Shell to fund 60 million CO2 offset credits through Africa cookstoves rollout
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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.
Chairman s Statement
On behalf of the Board, I am pleased to present the Unaudited Half-Yearly Financial Report for Foresight Solar & Technology VCT Plc for the six months ended 30 September 2020 and to provide you with an update on the developments affecting the Company.
ORDINARY SHARES
Performance and portfolio activity
The Net Asset Value per Ordinary Share decreased by 0.5p to 70.2p at 30 September 2020, compared to 72.7p per share at 31 March 2020, after deducting the 2.0p per Ordinary Share dividend that was paid on 25 September 2020. The decrease in NAV is driven by the usual running expenses of the fund, with steady valuations in the portfolio for the period. As reported in the Company’s Annual Report and Accounts released in July, the effects of COVID-19 on the existing investment portfolio remain reasonably limited given the nature of the underlying investments.
Foresight Solar & Technology VCT Plc – Half-year report – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.