{"id":48937,"date":"2023-12-08T12:30:39","date_gmt":"2023-12-08T12:30:39","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour"},"modified":"2023-12-08T12:53:03","modified_gmt":"2023-12-08T12:53:03","slug":"nilepet-to-develop-climate-friendly-business-strategy-amour","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour","title":{"rendered":"NilePet to develop climate-friendly business strategy \u2013 Amour"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>Nile Petroleum Corporation Managing Director said the oil firm will soon develop a new business strategy to align itself with the global community regarding carbon emission reduction by 2050 or beyond.<\/p>\n<p>Eng. Bernard Amour jetted back to the country on Wednesday from Dubai where he attended the United Nations Climate Change Conference \u2013 COP28.<\/p>\n<p>Addressing a press conference in Juba, Amour said the new business strategy will help the country access the climate change funding being offered around the world for green energy.<\/p>\n<p>\u201cOf course, it requires us now to realign ourselves globally and be able to operate in a very efficient and environmentally friendly manner,\u201d he said.<\/p>\n<p>Burning fossil fuels for energy is by far the biggest cause of climate change, according to several studies.<\/p>\n<p>But fossil fuel reportedly remains the engine of modern life and produces around 80% of the world\u2019s energy \u2013 even with the growth of renewable energies.<\/p>\n<p>Although South Sudan\u2019s carbon emission is negligible, the country ranks third in oil reserves in Sub-Saharan Africa with roughly 3.5 billion barrels produced annually. It also has its 90% of the gas and oil reserves untapped.<\/p>\n<p>The COP28 conference has pledged a $30 billion fund for global climate solutions that aims to attract $250 billions of investment by the end of the decade, UAE President Mohammed bin Zayed Al Nahyan said.<\/p>\n<p>The parties to COP also pledged $700 million in funding to help lower-income countries cope with the loss and damage caused by climate change.<\/p>\n<p>Mr. Amour further said the oil firm will explores ways to develop a new market for green energy and how to have access to the current funding that has been offered around the world for green energy.<\/p>\n<p>At COP28, NilePet participated in two sessions; the session on the elimination of methane gas and how to refocus in developing countries on the best modalities of decarbonization.<\/p>\n<p>He said that even though South Sudan is not emitting significant carbon emissions, the country is committed to ensuring that it maintains its emissions target of 2030.<\/p>\n<p>\u201cIn the case of South Sudan and other developing countries, we are looking beyond 2050 because our emission contribution is not significant enough.\u201d<\/p>\n<p>\u201cHowever, as part of the global community, we have to be in compliance and be able to build modalities and business strategies leaning towards decarbonization and obviously meeting the targets for the 2030 emission charter.\u201d<\/p>\n<p>COP means Conference of Parties, and it is the United Nations climate change initiative aimed at ensuring that the global temperature is kept to a level that is acceptable to humankind.<\/p>\n<p>This year\u2019s conference was attended by heads of state, ministers, and national oil companies\u2019 CEOs across the world.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Sudan. Nile Petroleum Corporation Managing Director said the oil firm will soon develop a new business strategy to align itself with the global community regarding carbon emission reduction by 2050 or beyond. Eng. Bernard Amour jetted back to the country on Wednesday from Dubai where he attended the United Nations Climate Change Conference [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":48935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,12],"tags":[234,265,233],"class_list":["post-48937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-policy","tag-africa-press","tag-africa-press-south-sudan","tag-south-sudan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NilePet to develop climate-friendly business strategy \u2013 Amour - South Sudan<\/title>\n<meta name=\"description\" content=\"Nile Petroleum Corporation Managing Director said the oil firm will soon develop a new business strategy to align itself ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NilePet to develop climate-friendly business strategy \u2013 Amour\" \/>\n<meta property=\"og:description\" content=\"Nile Petroleum Corporation Managing Director said the oil firm will soon develop a new business strategy to align itself ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-08T12:30:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-08T12:53:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/12\/sm_1702027305.143809.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NilePet to develop climate-friendly business strategy \u2013 Amour\",\"datePublished\":\"2023-12-08T12:30:39+00:00\",\"dateModified\":\"2023-12-08T12:53:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\"},\"wordCount\":456,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/12\/sm_1702027305.143809.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/nilepet-to-develop-climate-friendly-business-strategy-amour\",\"name\":\"NilePet to develop climate-friendly business strategy \u2013 Amour - 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