Fintech PR
Carbonaires and the Republic of North Macedonia forge pioneering partnership to build robust Voluntary Carbon Markets

LONDON, Jan. 3, 2024 /PRNewswire/ — Carbonaires Limited (“Carbonaires” or the “Company”), the London-based carbon asset manager, today announces that it has signed a Memorandum of Understanding (MoU) with the Republic of North Macedonia (MKD) in a groundbreaking Public-Private Partnership (PPP) to develop robust Voluntary Carbon Markets (VCMs) within the country. This landmark agreement marks a significant step forward in addressing climate change, not only for MKD but also as a potential model for other regional and international jurisdictions.
This innovative PPP sets a potential precedent on the world stage, showcasing a new model for effective cooperation between governments and private entities in developing robust VCMs. The year-long negotiations leading to this landmark agreement were facilitated by Mr. Eser Cevahir, Board Member of Cevahir Holding and Honorary Consul of North Macedonia to Turkey.
The MoU reflects both parties’ intentions to collaborate on the further development of rules and regulations for VCMs within the country. The agreement focuses on two key objectives:
- To develop a strong regulatory framework for VCMs: The two parties will collaborate to analyse and strengthen existing legal frameworks governing VCMs, building upon national climate change legislation and strategies. This will ensure greater transparency and alignment with international best practices and set the highest standards of integrity for the country’s own VCMs.
- To implement a project: The partnership will oversee the implementation of a high-integrity VCM project within MKD. Chosen in consultation with the government, the project could involve initiatives to remove carbon from the air, such as afforestation, biochar production or enhanced rock weathering – all aimed at generating high-quality, high-integrity carbon offsets.
Developing VCMs unlocks a number of benefits for MKD. It not only accelerates domestic environmental action but also sets a model of best practice for other nations and demonstrates regional leadership. The evolution of VCMs demonstrates MKD’s commitment to achieving carbon neutrality and will help to deliver increased green investment and job creation, improved air quality and economic growth.
Through this partnership, Carbonaires will expand its global reach and build greater regional experience, further solidifying its position as a leader in the VCMs. Collaborating with the MKD government on project implementation offers a unique opportunity to refine practical solutions for VCMs in partnership with a public entity.
The immediate activation of the MOU underscores the commitment of both parties to swift progress, with a one-year timeframe set for jointly developing and implementing the agreed-upon activities.
Mr. Fatmir Bytyqi, Deputy Prime Minister of the Republic of North Macedonia said:
“This partnership marks a significant step in the decarbonisation of our nation. The Republic of North Macedonia believes Public Private Partnerships are the key to unlocking a robust Voluntary Carbon Market, evidenced through our collaboration with Carbonaires. Working in this way is about securing jobs and better air quality both in the short and longer terms. It is about demonstrating leadership and political will to embrace a green economic future regionally and internationally. We have a duty to consider the stewardship of our nation’s natural resources for future generations. We must be bold enough to take such steps now and not at some future undetermined date when it may be too late.”
Mr. Eser Cevahir, Honorary Consul of North Macedonia to Turkey said:
“We are excited to partner with Carbonaires in this groundbreaking initiative. We believe that this PPP has the potential to not only propel the Republic of North Macedonia’s journey towards carbon neutrality but also pave the way for a transformative approach to VCM development regionally and globally.
Mr. Rasih Ozturkmen, CEO and founder of Carbonaires, said:
“This collaboration marks a pivotal moment in Carbonaires’ mission to drive effective climate action through robust VCMs. We are confident that working alongside the Republic of North Macedonia’s government will not only benefit the country and the environment but also serve as a model for developing VCMs regionally and internationally.”
Carbonaires was founded in 2021 by a group of entrepreneurial investors and ESG ambassadors to finance high-quality, high-integrity carbon reduction projects. Through its proven streaming model, the company provides funding to enterprises that demonstrably reduce atmospheric carbon, in turn helping businesses to strengthen their financial viability. The carbon credits generated through projects are made available for purchase to corporations who have committed to a transparent and verifiable carbon reduction plan.
View original content:https://www.prnewswire.co.uk/news-releases/carbonaires-and-the-republic-of-north-macedonia-forge-pioneering-partnership-to-build-robust-voluntary-carbon-markets-302024566.html
Fintech PR
BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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View original content:https://www.prnewswire.co.uk/news-releases/bingx-joins-nbx-2025-as-a-gold-sponsor-empowering-blockchain-innovation-302402414.html
Fintech PR
Great Bay Insurance Group announces executive changes

WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice

LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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