Go Green

Icelandic Business Delegation at COP28 Calls for Greater Global Collaboration to Accelerate Green Energy Transition and Scale Up Carbon Neutral Solutions

At this year’s COP28, Green by Iceland is coordinating, in close cooperation with the Icelandic Ministry of Environment, Energy and Climate, the participation of the Icelandic business delegation, which comprises eighteen companies from the Icelandic energy, green solutions and innovation sectors.

The companies representing the business delegation are attending COP28 to contribute to the climate dialogue, share Icelandic solutions, expertise and knowledge and explore opportunities for investments, collaboration and partnerships which can help speed up the green energy transition and the path towards carbon neutrality world-wide.

For more information on the delegation, collaboration and partnership opportunities: Contact Us

Read all about the Icelandic companies here

Green by Iceland events

• 2nd December 9:30 - 10:15 - Nordic Pavilion
  Nordic Private Public Partnerships: Sustainable Collaboration Driving Environmental Progress in Climate Innovation
  
  This forum will explore the effectiveness of a unified approach that bridges the public and private sectors, fostering more impactful, coordinated, and sustainable measures for combating climate change. Find out more
  
• 5th December 12:00 - 12:45 - Nordic Pavilion
  Empowering the future: How diversity and equality lays the foundation for a just and sustainable energy transition
  
  The forum aims to explore the critical link between gender equality and diversity and the success of climate goals, shedding light on the untapped benefits and fresh perspectives that a more diverse approach can bring to the forefront. Find out more
  
  
• 6th December 9:30 - 10:15 - Norway Business Pavilion
  Accelerating Carbon Neutrality: Nordic Innovations in CCUS Technology
  
  The event puts the spotlight on the maturity and potential of Carbon Capture, Utilization and Storage technologies in accelerating and scaling up towards the world’s net zero objectives. Find out more
  

Business Delegation Participation in COP28 Pavilions

Arctic Green Energy

• December 5th, 10:00 - Estonian Pavilion
  Maintaining the Energy Trilemma: Securing Clean Energy at Affordable Rates.

Running Tide

• December 8th, 17:15 - 18:00 - Nordic Pavilion
  Let’s bridge the gender divide in green jobs: Reimagining solutions for a green and gender-equal labor market
  
• December 9th, 11:00 - 12:00 - Ocean Pavilion
  Effective and Actionable Governance Frameworks for Marine Carbon Dioxide Removal
  
• December 10th, 14:00 - 15:00 - Ocean Pavilion
  Advancing the Policy Landscape for Responsible Marine Carbon Dioxide Removal
  

The 2023 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly referred to as COP28, will be the 28th United Nations Climate Change conference, held from November 30 until December 12, 2023, at the Expo City, Dubai

At the COP28, Iceland would like to spotlight the potential of geothermal to the world and technologies in carbon capture utilization and storage

Over 50% of the world’s energy goes toward heating and cooling. The direct use of geothermal presents a compelling opportunity for many countries to accelerate the green transition and gain more energy security using local and sustainable resources. Iceland’s energy model exemplifies how geothermal can be utilized successfully for the most significant impact. Low-temperature geothermal exists in many parts of the world and can be harnessed directly and is ideal for district heating and cooling systems. These systems significantly reduce carbon emissions, stimulate new business opportunities, and contribute to the health and well-being of communities.  

Iceland has also evolved the cascading use of geothermal resources and developed unique applications through “circular parks.” Here, one company's waste stream becomes a valuable resource for another.

CCUS will be an essential part of the global toolkit toward a carbon-neutral future. Iceland has been at the forefront of innovation of groundbreaking technologies, enabling industries and countries to offset their carbon emissions much faster and sustainably. In Iceland, carbon is scrubbed from the emission stream, sucked from the atmosphere, and utilized to produce value, such as for food and methanol, and also pumped underground, where the CO2 mineralizes and transforms into rock. Many of these solutions have now been tried and tested already in Iceland and are ready to be scaled up.
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