Iceland at COP29: A Model for Renewable Energy and Climate Collaboration

Iceland’s business delegation is set to attend COP29 in Baku, Azerbaijan, to showcase its achievements in renewable energy and carbon capture, utilization, and storage (CCUS) technology. Led by Green by Iceland and supported by Iceland’s Ministry of Environment, Energy, and Climate, the delegation seeks to build partnerships that can accelerate global transitions to green energy and climate resilience.

“The need to scale renewable energy and manage carbon emissions has never been more urgent,” said Nótt Thorberg, Director of Green by Iceland. “Iceland’s journey to energy independence highlights the potential of renewables, and we’re ready to share our experience. Through global collaboration, we can tackle energy transition challenges and unlock new opportunities for a sustainable future.”

The Icelandic delegation includes industry leaders in renewable energy, engineering, and CCUS, with notable technologies:

  • Carbfix: A pioneer in CO2 mineralization, turning carbon emissions into stone, offering a scalable carbon storage model.
  • Climeworks: A leader in direct air capture, operating the world’s largest DAC plant, Mammoth, in Iceland.
  • ON Power: Europe’s largest geothermal power plant operator, advancing the circular economy through its Geothermal Park initiative.

“The climate crisis demands proven solutions, and we look forward to sharing our carbon mineralization technology at COP29,” said Edda Aradóttir, CEO of Carbfix.

At COP29, the Icelandic delegation will participate in key events, discussing renewable energy and carbon capture solutions and exploring collaborations to support climate goals.

Delegation companies include:

  • Renewable Energy & CCUS: Landsvirkjun, ON Power, Reykjavík Energy, Carbfix, Climeworks
  • Consulting Engineers & Finance: Verkís, EFLA, Bjarni Herrera

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