شركة GEMXX Corporation تُعلن انضمام Ali S. Abood إلى مجلس إدارة Latin Energy Partners

لاس فيجاس،, June 25, 2024 (GLOBE NEWSWIRE) —

من خلال IBNيسر شركة GEMXX Corporation (المتداولة خارج البورصة تحت الرمز: GEMZ) (والمشار إليها فيما يلي بلفظGEMXXأوالشركة“)، أن تعلن عن انضمام Ali S. Abood إلى مجلس إدارة ذراعها الاستثماري الرئيسي، Latin Energy Partners. تأتي هذه الإضافة الاستراتيجية إلى مجلس الإدارة لتتواءم مع التزام شركة GEMXX بتعزيز محفظتها الاستثمارية وتوسيع تأثيرها في قطاع الطاقة الإقليمي.

يمتلك Ali S. Abood خبرات هائلة في قطاعات الأعمال الدولية والتمويل والاستشارات، مع التركيز بصفة خاصة على سوق الشرق الأوسط وأفريقيا. وتشمل خبراته العريضة شغل مناصب إدارية رفيعة وأدوار استشارية في العديد من المؤسسات متعددة الجنسيات، في قطاعات منها لتعدين والطاقة وتداول السلع والخدمات المالية.

إن الروح الريادية للسيد/ Abood واستراتيجياته التسويقية المبتكرة نجحت على الدوام في ضمان صفقات عمل هائلة لعملائه. كما أن خبرته في ترتيب التمويل من خلال وكالات الائتمان الحكومية الدولية والقروض المشتركة كانت عاملاً مساعدًا في تسهيل صفقات تجارية كبرى. تشمل المناصب البارزة خلال حياته العملية المميزة شغله مناصب رفيعة لدى شركة Esso (Exxon) والبنك التجاري السعودي، إلى جانب مناصبه الاستشارية في شركات الدفاع والهندسة والعديد من شركات التكنولوجيا.

وفي معرض تعليقه على هذه المناسبة، قال السيد/ Abood “لقد ساعدت خبراتي الهائلة في الأعمال والتمويل الدولي، لا سيما في قطاع الطاقة، في إعدادي بشكل جيد لشغل هذا المنصب البارز. ولا يوجد أي تكتل نفطي بري آخر يمتلك مثل هذه الإمكانيات التي تصل لإنتاج عدة مليارات من البراميل. إنني أتطلع إلى الاستفادة من خبراتي في ترسيخ علاقات عمل وتوفير فرص تمويل رئيسية ترتقي بشركة Latin Energy Partners إلى آفاق جديدة”.

السيد/ Abood حاصل على درجة علمية في تجارة الأعمال ويمتلك مؤهلات احترافية في المحاسبة والتمويل، وبهذا تعزز خلفيته الأكاديمية خبراته العملية. وهو يشتهر بمهارات التفاوض الدبلوماسية وعلاقاته مع شخصيات سياسية وتجارية رفيعة المستوى في الشرق الأوسط وأفريقيا وحول العالم، ومن ثم فهو يتبوأ مكانة جيدة للمساهمة في النمو والنجاح الاستراتيجي لشركة Latin Energy Partners.

وبهذه المناسبة، قال Richard Clowater، الرئيس التنفيذي لشركة GEMXX Corporation “نشعر بالحماسة للإعلان عن انضمام Ali S. Abood إلى مجلس إدارة Latin Energy Partners“. وأضاف “إن خبراته العريضة وسجله الحافل في ضمان علاقات عمل قوية وتوفير التمويل للمؤسسات تمثل قيمة لا تُقدر بثمن في إطار سعينا لتوسيع استثماراتنا في قطاع الطاقة. إننا واثقون من أن قيادة السيد/ Abood وأفكاره الثاقبة سوف تعزز النمو الهائل والنجاح الكبير لشركة Latin Energy Partners“.

نبذة عن LATIN ENERGY PARTNERS
شركة Latin Energy Partners هي شركة رائدة ناشئة ومستقلة عاملة في قطاع الاستكشاف والإنتاج تعمل على استكشاف احتياطيات الهيدروكربونات الهائلة في أمريكا اللاتينية، وهي واحدة من مناطق الهيدروكربونات على مستوى العالم التي لم تحظ بالقدر الكافي من الاستكشاف. تأتي مساعينا مدعومة بحقوق ملكية فكرية شاملة وفهم قوي للبيئة الجيولوجية الإقليمية.

وتُقدم Latin Energy Partners نفسها باعتبارها شركة رائدة محتملة في قطاع “أصول النفط والغاز” بأمريكا اللاتينية وتلتزم بالتطور المستدام والمسؤول للموارد الطبيعية من خلال تطبيق أساليب صديقة للبيئة والمجتمع بشكل عام.

للحصول على مزيد من المعلومات، يرجى زيارة: Latin Energy Partners

نبذة عن GEMXX CORPORATION
شركة GEMXX Corporation (المتداولة خارج البورصة تحت الرمز: GEMZ؛ $GEMZ) هي شركة عامة مدرجة في البورصة متخصصة في التعدين وإنتاج الذهب والأحجار الكريمة والمجوهرات وتوصيلها للأسواق العالمية. كما تعمل الشركة على التوسيع الاستراتيجي لنموذج أعمالها بحيث يشمل تمويل حقوق الملكية الخاصة لاستكشاف حقول النفط المحتملة العملاقة والهائلة في أمريكا اللاتينية. تمثل قناة الأعمال الجديدة هذه خطوة محسوبة لتحديد الأحواض النادرة أو التي يتم تجاهلها أو التي لم تشهد أعمال استكشاف كافية والتي يسود اعتقاد بأنها تشتمل على احتياطيات نفطية هائلة.

وفي ضوء الانتشار العالمي لشركة GEMXX Corporation والتزامها الراسخ بالتميز والابتكار، فإنها تتبوأ مكانة قوية تتيح لها استكشاف بيئة الأسواق المتطورة وتحفيز النجاح طويل الأجل لمساهميها.

