Collaboration will accelerate restoration and protection of hundreds of thousands of hectares in the Global South to sequester and store carbon at scale, provide tangible benefits to local communities, and restore ecosystems LOS ANGELES , Dec. 5, 2024 /PRNewswire/ -- Climate finance company Catona Climate is teaming up with global nonprofit Eden: People+Planet through its full-service carbon project development company Compassionate Carbon, a wholly-owned subsidiary, to finance landscape-scale high-integrity nature-based Agriculture, Forestry, and Other Land Use (AFOLU) projects that will restore hundreds of thousands of hectares across the Global South and remove millions of tonnes of carbon dioxide from the atmosphere, while generating substantive benefits to local communities and regional biodiversity. Eden's Compassionate Carbon draws on nearly 20 years of experience and its work in ten countries to engage local communities and develop and operate large-scale nature-based projects. Compassionate Carbon and Catona Climate will look for opportunities to collaborate on project design to maximize ecological, biodiversity and social benefits. Catona Climate will help projects get off the ground and deliver sustained impact by securing project financing; bolstering both on-the-ground and tech-driven remote monitoring and engagement activities; driving sales through forward offtake agreements with its deep network of enterprise buyers; and providing storytelling support for projects. "Compassionate Carbon is excited for an opportunity to bring mission critical elements to the forefront of the carbon marketplace through careful and strategic project design and holistic implementation of ecosystem restoration efforts for the benefit of people+planet, " said Bryan Adkins , CEO of Eden. "The true and lasting impact we all hope for will only be achieved through like-minded partners working together for decades to come. Then we will celebrate a world where all people thrive through healthy and restored environments." While nature-based carbon projects represent one of several critical, proven solutions to combat climate change, they require significant upfront capital to get off the ground. Yet, these projects have the potential to generate meaningful carbon revenue for decades as they sequester and store carbon over time. Compassionate Carbon projects are specifically designed with community benefits and ecosystem services at the core to maximize the value to both the people disproportionately affected by climate change and the resulting emission reduction and removal credits to the market. Catona's innovative climate financing model helps solve this problem by supporting early-stage nature-based projects through an initial capital investment as well as enhanced monitoring capabilities that leverage Catona's trusted network of tech-based monitoring, reporting and verification (MRV) partners. This helps incentivize large enterprise buyers in Catona's network to sign long-term offtake deals for future carbon removals as part of their net-zero commitments. In turn, these enterprise offtake agreements help derisk projects and serve as a critical mechanism to unlock capital from other financiers looking to invest in nature-based solutions. "This type of collaboration is exactly what the Catona model is designed to facilitate and scale, and we're delighted to be embarking on this journey with a partner like Compassionate Carbon that embodies the highest levels of integrity in the market," said Catona Climate CEO Tate Mill . "What this means for our enterprise partners is access to a massive new supply of high-quality nature-based credits; what it means for our financing partners is new attractive investment opportunities; and what it means for people and the planet is more economic opportunity, more biodiversity, and a lot less carbon in the air." About Catona Climate Catona Climate is a climate finance company that delivers high-quality carbon solutions to businesses everywhere, helping transform climate pledges into measurable action through rigorously vetted high-impact nature-based carbon projects around the world. Guided by an unwavering commitment to the planet, Catona Climate exists to combat the climate crisis by driving capital to nature and enabling a fair and equitable transition to a net-zero future. Catona Climate is a member of the Business Alliance to Scale Climate Solutions, IETA, and other critical industry groups dedicated to accelerating climate action. For more information, visit Catona.com . About Compassionate Carbon Eden: People+Planet is a full-service nature-based solution developer committed to ecosystem restoration through both carbon and non-carbon eligible landscape scale restoration projects. Since 2005, Eden has been intent on becoming an industry leader in the restoration of degraded environments by working through the people who are most affected