Inter-American Development Bank

VoIP-Pal Announces Three New Special Advisor Appointments

Retrieved on: 
Monday, March 18, 2024

Clay Perreault, Austin McDonald, and Ray Leon have been appointed as special advisors to the Board of Directors.

Key Points: 
  • Clay Perreault, Austin McDonald, and Ray Leon have been appointed as special advisors to the Board of Directors.
  • Mr. Perreault will serve as Technical Consultant, Mr. McDonald as Business Advisor, and Mr. Leon as Mediation and Settlement Advisor.
  • Each of them have very successful track records in their specific areas of expertise and long histories of collaborating with VoIP-Pal.
  • Mr. Perreault will be the chief advisor to the Company on all technical and patent related matters.

Rockefeller Foundation Outlines 4 Ways to Scale JETPs

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- The Rockefeller Foundation released a roadmap to make Just Energy Transition Partnerships (JETPs) a more effective vehicle for transforming energy systems in low- and middle-income countries. "Scaling the JETP model – prospects and pathways for action" details lessons learned from the first wave of JETPs, identifies roadblocks to the current model, and proposes pathways to scaling JETPs in ways that benefit vulnerable communities. Specifically, The Rockefeller Foundation recommends piloting a new approach to JETPs in a country such as the Philippines, developing a more effective on-ramp for the next wave of interested countries, elevating the role of Multilateral Development Banks (MDBs) in the process, and broadening and deepening support from donor countries.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- The Rockefeller Foundation released a roadmap to make Just Energy Transition Partnerships (JETPs) a more effective vehicle for transforming energy systems in low- and middle-income countries. "
  • Scaling the JETP model – prospects and pathways for action " details lessons learned from the first wave of JETPs, identifies roadblocks to the current model, and proposes pathways to scaling JETPs in ways that benefit vulnerable communities.
  • While JETPs are a political and financial innovation, the process to date has been slow, and the financing has failed to flow as quickly or at the scale initially promised.
  • Since 2022, The Rockefeller Foundation has collaborated with Climate Smart Ventures (CSV) to assess a possible JETP in the country.

10+ Countries Join First-of-Its-Kind Consortium to Deploy 5 GW of Battery Energy Storage Systems

Retrieved on: 
Saturday, December 2, 2023

Through the BESS Consortium, these first-mover countries are part of a collaborative effort to secure 5 gigawatts (GW) of BESS commitments by the end of 2024.

Key Points: 
  • Through the BESS Consortium, these first-mover countries are part of a collaborative effort to secure 5 gigawatts (GW) of BESS commitments by the end of 2024.
  • In order to achieve the estimated 400 GW of renewable energy needed to alleviate energy poverty by 2030 and save a gigaton of CO2, 90 GW of storage capacity must be developed.
  • Battery Storage Systems are a critical element to increasing the reliability of grids and accommodating the variable renewable energy sources that are needed to power economic development.
  • The BESS Consortium is a multi-stakeholder partnership set up to ensure these BESS benefits transform energy systems across low- and middle-income countries (LMICs).

10+ Countries Join First-of-Its-Kind Consortium to Deploy 5 GW of Battery Energy Storage Systems

Retrieved on: 
Saturday, December 2, 2023

Through the BESS Consortium, these first-mover countries are part of a collaborative effort to secure 5 gigawatts (GW) of BESS commitments by the end of 2024.

Key Points: 
  • Through the BESS Consortium, these first-mover countries are part of a collaborative effort to secure 5 gigawatts (GW) of BESS commitments by the end of 2024.
  • In order to achieve the estimated 400 GW of renewable energy needed to alleviate energy poverty by 2030 and save a gigaton of CO2, 90 GW of storage capacity must be developed.
  • Battery Storage Systems are a critical element to increasing the reliability of grids and accommodating the variable renewable energy sources that are needed to power economic development.
  • The BESS Consortium is a multi-stakeholder partnership set up to ensure these BESS benefits transform energy systems across low- and middle-income countries (LMICs).

Latin America Green Data Center Market is Set to Reach $1.65 Billion by 2028, More than 215 MW Power Capacity is Added in the Next 6 Years - Arizton

Retrieved on: 
Tuesday, November 21, 2023

Prominent data center companies Ascenty, Digital Realty HostDime, and Scala Data Center are committed to lowering carbon emissions and sourcing renewable energy to power their operation.

Key Points: 
  • Prominent data center companies Ascenty, Digital Realty HostDime, and Scala Data Center are committed to lowering carbon emissions and sourcing renewable energy to power their operation.
  • Microsoft is actively exploring ways to minimize waste and create environmentally friendly data centers through various trials and research initiatives.
  • In Latin America, data center power technology innovations include adopting lithium-ion and smart grid UPS and DRUPS systems.
  • Free cooling is adopted by data center operators in facilities in Brazil, Chile, Argentina, and the Caribbean, at least partially.

