KUALA LUMPUR, June 13 (Bernama) — PETRONAS and the Mercedes-AMG PETRONAS F1 Team will be collaborating to launch the Blue Carbon Collective, a South-South research initiative that aims to advance research and knowledge exchange on carbon capture and storage in mangrove ecosystems. The Collective will build upon the ongoing cooperation between the University of São Paulo (USP) and Universiti Putra Malaysia (UPM), fostering collaboration and resource sharing between two countries in the southern hemisphere – Malaysia and Brazil.
The announcement took place at the inaugural Energy and Nature Forum, hosted by PETRONAS in Kuala Lumpur, which aims to put a spotlight on the intersection of energy and nature by bringing together global leaders from both fields. PETRONAS also unveiled its first ever nature and resource efficiency targets at the Forum which, together with the Blue Carbon Collective, reinforces the company’s commitment to use natural resources responsibly and to engage in practices that restore, protect and conserve ecosystems in countries where it operates.