Blockchain
Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023
Leading the future through Environmentally Sustainable Growth
Dubai, United Arab Emirates–(Newsfile Corp. – November 7, 2022) – The World Environment, Social and Governance (ESG) Summit will magnify the ground reality and allow all stakeholders to urge for methodologies to minimize or evade carbon emissions through a practical approach. Focusing on insightful sessions, valuable discussions, and fruitful networking to redefine the current approach and adopt the most impactful ways of incorporating ESG on priority. ESG has become a game changer for many companies as the world of business pivots towards sustainability for their survival. Managing ESG issues is critical for public and private sector globally. Not only are investors, customers, and other stakeholders demanding lower carbon emissions, but also organizations that are not taking a holistic approach to sustainability will also fall behind. In this global Summit, best practices to identify, measure, report on and manage ESG and climate-related risks will be discussed and those attending will hear practical lessons which can immediately be applied in their organizations. High-level speakers will engage in insightful keynotes, panel discussions and interactive networking sessions with a focus on defining opportunities and commitments for supporting ESG through business, investment, and cross-sector collaboration.
Figure 1: World ESG Summit to be held in Dubai Feb 2023
This three-day Summit will be held in Dubai, United Arab Emirates on February 21st to 23rd 2023 and is a dedicated attempt to one-roof for investors, stakeholders, customers, and green economy enthusiasts from all over the globe.
KEY TOPICS:
- ESG Overview: Road to Net-Zero 2050 opportunity & challenges
- ESG regulations around the world
- Impact investing
- ESG for all-sustainable built environment
- Circular economy goals
- Sustainable finance: The next big step
- Blue and green hydrogen
- The role of hydrocarbon industry in Carbon Capture & Storage Success
- ESG factors and business drivers: Separating out ESG factors
- ESG challenges: Stakeholders’ perspectives
- Climate policy and green agendas
- The reliable journey toward decarbonization
- Why the world needs sustainable development leaders
- Accelerating the growth of the global green economy
- ESG reporting
- How to scale up the world’s circular economy?
- The Net-Zero standard development process
TARGET AUDIENCE
All future-driven industry constituents are welcomed to attend this insightful Summit. The Summit’s objectives are to spread awareness about the subject and evaluate the quantum worth of emphasizing environmental, sustainability and governance.
- Government
- Financial Firms & Banks
- Energy
- Automotive Industry
- Chemical Industry
- Construction Industry
- Circular Economy
- Academia
- Environmental Management
- Media Companies
- Venture Capital
- Health Care & Cosmetics
SPONSOR: TRST01
Figure 3: World ESG Summit – Supporting Partners
SPEAKERS
- Ahmed Khalil –
Director – HSE BAPCO
- Dr Waddah S Ghanem Al Hashmi
Honorary Chairman – Energy Institute – Middle East
- Maryam Telmesani
Chair – United Nations Global Compact Network, Saudi Arabia
- Abdullah Al-Ghamdi –
Chairman – Society of Occupational Safety & Health - Taher Diab –
Senior Director, Strategy & Planning at The Dubai Supreme Council of Energy - Ivano Iannelli –
Board Director ESG Foundation - Catriona Brady –
Director of Strategy & Development – World Green Building Council - Ahmed Samir Elbermbali –
Sustainability Market Leader – Middle East at Bureau Veritas ZEV Campaigns Lead at the UN Climate Change High-Level Champions - Sara Al Ameri –
Diplomat at MOFAIC Member of the Arab Youth Council for Climate Change - Nadia Ibrahim –
Associate Director Sustainability Farnek Services LLC - Dr. Wesam Al Madhoun –
Founder- Global Ambassadors of Sustainability - Suad Al Hussain –
Chairman of the Board of Directors of the Kuwait Society for Sustainable Energy - Rana Hajirasouli –
Founder – The Surpluss - Dr. Rashed Mohamed Karkain
CEO/MD – Sustainable Development Research and Training Institute
- Majd Fayyad
DSM Strategy & Policy Lead at Dubai Supreme Council of Energy
- Deepthy K B
Regional Director, Market Development – GBCI Middle East
- Prabir Mishra
CEO & Founder at TRST01
More Info:
For enquiries related to this event, please contact:
Gulf Xellence
Waqar Andrabi
Email: [email protected], [email protected]
Exhibiting/ Administration/ Media
Event URL: https://worldesgsummit.com/
Registrations Event URL: https://www.eventbrite.com/e/world-esg-summit-dubai-tickets-443169982347
PR Contact:
ZEX PR WIRE
[email protected]
http://zexprwire.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143309
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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