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Rimba Raya Becomes First Forest Conservation Project in the World to Achieve 3rd Party-Verification of Contributions to the UN Sustainable Development Goals (SDGs).

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Rimba Raya is the world’s first forest conservation project to independently verify its contributions to environment, biodiversity and social SDGs under the newly created Sustainable Development Verified Impact Standard (SD VISta).

Borneo, Central Kalimantan, Indonesia, September 21 2020 – Everland llc, the agency exclusively representing InfiniteEARTH’s Rimba Raya Biodiversity Reserve in Borneo, is pleased to announce that Rimba Raya is the world’s first forest conservation project to independently verify its contributions to environment, biodiversity and social SDGs under the newly created Sustainable Development Verified Impact Standard (SD VISta).

SD VISta was developed by Verra, a leading standards organization created to help countries, the private sector, and civil society to achieve ambitious sustainable development and climate action goals.

SD Vista enables projects to assess the sustainable development benefits they generate directly against the SDGs. Under SD VISta, projects must demonstrate to the satisfaction of a third-party assessor that they advance the SDGs. By successfully completing the SD Vista audit, Rimba Raya now brings a new level of quality assurance and transparency to the reporting of its project outcomes and impact claims.

Since 2009, the Rimba Raya project has successfully defended 64,500 hectares of carbon- and biodiversity-rich lowland peat forest from conversion to oil palm plantations, which surround the project area and the adjacent Tanjung Puting National Park, a UNESCO Biosphere Reserve. Rimba Raya protects over 120 threatened and endangered species in the project area and supports over 10,000 forest-dependent community members living in and along the boundaries of the project, who have traditionally held no formal land tenure. The project has been developed and managed since inception by InfiniteEARTH, a pioneering conservation project developer.

Oil palm concessions, which completely surround Rimba Raya and Tanjung Putting and which have destroyed 2.4 million hectares of Borneo’s forests since 2000, had been granted for the entire project area before the project successfully halted them. In recognition of the project’s success in halting deforestation, it achieved verification as a REDD+ (Reducing Emissions from Deforestation and forest Degradation) project, under which it has generated over 33 million tonnes of verified CO2 emissions reductions since the start of the project. These verified emissions reductions are sold to corporations which voluntarily offset their unavoidable emissions as well as support meaningful social and biodiversity co-benefits.

Among these co-benefits, SD VISta auditors have verified Rimba Raya’s numerous contributions to the SDGs, including:

  • Mangrove restoration and peat swamp reforestation: Rimba Raya has carried out significant restoration activities, providing educational opportunities, strengthening community resilience and capacity to respond to climate change, contributing to gainful employment throughout the project zone, increasing habitat for endangered species, and improving the integrity of water-related ecosystems. SD Vista auditors verified that that these activities will directly contribute to net positive impacts for SDGs 4, 13, 14, 15 and, indirectly, 6, 8 and 11.
  • Orangutan Care Facility: A portion of the revenues from the sale of the project’s carbon credits are used to fund project partner Orangutan Foundation International’s ongoing activities, including new programs for reforestation of critical orangutan habitats and acquisition of viable habitat. In addition, the project will build three new orangutan release centers and six feeding platforms at strategic locations inside the Project Area. The auditors verified that this activity will generate net positive impacts for SDGs 11 and 15.
  • Scholarships: A portion of the revenue from the sale of the project’s carbon credits goes toward educational scholarships, to create opportunities for students from less fortunate families to continue their education to senior high school level or equivalent for a period of 3 years. Auditors verified that these activities generate net positive impacts for SDG 4 through the increase in availability of higher education opportunities for children throughout the project zone.
  • Floating Clinic: With a total absence of health care available in the project’s remote villages, the project constructed and operates a floating clinic, giving it the ability to deliver medical services up and down the Seruyan River, effectively servicing all the communities in the Project Zone. Auditors confirmed that this activity will directly contribute to net positive impacts for SDG 3 – Good Health and Well-being.

“Buyers, now more than ever, seek projects that satisfy both environmental and social development goals. The SD VISta standard provides buyers of credits with a new standard to discern the specific impacts of a project.” said InfiniteEARTH Co-Founder Jim Procanik

“This is a crucial milestone. By completing the registration and successful verification of monitored results under SD VISta, Rimba Raya has demonstrated how projects can track progress against the SDGs in a rigorous and workable manner”, states David Antonioli, CEO of Verra. “Many corporations who rely on carbon credits to meet ambitious climate goals value knowing that the carbon credits they purchase and retire have additional benefits beyond reducing emissions – and Rimba Raya’s SD VISta certification demonstrates that this project has accomplished that.”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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British Airways Owner IAG Prepares for Summer Surge Amid High Travel Demand

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As the world gradually emerges from the grip of the pandemic, the travel industry is witnessing a resurgence in demand with British Airways owner IAG SA gearing up for a busy summer season.