by climate change. Eden is focused on being the long-term provider of nature-based solutions to climate change so that all people can thrive through healthy and restored environments. Eden-Plus.org Media Contacts Catona press@catona.com Catona Investor Relations investors@catona.com Eden: People+Planet marketing@eden-plus.org View original content to download multimedia: https://www.prnewswire.com/news-releases/compassionate-carbon-and-catona-climate-join-forces-to-scale-nature-based-projects-302324451.html SOURCE Catona Climate © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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ANAHEIM, California – Play hockey long enough and, inevitably, you will see a former friend and teammate line up on the other blue line while the national anthem is being played, wearing a jersey that’s a different color from yours. Most often that happens in high school, when a youth hockey teammate has relocated, or in college, when a former high school teammate chose a different school. For five members of the Minnesota Wild, some of those “on-ice frenemies” moments are going to happen on the game’s biggest stage come February. And one day after the quartet of national rosters for the 4 Nations Face-Off were announced, at least a few Minnesota players are saying “bring it on.” Most notably, Wild forward Matt Boldy and defensemen Brock Faber are savoring the idea of playing for Team USA and firing non-practice pucks at Team Sweden goalie Filip Gustavsson. “I would love to score on him. That would be a lot of fun, a lot more fun than scoring on him in practice,” Faber said following the team’s Thursday skate at TRIA Rink before they boarded a plane bound for California. “We’re competitors and they’re the same way. They’re excited to represent their country, and we’re excited to represent ours. And it’s going to be a battle. It’s going to be best on best. And it’s so exciting.” Gustavsson was one of three goalies named to the Swedish roster, alongside Linus Ullmark of the Ottawa Senators and Jacob Markstrom of the New Jersey Devils. Speaking with national reporters after the roster announcement, the red-hot Wild goalie said he expects tough competition in games, and for playing time among the trio of Swedish puck-stoppers. “I’ve been privileged to be on the national team a few times now, and it’s always such an honor. Sweden is always producing good goalies, and I knew I had to play my best to be on this roster,” he said, admitting the three goalies will push each other for crease access. “I’ve just been trying to play my game all year. (Sweden) had some unfinished business last year at the World Championships. Hopefully we can really play good there in February.” Manpower update Led Zeppelin vocalist Robert Plant famously crooned about, “Goin’ to California with an aching in my heart.” On Thursday afternoon, the Minnesota Wild hopped on a California-bound plane with an aching pretty much everywhere else these days. After a few days of vague answers regarding the health of missing defenseman Jonas Brodin, the Wild put all of their cards on the table on Wednesday, and it wasn’t a hand with very good odds. Brodin is out week to week with an upper-body injury, as are forwards Mats Zuccarello (lower body) and Joel Eriksson Ek (lower body) after the latter left the rink during overtime of Tuesday’s 3-2 win over Vancouver. The Wild recalled forwards Travis Boyd and Reese Johnson from Iowa and both are expected along on the West Coast trip. Boyd has played two road games for the Wild since he was signed last summer. Johnson, another offseason signee, has 141 games for the Chicago Blackhawks on his NHL resume. Forward Jakub Lauko did make the trip after he missed the previous four games with a lower body ailment. The coach said this recent spate of injuries is the nature of the business in a high-contact league like the NHL. “It’s a challenge. I think going into every year, all 32 teams are going to experience this at some point. I think the teams that have strong collective effort, play a real structured game, play a smart game, and you know, it gives yourself a chance to be able to win every night,” Hynes said. “The other thing is, we feel like in the offseason, this was something we had talked about. How do we get our depth stronger? We know that every team is going to get their depth tested. We wanted to get bigger, stronger, and more experienced, and we think we’ve done that.” Related Articles
Paccar Inc. stock falls Friday, underperforms marketPublished 4:48 pm Friday, December 6, 2024 By Data Skrive There are four games on the college basketball schedule on Saturday that feature a ranked team. That includes the Louisville Cardinals versus the UConn Huskies. Watch women’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up. Catch tons of live women’s college basketball , plus original programming, with ESPN+ or the Disney Bundle.
