Fintech PR
How Technology Is Tackling Environmental Challenges
Technology is quickly changing the way in which us humans live, talk, work, and react with the world around us. The speed in which technology is being produced shows that there are no limitations to what can be achieved. With the development of devices that are able to work independently and mimic the action of humans, such technology can aid, enhance and conduct necessary actions. With the health of the planet in detrimental condition, can the latest advances in technology be used to aid and support the reclining health of the world?
The hunt for new development and smarter ways of living, is continually being researched. With man-made technology unable to replace the world’s ecosystem, it can, however, play a crucial role in environmental degradation. Technology can change the way in which human’s identify, track and value what the environment provides, hopefully helping to slow down climate change that is occurring rapidly around us.
Below are some of the most recent advances in technology and how they too can be used to help save the environment and make a positive change.
Artificial Intelligence tracking
It may be hard to believe that animals and the habitats in which they live can make a huge difference to the health of the world we live in. Through the deforestation of the Amazon and the reduced number of wildlife that call this environment their home, the breakdown of the species living within the rainforest is severe, as they all play a part in keeping our ecological system alive and healthy.
One thing that is evident to everyone, however, is the fast-moving breakdown and extinction of animals all around the world, with more than 10,00 species becoming extinct each year, due to human activity such as deforestation or poaching.
However, there is hope on the horizon. With advancements being made within Artificial Intelligence, there is a high chance that the technology will be able to track animals within their natural habitats. This will not only allow us to study the exciting and private lives of various animals, but also locate and pinpoint their exact location before deforestation and hunting can occur.
Being able to track the species at all times will avoid the death of so many important animals, while helping our ecosystem stay alive and well for the health of the world around us.
Renewable Energy Sourcing
One of the most significant ways that technology can contribute to saving the environment is through the creation of a sustainable energy source.
With the inventory of fossil fuels running low, the need to find a green and environmentally friendly substitute is important, more so than ever before.
Generating energy with the use of technology is a far more flexible and eco-friendly way of powering the ever growing world. Although a long process, when it comes to developing systems that work, finding the correct location, is equally as important. Energy Procurement, such as wind turbines and solar panels, are already two popular forms of technology that can be used to help generate energy. Realistically, more renewable energy options are needed in order to reduce and replace the use of fossil fuels altogether.
Sustainable energy sources work by using the sun, wind and even the tides. All natural sources whose energy can be harnessed to generate and power industries, while helping to nurture the health of the surrounding environment.
Thermal Cameras To Combat Poaching
The poaching of animals has drastically become a sport and form of income for many people around the world. The killing of animals, whether for their fur, tusks or skin sometimes can be the only form of income for many poachers and has become a big industry in East Asia, but also Africa. Although not always conducted out of pleasure, the poaching of animals has caused an effect on the surrounding environment, by removing a key part in the natural hierarchy. All animals, no matter how big or how small, all play a role in feeding and caring for the earth. By taking away this process, it can reduce their impact on both the ecosystem, but also their role in the nitrogen cycle.
Technology, however, is being used to help capture poachers and diminishing the trade that comes as a consequence of poaching. The way in which technology can be used, is by rangers using thermal imaging to help identify the criminals in the dark and catching and intercepting before they are able to conduct their wicked crimes.
Through the ability of being able to see in the dark, without this useful tool, rangers would not be able to closely inspect individuals within nature reserves, and the rate of animal deaths would increase drastically.
Cleaning Land And Oceans
One of the biggest challenges that the world has placed on itself is the production of waste and where it stores it. With our homes overrun with plastic, it is often unnecessarily used to store and transport products, such as food and clothing. With the population not sticking to the recycling rules nor making a conscious effort to reduce their plastic waste, more and more waste each year is finding itself in both landfills and in the ocean.
With a high volume of plastic waste making its way into the oceans, the surrounding ecosystems are being quickly damaged, from the chemicals emitted from the plastic, but also from the animals ingesting the rubbish.
An example of technology being used to help tackle the ever growing problem of plastic waste in our wide oceans and one example can be seen as the Dutch organisation “Ocean Cleanup”.
Ocean Cleanup, a non-profitable organisation have created a device that can sail itself 600 meters into the pacific, while making sure that it picks up as much plastic waste as possible, removing it from the ocean. The technology this group created, is propelled by the wave and wind power in order to continuously have the energy to help propel and function the boat.
Aside from this invention, designers are trying to find innovative ways to reuse the waste produced every day, helping to prevent it from washing up on our beaches or finding its way in the stomachs of large sea mammals.
Summary
With the environment under an intense amount of pressure, the future health of the Earth looks uncertain. However, continual advances are being made in technology, where these developments can be used to help support and nurture the environment.
With devices already created to help stop deforestation, extinction and saving the environment from waste; there is no limitations of what other developments could be created through the rise of technology advancements, helping to save the planet further.
The challenges created in the environment have quickly become too powerful for humans to control, so technology is needed more so now than ever, in order to tackle these issues in haste.
As a population, while we wait for these advances in technology to be created, we can all make a conscious effort to reduce the amount of waste and damage that we create to the surrounding environment. Whether it be monitoring the amount of unnecessary plastic that we use, to taking time out of our day to walk instead of driving. By making small changes in our routine, we too can help tackle small environmental challenges within our everyday lives.
About the author: Sydney Tierney just recently finished her studies; is working her way into the world of content writing as a digital marketing assistant. She writes for clients that specialise in workstations, wedding bands and energy procurement
Fintech PR
CBH Compagnie Bancaire Helvétique appoints Enid Yip as CEO of CBH Asia
GENEVA, Nov. 4, 2024 /PRNewswire/ — Swiss private banking group CBH Compagnie Bancaire Helvétique announces the appointment of Enid Yip as the new CEO of its subsidiary CBH Asia. Mrs Yip will also lead the Asia Regional Committee. Based in Hong Kong, CBH Asia is a key part of the Group’s strategic commitment to expand its presence in the region.
