Innovative financing

Protecting Watersheds and Preventing Catastrophic Wildfire: Yuba I Forest Resilience Bond Returns Investor Capital, Driving Successful Restoration Efforts on the Tahoe National Forest

Retrieved on: 
Monday, December 4, 2023

In a conservation finance industry milestone, the Yuba I FRB returned all investor capital in line with expectations, financing restoration efforts on a 15,000 acre planning area on the Tahoe National Forest, which reduced the risk of catastrophic wildfire.

Key Points: 
  • In a conservation finance industry milestone, the Yuba I FRB returned all investor capital in line with expectations, financing restoration efforts on a 15,000 acre planning area on the Tahoe National Forest, which reduced the risk of catastrophic wildfire.
  • Planning was completed by USFS, who chose the NFF to manage the implementation of restoration activities on the Tahoe National Forest.
  • "The Forest Resilience Bond's success underscores the necessity of scaling finance models for ecosystem restoration to mitigate wildfire risks."
  • This partnership has attracted over $150 million in funding to continue forest restoration work in the North Yuba watershed.

The Digital Dollar Project Announces Fintech Hub at the Global Convening on the Future of Digital Currency

Retrieved on: 
Thursday, November 16, 2023

WASHINGTON, Nov. 16, 2023 /PRNewswire/ -- The Digital Dollar Project is pleased to announce the inclusion of a Fintech Hub at its upcoming global convening, "Exploring central bank digital currency: Evaluating challenges & developing international standards," co-hosted with the Atlantic Council's GeoEconomics Center. The convening will explore the complexities around digital currency, focusing on key technology and policy considerations, outlining areas for future public-private cooperation, and identifying potential pathways to standards that embed key privacy protections, democratic values, and interoperability.

Key Points: 
  • WASHINGTON, Nov. 16, 2023 /PRNewswire/ -- The Digital Dollar Project is pleased to announce the inclusion of a Fintech Hub at its upcoming global convening, "Exploring central bank digital currency: Evaluating challenges & developing international standards," co-hosted with the Atlantic Council's GeoEconomics Center .
  • "It's clear that the global economy in the twenty-first century will encompass a spectrum of both sovereign and non-sovereign digital currencies," commented J. Christopher Giancarlo, Executive Chairman of the Digital Dollar Project.
  • "The Digital Dollar Project serves as a neutral non-profit forum for private sector actors and thought leaders to explore potential technical designs for a tokenized digital dollar.
  • The Fintech Hub is an educational model supported by the Digital Dollar Project Participant Community.

African Guarantee Fund and Clean Cooking Alliance Challenge the Banking Industry To Invest in Carbon Markets

Retrieved on: 
Tuesday, September 19, 2023

NAIROBI, Kenya, Sept. 19, 2023 /PRNewswire-PRWeb/ -- The African Guarantee Fund (AGF) and the Clean Cooking Alliance (CCA), in partnership with the UN Capital Development Fund (UNCDF), have joined forces to empower Africa's banking industry with knowledge and insights necessary to navigate carbon markets effectively.

Key Points: 
  • The Clean Cooking Alliance, the African Guarantee Fund, and the United Nations Capital Development Fund, in collaboration with the Kenya Bankers Association, hosted over 100 senior bankers for a "Banking on Carbon Markets" workshop that focused on financing clean cooking projects.
  • NAIROBI, Kenya, Sept. 19, 2023 /PRNewswire-PRWeb/ -- The African Guarantee Fund (AGF) and the Clean Cooking Alliance (CCA), in partnership with the UN Capital Development Fund (UNCDF), have joined forces to empower Africa's banking industry with knowledge and insights necessary to navigate carbon markets effectively.
  • – Feisal Hussain, Senior Director of Innovative Finance, Clean Cooking Alliance
    Collaborating with the Kenya Bankers Association (KBA), AGF, CCA, and UNCDF hosted over 100 senior bankers for a "Banking on Carbon Markets" workshop that focused on financing clean cooking projects.
  • Industry leaders and investors shared global evidence and practical experiences in underwriting risks related to lending to clean cooking carbon projects.

New Wildfire Smoke Study Finds That Improving Health of California's Forests Benefits Human Health

Retrieved on: 
Tuesday, September 12, 2023

SACRAMENTO, Calif., Sept. 12, 2023 /PRNewswire-PRWeb/ -- With health impacts from wildfire smoke estimated to be one of the largest costs of wildfires, a new study shows that improving the health of California's forests can not only reduce the risk of wildfire, it can also benefit people's health. There may even be an opportunity for the health sector to be part of the forest restoration solution. In a future where smoke is inevitable, better collaboration among federal, state, and local agencies with interested healthcare partners is a pathway to building healthier forests and communities.

Key Points: 
  • It has been shown that restoring forests can reduce wildfire risk , and that smoke impacts may be one of the largest health costs of wildfires
    in recent years.
  • This report explores how forest management, including the use of beneficial fire, is linked to reducing overall smoke burden on populations and resulting impacts on human health and health organizations.
  • The report finds that many health organizations see the value in engaging with forest management, but they need more information on the potential benefits to people's health and the health sector.
  • The interviews uncovered health sector organizations' experiences with wildfire smoke, finding that there are real costs of wildfire smoke, often burdening rural, resource-constrained, or otherwise vulnerable communities.

The Rockefeller Foundation Invests $5 Million in Mombak's "The Amazon Reforestation Fund"

Retrieved on: 
Tuesday, August 22, 2023

NEW YORK, Aug. 22, 2023 /PRNewswire/ -- The Rockefeller Foundation announced today an investment of $5 million to "The Amazon Reforestation Fund", a vehicle created by Mombak, a Brazilian startup which aims to generate high-quality carbon credits through reforestation of the Amazon. The investment is part of a $100 million financing to support the largest biodiverse reforestation effort for carbon removal in the region, enabling Mombak to remove carbon, improve soil quality, enhance biodiversity, and create sustainable economic alternatives for local communities.

