EC opens for applications to new sustainable finance advisory body

first_imgThe European Commission has launched a call for applications to form the group that will be advising it on the further development of the sustainability taxonomy, its review, and on sustainable finance more broadly.The move came hot on the heels of the European Parliament yesterday adopting the taxonomy regulation, which provides for the creation of the body, known as the Platform on Sustainable Finance.It is the successor to the technical expert group (TEG) that has been advising the Commission in connection with its 2018 sustainable finance “action plan” measures. The TEG’s mandate is due to run out at the end of September, unless the new group is formally established before then.The Platform on Sustainable Finance, whose members will have a two-year mandate, will have four main tasks, “some of which are particularly urgent”, according to the Commission. The call for applications to the new group comes as the Commission seeks input for a “renewed” sustainable finance strategy and seeks to drive forward its plan for a green recovery from the coronavirus crisis.The tasks the Platform will be asked to prioritise during the two-year term to Q3 2022 are:to advise on the development of the technical screening criteria for the EU taxonomy;to advise on the review of the taxonomy regulation; andto advise on “the possible need to develop further measures to improve data availability and quality”.The focus of the first task will be on criteria for screening economic activities against the four specified environmental objectives that go beyond climate change.The TEG already came up with criteria for assessing whether economic activites make a substantial contribution to the objectives of climate change mitigation or adaptation, including an assessment of significant harm to other environmental objectives.The second task will include advising the Commission on the possible need to amend the taxonomy regulation, and on addressing other sustainability objectives besides those focussed on the natural environment.The topic of data availability and quality links to that of the review of the Non-Financial Reporting Directive, on which the Commission is currently consulting. The Platform will also be asked to monitor and report regularly to the Commission on EU and member state-level trends in capital flows towards sustainable investment.However, the Commission said this would primarily be carried out by public entities such as the European Environment Agency and the European Investment Bank, seven representatives of which it would appoint directly to the body.Valdis Dombrovskis, Commission executive vice president, said: “This Platform will play a crucial role in the development of the EU Taxonomy and our sustainable finance strategy over the coming years.“The adoption of the taxonomy regulation marks a milestone in our green agenda. It creates the world’s first ever classification system of environmentally sustainable economic activities, which will give a real boost to sustainable investments.”The Platform will be composed of experts from the private and public sector, with 57 members in total, 50 of which are to be selected through the open call for applications and the remaining seven directly appointed by the Commission’s department for financial stability and capital markets.The Commission will be accepting applications for the platform until 16 July, which is a day after the consultation on input to its new sustainable finance strategy ends.The Parliament’s vote on the taxonomy – also referred to as a “green list” – marks the final step of the adoption process of the political agreement that co-legislators reached in-mid December 2019.Looking for IPE’s latest magazine? Read the digital edition here.last_img read more

Xtera Completes Interoperability Testing with Infinera

first_imgXtera, subsea fibre optic solutions provider, has completed interoperability testing with Infinera, a provider of intelligent transport networks.By connecting Infinera’s SLTE solution to an Xtera line system, the laboratory trial demonstrated the truly open nature of Xtera’s ‘Open System Gateway’ (OSG) product family.Compatibility, spectrum sharing and the capability of Xtera’s supervisory system to operate with the Infinera terminal were all proven through a series of subsea simulations and laboratory tests, the company said.“Today’s customers are looking for systems which combine the most advanced technology available; the move towards provision of disaggregated subsea solutions demonstrates this,” explains Keith Henderson, Xtera’s founder and chief executive officer. “The success of these interoperability tests will give customers comfort that selecting Xtera technology for their wet plant can provide them with a proven end-to-end solution using industry leading SLTE platforms.”“Infinera is continually enhancing our solutions to deliver the best capacity-reach performance, and we lead the way in Open SLTE solutions,” adds Scott Jackson, vice president, Subsea Business Group, Infinera. “Adding compatibility with Xtera’s advanced line systems further illustrates our commitment to Open Systems and shows how Open SLTEs can eliminate risk while delivering the best system solutions for our customers.”The tests included the transmission performance of Infinera’s XTS-3300 through Xtera’s wideband hybrid Raman-EDFA repeaters using 16-QAM modulation format. The trials demonstrated the ability of Xtera’s Virtual Fiber Gateway (VFG) to allow multiple vendors’ equipment to independently share spectrum and proved the resilience of XTS-3300 to strong Line Monitoring Equipment (LME) signals.last_img read more

