Fintech PR
Revitalizing Urban Economies Globally: Empowering Urban Finance through UN-Habitat’s SDG Cities Strategies
![revitalizing-urban-economies-globally:-empowering-urban-finance-through-un-habitat’s-sdg-cities-strategies](https://thefintechbuzz.com/wp-content/uploads/2024/02/50439-revitalizing-urban-economies-globally-empowering-urban-finance-through-un-habitats-sdg-cities-strategies.jpg)
TORONTO, Feb. 23, 2024 /PRNewswire/ — The World Urban Pavilion – Powered by Daniels hosted the World Summit on UN-Habitat’s SDG Cities and Urban Finance to plan urban transformations at a global scale starting in Toronto, Canada. Since its launch in October 2023, the Glocal Platform for Urban Finance (GPUF) has achieved a significant milestone, bringing together representatives from the United Nations, investors, decision-makers, and urban stakeholders. An exciting achievement was hosting UN-Habitat’s SDG Cities Initiative and its expert network.
The Summit helped strengthen the GPUF’s mandate to facilitate alignment between finance and sustainable urban innovation and transformation, supported by data analytics. This was a historic moment for the platform as it began this conversation in Toronto as a major hub for urban innovation and transformation through urban finance. The Pavilion is contributing to this global vision for Toronto as it was selected by the United Nations as a global hub for SDG Cities. The Pavilion played a pivotal role in convening these key partners to advance sustainable urban finance initiatives.
Co-hosted by the founders of the GPUF, the Urban Economy Forum (UEF), and Aragon, the event attracted a distinguished audience including global leaders, urban planners, investors, and innovators, all dedicated to advancing the discourse on urban innovation and practical transformative solutions in Toronto and cities worldwide.
The event served as a critical nexus linking financing and investors with specific needs in cities. This gathering not only reinforced the city’s stature, but also showcased best practices and development efforts in fostering innovation across sectors and the possibility of presenting investment opportunities to event attendees.
“This marks a wonderful moment for the GPUF, the first of many where the platform collaborates with cities and local organizations to create opportunities, attract, and ultimately secure investments for truly transformative urban solutions, which will revitalize urban economy globally,” said Reza Pourvaziry, Chair of the UEF & GPUF. “We are working with all partners and are looking forward to bringing these innovations to the World Urban Forum (WUF12) that will be held from November 4 – 8, 2024 in Cario, Egypt,” said Pourvaziry.
“GPUF is filling a critical gap in the globe to ensure good urban developments have access to the financing capital they deserve. This is a transformative initiative that has high potential for economic, social, and environmental impact”, said Eduardo Moreno, Co-Director of the World Urban Pavilion.
UN-Habitat, a main founding partner of the World Urban Pavilion, presented how its flagship programme SDG Cities is supporting cities in Canada but also globally. Dyfed Aubrey, Inter-regional Advisor and recently Head of SDG Cities at UN-Habitat, stated that “From engaging with local leaders to developing analytical frameworks, SDG Cities is committed to supporting sustainable urban development initiatives”.
Also representing UN-Habitat, Douglas Ragan, a Programme Management Officer, explained how the SDG Cities program aims to reach 1000 cities by 2026. “Online tools and resources are provided to facilitate the localization of data, the development of strategic planning, and the implementation of sustainable practices”, said Ragan. These tools and resources are foundational for platforms like the GPUF to ensure cities are well equipped and have access to technical support if required.
Alongside UN-Habitat, major partners such as Convergence, Global CEO Alliance, CitiIQ, and EMIF Group shared valuable insights into sustainable urban development practices. A recurring theme throughout the discussions underscored the critical importance of collecting and analyzing good urban data, particularly disaggregated at local level, to gain a deeper understanding of the challenges and opportunities faced by cities. The University of Toronto’s School of Cities Urban Data Center, sharing its work with the City of Toronto to break down traditional data silos to address technical barriers of data sharing.