Key Points: 
  • NEW YORK, Aug. 22, 2023 /PRNewswire/ -- The Rockefeller Foundation announced today an investment of $5 million to "The Amazon Reforestation Fund", a vehicle created by Mombak, a Brazilian startup which aims to generate high-quality carbon credits through reforestation of the Amazon.
  • "The Rockefeller Foundation is proud to help close this gap by investing in Mombak's innovative model that seeks to remove carbon by reforesting the Amazon."
  • It does this by reforesting Brazilian pastureland using native and biodiverse tree species to rebuild the forests of the Amazon.
  • The Rockefeller Foundation's $5 million investment in Mombak alongside several blue chip investors represents the latest effort to strengthen the marketplace for carbon credits.

Rising Demand for Animal Protein Drives Growth in South American Animal Feed Market - ResearchAndMarkets.com

Retrieved on: 
Monday, August 14, 2023

The South American animal feed market plays a vital role in supporting the region's thriving livestock sector.

Key Points: 
  • The South American animal feed market plays a vital role in supporting the region's thriving livestock sector.
  • The main objective of the animal feed industry is to provide nutritious and cost-effective feed products to meet the growing demand for animal protein.
  • The South American animal feed market's growth has also attracted significant investment from foreign companies looking to tap into the region's growing demand for these products.
  • During the forecast period, Brazil is expected to hold a significant share of the South American animal feed market.

MSCI appoints Hiromichi Mizuno as a Special Advisor to the CEO

Retrieved on: 
Tuesday, August 1, 2023

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, is pleased to announce the appointment of Hiromichi (Hiro) Mizuno as a Special Advisor to the CEO, effective August 1, 2023.

Key Points: 
  • MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, is pleased to announce the appointment of Hiromichi (Hiro) Mizuno as a Special Advisor to the CEO, effective August 1, 2023.
  • He is particularly known for his impact and active efforts in advocating for and addressing climate change and gender diversity through investment practices.
  • “We are thrilled to welcome Hiro Mizuno to MSCI,” said Henry Fernandez, Chairman and Chief Executive Officer of MSCI.
  • “It is a privilege to join forces with MSCI at this transformative and challenging time for the investment industry,” said Hiro Mizuno.

SEI Appoints Head of New Business Ventures

Retrieved on: 
Tuesday, June 20, 2023

OAKS, Pa., June 20, 2023 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures, reporting to CEO Ryan Hicke. In this newly created role, she will:

Key Points: 
  • OAKS, Pa., June 20, 2023 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures, reporting to CEO Ryan Hicke.
  • In order to consistently generate new business ideas, test, and launch them, we need to dig deep into our roots of innovation with a dedicated focus."
  • "SEI has a strong history and culture of working with clients and communities to solve problems that matter.
  • Shah holds a Bachelor of Arts in politics with international studies from the University of Warwick in the U.K. and completed the Harvard Business School's YPO Presidents' Program.

LiveWire Group, Inc. appoints Hiromichi Mizuno to Board of Directors

Retrieved on: 
Thursday, June 8, 2023

LiveWire Group, Inc. (“LiveWire”) (NYSE: LVWR) today announced the appointment of Mr. Hiromichi (Hiro) Mizuno to the Company's Board of Directors, effective June 12, 2023.

Key Points: 
  • LiveWire Group, Inc. (“LiveWire”) (NYSE: LVWR) today announced the appointment of Mr. Hiromichi (Hiro) Mizuno to the Company's Board of Directors, effective June 12, 2023.
  • He previously served as Executive Managing Director and Chief Investment Officer of Government Pension Investment Fund of Japan (GPIF), the largest pension fund in the world.
  • Additionally, Mizuno has served as a non-Executive board member of Tesla, Inc. and serves as a Mission Committee Member at Danone, S.A.
    Mizuno holds an M.B.A. from the Kellogg Graduate School of Management at Northwestern University.
  • Additionally, Paul Krause, Chief Legal Officer at Harley-Davidson will also be appointed to the Board of Directors of LiveWire Group, Inc. effective June 12, 2023.

The Data Economics Company and Gordian Knot Strategies Highlight Deployment of Enkrateia Platform for More Strategic Investments in U.S. Forests

Retrieved on: 
Thursday, June 8, 2023

LOS ANGELES, June 8, 2023 /PRNewswire/ -- The Data Economics Company (DECO) and Gordian Knot Strategies (GKS) announced the deployment of Enkrateia's Traro tool in support of the $2.2 million Innovative Finance for National Forests (IFNF) grant program for 2023. The program is co-managed by the U.S. Forest Service (USFS) and U.S. Endowment for Forestry and Communities (Endowment).

Key Points: 
  • LOS ANGELES, June 8, 2023 /PRNewswire/ -- The Data Economics Company (DECO) and Gordian Knot Strategies (GKS) announced the deployment of Enkrateia's Traro tool in support of the $2.2 million Innovative Finance for National Forests (IFNF) grant program for 2023.
  • The program is co-managed by the U.S. Forest Service (USFS) and U.S. Endowment for Forestry and Communities (Endowment).
  • IFNF announced eleven new grants for projects from California and Arizona, to the Great Lakes Region, Utah, and east to Maine.
  • Enkrateia and Traro run on DECO's patented Lydion® Engine, software that facilitates the secure, private packaging, exchange, and productization of valuable data assets.