South Africa’s Olympic stars Chad & Cameron qualify for 2015 Swimming…

first_imgRelated South Africa eSports team finish 14th at the World Championships South African to take part in World Drone Championships African Hockey Championships: Hosts South Africa eye Rio Olympic Games qualification Olympic gold medalist Chad Le Clos admits he is concerned and disappointed with his form ahead of the World Championships set for Russia later this year. He lost out to countryman Myles Brown in the 200 meter freestyle in the South African championships earlier this week and he only just managed to obtain the qualifying time in his main event, the two hundred meter butterfly. He told our reporter Dan Williams that he is still confident of winning gold in Russia.last_img

Nichols hustles to IMCA record 558th career win

first_imgMike Nichols moved to the top of IMCA’s all-time wins list with his career 558th IMCA Sunoco Stock Car feature win on Sept. 3 at Abe’s U.S. 30 Speedway in Columbus, Neb. He is pictured in victory lane with wife Anita. (Photo courtesy of Abe’s U.S. 30 Speedway) COLUMBUS, Neb. – Mike Nichols couldn’t recall many of the details of his first IMCA Sunoco Stock Car feature win.He’ll remember everything about his latest. Nichols won for the 558th time in his IMCA Sunoco Stock Car career at Abe’s U.S. 30 Speedway in Columbus, Neb., becoming IMCA’s all-time wins leader with the Sept. 3 checkers. It was the latest accomplishment for the most decorated driver of the sanctioning body’s modern era.“Everything you do is special in its own way,” said Nichols, now running for his ninth national championship. “Everything is its own accomplishment. When I’m in a nursing home years from now, this is something I’ll be able to talk about.”From Harlan, Iowa, Nichols has averaged better than 29 wins a season since 2002, with an IMCA record-tying 54 in 2016. He also owns more than 40 career track championships, another IMCA-best total, with at least one track title to his credit every season except one in the past 19 years.”“To be consistent for such a long time is remarkable, especially in a Stock Car, which I consider to be IMCA’s most competitive division,” he said. “Racing is really a team sport. I think about all the people who have helped me and all the things that have gone right over the years. It’s crazy.” A brief foray into the IMCA Modified class was rewarded with regional rookie of the year honors in 2000. Nichols’ decision to get back in a Stock Car has led to an unequalled two decades of success. His first national championship came in 2002. Nichols won the Sunoco Race Fuels Race of Champions two years later and the IMCA Speedway Motors Super Nationals fueled by Casey’s in 2017. Nichols started the 2020 season with 529 wins. He equaled the career mark of Modified legend David Murray Jr., who had reigned as IMCA’s career wins leader since the 2005 season, by topping the Connie Jewett Memorial show at Dawson County Raceway.Murray, a driver Nichols has long respected, was in attendance that evening and was among those offering post-race congratulations.“We have worked very hard for this. After getting the win, it was a good time for reflection,” said Nichols, who set the new record two days before is 43rd birthday. “It was almost surreal. We looked back and asked ourselves how the heck did we do this? It’s something that will look amazing on any racing resume.”last_img read more

Heaton signs new Burnley deal

first_img Press Association “It was certainly the ambition when I signed here only 12 months ago and obviously it was a fantastic season,” he told Clarets Player. “It’s great to be a part of it. I feel that, personally, I have got more to come and I’m really excited to show that here. “We will set our stall out ambitious again and the aim is to stay in the Premier League and then kick on from there. “I think I’m the eternal optimist but you never know what you can achieve and I think I’ve been in the game long enough to know what is around the corner if you do things properly. “If you do that as individuals and a collective then you give yourself a great chance and that will certainly be the motto from me again. “People will write us off but we’ll just try and go about our business the way we did last year and hopefully that will stand us in good stead.” The 28-year-old kept 19 clean sheets during the Clarets’ promotion from the Sky Bet Championship and had only 12 months left on his existing deal, although there was an option for a further year extension. Heaton is now looking forward to playing in the top flight, having made a prediction Burnley would reach the Premier League when he arrived last summer from Bristol City. center_img Burnley goalkeeper Tom Heaton has signed a new three-year contract at Turf Moor. last_img read more