للحصول على مزيد من المعلومات، يرجى زيارة: GEMXX Corporation

بيان الملاذ الآمن

يشتمل هذا الإصدار الصحفي على بيانات استشرافية تهدف إلى توفير ملاذ آمن من الالتزام المقرر في ضوء قانون إصلاح التقاضي للأوراق المالية الخاصة الأمريكي لعام 1995. تشتمل هذه البيانات على كلمات من قبيل “يؤمن”، و”يتوقع”، و”يتنبأ”، و”يخطط” وتنطوي على مخاطر وشكوك قد تؤدي إلى اختلاف النتائج الفعلية بشكل جوهري. تشمل هذه المخاطر، على سبيل المثال لا الحصر، قدرتنا على الابتكار والتكيف مع تغيرات القطاع وتوسيع قاعدة عملائنا والتنافس بفاعلية والحفاظ على الاستقرار المالي وإدارة آليات الأسواق العامة. تنطبق البيانات الاستشرافية على تاريخ إعدادها فقط ولا نتحمل أي التزام بتحديث أي بيانات استشرافية.

توقيع /S/ Richard Clowater، الرئيس التنفيذي
GEMXX Corporation

للحصول على مزيد من لمعلومات، يُرجى التواصل مع:

اتصالات الشركات:
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Editor@InvestorBrandNetwork.com


GLOBENEWSWIRE (Distribution ID 9169168)

Pacific Green enters Polish energy storage market with double acquisition

DOVER, DE, June 25, 2024 (GLOBE NEWSWIRE) — – Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) plans to acquire a majority stake in two Polish battery energy storage projects from an international developer present in the Polish Market. The balance of shares in each 50MW project will be acquired upon the realisation of project milestones.

The deal marks Pacific Green’s entry into the Polish market, with the two projects offering 400MWh of storage capacity, and setting the business on a path towards its target of 1GWh in the Polish market. Earlier this year, Pacific Green set out its plans to deliver more than 12GWh of battery energy storage across four global markets, including Poland.

Grid applications for the projects – one located in the Warsaw region, the other in the South–West – have been lodged, ahead of anticipated participation in the Polish Capacity Market Auction in Q4 this year. Based on this, both projects are expected to reach ready to build status in late 2024.

Dane Wilkins, Pacific Green’s Managing Director, said: “Poland’s traditional reliance on thermal baseload power is transitioning rapidly to non–dispatchable renewable assets, to meet obligations under the EU’s Fit for 55 and Net–Zero commitments. This will necessitate grid–scale storage adoption across the country.

“The Polish energy storage market is expanding rapidly, the Polish government is setting in place a strong regulatory framework with widening revenue opportunities, and I’m delighted we are planning our first projects there and partnering with world class developers.

“The Pacific Green team will work closely with its partner on the ground, applying the development and construction expertise we’ve already built up in other geographies, as well as our global supply chain connections.”

Scott Poulter, Pacific Green’s Chief Executive, said: “Developing next–generation battery energy parks at scale and speed is our priority focus and entry into Poland represents another important milestone for the business.”

–ENDS–

About Pacific Green Technologies, Inc.:
Pacific Green is a global energy storage and environmental technology company, on a mission to advance the transition to sustainable energy solutions.

The business is focused on rapidly building a global portfolio of utility–scale battery energy storage systems (BESS), with a current pipeline of 12GWh of energy storage capacity in development, construction or operation.

Pacific Green’s team brings together extensive technology, project development and project finance expertise – having commercialised numerous pioneering technologies and steered major international energy and infrastructure projects successfully through financing and development.

This in–house expertise is complemented by strategic relationships cultivated with trusted partners at all levels of the global environmental supply chain – providing access to the very best technology and manufacturing capabilities on offer, alongside internationally respected financial institutions and project partners.

For more information, visit: www.pacificgreen.com

Notice Regarding Forward–Looking Statements:

This news release contains “forward–looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward–looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward–looking statements include, among other things, the continued development of the Project, any potential business developments and future interest in Pacific Green’s battery, solar and environmental technologies.

Actual results could differ from those projected in any forward–looking statements due to numerous factors. Such factors include, among others, the continuation of the development of the Project, general economic and political conditions. These forward–looking statements are made as of the date of this news release, and Pacific Green assumes no obligation to update the forward–looking statements, or to update the reasons why actual results could differ from those projected in the forward–looking statements. Although Pacific Green believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in Pacific Green’s annual report on Form 10–K for the most recent fiscal year, Pacific Green’s quarterly reports on Form 10–Q and other periodic reports filed from time–to–time with the Securities and Exchange Commission.


GLOBENEWSWIRE (Distribution ID 9168886)

Women Warriors Winning Fight to Bring Back Indigenous Food Traditions

Women from Odisha’s indigenous communities joke and laugh as they sell and barter vegetable, greens, herbs and tubers they grow on the hill slopes of their villages. Credit: Manipadma Jena/IPS

Women from Odisha’s indigenous communities joke and laugh as they sell and barter vegetable, greens, herbs and tubers they grow on the hill slopes of their villages. Credit: Manipadma Jena/IPS

By Manipadma Jena
SHILLONG & BHUBANESWAR, India, Jun 25 2024 – As the school lunch bell goes off, 40 eager little bodies—41 if you count the school dog—burst out onto the veranda. Awaiting them are a stack of steel platters, into which will be ladled a nutritious and delicious lunch, all of it indigenous cuisine.

Earlier in this Lower Primary school in Meghalaya’s East Khasi Hills, in India’s north-east, the government-funded school meals aimed at reducing child malnutrition served only rice, potato and yellow lentils. In a Himalayan foothill region rich in biodiversity, with food systems based on locally grown and foraged edibles, the indigenous communities’ healthy food is again being recognized and entering school meals.

Indigenous food systems, adapted over years to food crises including droughts, extreme cold and snow, persevered even in the face of decades of onslaught from commercialized government-backed monostaples—rice and wheat. These indigenous biodiversity warriors held on to their food systems through their unique and extremely localized culinary skills.

