Petronas, Mercedes F1 Team Launch Program On CCS In Mangrove Ecosystem

BusinessToday

12 hours ago

PETRONAS and the Mercedes-AMG PETRONAS F1 Team have announced a new collaboration to launch the Blue Carbon Collective, a South-South research initiative focused on advancing knowledge exchange and research into carbon capture and storage within mangrove ecosystems. The Collective will build upon existing cooperation between the University of São Paulo (USP) in Brazil and Universiti Putra Malaysia (UPM), fostering critical resource sharing and collaboration between the two Southern Hemisphere nations.
The five-year collaboration is expected to generate vital research data that will aid in advancing global carbon emissions reduction strategies, contribute to mangrove conservation efforts, and create local job and business opportunities. The Mercedes-AMG PETRONAS F1 Team will support these research activities, underscoring their commitment to raising environmental awareness.
Tan Sri Tengku Muhammad Taufik, President and Group CEO of PETRONAS, stated during the launch, 'Together with our partners, we believe that the Blue Carbon Collective is an important research initiative that enables the global community to further unlock the potential of mangroves in mitigating risks of climate change.'
The Blue Carbon Collective will directly support Yayasan PETRONAS' One Million Trees Programme, an ecosystem restoration and community development initiative. Under this program, 100,000 mangrove trees are slated for planting in the Sungai Santi Forest Reserve in Johor, Malaysia, to rehabilitate degraded areas. To date, 20,000 mangrove seedlings have already been planted by local communities.
Toto Wolff, Team Principal & CEO of Mercedes-AMG PETRONAS F1 Team, commented, 'We are in the business of sustainable high performance and the ways in which we push boundaries in our world is underpinned by research and innovation. We are pleased to contribute to this important South-South study which will help to advance the global understanding of blue carbon and the role mangroves can play in nature-based climate solutions.' Related