Concurrently, Patrick Wong, who has overseen the Asia business since 2017, has been appointed Deputy Chief Executive Officer. Mr Wong will continue to manage Operations, Regulatory and Compliance, and IT, while Mrs Yip will focus on enhancing the firm’s client offering and driving business development in line with the Group’s long-term strategy for Asia. With its entrepreneurial approach and exclusive and bespoke investment offering, CBH Asia offers compelling advantages to clients and relationship managers in the region.
A seasoned executive, Mrs Yip brings over 25 years of experience in successfully growing wealth management institutions in Asia. Most recently she was with LGT. Prior to that, she was a Member of the Board at Bank J. Safra Sarasin, having previously served as their Chief Executive Officer, Asia, overseeing the bank’s expansion in the region. Earlier in her career, Mrs Yip held various senior positions in the private banking industry.
Simon Benhamou, CBH Bank Chief Executive Officer said: “We are delighted to welcome someone of Enid’s calibre to lead CBH Asia. Her extensive experience and strong leadership will be instrumental in furthering our growth in key Asian markets. Our people are our greatest asset and with Enid’s strong commitment to our core values of entrepreneurship and teamwork, we are confident that she will further strengthen CBH Asia’s success. We extend our best wishes to Enid on her appointment.”
Mrs Yip said: “I am delighted to be joining a Group that fosters an environment where we can achieve great results by pursuing excellence with creativity. I am determined to expand CBH’s footprint in the region, building on our established expertise and maintaining our long-term vision of adding value for both clients and stakeholders.”
About CBH | Compagnie Bancaire Helvétique
CBH Compagnie Bancaire Helvétique is a family-owned Swiss banking group founded in 1975. Headquartered in Geneva, the Group currently counts close to 309 professionals in 10 locations around the world. As of December 31st, 2023 client assets totaled CHF 14.3 billion and the Group’s Tier 1 ratio was 43%, placing it among the best capitalized banks in Switzerland compared to its peers.
CBH Group provides wealth management services to private and institutional clients, as well as several complementary business lines, including family office solutions, asset services & structuring, exclusive private markets expertise, and bespoke daily banking and card solutions.
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Fintech PR
BIZCLIK MEDIA LAUNCHES NOVEMBER EDITIONS OF FINTECH MAGAZINE & INSURTECH DIGITAL
The November editions of FinTech Magazine & InsurTech Digital includes interviews with leading experts and executives from
LONDON, Nov. 4, 2024 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has released the latest editions of FinTech Magazine and InsurTech Digital These publications are highly regarded by voices within the Financial Sector for their in-depth reports and interviews with prominent figures in the industry.
FinTech Magazine
This month’s edition features an exclusive lead interview with Lloyds Banking Group CIO, Amit Thawani as it undertakes a huge transformation to meet its 27 million customers evolving needs.
“At Lloyds Banking Group it’s all about people. Our people can make a real difference to the UK population who are not prepared for their tomorrow “
The edition also contains extensive interviews with key thought leaders from Coupa, TerraPay and more. Plus the Top 10: Largest Firms involved in Financial Services,
You can visit FinTech Magazine for daily news and analysis of the ever-changing financial industry.
InsurTech Digital
This month’s edition features an exclusive lead interview with Qover CEO Quentin Colmant on how AI will ‘reshape how we create value’
“Each decision has felt monumental, with no guaranteed outcomes, but this unpredictability has been incredibly rewarding”
The edition also contains extensive interviews with key thought leaders from Lloyds Banking Group, Kin Insurance and more. Plus the Top 10: Insurance Products of 2024
You can visit InsurTech Digital for daily news and analysis of the ever-changing financial industry.
About BizClik
BizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit our website.
View original content:https://www.prnewswire.co.uk/news-releases/bizclik-media-launches-november-editions-of-fintech-magazine–insurtech-digital-302295572.html
Fintech PR
Dechert Advises Poxel on US$50 Million Non-Dilutive Financing Agreement with OrbiMed
PARIS, Nov. 4, 2024 /PRNewswire/ — Dechert has advised Poxel (Euronext: POXEL), a clinical-stage biopharmaceutical company, on its non-dilutive financing agreement with OrbiMed for US$50 million. This transaction monetizes a portion of Poxel’s future royalties and sales-based payments from TWYMEEG® sales by Sumitomo Pharma in Japan.
The financing is set to bolster Poxel’s strategic initiatives in rare diseases, reduce its debt and support general corporate purposes. The deal underscores the significant value of TWYMEEG® in Japan and strengthens Poxel’s financial position.
Poxel is listed on Euronext Paris, developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis (NASH) and rare metabolic disorders. OrbiMed is a leading healthcare investment firm dedicated to accelerating innovation in the biopharmaceutical industry.
The Dechert team that advised Poxel includes corporate and securities partners Patrick Lyons and David Rosenthal; global finance partner Privat Vigand; intellectual property partner Olivia Bernardeau-Paupe; global finance partner Sarah Milam; tax partner Sabina Comis; and associates Etienne Bimbeau, Pierre-Emmanuel Floc’h, Chloe Lebret, Julie Lecomte, Vianney Toulouse and Yasmin Yavari.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
View original content:https://www.prnewswire.co.uk/news-releases/dechert-advises-poxel-on-us50-million-non-dilutive-financing-agreement-with-orbimed-302295559.html
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