Government of Rio de Janeiro | March 09, 2022
Rio de Janeiro will gain a stock Exchange for the purchase and sale of carbon credits and sustainable assets related to energy, climate and forest. Governor Cláudio Castro signed, on Tuesday (August 03), in New York, a protocol of intentions with Nasdaq and Global Environmental Asset Platform (GEAP), in order to take the first steps towards the implementation of a trading platform. The agreement guarantees Rio the leadership in the green economy.
This partnership will provide information exchange among the Government of Rio de Janeiro, Nasdaq and GEAP for the implementation of public policies to certify, issue and trade carbon credits. In the following 90 days, a working group will be created to discuss the proposed measures and a pilot experiment. After this evaluation time, a Brazilian subsidiary of Nasdaq will be installed in Rio de Janeiro. The Environmental Assets Exchange is expected to be up and running in the second half of the year.
The Rio de Janeiro government team has been working on this protocol for eight months. Nasdaq will provide the technology and the state will offer the environmental assets. Rio is expected to reach a CO2 stock of 73 million tons, representing 25 billion BRL, and each ton can cost an average of US$ 5. The segment is seen as one of the economic recovery alternatives after the COVID-19 pandemic."
Cláudio Castro,The Governor ofRio de Janeiro
A pioneer in the sustainability theme, Nasdaq created Sustainable Stock Exchanges (SSE), a program in partnership with the United Nations (UN) that provides a global platform for exchanges to encourage sustainable investment with the collaboration of investors and companies. In 2018, the world's first regulated digital exchange for asset-based tokens (a digital security tool for validating and authenticating financial transactions) was launched, which is operated by Nasdaq Technologies.
"Nasdaq is very interested in being part of this kind of initiative. It will be a challenge to participate in this creative project. We have a lot to do, but we are eager to begin this work together with the State of Rio," said Carlos Patiño, Associate Vice President of Nasdaq Technologies.
The new market will result in job creation and it will attract national and international companies, besides making Rio de Janeiro a leader in the low carbon economy.
The state of Rio de Janeiro has 31% of its area covered by natural forests, corresponding to 1.3 million hectares. The government has invested in actions aimed at the sustainable economy, such as Tomorrow's Forests and Atlantic Forest Connection.
"Since July of last year, we have been working to identify the actions necessary for the state to achieve the title of 'carbon neutral'. The goal is to have the net emissions of greenhouse gases totally neutralized by the year 2045," said the Secretary of Environment and Sustainability, Thiago Pampolha.
Netwrix | October 21, 2020
Netwrix, a cybersecurity vendor that makes data security easy, today announced government market findings from its 2020 Cyber Threats Report. Netwrix conducted this online survey in June 2020 to understand how the pandemic and ensuing work-from-home initiatives changed the IT risk landscape. With the pandemic, the public sector has become extremely worried about cyberattacks. Nearly all respondents (98%) are now concerned about supply chain compromise, 95% named VPN exploitation as a top threat and 82% cited credential stuffing.
Oracle | October 14, 2020
Oracle Cloud Infrastructure (OCI) Government Cloud Services has obtained a Provisional Authority to Operate (P-ATO) from the FedRAMP Joint Authorization Board (JAB). The accreditation continues to demonstrate that OCI is a compliant, cost-effective, and highly-secure platform for our public sector customers' most critical workloads. The JAB is the primary governance and decision-making body for the Federal Risk and Authorization Management Program (FedRAMP), the government program that sets the standard for assessing, authorizing, and monitoring cloud systems' security. FedRAMP offers two types of authorizations: Agency ATO and JAB P-ATO. Having already achieved a FedRAMP High Agency ATO, Oracle's achievement of the FedRAMP High JAB P-ATO further assures agencies that the risk posture of the system has been reviewed and approved by leading technology officials. The accreditation can also reduce both time and cost for government customers to secure their own agency ATO.