Nyxoah Publiera ses Résultats Financiers du Premier Trimestre 2024 le 14 Mai 2024

Nyxoah Publiera ses Résultats Financiers du Premier Trimestre 2024 le 14 Mai 2024

Mont–Saint–Guibert, Belgique – 13 mai 2024, 22h30 CET / 16h30 ET – Nyxoah SA (Euronext Bruxelles/Nasdaq : NYXH) (« Nyxoah » ou la « Société ») opère dans le secteur des technologies médicales et se concentre sur le développement et la commercialisation de solutions innovantes destinées à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS). La Société a a annoncé aujourd'hui qu’elle publiera ses résultats financiers pour le premier trimestre 2024 le mardi 14 mai 2024, après la clôture du marché. Le management de la Société organisera une conférence téléphonique pour discuter des résultats financiers ce jour–là à partir de 22h30 CET / 16h30 ET.

Une retransmission de la conférence sera accessible via la page Relations avec les investisseurs du site web de Nyxoah ou par le biais de ce lien : Nyxoah's Q1 2024 earnings call webcast. Pour ceux qui n'ont pas l'intention de poser une question au management, la Société recommande d'écouter la webdiffusion.

Si vous avez l'intention de poser une question, veuillez utiliser le lien suivant : Nyxoah’s Q1 2024 earnings call. Après l'inscription, un courriel sera envoyé, comprenant les détails de la composition et un code d'accès unique à la conférence téléphonique nécessaire pour rejoindre l'appel en direct. Pour s'assurer que vous êtes connecté avant le début de l'appel, la société suggère de s'inscrire au moins 10 minutes avant le début de l'appel.

Le webcast archivé sera disponible peu après la clôture de l'appel.

A propos de Nyxoah
Nyxoah opère dans le secteur des technologies médicales. Elle se concentre sur le développement et la commercialisation de solutions innovantes destinées à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS). La principale solution de Nyxoah est le système Genio®, une thérapie de neurostimulation du nerf hypoglosse sans sonde et sans batterie qui a reçu le marquage CE, centrée sur le patient et destinée à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS), le trouble respiratoire du sommeil le plus courant au monde. Ce dernier est associé à un risque accru de mortalité et des comorbidités, dont les maladies cardiovasculaires. La visions de Nyxoah est que les patients souffrant de SAOS doivent pouvoir profiter de nuits réparatrices et vivre pleinement leur vie.

Pour plus d'informations, veuillez consulter le site http://www.nyxoah.com/.

Attention – Marquage CE depuis 2019. Dispositif de recherche aux États–Unis. Limité à un usage expérimental aux États–Unis par la loi fédérale américaine.

Déclarations prospectives
Certaines déclarations, croyances et opinions contenues dans le présent communiqué de presse sont de nature prospective et reflètent les attentes actuelles de la société ou, le cas échéant, des administrateurs ou de la direction de la société concernant le système Genio®, les études cliniques prévues et en cours sur le système Genio®, les avantages potentiels du système Genio® ; les objectifs de Nyxoah en ce qui concerne le développement, la voie réglementaire et l'utilisation potentielle du système Genio® ; l'utilité des données cliniques pour l'obtention éventuelle de l'approbation du système Genio® par la FDA ; et les résultats d'exploitation, la situation financière, les liquidités, les performances, les perspectives, la croissance et les stratégies de la société. De par leur nature, les déclarations prévisionnelles impliquent un certain nombre de risques, d'incertitudes, d'hypothèses et d'autres facteurs qui pourraient faire en sorte que les résultats ou événements réels diffèrent matériellement de ceux exprimés ou sous–entendus dans les déclarations prévisionnelles. Ces risques, incertitudes, hypothèses et facteurs pourraient avoir une incidence négative sur les résultats et les effets financiers des plans et des événements décrits dans le présent document. En outre, ces risques et incertitudes comprennent, sans s'y limiter, les risques et incertitudes énoncés dans la section ” Facteurs de risque ” du rapport annuel de la société sur le formulaire 20–F pour l'exercice clos le 31 décembre 2023, déposé auprès de la Securities and Exchange Commission (” SEC “) le 20 mars 2024, et des rapports ultérieurs que la société dépose auprès de la SEC. Une multitude de facteurs, y compris, mais sans s'y limiter, les changements dans la demande, la concurrence et la technologie, peuvent faire en sorte que les événements, les performances ou les résultats réels diffèrent de manière significative de tout développement anticipé. Les déclarations prospectives contenues dans le présent communiqué de presse concernant des tendances ou des activités passées ne constituent pas des garanties de performances futures et ne doivent pas être considérées comme une déclaration selon laquelle ces tendances ou activités se poursuivront à l'avenir. En outre, même si les résultats ou développements réels sont conformes aux déclarations prospectives contenues dans le présent communiqué de presse, ces résultats ou développements peuvent ne pas être représentatifs des résultats ou développements des périodes futures. Aucune déclaration ou garantie n'est donnée quant à l'exactitude ou à la sincérité de ces déclarations prospectives. En conséquence, la société décline expressément toute obligation ou tout engagement de publier des mises à jour ou des révisions des déclarations prospectives contenues dans le présent communiqué de presse à la suite d'un changement des attentes ou d'un changement des événements, conditions, hypothèses ou circonstances sur lesquels ces déclarations prospectives sont basées, sauf si la loi ou la réglementation l'exige expressément. Ni la Société, ni ses conseillers ou représentants, ni aucune de ses filiales, ni les dirigeants ou employés de ces personnes ne garantissent que les hypothèses sous–jacentes à ces énoncés prospectifs sont exemptes d'erreurs et n'acceptent aucune responsabilité quant à l'exactitude future des énoncés prospectifs contenus dans le présent communiqué de presse ou à la survenance réelle des développements prévus. Vous ne devriez pas accorder une confiance excessive aux déclarations prospectives, qui ne sont valables qu'à la date du présent communiqué de presse.

Contacts :
Nyxoah
David DeMartino, Chief Strategy Officer
IR@nyxoah.com

 

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GLOBENEWSWIRE (Distribution ID 1000950583)

Nyxoah to Release First Quarter 2024 Financial Results on May 14, 2024

Nyxoah to Release First Quarter 2024 Financial Results on May 14, 2024

Mont–Saint–Guibert, Belgium – May 13, 2024, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the first quarter 2024 on Tuesday, May 14, 2024, after market close. Company management will host a conference call to discuss financial results that day beginning at 10:30pm CET / 4:30pm ET.

