Fintech PR
Coalition launched to develop new carbon market standard and platform for community-centered forest conservation that meets the needs of Indigenous Peoples, local communities and Global South countries
NEW YORK, Sept. 19, 2023 /PRNewswire/ — As government and corporate leaders gather for New York Climate Week, founding members of the Peoples Forests Partnership have launched the Equitable Earth Coalition. In partnership with Indigenous Peoples, local communities and Global South countries, the Coalition is committed to developing a new voluntary carbon market standard and platform to help end deforestation and biodiversity loss by driving finance directly to communities.
Michael Jenkins, CEO of Forest Trends, said: “As a longtime champion of trustworthy and accessible carbon markets, we are excited about a process that centers Indigenous Peoples and local communities. We believe this fills a major gap in the carbon ecosystem. Forest Trends is glad to support the Equitable Earth approach, and we look forward to seeing it deliver on its goal of rapidly scaling direct climate finance to communities on the front lines of efforts to safeguard forests.”
The goal of the Equitable Earth Coalition is to develop that solution through a new voluntary carbon market (VCM) standard and platform that is:
- Developed in partnership with Indigenous Peoples and local communities, with an aim of delivering transformative finance directly to communities to fund their own development ambitions.
- Founded on transparency, robust science and rigorous due diligence, a standardised approach to measuring carbon, societal and biodiversity impacts, and best practices for IPLC ownership and inclusion.
- Holistic by driving investment both to stop deforestation, and to restore and steward forest ecosystems.
- Designed to nest into national forest carbon programs that contribute to global climate commitments.
The founding members of the Coalition include Forest Trends, Wildlife Works and Everland.
Beto Borges, Director of the Forest Trends Communities and Territorial Governance Initiative, will be Chair of the Equitable Earth Indigenous Peoples & Local Communities Advisory Group.
“The voluntary carbon market can help address forest loss at its root, by providing essential finance to Indigenous Peoples and local communities to make conservation a viable development path. But the market has not been designed to meet the needs of the communities on the ground, who hold the key to reducing emissions from deforestation,” Beto Borges said. “A fit-for-purpose solution is needed now. Forests are being destroyed and we have run out of time.”
Also joining the Equitable Earth Indigenous Peoples & Local Communities Advisory Group will be:
- Francisca Arara, Extraordinary Secretary for Indigenous Peoples in the State of Acre, Brazil, and President of the Regional Committee for Brazil of the Governors Climate and Forests Task Force
- Gustavo Sánchez Valle, President of the Mexican Network of Community Forest Organizations (Red MOCAF)
- Mary Allegretti, Anthropologist, President of the Institute of Amazonian Studies
- Júlio Barbosa de Aquino, President, National Council of Extractivist Populations (CNS)
The Coalition is growing rapidly and currently undertaking stakeholder consultations with IPLC leaders; Global South governments; project developers; carbon market participants; scientific and policy experts; and others, with further announcements planned for later this year.
For further information, visit www.eq-earth.com
Quotes from members of Equitable Earth’s IPLC Advisory Group
Francisca Arara, Extraordinary Secretary for Indigenous Peoples in the State of Acre, Brazil, and President of the Regional Committee for Brazil of the Governors Climate and Forests Task Force: “From Kyoto onwards, we hope to see a carbon standard for forest and biodiversity conservation that respects the rights of Indigenous Peoples and ensures equitable participation and direct financing, recognizes our land and carbon rights, and free, prior, informed consent (FPIC), and which also adheres to the United Nations Declaration on the Rights of Indigenous Peoples and recognizes our traditional knowledge.”
Gustavo Sánchez Valle, President of the Mexican Network of Community Forest Organizations (Red MOCAF) which promotes community forestry and supports Indigenous and farmers organisations that own lands in Mexico: “We welcome the construction of Equitable Earth, we believe that a standard for community carbon projects and other ecosystem benefits is required that is built from the beginning with the participation of representatives of Indigenous Peoples’ organisations, local communities, tribal peoples and Afro-descendants.”
Mary Allegretti, Anthropologist, President of the Institute of Amazonian Studies: “The Equitable Earth initiative is strategic to bring security and reduce pressure on communities, fills a gap and defines necessary rules to value the contribution of communities in controlling deforestation in the Amazon.”
Júlio Barbosa de Aquino, extractivist, cousin of Chico Mendes and President of the National Council of Extractivist Populations (CNS): “This initiative will allow us to get closer to the reality of the traditional peoples and communities of the Amazon.”
Notes to editors
Media contact: Will Richard – [email protected]
About Forest Trends Communities and Territorial Governance Initiative
Forest Trends works to conserve forests and other ecosystems through the creation and wide adoption of a broad range of environmental finance, markets, and other payment and incentive mechanisms. Our Communities and Territorial Governance Initiative partners with indigenous and other forest communities on innovations to secure their rights, livelihoods, and cultures through a strategy built on advocacy, economic self-determination, and cultural integrity.