 Tribal women sell their completely naturally grown grains, lentils and beans in a weekly town market in Koraput, Odisha’s tribal heartland in the Eastern Ghats. Food grown by indigenous people have the lowest carbon footprint. Credit: Manipadma Jena/IPS

Tribal women sell their completely naturally grown grains, lentils and beans in a weekly town market in Koraput, Odisha’s tribal heartland in the Eastern Ghats. Food grown by indigenous people have the lowest carbon footprint. Credit: Manipadma Jena/IPS

 

Many of the tribal food and forest products have medicinal values and tribal women were wise in this knowledge. Today, many of these are being packaged into ‘nutraceuticals’ combining nutrients and pharmaceuticals as preventives for general and lifestyle health issues. Just one example of many is Moringa leaves (Moringa oleifera), now packaged and sold in powder and tablet form. It contains minerals, Vitamin A, B6 and plenty of iron, which is why pregnant women have been asked for years to include Moringa in their diet.

The biggest recognition of their five decades-long endeavor since India’s Green Revolution comes with the United Nations declaring 2023 as the International Year of Millets following a proposal by India, supported by over 70 countries, to raise awareness about millets’ multiple benefits, from nutrition and health to environmental sustainability.

For perspective, starting in the 1960s, the Green Revolution transformed food systems, greatly expanding monocropping and the overall production of wheat and rice in Asia and elsewhere, replacing millets and other crops in many areas.

Now, the Indian government for its part, has included millets in the public food assistance scheme for the economically weaker sections, which reaches millions of poorer families. Given India’s growing lifestyle diseases and that it’s now known as the diabetes capital of the world, some of the upper classes in India are rapidly transitioning towards millets and other foods with medicinal properties. 

Further, Geographical Indication (GI) tags—an official recognition of a unique product of food, art or craft originating in a specific location—are being awarded in larger numbers by the government. Several food preparations and grains that women of tribal communities have been preserving over generations are being awarded this certification, bringing sustainability and continuity to the GI products by opening up markets and offering trade-related protection under intellectual property rights.

The latest in the list in January 2024 is eastern state Odisha’s chutney made from red weaver ants, a semi-solid paste known in the region for its medicinal and nutritional properties, harvested sustainably and eaten by certain tribal communities.

Preserved by Women Over Centuries, Now Promoted by Government and Non-Profits

“There has been a distinct trend of the government’s attitude becoming more positive towards promoting indigenous foods in the last two to three years,” Bhogtoram Mawroh, a key research official of the Meghalaya-based non-profit North East Society for Agroecology Support (NESFAS), told Inter Press Service.

“Indigenous edibles, local and in-season, are being revived in school meals that had gone out of the children’s platter at home in the last few years. They include nutritious and medicinal cultivated and foraged greens and herbs like Jatira (water celery), Jamyrdoh (fish mint), Jali (wild leafy vegetable), Khliang syiar (herb Centella asiatica), Shriewkai, Jalynniar and Ja Miaw (wild leafy vegetables),” Mawroh elaborates. “The best development is that mothers too are cooking them at home now,” he added.

School students in Meghalaya’s East Khasi Hills enjoy the school meal which now contains healthier and tastier preparations from a local basket of grown and foraged ethnic ingredients. Credit: Manipadma Jena/NESFAS

School students in Meghalaya’s East Khasi Hills enjoy the school meal, which now contains healthier and tastier preparations from a local basket of grown and foraged ethnic ingredients. Credit: Manipadma Jena/NESFAS

NESFAS, which is piloting the indigenous school meal in 11 schools with 414 students from seven villages, aims to increase the coverage to 500 schools. While government school meal funding is utilized, Rome-based The Indigenous Partnership for Agrobiodiversity and Food Sovereignty (TIP) is a major partner.

“Though still being consumed, this vegetable usage has gone down in recent years, especially among the younger generations.  Innovation, in preparation to attract youth back to their ancient foods, is a major component of the revival,” said Mawroh.

Here too, it’s women’s knowledge systems that spearhead innovation. While school cooks are being trained, it’s the Biodiversity Management Committees that play a pivotal role. One of the few matrilineal societies that persists, the women elders in the Khasi community that mainly form these communities are repositories of traditional knowledge on hyper-local biodiversity. They have been gathering food from forests for generations and have knowledge of location, seasonality and properties. They advise what can be included in school lunch menus in each season.

Recognizing this, the biodiversity agency of the state government, along with local and international non-profits, has lately formed 71 Biodiversity Management Committees in rural Meghalaya to formally document in ‘People’s Biodiversity Registers’ all the knowledge of local biodiversity, especially focusing on species that are close to extinction.

Indigenous Food Entrepreneurs: Cafes Run by Women

Yet today, some indigenous women are boldly investing in their food systems at a higher level. They have become indigenous food entrepreneurs, opening exclusively tribal cafés serving centuries-old authentic cuisines, with some experimental recipes aimed at attracting popular taste.

Pioneering ethnic food entrepreneurship in India, Aruna Tirkey has proved indigenous food can be popular and cannot be sidelined as it has been in the last decades. Courtesy: Aruna Tirkey

Pioneering ethnic food entrepreneurship in India, Aruna Tirkey has proved indigenous food can be popular and cannot be sidelined as it has been in the last decades. Courtesy: Aruna Tirkey

Aruna Tirkey is one of them. Troubled by ethnic food being sidelined, and with it her community’s identity, customs and culture, she decided eight years ago to revive those, whatever the challenges or financial costs.

From the Oraon tribe in India’s Jharkhand State, Tirkey, a development professional in her 40s, told IPS she started out with just 500 rupees (USD 6), selling millet-based stuffed dumplings on a mobile trolley.

Soon after, Tirkey decided to set up her restaurant in Jharkhand’s capital city, Ranchi, serving exclusively Oraon food preparations. Named ‘Ajam Emba’ translating to ‘great taste’ in Oraon’s spoken dialect, she took the bold step with deep faith and hope that it would resonate with food connoisseurs.

It did. From an income of a few thousand rupees, earnings are currently touching 50 lakh rupees (about USD 59,932) a year.

