Environment

L&J Investment AB perform activities in the environmental in Angola with its technical partner, Sweco doing Environmental Impact Assessment and developing Clean Development project with the support of the Austrian company, Climate Corporation.

ENVIRONMENTAL IMPACT ASSESSMENT

L&J Investment AB and its technical partner Sweco have been working together since 2004, primarily targeting Environmental Impact Assessment, Audits and Decontamination Surveys in various sectors:

  • Airports
  • Ports
  • Industries
  • Energy
  • Oil and gas
  • Dams
  • Infrastructures construction
  • Water supply and management

CLEAN DEVELOPMENT MECHANISM

L&J Investment AB position itself is as a partner of Designated National Authority (DNA) and given the responsibility to support the country’s efforts to battle climate change through the reduction of greenhouse gases in accordance with the Clean Development Mechanism (CDM) put in place by the Kyoto Protocol. L&J Investment AB is an accredited broker of Certified Emission Reductions (CERs) such as Angola and is working on behalf of the Ministry of Environment to identify suitable CDM-projects that combine sustainable development, clean energy, capacity building and revenues to the Ministry.

L&J Investment AB establishes a long-term strategy with the Designated National Authority (DNA) by:

  • Developing the DNA’s institutional structure through capacity building through seminars, workshops or on job training during the registration process of CDM and REDD projects and by mobilizing capacity building funds from the Swedish International Development Cooperation Agency.
  • Raising the national CDM awareness within governmental bodies and of potential project participants in eligible sectors by the conducting workshops for members of Ministries of Energy and Water Affairs, Oil, Geology and Mining, Agriculture, Transport, Finance and Economy.
  • Promoting Nordic investments and providing technical assistance to the energy and water sectors so as to facilitate the integration of CDM into the sustainable development strategy of the country.
  • Providing operational support and training of the DNA’s staff.
  • Undertaking a CDM project identification and development program open to all  sectors  of the Angolan economy.
  • Registering of CDM projects to UNFCC.
  • Brokering generated carbon credits (CERs) through the Swedish Energy Agency.
  • Promoting investment projects in energy, sanitation, oil and gas sectors targeted as CDM projects.
  • Delivering a capacity building program for the forestry sector, aimed at both relevant government staff (from the Forestry Development Institute) and relevant private sector companies.
  • Combining biomass inventory in the scope of the future REDD (Reducing Emissions from Deforestation and Forest Degradation)regime.
  • Lobbying to Nordic countries for the funding of the maintenance of forest carbon stocks through compensation of potential direct or indirect economic benefits of deforestation and forest degradation on a national level.
  • Promoting reforestation projects in areas where Angola is part of the Congo Basin.

Targeted CDM AND REDD projects are:

  • Hydropower Projects
  • Sanitation (Symbio city Clean Water)
  • Conversion of Thermal Power Plant in Gas Power Plant
  • Biomass Waste Power Plant
  • Forestry