Fintech PR
Joint Statement on Climate Action between President of Kenya, H.E. William Samoei Ruto, COP28 President-Designate Dr. Sultan Al Jaber, H.E. and African Union Commission Chair Moussa Faki Mahamat
CILPA, Kenia, Sept. 4, 2023 /PRNewswire/ — As we prepare for the Africa Climate Summit, we, H.E. President of Kenya William Samoei Ruto, COP28 President-Designate Dr. Sultan Al Jaber and African Union Commission Chair Moussa Faki Mahamat affirm our commitment to work towards realizing ambitious climate action in this critical year of the Global Stocktake.
Africa is a continent brimming with promise. It is blessed with abundant renewable energy potential that is waiting to be tapped. Africa’s 1.4 billion people represent 17% of the world’s population,60% of which are under the age of 25 making it the youngest population in the world. It is also the home to 5 of the 10 fastest growing economies in the world.
But despite accounting for less than 3% of the world’s energy-related carbon dioxide emissions to date and having the lowest emissions per capita of any region, Africa is also home to many of the most climate vulnerable countries.
As we commence the Africa Climate Summit in Nairobi and with 87 days to COP28 in the UAE, the actions we take now will be crucial to building the necessary adaptive capacities as well as keeping 1.5C within reach.
Both the Africa Climate Summit and COP28 are significant milestones towards realizing our common priority to accelerate a just, equitable, and orderly energy transition that puts our economies on a path toward a new low-carbon, high-growth, sustainable socio-economic model, supported by substantially scaled up climate finance.
We welcome the Africa Climate Summit platforming critical perspectives, solutions, and priorities in our collective fight against climate change. This is a crucial step towards catalyzing climate action by Africa and for Africa.
It is our shared conviction that COP28 must accelerate practical action across mitigation and adaptation and build an inclusive climate process focusing on people, lives, and livelihoods that leaves no one behind.
The time for implementation is here. The African Union, Kenya and COP28 Presidency affirm that Africa’s governments and peoples can play a fundamental role in delivering effective solutions that implement the goals of the Paris Agreement across the entire climate agenda.
We must ensure that climate finance is more available, affordable, and accessible to all developing countries, including those in Africa, and that international investment and support is massively scaled up to enable commitments to be turned into actions across the continent.
Furthermore, it is vital that we restore trust in the multilateral process if we are to achieve progress. Developed countries must deliver on their historical commitments, including the $100 billion of annual climate finance, doubling adaptation finance and ensuring a strong replenishment of the Green Climate Fund.
The Africa Climate Summit and COP28 are key steppingstones towards building a new climate finance architecture that is inclusive, brings more private finance to the table, and operates at the scale required for developing countries to adapt and mitigate.
The Africa Climate Summit and COP28 must also work towards strengthening mitigation efforts by advancing momentum for the significant reduction of greenhouse gas emissions and providing a credible path to a just, responsible and orderly energy transition.
On a continent where 43% of the population lacks access to electricity, clean and efficient energy offers an opportunity to supercharge Africa’s economic growth while improving lives and livelihoods. Tripling global renewable energy capacity and doubling the rate of energy efficiency improvements will be critical to achieving net zero by mid-century and keeping 1.5C within reach.
The Africa Climate Summit and COP28 are also committed to ensuring that the human face of the climate crisis is at the center of all our decision making. Our efforts are focused on advancing a credible response to climate change that builds resilience and limits impacts on lives and livelihoods through clear and tangible outcomes on adaptation and loss and damage. This includes operationalizing the loss and damage fund and funding arrangements at COP28. We have to make every effort to realize the promise made at COP27 in Egypt, including early capitalization of the fund.
Building momentum towards a comprehensive and robust framework for the Global Goal on Adaptation at COP28 is an important step toward deeper collective action on adaptation, effective adaptation finance, and protecting the most impacted populations and ecosystems. If we deliver a Goal that lives up to the task parties set themselves in Paris, it will reduce climate vulnerability for people and communities.
