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Canada and New Brunswick to Plant Over 52 Million Climate-Resilient Trees

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MONCTON, NB, July 19, 2024 /CNW/ – Forests and trees capturing and storing carbon, offer habitats for wildlife, mitigate hot weather in cities and towns, ensure clean water and soil, and deliver essential spiritual, cultural and recreational benefits to Canadians from coast to coast. By planting two billion trees over a decade, the Government of Canada is taking a significant step forward in our country’s approach to tackling the dual crises of climate change and biodiversity decline.

Today, the Honourable Ginette Petitpas Taylor, Minister of Veteran Affairs and Associate Minister of National Defence, on the behalf of the Honourable Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, alongside the Honourable Hugh J.A. (Ted) Flemming, New Brunswick Minister for Natural Resources and Energy Development, Annika Chiasson, Executive Director of New Brunswick Environmental Network, and Shane Boyd, Project lead of Petitcodiac Watershed Alliance, announced over $71 million in federal and provincial funding to support tree-planting projects in New Brunswick.   

Together, the Government of Canada and the Government of New Brunswick will provide more than $71 million to support progressive tree planting in New Brunswick, ensuring the right trees are planted in the right places so that the province’s forests can thrive in a changing climate. With this investment, the Province of New Brunswick aims to plant over 52 million climate-resilient trees on publicly managed land: the equivalent of planting over 60 trees for each resident of New Brunswick.

Other projects funded in the province include:

A $295,000 contribution for the New Brunswick Environmental Network (NBEN), which will use the funding to educate and train individuals and organizations on seed collection, tree planting and restoration techniques. The NBEN will collaborate with local nurseries to grow native and climate-resilient seedlings from collected seeds. These services will be available to tree-planting organizations and landowners in New Brunswick.A $33,000 contribution for the Petitcodiac Watershed Alliance to work with local communities in identifying and caring for tree-planting sites in the City of Dieppe. This project has empowered local community tree-planting initiatives by transferring knowledge through staff and volunteer training, which resulted in 2,000 new trees being planted in Dieppe in 2023.

Federal funding comes from the 2 Billion Trees program, part of the Government of Canada’s broader approach to nature-based climate solutions. Trees planted help to clean the air, keep neighborhoods cool in the summer, create jobs and fight climate change while protecting nature. By working together with provinces, territories, local communities, non-and for-profit organizations and Indigenous Peoples, Canada continues to build a strong, healthy future for generations to come.

Quotes

“Partnering with provinces and territories plays a critical role in the sustainable management of our forests and tackling the dual crisis of climate change and biodiversity loss. The Government of Canada is pleased to be partnering with New Brunswick to continue making progress toward planting trees that will clean the air we breathe, improve water quality and mitigate climate change across Canada. Through collaborative action and dedication, we are taking a step in the right direction to create a healthier environment for generations to come.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“An investment in the future of our environment is an investment in the future health and well-being of Canadians. In collaboration with our provincial partners, this initiative will help restore and enhance biodiversity by planting climate-resilient native trees. In the face of a changing climate, we are committed to ensuring the long-term sustainability of our magnificent and diverse forests in New Brunswick.”

The Honourable Ginette Petitpas Taylor
Minister of Veteran Affairs and Associate Minister of National Defence 

“Our forests are our most valuable natural renewable asset. They not only help drive our economy but also contribute to significantly reducing the impacts of climate change and biodiversity loss. This investment supports our forest management approach as outlined in Our Forests are for Everyone strategy released in August of 2023.”

The Honourable Hugh J.A. (Ted) Flemming
New Brunswick Minister for Natural Resources and Energy Development

“Our project looks to tackle the challenges caused by the limited availability of native tree species in local nurseries, which hampers overall restoration efforts and biodiversity enhancement. Through strategic partnerships and training, we aim to enhance seed procurement practices, increase native seedling availability and engage the community to ensure the long-term health and resilience of New Brunswick’s beautiful ecosystems.”

Annika Chiasson, 
Executive Director, New Brunswick Environmental Network 

“Thanks to the Government of Canada’s 2 Billion Trees fund and everyone involved, we were able to partner with over a hundred students from l’École Antonine-Maillet to plant 2000 native trees on the school property. Not only has this activity enhanced the school’s outdoor classroom, but it is also aiding in reducing air pollution, cooling the area in the summertime, reducing habitat fragmentation, increasing biodiversity of native species and strengthening forest edges against exposure to wind and storms. The Petitcodiac Watershed Alliance hopes to continue conducting meaningful projects such as this with the continued support of the Government of Canada and the Province of New Brunswick.”