A webcast of the call will be accessible via the Investor Relations page of the Nyxoah website or through this link: Nyxoah's Q1 2024 earnings call webcast. For those not planning to ask a question of management, the Company recommends listening via the webcast.

If you plan to ask a question, please use the following link: Nyxoah’s Q1 2024 earnings call. After registering, an email will be sent, including dial–in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, the Company suggests registering a minimum of 10 minutes before the start of the call.

The archived webcast will be available for replay shortly after the close of the call.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient–centered, leadless and battery–free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest. 

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward–looking statements
Certain statements, beliefs and opinions in this press release are forward–looking, which reflect the Company's or, as appropriate, the Company directors' or managements' current expectations regarding the Genio® system; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; and the Company's results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward–looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward–looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20–F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward–looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward–looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward–looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward–looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward–looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward–looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward–looking statements, which speak only as of the date of this press release.

Contacts:
Nyxoah
David DeMartino, Chief Strategy Officer
IR@nyxoah.com

 

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GLOBENEWSWIRE (Distribution ID 1000950583)

King Faisal Specialist Hospital and Research Centre Welcomes New Deputy CEO Amid Strategic Transformations

RIYADH, Saudi Arabia, May 13, 2024 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital and Research Centre (KFSH&RC) has recently welcomed Dr. Björn Zoéga as its Deputy CEO, an appointment that underscores its commitment to promoting and fostering healthcare excellence. Dr. Zoéga, renowned for his extensive experience in healthcare management and policy, joins a dedicated team as the hospital continues to drive key strategic initiatives.

KFSH&RC, a leader in medical research and clinical services, continues to attract global expertise to bolster its vision of healthcare excellence. With Dr. Zoéga's involvement, the hospital is advancing a digital transformation strategy designed to improve operational efficiency and enhance patient care. His expertise in fostering international collaborations, evidenced by his former role as president of the European University Hospital Alliance (EUHA) and through initiatives like JOIN4ATMP aimed at advancing access to innovative therapies, further aligns KFSH&RC's services with global healthcare trends.

Key projects at KFSH&RC include the deployment of advanced digital technologies to streamline the patient care process, the adoption of innovative care models, and the upgrading of facility amenities. These strategic efforts aim to improve access to medical services and facilitate better communication, reflecting KFSH&RC's dedication to setting new standards in healthcare.

Dr. Zoéga's previous contributions at Karolinska University Hospital, which is ranked the second best in Europe and seventh globally by Newsweek's 2024 World's Best Hospitals, where he nurtured a culture of continuous learning and collaboration among healthcare professionals, align well with KFSH&RC's objectives. His role in fostering programs like EUCARE and facilitating the Europe–wide exchange of intensive care nurses during crises has significantly enhanced staff development and supported his previous hospital's goal of attracting top talent—a principle mirrored in KFSH&RC's transformation journey. With Dr. Zoéga contributing to leadership, KFSH&RC is poised to further its role as a pivotal player in shaping the future of healthcare in Saudi Arabia.

About King Faisal Specialist Hospital and Research Centre:

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced medical research and education hub. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating healthcare standards worldwide.

The hospital has secured its position as the leading brand in the healthcare sector across the Kingdom and the Middle East, marking its second consecutive year as the most valuable healthcare brand. It ranks 9th within the Kingdom and 28th in the Middle East. The hospital distinguishes itself as the sole hospital globally to break into the top 10 brands in its country, as highlighted in two reports by “Brand Finance” on the 50 most valuable brands in Saudi Arabia and the 150 most valuable brands in the Middle East in 2024.

Due to the transformation programs and the Kingdom’s Vision 2030, launched by His Royal Highness the Crown Prince and Prime Minister – may God protect him – to enhance the Kingdom’s leadership in the global healthcare sector, KFSH&RC has emerged as a leading Academic Medical Centre in the Middle East and Africa. It maintained its 20th rank globally for the second consecutive year in 2024, according to “Brand Finance.” Additionally, it has been ranked among the top 250 hospitals globally in 2024 by the American magazine “Newsweek.”

For further information, please contact:

Mr. Essam AlZahrani, Acting Head of Media Affairs, 0555254429

Mr. Abdullah Alown, Media Coordination Officer, 0556294232

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83d04605–9a75–41cb–8947–81c858209621

 


GLOBENEWSWIRE (Distribution ID 9116335)

Impulse Dynamics Surpasses 10,000 Patients Benefiting From CCM® Therapy for Heart Failure

Marlton, NJ, May 13, 2024 (GLOBE NEWSWIRE) — Impulse Dynamics, a global medical device company dedicated to improving the lives of people with heart failure (HF), announced today that it has reached a worldwide milestone by surpassing 10,000 patients having received the Optimizer® system for the treatment of moderate HF. This milestone highlights the benefit and importance of this therapy in helping patients live a full life with HF.

“I noticed positive changes since the procedure, such as not feeling cold or numb, I could walk every day and everywhere, did my regular chores and shopping, and shared activities like swimming with my daughter,” said Tracey, who received her CCM® device in 2023. “I'm no longer huffing, puffing, or gasping for air,” said Joe, another HF patient who received his CCM device in 2022. “I'm reborn ─ a whole new person ─ no longer incapacitated. My life has changed so much that we're considering taking a trip. And my wife is ecstatic because I have my life back, and we have ours again.”

“We are deeply motivated by the patients who benefit from CCM therapy. Their progress inspires us to continuously enhance our technology, aiming to improve the lives of those suffering from heart failure,” said David Prutchi, Chief Technology Officer for Impulse Dynamics, who has worked on the development of CCM therapy since its inception.

David had the opportunity to meet one of these patients, Raynita, who was implanted with an Optimizer device this year. Raynita saw immediate improvement after starting CCM therapy and gave the following remarks on the experience: “I feel like a different person. I can do things I haven’t done in years. I am attending my granddaughter’s college graduation!”

CCM is available in 44 countries, and the technology has continued to advance, based on the needs of patients and physicians. The latest generation of the proprietary CCM technology is the Optimizer Smart Mini, which offers a rechargeable battery with 20–year battery life and a smaller size designed to make the implant procedure faster and easier for patients and physicians.