Furthermore, UN-Habitat’s City Investment Facility (CIF) demonstrated how it is building capacity and confidence in sustainable urban development by streamlining investment processes for urban projects, ensuring adherence to a bankable format. CIF contributes to drive progress in sustainable urban development, ultimately fostering the creation of inclusive and resilient cities, and advancing SDGs realization.
As part of the Pavilion’s flagship initiative, Canada Frontrunner of Urban SDG, several organisations including, Noventa Energy, Vancity Community Investment Bank, Northcrest Developments, Serotiny Group, Mitrex, Parataxis Design and Development, highlighted their collaboration with Toronto, presenting unique solutions articulated to investment opportunities. Learning from these experiences, Mayor Emmanuel Serunjoji of the Kawempe Division and Mayor Paul Mugambe of the Nakawa Division from Kampala City, Uganda. Both joined the summit as representatives of the Lake Victoria Local Authorities Cooperation, an organization that represents 135 cities in East Africa. The mayors exposed some of the challenges their city is facing and established dialogue with Canada Frontrunner participants to understand how to integrate Canadian innovations in their city.
Representatives of the City of Toronto showcased unique public-private partnerships that have led to the creation of innovative financing models and new technologies contributing to its long-term strategic objectives, such as the aim to decarbonize buildings by 2040. Encouraging private sector contributions to the Sustainable Development Goals, the city actively collaborates with private entities to foster innovations to drive sustainable development.
David West, Mayor of Richmond Hill also shared his inspiring vision for the future of cities and highlighted his city’s commitment to build a sustainable tomorrow.
The summit was also an important opportunity to recognize the involvement of TERRITORIA, a Mexican based development organization. TERRITORIA was announced as a member of UEF and sponsor of the upcoming 6th Urban Economy Forum (UEF6). TERRITORIA is working with UEF’s Latin America and The Caribbean Office on a global pilot in Mexico. The partnership will focus on innovative models and financing approaches to build a sustainable tourism community.
Frank Stronach, Canadian Billionaire, Global Entrepreneur, and Founder of Magna International, shared insights during the summit’s first day, advocating for the role of the private sector in improving people’s quality of life through profit-sharing with employees. This approach fosters a culture of ownership, creativity, and common responsibility, boosting employee motivation and satisfaction while cultivating a sense of collective purpose and commitment to long-term success.
Another recurring theme throughout the conference was the emphasis on technology use to achieve sustainability goals. Companies like Sparrow Living, Brickeye, and Chargelab shared important contributions to national and global sustainability agendas backed by sustainable business models.
The summit highlighted the pivotal role of the Glocal Platform for Urban Finance to attract investors to Canada and identify transformative financial opportunities that are aligned with sustainability. “Let’s recognize the interconnectedness of our cities and the global community. This summit provides a platform to showcase remarkable progress, learn from each other, and collaborate on innovative solutions for meaningful impact”, said Amir Hossein Kashfi, Managing Director of Aragon.
This event’s success underscores the importance of collective action in shaping inclusive and sustainable urban futures, setting a promising precedent for forthcoming urban finance endeavors. “This World Summit marked the first event showcasing the GPUF’s remarkable capacity to connect finance to urban innovations and developments, opening new possibilities for sustainable urban financing.” Said Alex Venuto, Deputy Director of the World Urban Pavilion.
As the GPUF continues to expand, it collaborates with cities and organizations paving the way to identify investment opportunities with clear financial returns and social impacts. Investors can join the GPUF through a membership model, gaining access to exceptional opportunities.
For those interested in joining the platform, you can contact: [email protected]
Organizations:
Urban Economy Forum: serves as a dynamic platform dedicated to addressing the complex challenges and opportunities inherent in urban development. Comprising a diverse range of stakeholders, including policymakers, urban planners, industry leaders, and academics, the UEF fosters collaborative dialogue and innovative solutions aimed at advancing sustainable urban economies worldwide. Through its conferences, forums, and initiatives, the UEF explores pressing issues such as inclusive growth, urban resilience, and equitable access to resources. With a commitment to driving positive change, the UEF facilitates knowledge sharing, capacity building, and strategic partnerships to shape urban policies and practices that promote economic prosperity, social equity, and environmental sustainability in cities around the globe.
