Tag Archives: development
Rare Damani gazelle gives birth in Kalba
Rare Damani gazelle gives birth in Kalba (Wam) / 28 May 2013 One of the first group of endangered Damani gazelles released in the Al Hafiya natural reserve in Kalba by His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, in May 2012 gave birth recently. The gazelles’ release marked the inauguration of the first phase of the Kalba Eco-tourism Project undertaken by the Sharjah Investment and Development Authority (Shurooq) in collaboration with the Environment and Protected Areas Authority (EPAA) in Sharjah. The Kalba Eco-Tourism Project, the largest of its kind in the development in the region, is set up in Khor Kalba, 15km south of Fujairah city on the UAE-Oman borders and features natural reserves and diverse tourist and commercial facilities. Speaking on the occasion, EPAA Director-General Hana Saif Al Suwaidi stated: “The birth of the endangered Damani gazelles on April 4 and 7, followed by the birth of three more gazelles, which are known to be breeding in spring and autumn, bring the number of gazelles in the Al Hafiya protected area from 29 to 34.” Al Suwaidi noted that these births are clear evidence of the success of the project’s aims proving that the gazelles have adapted to their natural habitat and signal that the natural reserve provides the type of healthy conditions needed to preserve the species’ natural life cycle. Speaking about future plans to release more gazelles, Al Suwaidi said a specialised team from EPPA is currently tasked with monitoring the animals in accordance with a detailed plan to release and re-introduce more endangered wild animals in the protected areas in Sharjah. “We are working on the re-development of the natural reserves in Kalba (Al Hafiya and Al Qurm natural reserves in Khor Kalba), as part of the first phase of the Kalba-eco-tourism project, in order to preserve the rare biodiversity of the area and rehabilitate its fauna and flora in order to bring it back to what it was before. “These areas were once home to rare animal species that became damaged as a result of overfishing and human wrongdoing. Our plans are being implemented through a carefully studied plan to help curb the environmental degradation and rehabilitate a number of endangered animal and bird species,” she added. Marwan bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq), commented: “The progress made in the rehabilitation of natural reserves within the Kalba eco-tourism project is an important step for the development of the project as a whole. Especially since the project’s main focus is on eco-tourism, making it dependent on the sustainable development of ecological life and conservation of animal and plant resources in the region.” Al Sarkal also lauded the role of the Environment and Protected Areas Authority in the development of this part of the project. Characterised by its small size, the endangered Damani gazelle is well adapted to the wild environment, feeding on herbs rich in dew to compensate for the scarcity of water, and travelling long distances in search of water. Once found, they drink enough in quantity. The Kalba eco-tourism project is one of the most important tourism projects in the UAE and the region and will offer visitors a unique experience in the form of an incomparable tourist destination featuring many attractions and diverse world-class facilities and amenities. Continue reading
Homes for Sale – 15764 Kenneth Place, Canyon Country, CA
Property Site: http://tour.troop.com/home/ZPECJ4 Debbie Briscoe, DRE License number 01736780 STANDARD SALE!!! This beautiful 3 bedroom, 2 1/2 bathrooms, 2 st… Continue reading
Buyer Liability Insurance Now Available for California’s Cap-and-Trade Offset Program
In a unique alliance, Parhelion offers insurance on compliance offset credits that originate from the Climate Action Reserve May 22, 2013 01:42 PM Eastern Daylight Time LOS ANGELES & LONDON–( BUSINESS WIRE )–The Climate Action Reserve, North America’s premier carbon offset registry, and Parhelion Underwriting Ltd., the leading innovator for carbon market insurance products, today announced a unique, strategic alliance to support the delivery of the first insurance product for compliance offset credits in California’s Cap-and-Trade Program. Under this alliance, Parhelion is offering insurance against invalidation for compliance offset credits that were transitioned from credits originally issued by the Reserve and the Climate Action Reserve will share its unrivalled experience and deep insight in to North American carbon offset projects, thereby, supporting the wider market development and helping its clients solve a critical risk issue. “We designed the cap-and-trade program to ensure the integrity of the emission reductions and had hoped and expected that the private insurance market would provide a solution to backstop our right to invalidate improper offsets” “Invalidation of