January 10, 2023

Newly Launched Travel Website comperk.com Makes Getting Complimentary Luxury Hotel Perks Easy and Convenient

Comperk Logo

LOS ANGELES, Jan. 10, 2023 (GLOBE NEWSWIRE) — Social media feeds are filled with influencers showing off their luxury travel lifestyles. From incredible hotel rooms that overlook the Amalfi coast, and gourmet meals in Hong Kong, to relaxing spa experiences at 5-star hotel properties, getting inspired by incredible experiences in exotic locals is easier than ever. For those looking to follow in the footsteps of the social media elites, finding perks and deals at luxury properties can be a challenge. Now, Comperk.com, a luxury travel booking site, is changing that. With Comperk.com, travelers receive exclusive complimentary perks and upgrades when they book their hotel stays, all for the same price as booking a hotel only.

Booking a luxury hotel on Comperk.com is fast and easy. There are no memberships or annual fees and guests receive 24/7 support backed by a full service luxury travel agency. Comperk.com has the largest bookable database online with over 3000 luxury hotels worldwide – all with exclusive perks. After each stay is booked, a customized e-mail introduction is sent to hotel management laying out each guest’s special requests and ensuring the same white glove service and consideration that VIPs receive when they travel.

“We built comperk.com with one goal in mind, to make sure that all travelers could easily experience the joy of a luxury hotel stay with all the perks,” explains comperk.com CEO, David Melkonian. “For so many, travel has become incredibly stressful. After airport delays, and airline chaos, there is nothing more soothing than arriving at a beautiful hotel, being welcomed like a VIP, and opening the door to an upgraded, large and comfortable room, and indulging in complimentary dining, all for the same price as a booking a regularly priced room would have cost when booked directly through a hotel.”

Every hotel room booked on comperk.com comes with complimentary perks at no additional cost of guests. Perks vary, but most of the more than 3000 hotels on comperk.com offer guests complimentary daily breakfast for two, a $100 USD hotel credit, room upgrade (subject to availability), and early check-in/late check-out privileges.

The full service luxury travel experts can also help facilitate luxury air and ground transportation and can book unique and memorable experiences and tours anywhere in the world. Comperk.com is like having a personal concierge at your fingertips.

For more information, the newest luxury hotel perks, and travel inspiration visit comperk.com on mobile or desktop. For personalized VIP service, call +1 424 272 5121 or email travel@comperk.com.

Get the latest news and connect with Compark.com on social media by following @comperkhotels on Instagram.

For more information, or to arrange an interview, please contact:

David Melkonian
+1 424 272 5121
travel@comperk.com

Contact Information:
David Melkonian
Founder
travel@comperk.com
4242725121

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January 10, 2023

Matterport Appoints Cloud Industry Executive Natalie Lamb as Managing Director for EMEA

The former IBM veteran brings over 20 years of software experience to scale Matterport’s enterprise business across the region

Natalie Lamb, Matterport Managing Director of EMEA

SUNNYVALE, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR) today announced the appointment of Natalie Lamb as Managing Director of EMEA, effective immediately. In this role, Lamb will be responsible for overseeing Matterport’s strategic growth in enterprise and SMB segments and expanding Matterport’s strategic partnerships in EMEA.

“I’m eager to bring Natalie onto the team at such an important time for Matterport’s business in EMEA,” said Jay Remley, Chief Revenue Officer, Matterport. “Natalie brings decades of software leadership experience and deeply understands how to build trusted relationships with customers and partners. We already have great momentum in EMEA and Natalie will accelerate our growth in this fast growing enterprise market for digital twins.”

Lamb has over 20 years of international experience in the software industry, including a decade working in the B2B cloud application space. After starting her career in a startup, she spent over 12 years at IBM, focused on their Industry Solutions including IoT, Commerce, Supply Chain and Marketing. She has experience working across multiple industries and verticals, including telecommunications, utilities, travel & hospitality, retail and government. After IBM, she led the EMEA and APAC businesses for a privately-backed IBM startup, before most recently serving as chief commercial officer for a B2B SaaS Accounting vendor.

“I’m thrilled to be joining Matterport as it becomes increasingly crucial for companies to take advantage of the cost and productivity benefits of digitization,” said Lamb. “I am ready to use my extensive experience working in EMEA to expand Matterport’s presence in the region as more companies embrace 3D digital twins to transform their businesses and properties.”

