Co2Bit Technologies has unveiled an advanced AI system to enhance the voluntary carbon credit market by providing comprehensive assessments of environmental impacts, including habitability and sustainability. This innovative approach aims to resolve inconsistencies in carbon offset ratings and is set to undergo beta testing in Q2 2025. Co2Bit has already protected over 100 million trees in the Brazilian Rainforest and formed partnerships with numerous countries to finance climate initiatives.
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News from AGO
Generated 0 posts last week Regulators Crack Down on Unlicensed Crypto Platforms in Asia
Binance has launched a regulated exchange in Thailand through a joint venture, following disputes with the Thai SEC. The SEC is intensifying its crackdown on unlicensed platforms to curb money laundering activities, while Hong Kong is considering approving crypto ETFs but also working to curb investment fraud.
read moreGlobal Markets Update: Nikkei Hits Record High, US Manufacturing Struggles
US manufacturing struggles as factory activity continues to contract for the 16th consecutive month, with new orders and production remaining sluggish in February. Analysts anticipate a modest recovery if the Fed lowers interest rates to stimulate domestic capital investment and external demand. Meanwhile, China’s upcoming parliamentary meetings and OPEC’s decision to extend output cuts are closely watched by investors for signals on economic stimulus and crude market stability, respectively.
read moreGerman Government’s Export and Investment Guarantees in 2023
The German government provided export guarantees totaling 18.4 billion euros and investment guarantees of 1.5 billion euros in 2023, with a focus on supporting projects in renewable energy, green hydrogen, and electrified rail infrastructure. The highest export guarantee volumes were allocated to Turkey, Egypt, Angola, Mexico, and Saudi Arabia, while the highest investment guarantee volumes went to Peru, Egypt, China, Namibia, and Ukraine. The government emphasized its role in promoting reliability and security in German export business, particularly in uncertain times, with a significant portion of the supported deals involving emerging and developing countries.
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