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Page 11 - இங்கிலாந்து கவர்னர் குறி கார்னி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Facebook-Backed Diem Aims to Launch Digital Currency Pilot Later This Year

First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro. But after facing strong opposition from regulators around the world, the organization overseeing the project lost major backers including Visa and Mastercard. The group eventually watered down its plans, opting for multiple stablecoins backed one-to-one by different government-backed currencies, as well as one multi-currency coin. Now known as diem, the Facebook-backed digital coin is expected to launch later this year, albeit in a much more limited form. When it finally arrives, diem won t come with the same fanfare and controversy of the original idea envisioned by the social media giant nearly two years ago.

Shell to fund 60 million CO2 offset credits through Africa cookstoves rollout

Shell to fund 60 million CO2 offset credits through Africa cookstoves rollout Content by subject If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. It marks the latest move from Shell into the burgeoning voluntary carbon offsetting market Oil and gas giant teams up with C-Quest Capital to supply clean and efficient cookstoves for 1.5 rural households, generating credits for the voluntary carbon market Shell has struck a deal with social impact project developer C-Quest Capital to supply more than 60 million offset credits for the voluntary carbon market, with the oil and gas giant agreeing to fund clean and efficient cookstoves for more than 1.5 million rural households across eastern Africa.

Shell, BP, and Easyjet: The Big Polluters Designing the Rules for Voluntary Carbon Offsets

Shell, BP, and Easyjet: The Big Polluters Designing the Rules for Voluntary Carbon Offsets
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