“We are committed to ongoing innovation in this important therapy that has such a clear clinical need around the world,” said Jason Spees, CEO of Impulse Dynamics. “We are also getting closer to significantly impacting the implantable cardioverter defibrillator (ICD) market with successful enrollment in our INTEGRA–D clinical trial on the CCM–D® HF System, which is the first–of–its–kind technology, combining the lifesaving benefits of an ICD with HF symptom relief through CCM therapy in one device.”

The patients statements in this Press Release represent the testimonials of their individual outcomes and may not be typical for all patients.

About the Optimizer and CCM Therapy 

The Optimizer Smart Mini system delivers CCM therapy — the company’s proprietary technology — to the heart, providing an important treatment option for the millions of patients suffering from heart failure. CCM therapy is designed to significantly improve heart contraction, allowing more oxygen–rich blood to be pushed out through the body.[1] CCM therapy is indicated to improve 6–minute hall walk, quality of life, and functional status of NYHA Class III HF patients who remain symptomatic despite guideline directed medical therapy, are not indicated for CRT, and have a left ventricular ejection fraction ranging from 25 to 45 percent.

CCM is the brand name for cardiac contractility modulation—the non–excitatory electrical pulses delivered by the implantable Optimizer device to improve heart contraction. CCM therapy sends unique electrical pulses to the heart cells during the absolute refractory period. In doing so, CCM helps the heart contract more forcibly. Impulse Dynamics has completed numerous clinical studies, including several randomized controlled trials, the results of which appeared in more than 100 articles from leading medical journals.

About Impulse Dynamics

Impulse Dynamics is dedicated to advancing the treatment of heart failure for patients and the healthcare providers who care for them. The company pioneered its proprietary CCM therapy, which uses the Optimizer technology platform to improve quality of life in HF patients. CCM therapy is delivered through the Optimizer system, which includes an implantable pulse generator (IPG) implanted in a minimally invasive procedure and approved for commercial use in the United States and 44 countries worldwide. More than 10,000 patients have received the therapy as part of clinical trials and real–world use, where it is proven to be safe and effective for heart failure patients with debilitating symptoms who otherwise have few effective options available to them. To learn more, visit www.ImpulseDynamics.com, or follow the company on LinkedIn, X (formerly Twitter), and Facebook.

Forward–looking Statements

This press release contains forward–looking statements. All statements other than statements of historical facts contained in this press release are forward–looking statements. In some cases, you can identify forward–looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘plan,’’ ‘‘anticipate,’’ ‘‘could,’’ ‘‘intend,’’ ‘‘target,’’ ‘‘project,’’ ‘‘contemplate,’’ ‘‘believe,’’ ‘‘estimate,’’ ‘‘predict,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions, although not all forward–looking statements contain these words. Forward–looking statements include, but are not limited to, statements concerning potential benefits of CCM therapy. These forward–looking statements are based on management’s current expectations and involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward–looking statements. Other important factors that could cause actual results, performance or achievements to differ materially from those contemplated in this press release include, without limitation: the company’s future research and development costs, capital requirements and the company’s needs for additional financing; commercial success and market acceptance of CCM therapy; the company’s ability to achieve and maintain adequate levels of coverage or reimbursement for Optimizer systems or any future products the company may seek to commercialize; competitive companies and technologies in the industry; the company’s ability to expand its indications and develop and commercialize additional products and enhancements to its current products; the company’s business model and strategic plans for its products, technologies and business, including its implementation thereof; the company’s ability to expand, manage and maintain its direct sales and marketing organization; the company’s ability to commercialize or obtain regulatory approvals for CCM therapy and its products, or the effect of delays in commercializing or obtaining regulatory approvals; FDA or other U.S. or foreign regulatory actions affecting us or the healthcare industry generally, including healthcare reform measures in the United States and international markets; the timing or likelihood of regulatory filings and approvals; and the company’s ability to establish and maintain intellectual property protection for CCM therapy and products or avoid claims of infringement. The company does not undertake any obligation to update forward–looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward–looking statements contained herein. These forward–looking statements should not be relied upon as representing the company’s views as of any date subsequent to the date of this press release.

###


[1] European Journal of Heart Failure (2021) doi:10.1002/ejhf.2202

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GLOBENEWSWIRE (Distribution ID 9116301)

Bombardier inaugure le nouveau Salon Aviateur dans la Principauté de Monaco

  • Le Salon Aviateur de Bombardier a été inauguré officiellement par S.A.S, le Prince Albert II de Monaco
  • Le nouveau Salon offre un espace sophistiqué où les visiteurs peuvent apprendre sur les avions ultra performants de Bombardier, son histoire et ses innovations, y compris la recherche avant–gardiste sur les façons les plus écoresponsables de voler
  • Situé au cœur du Monaco Yacht Club, au niveau du port, le nouvel espace vient compléter la présence déjà solide de la Société en Europe, qui comprend deux centres de service et plusieurs autres établissements de soutien sur le continent
  • Le Salon Aviateur est le premier espace de ce type proposé par un avionneur, avec un design intérieur sur mesure par Andrea Mosca
  • Les invités de l’inauguration du Salon ont pu admirer le nouvel ouvrage Bombardier de la collection Ultimate par la maison d’édition Assouline qui raconte plus de 80 ans de traditions de l’entreprise familiale par des visuels iconiques et des perspectives exclusives

MONTRÉAL, 13 mai 2024 (GLOBE NEWSWIRE) — Bombardier a fièrement ouvert le nouveau Salon Aviateur Bombardier (« Aviator Lounge by Bombardier »), situé stratégiquement au Monaco Yacht Club. S.A.S. le Prince Albert II de Monaco a officiellement inauguré le Salon, en compagnie de Pierre Beaudoin, président du conseil d’administration de Bombardier, et d’autres membres de la haute direction de Bombardier. Le nouveau Salon offre un espace superbe et accueillant où les visiteurs pourront en savoir plus sur les avions, l’héritage et les innovations de Bombardier. Les invités de ce salon exclusif seront accueillis par l’équipe des ventes régionales de Bombardier.

