Tag: Economic

EUR 72.6 million in investment aid granted to 13 clean energy projects
Europe

EUR 72.6 million in investment aid granted to 13 clean energy projects

Ministry of Economic Affairs and Employment Publication date 14.10.2024 – Press Release The Ministry of Economic Affairs and Employment has granted a total of EUR 44,546,484 in investment aid to 12 projects under the national Recovery and Resilience Plan (RRP). Moreover, by a decision supported by the Ministerial Finance Committee on 3 October, EUR 28,048,200 was granted to Nordic Ren-Gas Oy for a large demonstration … Continue reading EUR 72.6 million in investment aid granted to 13 clean energy projects

Impact Newswire
Citi and Mastercard
United States

Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Citi is the first global bank to enable cross-border payments to Mastercard debit cards October 10, 2024 – NEW YORK – Today, Citi (NYSE: C) and Mastercard (NYSE: MA) announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value … Continue reading Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Impact Newswire
Ripple
United States

Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Ripple’s enhanced end-to-end payments solution is now available in first Latin America market SÃO PAULO – Ripple, the leading provider of digital asset infrastructure, today announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which enables businesses to easily leverage blockchain for faster, cheaper, more efficient cross-border payments … Continue reading Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Impact Newswire
'Pact for the Future'
Global

The UN’s Newly Signed ‘Pact for the Future’ Echoes Kamel Ghribi’s Common Good Vision and Need for Equal Access to Healthcare

October 04, 2024 (Impact Newswire) – Over the weekend, the United Nations took a significant step towards addressing the pressing challenges of global inequality and climate change by signing the “Pact for the Future” during the 79th General Assembly in New York. This historic agreement aims to create a more sustainable and equitable world by addressing healthcare, education, economic stability, and environmental protection issues. Endorsed … Continue reading The UN’s Newly Signed ‘Pact for the Future’ Echoes Kamel Ghribi’s Common Good Vision and Need for Equal Access to Healthcare

Emmanuel Benson
Climate policy initiative
United States

The Lab’s 10th cohort presents over USD 490 million in climate investment opportunities

New York, 3 October 2024 – The Global Innovation Lab for Climate Finance (the Lab) gathered last week in New York to endorse its 2024 class of innovative climate finance solutions. The class features 10 ideas across five regional programs and three thematic streams. The combined investment opportunities in this class total USD 490.5 million, targeting philanthropic, public, and private investors. Pilot projects are planned in various countries, … Continue reading The Lab’s 10th cohort presents over USD 490 million in climate investment opportunities

Impact Newswire
UNEP
Global

$8 trillion opportunity in sustainable cooling solutions for developing economies

New York, 25 September 2024 — The cooling market in developing economies is expected to grow from around USD 300 billion to at least USD 600 billion, per year by 2050, according to a report released today by the UN Environment Programme (UNEP)-led Cool Coalition and International Finance Corporation (IFC). The fastest growth in cooling is expected in Africa, which will see the market multiply by a factor … Continue reading $8 trillion opportunity in sustainable cooling solutions for developing economies

Impact Newswire
United Nations
Africa

Unlock Growth Through Trade, Make Africa Clean Energy Superpower, Deputy Secretary-General Urges at Flagship Event

Following are UN Deputy Secretary-General Amina Mohammed’s remarks, as prepared for delivery, to the Opening of Unstoppable Africa (Global Africa Business Initiative 2024), in New York today: Welcome to the third annual flagship convening of the Global Africa Business Initiative (GABI).  Three years ago, we gathered here to explore the possibilities of investing in Africa and building the future we all envision. Since then, our … Continue reading Unlock Growth Through Trade, Make Africa Clean Energy Superpower, Deputy Secretary-General Urges at Flagship Event

Impact Newswire
oecd
Europe

OECD and UN announce next steps in collaboration on Artificial Intelligence

Meeting on the margins of the Summit of the Future at United Nations (UN) headquarters in New York, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Ulrik Vestergaard Knudsen and the UN Secretary-General’s Envoy on Technology, Under-Secretary-General Amandeep Singh Gill, announced a new enhanced collaboration between the UN and the OECD on global AI governance.   “The speed of AI technology development … Continue reading OECD and UN announce next steps in collaboration on Artificial Intelligence

Impact Newswire