️ Political Instability Threatens Climate Action in West Africa's Sahel Region.** Political tensions and military coups in West Africa are [putting vital climate action at risk](https://dialogue.earth/en/climate/political-tension-in-west-africa-puts-vital-climate-action-at-risk/?ref=newsletters.qs.com) in the Sahel region, where temperatures are rising faster than anywhere else on Earth, threatening the region's unified climate strategy.

**💷 UK Government's $28.8 Billion CCS Investment.** The UK government announced a [**$28.8B** investment](https://carboncredits.com/uks-22-billion-carbon-capture-and-storage-plan-a-bold-step-or-a-fossil-fuel-trap/?ref=newsletters.qs.com) into carbon capture and storage (CCS) projects. This move aims to achieve net zero emissions, but critics argue it could prolong the country's reliance on fossil fuels.

**💰 Climate Loss and Damage Fund Drying Up Ahead of COP29\.** The Climate Loss and Damage Fund, which [received pledges of $650 million](https://www.greenqueen.com.hk/cop29-climate-change-loss-and-damage-fund-baku-finance/?ref=newsletters.qs.com) from rich countries last year, is running out of funds as new pledges have dried up ahead of the COP29 climate conference.

**🛢️ BP and Equinor Receive $5.2B for Net Zero Teesside Project.** Energy giants BP and Equinor are among the recipients of a [$5.2B investment](https://carbonherald.com/bp-and-equinor-among-recipients-of-28-5b-uk-ccus-investment/?ref=newsletters.qs.com) for the Net Zero Teesside project, which will be built in North East England.

## 💨 Air Quality 

## 

**💨 Malaysia Proposes Emissions Trading Scheme in Draft Climate Change Bill.** Malaysia has[ proposed a draft climate change bill](https://www.eco-business.com/news/malaysias-draft-climate-change-bill-seeks-to-establish-emissions-trading-scheme/?ref=newsletters.qs.com) that seeks to establish an emissions trading scheme. The bill aims to set emissions thresholds for organizations, starting with hard-to-abate sectors or large emitters and grants power to the environment ministry.

**🌪️ Warming Fuels Cyclones, Cloudbursts Across Asia.** The warming seas around the Asia Pacific region are fueling cyclones and cloudbursts with moisture, making [Asia the hardest hit region](https://www.eco-business.com/news/warming-fuels-cyclones-cloudbursts-across-asia/?ref=newsletters.qs.com) by warming-related weather and water events.

## 🐟 Forestry and Fishing

## 

**🌳 Australia Hosts Inaugural Global Nature Positive Summit.** Australia is hosting the [inaugural Global Nature Positive Summit](https://reneweconomy.com.au/australia-is-hosting-a-world-first-nature-positive-summit-what-is-it-and-why-does-it-matter/?ref=newsletters.qs.com), a world-first event focused on addressing biodiversity loss and ecosystem collapse, which are among the biggest threats facing the world.

**🎣 Marine Fund Scotland Grants Support Aquaculture Projects.** Marine Fund Scotland announced grants totaling [$18.3m](https://www.fishfarmermagazine.com/2024/10/07/marine-fund-scotland-announces-latest-grant-decisions/?ref=newsletters.qs.com) to support projects in marine industries and coastal communities, including a trial for a new salmon feeding system for Cooke Scotland and a service station for cleaning fish farming nets.

**🐟 $2m secured for fish health research by SAIC.** The Sustainable Aquaculture Innovation Centre (SAIC) has [secured $2m](https://www.fishfarmermagazine.com/2024/10/07/1-6m-secured-for-fish-health-research/?ref=newsletters.qs.com) to fund three projects aimed at addressing threats to farmed fish health from micro-jellyfish, harmful algal blooms, and proliferative kidney disease.

## 📓 Wood and Paper

## 

**🪵 US Wood Pellet Exports Decline in August.** The USDA reported that [US wood pellet exports fell](https://biomassmagazine.com//articles/usda-us-wood-pellet-exports-at-775857-metric-tons-in-august?ref=newsletters.qs.com) to 775,856.9 metric tons in August, down from the previous month and August 2023.

## **💰** Environment Deals  

**🪱 Entosystem Raises $58 Million in Funding.** Entosystem, a company that produces insect proteins and organic fertilizers, [raised $58 million](https://www.finsmes.com/2024/10/entosystem-raises-58m-in-funding.html?ref=newsletters.qs.com) in funding.

**🌱 Swiss agtech startup xFarm Technologies raises $39 Million Series C for AI-powered sustainable agriculture.** Swiss agtech startup xFarm Technologies, which focuses on digitalization of the agri-food sector, has [raised $39 million](https://igrownews.com/xfarm-technologies-expands-its-footprint-in-europe-with-strategic-acquisitions/?ref=newsletters.qs.com) in Series C funding to make agriculture more sustainable with AI.

**💨 1PointFive Secures $36 Million DOE Funding for Carbon Sequestration Hubs.** 1PointFive, an organization involved in carbon sequestration, has received [$36 million in funding](https://carbonherald.com/1pointfive-carbon-sequestration-hubs-secure-36m-in-doe-funding/?ref=newsletters.qs.com) from the U.S. Department of Energy (DOE) for its Bluebonnet and Magnolia Sequestration Hubs.

**🍖 La Vie raises $27 Million in latest funding round to boost growth.** La Vie, a plant-based meat manufacturer, [raised $27 million](https://www.thegrocer.co.uk/news/french-plant-based-pork-company-la-vie-raises-25m-in-latest-funding-round-to-boost-growth/696345.article?ref=newsletters.qs.com) in its latest funding round, bringing the total raised in the last three years to $54 million despite a drop in investments in the food tech sector.

**🏭 Rotterdam's Paebbl Raises $25 Million Series A to Turn CO2 into Carbon-Storing Materials.** Paebbl, a Rotterdam-based company [raised $24.9 million](https://thenextweb.com/news/carbon-removal-startup-paebbl-funding?ref=newsletters.qs.com) in Series A funding to develop its technology for converting captured CO2 into permanent, carbon-storing materials.

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**Thank you for reading. Have a great week ahead!**  
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