Springers Boys Compete in USA Gymnastics Region 6 Championships

first_img Latest posts by admin (see all) Latest Posts admin Bio House fire in Winter Harbor – October 27, 2014 Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 BRAINTREE, Mass. — Sunday, three members of the boys’ team from Springers’ competed in USA Gymnastics Region 6 Championships in Braintree, Mass.Austin Snow and Nate Mason faced 77 other competitors for ages 8-9, and Ethan McVay battled more than 60 competitors for age 10.For more sports news, pick up a copy of The Ellsworth American. This is placeholder textThis is placeholder text State budget vs. job creation – January 22, 2015last_img

New Campbellville, East Ruimveldt Girls advance to final

first_imgNEW Campbellville Secondary will face East Ruimveldt in the final of the female segment of the 2019 ExxonMobil Schools Football tournament. During yesterday’s semi-finals, the two finalists took vastly different paths.On pitch one it was a battle of skills when the eventual winners Campbellville stitched in the first goal, compliments of Breanna Solomon in the 17th minute.Solomon returned in the 25th minute to make it two goals, leaving fans to believe that the game was over at that point.However, Shania East in the 39th minute brought the game back to life with a stunning goal as the Charlestown side seemed to be making a resurgence.Shoiana Adams in the 45th quickly restored the two-goal advantage with New Campbellville’s third in the 45th minute before East narrowed the margin to one goal with a last-ditch 50th minute strike.Charlestown could not register that equalising goal before the whistle went.In the other game, it was easy sailing for East Ruimveldt who breezed by Tucville, 2-0.Keasha Jones in the 15th and Shaqwana Wright, (46th) were the scorers in the match as the two teams prepare to meet next Saturday.Meanwhile up to press time, there were no results for the male quarterfinals.last_img read more