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at Matterport.com and visit our Discover page to browse a collection of digital twins captured by our customers.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d04be3bb-18c4-4be5-9ce9-a23cba6355b4

Media Contact:
Steve Lombardi
VP, Communications and Business Affairs
press@matterport.com

Investor Contact:
Mike Knapp
VP, Investor Relations
ir@matterport.com

GlobeNewswire Distribution ID 8726831

January 10, 2023

Hivelocity Acquires Heficed

Global Presence Expansion Across 6 Continents and New Product Offering for Clients

Hivelocity acquires Heficed

LONDON, Jan. 10, 2023 (GLOBE NEWSWIRE) — IPXO UK Limited, the world’s biggest fully automated IP lease & monetization platform, announces that its subsidiary Heficed, an established network infrastructure solutions and cloud provider based in the UK, has been acquired by Hivelocity, Inc., one of the world’s leading infrastructure providers.

During the acquisition, Heficed, its customers, select employees and nine data centers will become an integral part of the Hivelocity brand.

According to Vincentas Grinius, Heficed’s co-founder, the sale of the company was carefully planned and strategized: “We were very selective about who would acquire the Heficed platform, and we are confident that Hivelocity was the right fit.”

For Hivelocity, Heficed’s acquisition offers a great opportunity to expand its presence with data centers in more locations – including Brazil, South Africa and Nigeria – and to strengthen its existing positions in the US, UK, Italian and German markets. Hivelocity also intends to fully integrate Heficed’s Virtual Server product and will offer virtual servers alongside its bare metal offerings.

Bare metal cloud giant secures its global presence

Mike Architetto, CEO and co-founder of Hivelocity, stated that the acquisition provides exciting opportunities for the company’s clients, both current and prospective: “Our infrastructure services will now reach even broader markets combining Heficed’s data center locations with our own worldwide network of data centers and premium bare metal hosting.”

The acquisition will significantly benefit the existing Heficed customers, who will be able to enjoy access to more features and a wider network of data centers spanning across six continents.

The acquisition broadens the horizon of possibilities for both Hivelocity and Heficed

Heficed actively planned and prepared for the acquisition throughout 2022, but the decision to sell the company solidified in 2021 with the launch of IPXO.

“IPXO emerged from Heficed’s IP Address Market solution and is now expanding into a comprehensive Internet Protocol platform once we witnessed huge gaps in IPv4 shortage and poor IP management,” stated Grinius, CEO at IPXO. “We have gone a long way in developing a completely new industry, in which IPXO plays a major role, as well as managing the Heficed acquisition deal and finally finding an excellent acquisition company.”

The IPXO’s mission is to create a more sustainable internet by developing a platform that delivers solutions around the Internet Protocol to address security, shortage and accountability concerns. In 2022, IPXO transferred 1.7 million IPv4 addresses from Heficed’s IP Address Market to the newly established IPXO Marketplace, making it the world’s largest automated IP lease and monetization platform with over three million IPs in total.

As a carrier-neutral services provider, IPXO aims to build an ecosystem that other infrastructure providers and telcos can benefit from. Ultimately, with focus shifting on evolving into an all-in-one Internet Protocol platform, selling Heficed was a natural strategic decision.

“This is an exciting announcement for us, and we believe the acquisition will yield extensive benefits for our suppliers and customers while ensuring continuous growth and even stronger relationships with business partners,” noted Grinius.

Once the acquisition is complete, Heficed will continue operating as usual, and Hivelocity will continue supporting customers with new features and professional assistance.

Contact Information:
Agne Srebaliute
PR Manager
press@ipxo.com
(370)65630839

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Heficed, an established network infrastructure solutions and cloud provider based in the UK, has been acquired by Hivelocity, Inc., one of the world’s leading infrastructure providers

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Hivelocity acquires Heficed

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January 10, 2023

Colliers appoints Luke Dawson to lead Global Capital Markets

TORONTO, Jan. 10, 2023 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) announced today the appointment of Luke Dawson as Head of Global Capital Markets. Dawson will set the global strategic agenda for Colliers Capital Markets, which includes advising clients, providing value-added services to accelerate clients’ investment strategies, and connecting capital with opportunities across all asset classes around the world. In addition to his new mandate, he will retain his existing role as Capital Markets leader for EMEA.