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The recently proposed BRICS investment platform utilizing digital assets is poised to significantly alter the global financial landscape as it has the potential to challenge the dominance of Western financial systems, according to Professor Victoria Panova, an international relations expert at HSE University in Russia. The professor stressed the platform’s goal of empowering nations to make sovereign decisions regarding investment, leveraging new technologies to direct resources where they're most needed. She cited the substantial growth in intra-BRICS foreign direct investment (FDI), increasing from $1.1 trillion in 2011 to $3.7 trillion in 2021, as evidence of this potential. Panova also highlighted the difficulties faced by countries like Egypt and Ethiopia due to restrictive conditions imposed by the IMF, arguing that the BRICS investment platform, with its access to potentially $100 billion, can offer alternative financing free from political interference and better tailored to the needs of recipient nations. Prof. Panova emphasized that the BRICS investment platform serves as a crucial safeguard against the "restrictive, punitive, unilateral, and illegal," financial measures employed by Western nations. She proposed several avenues for African nations to cooperate with BRICS to further reduce their dependence on Western financial systems. This includes collaborative development of cross-border payment systems, the establishment of networks of corresponding banks and exchanges utilizing national currencies, and the exploration of a joint BRICS-Africa clearing and settlement system .Trump picks ex-senator Perdue as US envoy to China
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Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. The jury in Daniel Penny's manslaughter case may have been deadlocked, but Phil Mickelson's opinion is clear. The 54-year-old golfer shared a post from political commentator Collin Rugg on X that called Penny a "model citizen...that every mayor of every city should want more of," a "hero" and a "breed of young men who are becoming less and less common." Before the most serious charge was dismissed, Penny was on trial for second-degree manslaughter for killing Jordan Neely after placing him in a chokehold on a subway. Neely died later on. Phil Mickelson and Daniel Penny (Imagn I AP Newsroom) Mickelson agreed with Rugg's words. "Agree. Thank you Daniel for serving your country and for protecting the many passengers whose lives were threatened by this violent and deranged individual," Mickelson wrote . Despite the jury being deadlocked, the judge sent jurors back to deliberate more Friday morning, but they told the court shortly after 3 p.m. they still could not reach a unanimous decision. Phil Mickelson during a practice round before The 152nd Open Championship at Royal Troon July 15, 2024, in Troon, Scotland. (Pedro Salado/Getty Images) The judge initially ruled the jury could not deliberate on the second charge unless they found Penny not guilty of manslaughter for some reason other than that the chokehold was justified. However, after jurors said they were deadlocked a second time, Assistant Manhattan District Attorney Dafna Yoran asked to have the most serious charge dismissed to allow the jury to debate the lesser charge of criminally negligent homicide, which carries a maximum punishment of four years in prison. The charge requires prosecutors to prove Penny acted with recklessness when he grabbed Jordan Neely in a chokehold. Neely barged onto the train while high on drugs, threatening to kill passengers during a psychotic episode, according to trial testimony. Neely was a 30-year-old with schizophrenia who said someone was going to "die today" and that he didn't care about going to prison for life. Penny grabbed him from behind in a chokehold to halt the outburst. Daniel Penny departs the Manhattan Criminal Courthouse in New York City Thursday, Dec. 5, 2024. (Adam Gray for Fox News Digital ) CLICK HERE TO GET THE FOX NEWS APP Neely later died. He had an active arrest warrant at the time. He was high on K2, a synthetic marijuana drug that functions as a stimulant, and his lengthy criminal record included an alleged 2021 assault on a 67-year-old woman at another subway station. The jury will break for the weekend and deliberate on a lesser charge, criminally negligent homicide, on Monday. Fox News Research contributed to this report.TMX Group: Worth Paying Up For Growth