“Over the last two to three years, Ajam Emba’s sales have shot up because, post-Covid, more people are now conscious about healthy food choices,” Tirkey told IPS. “Our food catering business for marriages, personal and office parties aside from restaurant sales is booming.”

Currently operating from a rented place, Tirkey has poured in all her savings into building her own establishment, supplemented by bank loans. “Once the building is complete with authentic Oraon décor, my earnings will grow four times more. Such is the demand now for the novelty that tribal cuisine offers,” Tirkey said.

“I am the head chef and will keep on experimenting and researching new recipes and best mix of ingredient.”

It is for this reason that her clientele includes a large number of Oraon people themselves who have moved away from home for jobs. In Ajam Emba, they come to rediscover their childhood tastes. Foreign tourists, too, come to get a slice of a unique cuisine known for its minimal carbon footprint.

Tirkey trains and provides employment to her community women as cooks, helpers and waiters. Hundreds of farmers and foragers have benefited from providing ingredient to Ajam Emba’s kitchen.

Dial Muktieh poses proudly beside her Mother Earth Café which is now a commercial success and preserving Meghalaya biodiversity while contributing to her village’s economy. Courtesy: NESFAS

Dial Muktieh poses proudly beside her Mother Earth Café, which is now a commercial success and preserves Meghalaya’s biodiversity while contributing to her village’s economy. Courtesy: NESFAS

Dial Muktieh, 44, is busy slicing fresh bamboo shoots to be sautéed with smoked beef and served alongside wild edibles’ green salad of jamyrdohleaves of garlic chive, perilla, lemon, salt and tomato, with roselle juice to wash it all down. In her Mei-Ramew Café or Mother Earth Café, in Khweng village in the hills of Meghalaya’s Ri-Bhoi district, it’s the youth mostly who come asking for this piping hot dish, which is giving a good run for money to modern junk foods. Also popular are indigenous preparations of dry fish chutney, fried small local fish, fried silk worms and tapioca cake.

Along with Muktieh, who learned traditional cooking and ingredients from her grandmother, Plantina Kharmujai’s and one more Mother Earth Café are centres of hyperlocal ethnic food revival in Meghalaya.

Popular and with more cafés in the pipeline, they are “more entrenched into the local economy, with profitability rising” within four to five years of establishment.

Revitalization and promotion of ethnic cuisines can contribute to healthier, more sustainable and more equitable food systems, well aligned with the objectives of sustainable food systems at the United Nations, say several studies from the International Centre for Integrated Mountain Development (ICIMOD). Ethnic cuisines are also closely linked to sustainable management of agrobiodiversity and agroecosystems. Awareness can help transform the way the world produces, consumes, and thinks about food.

Checkmate: The Vagaries of Climate Change 

Across the Himalayas, as weather patterns become unpredictable, farmers are finding their regenerated traditional crops, food preservation systems and wild edibles to be more resistant to the vagaries of nature.

“Food from forests—many regenerative tuber foods, mushrooms, and greens—are fortunately still available here and have not gone extinct as several species already have in high-altitude regions,” Amba Jamir told IPS from Nagaland, another north-eastern Himalayan foot-hill state. “Now communities plan to take stronger conservation measures and popularize food choices that are sustainable for the planet,” added Jamir, an environment policy and development advisor specializing in upland resource management in the eastern Himalayas.

Food diversity, where it still thrives, means that varied ecosystems—both natural and farmed food sources—are still managed and maintained.

Women elders of Odisha’s Dongria Kondh community embark to distant hill villages of their clan, to collect drought resistant millet seeds that are on the verge of perishing.Credit: Manipadma Jena/IPS

The women elders of Odisha’s Dongria Kondh community embark on a journey to distant hill villages of their clan to collect drought-resistant millet seeds that are on the verge of perishing. Credit: Manipadma Jena/IPS

There is no better instance of this than the practices of the ancient Dongria Kondh tribal community high in India’s Eastern Ghats range of mountains.

In the hill hamlets of Rayagada district in eastern India’s Odisha state, community women elders claim that even ten years ago, their staple crop, millet, had 10 existing varieties, down from 45 varieties that were locally farmed almost 70 to 80 years ago.

In a particularly severe drought year, when they found they were left with just two available varieties, they began their endeavor to revive the lost heirloom strains.

The women, traditionally responsible for keeping the community’s seeds safe, have gotten into urgent mission mode, traveling arduously by foot to remote forest villages after gaining prior information that one or two farmers are still preserving a millet variety the others have abandoned. Millets have very high seed viability, because of which they can be stored for five to six years in case of drought, said agrobiodiversity experts.

Lost for nearly five decades, they rescued the Kodo millet, which is high in fiber and energy content and ideal for diabetics; two varieties of sorghum; and a Foxtail millet. And they are keeping up the search for their lost heirloom seeds.

“In a world where food security is increasingly uncertain in some parts of the world, these foods (millets) could be a game changer,” says Bill Gates in his blog GateNotes. “Could a grain older than the wheel be the future of food?”

Asia is home to 55 percent of the people in the world affected by hunger. More than 400 million people face continuing threats to food security, according to a recent 2024 study by  International Food Policy Research Institute (IFPRI), one of the 15 research centres of the World Bank and the Government-funded Consultative Group on International Agricultural Research (CGIAR).

Millets’ share in cropped area. Credit: FAOSTAT

Millets’ share in cropped area. Credit: FAOSTAT

According to the IFPRI study, Asia has the potential to significantly expand production of millets and thus help to sustainably meet growing food demand in the region and globally. As of 2022 (the latest figure available), Asian millet production was approximately 15.6 million metric tons (MT), compared to 699 million MT for rice and 343 million MT for wheat. In major producers China, India and Nepal, area harvested and production for millet is much lower than that for rice and wheat. Thus, there is clearly room to grow.”

IPS UN Bureau Report

This feature is published with the support of Open Society Foundations.