The appointment of Dawson marks an important step in accelerating success for clients around the world. For nearly two decades, Dawson has been an enterprising, collaborative, and results-driven leader taking a client-led approach with deep expertise across asset classes and boarders. In 2004, Dawson joined Colliers as Director of Corporate Development with a focus on M&A activity. Dawson then held several leadership roles within the Colliers Capital Markets business including business development, client engagement, investment sales and overall leadership across Central and Eastern European region. Most recently, as Managing Director of Cross Border Capital Markets, he was responsible for executing the regional strategy and driving growth of the Capital Markets service line.

“Building on our success as a leading Capital Markets advisor, our Capital Markets team is constantly growing and attracting top talent all over the world,” said Chris McLernon, Chief Executive Officer, Global Real Estate Services at Colliers. “We are excited for Luke to drive our Global Capital Markets strategy forward, delivering a best-in-class experience for our clients.”

“I am thrilled to be leading our Global Capital Markets platform and support both our clients and people around the world in connecting capital with opportunities that will accelerate success for investors and our business,” said Luke Dawson, Head of Global Capital Markets at Colliers. “With our continued growth, we are well positioned in all major markets, and I look forward to ensuring we remain at the forefront in providing expert knowledge and advice on investments.”

With 1,500 Capital Markets professionals around the world, Colliers has continued to invest to drive results in its Global Capital Markets platform by recruiting world-class talent and strengthening Capital Markets capabilities, including its recent acquisition of Pangea.

Colliers Contact
Andrea Cheung
Global Manager, Communications
Andrea.cheung@colliers.com
416-324-6402

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

GlobeNewswire Distribution ID 8726892

January 10, 2023

Teledyne e2v releases Hydra3D+, the first high resolution ToF sensor to work in all light conditions without motion artefacts

Teledyne e2v’s Hydra3D+

Hydra3D+ is the first ToF CMOS sensor to work in all light conditions without motion artefacts

GRENOBLE, France, Jan. 10, 2023 (GLOBE NEWSWIRE) — Teledyne e2v, a part of Teledyne Technologies [NYSE: TDY] announces the release of its Hydra3D+, a new Time-of-Flight (ToF) CMOS image sensor which incorporates 832 x 600 pixel resolution and is tailored for versatile 3D detection and measurement.

Designed with Teledyne e2v’s proprietary CMOS technology, Hydra3D+ features a brand-new 10 µm three-tap pixel which provides very fast transfer times (starting from 10ns), and displays high sensitivity in the NIR wavelength, alongside excellent demodulation contrast. This precise combination enables the sensor to operate in real-time without motion artefacts (even if there are fast moving objects in the scene) and with excellent temporal noise at short ranges, essential in applications such as pick and place, logistics, factory automation and factory safety. An innovative on-chip multi-system management feature enables the sensor to work alongside multiple active systems without interference which can lead to false measurements.

The excellent sensitivity of Hydra3D+ enables it to effectively manage lighting power and handle a wide range of reflectivity. Its high resolution, with powerful on-chip HDR, featuring an on-the-fly flexible configuration, enables the best trade-off between application-level parameters, such as distance range, object reflectivity, frame rate etc. This makes it ideal for mid, long-range distances and/or outdoor applications such as automated guided vehicles, surveillance, ITS and building construction.

The sensor has been thoughtfully designed for customers seeking real-time and flexible 3D detection with uncompromised 3D performance. It offers large field-of-view scenes captured in both 2D and 3D by a compact sensor which makes the system very cost effective.

Ha Lan Do Thu, Marketing Manager for 3D imaging at Teledyne e2v said, “Today, many Time-of-Flight sensors suffer from motion artefacts and can’t instantly perform in changing operating conditions. With Hydra3D+, our customers can easily achieve reliable 3D measurement with the highest levels of 3D performance, uncompromised image quality in both 2D and 3D modes, and in all distance ranges and conditions even where multiple systems operate or in outdoor environments.”

Documentation, samples, and development tools are now available upon request. In addition, there are several proprietary modelling tools to support customers in their assessment of the operation of Hydra3D+.

