GOVERNMENT FINANCE
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.
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GOVERNMENT BUSINESS
DataRobot | February 14, 2022
AI Cloud leader DataRobot today announced its selection as an AI partner under a five-year $249 million-ceiling Blanket Purchase Agreement (BPA) awarded by the U.S. Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC). Through this contract, DataRobot is tasked with transforming AI throughout the DoD ecosystem by providing its AI Cloud platform and services to accelerate the government’s use of emerging AI technologies including Machine Learning (ML), Deep Learning (DL), and Neural Networks (NN).
DataRobot will support JAIC’s commitment to strategic and world-class AI solutions by:
● Providing a unified AI platform to enable all users across the DoD to quickly and successfully build and deploy mission-enabling AI projects
● Detecting, measuring, and standardizing bias prevention as a routine step in the machine learning process, driving more reliable operations and strategic solutions
● Operationalizing solutions for Testing and Evaluation (T&E) of AI-enabled systems, automated products, and autonomous systems
● Integrating AI T&E tools and services in alignment with JAIC’s architectures, technical standards, and security standards
DataRobot’s end-to-end AI Cloud platform brings together disparate data and users, spanning expert data scientists to IT operators to analysts, through enhanced collaboration and continuous optimization across the entire AI lifecycle. Built as a multi-cloud platform, DataRobot AI Cloud can be deployed in a combination of public clouds, data centers, or at the edge, with governance to protect and secure even the most highly-regulated organizations.
“AI has the power to shape the next generation of U.S. Defense operations, ensuring the safety of our citizens, personnel and allies,” said Jim Watson, VP, Sales, Federal & Public Sector, DataRobot. “We’re proud to support the JAIC’s mission to maximize the full potential of AI, and we share the DoD’s commitment to solving complex and mission-critical problems with better, faster, data-driven solutions that are accessible for all.”
About DataRobot
DataRobot AI Cloud is the next generation of AI. DataRobot’s AI Cloud vision is to bring together all data types, all users, and all environments to deliver critical business insights for every organization. DataRobot is trusted by global customers across industries and verticals, including a third of the Fortune 50.
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SOSi | October 16, 2020
SOS International LLC (SOSi) announced today that it is partnering with robotic process automation (RPA) leader, UiPath, to automate high-volume, repetitive business processes to support critical U.S. Government missions. SOSi intends to leverage process automation technologies to help its customers achieve their digital transformation objectives. The end-to-end hyper-automation platform offered by UiPath is helping the government become faster and more agile. It accelerates the technology development lifecycle by leveraging process discovery tools and employee crowdsourcing to rapidly scale automation across a large system enterprise. AI capabilities such as natural language understanding and natural language processing provide sophisticated analytics to measure automation's business impact. This 'automation first' approach allows RPA developers, testers, and business end-users to collaborate and puts automation at the center of everyday work.
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