Despite lingering challenges, the airline conglomerate remains optimistic about the outlook, citing strong demand for travel within Europe and across the Atlantic.

In a recent stock exchange filing, IAG disclosed an adjusted operating profit of €68 million ($73.3 million) for the three months ending March.

According to Chief Executive Officer Luis Gallego, the group’s core markets, including the North Atlantic, South Atlantic, and intra-Europe routes, have shown robust performance, positioning them well for the upcoming peak travel period.

With vaccination rates increasing and travel restrictions easing in many parts of the world, consumers are eager to resume travel plans, fueling the surge in demand.

However, the road ahead is not without its challenges. While travel within Europe and across the Atlantic remains strong, other regions present a more complex operating environment.

The ongoing conflict in the Middle East has dampened demand for certain destinations, while airspace restrictions resulting from geopolitical tensions, such as the Russian invasion of Ukraine, have disrupted flight routes to East Asia.

Despite these hurdles, IAG remains resilient, banking on the strength of its core markets and the performance of its brands to weather the storm.

The company’s strategic positioning and proactive measures to adapt to changing circumstances have positioned it to capitalize on the rebound in travel demand.

As the summer season approaches, IAG is focused on ensuring operational readiness to meet the surge in passenger numbers.

With travelers eager to reconnect with loved ones, explore new destinations, and embark on long-awaited vacations, the airline group stands ready to facilitate safe and seamless travel experiences.

As vaccination campaigns progress and travel sentiment rebounds, IAG’s proactive approach and strategic investments position it as a key player in the aviation industry’s recovery journey. With optimism on the horizon, the company remains committed to delivering exceptional service and fostering a seamless travel experience for passengers worldwide.

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Israeli Troops Take Control of Rafah Border Crossing Amidst Ceasefire Talks

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Israeli troops took control of the Rafah border-crossing area in Gaza on Tuesday morning, with Hamas saying all aid flows from Egypt had stopped.

The army has halted “the movement of people and aid completely,” the Hamas-run crossing authority said in a statement. Soldiers replaced Palestinian flags with Israeli ones.

It’s the first time Israel’s army has moved into the area since the war with Hamas began in October.

Israeli Military Tells About 100,000 People to Leave Eastern Rafah

Palestinians sheltering in Rafah were told Monday to move to an “expanded humanitarian area”.

The border is the main entry point for aid into Gaza, and the Palestinian territory’s only crossing aside from those with Israel. The US has been urging Israel for weeks to allow more food and other supplies into Gaza, parts of which the United Nations says are on the verge of famine.

The movement of troops came a day after Israel told residents in parts of eastern Rafah to leave immediately ahead of a possible attack on the city.

Most Arab and many European states have said Israel should not attack Rafah, fearing it would cause mass casualties. Prime Minister Benjamin Netanyahu says Rafah is the last bastion of Hamas, with about 5,000 to 8,000 of its fighters and senior leaders lodged in the city, as well as many Israeli hostages.

Cease-fire talks between the two sides continue to drag. Hamas said on Monday night it had accepted a proposal from mediators Egypt and Qatar. Israel rejected it, saying it contained demands the Jewish state cannot accept.

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Israel Calls for Evacuation of Rafah Amid Threat of Assault

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Rafah, Gaza, Palestine

Israel called on civilians to evacuate parts of Rafah on Monday in what appeared to be preparation for a long-threatened assault on Hamas holdouts in the southern Gaza Strip city where more than a million war-displaced Palestinians have been sheltering.

Instructed by Arabic text messages, telephone calls, and flyers to move to what the Israeli military called an “expanded humanitarian zone” 20 km (7 miles) away, some Palestinian families lumbered out under chilly spring rain, witnesses said.

Israel’s military said it had begun encouraging residents of Rafah to evacuate in a “limited scope” operation. It gave no specific reasons, nor did it say if any offensive action might follow.

Seven months into its war against Hamas, Israel has been threatening to launch incursions in Rafah, which it says harbours thousands of Hamas fighters and potentially dozens of hostages. Victory is impossible without taking Rafah, it says.

The prospect of a high-casualty operation worries Western powers and neighbouring Egypt, which is trying to mediate a new round of truce talks between Israel and Hamas under which the Palestinian Islamist group might free some hostages.

The Rafah plan has opened an unusually public rift between Israel and Washington. Speaking to his U.S counterpart, Israeli Defence Minister Yoav Gallant linked Monday’s operation to the deadlock in indirect diplomacy, which he blamed on Hamas.

“During their discussion, Gallant discussed the efforts undertaken to achieve the release of hostages and indicated that at this stage, Hamas refuses the frameworks at hand,” the Israeli Defence Ministry said in a statement.

“Gallant emphasized that military action is required, including in the area of Rafah, at the lack of an alternative,” it added On Monday, the Israeli military called on Palestinians in eastern parts of Rafah to move to a nearby “humanitarian area”, saying it would “encourage … the gradual movement of civilians in the specified areas”.

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