« Nous sommes extrêmement fiers de réaffirmer notre présence dans la région par l’ouverture du magnifique nouveau Salon Aviateur Bombardier, le premier espace sur mesure de ce type offert par un avionneur. Nous sommes honorés d’être aussi fermement ancrés au sein du Monaco Yacht Club, une institution historique et prestigieuse au cœur de la Principauté de Monaco », a déclaré Emmanuel Bornand, vice–président des Ventes internationales de Bombardier. « Le Salon Aviateur est un lieu de rencontre unique. Grâce à son emplacement, il symbolise la rencontre de la mer, de la terre et de l’air. Et surtout, il constitue un endroit accueillant qui nous permet de rencontrer quiconque veut s’arrêter pour en savoir plus sur la recherche avant–gardiste de Bombardier en matière de développement durable, sur les huit décennies d’innovation qui ont généré les performances record sans compromis de nos avions, et notre recherche de pointe sur des façons plus écoresponsables de voler. »

Le Salon Aviateur s’ajoute à la présence déjà solide de Bombardier dans le monde entier. En Europe, les membres de l’équipe des Ventes de Bombardier sont basés stratégiquement sur tout le continent pour être accessibles aux clients, peu importe où ils se trouvent. Son vaste réseau d’établissements de service comprend deux centres de service, à Londres–Biggin Hill et à Berlin, ainsi que cinq escales de maintenance en ligne. Ces escales sont notamment celles de l’aéroport de Nice, au deuxième rang des aéroports les plus occupés d’Europe pour l’aviation d’affaires, et de l’aéroport du Bourget, à Paris.

Design innovant et accueillant

Le Salon Aviateur, qui reflète déjà la nouvelle image de marque de Bombardier dévoilée il y a à peine quelques semaines, est un chef–d’œuvre de design. Il a été conçu par l’architecte parisien réputé Andrea Mosca. À partir d’une toile blanche, il a conceptualisé un espace invitant centré sur une valeur de base de Bombardier : l’importance de relations authentiques et personnalisées témoignant de son sens de la famille.

Mosca a trouvé des façons ingénieuses d’intégrer les innovations et réalisations les plus importantes de Bombardier dans le design, tant à titre symbolique que pour engager la conversation. Le comptoir d’accueil en forme d’aile d’avion suggère l’héritage de Bombardier en innovation dans la conception de l’aile. Il évoque l’ailette utilisée pour la première fois sur les avions Learjet et qui s’est ensuite imposée en design aéronautique. C’est également un hommage à l’aile Bombardier Smooth Flĕx Wing, une merveille d’ingénierie derrière le vol en douceur légendaire et les performances sans compromis des avions Bombardier Global, qui peuvent voler sous tous les types de climat et sont les avions les plus gros à pouvoir atterrir à des aéroports comme l’aéroport Saanen de Gstaad. Un superbe appareil d’éclairage ressemblant à un disque monobloc de turboréacteur est suspendu au plafond, rappelant que Bombardier a été la première dans l’aviation d’affaires à utiliser ce type de moteur évolué.

La plateforme de recherche EcoJet, par laquelle Bombardier teste des améliorations aérodynamiques, de propulsion et autres visant une réduction potentielle des émissions de gaz à effet de serre des avions de 50 %, est également présentée bien en évidence. Elle témoigne de l’engagement et du dévouement continu de Bombardier à trouver des moyens tangibles de réduire l’empreinte environnementale de l’aviation.

Les superbes photographies d’avions Bombardier par le réputé photographe français Guillaume Plisson ornent les murs et rehaussent cet espace. Ces images ont été prises lors de sa récente collaboration de grande envergure avec Bombardier qui a permis de produire une foule d’images évocatrices qui ajoutent à la nouvelle identité visuelle de la Société. C’était une première percée dans le monde de l’aviation pour M. Plisson, l’un des plus célèbres photographes du secteur maritime et des yachts du monde.

Nouvel ouvrage de la collection Ultimate d’Assouline pour célébrer l’héritage de Bombardier

Pendant l’inauguration du Salon Aviateur, les invités ont pu admirer pour la première fois le tout nouveau livre Bombardier, par la réputée maison d’édition Assouline. Le livre, dans la collection Ultimate d’Assouline, suit l’histoire de Bombardier de ses débuts à Valcourt, au Québec (Canada), où l’inventeur légendaire Joseph–Armand Bombardier a fondé l’entreprise dans les années 1920 après avoir inventé une première autoneige, jusqu’à son évolution actuelle de société axée uniquement sur la conception, la construction et l’entretien des meilleurs avions d’affaires du monde. Fort d’une profonde recherche, l’ouvrage est complété de réflexions de Laurent Beaudoin, gendre de Joseph–Armand Bombardier, qui a dirigé l’entreprise de 1966 à 2008, et de son petit–fils Pierre Beaudoin, actuel président du conseil d’administration de Bombardier. Grâce aux fascinantes photos d’archives et à de nouvelles images de Guillaume Plisson, les lecteurs pourront découvrir la passionnante histoire de la société d’aviation d’affaires canadienne de calibre mondiale. Le livre sera en vente à compter de juin 2024.

À propos de Bombardier

Chez Bombardier (BBD–B.TO), nous concevons, construisons, modifions et entretenons les avions les plus performants du monde pour les individus, les entreprises, les gouvernements et les militaires les plus avisés du monde. Cela signifie non seulement de dépasser les exigences des normes, mais aussi de comprendre les clients suffisamment bien pour prévenir leurs besoins inexprimés.

Pour eux, nous tenons à jouer un rôle de pionniers pour l’avenir de l’aviation – en innovant pour rendre le transport aérien plus fiable, plus efficace et plus écoresponsable. Et nous tenons absolument à livrer un savoir–faire attentionné sans pareil, en renforçant la confiance de nos clients et en leur procurant l’expérience de haut niveau à laquelle ils s’attendent. Parce que les gens qui façonnent le monde auront toujours besoin des moyens les plus productifs et les plus responsables de s’y déplacer.

Les clients de Bombardier exploitent une flotte d’environ 5 000 avions, soutenus par un vaste réseau mondial de membres de l’équipe Bombardier, ainsi que par 10 établissements de services dans six pays. Les avions Bombardier aux performances de premier ordre sont fièrement construits dans des installations d’activités liées aux aérostructures, à l’assemblage ou à la finition au Canada, aux États–Unis et au Mexique.