Adaptation finance is an essential part of implementation. Adaptation finance represents less than 10 per cent of all climate finance and this imbalance must be urgently addressed.
A comprehensive systems change is also essential to have lasting impact. Both the Africa Climate Summit and COP28 are focusing on the need for transforming food and health systems and embedding nature and biodiversity protection with climate action in pursuit of this objective.
Finally, acknowledging the vital role of youth in shaping our collective future is at the heart of both our respective agendas. We look forward to the voices of many young people shaping the outcomes of the Africa Climate Summit and COP28.
We welcome Africa’s leadership and commitment in our collective fight against climate change and we call on all stakeholders to engage constructively in finding and driving solutions. Africa has the potential to be a global trailblazer for the energy transition, green industrialization, and delivering sustainable economic development, and the Africa Climate Summit will be a landmark moment in that journey.
We must now work towards showcasing our collective political will—in Kenya and in the UAE—towards tackling the climate crisis. Every moment matters and every action takes us further. Now, more than ever, we must all unite, act, and deliver.
Notes to Editors – COP28 UAE:
- COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors.
- As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
- The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a pragmatic global energy transition and a “leave no one behind” approach to inclusive climate action.”
Fintech PR
Strictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey
LONDON, Dec. 27, 2024 /PRNewswire/ — Strictly Money Ltd, the London-based fintech, has launched a crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, Europe’s largest private market investment platform, has powered success stories like Revolut, Qonto, and Monzo. Regulated by the UK’s Financial Conduct Authority (FCA), Crowdcube provides a trusted and innovative platform for investors to participate in transformative ventures.
Strictly Money’s primary objective with this campaign is to accelerate its growth, fuel product development, and expand its shareholder base. The funding will enable Strictly Money to launch its payment card and banking app in early 2025 and to strengthen its market presence in Scandinavia, the UK, and Ireland. The company plans to introduce hedge fund returns products, broadening investment options for consumers by the end of 2025.
Discover how you can be part of Strictly Money’s growth journey by visiting our Crowdcube campaign at https://crowdcube.getstrictlymoney.com.
Will Povey, CEO and Co-Founder of Strictly Money, said: “At Strictly Money, our vision is to empower everyday investors with access to wealth-building tools and opportunities that were previously reserved for high-net-worth individuals. With this crowdfunding campaign, we aim to bring together a diverse community of investors who share our passion for financial innovation and inclusivity. This funding will not only help us launch our innovative debit card and app but also drive the development of new products that deliver real value to our users.”
About Strictly Money:
Strictly Money is a UK-based financial technology company set to launch a debit card and a cutting-edge banking app in early 2025. The company aims to democratize access to high-performing hedge fund returns, providing innovative investment strategies and financial solutions tailored to investors, savers, and entrepreneurs. Strictly Money’s mission is to open up premium investment opportunities traditionally limited to high-net-worth individuals (HNWIs). For more information, visit https://strictly-money.com.
For media inquiries contact:
Mary Prendergast
Email: [email protected]
Important Notice:
Investing in startups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Please read the full Risk Warning on Crowdcube’s website before deciding to invest.
Logo – https://mma.prnewswire.com/media/2588210/Strictly_Money_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/strictly-money-launches-crowdcube-campaign-inviting-european-investors-to-fuel-its-growth-journey-302339702.html
Fintech PR
Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities
DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of Tonstakers, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users.
With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem. The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet.
Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit’s role as a leader in DeFi accessibility.
Why Tonstakers Matters: The First of Its Kind
Tonstakers is the inaugural partner in Bybit Web3’s TON staking initiative, setting a new standard for staking services. With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits:
- Effortless Staking: Securely stake $TON with ease, thanks to the user-friendly interface within the Bybit Web3 Wallet.
- Earn $tsTON Rewards: Receive tokenized staked Toncoin ($tsTON), which can be leveraged within DeFi applications across the TON ecosystem.