Shane Boyd
Project Lead, Petitcodiac Watershed Alliance

Quick Facts

Planting two billion trees is a marathon, not a sprint; with a focus on long-term agreements like this one with New Brunswick, the 2BT program is well on its way. As of March 31, 2023, the 2BT program has secured or is negotiating agreements to plant over 553 million trees.Partnerships with provinces and territories are key as they manage 90 percent of Canada’s forested land. With the agreement announced today, Canada and New Brunswick confirm their joint intention to create lasting benefits for New Brunswick’s forests, including habitat restoration and forest resilience in a changing climate.The 2BT program collaborates with partners to understand their plans for preparing sites, how they are selecting species, and how they plan to monitor after planting. Partners report every year, and the 2BT program conducts site visits and will be using remote sensing to monitor the progress and the health of the trees. By ensuring the initial job is done well, nature can then thrive, maintaining the long-term health of forested sites.

Related Information

2 Billion Trees programOur action: How we will get there togetherPlanting the right tree in the right place for a better tomorrow2030 Emissions Reduction Plan: Clean Air, Strong Economy

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SOURCE Natural Resources Canada

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Firstsource positioned as a ‘Leader’ in Lending Services Operations PEAK Matrix® Assessment 2024 by Everest Group

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MUMBAI, India, Sept. 27, 2024 /PRNewswire/ — Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been positioned as a Leader in the Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.

The Lending Services Operations PEAK Matrix ® Assessment 2024 evaluated and classified 30 lending service providers based on their market impact, and vision, and capability, as well as scalability and client references into the three categories of Leaders, Major Contenders, and Aspirants. Firstsource was positioned as a ‘Leader’ among service providers for achieving growth, despite challenging market conditions, offering a balanced range of services across the lending value chain—commercial, consumer, mortgage, and auto lending – providing a diverse set of clients with a complete experience, driving innovation, and investing to augment their Al-based in-house solutions suite.

Vivek Sharma, President – BFS, CMT, and Emerging Geos, Firstsource, shared, “Being recognized as a Leader in the 2024 Lending Services Operations PEAK Matrix® Assessment is a powerful validation of our focused strategy. We have deliberately chosen to limit our domains and deepen our expertise in those areas, and this recognition reinforces that commitment. Our comprehensive operations, supported by Collection and Lending Innovation Labs in the U.S. and U.K., leverage AI-driven solutions and a strategic global reach to enhance customer experience, drive operational excellence, and deliver innovation—all under one roof.

“As the lending services industry continues to evolve, our emphasis on innovation and value creation across the entire lending value chain positions us as a trusted partner for organizations seeking to future-proof their business. This acknowledgment highlights our role in driving the future of the industry and solidifies our leadership in delivering cutting-edge solutions that meet the complex needs of our clients.”

Sahil Chaudhary, Practice Director, Everest Group, shared, “Firstsource’s impetus on innovation and digital solutions has helped it to drive growth, as well as making it a preferred BPS partner amid the challenging economic landscape in the lending operations market. Their well-diversified clientele across the lending value chain, combined with strategic investments in in-house AI-based solutions, has established it as a Leader in Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.”

To download a copy of the assessment, please visit: Firstsource Named a Global Leader by Everest Group Peak Matrix 2024 – Firstsource

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a specialized global business process services partner, providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. (www.firstsource.com)

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Logo: https://mma.prnewswire.com/media/2515360/Firstsource_Logo.jpg

 

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TRIBIT will launch its 200W Bluetooth Speaker StormBox Blast 2 in mid-October

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This time, immerse yourself in the music, live for live

NEWARK, Calif., Sept. 26, 2024 /PRNewswire/ — TRIBIT, a global audio brand, targets the mid-October launch of the upgraded StormBox Blast 2 portable Bluetooth speaker. Following on from the success of its predecessor, StormBox Blast, the StormBox Blast 2 now has upgraded features including a higher IP67 waterproof rating, Bluetooth 5.4 and a huge 200W output power.

Explosive 200W* Output 

Featuring an 80W subwoofer with diamond reinforcement ribs, dual 45W mid-range drivers, and two 15W silk dome tweeters, the StormBox Blast 2 delivers precise beats and notes. Its 2.1 channel design, powered by two advanced Ti amplifiers, ensures balanced and dynamic sound, while dual large passive radiators enhance the bass for deeper resonance.
*AC Power: 200W; Battery Power: 180W

Fun & Interactive Karaoke

Host a karaoke party with the TRIBIT speaker which boasts the professional-grade karaoke function with an adjustable Reverb effect! Supporting dual wired or wireless microphone connections, this party speaker enables you to sing solo or in a duet. Better still, state-of-the-art Bluetooth 5.4 ensures an optimal listening experience with TWS connectivity. What’s more fun than getting friends or family together for a good old sing song?