Proteas mount rear-guard to save Test after Sibley, Stokes show

first_imgBy Nick SaidCAPE TOWN (Reuters) – Dom Sibley scored a maiden century to put England on top but South Africa have launched a rear-guard to keep the tourists’ victory charge at bay after going to the close of the fourth day of the second test on 126 for two on Monday.South Africa have been set 438 for victory at Newlands and will have to score a further 312 runs in 90 overs on the final day to achieve the highest run chase in test cricket history.It is much more likely, however, they will have to bat out the final three sessions to save the Test. The current highest successful run chase in Tests was 418 by West Indies against Australia in 2003.Debutant opener Pieter Malan is unbeaten on 63 and is at the crease with nightwatchman Keshav Maharaj (2 not out) on a wicket that has flattened considerably for the seamers, but is offering turn to the slow bowlers. Dean Elgar (34) and Zubayr Hamza (18) are the two players out, the latter in the penultimate over of the day when he edged James Anderson to wicketkeeper Jos Buttler.“We are going to have to work hard tomorrow,” Sibley told reporters. “Hopefully that crack outside the off-stump (at the Kelvin Grove end) opens up again. “Today and yesterday is the best the pitch has played, but hopefully it goes back to how it was on the first two days.“It’s always nice to contribute to a win, hopefully we can take the eight wickets we need tomorrow.” England set the stiff target after declaring their second innings on 391 for eight just after lunch, with opener Sibley unbeaten on a patient 133 to go with an explosive 72 from Ben Stokes.Sibley’s hundred was met by an almighty roar from the sizeable travelling English support, even if it took him 269 balls to get there. Stokes was providing plenty of entertainment at the other end as he took on the task of providing the quick runs England wanted to build a big enough lead and still have enough time to bowl South Africa out a second time.He smashed seven fours and three sixes in a 47-ball innings of 72, before being caught at mid-on by Rassie van der Dussen off spinner Keshav Maharaj.His blitz propelled England to 157 runs in 27 overs in the morning session and crucially sped up the game in their pursuit of victory. South Africa won the first Test of the four-match series by 107 runs in Pretoria.ENGLAND 1st innings 269South Africa 1st innings 223England 2nd innings o/n 218 for 4Zak Crawley c Quinton de Kock b Kagiso Rabada 25Dominic Sibley Not Out 133Joe Denly c Dwaine Pretorius b Anrich Nortje 31Joe Root c Faf du Plessis b Dwaine Pretorius 61Dom Bess c Quinton de Kock b Anrich Nortje 0Ben Stokes c Rassie van der Dussen b Keshav Maharaj 72Ollie Pope b Kagiso Rabada 3Jos Buttler c Quinton de Kock b Anrich Nortje 23Sam Curran c Zubayr Hamza b Keshav Maharaj 13Stuart Broad Not Out 8Extras 18b 3lb 0nb 0pen 1w 22Total (111.0 overs) 391-8Fall of Wickets : 1-28 Crawley, 2-101 Denly, 3-217 Root, 4-218 Bess, 5-310 Stokes, 6-315 Pope, 7-356 Buttler, 8-375 CurranDid Not Bat : AndersonBowling: Kagiso Rabada 20 – 3 – 69 – 2, Vernon Philander 14 – 7 – 24 – 0,Anrich Nortje 18 – 2 – 61 – 3 (1w), Dwaine Pretorius 16 – 4 – 56 – 1,Keshav Maharaj 43 – 9 – 160- 2.SOUTH AFRICA 2nd inningsPieter Malan Not Out 63Dean Elgar c Jos Buttler b Joe Denly 34Zubayr Hamza c Jos Buttler b James Anderson 18Keshav Maharaj Not Out 2Extras 4b 1lb 3nb 0pen 1w 9Total (56.0 overs) 126-2Fall of Wickets : 1-71 Elgar, 2-123 HamzaTo Bat : du Plessis, van der Dussen, de Kock, Pretorius, Philander, Rabada, NortjeBowling: James Anderson 9 – 4 – 18 – 1, Stuart Broad 9 – 2 – 20 – 0, Dom Bess 12 – 3 – 29 – 0,Sam Curran 8 – 2 – 13 – 0 (1w 1nb), Joe Denly 8 – 0 – 26 – 1, Joe Root 3 – 0 – 7 – 0, Ben Stokes 7 – 3 – 8 – 0 (2nb)last_img read more