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FII PRIORITY Rio de Janeiro Summit Concludes with Key Discussions on Global Economic Growth and Sustainability

RIO DE JANEIRO, June 25, 2024 (GLOBE NEWSWIRE) — The third and final day of the FII PRIORITY Rio de Janeiro Summit concluded with pivotal discussions on global economic growth and sustainability. Organised by the FII Institute, the summit attracted nearly 1,500 global leaders, innovators, and entrepreneurs who participated in over 65 sessions. Delegates attended solution–focused conclaves, and observed FII Institute’s first Innovators Pitch, setting the stage for the final series at FII Institute’s 8th flagship Future Investment Initiative (FII) in October.

The day began with a fireside chat with His Excellency Geraldo Alckmin, Vice President of Brazil, who addressed foreign direct investment and the global energy transition. He remarked, “Brazil received the second–highest foreign investment in the world during 2023, trailing only the United States. Our recent tax reforms are expected to enhance this further,” he told the audience, setting a collaborative and forward–looking tone for the day.

Another highlight was the session titled ‘Message to the G20’, featuring a thought–provoking discussion with five former Latin American leaders, moderated by FII Institute CEO Richard Attias. H.E. Felipe Calderon, Former President of Mexico; H.E. Laura Chinchilla, Former President of Costa Rica; H.E. Alberto Fernández, Former President of Argentina; H.E. Jorge Quiroga, Former President of Bolivia; and H.E. Juan Manuel Santos, Former President of Colombia and Nobel Peace Prize Recipient, encouraged attendees to be the change they want to see in the world, emphasising the importance of collective effort in combating climate change and upholding the rule of law for a prosperous future for all.

Marcelo Claure of Claure Group and SHEIN emphasised the importance of equitable access to AI, noting, “AI is the great equaliser. We can bridge the divide between emerging and developed markets in education and healthcare.” Commenting on the future of AI and its integration within various industries, Claure added “with the internet, the cost of information went down to zero and disrupted the advertising business. Then, ecommerce disrupted the retail space. My vision of AI is that it will disrupt all, other untouched industries.”

In a session titled ‘Rulebreakers: What Global Megatrends Are Influencing the World’s Top Investors?’, Claure was joined by Sir Martin Sorrell of S4 Capital, who discussed the need for adaptation to technological advances, stating, “Henry Ford created the five–day working week. COVID–19 accelerated the shift to remote working. Now, technologies like AI and the Metaverse will push this evolution further.”

In keeping with Rio de Janeiro’s entrepreneurial spirit, the summit saw FII Institute’s first–ever Innovators Pitch Competition. Nine startups presented solutions to pressing global issues in AI & Robotics, Education, Healthcare, and Sustainability. Hera Health Solution emerged as the main winner, a startup focusing on an AI–enabled drug delivery platform, with Aravita securing the People’s Choice award. The startup offers an optimised fresh food ordering service with AI, reducing waste and stockouts to boost grocer profits.

Throughout the summit, FII Institute convened industry experts to address critical global issues in its conclave series, covering topics such as AI, ocean regeneration, energy transition, and ESG. Industry leaders advocated for a collaborative approach to sustainability, the deployment of AI in emerging markets, and ESG's focus on climate resilience. Emphasis was placed on inclusive policies, targeted investment, and mentorship to empower entrepreneurs in developing regions.

With the closing of FII PRIORITY Rio de Janeiro Summit, FII Institute will now shift its focus to the forthcoming 8th FII in October, where the momentum generated in Rio will continue to drive impactful discussions and initiatives. The conference is slated for 29 to 31 October 2024, under the theme ‘Infinite Horizons’.

E–mail: media@fii–institute.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa4962dc–9bf3–47d8–987d–0ab8074d1f1b


GLOBENEWSWIRE (Distribution ID 1000968187)

FII PRIORITY Summit no Rio de Janeiro é concluído com discussões fundamentais sobre crescimento econômico global e sustentabilidade

RIO DE JANEIRO, June 25, 2024 (GLOBE NEWSWIRE) — O terceiro e último dia do FII PRIORITY Summit no Rio de Janeiro foi concluído com discussões cruciais sobre crescimento econômico global e sustentabilidade. Organizado pelo FII Institute, o evento atraiu cerca de 1.500 líderes globais, inovadores e empreendedores que participaram de mais de 65 sessões. Os convidados fizeram parte de conclaves focados em soluções e observaram o primeiro Innovators Pitch do FII Institute, preparando o terreno para a série final no 8º Future Investment Initiative (FII) do FII Institute em outubro.

O dia começou com uma palestra de Sua Excelência Geraldo Alckmin, Vice–Presidente do Brasil, que abordou o investimento estrangeiro direto e a transição energética global. Ele comentou: “O Brasil recebeu o segundo maior volume de investimento estrangeiro do mundo em 2023, ficando atrás apenas dos Estados Unidos. Nossas recentes reformas tributárias devem melhorar ainda mais essa situação”, disse Alckmin ao público, estabelecendo um tom colaborativo e voltado para o futuro.

Outro destaque foi a sessão intitulada 'Mensagem ao G20', apresentando uma discussão instigante com cinco ex–líderes latino–americanos, moderada pelo CEO do FII Institute, Richard Attias. S.E. Felipe Calderón, ex–presidente do México; S.E. Laura Chinchilla, ex–presidente da Costa Rica; S.E. Alberto Fernández, ex–presidente da Argentina; S.E. Jorge Quiroga, ex–presidente da Bolívia; e S.E. Juan Manuel Santos, ex–presidente da Colômbia e vencedor do Prêmio Nobel da Paz, incentivaram os participantes a serem a mudança que desejam ver no mundo, enfatizando a importância do esforço coletivo no combate às mudanças climáticas e na defesa do estado de direito para um futuro próspero para todos.

Marcelo Claure do Claure Group e SHEIN ressaltou a importância do acesso igualitário à inteligência artificial, observando: “A IA é o grande equalizador. Podemos fechar a lacuna entre mercados emergentes e desenvolvidos na educação e na saúde.” Comentando sobre o futuro da IA e sua integração em várias indústrias, Claure acrescentou “com a internet, o custo da informação caiu para zero e houve uma disrupção no setor de publicidade. Depois, o comércio eletrônico trouxe disrupção ao espaço de varejo. Minha visão da IA é que ela vai levar à disrupção de todas as outras indústrias ainda intocadas.”

