Image source: Getty Images During September, HSBC (LSE:HSBA) stock jumped by just over 10%. This compares to the FTSE 100 index, which rose by 1.4% over the same period. Therefore, the outperformance was stark, with good reason for it. Here’s what contributed to the rise and what it means for the HSBC share price going forward. Reasons for the jump One story that caught my eye towards the end of the month was news about a very unique trial with IBM. It’s using quantum computing algorithms in a world-first trial to aim to make trading more efficient for its employees.…
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Carbon credit buyers ‘increasingly willing’ to pay premiums for high levels of integrity and proven impact, Sylvera data finds Source link
DAIRY NEWS – Sustainability is an important standard in today’s dairy industry. Customers, consumers and regulators expect producers to make strides in reducing their environmental footprint while improving animal care. Dairy producers have access to a stream of new technologies, management practices and innovations that can improve their sustainability score while boosting productivity and profitability.At the upcoming Carbon, Crops + Cows program, presented by Professional Dairy Producers® (PDP), participants will learn more about what determines sustainability scores, as well as current models and measurement tools. Guided by industry experts and other progressive dairy producers, attendees will learn how improvements can impact…
Two years after suspending the controversial Kariba REDD+ project in northern Zimbabwe, Verra has wrapped up a comprehensive review of the initiative, seeking compensation for an excess and invalid portion of credits issued by project developer Carbon Green Investments (CGI). Presented as an initiative focused on reducing deforestation and forest degradation in the region around Lake Kariba in Zimbabwe, this project secured numerous carbon credit sales contracts with leading brands like Gucci, Volkswagen, Nestlé, and Greenchoice, who used these transactions to offset operational emissions. The project was launched over a decade ago as a joint effort between Swiss CO2 credits broker South…
Gold Standard and Isometric methodologies deemed fit to carry CCP label, after aligning with ICVCM global benchmark Source link
In a move aimed at reshaping confidence in voluntary carbon markets, carbon insurance startup Oka has partnered with Bolsa Argentina de Carbono (BACX) to launch exchange-traded carbon credits with embedded invalidation insurance.The deal, brokered by Lockton, applies to afforestation and reforestation credits listed on the BACX platform, and is the first of its kind in the world, according to Oka.The initiative is expected to set a new benchmark for transparency and risk mitigation in carbon trading—a market frequently criticized for inconsistent quality standards and lack of buyer protections.Relevant: Oka Launches Green Credit Insurance To Boost Climate FinancingOka’s insurance coverage will…
The Tesla (NASDAQ:TSLA) share price often defies logic, rising when you’d expect it to drop and vice versa. But given that it’s up more than 230% in five years, it’s clearly done more increasing than falling overall. Personally, I would have expected the S&P 500 stock to be struggling this year. After all, Tesla has been losing market share in China and Europe, and recently its US market share dropped below 40% for the first time since 2017, according to Reuters. In Q2, revenue and deliveries declined 12% and 13%, respectively. That was the company’s steepest revenue decline in over…
“Not only is the ‘nature finance gap’,” said Future Economy Scotland Senior Economist Hanna Wheatley, “ far smaller than has been assumed, but relying on private finance may actively deter restoration by increasing costs and risks for land managers while diverting scarce public funds towards extractive investor returns. “As Scotland found out by embracing PFI contracts for infrastructure, such arrangements can be lucrative for investors while imposing large costs on everyone else.” The Scottish Government and its nature agency, NatureScot, have in recent years been stepping up efforts to attract private investors to help fill Scotland’s funding gap for nature…
Image source: Getty Images The invention of Ozempic has been a disaster for the Diageo (LSE: DGE) share price. The weight loss drug, also known by its generic name semaglutide or sold as Wegovy, has the peculiar side effect of causing users to drink less. Reasons given include worse hangovers and not getting the same ‘buzz’. As a Diageo shareholder, I’m watching the situation with the Guinness, Smirnoff, and Tanqueray manufacturer with interest. With 27% of British adults being obese and 64% being overweight or obese, use of these anti-obesity treatments might become more and more widespread. Does that mean…
Taiwan and Paraguay have agreed that they will cooperate in carbon credit trade under the Paris Agreement to help them meet their UN-… Source link