Information

On trouvera des nouvelles et des renseignements sur l’entreprise, y compris le rapport de Bombardier sur les aspects environnementaux, sociaux et de gouvernance, ainsi que les plans de l’entreprise pour couvrir la totalité de ses opérations aériennes avec du carburant d’aviation durable en utilisant le système Réserver et réclamer, sur le site bombardier.com.

Pour en savoir plus sur les produits de Bombardier et son réseau de service clientèle à l’avant–garde de l’industrie, consultez le site businessaircraft.bombardier.com/fr. Suivez–nous sur X (Twitter) @Bombardier.

Énoncés prospectifs

Le présent communiqué de presse contient certains énoncés prospectifs. De par leur nature, les énoncés prospectifs exigent que la Société formule des hypothèses et ils sont assujettis à d’importants risques et incertitudes, connus et inconnus, de sorte que nos résultats réels de périodes futures pourraient différer grandement des résultats prévus dans ces mêmes énoncés prospectifs. Voir la mise en garde sur les « Énoncés prospectifs » dans le plus récent rapport financier publié par Bombardier Inc. pour en savoir plus.

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Tinca Stokojnik Prouvost
+1–514–240–0356
tinca.stokojnik.prouvost@aero.bombardier.com

Bombardier, Learjet, Global et Smooth Flĕx Wing sont des marques déposées ou non déposées de Bombardier Inc. ou de ses filiales.

Une photo associée à ce communiqué de presse est disponible à l'adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/c2d188cd–e45f–47b5–b5a6–d79680986ba9/fr


GLOBENEWSWIRE (Distribution ID 9116063)

Bombardier Inaugurates New Aviator Lounge in the Principality of Monaco

  • The Aviator Lounge by Bombardier was officially opened by H.S.H, Prince Albert II of Monaco
  • The new Lounge provides a state–of–the–art space where visitors can learn about Bombardier’s best–performing aircraft, history, and innovations, including the groundbreaking research into more sustainable ways to fly
  • Located in the heart of Monaco, at the harbour level of the Monaco Yacht Club, the new space complements the company’s already strong presence in Europe that includes two service centres and several other facilities across the continent
  • The Aviator Lounge is the first space of this kind by any jet company, with bespoke interior designed by Andrea Mosca
  • Guests of the Lounge inauguration got a first look at Bombardier, the new Ultimate Book by Assouline that presents over 80 years of company and family legacy through stunning visuals and exclusive insights

MONTRÉAL, May 13, 2024 (GLOBE NEWSWIRE) — Bombardier proudly opened the new Aviator Lounge by Bombardier, strategically located at the Monaco Yacht Club. H.S.H. Prince Albert II of Monaco officially inaugurated the Lounge in the company of Pierre Beaudoin, Bombardier’s Chairman of the Board and other Bombardier’s senior leadership members. The new Lounge will provide a visually stunning, welcoming space for visitors to learn about Bombardier’s aircraft, legacy, and innovations. Guests of this exclusive lounge will be hosted by Bombardier’s regional sales team.

“We are immensely proud to reaffirm our presence in the region with the opening of the magnificent new Aviator Lounge by Bombardier, the first tailor–made space of this kind by any jet manufacturer. We are honoured to be so firmly anchored within the Monaco Yacht Club, a historic and prestigious institution at the heart of the Principality of Monaco,” said Emmanuel Bornand, Vice President of International Sales, Bombardier. “The Aviator Lounge is a unique meeting place. Thanks to its location, it symbolizes the meeting of the land, the sea and the air. Most importantly, it provides a welcoming place for us to meet with anyone who wants to stop by to learn about Bombardier’s groundbreaking research in sustainability, about the eight decades of innovation that resulted in uncompromising, record–breaking performance of our jets, and our pioneering research into more sustainable ways to fly.”

The Aviator Lounge complements Bombardier’s already strong presence across the globe. In Europe, members of Bombardier’s sales team are strategically located across the continent to be available to clients wherever they are. A broad network of service facilities includes two service centres, in London – Biggin Hill and Berlin, and five Line Maintenance Stations. These include stations at the Nice airport, the second busiest in Europe in terms of business aviation, and at Le Bourget airport in Paris.

An innovative and welcoming design

The Aviator Lounge, which already reflects Bombardier’s new brand identity unveiled only weeks ago, is a design masterpiece. It was conceived by the renowned Paris–based architect Andrea Mosca. Working from a blank canvas, he conceptualized an inviting space that is centered on Bombardier’s core value: the importance of authentic, personal, family–like relationships.

Mosca found ingenious ways to integrate Bombardier’s most important innovations and achievements into the design, both as their symbols and as conversation starters. The welcome desk in the shape of an aircraft wing hints at Bombardier’s legacy of innovation in wing design. It evokes the winglet that was first used on Learjet aircraft before becoming prevalent in aircraft design. It is also a tribute to Bombardier’s Smooth Flĕx Wing, an engineering marvel behind the legendary smooth flight and uncompromising performance of Bombardier Global aircraft, which can perform in all types of weather and are the largest to land in airports like Gstaad’s Saanen. A stunning lightning feature resembling an engine fan blisk hangs from the ceiling, a reminder that Bombardier was the first in business aviation to use this advanced engine type.

Bombardier’s EcoJet research platform, through which the company is testing aerodynamic, propulsion and other enhancements with the potential to reduce an aircraft’s greenhouse gas emissions by 50%, is prominently displayed as well. It serves as a symbol of Bombardier’s longstanding dedication and commitment to finding tangible ways to reduce aviation’s environmental footprint.

Stunning photographs of Bombardier aircraft by the renowned French photographer Guillaume Plisson grace the walls and further elevate the space. The images were taken as part of his recent extensive collaboration with Bombardier that resulted in a host of evocative images that add to the company’s new visual identity. This was the first foray into the world of aviation for Plisson, one of the world’s most prominent maritime and yacht photographers.

New Assouline Ultimate book celebrates Bombardier’s heritage

During the inauguration of the Aviator Lounge, guests were also able to see for the first time the brand–new book Bombardier, by the acclaimed publishing house Assouline. The book, an Assouline Ultimate edition, charts Bombardier’s history from its beginnings in Valcourt, Québec (Canada), where the legendary innovator Joseph–Armand Bombardier founded the company in the 1920s after inventing a first snowmobile, until its current evolution as a company focused solely on designing, manufacturing and servicing the world’s best business jets. The deeply researched book is complemented with insights from Laurent Beaudoin, Joseph–Armand Bombardier’s son in law, who helmed the company from 1966 to 2008, and his grandson Pierre Beaudoin, Bombardier’s current Chairman of the Board. Thanks to fascinating archival photography and new visuals by Guillaume Plisson, readers will be treated to a window seat to the fascinating history and legacy of the legendary Canadian business jet company. The book will be on sale from June 2024.

