[ad_1] ASEAN environment ministers met in Langkawi, Malaysia, for a three-day summit on climate and sustainability. The 18th ASEAN Ministerial Meeting on Environment (AMME-18) gathered more than 200 delegates from member states, Timor-Leste, and partners like the EU, China, South Korea, and Japan. The timing is key. With COP30 in Brazil just weeks away, ASEAN leaders are aligning their climate goals. As per reports, Malaysia used the platform to push regional cooperation, highlight haze reduction, and strengthen climate finance strategies. Carbon Credit Potential in ASEAN Heritage Parks During the summit, Malaysia nominated three sites as ASEAN Heritage Parks: the Tengku…
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[ad_1] Artificial intelligence is hot and transformative, reaching far beyond tech into the investment industry. With so much hype, there is a risk that AI is being used more as a marketing gimmick than as a genuine tool to improve investment strategies. Building on a CFA institute overview of how data science and AI are entering investment management[1], this piece takes the perspective of asset owners and consultants. I offer 5 critical conversations to cut through the noise and uncover the real value of AI in investing. While written with asset owners and consultants in mind, individual investors can also…
[ad_1] WASHINGTON (Reuters) -U.S. private payrolls increased less than expected in August amid easing labor market conditions. Private employment rose by 54,000 jobs last month after a slightly upwardly revised 106,000 increase in July, the ADP National Employment Report showed on Thursday. Economists polled by Reuters had forecast private employment increasing 65,000 following a previously reported 104,000 gain in July. The ADP report, jointly developed with the Stanford Digital Economy Lab, was published ahead of the more comprehensive employment report for August due to be released on Friday by the Labor Department’s Bureau of Labor Statistics. There is no correlation…
[ad_1] Image source: Getty Images As I write on 4 September, the Jet2 (LSE:Jet2) share price is down around 14% on the day. That’s because it published a trading update in the morning and the market didn’t like it very much. The sharp fall came after Jet2 warned that annual earnings are now expected to land towards the bottom end of market forecasts. Management said that since its last update in July, the trend of customers booking much closer to departure has become even more pronounced, making forward visibility more difficult. To the end of August, flown package holiday customers…
[ad_1] Image source: Getty Images The FTSE 250 has slipped around 2% so far this month on concerns about the seasonal September slump. Still, it’s an index full of defensive gems, but one of them I’m not quite ready to pull the trigger on. Defensive companies are usually better equipped to ride out market turbulence. Food producer Premier Foods and defence contractor Chemring are two that could help cushion the blow if the September dip drags on. Another name that has long caught my eye for similar reasons is the pub chain JD Wetherspoons (LSE: JDW). It’s a FTSE 250…
[ad_1] InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Carbon Credit Trading Platform Market Size, Share & Trends Analysis Report By Type (Voluntary Carbon Market And Regulated Carbon), System Type (Cap, Trade, Baseline, And Credit Systems) And End Users (Industrial, Utilities, Energy, Petrochemical, Aviation), Region, Market Outlook And Industry Analysis 2034″The Global Carbon Credit Trading Platform Market is estimated to reach over USD 783.8 million by 2034, exhibiting a CAGR of 18.4% during the forecast period. Request For Free Sample Pages: https://www.insightaceanalytic.com/request-sample/1884The need for carbon markets to achieve net-zero greenhouse gas emissions is…
[ad_1] A recent report by the Earth Innovation Institute (EII) estimates jurisdictional REDD+ projects in the Brazilian Amazon could generate between $10 billion and $20 billion in revenue.The authors suggest that this funding could also scale up forest protection strategies, potentially reducing deforestation by up to 90% by 2030.However, experts are skeptical that these programs can ultimately address the root causes of deforestation and comply with proper consultation with local communities.Recent studies and investigations have revealed that many carbon credits do not represent real emissions reductions, are intertwined with environmental offenders and fail to include Indigenous peoples.See All Key Ideas…
[ad_1] The American Forest Foundation (AFF) announced that it has signed a 15-year contract with Netflix, with the entertainment giant committing to purchase verified carbon credits produced through AFF’s Afforestation, Reforestation, and Revegetation (ARR) carbon project, aimed at transitioning underused fields in the U.S. South into forests. Chartered in 1981, the American Forest Foundation is a national conservation organization, working with family forest owners to deliver conservation impact through programs aimed at implementing forest management practices to care for the health and productivity of their woodlands. The new agreement with Netflix will support AFF’s ARR project, Fields & Forests (F&F),…
[ad_1] NASDAQ caves as US, European bond yields jump higher.A US court has called Trump’s tariffs unconstitutional, and US government could be forced to pay back tariffs.US 30-year Treasury briefly touches 5.00% on Tuesday.With a lower high already in place, traders watch for NASDAQ Composite to initiate downtrend with lower low.September seems eager to prove its reputation as a poor month for stock market performance. On the first trading day of September after the Labour Day holiday, Tuesday opened with the NASDAQ Composite plunging down 1.85%.The danger is coming from the bond market. US Treasury yields are soaring after a…
[ad_1] Carbon-crediting platform Puro.earth announced that it has raised €11 million (USD$12.8 million) in a Series B funding round, with proceeds aimed at strengthening its carbon removal supplier certification infrastructure. Founded in 2018, Puro.earth provides a platform bringing together suppliers of carbon net-negative technologies and companies looking to reduce or counter their carbon footprints. Through Puro.earth’s platform, and based on its carbon credit methodologies, suppliers that remove CO2 from the atmosphere to durable storage of at least 100 years are certified and issued CO2 Removal Certificates (CORCs) into the Puro Registry, which can then be purchased by companies. The company…