EasyMining and Ragn-Sells highlight circular solutions at COP29
After two weeks of intense discussions, seminars and collaboration, COP29 in Baku has come to an end, marking important progress toward a sustainable future. Together with Ragn-Sells, EasyMining contributed to advancing the conversation on circular solutions for critical resources such as nutrients, emphasising the importance of sustainable approaches to global challenges.
28 Nov 2024One of COP29's most notable outcomes was the agreement on the New Collective Quantified Goal on climate finance (NCQG). Developed countries pledged to provide at least $300 billion annually until 2035 to support developing nations in combating and adapting to climate change. This public funding is expected to catalyse private investments, potentially reaching $1.3 trillion.
Despite the progress, concerns remain about whether the funding will meet the scale of the crisis.
Circular solutions for nutrients and resources
EasyMining highlighted the urgent need to recover and reuse finite nutrients like phosphorus and nitrogen, essential for food production and critical for reducing dependency on virgin raw materials.
– Recycling nutrients like phosphorus and nitrogen is crucial for the global food system. We are developing technologies to recover these essential elements from waste streams, enabling them to be reused over and over again in a sustainable cycle, said Jan Svärd, CEO of EasyMining.
These innovative technologies align with Article 6 of the Paris Agreement, supporting climate mitigation and resource efficiency through international collaboration.
Ragn-Sells (EasyMining’s parent company) contributed to the conference by hosting sessions and engaging stakeholders to promote circular solutions. The company emphasised the importance of transforming waste into resources through cutting-edge technology.
Looking ahead, the outcomes of COP29 provide a foundation for COP30 in Brazil, where discussions are expected to focus on implementing Article 6 and strengthening nations’ climate commitments.
