< All news
13th October 2023

Monómeros signs Grant Agreement for Sustainable N2O Emissions Reduction

In a momentous stride towards environmental sustainability, Monómeros, a prominent nitric acid producer in Colombia, sealed a significant grant agreement with the IKI-funded Nitric Acid Climate Action Group (NACAG). This collaboration marks a pivotal endeavor to unite global efforts in the reduction of nitrous oxide (N2O) emissions.

The official signing ceremony took place in Barranquilla, Colombia, on October 3rd, 2023. The core objective of this grant agreement is to secure funds from the International Climate Initiative (IKI) of the German Federal Ministry for Economic Affairs and Climate Action (BMWK). These funds will be instrumental in supporting the deployment of advanced nitrous oxide abatement and monitoring technologies within Monómeros‘ nitric acid plant.

Martin Dirr, Cluster Coordinator of German Development Cooperation (GIZ) in Colombia, expressed, „ This event reinforces Monómeros‘ commitment to environmental sustainability and its production processes, as well as the German government’s dedication to combating climate change, sparing no effort.” This collaboration between Monómeros and GIZ Colombia signifies a shared vision for a more sustainable and ecologically conscious future.

Monómeros, a cornerstone in the Colombian chemical industry, boasts a substantial mitigation potential, exceeding 150,000 tons of CO2-equivalents annually. This annual reduction is equivalent to the emissions of 100,000 travelers flying from Berlin to Bogota.

Zeury Borges, Monómeros‘ CEO, expressed the company’s steadfast commitment to implementing N2O abatement technologies, noting, „…We are determined to implement N2O abatement technologies, which will represent a 50% reduction of our total emissions as a company, and we will also be able to produce more than 300 thousand tons per year of fertilizers with a low carbon footprint, helping the sustainability and food security of Colombian agriculture..“ Monómeros‘ dedication extends beyond emissions reduction to actively creating low-carbon footprint products that will positively impact Colombia’s agricultural sustainability and food security.

The next immediate step in this cooperative journey is the launch of international tenders aimed at acquiring N2O secondary abatement and monitoring technologies.

The signing of the Grant Agreement became possible after the Columbian Government has committed to permanent climate-friendly nitric acid production in February 2022. This partnership exemplifies the potential of collaboration with private sector in tackling global environmental challenges. Together, Monómeros and NACAG are charting a path toward a more sustainable and environmentally conscious future.

< All news