About Wildlife Works
Founded in 1997, Wildlife Works is a community-centered wildlife conservation company that implements market-based solutions to protect the planet’s threatened wilderness and endangered wildlife. The company was founded on the premise that if we want wildlife in our world, it has to work for local communities who share their environment. Wildlife Works’ conservation projects drive direct financing to forest communities to fund their own economic development while preventing millions of tonnes of carbon dioxide emissions from entering the atmosphere annually.
www.wildlifeworks.com
About Everland
Everland helps people prosper from conserving their forests and wildlife, resulting in climate change mitigation for the benefit of all. We mobilize transformative investments into forest communities who are on the frontlines of stopping deforestation, halting climate change, and safeguarding biodiversity, to deliver conservation outcomes at scale. Through deep due diligence and impact reporting, we ensure that clients invest in meaningful impact, and realize the full value of their support for REDD+ projects.
everland.earth
About the Peoples Forests Partnership
Forest communities hold the solutions to protecting the world’s most biodiverse ecosystems yet only 1% of global climate finance is reaching Indigenous Peoples, traditional owners and local communities. The Peoples Forests Partnership – a partnership of Indigenous Peoples Organizations community groups, corporations and NGOs – exists to support forest communities’ call for their right to participate equitably in climate and conservation finance.
peoplesforestspartnership.org
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Fintech PR
Acceleration of global marketing collaboration between Milk Partners, AirAsia rewards, and The Sandbox
– Milk Partners, AirAsia rewards and The Sandbox are collaborating to provide a new experience allowing users to earn real-world value through the metaverse gaming platform
– Launching metaverse game project ‘MiL.k X BIGGIE Wonderverse’ offering SAND Tokens, Milk Coins and AirAsia points
– “MiL.k is committed to continuously expanding its blockchain ecosystem through strategic partnerships with global partners.”
SEOUL, South Korea, Oct. 23, 2024 /PRNewswire/ — Milk Partners has announced a collaboration with The Sandbox, the global metaverse platform, and AirAsia rewards, the loyalty program of Asia’s leading online travel agency (OTA), AirAsia MOVE. This partnership is set to offer global users an immersive Web3 experience where they can earn rewards with real-world value through engaging in a metaverse-based game.
The newly launched ‘MiL.k X BIGGIE Wonderverse’ metaverse game allows users to earn Sand Tokens, Milk Coins, and AirAsia points. The game is inspired by BIGGIE, the mascot of AirAsia rewards, and modeled after the BIGGIE Wonderland mini-game in the AirAsia MOVE app. Users need to first complete tasks by collecting Milk Coins (symbolized game assets) in the Sandbox metaverse, which can be exchanged for other game assets such as virtual AirAsia points, virtual passports, and virtual boarding passes. Once all tasks are completed, users will then be rewarded with Milk Coins, Sand Tokens, and AirAsia points.
This collaboration has been based on MiL.k’s reliability and strong global network, which has steadily expanded partnerships with major global companies and has become an innovative model for the industry.
This collaboration is part of MiL.k’s broader strategy to expand its blockchain-based loyalty ecosystem, which already includes partnerships with SK OK Cashbag, Lotte L.Point, CU, Megabox, Yanolja, and others. AirAsia rewards operates a comprehensive loyalty platform for the AirAsia group, enhancing its travel and lifestyle businesses, including airlines, online travel agent (OTA), logistics, aviation services, e-commerce, financial services, and more. The Sandbox, a global metaverse platform with over 6 million users, offers a unique space for creating games and generating revenue. Together, AirAsia rewards and The Sandbox will further expand MiL.k’s ecosystem through global partnerships.
The CEO of Milk Partners, Jungmin Cho said “Following our successful collaboration event with CU, we are happy to announce the next event with AirAsia rewards. Through this partnership, for partners, we are providing a new marketing channel on metaverse and for users, we are expecting to share the fun experience and real benefits.” He added, “We will continue to explore various opportunities with global partners across diverse industries.”
In June, MiL.k introduced a metaverse experience ‘Play CUX MiL.k’ with CU and The Sandbox, offering users an engaging new way to explore blockchain and the metaverse. MiL.k is committed to continuously expanding its global partnerships to provide more exciting experiences for global users.
Photo – https://mma.prnewswire.com/media/2536675/image.jpg
View original content:https://www.prnewswire.co.uk/news-releases/acceleration-of-global-marketing-collaboration-between-milk-partners-airasia-rewards-and-the-sandbox-302282640.html
Fintech PR
H&M Foundation: Global Change Award 2025 launched – with a mission to accelerate innovation for a net-zero textile industry by 2050
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ — The H&M Foundation today announces a significant shift in its overall strategic direction, focus on supporting the textile industry in halving its greenhouse gas emissions every decade by 2050, while promoting a just and fair transition for both people and the planet. The innovation challenge Global Change Award 2025 (GCA) is the first initiative to reflect this shift.