Em uma sessão intitulada ‘Quebradores de Regras: Quais Megatendências Globais Estão Influenciando os Principais Investidores do Mundo?’, Claure foi acompanhado por Sir Martin Sorrell da S4 Capital, que discutiu a necessidade de adaptação aos avanços tecnológicos, afirmando: “Henry Ford criou a semana de trabalho de cinco dias. A COVID–19 acelerou a mudança para o trabalho remoto. Agora, tecnologias como IA e o Metaverso vão impulsionar ainda mais essa evolução.”

Em sintonia com o espírito empreendedor do Rio de Janeiro, o evento recebeu a primeira competição Innovators Pitch do FII Institute. Nove startups apresentaram soluções para questões globais urgentes em IA e robótica, educação, saúde e sustentabilidade. Hera Health Solution emergiu como a principal vencedora, uma startup focada em uma plataforma de entrega de medicamentos habilitada por IA, com a Aravita garantindo o prêmio Escolha do Público. A startup oferece um serviço otimizado de pedidos de alimentos frescos com IA, reduzindo desperdícios e faltas de estoque para aumentar os lucros dos mercados.

Ao longo do evento, o FII Institute reuniu especialistas da indústria para abordar questões globais críticas em sua série de conclaves, cobrindo tópicos como IA, regeneração dos oceanos, transição energética e ESG. Líderes da indústria defenderam uma abordagem colaborativa para a sustentabilidade, o uso de IA em mercados emergentes e o foco do ESG na resiliência climática. A ênfase foi colocada em políticas inclusivas, investimentos direcionados e mentoria para capacitar empreendedores em regiões em desenvolvimento.

Com o encerramento do FII PRIORITY Summit no Rio de Janeiro, o FII Institute agora se concentrará no próximo 8º FII em outubro, onde o impulso gerado no Rio continuará a fomentar discussões e iniciativas impactantes. A conferência está marcada para os dias 29 a 31 de outubro de 2024, sob o tema 'Horizontes Infinitos'.

E–mail: media@fii–institute.org

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/aa4962dc–9bf3–47d8–987d–0ab8074d1f1b


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FreedomPay and Toast Survey Reveals Top Priorities for Enterprise Hospitality Leaders: Data Security, Integration, and Growth Enablement

Philadelphia, Pennsylvania, June 25, 2024 (GLOBE NEWSWIRE) — A recent survey conducted by FreedomPay, a global leader in Next Level Commerce™ solutions, in collaboration with Toast, a leading cloud–based restaurant management software company, has unveiled crucial insights into the top priorities for enterprise hospitality leaders. The findings emphasize the importance of data security, system integration, and growth enablement in shaping merchant preferences and trust in payment solutions and point–of–sale (POS) providers.

Key Insights from the Survey:

  • 53% of merchants face challenges in deciding where to allocate their technology budgets, highlighting the demand for integrated solutions that offer comprehensive value and support informed decision–making.
  • The biggest factors that contribute to trust in a payment solution/point of sale (POS) provider are the quality of customer support (49%), user–friendliness (46%), reliability (44%), and integration capabilities (44%).
  • Almost all merchants believe data security (100%) and data privacy (98%) are highly important when selecting a payment solution, while most believe growth enablement (82%) and speed (81%) are highly important.
  • Organizations are already implementing a high level of integration between their payment/POS systems and other software systems. Most merchants say they have either fully integrated (15%) or have a very high level (70%) of integration between these systems. Almost all merchants (98%) place strong value on an integrated payment solution

“The survey with Toast highlights that integration, understanding customer behavior, and ensuring security are paramount for merchants,” said Nate Ware, SVP Sales & Digital Development at FreedomPay. “This also shows that most merchants are striving for a fully integrated ecosystem to drive growth and enhance operational efficiency. At FreedomPay, we are committed to providing the integration and security that merchants need to thrive and succeed.”

Understanding customer behavior, including shopping and purchasing patterns, is key to enhancing the customer experience and driving sales. Additionally, merchants are prioritizing security and minimal system downtime to safeguard operations and ensure business continuity. The availability of responsive and reliable customer support significantly contributes to fostering a sense of security and trust among merchants.

“The survey really underscores merchants’ need for seamless integration and a thorough understanding of customer behavior to fully enhance operational efficiency,” remarked Kelly Esten, GM of Enterprise at Toast. “For merchants, prioritizing robust data security and reliable customer support is crucial for fostering trust with customers.”

These insights highlight that seamless integration, robust data security, and reliable customer support are essential for merchants aiming to enhance operational efficiency, foster trust with customers, and drive sustained business growth in today's competitive landscape. These factors form the cornerstone of strategic decision–making for enterprise hospitality leaders as they align their technology investments with long–term success and customer satisfaction.

To learn more, download the full report: The Security Tightrope: Balancing Innovation and Risk Management for Enterprise Brands

 

About FreedomPay:

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge and enables merchants to unleash the power of pay. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce.

The company maintains a world–class security environment and was one of the first payment solution providers in North America to be validated by the PCI Security Standards Council. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in–store, online and on–mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

 

About Toast:

Toast [NYSE: TOST] is a cloud–based, all–in–one digital technology platform purpose–built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management. We serve as the restaurant operating system, connecting front of house and back of house operations across service models including dine–in, takeout, delivery, catering, and retail. Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. For more information, visit www.toasttab.com.


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The Age of Holy War & Poetics of Solidarity – (Part 2)

Alice Wairimu Nderitu, United Nations Special Adviser on the Prevention of Genocide (UNOSAPG), speaks at the high level segment of the 10th Annual Symposium on the Role of Religion and Faith-based Organizations in International Affairs, accompanied by the moderators of the session, Rudelmar Bueno de Faria, ACT Alliance general secretary, and Simona Cruciani, Senior Political Affairs Officer, UN Office of the UNOSAPG.