The United Nations Human Settlements Programme, UN-Habitat, is the United Nations agency for human settlements. It is mandated by the UN General Assembly to promote socially and environmentally sustainable towns and cities with the goal of providing adequate shelter for all.
Aragon: At Aragon Corp, we are more than consultants – we are partners, guides, and champions of your entrepreneurial journey. Rooted in the vibrant Canadian startup ecosystem, we understand the dreams, challenges, and triumphs that come with building a business in this diverse and dynamic nation.
Glocal Platform for Urban Finance: The Glocal Platform for Urban Finance (GPUF) represents a pioneering initiative aimed at revolutionizing the way cities access and utilize financial mechanisms for sustainable urban development. Designed to bridge the gap between global financial resources and local urban needs, the GPUF serves as a catalyst for transformative change. By connecting existing financial mechanisms with on-the-ground urban challenges, the platform empowers cities to address pressing issues such as inequality, poverty, environmental degradation, and climate change. Through innovative financial models, strategic partnerships, and technical advisory services, the GPUF facilitates the implementation of sustainable urban projects, ensuring that cities worldwide can thrive in an ever-changing landscape.
The World Urban Pavilion in Regent Park – Powered by Daniels is a global knowledge exchange hub to share best practices, innovation and research in urban development and revitalization from countries around the world. The Pavilion envisions people centered, sustainable cities that are planned through data, driven by innovation, and informed by the SDGs. The Pavilion is working in three critical areas: urban knowledge, innovation, and transformation.
View original content:https://www.prnewswire.co.uk/news-releases/revitalizing-urban-economies-globally-empowering-urban-finance-through-un-habitats-sdg-cities-strategies-302070009.html
Fintech PR
Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool
![board-the-token2049-treasure-express-with-bybit-and-dive-into-an-$80,000-prize-pool](https://thefintechbuzz.com/wp-content/uploads/2024/09/54690-board-the-token2049-treasure-express-with-bybit-and-dive-into-an-80000-prize-pool.jpg)
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
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
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/board-the-token2049-treasure-express-with-bybit-and-dive-into-an-80-000-prize-pool-302240594.html
Fintech PR
Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan
![bybit-expands-global-reach,-receives-formal-consent-for-full-authorization-in-kazakhstan](https://thefintechbuzz.com/wp-content/uploads/2024/09/54692-bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan.jpg)
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.
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
View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html
Fintech PR
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
![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](https://thefintechbuzz.com/wp-content/uploads/2024/09/54686-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.png)
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
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]
-
Fintech PR4 days ago
Basware Officially Registered as PDP Service Provider as French Businesses Prepare for Mandatory E-Invoicing
-
Fintech5 days ago
Banking in the United Arab Emirates stands at an inflection point between the traditional branch-based model and a digital AI-enabled future – new Capco survey
-
Fintech PR3 days ago
IMF: Financial and Regulatory Reform Agenda Contributed to Accelerating Saudi Economy’s Growth
-
Fintech PR3 days ago
Bybit Web3 Kicks off Babylon Season With Unprecedented Access and Rewards, Uplifting Liquidity in BTC Ecosystem
-
Fintech PR3 days ago
ICEYE and Aon expand collaboration with flood and wildfire data agreement to enhance event response
-
Fintech PR3 days ago
Purchase Order Financing Market to Reach $12.9 Billion, Globally, by 2033 at 8.7% CAGR: Allied Market Research
-
Fintech PR3 days ago
Jamie Mullarkey named Markel’s Global Executive Underwriting Officer for Property and First Party Lines
-
Fintech PR4 days ago
Quadrature Climate Foundation surpasses US$1 billion in philanthropic commitments, emphasising strategic, science-led climate action