GCA is now seeking innovative ideas addressing different high emission areas across the textile industry value chain, including sustainable materials and processes, responsible production, mindful consumption, and ‘wildcards’ that support the GCA purpose. Today, only a fraction of philanthropic capital is directed to climate.
“The textile industry needs all hands-on deck if we are going to meet our climate goals by 2050, and we must ensure this transition is fair for everyone. I really believe that innovation is key to decarbonising the industry, and that the Global Change Award can play a role in identifying and growing future changemakers whose ideas can have a transformative impact if given the right support,” says Karl-Johan Persson, Board Member of the H&M Foundation.
Since GCA launched in 2015, 46 innovations have received support and a combined grant of 8 million euros. While it continues to award 10 winners every year, with each receiving 200,000 EUR, there are other key updates to the GCA:
- New focus area – decarbonising the textile industry.
- Holistic approach – equipping changemakers with a holistic people and planet mindset.
- Wider range of changemakers – switching to a nomination-based process, instead of an open application system.
- Systems change approach – equipping changemakers to consider the entire textile value chain and its interconnectedness while also considering the impact on people.
“While the industry is hungry for innovation, the holistic perspective to decarbonisation is often lacking, and the critical early stages of an innovator’s journey overlooked – this is where philanthropy can make a real difference”, says Annie Lindmark, Programme Director for Innovation at the H&M Foundation.
In addition to financial support, winners will gain access to a powerful network of mentors, collaborators, and industry leaders to help bring their solutions to life. Together with partners Accenture and KTH Royal Institute of Technology, H&M Foundation will invite the winners to participate in a yearlong, tailormade Changemaker Programme. The Global Change Award 2025 winners will be announced in April 2025.
CONTACT: Jasmina Sofić, Media Relations Responsible, +4673 465 59 59
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View original content:https://www.prnewswire.co.uk/news-releases/hm-foundation-global-change-award-2025-launched—with-a-mission-to-accelerate-innovation-for-a-net-zero-textile-industry-by-2050-302283317.html
Exclusive tech event will convene business leaders, investors and thought leaders in 2025
LAGUNA BEACH, Calif., Oct. 22, 2024 /PRNewswire/ — Dow Jones announced today the expansion of WSJ Tech Live through a multi-year agreement that will bring the marquee event to the State of Qatar starting next year. Appearing on stage at this year’s event in Laguna Beach, Calif., Sheikh Jassim bin Mansour bin Jabor Al Thani, Director of the Government Communications Office of the State of Qatar, and Almar Latour, publisher of The Wall Street Journal and CEO of Dow Jones, jointly announced that WSJ Tech Live Qatar will debut in late 2025 and take place annually for five years.
This marks the first time WSJ’s most exclusive tech event will be held in the Middle East. The invitation-only conference will bring together an audience of over 200 C-suite executives, investors, innovative startups and influential venture capitalists from across the world. Dow Jones will continue to operate WSJ Tech Live annually in California while adding WSJ Tech Live Qatar to the calendar starting in December 2025.
Sheikh Jassim highlighted that the conference aligns with Qatar’s vision to become a global hub for advanced technology and innovation, as outlined in the Third National Development Strategy and Qatar National Vision 2030.
“Hosting WSJ Tech Live marks another significant step in the growth of Qatar’s technology ecosystem,” said Sheikh Jassim. “When the world’s top tech leaders gather in Qatar, it will create an unparalleled opportunity to benefit from their diverse expertise, insights and global networks. This will inspire local talent, attract international investment, and create avenues for strategic global partnerships that propel our development journey forward.”
“Dow Jones and The Wall Street Journal deliver reliable journalism, data, and analytics to business professionals worldwide, and to do so we must reflect the entire global business community,” said Latour. “With the MENA region’s growth and increased role in tech–especially at the intersection of AI and the energy sector–we are delighted to be partnering with Qatar.”
Currently in its 11th year, WSJ Tech Live convenes the biggest newsmakers in technology across entertainment, music, robotics and AI, science and more. This year’s marquee event is the company’s most successful Tech Live since its inception, with record-breaking sponsorship revenue. The event showcased groundbreaking insights on a wide range of topics including the global impact of generative AI, the future of brain-computer interfaces, the outlook for startup investments, fostering the next generation of technology talent and how the upcoming U.S. election could impact the tech industry.
WSJ Tech Live joins a series of global events hosted in Qatar, including the FIFA World Cup™, Web Summit Qatar, Formula 1 Qatar Grand Prix, and Doha Forum. The event also builds on Dow Jones’s existing presence in MENA, which serves as an important hub for reporting from The Wall Street Journal, and home to key sales and services functions.
About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
About the Government Communications Office of the State of Qatar
The Government Communications Office was established in 2015 to serve as the strategic communications arm of the State of Qatar. It coordinates communications activities across government and public-sector institutions, showcasing the country’s vision, initiatives and achievements in line with the Qatar National Vision 2030.
View original content:https://www.prnewswire.co.uk/news-releases/dow-jones-to-expand-wsj-tech-live-event-to-qatar-302283664.html
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