Saturday, 23 September 2023

Manufacturing-X

 1. Manufacturing-X is a data ecosystem and industry, academia and policy initiative that aims to optimize and modernize industrial supply chains and production processes.

2. The Manufacturing-X concept represents a new generation of manufacturing technology, incorporating Industry 4.0 approaches and merging technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), robotics, and data analytics. 

3. The objective of the Manufacturing-X concept is to ensure more efficient, flexible, and cost-effective production processes while establishing a highly adaptive manufacturing environment capable of responding to individual customer demands and real-time market needs.

Sunday, 17 September 2023

Carbon Border Adjustment Mechanism (CBAM)

1. Starting from 1 October 2023 designated imported goods from outside the European Union (EU) will fall under new EU regulations: the Carbon Border Adjustment Mechanism (CBAM). Referred to as CBAM goods. CBAM will be gradually implemented. From 1 October 2023, you will need to report on these goods, and from 1 January 2026, there will be a registration and payment obligation. This page provides you with more information on this matter.

2. CBAM is a price adjustment applied to imports into the EU for designated goods based on their CO2 emissions in the production process outside the EU. The aim of CBAM is to prevent the risk of carbon leakage. Also, by encouraging the reduction of emissions by operators in third countries (countries outside the EU), global carbon emissions should be reduced.

3. CBAM is an EU regulation and part of the 'Fit for 55' package. The goal of this package is to reduce greenhouse gas emissions in the EU by at least 55% by 2030.

4. Currently, the EU operates a system where producers within the EU have to purchase emission allowances for the CO2 emissions of their products (EU Emissions Trading System, EU ETS). The CBAM price adjustment ensures that these producers no longer face a competitive disadvantage when importing from third countries with lower climate standards.

Saturday, 9 September 2023

Grantmaking Best Practices

1. In the last case, grantmakers have only one chance at a first introduction, and that’s very often when grant seekers enter your grant application process. Will the moment be a heartwarming meet cute or a bucket of red flags? Will the right people and nonprofits feel a connection, or will you instead attract bad fits for your mission? 

2. Grantmakers have only one chance at a first introduction, and that’s very often when grant seekers enter your grant application process. Will the moment be a heartwarming meet cute or a bucket of red flags? Will the right people and nonprofits feel a connection, or will you instead attract bad fits for your mission? 

Sunday, 3 September 2023

TNB to invest additional RM35 bil over 2025-2030 to beef up grid for energy transition

1. Tenaga Nasional Bhd (TNB) plans to deploy an additional RM35 billion between 2025 to 2030 towards upgrading Malaysia’s power grid, to ensure the infrastructure does not become an obstacle in the nation’s energy transition (ET) endeavours.

2. This is on top of the national utility giant’s RM54 billion non-ET investment allocation for the grid over the same five-year period.

3. This means that TNB plans to invest a total of RM90 billion into Malaysia’s grid in the coming five-year period. This is nearly double the RM46 billion the group allocated for 2018-2024. which comprises RM40 billion for non-ET and RM6 billion for ET.