Zoetic Global and Verdana Join Forces to Tackle Urban Cooling Amid Climate Change Crisis

The escalating urban heatwave crisis underscores the urgent need for innovative energy and emissions management solutions 

YOUNGSTOWN, Ohio, Aug. 1, 2024 /PRNewswire/ -- During the official launch of the Zoetic refrigerant plant in Youngstown, Zoetic Global and Verdana International announced a one-stop solution to significantly reduce air conditioning related energy costs by replacing existing refrigerants with Zoetic Refrigerants, digitally managing emissions and processing carbon credit claims.

"Urban heat zones are putting tremendous pressure on real estate operators," said Avery Hong, Co-Founder and CEO of Zoetic Global. "Cooling needs have spiked, resulting in elevated power bills and greater increases in carbon emissions. Our solution is to step in and quickly replace incumbent refrigerants with Zoetic products without the need for equipment changeouts or modifications, thus minimizing capital expenditures and operational disruptions."

Cooling units using Zoetic Refrigerants are connected to the Verdana AI engine that produce a continuous cycle of assessment and variance analytics for both management and carbon credit purposes. Verdana is currently working with the World Bank to provide city-wide aggregated, digital validation and verification for its Low Carbon City Project in Ho Chi Minh City in Vietnam. Alongside, a Zoetic Refrigerant deployment will sharply reduce turnaround times for emissions reduction related interventions in Ho Chi Minh City.

Asad Sultan, CEO of Verdana International, said Verdana and Zoetic plan to replicate this model across all of Southeast Asia and throughout the Americas. "There's nothing subtle about climate change anymore. It's become more of a climate smackdown. Our industrial strength urban carbon management system has been augmented to handle city-wide aggregation of emission management projects, while remaining fully compliant with UNFCCC CDM carbon credit methodologies," Sultan said.

"Zoetic has developed a modular, refrigerant production system that was showcased at the Youngstown plant opening. These units can be fabricated and quickly shipped, installed and operated anywhere in the world. Zoetic is committed to localizing production, not only to reduce transportation costs and carbon emissions but also to economically impact our partners' communities. This is how we jointly address the massive temperature and climatic changes hitting cities worldwide," Hong said.

About Zoetic Global

Zoetic Global is a sustainability-focused solutions provider, dedicated to delivering essential energy, water, and food technologies to areas in greatest need. Through collaboration with technology and strategic partners, Zoetic has curated a compelling portfolio of solutions to address critical issues. The name "Zoetic," meaning "pertaining to life," symbolizes the company's commitment to impactful solutions. Co-Founder and Chairman Jerome Ringo, a seasoned leader in the climate movement, drives Zoetic's efforts to support regions disproportionately affected by climate change. Zoetic believes in the existence of critical solutions and the necessity of a heightened commitment from leaders to implement them effectively. For more information about Zoetic Global, visit Zoetic Global About Page.

About Verdana International

Verdana is today's only provider of digital UNFCCC CDM compliant methodologies for the issuance of carbon credits by VCM standards bodies for urban emissions. Expert in large scale digital aggregation of carbon credits for urban and agricultural holdings, Verdana deployments bring economies of scale to carbon projects making them that much more viable. Verdana's digital guardrails are used by clients to enhance the value of their carbon credits. This client list includes the World Bank, oil and gas companies in the United States and Canada, Zoetic, a large global HVAC emission reducing refrigerant manufacturer and green hydrogen provider, as well as the Induk KUD agricultural cooperative in Indonesia with land holdings across 12 million members. The sustainable produce from Verdana's Induk KUD emissions reduction projects will contribute towards providing a daily hot meal for Indonesian school children as mandated by the President-elect Prabowo Subianto of Indonesia, making 80 million school children the co-beneficiaries. For more information, please visit Verdana.

Media Contacts:
Ashleigh Jacubec
Email: ashleigh@zoeticglobal.com

Charlotte Luer
Email: cluer@ljhfm.com
+1 239-404-6785

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Zoetic Global and Verdana Join Forces to Tackle Urban Cooling Amid Climate Change Crisis

SINGAPORE, Sept. 17, 2024 /PRNewswire/ -- More than 60 participants from 16 courts and jurisdictions including Australia, Brunei, Hong Kong Special Administrative Region, India, Indonesia, Malaysia, New Zealand, People's Republic of China and Singapore, have completed the inaugural Masterclass Programme for Commercial Judges in Asia held at the Judicial Training Centre of the Supreme Court of Indonesia in Bogor, West Java, Indonesia.

Held from 9 to 12 September 2024, the Masterclass was a four-day intensive course jointly organised by the Judicial Training Centre and the Singapore Judicial College, covering key topics in commercial law that are of concern to many judiciaries; namely technology and law, arbitration, cross-border insolvency, shipping and maritime law, and intellectual property.

The idea for a Masterclass was first seeded in November 2023 when Chief Justice Sundaresh Menon of Singapore visited the Judicial Training Centre of the Supreme Court of Indonesia. These plans crystallised further when Chief Justice of the Supreme Court of Indonesia, Prof Dr Muhammad Syarifuddin met with Chief Justice Menon in February this year. The Chief Justices jointly invited jurisdictions in the Asia-Pacific region to nominate participants for the Masterclass, which is intended for High Court judges with two to three years of experience.

The faculty for the Masterclass comprised eminent international commercial judges who are experts in their respective fields. Speakers and facilitators included Justice I Gusti Agung Sumanatha, Justice Syamsul Marif and Justice Nani Indrawati (Indonesia), Chief Justice Menon, Justice Aedit Abdullah, Justice Philip Jeyaretnam, Justice Kannan Ramesh, Justice S Mohan, Justice Dedar Singh Gill (Singapore), Justice James Allsop (Singapore International Commercial Court), Chief Justice (Ret) Geoffrey Ma (Hong Kong SAR), Justice David Goddard (New Zealand), Justice Dai Yiting (China) and Prof Jansen Calamita from the National University of Singapore.

In his keynote address, Chief Justice Menon outlined how changes affecting core commercial areas were transforming the realities of commercial law and practice, and offered a vision of convergence between judiciaries across the Asia-Pacific region in key commercial areas, which could assist our legal systems in managing these changes.  He also highlighted the "unique value proposition" of the Masterclass and four distinctive features that made it an important platform for judicial education and exchange in the Asia-Pacific region; namely its scope, its methodology, its participants and the network that it aims to establish.

The role of judges in economic growth becomes critical. Chief Justice Syarifuddin addressed that the demands on commercial courts have grown exponentially, driven by the complexities of cross-border trade, international contracts, and global financial systems. "The decisions we make as judges can have far-reaching implications, influencing economic activity and the confidence of international investors in our legal systems".

Visit News and speeches (judiciary.gov.sg) for more details.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Indonesia and Singapore Judiciaries Jointly Organise Inaugural Masterclass Programme for Commercial Judges