EKI Energy Services Limited and Shell Overseas Investments BV join hands to launch Joint Venture for Carbon Emission Reduction through Nature-based Solutions in India – EQ Mag Pro
Indore (India) : World’s leading Carbon Credit Developer and Supplier, EKI Energy Services Limited, and Shell Overseas Investments BV, a unit of Royal Dutch Shell plc, today signed an agreement to set up a joint venture to work on nature based solutions in India.
The joint venture will work on the conservation, enhancement and restoration of natural ecosystems – such as forests, agriculture, grasslands, wetlands and blue carbon –to prevent emissions or lower concentrations of greenhouse gases in the atmosphere while creating lasting benefits for people and nature.
Mr. Manish Dabkara, CMD and CEO, EKI Energy Services Limited said, “We, at EKI are delighted to collaborate with Shell as we enthusiastically continue our stride towards contributing to India’s mission to achieve net zero. Ushering in a new era for climate change mitigation in the country, the new company will not only further EKI’s current on-ground execution on Nature based Solutions to a large scale but will also provide a much-needed impetus for climate actions in India.”
Mr. Manish Dabkara, CMD and CEO, EKI Energy Services Limited said, “We, at EKI are delighted to collaborate with Shell as we enthusiastically continue our stride towards contributing to India’s mission to achieve net zero. Ushering in a new era for climate change mitigation in the country, the new company will not only further EKI’s current on-ground execution on Nature based Solutions to a large scale but will also provide a much-needed impetus for climate actions in India.”
The joint venture will be registered with ROC-MP (Registrar of companies – MP) as a subsidiary of EKI Energy Services Limited.
About EKI Energy Services Limited
EKI Energy Services Limited is a leading Carbon Credit Developer & Supplier in the World. Founded in 2008, the Bombay Stock Exchange listed company is more popularly known as EnKing International. EKI has been passionately working towards rehabilitating planet Earth to a future of net-zero carbon emission. The company offers sustainable solutions for climate change and carbon offset with global standards like CDM, VCS, Gold Standard (GS), GCC, IREC, TIGR and GES. With an aim to contribute for the development of a climate resilient global economy, the company offers strategic solutions to businesses and organizations globally to achieve their climate ambition. EKI has over 2500 clients across 40 countries worldwide and has traded in over 100
million offsets as on date.
About Shell Nature Based Solutions
Shell Nature Based Solutions works on conservation, enhancement and restoration of natural ecosystems around the world that help reduce greenhouse gas emissions, or capture and store CO2
from the atmosphere, while supporting local communities and enhancing biodiversity.
Nature-based solutions can make a contribution to Shell’s target of becoming a net-zero emissions energy business by 2050, in step with society’s progress in achieving the goal of the UN Paris
Agreement on climate change. They have a role to play in reducing the carbon intensity of the energy products we sell, as well as helping addressing our customers’ emissions footprint when they use energy products bought from Shell.
