Ivey Foundation’s Post

🌱 Empowering First Nations Communities through Free Carry Equity 🌱 This article from Time discusses the transformative impact of community ownership in clean energy initiatives. While the article focuses on Canada, it highlights an essential concept that resonates deeply with our own efforts in Australia: the power of partnering with First Nations communities to provide opportunities for sustainable development and self-determination for First Nations communities. In Australia, integrating the provision of free carry equity for First Nations people into large scale resources projects isn't common practice - yet! At Legacie, we hope to change this. We recognise that developing ongoing partnerships with the First Nations communities where our projects are proposed to be located is essential – and that this must happen at the very beginning of the project. It is simply the way we do business. We understand that our projects will only flourish if we work in partnership with First Nations people. We can do so much more than just provide some jobs. Legacie can, and will, provide free-carry equity and active participation in our projects to the First Nations communities that we partner with - ensuring they have the opportunity to be partners in projects that are going to be constructed on their lands. This approach not only promotes environmental stewardship but also drives social and economic benefits, creating a future where renewable energy projects and cultural heritage thrive together. By providing free carry equity, we can: - Empower First Nations communities with ownership stakes in our projects. - Deliver multi-generational economic and social prosperity for First Nations communities. - Support sustainable practices rooted in traditional knowledge. - Strengthen partnerships that respect and uplift First Nations communities. Legacie are putting this approach into practice with the Ngarluma Water Desalination Project – the largest water desalination plant to be proposed for Western Australia, and the first to be delivered in partnership with a First Nations organisation.  As we continue to navigate the transition to a green economy, it's crucial to remember that the path to a sustainable future must include and elevate the voices of First Nations peoples. Let's work together to build a more inclusive and equitable clean energy landscape in Australia. Follow us to find out more. #CleanEnergy #SelfDetermination #EnergyTransition #FPIC #legacie #FirstNations #desalination #renewableEnergy #WaterWeDoing #Pilbara #Ngarluma #regionaldevelopment #waterwithheart #decarbonisation #waterinfrastructure #beyondgroundwater #FirstNationsPartnership Regional Development Australia (Pilbara) Regional Development Australia Goldfields Esperance Pilbara Development Commission Regional Australia Institute First Nations Clean Energy Network Clayton Daniel Michael Louise https://lnkd.in/gGdttJnq  

Thanks to all who joined our event “Carbon Talks: How do we involve Indigenous Nations in CCUS/CDR deployment?” with experts AJ Bird from ONE TRIBE Indigenous Carbon and Nicole Baker from Enbridge. Their insights were invaluable in advancing the role of Indigenous Nations in achieving net-zero goals. You can find out more about Enbridge’s historic agreement with 23 different Indigenous Nations here 👉 https://bit.ly/3HpJpRj We encourage you to learn about the work One Tribe Indigenous Carbon is doing to deploy Nature Based Solutions with Indigenous ownership here 👉 https://bit.ly/48Vg4Ke Key Takeaways: 🌿 Reconciliation is what you want to do; it goes beyond just doing what you are legally required to do. 🌿 Projects with indigenous ownership are more valuable because they are environmentally beneficial and go towards Indigenous reconciliation.  🌿 Fostering collaboration between Indigenous and non-Indigenous communities is vital for success. 🌿 Indigenous ownership and investment in energy projects, especially in emerging carbon markets, present significant opportunities. 🌿 Valuing and integrating Indigenous knowledge into decision-making processes is crucial. 🌿 Utilizing networks and resources, such as those offered by organizations like Canadian Council for Aboriginal Business, enhances communication and relationship-building. Let's keep the momentum to involve Indigenous Nations in designing and deploying CDR and CCUS projects. Watch the recording 👉 https://lnkd.in/gbFbmfYv

🌍⚓ Big investments are needed to ensure a fair energy transition in developing countries’ ports!   🔋MTBS (Maritime & Transport Business Solutions BV), in a report commissioned by International Association of Ports and Harbors (IAPH), has found that significant investments are required for port infrastructure to support decarbonization and climate resilience.   ⚖️ We explored the current state of port adaptation and decarbonisation infrastructure in developing nations, with case studies from Brazil, India, Indonesia, Kenya and the Solomon Islands, and identified the investments needed to ensure a fair and equitable transition.   🌱The main findings emphasise that investments in green energy, adaptation strategies, and regulatory frameworks are vital to ensure ports' future in a sustainable world. We are proud to be part of shaping this critical future!   🔗 Learn more: https://lnkd.in/eDEg-Bnb   #Ports #Energy #Transition #Sustainability #MTBS #Climate #Resilience #Green #Investments

Big infrastructure projects in America and around the world have been hamstrung by a history of exploitation and distrust between corporations and local communities, from solar farms in the southwest to fossil fuel pipelines in the Great Plains. In Canada, an unlikely triumvirate of finance, government and indigenous communities has found a better way—advancing Canada's green energy transition, potentially making big money for investors and helping overcome centuries of economic and social exploitation of First Nations. The key is indigenous ownership. To read the entire article reported by Justin Worland for Time Magazine, please click on the link in the comments section below. #cleanenergy #projects #indigenousrights #indigenousownership #greenenergy #canada

Important stat for NTRD: since 2020, 30% increase in clean energy projects with Indigenous ownership. More to do but good progress. https://lnkd.in/gKbuQaB9