offset credits has been a concern for the market, especially for compliance buyers. While the Reserve has a well-established reputation for its knowledge and experience in reviewing offset projects and ensuring that offsets have real environmental integrity, we are always looking for ways to further protect our account holders and market participants. So, we are very excited to enter this agreement with Parhelion and be a part of this pioneering initiative,” said Gary Gero, President of the Climate Action Reserve. The insurance product, Parhelion California ARB Offset Credit Invalidation Insurance, covers ARB Offset Credits (ARBOCs) that were transitioned from Reserve-issued Registry Offset Credits (ROCs) or Early Action Offset Credits (EAOCs). The insurance underwrites the risk of invalidation of ARBOCs, removing the financial risk associated with this from the holder of the offsets. This private insurance of the most trusted offset credits provides the assurance and security being sought by the market. “We saw a definite need in the market for insurance covering offsets in California’s cap-and-trade program. Not wanting to commit to a risky move ourselves, we conducted exhaustive research into the offsets program and found the Reserve has an outstanding history of thoroughly analyzing projects and issuing only high quality offset credits. We are delighted to be benefiting from the Climate Action Reserve’s extensive experience and knowledge. It will give us the opportunity to provide their clients with even greater confidence in the offset created,” said Julian Richardson, CEO of Parhelion Underwriting Ltd. The offsets program of California’s cap-and-trade market represents a key means for regulated companies to keep their costs of compliance manageable, which means extra costs are not passed on to consumers. It also provides a way to incentivize non-regulated industries to reduce their emissions. Parhelion’s offset credit insurance provides additional confidence for buyers and sellers to participate in this program. “We designed the cap-and-trade program to ensure the integrity of the emission reductions and had hoped and expected that the private insurance market would provide a solution to backstop our right to invalidate improper offsets,” said Mary Nichols, Chairman of the California Air Resources Board (ARB). “We are very happy to see that such a product is now available and congratulate Parhelion and the Climate Action Reserve for their fine work.” The Climate Action Reserve is the most experienced, trusted and efficient offset registry to serve the carbon markets. With deep roots in California and a reach across North America, the Reserve encourages actions to reduce greenhouse gas emissions and works to ensure environmental benefit, integrity and transparency in market-based solutions to address global climate change. It operates the largest accredited registry for the California compliance market and has played an integral role in the development and administration of the state’s cap-and-trade program. For the voluntary market, the Reserve establishes high quality standards for carbon offset projects, oversees independent third-party verification bodies and issues and tracks the transaction of carbon credits (Climate Reserve Tonnes) generated from such projects in a transparent, publicly-accessible system. The Reserve program promotes immediate environmental and health benefits to local communities and brings credibility and value to the carbon market. The Climate Action Reserve is a private 501©(3) nonprofit organization based in Los Angeles, California. For more information, please visit www.climateactionreserve.org . Parhelion Underwriting Limited is a specialist insurance business focused on developing and implementing innovative risk finance and insurance solutions for the global carbon markets and the wider climate finance sector. Parhelion provides advisory and transactional services to a wide range of sector stakeholders including project developers, compliance buyers, investors, traders, governments and multilateral organisations. Established in 2006 Parhelion has been leading the way for the insurance industry to contribute effectively to the growing climate finance sector and carbon markets. In 2011 Parhelion developed the innovative ‘EU Eligibility Risk Insurance’ to cover risks associated with Kyoto offsets being eligible for compliance obligations in the European Emissions Trading Scheme. Parhelion was awarded ‘Carbon Finance Transaction of the Year’ runner-up award by Environmental Finance magazine. Parhelion is a private sector company authorized and regulated by the UK Financial Conduct Authority. For more information please visit: www.parhelion.co.uk . Contacts Climate Action Reserve Jennifer Weiss + 1-213-891-6934 jennifer@climateactionreserve.org or Parhelion Underwriting Limited Julian Richardson, +442076458331 Info@Parhelion.co.uk Continue reading