About Bombardier

At Bombardier (BBD–B.TO), we design, build, modify and maintain the world’s best–performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.

For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.

Bombardier customers operate a fleet of approximately 5,000 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance–leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico.

For information

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book and Claim system, visit bombardier.com.

Learn more about Bombardier’s industry–leading products and customer service network at bombardier.com. Follow us on X (Twitter) @Bombardier.

Forward–looking statements

This press release contains certain forward–looking statements. By their nature, forward–looking statements require the Corporation to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from those set forth in the forward–looking statements. Please refer to the “Forward–Looking Statements” disclaimer contained in Bombardier Inc.’s most recently published financial report for additional details.

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Tinca Stokojnik Prouvost
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Bombardier, Learjet, Global, and Smooth Flĕx Wing are are registered or non–registered trademark of Bombardier Inc. or its subsidiaries.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c2d188cd–e45f–47b5–b5a6–d79680986ba9


GLOBENEWSWIRE (Distribution ID 9116063)

South Africa will be President of G20 in 2025: Two much-needed Reforms it Should Drive

Credit: IMF

By Danny Bradlow
PRETORIA, South Africa, May 13 2024 – South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum for international economic cooperation.

During its G20 presidential year, South Africa will host a summit of heads of state and government. It will also be responsible for organising and chairing about 200 meetings of ministers and officials. These will come from the G20 members, invited countries and international organisations like the International Monetary Fund and the World Bank.

The meetings will focus on issues such as the challenges facing the global economy and whether the current arrangements for global economic governance are able to respond effectively.

The G20 presidency, therefore, presents South Africa with an opportunity to promote reforms in global economic governance. But there are constraints. It will inherit an agenda from Brazil, the current G20 chair. And it will have to respond to developments in the current dynamic and complex global environment.

Danny Bradlow

The IMF/World Bank spring meetings held in April in the US suggest some achievable objectives for the G20 next year. There was a great deal of discussion about the inability of current arrangements to adequately address global challenges like climate, public health, inequality, poverty and digitalisation.

There’s not necessarily agreement on how to prioritise these challenges. And, unfortunately, the views of the rich states, which prioritise issues like carbon emissions, dominate the discussions. For example, the World Bank highlighted the fact that, in the 2023 financial year, it increased the funds loaned for climate-related purposes by more than 20%, allocating 41% of all its lending to climate.

But its own survey of its borrower countries shows that climate ranks number 11 on the list of priorities of its borrower states. Health, education, agriculture and food security, and water and sanitation rank much higher. Nevertheless, at least two gaps became evident in the discussions.

The first relates to IMF reform. The second concerns the relationship between international organisations and their member states.

South Africa should aim to fill these gaps. It should encourage the G20 to commission two studies on the scale and scope of the challenges that the international community faces, and propose some responses. Ideally, it should convince the G20 to commission these studies in 2024 so that it can begin discussing policy responses in 2025.

This kind of approach has been effective. Over the last few years, the multilateral development banks have been the subject of G20-commissioned studies. This has led to proposals designed to make them “bigger and better”.

Shortcomings

The need for IMF reform is becoming more urgent. It is adapting its operations to deal with the macro-economic impacts of issues like climate, gender and inequality. The IMF has created a Resilience and Sustainability Trust that is providing financing to 18 countries, primarily for adaptation. It is reviewing its Debt-Sustainability Framework for Low-Income Countries so that it incorporates these “new” issues.

These changes are being made in an opaque and unpredictable way, however. The IMF has not made publicly available the principles and procedures it uses when deciding what aspects of these “new” issues to take on.

It can’t accurately assess the full impacts of these issues unless it understands how communities, workers, businesses and civil society organisations will respond to the social and environmental impacts of specific policy and fiscal initiatives with macroeconomic implications. It cannot gain this information without consulting these groups.

This means it must engage more with a broader range of stakeholders than it did when it focused exclusively on more traditional macroeconomic and financial stability concerns. These new issues, therefore, raise questions about the appropriate form for the relationship between the IMF and its member states.

At the spring meetings, the Development Committee of the World Bank and the IMF “reiterated the importance of accountability mechanisms in enhancing development outcomes and stimulating internal learning and feedback.”

Yet the IMF remains the only international financial institution without an independent accountability mechanism.

The second gap relates to the fact that developing countries are spending more on external debt service than on health and education. This is undermining their efforts to deal with climate change, inequality and sustainable development goals. Some discussants also regretted that there was a net outflow of funds from the global south to the global north.

As some have noted, the amount of funding committed to new development financing initiatives by rich countries is paltry compared to what’s needed. This has led, for example, economic ministers from Brazil, Germany, South Africa and Spain to call for a global tax on billionaires.

This is an important and creative idea. But the proposal raises difficult questions about state sovereignty and about the design of the institutions of global governance.

What’s needed

While multilateral development banks have been the subject of G20-commissioned studies, the IMF has not undergone a similar examination.

South Africa should commission a group of experts to study how the IMF should change to take on these new issues. The study should look at IMF governance, operational policies and practices, and its financial needs. The purpose would be to identify the current shortcomings in structures and functions.

Experts should also think of ways to make the IMF more responsive to the needs and priorities of all its member states and their citizens.

Second, South Africa should call for a study of how best to divide responsibility between states and the international financial institutions. This is particularly important when it comes to the environmental and social impacts of operations.

The purpose would be to understand how the roles and functions of these institutions are evolving and how this is affecting their relations with their member states. The study could propose ways to ensure that the structure and functions of institutions are both respectful of state sovereignty and appropriate for the responsibilities that the institutions are assuming.

Raising a global wealth tax for developmental purposes could be one example used in this study.

Danny Bradlow is a Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria. In addition to his position at the University of Pretoria, he is also a Compliance Officer in the Social and Environmental Compliance Unit of the UNDP and Co-Chair of the Academic Circle on the Right to Development, which advises the UN Special Rapporteur on the Right to Development.