The momentum around Indigenous equity ownership in Canada’s natural resource sector is gaining national attention. As highlighted in recent media, significant steps are being taken to enable Indigenous participation in major projects, with equity ownership as a key pillar of economic #reconciliation. From pipelines to renewable energy, Indigenous communities are becoming crucial stakeholders in shaping the future of Canada’s resource development. 135 energy and related infrastructure projects over the past 15 years that are partially or wholly owned by Indigenous people. Twenty-eight per cent of those Indigenous #equity investments occurred in the last two years alone. Sharleen Gale, chair of the First Nations Major Projects Coalition and former Chief of the Fort Nelson First Nation responds, “It certainly has been a good year, and it has also given us as Indigenous people a lot of hope about the future, especially going into 2025." At the heart of this shift, FNMPC continues to champion First Nations’ involvement by providing the tools, resources, and strategic support needed to secure equity positions in major projects. With over 170 member nations, our mission is clear: facilitate meaningful #partnerships that foster economic self-determination, drive #sustainable development, and align with the values of our member nations. Read the full article here: https://lnkd.in/gBmy2sji

“Details about the National Indigenous Electrification Strategy were unveiled at the First Nations Major Projects Coalition (FNMPC) conference in Toronto April 23. There are two main goals in the "Strategy to Accelerate Indigenous Ownership of Net Zero Infrastructure in Canada". One is to position Indigenous Nations as leaders in the net zero transition. And the second is to remove barriers, whether they be economic, political or regulatory, that get in the way of the development of Indigenous partners and Indigenous-led projects. It’s no secret Canada’s energy grid will need to substantially increase in the coming years to meet demands, said Niilo Edwards, coalition CEO. “We found some very constructive and helpful avenues to go down to ensure, as we look to electrify Canada and the infrastructure that is required, that we can do it with full Indigenous participation,” Edwards said. Indigenous communities will undoubtedly be required to assist. “Our whole framework was built without the participation of Indigenous Nations in mind,” he said. “We have to start changing that. And we are. But, when you compare the steps taken against the goals that Canada and the rest of the world have set on a net zero transition and electrifying the country, we’re not moving fast enough. “And governments are going to need partners in Indigenous Nations to move this forward quicker. There will come a day soon where you will see a scenario where Indigenous Nations have partnered with developers and are bringing their own plans to governments and saying, ‘We are doing this on our lands.’ In order to electrify, governments are going to have to get with the program and support that.” Edwards said it has been a long-held goal of the coalition to develop the strategy. “We wanted to do it. And, to be frank, we couldn’t get it funded anywhere because I think various provincial and federal systems knew that the electrification situation in Canada wasn’t optimal for Indigenous participation.” Edwards praised contributors, including the Ivey Foundation and the Clean Economy Fund, which made FNMPC’s strategy possible.”

🌿 A Milestone Year for Indigenous Equity and What It Means for the Future 2024 has shown the potential for transformational change in Indigenous equity, with landmark projects like BC Hydro’s clean energy procurement and Cedar LNG pushing the boundaries for Indigenous ownership in Canada’s energy and infrastructure sectors. These efforts signal not only a step towards economic self-determination but also the growing recognition that Indigenous communities are essential partners in Canada’s sustainable development journey. At Âsokan Generational Developments, we believe in the power of Indigenous equity to create long-term prosperity and resilience. This is why we focus on fostering partnerships that prioritize cultural values and empower communities. Articles like this underscore the progress we’ve made and remind us of the work still ahead to unlock the full potential of Indigenous-led projects and partnerships. 👉 Read more about this journey and the promising path forward for Indigenous equity ownership: https://ow.ly/oO2z50TUX2c . #IndigenousEquity #SustainableDevelopment #EconomicReconciliation #AGDev #IndigenousPartnerships

[ Offshore Tax ] What about the Infrastructure in Cape Verde? The infrastructure in Cape Verde differs based on the island and its location. Here’s An overview of its infrastructure services.: Transportation: The road network in Cape Verde is fairly developed, with about 70% of the roads paved. The quality of roads, however, can differ, and some regions may have limited road access. Energy: About 70% of the population has access to grid-based electricity, indicating relatively high electricity access rates. Nonetheless, power outages can be an issue in certain areas. The government is making investments in renewable energy sources like solar and wind power to lessen the reliance on fossil fuels. Water: Access to clean water can pose a challenge, particularly on some of the smaller islands. To supplement natural freshwater sources, water desalination plants are being utilized. Telecommunication: Cape Verde boasts a robust mobile network infrastructure, with most major providers offering 3G and 4G coverage. Internet access is widely available, but the speed can fluctuate depending on the location. In recent years, Cape Verde’s infrastructure has seen considerable enhancements. However, challenges remain, especially in terms of access to clean water and reliable electricity. The government is investing in infrastructure development, promising a future of continued improvements. #CapeVerde #Infrastructure #Transportation #Energy #CleanWater #Telecommunications #RoadNetwork #ElectricityAccess #RenewableEnergy #WaterDesalination #MobileNetwork #InternetAccess #InfrastructureDevelopment #SustainableDevelopment #GovernmentInvestments

[ Offshore Tax ] What about the Infrastructure in Cape Verde? With Hernâni de Oliveira Soares and Derren Joseph EA #CapeVerde #Infrastructure #Transportation #Energy #CleanWater #Telecommunications #RoadNetwork #ElectricityAccess #RenewableEnergy #WaterDesalination #MobileNetwork #InternetAccess #InfrastructureDevelopment #SustainableDevelopment #GovernmentInvestments