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Global leaders pledge bolder cooperation and solidarity to accelerate a just and equitable energy transition and climate resilience

Business

Global leaders pledge bolder cooperation and solidarity to accelerate a just and equitable energy transition and climate resilience
Business

Business

Global leaders pledge bolder cooperation and solidarity to accelerate a just and equitable energy transition and climate resilience

2025-03-18 17:02 Last Updated At:17:45

BRIDGETOWN, Barbados, March 18, 2025 /PRNewswire/ -- Ministers from Africa, Asia, Latin America and the Caribbean, and the Pacific have recommitted to exploring collaborative opportunities to accelerate a just and equitable energy transition. At two Ministerial gatherings at the SEforALL Global Forum, ministers from 28 countries also spoke of advancing climate resilience for populations in the Global South.

The Ministerial for Small Island Developing States (SIDS) saw Antigua and Barbuda, Barbados, Dominican Republic, Fiji, Maldives, Marshall Islands, Niue, Palau, Papua New Guinea, Seychelles, Solomon Islands, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Tonga, represented, and emphasised the need for urgent mobilization of climate finance to support energy transition and climate resilience agendas. The Call to Action endorsed by the ministers highlighted the need for ambitious Nationally Determined Contributions (NDCs) and National Adaptation Plans, equitable distribution of climate finance allocations, enhanced local capacity and job opportunities, and accelerated deployment of innovative technological solutions across SIDS. Further, the SIDS ministerial embraced the need for strengthening international collaboration, setting the stage for impactful participation at COP30 in Brazil

The Global Ministerial underscored the importance of enhanced global cooperation to support the growing energy needs in developing countries while addressing climate vulnerability. The ministers present endorsed the Just and Inclusive Energy Transition Principles formulated by the G20 led by the Presidency of Brazil in 2024 and released a global communiqué that aims to accelerate a just and inclusive energy transition that is able to leverage development finance, multilateral and bilateral, to advance actions that are in line with domestic developmental goals and global shared commitments as enshrined in the Paris Agreement. The communiqué also reiterated the commitments made by African heads of state in the Dar es Salaam Declaration made at the African Energy Summit in January 2025 to implement Mission 300, the initiative to provide electricity to 300 million people in Africa by 2030.

The ministers recognized the energy transition plans championed by Sustainable Energy for All (SEforALL) as essential drivers of investment. These tools continue to offer strategic roadmaps for countries, highlighting opportunities for sustainable growth and energy infrastructure development.

Quotes

'The two ministerials highlight the importance of working together to bridge energy access gaps, fostering economic development, and ensuring that the energy transitions in developing nations align with global climate goals under the Paris Agreement. We now need to move from commitments to action, creating lasting change globally.'
Senator the Hon. Lisa Cummins, the Chair of the SIDS Ministerial and Co-Chair of the Global Ministerial, Minister for Energy and Business for Barbados

'The pledges made here today speak to the growing consensus on the need to ensure that the energy transition takes into account the needs of every nation to achieve energy access, participate in economic development and secure opportunities to participate in diversified supply chains. I am pleased to see that it also builds on our commitments made at the Africa Energy Summit in Dar es Salaam and implementing Mission 300.'
Hon. Wale Edun, the Co-Chair of the Global Ministerial, the Coordinating Minister for the Economy and Minister of Finance for Nigeria

'We need to work together to accelerate progress across the world on energy, climate and development. The pledges made today will go a long way in helping us close energy access gaps especially in Africa and Asia, accelerate the clean energy transition and spur greater national commitments through more ambitious Nationally Determined Contributions (NDCs).'
Damilola Ogunbiyi is the CEO and Special Representative of the UN Secretary-General (UN SRSG) for Sustainable Energy for All, and Co-Chair of UN-Energy

'Pakistan's clean energy ambitions are not just about sustainability, they are a promise to future generations for a greener, more resilient nation powered by innovation and responsibility. This is why we fully endorse the global communique to enhance greater international cooperation to transition to cleaner energy sources.'
Mr. Muhammed Ali, Special Advisor to the Prime Minister of Pakistan

'Fiji stands on the frontlines of climate change, not by choice, but by consequence. Our survival depends on the world's commitment to urgent and bold action. The pledges made today will set the stage for impactful participation by small island states at COP30 in Brazil later in the year.'
Amb. Amena Yauvoli, Ambassador to Indonesia, High Commissioner to Singapore and Permanent Representative to UNESCAP, Republic of Fiji

