The Green Block

📣 The Green Block News Singapore-based blockchain firm Chintai is behind the new Net Zero-X exchange, designed for institutional and accredited investors. Net Zero-X leverages Chintai’s blockchain technology, licensed by the Monetary Authority of Singapore (MAS), to ensure transparency and security in green and climate tech investments. This platform fosters investor confidence and speeds up critical capital deployment. Learn more: https://lnkd.in/d4c8S4Tr Source: Hubbis

📣 The Green Block News The European Union confirmed on July 12 its ongoing partnership with ChromaWay to develop blockchain-based sustainability solutions. This decision follows ChromaWay’s presentation at the EU PCP final review meeting, showcasing advancements in Digital Product Passports and intellectual property rights using relational blockchain technology. The EU’s positive assessment highlights the potential for significant impacts in public and private sectors. Learn more: https://lnkd.in/d9RAsbYC Source: Cointelegraph

📣 The Green Block News Alibaba Cloud announced that the International Olympic Committee – IOC will use its Energy Expert solution to monitor and analyze electricity consumption at the Paris 2024 Olympic Games. Energy Expert consolidates various energy-related data into a single dashboard, enhancing energy efficiency. Previously used at the 2023 Olympic Esports Week, it helped reduce carbon emissions significantly. Learn more: https://lnkd.in/daAnhRis Source: Data Center News

📣 The Green Block News Green finance can help GCC countries unlock up to $2 trillion in GDP and create over one million jobs by 2030, according to Strategy& economists. The report emphasizes the need for green sovereign wealth funds and open capital markets. Recycling improvements could create 50,000 jobs and a $6 billion market. The UAE leads in sustainable finance, with initiatives like ESG reporting and the first sustainability-linked loan. Learn more: https://lnkd.in/d_NtTsdv Source: Khaleej Times

📣 The Green Block News Hayden AI Technologies, Inc. has secured $90 million in Series C funding led by TPG’s The Rise Fund, aimed at accelerating the development and deployment of its vision AI solutions for smart cities. This investment underscores Hayden AI’s leadership in the $748 billion smart city market, supporting its mission to enhance urban sustainability and road safety through advanced geospatial data analytics. Learn more: https://lnkd.in/dengXBSr Source: Businesswire

📣 The Green Block News CapitaLand Investment Limited (CLI) raised RMB1 billion (approximately S$186 million) from the second tranche of its sustainability-linked panda bond, achieving a total of RMB2 billion (approximately S$372 million). The bond was 2.64 times subscribed, reflecting strong investor confidence. Issued at a fixed coupon rate of 2.8% per annum, this is a record low for three-year panda bonds issued under private placement, reducing CLI’s financing costs. CLI plans to use the proceeds to refinance existing borrowings, aligning with its sustainability targets. Learn more: https://lnkd.in/dc_y89EU Source: CapitaLand

📣 The Green Block News The Carbon Credit Validation, Verification and Certification Market is projected to grow from $226 million in 2024 to $884 million by 2030, driven by stringent environmental regulations, corporate sustainability initiatives, and increasing investor focus on ESG criteria. Innovations in technology such as blockchain and remote sensing are enhancing the efficiency and transparency of carbon credit validation processes. Learn more: https://lnkd.in/dYa6577E Source: PR Newswire

📣 The Green Block News Boerse Stuttgart Group has announced the inclusion of ESG data for cryptocurrencies in its market data offerings, coinciding with the upcoming EU MiCA regulation. The ESG data, provided by Crypto Risk Metrics, will cover approximately 30 cryptocurrencies initially, with plans for expansion based on demand. This move ensures crypto asset providers can meet MiCA's sustainability reporting requirements efficiently. Sabine Guske, Head of Data & Analytics at Boerse Stuttgart Group, emphasized the ease and cost-effectiveness of obtaining this regulatory-required data through their network. Learn more: https://lnkd.in/duxcMjVz Source: FinanceFeeds

📣 The Green Block News Brazil is accelerating efforts to launch a major carbon emissions trading system ahead of COP30 in 2025, aiming to cut emissions significantly and fund rainforest preservation. Despite political disputes and sector exemptions, the initiative could position Brazil as a leader in environmental sustainability in the developing world. The Brazilian government's push to establish a carbon market before COP30 underscores its commitment to combating climate change through innovative financial mechanisms, potentially attracting billions in investments for nature-based projects. Learn more: https://lnkd.in/duhrsTtp Source: Dialogue Earth

📣 The Green Block News Sharjah Taxi has announced that 83% of its fleet now consists of hybrid and eco-friendly vehicles that run on both fuel and electricity. This initiative is part of Sharjah Taxi's ambitious plan to achieve a 100% eco-friendly fleet by 2027. This move aligns with the UAE's goal of adopting sustainable solutions and reducing carbon emissions. Khalid Al-Kindi, General Manager of Sharjah Taxi, emphasized the company's commitment to sustainable development and providing eco-friendly transportation alternatives. Learn more: https://lnkd.in/dr_QrMDy Source: ZAWYA