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Capacity-building Alliance of Sustainable Investment (CASI) Launched at COP28

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DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ — Ma Jun, President of the Beijing-based Institute of Finance and Sustainability (IFS) and former Co-Chair of the G20 Sustainable Finance Working Group (SFWG), together with representatives from six other founding members, launched the Capacity-building Alliance of Sustainable Investment (CASI) today at COP28. Representatives from over 20 CASI members and partners joined the launch ceremony held in AIIB Pavilion.

As of now, 42 Chinese and global institutions, including financial firms, financial associations, NGOs, service providers and universities have joined CASI as members.

CASI, initiated by the IFS, is an international cooperation platform aiming to deliver high quality and high impact sustainable finance capacity building services to Emerging Markets and Developing Economies (EMDEs). CASI’s learning programs, including face-to-face training programs and e-learning products, aim to attract an audience of 100,000 people by 2030.

“The demand for sustainable investment is huge in EMDEs, but most of these economies are yet to put in place the key elements of a green financial system. A key barrier to mobilizing sustainable finance in much of the Global South is the lack of ‘green’ capacity with various stakeholders, including governments, financial institutions, service providers and project owners. CASI will serve as a global aggregator and distributor of sustainable finance knowledge for EMDEs,” said Ma.

“Capacity building is a key enabler for wider adoption of the IFRS Sustainability Disclosure Standards, especially in emerging markets and developing economies. The ISSB looks forward to working with CASI, via its network of sustainable finance stakeholders, in delivering capacity building for effective sustainability disclosure,” said Faber Emmanuel, Chairman of the ISSB.

Eddie Yue, Chief Executive of HKMA, said “EMDEs are facing steep pathways to meet their sustainable development goals, requiring substantial investment. The HKMA Infrastructure Financing Facilitation Office looks forward to working with CASI on leveraging Hong Kong as a leading green and sustainable finance hub to help strengthen EMDEs’ capacity and meet their financing needs.”

Zhu Jun, Chairwoman of Silk Road Fund, said “The establishment of CASI is another critical progress in promoting sustainable investment in the global south. As a founding member, Silk Road Fund would like to make contributions in terms of project implementation, technical assistance, professional training, seminar organization and knowledge sharing. Let’s join hands and strive for the common goal of green development.”

Surendra Rosha, Co-Chief Executive of HSBC Asia-Pacific, and Group Executive of the HSBC Group said, “The transition to net zero requires finance to be channeled at scale to where it is needed most. The challenge of Asia’s current financing gap is heightened by a lack of technical capability to access and scale up finance. We are pleased to support CASI to help build local technical skills for organisations to secure sustainable financing in emerging markets across the globe.”

Bill Winters, CEO of Standard Chartered Bank, said “CASI demonstrates the value of constructive partnerships to accelerate sustainable investment. This is particularly relevant given our commitment to emerging markets and long-standing presence across Asia, the Middle East and Africa. Sharing our expertise to unlock capacity and aid capital deployment is critical in accelerating future sustainable investment. We are very proud to be involved.”

“As an asset manager, we are pleased to join CASI as a founding member. We firmly believe that enhancing technical capacity in emerging market and developing economies is a key component to increasing the supply of investment opportunities aligned with global net-zero ambitions,” said George Walker, Chairman and CEO of Neuberger Berman.

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Margaret Franklin, President and CEO at CFA Institute, said, “Creating sustainable growth is clearly the greatest challenge of our time. It is crucial to develop strong capacity, both at the institutional and individual levels, and we are deeply honored that CFA Institute is furthering our long-time collaboration with the IFS through CASI. Collectively, we can contribute to ensuring strong and sustainable growth by helping build capacity.”

CASI will develop and consolidate educational content in collaboration with its members, tailor them to be more relevant to developing country contexts and deliver them to a larger audience through its network.

CASI’s learning programs will cover topics including green taxonomies, disclosure, financial products, policy incentives, carbon markets and project origination. Programs will be distributed through a variety of means, including online courses, certificate programs, face-to-face training events, and tailor-made courses.

The target audience of the CASI programs include senior professionals from financial regulators and governments, financial institutions, service providers, as well as corporates that need to originate green and bankable projects.

CASI will begin its operations in 2024, with in-person events planned in Asia, Africa, Middle East, and Latin America.

List of CASI Founding Members as of November 2023

  • Institute of Finance and Sustainability
  • HKMA Infrastructure Financing Facilitation Office
  • Silk Road Fund
  • HSBC
  • Standard Chartered Bank
  • Neuberger Berman
  • CFA Institute 

View original content:https://www.prnewswire.co.uk/news-releases/capacity-building-alliance-of-sustainable-investment-casi-launched-at-cop28-302006023.html

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Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express 

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

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An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html

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Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series

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LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.

Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.

This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.

These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.

This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.

Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”

Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”

About Integrum ESG

Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.

For more information, visit www.integrumesg.com

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About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.

For more information, visit www.csrhub.com

Media Contact
Harish Karunalingam
Integrum ESG
[email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/integrum-esg-and-csrhub-enable-fund-managers-to-monitor-both-long-term-trends-and-short-term-movements-in-esg-ratings-for-companies-across-a-10-year-time-series-302240581.html

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