- Explore DeFi Liquidity: Engage with Tonstakers Earn to provide liquidity using $tsTON, unlocking diverse earning opportunities.
“Bybit Web3 is proud to deepen our integration with the TON blockchain, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3. “This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities. As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience. We believe this integration will significantly contribute to the growth and success of the TON ecosystem.”
Start Staking Today To begin staking your $TON and earning with $tsTON, visit https://www.bybit.com/en/web3/staking and discover the power of Bybit Web3 Wallet’s integration with Tonstakers. Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2588103/Bybit_Web3_Wallet_Integrates_Tonstakers_The_First_Its_TON_Staking.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-web3-wallet-integrates-tonstakers-the-first-of-its-ton-staking-offerings-to-expand-defi-opportunities-302339604.html
LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — Yaber reported a remarkable 100% year-over-year sales surge during Black Friday. The T2 outdoor projector, featuring a built-in battery and handle-to-stand design, ranked among Amazon’s Top 3 “Most Wished For” list. Meanwhile, the L2s projectors, available in exclusive Pantone colors, sold out shortly after launch.
Yaber T2 projector is currently available at Christmas sale on Amazon and the official Yaber website. Meanwhile, pre-orders for the L2s projectors in exclusive Pantone colors will reopen in mid-January 2025.
This year, Yaber further expanded its global retail presence, debuting at the iconic Selfridges in the UK and securing placements in MediaMarkt across EMEA, Canada’s London Drugs, Saudi Arabia’s EXTRA, Belgium’s FNAC, Greece’s PUBLIC, Czech Republic’s Datart, Japan’s Bic Camera and Yodobaxi, and Malaysia’s premier IOI City Mall and Plaza Low Yat.
Looking ahead, Yaber is set to unveil its first ultra-short-throw laser projector and a new Keith Haring-inspired entry-level model at CES 2025. The launch event will take place at 4:00 PM PST, January 6, 2025 at Caesars Palace, Las Vegas. Visit Yaber’s booth in South Hall 1-30808 at Las Vegas Convention and World Trade Center (LVCC) from January 7-10 to discover more.
About Yaber
Founded in 2018, Yaber redefined home entertainment by introducing the world’s first entertainment projector, pioneering a new category in the industry. Today, its innovative projectors have delivered immersive experiences to users in over 120 countries, making Yaber a trusted name in global home entertainment.
The letter “Y” in Yaber embodies the youthful vigor and innovative spirit of Generation Y. It’s not just a symbol, but a unique representation of youth identity and attitude towards life, infusing the brand with rich cultural connotations of youthfulness within simplicity.
Committed to excellence, Yaber has been pushing the boundaries of audiovisual innovation, crafting projectors that inspire richer, more vibrant lifestyles. Its achievements are recognised with prestigious accolades, including the Red Dot, IDEA, VGP, and CES Innovation Awards.
Photo – https://mma.prnewswire.com/media/2588098/Yaber_achieves_100__YOY_sales_growth_Black_Friday.jpg
Logo – https://mma.prnewswire.com/media/2348478/5093200/Yaber_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/yaber-achieves-100-yoy-sales-growth-during-black-friday-and-gears-up-for-ces-2025-302339600.html
-
Fintech PR5 days agoGCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry
-
Fintech PR4 days ago2025 Will See Increased QR Code Payments but Payment Card IC ASPs Will Not Return to Pre-Covid Levels
-
Fintech PR4 days agoBybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week
-
Fintech PR4 days agoCKGSB Successfully Hosts 2024 MBA Professor Training Program for Western China
-
Fintech PR5 days agoH.I.G. Realty Announces Strategic Partnership with Queen Mary BioEnterprises Innovation Centre in London
-
Fintech PR4 days agoAIMA Technology Welcomes Top U.S. Dealers to Shape the Future Together
-
Fintech PR5 days agoDesigning for the future: SM’s vision through an architect’s lens
-
Fintech PR4 days agoFXGiants Online Trading Platform Launches Bonus Initiative to Reward Traders