Eco Wave Power Wins the United Nations Global Climate Action Award

Today, the United Nations Climate Change Secretariat announced the 15 winners of the 2019 prestigious UN ‘Momentum for Change’ Global Climate Action Award, with Eco Wave Power (EWP, EWPG Holding AB) receiving the award for its innovative wave energy technology.

Niclas Svenningsen, Manager of the UN Climate Change Global Climate Action programme congratulated Eco Wave Power for winning the “Global Climate Action Award” and said:

“This year, we had over 670 incredible applications for the UN Global Climate Action Award. It is our pleasure to give this award to Eco Wave Power. Their innovative technology serves as a beacon, guiding us towards a more sustainable future for all.”

“Their project generates clean and affordable energy from the ocean led by technology entrepreneur, Inna Braverman and in turn provides a shining example of a scalable, effective climate solution, that’s led by a female co-founder and CEO,” Svenningsen concluded. 

Inna Braverman, Co-Founder and CEO of Eco Wave Power said:

“We are honored to receive such significant award and recognition from the United Nations. Energy generation is a dominant cause of climate change - accounting for about 60% of global greenhouse gas emissions. As a result, there is a pressing need to secure new and clean methods of energy production. With more than half the world’s population living within 100 km of the coastline, wave energy has the potential to significantly reduce the amount of greenhouse gas emissions produced in energy generation by traditional fossil fuel. I am very proud to be a woman fighting against climate change through technology innovation, knowing that, according to a UN report, some 80% of people being displaced by climate change are actually women.”

Eco Wave Power and all Award recipients will be showcased at a series of special events during the UN Climate Change Conference (COP25) in Santiago, Chile, in December 2019.

Link to the full press release by the UN: https://unfccc.int/news/winners-of-the-2019-un-global-climate-action-awards-announced

About United Nations Global Climate Action
The UN Global Climate Action Awards shine a light on the enormous groundswell of climate action underway across the globe. The awards aim to inspire policy and investment action toward a low-carbon, highly resilient future, and to increase ambition to implement the Paris Climate Change Agreement and deliver on the Sustainable Development Goals.

The projects which are are recognized as innovative solutions under the Climate Action Award do not only address climate change, but also help drive forward progress on many other sustainable development goals, for example, innovation, gender equality and economic opportunity. 

In addition, Projects that receive UN Global Climate Action Award represent some of the most practical, scalable and replicable examples of what people, businesses, governments and industries are doing to tackle climate change.
 

About Eco Wave Power
Eco Wave Power is a Swedish company, founded in Tel Aviv, Israel, in 2011, which has developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power is the only wave energy company in the world, to own and operate an array of floaters that produce energy from waves and is connected to the grid in accordance with a Power Purchase Agreement, PPA. EWPG Holding AB (publ) is listed on Nasdaq First North in Stockholm (ticker EWP).

FNCA Sweden AB is Certified Advisor of the Company (+46 8-528 00 399, info@fnca.se).

For more information, please contact:

Yair Rudick, Business Development and Strategy
Yair@ecowavepower.com
+972 350 940 17

Andreas Kihlblom, CFO
andreas@ecowavepower.com
+46 (0)8 420 026 94

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