[ad_1] London (dpa) – According to German Chancellor Olaf Scholz, a future peace order for Ukraine must be based on the principle that the country will be able to defend itself and have a strong army. “It will also have to remain large in times of peace – far beyond Ukraine’s economic potential,” Scholz said after the special Ukraine summit in London. This means that support for Ukraine must remain considerable even once the war comes to an end, he explained. “It is the land under attack, a victim of Russian aggression,” he said. “This is the truth that is…
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[ad_1] A look at the day ahead in European and global markets from Ankur Banerjee As trade tensions simmer and investors contend with Germany ripping up its fiscal rulebook, the European Central Bank is widely expected to cut interest rates again on Thursday but what comes next remains up in the air. The ECB has cut rates five times since June as inflation retreated and economic growth faltered. But with rates slowly approaching a level that no longer restricts economic growth, one might expect an end to the easing cycle. That may not be the case here, though, as the…
[ad_1] “At UpEnergy, quality and transparency are the cornerstones of our mission… By investing heavily in digital monitoring, we continue to uphold and elevate the highest standards of carbon credit integrity that the market demands.” —Mitch Sauers, CEO of UpEnergy Post this The Beyond Biomass program, certified by Gold Standard (GS12082 in Tanzania and GS11579 in Uganda), is projected to distribute 250,000 metered clean cookstoves by 2028, with 10,000 units already deployed. The initiative is expected to generate a supply of Verified Emission Reduction (VER) credits from Tanzania and Uganda over the next decade, improving the lives of more than…
[ad_1] Representational image. Credit: Canva Thailand is considering a proposal to allow businesses to offset up to 15% of their greenhouse gas emissions using carbon credits under a planned emissions trading system. The initiative aims to boost the country’s voluntary carbon market, particularly for nature-based projects. Suraphon Buphakosum, Vice President and Head of Sustainability Service Development at the Stock Exchange of Thailand (SET), highlighted that the move is intended to stimulate the voluntary carbon market and encourage investment in forestry projects. However, the scheme remains subject to government approval and will only permit credits from nature-based initiatives. Thailand plans to…
[ad_1] CAPE TOWN – ArcelorMittal South Africa has confirmed that it will shut down its long steel production by April this year. This follows unsuccessful discussions with the government to keep the plant open.READ | Discussion | Future of the South African steel industryThe closure is expected to have a significant impact on various industries, particularly local scrap metal dealers who rely on the steel sector for business.To discuss what this means for these traders eNCA spoke to Mark Fine, owner of Fine Trading and leader of the Scrap Recycling Coalition, a forum representing around 40 independent metal recyclers across the…
[ad_1] Image source: Getty Images The Self-Invested Personal Pension (SIPP) has, since its inception in the late 1980s, helped millions of Britons to target a comfortable retirement. With a SIPP, individuals don’t pay income, capital gains or dividend tax on the gains while they’re growing their wealth . And they benefit from tax relief (at 20% to 45%, depending on a person’s income tax bracket) that can be invested for further compound gains. The return someone makes from a SIPP naturally depends on what they invest in. But here’s what a 40-year-old might expect to retire on if they invested…
[ad_1] Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea.SeongJoon Cho | Bloomberg | Getty ImagesSouth Korea’s state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal.The Korea Minting and Security Printing Corporation (KOMSCO), which is responsible for the production and distribution of various security products, suspended sales of gold bars last month.KOMSCO attributed the suspension to issues with procuring supply of raw materials, according to a Google translation of the notice on its website. The mint typically supplies bullion bars to Korea’s commercial banks, stores and online shopping malls.Vending…
[ad_1] Kottayam: The Periyar Tiger Conservation Foundation (PTCF) has launched an initiative to generate carbon credit for the Periyar Tiger Reserve in Kerala. The project is being developed in collaboration with the National Tiger Conservation Authority (NTCA) and The Energy and Resources Institute (TERI), based in Delhi. The three agencies had previously signed a memorandum of understanding, and the project is now under government consideration for approval. Get Latest Mathrubhumi Updates in English By leveraging the rich biodiversity of the Periyar forest region, the initiative aims to obtain carbon credits from internationally recognized agencies. TERI is responsible for identifying suitable…
[ad_1] Representational image. Credit: Canva For years, carbon offsets have been a cornerstone of corporate net-zero strategies, allowing companies to compensate for emissions rather than eliminate them at the source. While offsets serve as a transitional tool, they do not drive the fundamental changes required for deep decarbonization. As a major emitter, the energy sector must pivot toward verifiable data-driven strategies for real and lasting reductions. This transformation hinges on four critical approaches real-time emissions tracking, intelligent renewable integration, digital twins and transparent ESG reporting. Precision in Emission Measurement Effective decarbonization begins with precision. Real-time emissions monitoring enabled by IoT…
[ad_1] Die Börse Frankfurt verzeichnete in den letzten Wochen einen starken Anstieg, nachdem der DAX zuvor einen Rückgang verzeichnet hatte. Die Stimmung wurde durch positive US-Daten aufgehellt, die Hoffnungen auf eine Zinssenkung schürten. Die US-Börsen nähern sich wieder ihren Allzeithochs an, während auch der Goldpreis ein neues Allzeithoch erreichte. Der DAX bleibt jedoch vorerst stabil, da Investoren auf die Rede von US-Notenbankchef Jerome Powell auf dem Notenbankertreffen in Jackson Hole warten. Trotz der positiven Entwicklung warnt Alexander Krämer von der Commerzbank davor, zu sorglos zu sein, da die Volatilität an den Märkten nach wie vor hoch ist. Die Gewinne der…