Everyone is saying that the voluntary carbon market (VCM) is pivoting to higher quality. But now Calyx Global and ClearBlue Markets are providing empirical evidence that it’s true. The VCM is, in fact, slowly improving on quality. Furthermore, our combined datasets suggest that higher quality is garnering higher prices. Is a flywheel in motion? The data hints at the possible revving up of a virtuous engine: Higher prices that reward higher quality can motivate credit generators to improve the integrity of their emission reduction (or removal) claims. This could be the key to accelerating the much-needed reform of the VCM—a…
Author: user
Asset Allocation and Private Markets: A Guide to Investing with Private Equity, Private Debt, and Private Real Assets. 2021. Cyril Demaria, Maurice Pedergnana, Rémy He, Roger Rissi, and Sarah Debrand. John Wiley & Sons. Private market (PM) investing, according to the authors of Asset Allocation and Private Markets, entails some noteworthy challenges. For instance, analyzing returns is problematic, owing to stale pricing that arises from relatively illiquid trading. The task is further complicated by the difficulty of calculating correlations between private and public asset returns. Fund managers can game internal rate of return (IRR) calculations through the timing of company…
(Bloomberg) — New Zealand’s central bank will slow the pace of interest-rate cuts after a third straight reduction of 50 basis points, saying lower borrowing costs should begin to stoke an economic recovery. Most Read from Bloomberg The Reserve Bank’s Monetary Policy Committee lowered the Official Cash Rate to 3.75% from 4.25% Wednesday in Wellington, as anticipated by all 23 economists in a Bloomberg survey. It will likely follow with 25-point cuts at its April and May policy meetings, Governor Adrian Orr told reporters at a press conference. “We are looking at lowering the Official Cash Rate a little bit…
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, ChinaBloomberg | Bloomberg | Getty ImagesChina is starting to see a rebound in its mergers and acquisition scene after years of decline as the government’s stimulus measures start to bear fruit, while pressure from Donald Trump’s tariffs is also driving industry consolidation.In 2024, China’s M&A activity was on course to log its fifth straight year of decline, until the final quarter of the year, which saw a sudden acceleration in activity. The value of…
President Donald Trump’s planned tariff on imports from Canada could lead to pricier lumber, impacting homebuilders’ margins. Lumber futures (LBR=F) are currently trading at $583 per thousand board feet. As the National Association of Home Builders notes, a 25% tariff on softwood lumber products from Canada, in addition to the existing 14.5% duty rate, would increase the overall effective rate for the Canadian tariff to nearly 40%. Canada, the biggest foreign supplier of lumber to the US, has already encountered tariffs after claims of unfair pricing. That has raised lumber costs, created market uncertainty, and prompted builders to diversify their…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Two interest rate decisions and Chinese house prices top the Asia-Pacific calendar on Wednesday, with markets still pretty buoyant even as investors navigate the increasingly powerful crosscurrents of global trade and geopolitical uncertainty. Wall Street’s big three indices were little-changed on Tuesday but the S&P 500 eked out a new closing high, as did the MSCI World index. Markets are in a holding pattern, taking a ‘wait and see’ approach to tariffs and potential Russia-Ukraine truce. When it comes to U.S. monetary policy, the Federal Reserve…
Japan’s Osaka is the 43rd most expensive city to live in, according to the Economist Intelligence Unit.Mlenny | E+ | Getty ImagesAsia-Pacific stocks were mostly down Wednesday, even as Wall Street gained overnight with the S&P 500 closing at a record high as investors appeared to look past tariffs and inflation headwinds.Japan’s benchmark Nikkei 225 started the day 0.13% lower, while the broader Topix index traded flat.Business sentiment for Japanese manufacturers rose for the second month in February, results from the Reuters Tankan poll indicates. The manufacturers’ sentiment index rose to plus 3 — its highest level since November — from plus…
Ukraine’s mineral wealth has been thrown into the spotlight as US President Donald Trump looks to seize control of its resources in return for military support. Yet very little is actually known about what’s up for grabs.Various reports have suggested that Ukraine has mineral deposits worth upwards of $10 trillion, and President Volodymyr Zelenskiy’s government has been keen to promote crucial materials that can be exploited as it seeks more military and economic support. Source link
The rescue happened on Monday, Feb. 17, when Rockland paramedics were called to a Garnerville residence after a woman complained of headaches and nausea, according to Rockland Paramedic Services.As they assessed her condition, their portable carbon monoxide detectors began alerting to high CO levels inside the home. Realizing the danger, Reinertsen and Nava immediately evacuated the house and discovered that all residents—five adults and four children—were experiencing symptoms of carbon monoxide poisoning, including headaches and nausea.The family members were transported to Montefiore Nyack Hospital for evaluation and treatment using three ambulances—two from Haverstraw Ambulance Corps, Inc. and one from Congers-Valley…
Dirk Van de Put, Chairman and CEO of Mondelez International, Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesMondelez CEO Dirk van de Put on Tuesday said the Oreo maker will face new cost pressures from the Make America Healthy Again movement spearheaded by U.S. health secretary Robert F. Kennedy Jr and that Americans would see price hikes.Make America Healthy Again could require that Mondelez reformulate its U.S. products, which include Ritz crackers and Chips Ahoy cookies, Van de Put said at an industry conference. That would mean swapping out ingredients and food dyes it currently uses.Kennedy has said he plans…