The Nitric Acid Climate Action Group

Nitrous oxide (N2O) is a very potent greenhouse gas, with a global warming potential 265 times that of carbon dioxide (CO2). One major source of N2O emissions is the production of nitric acid, which is used for manufacturing nitrogen-based fertiliser.

In a new drive to improve pre-2020 mitigation of N2O from nitric acid production and incentivise long-term sectoral transformation, the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) has launched the Nitric Acid Climate Action Group (NACAG). The long-term objective of the initiative is to incentivise the installation of effective N2O abatement technology in every nitric acid plant worldwide. NACAG’s vision is for the N2O emissions of an entire industrial sector to be mitigated on a global scale.

Tunisia, Jordan, Mexico and the Federation of Bosnia and Herzegovina have signed the Declaration of the NACAG. They thereby express their support for the goals of the alliance. Tunisia has also signed the Statement of Undertaking, committing itself to permanently reduce nitrous oxide emissions from nitric acid production. Tunisia is thus the first country that is eligible for financial support under the NACAG.

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4th June 2018

First NACAP Webinar on June 6: Register now!

The Nitric Acid Climate Auctions Program (NACAP) Secretariat will organize a series of informational webinars ahead of the auction. The first webinar will take place on June 6, 2018, from 9 am to 10.30 am EST. To register, please follow the instructions under the following link: http://www.worldbank.org/en/programs/climate-auctions-program#3

28th May 2018

NACAP auction planned for winter or spring 2019

The Nitric Acid Climate Auctions Program (NACAP) has released details on the upcoming auction of options to sell eligible nitrous oxide emission reductions from nitric acid plants. The NACAP is planning to hold at least one reverse auction in the winter or spring 2019 to sell put options which would give the option holder the right,…

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