MBB : 3 things Syracuse must to do win the Big East tournament

first_img Published on March 5, 2012 at 12:00 pm Comments Facebook Twitter Google+center_img 1. Improve on the boardsAfter Syracuse’s regular-season finale Saturday, Scoop Jardine pointed to one key area the Orange needs to work on for the postseason: rebounding. It has been the team’s one glaring weakness throughout the year and has contributed to the many close games SU has played.When the Orange has struggled on the glass, opponents have managed to hang around and push Syracuse to the final minutes. Upset bids from Marshall, West Virginia, Pittsburgh, Georgetown and South Florida among others all fell just short despite their dominant performances on the boards.And then there’s that one blemish on Syracuse’s record in which Notre Dame outrebounded the Orange 38-25 to hand SU its sole loss of the year.For a team with size, length and athleticism at every position, it has been difficult to pinpoint any specific reason for the rebounding woes. Explanations have ranged from the Orange guards not being active enough on the glass to it being a natural part of playing zone defense to a simple lack of hustle when shots go up.AdvertisementThis is placeholder textBut whatever the reason, the conference’s third worst rebounding margin of -3.8 boards per game in Big East play won’t cut it in the postseason. Opponents will be well aware of those deficiencies and will crash the boards looking to expose one of SU’s few weaknesses.Jardine said it will take more effort on the glass for the Orange to survive the Big East tournament unscathed. If it can stay around even or win the rebounding battle in those contests, Syracuse should have the conference tournament title to add to its regular-season championship.2. Keep Fab Melo on the courtGerry McNamara simply shook his head, a smile stretched across his face. The Syracuse assistant coach couldn’t immediately find the words to describe the lift Fab Melo gives the SU zone defense. He finally settled on a single word, one that indicates the incredible value the 7-foot center brings on the defensive end of the floor. ‘Unbelievable.’Melo, a sophomore from Brazil, is one of the principal reasons why Syracuse is ranked second in the country and owns a menacing 30-1 overall record.Oh, and that one loss? Melo didn’t play in the nine-point defeat on the road at Notre Dame.The Big East Defensive Player of the Year has chipped in 7.7 points and 5.8 rebounds per game in addition to his 87 total blocks on the season. What’s more, he’s shown a proclivity to draw charges at key moments for the Orange, making his presence in the lane very dangerous.What does all this mean? It means that Syracuse must keep Fab Melo out of foul trouble if it wants to win the Big East tournament.In the three games Melo missed with an unresolved academic issue, Syracuse wasn’t the same team. Yes, Rakeem Christmas played a great game against Cincinnati in Melo’s place, but that is certainly not the norm.The norm is Christmas playing less than two minutes to start the game — or less than one minute as he did Saturday against Louisville. The norm is Baye Keita fumbling point-blank passes and hurling horrific layups at the backboard — see Connecticut game.It’s clear that Syracuse needs Melo. And the longer he stays on the court, the more likely the Orange is to walk away with the title. 3. Brandon Triche has to build off of LouisvilleSaturday certainly couldn’t have hurt Brandon Triche. While he said his confidence has remained the same down the stretch, the junior guard’s sparkling, 18-point performance in Syracuse’s win over Louisville was needed.Think back to early in the season and remember how Triche was key to the Orange’s success. In the NIT Season Tip-Off, Triche was on the floor down the stretch. He and Dion Waiters were the guards on the floor as Syracuse closed out Virginia Tech. Scoop Jardine played only five minutes in the second half.The two games in the NIT Season Tip-Off were part of a four-game stretch in which Triche averaged 15.3 points per game. But he has scored in double digits in only nine of Syracuse’s other 27 games.A slump in the six games leading up to last Saturday meant Triche ended the regular season averaging 9.4 points per game, nearly two points less than what he averaged his sophomore year.But his hot-shooting performance against Louisville — 3-of-6 from 3-point range — is an encouraging sign. If Triche can find a rhythm shooting the ball, and Jardine and Waiters continue to play at a high level, Syracuse’s three-headed guard attack will be hard to defend.Orange head coach Jim Boeheim has stayed confident in Triche’s abilities all year. Jardine said Triche was never really in a slump but just struggled to find his rhythm in some games.Once his rhythm is found, though, it can lead Syracuse to a win, as it did against the Cardinals.last_img read more

Bayern Munich beat PSG to win 6th Champions League title

first_imgBayern Munich overcame Paris St-Germain in a tightly contested Champions League final in Lisbon to claim the crown for the sixth time.Kingsley Coman, who started his career at PSG, settled a tense affair with a 59th-minute header at the far post from Joshua Kimmich’s cross to leave the French giants still searching for that elusive Champions League triumph.It was a night of joy for Bayern coach Hansi Flick, who added the Champions League to the Bundesliga after initially taking over as interim coach from sacked Niko Kovac in November.In contrast, it was a night of bitter disappointment for PSG’s two attacking superstars Neymar and Kylian Mbappe, who failed to produce their best and found themselves frustrated by Bayern keeper and man of the match Manuel Neuer when they had the best of the first-half chances.Mbappe’s pain increased in the second half when he looked to be tripped by Kimmich in the area, but PSG’s penalty claims were ignored – leaving Bayern to celebrate being crowned champions of Europe once more, becoming the first team to win the trophy by winning every game Champions League game in a single campaign. Tags: Bayern MunichPSGUEFA Champions League Source: BBC Sportlast_img read more