About Teledyne e2v
Teledyne e2v innovations lead developments in healthcare, life sciences, space, transportation, defense and security and industrial markets. Teledyne e2v’s unique approach involves listening to the market and application challenges of their customers and partnering with them to provide innovative standard, semi-custom or fully custom imaging solutions, bringing increased value to their systems.
For more information, visit imaging.teledyne-e2v.com

Teledyne e2v media enquiries contact:
Jessica.Broom@teledyne.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/47c52b26-5f04-4e0b-be19-6cd4a48961db

GlobeNewswire Distribution ID 8725310

January 10, 2023

Nyxoah Appoints Mr. Daniel Wildman to its Board of Directors

Nyxoah Appoints Mr. Daniel Wildman to its Board of Directors

Mont-Saint-Guibert, Belgium – January 9, 2023, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that it has appointed Mr. Daniel Wildman as an Independent Director to its Board of Directors^*.

Mr. Wildman is a 40-year veteran of the medical device industry. He is currently the Chairman of the Board of Progenerative Medical, Inc. and a Strategic Advisor to several medical device and pharmaceutical companies. He also serves as member of the Board of Directors of UroGen Pharma, Ltd.

Mr. Wildman spent most of his career with Johnson & Johnson (“J&J”), where he led the Digital Surgery Strategy Initiative, J&J’s DuPuy Synthes Spine franchise and J&J’s Ethicon Biosurgery division. Before J&J, Mr. Wildman spent ten years with Boston Scientific Corporation in a variety of sales, marketing, operations, and strategic planning roles.

Robert Taub, Chairman of the Board of Directors of Nyxoah, commented: “We are delighted to welcome Mr. Wildman to Nyxoah’s Board. His wealth of experience and knowledge in the medical device and pharmaceutical industries will be invaluable as Nyxoah expands its R&D, clinical and commercial strategies.”

Mr. Wildman added: “I am very impressed by the patient-centric design of Nyxoah’s Genio® hypoglossal nerve stimulation system and the benefits it can offer those suffering with obstructive sleep apnea. As a member of the Board, I look forward to working with Nyxoah’s leadership team to obtain approval and launch Genio® in the United States.”

* Wildman Ventures LLC, represented by Mr. Daniel Wildman, has been appointed as Director. The appointment is effective immediately, subject to confirmation by the Company’s shareholders at the next shareholders’ meeting.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward-looking statements
Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the Genio® system; future financial performance and market position; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; and the Company’s results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2021, filed with the Securities and Exchange Commission (“SEC”) on March 24, 2022, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:
David DeMartino
Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

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ENGLISH_Board Additions PR – Jan 2023 – FINAL

GlobeNewswire Distribution ID 1000776476

January 10, 2023

Schneider Electric and BitSight announce partnership to improve detection of Operational Technology (OT) cybersecurity exposure

Aims to enhance OT exposure detection capability by identifying misconfigured connected devices
Seeks to improve overall security of customers and partners in the OT environment

Schneider Electric, the global leader in the digital transformation of energy management and automation, and BitSight, the leader in detecting and managing cyber risk, today announced a strategic partnership to develop a first-of-its-kind global Operational Technology (OT) Risk Identification and Threat Intelligence capability.

In recent years, both opportunistic and advanced cyber threat actors have shown increased willingness to target industrial and operational sites. Schneider Electric and BitSight each see their partnership as an important step in furthering their commitment to improve the security and resilience of their communities – by detecting OT protocols exposed over the internet and contextualizing them with improved attribution.

Through a joint effort, Schneider Electric will fuse its deep knowledge of OT protocols and systems with BitSight’s market-leading exposure detection and management capabilities in order to generate the critical insights necessary for proactive security monitoring of externally observable risks to the OT community. The goal of this collaboration is to strengthen industrial security and provide more visibility into Industrial infrastructure and Industrial Control System (ICS) devices that may be at risk from a cyber breach.

“We are delighted to be partnering with Schneider Electric on this critically important initiative to better manage the cyber risk of Internet-connected OT systems. Both BitSight and Schneider Electric share the mission of creating trust in the digital economy by improving cybersecurity protection across all interconnected business types and industries,” said Stephen Boyer, Co-Founder and Chief Technology Officer at BitSight. “Operational Technology systems are often exposed and vulnerable to attackers who can exploit them through connected devices and converging networks. By partnering with Schneider Electric, we are proactively addressing this downstream risk by expanding our capabilities to better detect customers’ industrial infrastructure and control systems at risk and to help them improve business resilience.”