 
The symposium, organized by the World Council of Churches (WCC) and a coalition of faith-based and UN partners, featured UN officials, representatives of international faith-based organizations, and other experts. 25 January 2024. Credit: Marcelo Schneider/WCC

By Azza Karam
NEW YORK, Jun 25 2024 – In Part 1, I outlined how our shared existence is challenged not only by simultaneous crisis, but also by the notions – and realities – of perceived ‘holy wars’. I point out that ‘holy wars’ are not only perceptions within, or of, monotheistic faith traditions, but actually enacted by members of diverse belief systems.

I note how these ‘holy war’ dynamics are part of the vicious cycle of polarisation and sorrowful lack of social cohesion in most societies, while also coexisting with an increasing realisation amongst several decision-making entities (governmental, non-governmental and intergovernmental) of how important religions have been, and continue to be.

Religious institutions, religious leaders and religious (or faith based) organisations, are indeed the original social service providers, community mediators, social norm upholders and changemakers, and actually, historically, also the original human rights’ defenders.

I emphasize how the toxic mix with narrow political interests (might that be tautological?) means that in the minds of some who hold decision making positions, and/or have access to arms, and/or control laws and their implementation, and/or impact on beliefs, behaviours and attitudes through unparalleled pulpits (or all of the above), ‘holy war’, is justified.

In the age of ‘holy wars’, we are called upon to understand that part of our social disconnect resulting in the polarisation and significant weaking of our civil societies, may well be furthered by the manner in the current interest in and on religion.

Elsewhere I have argued that appreciating the ‘good’ powers of religious institutions and leaders, and the remarkable reach of religious social services and positive changemakers, is necessary, but by no means enough.

In fact, seeking to emphasize, support and identify the religious as the panacea, is harmful – in the same ways that marginalising the religious as evil, anti-human rights, unhealthy, misogynist, unnecessary, parochial, etc. has been, and remains, harmful, to the very same fabric of the civil societies we all uphold.

It is not all about good religion or bad religion. Rather, it could be about how to generate, nurture, protect, and yes, honour, civil societies.

Neither our governments (including even the elected ones), nor our religious institutions (including those which have survived centuries) nor our corporations (including those with the highest ranking of CSR and ESG) can, alone, change the dramatic junction of our collective human and planetary realities.

The late Wangari Mathai, a Kenyan woman environmental activist who won the Nobel Peace prize in 2004, demonstrated remarkable foresight when she highlighted the interconnectedness of our challenges, thus: “[I]n a few decades, the relationship between the environment, resources and conflict may seem almost as obvious as the connection we see today between human rights, democracy and peace.”

We need to begin to investigate what it will take to identify, understand, and activate, a poetics of solidarity. The Oxford Reference explains that “poetics are the general principles of poetry or of literature in general, or the theoretical study of these principles. As a body of theory, poetics is concerned with the distinctive features of poetry (or literature as a whole), with its languages, forms, genres, and modes of composition.”

If we use the term ‘poetics’ to refer to solidarity, not merely as an aspect of literature and/or theory, but as lived realities, what are the “languages, forms, genres and modes of existence” that this would entail? In the following paragraphs, I do not propose definitive answers. I merely share some thoughts to engender and provoke each of us, to reflect – and to engage.

A poetics of solidarity needs to have as a premise of its existence, an understanding that working ‘alone’ to solve the problems which impact all – whether as a lone multifaceted institution, the United Nations, corporation(s), religion/religious or multi-religious entity, secular NGO or umbrellas of NGOs, judicial actor(s) or bodies, cultural agents or entities, financial or military behemoths, etc., is clearly not enough.

We have landed here in these very challenging spaces and times, even as so many have laboured for so long in almost all domains of human existence, and even after many movements of solidarity succeeded in overcoming and righting and fighting the good fight. Yet, here we are.

A poetics of solidarity needs to hold accountable all our ways of thinking and doing, so far. I am not implying, by any means, that we have all failed. Rather, we all stand on the shoulders of many who have given their lives to make this a better world for all. We must acknowledge that loud and clear and take responsibility for what many are doing, and have done, that contributes to our shared existence.

This alone would be unlike many leaders who take office and make a point of undermining, or worst still, undoing, all that was done before them or by their predecessors. Or those who hold offices and invest so much in decrying, complaining, unravelling, and withering critiques of those trying to work alongside. Or those who claim to be part of a team, but cannot and will not support one another when things get tough.

A poetics of solidary demands that we put our money, and other resources, including activating our so-called values – where our mouths are. It is not good enough to speak about human rights, and/or the glory of our respective faiths and/or “interfaith peacemaking”, or even building edifices to such ‘co-existence’, when we do not contribute to the efforts of those who fight for these rights.

It is hard to justify killing, maiming, criminalising, imprisoning and in other ways, silencing, those who ask for their rights, and struggle for the rights of others. It is also hard to justify those who pretend to fight for the rights of others, when the going is good, and are silent or notably absent, when the going is tough.

What if, rather than undermine, constantly critique, systematically oppose, complain, or even just remaining silent (and hide behind claims that the particular issue at hand is not their business or endeavour), when we see our fellow humans give – what if we praise, give thanks, reach out to share a kind word, and better still, ask how we can help…? What if we give of the ‘little’ we have? Don’t all our faiths say that? You think this sounds too simple?

Did Einstein not say at some point something like the only difference between stupidity and genius, is that genius has its limits, and that everything should be made as simple as possible – but not simpler? Kindness, praise, and giving of what we value, to those we would normally not (want to) see or deign to appreciate, giving to those who speak and work and live differently – but aim for the collective good, is not simple. It is genius. Working together with those who may bear a different institutional flag, rather than seeking to create or consolidate your own, is also genius.

A poetics of solidarity may require us to acknowledge that solidarity is fundamentally about how we relate to one another, with kindness, empathy and willingness to serve – in words and deeds. But it is also to humbly realise that even as some of us try our best to relate and to “support”, “empower”, “engender”, or “enable”, we may well end up hurting one another, and/or even damage parts of our environment that some of us, including future generations, will need, to just survive.

