Gold Drops Over 1% as Dollar, Treasury Yields Surge on Fed Rate Hike Bets 
Trump, Xi Focus on Trade and AI at White House Summit 
LA fires: Long-term exposure to wildfire smoke is poorly understood − and a growing risk 
Mercedes-Benz Eyes €800 Million Labor Cost Cuts in Germany 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Burkina Faso and Mali’s fabulous flora: new plant life record released 
China Vanke Shares Jump as Beijing Moves to Ease Debt Pressure 
Extreme heat, flooding, wildfires – Colorado’s formerly incarcerated people on the hazards they faced behind bars 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
OpenAI Agent Breaches Australia Medicare Data Portal 
H&M Q3 Profit Beats Estimates as Margins Improve 
US Stock Futures Rise as Meta Muse Fuels AI Rally 
How ongoing deforestation is rooted in colonialism and its management practices 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
CNN, MS NOW and Politico Sue Trump Over White House Media Ban 
Costco Revenue Beats Estimates as Inflation Drives Bulk Shopping 
Add as a preferred source on Google
Carbonplace and Climate Impact X (CIX) are collaborating to create a pilot for a seamless blockchain-based platform for voluntary carbon credit trading.
The organizations will help customers buy, trade, and settle carbon credits in a market that is expected to attract a hundredfold increase in global demand before 2050.
The markets and trading for carbon credits, which allow businesses to monetize climate mitigation efforts and let consumers invest in projects prioritizing sustainable practices, are still considered complex and inaccessible.
This is due to the vast number of trading options and lack of verification of some credits.
CIX allows customers to choose among a selection of verified carbon credits while Carbonplace’s novel settlement technology, wide client base, and high regulatory standards will comprise the settlement platform.
Mikkel Larsen, CEO of CIX, noted that the two firms’ collaboration through Project Marketplace creates easy access to curated, quality credits and a settlement system underpinned by transparency and integrity
Major institutions back both projects. CIX was founded by DBS Bank, the Singapore Exchange (SGX), Standard Chartered, and Temasek to create a marketplace of projects where corporates can buy carbon credits.
Meanwhile, Carbonplace was founded last year by NAB, CIBC, Itaú Unibanco, and NatWest, and this year they were joined by another three banks, BNP Paribas, Stanchart, and UBS. It expects to go into production towards the end of this year.