'Renewables-based energy transitions can be a powerful equaliser in the world. We must see the energy transitions from different angles, to capture its profound impact on the established socio-economic, technological, and geopolitical trends around the world. The SIDS Call to Action is particularly welcome, as it will strengthen national and regional institutions to accelerate renewable energy and energy efficiency in these small island nations.'
Francesco La Camera, the Director-General, International Renewable Energy Agency (IRENA)

'To combat climate change and accelerate clean energy, we must scale up climate investment funds and turn ambition into impact. The Climate Investment Funds is available to emerging and developing countries to accelerate climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable development.'
Tariye Gbadegesin, CEO of the Climate Investment Funds (CIF)

For Media Inquiries, Please Contact:

Sherry Kennedy, Communications Director, Sustainable Energy for All (SEforALL)

T: +43 676 846 727 237 E: Sherry.Kennedy@SEforALL.org  

Notes to Editors

About SEforALL

Sustainable Energy for All is an independent organization, hosted by UNOPS, with a global mandate to accelerate progress on the energy transition in emerging and developing countries. We work at the intersection of energy, climate, and development. We collaborate with governments and partners worldwide to end energy poverty, accelerate the deployment of renewable energy solutions, and combat climate change. Our vision is a world where everyone, everywhere, can lead a dignified life on a healthy planet, powered by sustainable energy. We promote this vision by pushing for higher ambitions, stronger policies, greater finance flows, increased localization and green jobs, and faster results toward an energy transition that leaves no one behind. For more information, visit seforall.org

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

Global leaders pledge bolder cooperation and solidarity to accelerate a just and equitable energy transition and climate resilience

Global leaders pledge bolder cooperation and solidarity to accelerate a just and equitable energy transition and climate resilience

SINGAPORE, March 19, 2025 /PRNewswire/ -- From March 10 to March 14, 2025, FlexTV, the global leader in short dramas under Mega Matrix Inc. (NYSE American: MPU), is launching eight English-language short dramas. Ranging from self-awakening and dark revenge to rekindled romance and workplace battles, these dramas offer audiences a diverse and immersive viewing experience.

On March 10, Divorce Me If You Dare premieres. After being cast out by her husband upon his return, Veronica finds a new lease on life through the achievements of her sons and the strength of her daughters-in-law. Centered on intergenerational female solidarity, the drama explores women's self-worth within traditional family structures.

On March 11, Dead Set on Payback goes live, delving into the complexities of friendship, betrayal, and trust. Eva is betrayed and killed by her best friend Jane. Reborn, she is determined to exact revenge, making both Jane and her boyfriend Tom pay the price.

On March 12, The Matchmaker Wore Pigtails debuts, highlighting shifting family dynamics. After being thrown out by her daughter, Lucy finds a fresh start when little Sophie, an adorable matchmaker, brings her and Richard together. Beneath its lighthearted tone, the drama conveys a thoughtful message on family reinvention and acceptance.

March 13 sees the back-to-back release of four compelling dramas:

Each of these dramas explores themes of corporate battles, unexpected pregnancies, workplace romance, and second chances, reflecting the struggles and growth of modern urban life while portraying the challenges and opportunities in love, career, and family.

On March 14, Lessons in Love & Lip Gloss makes its debut, emphasizing personal growth and self-discovery. After a mistaken flash marriage to CEO Daniel, Lily proves her talent in the company. As she undergoes an unexpected transformation, she and Daniel finally overcome their misunderstandings.

FlexTV serves audiences in over 100 countries with multilingual content, including English, Japanese, and Korean, delivering high-quality productions and an exceptional viewing experience. FlexTV's latest lineup of eight short dramas is driven by compelling storylines, high emotional resonance, and diverse perspectives, offering a deep exploration of modern society's complexities in relationships, family, the workplace, and human nature, sparking reflection on real-life issues. Looking ahead, FlexTV remains committed to genre innovation and content excellence, promising audiences an even more diverse and high-quality viewing experience. For more captivating series, visit https://www.flextv.cc/.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the "Risk Factors" in documents filed by the Company's predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

 (X/Twitter)

x.com/MegaMatrixMPU

Facebook:

facebook.com/megamatrixmpu

facebook.com/flextvus

LinkedIn:

linkedin.com/company/megamatrixmpu

TikTok:

tiktok.com/@flextv_english

YouTube:

youtube.com/@FlexTV_English

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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

Mega Matrix Inc. Announced Eight New English Short Dramas on FlexTV (March 10-14): Exploring Family, Workplace, and Life's Many Facets

Mega Matrix Inc. Announced Eight New English Short Dramas on FlexTV (March 10-14): Exploring Family, Workplace, and Life's Many Facets

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