Source: The Conversation– a nonprofit, independent news organization dedicated to unlocking the knowledge of experts for the public good. The University of Pretoria provides funding as a partner of The Conversation AFRICA.

IPS UN Bureau

 


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General Assembly Strengthens Palestine’s Status at UN — with New Privileges

Results of the General Assembly’s vote on the resolution on the status of the Observer State of Palestine. 10 May 2024. Credit: UN Photo/Manuel Elías

By Thalif Deen
UNITED NATIONS, May 13 2024 – The United States and its closest political and military ally, Israel, once again found themselves isolated last week when 143 of the UN’s 193 member states approved a resolution enhancing the role of Palestine providing it with new diplomatic privileges.

And the US, meanwhile, has implicitly threatened to cut off funding– if and when the UN provides legitimacy to Palestine. But that legitimacy is not likely to be achieved as long the US continues to exercise its veto to deny Palestine the status of a full-fledged UN member state.

Currently, Palestine is “a non-member observer state”– a recognition granted by the U.N. General Assembly back in 2012. But any application to become a full U.N. member needs to be approved by the Security Council and at least by two-thirds of the General Assembly.

Ian Williams, President of the New York-based Foreign Press Association (FPA) told IPS: ”I have observed the Israeli reaction to Palestinian approaches for three decades. Israel derides and devalues the UN but is fervent in its opposition to a Palestinian presence. But Israel never walks out, They know that the UN resolutions are their sole legal claim to legitimacy.”

One has to rephrase Groucho Marx’s comments on being excluded from an exclusive club, why would Palestine want to be part of the Club that allows a criminal disreputable member like Israel a platform? The best answer is that it exposes the criminality of Israel and the duplicity of the US.

Sadly, he said, every unprincipled US veto for Israel erodes Washington’s diplomatic standing and lends support to tyrants in Moscow, Damascus and elsewhere, making the US an accomplice to genocide in general not just in the Middle East.

“One suspects that if Israel declared that pi equals three, the State Department would wield its veto to support it, and have its diplomats prove it with maps and diagrams,” said Williams.

The US, which has consistently vetoed Security Council resolutions on UN membership for Palestine, voted against last week’s General Assembly resolution, along with Israel, Argentina, Czechia, Hungary—and four small island developing states, namely., Micronesia, Nauru, Palau and Papua New Guinea—probably under US pressure.

Perhaps so did some of the 25 countries that abstained from voting: Albania, Austria, Bulgaria, Canada, Croatia, Fiji, Finland, Georgia, Germany, Italy, Latvia, Lithuania, Malawi, Marshall Islands, Monaco, Netherlands, North Macedonia, Paraguay, Republic of Moldova, Romania, Sweden, Switzerland, Ukraine, United Kingdom, and Vanuatu.

Sarah Leah Whitson, Executive Director, Democracy for the Arab World Now (DAWN), told IPS the US government’s threat to cut funding to the UN if it recognizes Palestinian statehood is a shameful effort to bully a global body into submission.

“Blocking Palestinian self-determination for no reason other than to pacify a rogue Israeli government is the rock bottom of a moral bankruptcy decades in the making,” she said.

According to the UN, Palestine’s new status will include:

    1. To be seated among Member States in alphabetical order
    2. Make statements on behalf of a group
    3. Submit proposals and amendments and introduce them
    4. Co-sponsor proposals and amendments, including on behalf of a group
    5. Propose items to be included in the provisional agenda of the regular or special sessions and the right to request the inclusion of supplementary or additional items in the agenda of regular or special sessions
    6. The right of members of the delegation of the State of Palestine to be elected as officers in the plenary and the Main Committees of the General Assembly
    7. Full and effective participation in UN conferences and international conferences and meetings convened under the auspices of the General Assembly or, as appropriate, of other UN organs

Michael Schaeffer Omer-Man, Israel Palestine Research Director at DAWN, told IPS the General Assembly vote makes it clearer than ever that the United States is the last remaining barrier blocking Palestinians from any measure of self-determination.

“America is facing growing isolation in the world due to its unquestioned backing of Israel and refusal to support Palestinian rights”, he noted.

Elaborating further, Williams said, apart from annoying (Israel’s Ambassador Gilad) Erdan, an interesting side effect of Palestine’s new privileges is that the delegation moves from a seat in the gallery to the main body of the General Assembly, sandwiched between Panama, which supported Palestine’s bid, and Palau, which never has, and whose ambassador is also the Pacific Atoll’s recently accredited representative to Israel.

“Let us hope, Palestinian representative Riyad Mansour’s team is hospitable to their new neighbor and has time for informative chats about shared histories since ironically the US had thwarted Palau’s own statehood with a threatened veto for many years because the islanders refused access to US nuclear weapons on its territory!’

Presumably Palau’s staunch anti-nuclear stance is flexible enough to accommodate Israel’s nuclear weapons and refusal to sign the NPT, declared Williams, a former President of the UN Correspondents Association (UNCA).

According to a transcript of the Security Council meeting, Riyad Mansour, Permanent Observer of the observer State of Palestine, recounted the devastating impacts of the ongoing war in Gaza, with over 35,000 Palestinians killed, a further 80,000 injured and over two million displaced.

“No words can capture what such loss and trauma signify for Palestinians, their families, their communities and for our nation as whole,” he said.

He added that the Palestinians in Gaza have been pushed to the “very edge” of the Strip “to the very brink of life” with “bombs and bullets haunting them”.

Mansour said despite the attacks and destruction, the flag of Palestine “flies high and proud” in Palestine and across the globe, becoming a “symbol raised by all those who believe in freedom and it’s just rule”.

“It is true that we will not disappear, but the lives lost cannot be restored,” he stated.

Mansour said after holding observer status for 50 years, “we wish from all those who invoke the UN Charter to abide by the right of the Palestinian people to self-determination guaranteed by the Charter.”

Ambassador FU Cong of China, a permanent member of the Security Council, said Palestine should have the same status as Israel– and that Palestinian people should enjoy the same rights as Israeli people.

“It is the common responsibility of the international community to support and advance the process of Palestinian independent Statehood, and provide strong support for the implementation of the two-State solution and a lasting peace in the Middle East,” he said

He pointed out that the United States has repeatedly used its veto “in an unjustified attempt” to obstruct the international community’s efforts to correct the “historical injustice long visited on Palestine”.

“It is not commensurate with the role of a responsible major country,” he said.