Latin America Green Data Center Market is Set to Reach $1.65 Billion by 2028, More than 215 MW Power Capacity is Added in the Next 6 Years - Arizton

Retrieved on: 
Tuesday, November 21, 2023

Prominent data center companies Ascenty, Digital Realty HostDime, and Scala Data Center are committed to lowering carbon emissions and sourcing renewable energy to power their operation.

Key Points: 
  • Prominent data center companies Ascenty, Digital Realty HostDime, and Scala Data Center are committed to lowering carbon emissions and sourcing renewable energy to power their operation.
  • Microsoft is actively exploring ways to minimize waste and create environmentally friendly data centers through various trials and research initiatives.
  • In Latin America, data center power technology innovations include adopting lithium-ion and smart grid UPS and DRUPS systems.
  • Free cooling is adopted by data center operators in facilities in Brazil, Chile, Argentina, and the Caribbean, at least partially.

HARBOR MEXICO'S NEW LEADERSHIP TEAM FUELS LATAM TRADE SUCCESS

Retrieved on: 
Wednesday, November 15, 2023

Bryan Maloney, CEO of Harbor, stated, "Mexico is the second-largest economy in Latin America and has consistent economic growth and stability, so it's an ideal environment for Harbor to expand and support trade development."

Key Points: 
  • Bryan Maloney, CEO of Harbor, stated, "Mexico is the second-largest economy in Latin America and has consistent economic growth and stability, so it's an ideal environment for Harbor to expand and support trade development."
  • Despite 4.4 million SMEs contributing to 35% of Mexico's GDP, their access to credit, particularly in trade finance, remains limited.
  • His prior roles at Citibank, Willis, BBVA, and the Bank of Tokyo (MUFG), and as CEO of Lumex Trade have provided him with comprehensive knowledge of trade finance products for the Latin American market.
  • Alejandro Luna of Harbor expressed his enthusiasm, "I'm excited to be part of building Harbor's franchise in LatAm and confident that our combined expertise will drive success and provide valuable support to SMEs in Mexico and beyond."

South Korean Space Startup TelePIX Partners with Mexican Geo-Info Company Thrusters Unlimited for Latin America and Caribbean Market Expansion

Retrieved on: 
Thursday, November 2, 2023

SEOUL, South Korea, Nov. 2, 2023 /PRNewswire/ -- TelePIX, a leading South Korean space startup, announced the signing of a Memorandum of Understanding (MOU) with Thrusters Unlimited, a Mexican geo-information company.

Key Points: 
  • SEOUL, South Korea, Nov. 2, 2023 /PRNewswire/ -- TelePIX, a leading South Korean space startup, announced the signing of a Memorandum of Understanding (MOU) with Thrusters Unlimited, a Mexican geo-information company.
  • This partnership marks a significant milestone in TelePIX's strategic expansion efforts into global markets, including Central and South America, as well as Europe.
  • In return, Thrusters Unlimited will contribute crucial market insights and potential customer leads for satellite and VAS services in the Latin America and Caribbean market.
  • Earlier this year, the company solidified a business agreement with Mexican space company Space Zero Gravity on June 2nd.

Grosvenor's North American Property Business Announces Strong GRESB Scores as it Continues Advancing Efforts to Reduce Carbon Footprint

Retrieved on: 
Friday, October 20, 2023

The company's North American property business reported higher annual scores from the Global Real Estate Sustainability Benchmark (GRESB), which tracks ESG progress across more than 2,000 companies.

Key Points: 
  • The company's North American property business reported higher annual scores from the Global Real Estate Sustainability Benchmark (GRESB), which tracks ESG progress across more than 2,000 companies.
  • Grosvenor placed second within its peer group for its Development score within Americas, Non-listed, Core, Closed end ranking, scoring 12-points above the benchmark average.
  • Scores achieved in both Development and Standing Investment divisions exceed the average GRESB score of 72 for 3rd year participants in the Americas.
  • This year's higher scores reflect improvements in the Stakeholder Engagement, Risk Assessment, and Health, Safety and Wellbeing sections of the GRESB ratings criteria.

Genians Attending Korea-LAC Innovation & Trade Forum 2023

Retrieved on: 
Tuesday, October 17, 2023

During the event, Genians’ Co-founder/CTO, Kyeyeon Kim will join the session “Securing the Digital World: Protecting Businesses and Society in Korea and Latin America & the Caribbean” as a panelist.

Key Points: 
  • During the event, Genians’ Co-founder/CTO, Kyeyeon Kim will join the session “Securing the Digital World: Protecting Businesses and Society in Korea and Latin America & the Caribbean” as a panelist.
  • Kyeyeon, a pioneer of the IT security industry in South Korea, will share his insights into the most effective ways to fortify IT security systems, reduce risks, and enhance responsive strategies in the face of cyber threats based on his successful cybersecurity career over two decades.
  • Also, since Genians has many customers in the government and public sector in South Korea, Kyeyeon will share his experiences to highlight the critical role of public-private partnerships in shaping and advancing cybersecurity policies and initiatives, emphasizing the profound impact of cross-border collaborations in the unceasing battle against cybercrime.
  • To learn more about this event, please visit https://korea-lac.com/