When it comes to the poetics of solidarity in the age of ‘holy wars’, we cannot afford to now see anything ‘religious’ as a saviour, or the only source of our interrelated salvation. Nor can we afford to ignore the religious realms altogether, thinking we know our welfare best, or keep the religious at bay. Instead, we need to take responsibility for the fact that our faiths – including our faith in human rights – demand us to be accountable for ourselves, one another, and our planet.

What we need is a poetics of solidarity which does no harm – but this may well mean sacrificing something dear to us. We have lived – and still do – in an age where we think it is possible to have it all. Perhaps we may just have to come to terms with the fact that we each, and all, need to let go of something valuable to us – and to give, in service, instead.

All our institutions, groups, communities and our individual selves, bear a responsibility. Our long-established religious institutions, faith-based and interfaith initiatives in their mushrooming multitudes, need to be held accountable to what we give of our most valuable, to those who are not religious, those who come from different religions or religious organisations, and especially, to those who uphold all human rights for all peoples at all times.

Secular rights’ bearers and duty holders too, need to take responsibility for how we marginalise even as we ‘advocate’, how we maim as we seek to ‘protect’, and how we silence as we vocalise the ‘like-minded’. We speak of alliances and partnerships, but we walk, and work, in silos, seeking our own profit(s).

A poetics of solidarity may well be about cultivating and deliberately working alongside those we dislike, and giving the best of what we have, and of whom we are.

Professor Azza Karam is President and CEO of Lead Integrity; an affiliate with the Ansari Institute of Religion and Global Affairs at Notre Dame University; and a member of the UN Secretary General’s High Level Advisory Board on Effective Multilateralism.

IPS UN Bureau

 


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Germany’s Climate Envoy Talks Partnerships with SIDS; Urges G20 Nations to Step Up Emissions Reductions

Tidal waves on Namkhana Island flood a house Storms, heavy rainfall, and flood wreak havoc in this region of West Bengal. Credit: Supratim Bhattacharjee/Climate Visuals

Tidal waves on Namkhana Island flood a house Storms, heavy rainfall, and flood wreak havoc in this region of West Bengal. Credit: Supratim Bhattacharjee/Climate Visuals

By Alison Kentish
ANTIGUA & BARBUDA, Jun 25 2024 – Germany’s State Secretary and Special Envoy on International Climate Action, Jennifer Morgan, has emphasized the need for urgent climate action and called on G20 nations to do more to curb greenhouse gas emissions.

The G20 comprises 19 developed and developing nations, the European Union and, since 2023, the African Union. It represents the world’s biggest economies, totaling 85 percent of the global GDP.

In an interview with IPS on the sidelines of the Fourth International Conference on Small Island Developing States (SIDS4), the former Greenpeace International Co-Director highlighted the crucial role of the G20 in combating climate change.

“Germany and, of course, the European Union are ready to continue to take the lead on phasing out fossil fuels and building on renewable energy, but we need the G20 to step it up,” she told IPS.

“At the end of the day, there will be things that we can adapt to. By the year 2030, we have to halve global emissions and for that, we are working hard within the G20 to get all these countries, including ours, to move forward very deliberately.”

Morgan spoke of the resilience-focused narrative of small island developing states, a theme woven throughout SIDS4.

Germany’s State Secretary and Special Envoy on International Climate Action Jennifer Morgan. Credit: X

Germany’s State Secretary and Special Envoy on International Climate Action, Jennifer Morgan. Credit: X

“How can countries be resilient to the extreme weather that’s coming, the hurricanes that are coming? How can we build up, for example, water systems? This is a key focus that Germany is working on and I heard a lot about it here, so that they’re resilient to saltwater coming into a system so that they’re resilient when a storm hits. That’s one area where we can move forward,” Morgan said.

Morgan has been vocal about the need for energy transition and for ramped-up investments in clean energy in developing economies. Last week, she highlighted the fact that while investment in clean energy will double that of fossil fuels in 2024, “investment must accelerate further, especially in emerging and developing economies, where two-thirds of the global population sees only 15 percent of this investment.”

“The gap needs to be closed,” she shared on the social media platform X.

Speaking to IPS, the climate envoy said the issue of finance will also factor greatly in how small island states adapt to a changing climate. She said SIDS leaders are unanimous in their calls for greater access to finance and the reform of the international financial system.

“Germany is working globally on a range of those issues to create a fit-for purpose finance system that also works for small island developing states,” she said.

“We are working hard to get the strategies of the Green Climate Fund for example, to have special windows for SIDS and also support for putting forward proposals that are much more accelerated and having 50% of finance globally go for adaptation and resilience, which is a big priority for SIDS. We are also helping to increase the funds coming to SIDS. SIDS receive funds. I can say from a German perspective that we’re active and also from the Green Climate Fund, but we need to continue to make it more efficient and faster and also make sure that it gets to people on the ground because people on the ground, who are living in their villages in their towns, know what’s best to be able to be more resilient to the impacts of climate change.”

Morgan describes Germany’s work with SIDS on cultural heritage digitization as both ‘heartbreaking and absolutely essential.’

“For countries that are very low lying, facing sea level rise and storms, people have to leave their villages and their cultural heritage is connected to those places. We’ve been working with Tuvalu and other countries to document, through artificial intelligence and digitization, the things that are most essential for them, ensuring that they are protected and not lost,” she said.

Morgan’s messages mirrored those of United Nations Secretary General Antonio Guterres and Antigua and Barbuda Prime Minister Gaston Browne. The UN Chief called on developed economies to fulfill their pledge to double adaptation financing by 2025, while Browne called on the global north to honor its USD 100 billion climate finance pledge and operationalize the loss and damage fund.

“Small island developing states have every right and reason to insist that developed economies fulfill their pledge to double adaptation financing by 2025 and we must hold them to this commitment as a bare minimum,” Guterres told the conference. Browne added that “these are important investments in humanity, justice and the equitable future of humanity.”

IPS UN Bureau Report

 


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IPS UN Bureau Report

 


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