“With the enriched data and insight collected by BitSight, Schneider Electric is developing an OT threat intelligence capability to notify and work with customers who have exposed assets or insecure Internet facing deployments,” stated Christophe Blassiau, SVP, Cybersecurity & Global CISO at Schneider Electric.

The capabilities derived through this partnership will provide the data necessary to identify important areas of risk concentration and drive further remediation initiatives, benefitting both customers and the community at large.

The new capability focused on risk identification and reduction across the entirety of the OT domain is not an exclusive arrangement between BitSight and Schneider Electric. Participation is open to all OT vendors willing to share information about their products to improve risk detection and attribution capabilities.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights

Hashtags: #cybersecurity #OT #SchneiderElectric

About BitSight

BitSight creates trust in the digital economy and transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk. With the largest ecosystem of users and information, BitSight is the Standard in Security Ratings.
For more information, please visit www.bitsight.com, read our blog or follow @BitSight on Twitter.

GlobeNewswire Distribution ID 1000776450

January 10, 2023

UNDP pledges to support Vietnam in green energy transition

The United Nations Development Programme (UNDP) stands ready to support the Vietnamese government in the detailed formulation and implementation of the Just Energy Transition Partnership (JETP) resource mobilisation plan right in 2023, UNDP Resident Representative in Vietnam Ramla Al Khalidi has affirmed.

“This includes our proven technical assistance services to the Governments in green transition/NAMA projects, which can help Vietnam identify cost effective de-risking public instruments to promote and scale up private sector investments in the JETP resource mobilisation plan,” Khalidi said in an interview granted to the Vietnam News Agency (VNA) on the occasion of the Lunar New Year (Tet) holiday.

According to the UNDP Resident Representative, the UNDP is initiating assessments on the impact of phasing-out coal power and energy transition in Vietnam and defining what these processes would specifically mean for the country.

As Vietnam will embark on a greener and more resilient path in the next three-five years, including the JETP, the country needs to accelerate preparations for a package of public instruments to de-risk investments in renewable energies and design a just and feasible process to phase out coals in both state-owned enterprises and foreign-invested coal power plants, she suggested. She said the Country Programme Document sets out the areas of cooperation between the UNDP and the Vietnamese Government until 2026.

Accordingly, UNDP Vietnam is supporting the Government in the areas of poverty reduction, human development, increasing citizens’ participation and human rights, increasing transparency and accountability, effectively scaling up climate change mitigation and adaptation, disaster risk management, promoting circular economy and the sustainable deployment of clean and renewable energy with a just process, and the sustainable management of natural resources.

Institutionally, the UNDP has contributed to various aspects to strengthen Vietnam’s readiness for climate change governance, institutional capacities, and regulatory frameworks to the UN Framework Convention on Climate Change (UNFCCC) processes.

“This includes our recent contribution to support the key enhancement of Vietnam’s Nationally Determined Contributions (NDC) and the recent National Climate Change Strategy (NCCS) until 2050 to realise the net-zero ambition,” she said.

In the coming years, she noted, the UNDP will focus on support for enhancing transparency framework for NDC implementation in line with Article 15 of the Paris Agreement, and comprehensive policy reform in alignment with net zero 2050 and global goals for adaptation with a just process, including preparedness for climate change legislation and empowerment of youth and women in all climate decision making process.

Financially, the UNDP is initiating work to support Vietnam to introduce needed financial instruments such as carbon tax and carbon market readiness for emission trading system, while designing relevant incentives, including innovative green finance and insurance schemes to leverage domestic and international investments in climate actions.

Currently, the UNDP is working directly with local communities and provinces to strategically channel finance into payments for ecosystem services, nature-based tourism, and private contributions in nature-positive solutions.

In terms of technical assistance, Khalidi said the UNDP is introducing more innovative and integrated solutions to accelerate the implementation of prioritised measures in Vietnam NDC and NCCS.

These include partnering with municipal and provincial authorities to promote the green transportation transition or green agriculture supply chain toward low carbon and resilient systems.

The UNDP deploys extensive work to promote circular economy, such as supporting policy formulation, training businesses and the private sector, developing community-based models to tackle waste management, and sourcing innovative solutions for marine plastic pollution, she said.

Khalidi noted that achieving a just energy transition will require an unprecedented investment effort, which will oblige everyone – government, business, community and household – to realign priorities and indeed to make some personal sacrifices./.

Source: Vietnam News Agency