Customized Dynamic Lighting

The StormBox Blast 2 also features customizable dynamic lighting for a fantastic light show! The speaker can be synced to the pulse and rhythm of the song playing or users can pick a favorite color in the TRIBIT App to add a stunning touch to bars, weddings, festivals, and everything in between.

Unstoppable 30hrs Playtime

Worried about the tunes suddenly stopping mid-event? The StormBox Blast 2 has a 30-hour playtime to ensure there’s enough power to keep party goers dancing into the night! Thanks to the colossal battery capacity, the speaker can also be used to charge phones or other electric gadgets to be certain nothing will run out of juice!

About TRIBIT:

Back in 2017, TRIBIT was born with one singular focus: to inspire outdoor exploration while embracing the beauty of nature and the magic of sound. Just like stepping into a journey where melodies of innovation resonate with your soul, TRIBIT decodes the music mystery with the notes of “do re mi”.

We strive to make high-quality audio accessible to all, orchestrating auditory brilliance. So now turn up the volume on your TRIBIT and treat yourself with better beats!

Contact:
Miriam Lin
media@tribit.com 

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SOURCE TRIBIT

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Linglong’s European Factory Has Achieved Mass Production

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BELGRADE, Serbia, Sept. 26, 2024 /PRNewswire/ — In the middle of September, 2024, Linglong International Europe d.o.o., the first Chinese tire factory in Europe, officially started mass production. Another important project in Linglong Tire’s “7+5” global strategic blueprint has come to fruition, and the global strategic layout has started a new journey!

Serbian President Aleksandar Vučić led government departments at all levels, together with Chinese Ambassador to Serbia Li Ming, industry authorities, well-known experts from universities, as well as Linglong’s global partners and media friends, to attend this grand event.

Since its launch in 2019, Linglong Europe has attracted global attention with its grand blueprint of a total investment of US$990 million and an annual production capacity of 13.62 million high-performance radial tires.

During its construction, Linglong’s European factory has deeply integrated cutting-edge technologies such as artificial intelligence, mobile sensing, industrial big data, and industrial robots. It is committed to becoming a benchmark for tire production that is safe, environmentally friendly, intelligent, automated, and green, and becoming one of the leading digital factories in the global tire industry. It has achieved full automation and digital management from the warehousing of raw materials to the delivery of finished products, greatly improving product quality and production efficiency.

Furthermore, the “green, clean, civilized, and lean” new factory model advocated by Linglong Europe will lead the industry towards a more environmentally friendly, efficient, and intelligent direction.

During their in-depth visit to the production workshops of Linglong Europe, the visiting leaders and guests all expressed sincere admiration for the factory’s high level of intelligence, unanimously acknowledging it as a model in the tire manufacturing industry that they have personally witnessed, and an “incredible factory” beyond their imagination in terms of intelligence. President Vučić emphasized during his visit, “It’s unbelievable and incredible. I feel so proud and happy.”

With the official mass production of its European project, Linglong has taken an important step in its globalization strategy in the European market. The factory will provide European and surrounding market users with an excellent driving experience through high-performance products featuring green, low-carbon, low rolling resistance, and strong handling capabilities, as well as superior services. This milestone achievement not only promotes the construction and improvement of Linglong’s overseas OE system, but also significantly enhances the competitiveness and influence of Chinese tire makers in the global market.

In August 2024, with the Linglong Europe developing rapidly, Linglong announced the launch of the Linglong Phase II expansion project in Europe. After the expansion project is completed, it will add an annual production of 1.1 million high-performance radial tires of various types, including 800,000 sets of commercial vehicle tires, 50,000 sets of engineering radial tires, 150,000 sets of agricultural radial tires, 100,000 sets of retreaded tires, and liquid reclaimed rubber, photovoltaic power generation and other projects.

At the mass production ceremony, Linglong Tire signed an additional investment memorandum with the Serbian government. The signing of this agreement is not only a full affirmation of the previous cooperation results, but also lays the foundation for the smooth progress of the European Linglong expansion project.

In the future, Linglong Tire will take the project’s mass production as an opportunity, aim at the high-quality joint construction of the “Belt and Road” between China and Serbia, strengthen compliance operations and safety production management, and promote future project construction with high standards and strict requirements. At the same time, the company will actively fulfill its social responsibilities, establish an excellent corporate culture image, and contribute more to promoting China-Serbia economic and trade cooperation to a higher level and promoting Chinese manufacturing to the world stage!

View original content to download multimedia:https://www.prnewswire.com/news-releases/linglongs-european-factory-has-achieved-mass-production-302260752.html

SOURCE Shandong Linglong Tyre Co., Ltd.

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