He also recalled the overwhelming support for the General Assembly resolution, reaffirming the right of Palestinian people to self-determination, and recommending that the Security Council reconsider favourably its application to join the United Nations

“China welcomes this historic resolution, which reflects the will of the international community,” Ambassador Fu declared.

IPS UN Bureau Report

 


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Biodiversity Masterplan: Negotiations on Crucial Science, Technology for Implementation Underway

Hector Alan Valdes Suarez from the Global Youth Biodiversity Network speaks about the youth perspective being an invaluable asset in the implementation of the Biodiversity Plan. Credit: Joyce Chimbi/IPS

Hector Alan Valdes Suarez from the Global Youth Biodiversity Network speaks about the youth perspective being an invaluable asset in the implementation of the Biodiversity Plan. Credit: Joyce Chimbi/IPS

By Joyce Chimbi
NAIROBI, May 13 2024 – The triple planetary crises of climate change, biodiversity loss, pollution, and waste are escalating. At the current pace, the world is on track to lose one quarter of all plant and animal species by 2030, with one species already dying out every 10 minutes. One million species face extinction. Human activity has already altered three-quarters of the land on Earth and two-thirds of the ocean.

Against this backdrop, the 26th session of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA) of the Convention on Biological Diversity (CBD) opened today in Nairobi, Kenya.

Hector Alan Valdes Suarez from the Global Youth Biodiversity Network told IPS that SBSTTA “seeks to build momentum to achieve global and national ambitious goals to halt and reverse the ongoing monumental biodiversity crises.”

Multidisciplinary and open to participation by all parties to the convention, SBSTTA comprises government representatives competent in the relevant field of expertise to ensure that policies are informed by the best available science at the time. SBSTTA has met 25 times to date. The ongoing 26th meeting will acknowledge contributions to the implementation of the Kunming-Montreal Global Biodiversity Framework—also known as the Biodiversity Plan—hashed out at meetings in Kunming, China, and Montreal, Canada, in 2022.

As an open-ended intergovernmental scientific advisory body set up to provide the Conference of the Parties (COP) and, as appropriate, its other subsidiary bodies, with timely advice relating to the implementation of the CBD, SBSTTA “provides a platform for actors outside the Convention, such as youths, women, non-government organizations, and Indigenous Peoples and Local Communities (IPLCs), to observe negotiations on crucial science and also assess how they are or could contribute to, the Convention on Biological Diversity. The Convention is unique as actors outside the CBD can lobby for their views to be included through a Party to the Convention,” he says.

The Convention, which entered into force in December 1993, is the first global agreement to cover all aspects of biological diversity. Senka Barudanovic of Bosnia and Herzegovina, Chair of the SBSTTA Bureau, said the 26th meeting of SBSTTA is “especially important as we are at a critical moment in time to ensure that our actions are guided by a robust foundation of scientific and technical knowledge, tools, and guidelines.”

“The good news is that there is a wealth of knowledge and experience for us to use and build on as we walk this journey together for effective conservation, sustainable use, and the fair and equitable sharing of benefits from the use of biodiversity.”

The six-day meeting seeks to forge agreement among delegates from 196 parties to the CBD on issues pertaining to the implementation of the Kunming-Montreal Global Biodiversity Framework, also known as  The Biodiversity Plan. Hard science and a multi-disciplinary approach are high on the SBSTTA 26 agenda as pertains to the implementation of the plan, specifically how the scientific and technical needs of all parties, including the Least Developed Countries (LDCs), among other developing countries, will be met.

Suarez said as parties to the CBD resume negotiations on crucial science and technology, “it is to develop and agree on a monitoring framework to track progress and implementation of the Biodiversity Plan. There are four goals and 23 targets so the indicators are globally uniform to track whether these targets are being achieved and they should be flexible and adaptable to the national context. In my view, many of these indicators are addressing actors outside the convention, such as youths, women, and Indigenous Peoples and Local Communities (IPLCs), and their representation at the meeting to hear what the parties are saying is critical.”

“These actors are contributing to the goal of the Biodiversity Plan at local levels, and their contributions ought to be recognized too, so they matter, and the decisions taken by the parties affect these actors the most, especially women and young people. The process is much more than agreeing on the right science and technical skills to reverse biodiversity loss. Increased accountability and transparency are key even as we gather to agree on how to measure success towards reaching set goals and consistency of reporting at the global level, hence the need for parties to continuously consult,” she said.

The gathering recognizes these concerns, as there are at least 80 representatives of Indigenous Peoples and local communities, as well as observer organizations, participating in the meeting. Indigenous people’s voices are key, as they suffer disproportionately from loss of biodiversity and environmental degradation. Their lives, survival, development chances, knowledge, environment, and health conditions depend on the successful implantation of the plan.

Cyri Wafula Nyongesa from the International University Network on Cultural and Biological Diversity agrees, telling IPS that even as scientists hash out hard science, technical, and technological knowledge to support the implementation of the Biodiversity Plan, there is a need to look at existing gaps in its implementation framework. These gaps include the need for capacity building and reporting frameworks that are simple and also draw connections between global and national plans.

As agreed in a landmark decision of CBD COP 15 in December 2022, the UN-driven strategy is the world’s masterplan to halt and reverse biodiversity loss by 2030, and sets out a pathway to reach the global vision of a world living in harmony with nature by 2050 using four goals and 23 targets. The goals are to protect and restore nature, to prosper with nature, to share benefits fairly, and to invest in and collaborate for nature’s benefit.

“One year and a half after the Biodiversity Plan was historically adopted, parties to the CBD must now fine-tune the important details that will take the world from agreement to action,” said David Cooper, Acting Executive Secretary of the CBD. “The subsidiary body is leveraging science and technology to help the parties to the CBD deliver on their commitment to people and nature.”

Ongoing discussions are firmly framed within the CBD overall agenda to address all threats to biodiversity and ecosystem services, including threats from climate change, through scientific assessments, the development of tools, incentives, and processes, the transfer of technologies and good practices, and the full and active involvement of relevant stakeholders.

Delegates have resolutely set the ball rolling towards reporting on the monitoring framework, the national status of implementation, and the mobilization of financial resources for the Biodiversity Plan. The ultimate goal is to fast-track the implementation of sustainable solutions to biodiversity loss, restore ecosystems, and protect indigenous rights.

IPS UN Bureau Report

 


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