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UNIDO at SPIEF 2018: Increasing the contribution of women to economic growth and prosperity

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On the opening day of the St. Petersburg International Economic Forum (SPIEF) 2018, the United Nations Industrial Development Organization (UNIDO) organized an international forum. Titled, “Increasing the contribution of women to economic growth and prosperity: Creating an enabling environment”, the event was staged in cooperation with the OPORA RUSSIA Committee on Women Entrepreneurship Development, with organizational support from the Roscongress Foundation and financial support from the Government of the Russian Federation.

More than 200 participants from all over the world came together to share their experiences on the challenges and best-practice solutions for scaling up successful models for women’s economic empowerment and entrepreneurship. The event was attended by numerous high-level representatives from regional governments of the Russian Federation, as well as from the Russian and international business community, including Scania, SAP, Festo and Didactic, among others. The event was attended by two UNIDO Goodwill Ambassadors, Helen Hai and Janne Vangen Solheim. Olga Algayerova, Executive Secretary of the United Nations Economic Commission for Europe also joined the event as a special guest.

During the opening session, the Deputy Chairperson of the Council of the Federation of the Federal Assembly of the Russian Federation, Galina Karelova, commented on the fact that for the second year running leading experts and representatives of the business community were debating opportunities and best practices for strengthening the role of women in economic development with UNIDO’s support at the prestigious SPIEF-2018: “This is strong evidence that the women’s agenda in Russia, as well as at the international level, has reached a fundamentally new level,” she stated.

In his written message sent to the organizers and participants of the Forum, Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, welcomed the fruitful cooperation between UNIDO and OPORA RUSSIA in the area of women’s entrepreneurship, and wished the Forum success in developing effective solutions aimed at increasing the role of women in overall efforts to achieve the Sustainable Development Goals.

Nadiya Cherkasova, Head of the OPORA RUSSIA Women‘s Entrepreneurship Development Committee, stressed the importance of women’s entrepreneurship as an engine for economic growth and noted the numerous opportunities for scaling up women’s participation in business activities.

Alexander Kalinin, Head of OPORA RUSSIA, mentioned that the country is facing an ambitious goal of boosting national economic growth, where a reliance on small and medium-sized businesses is crucial. He added that OPORA RUSSIA’s work in the area of women’s entrepreneurship is thus very timely, while women’s entrepreneurship is gaining pace and is expected to play a key role in economic development.

Jacek Cukrowski, Chief of UNIDO’s Europe and Central Asia Division, reiterated the importance of forming global alliances and building upon common goals to achieve the economic empowerment of women: “UNIDO has joined hands with OPORA Russia, capitalizing on our knowledge, experience and partners’ networks, for the delivery of concrete, measurable and productive outcomes,” he stated.

Three main sessions of the Forum provided a platform for fruitful debate with an action-oriented outlook on the road ahead, involving policymakers and representatives from the private sector, as well as women’s networks. The development of a global women-leaders talent pool, as a way of fostering network opportunities among women experts from various business sectors, the creation of an e-learning platform for women in business, providing opportunities to take learning and skills development courses to improve managerial and entrepreneurial skills, as well as capacity building initiatives for women entrepreneurs and leaders in different industrial sectors in cooperation with the private sector, business associations and civil society were all discussed during the event.

UNIDO’s representative said that women’s empowerment and entrepreneurship are powerful tools for economic development and are firmly anchored in the Goals of the 2030 Agenda for Sustainable Development. UNIDO will therefore continue in its efforts to advance the economic empowerment of women.The issue will be at the centre of the debate at the upcoming Eurasian Women’s Forum in St. Petersburg in September 2018.

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French tech start-up wins EU’s new Industry of the Future Award with raw-materials prowess

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By  HORIZON STAFF

For Yohan Parsa, research director at tech start-up ROSI SAS in France, a relatively small Horizon project has made a big difference for the company and for the European Union’s economic ambitions.

ROSI, which recycles raw materials from end-of-life solar panels, has just received the EU’s first “Industry of the Future Award” for technological research supported by the EU’s Horizon programme.

With 700 000 euros from Horizon Europe, the two-year project advanced the company’s goal to become a world leader in the reuse of silicon and silver from photovoltaic (PV) waste. ROSI plans to open a recycling plant in France early next year and expand into Germany, Italy and Spain afterwards.   

‘It was the transition from the lab to the factory that became possible with the EU support,’ Parsa said in Brussels on 28 September after accepting the award on behalf of ROSI. ‘We can now move to the industrial scale.’

Fine fit

The project, called Ramp-PV and ending this month, ticks a number of key EU policy boxes.

Amid heightened geopolitical tensions, it promises to enhance Europe’s strategic autonomy by extending the domestic availability of valuable raw materials for industries including solar, electronics and batteries.

In reducing industrial waste, the project also helps the European economy to become more sustainable, or “circular”. 

In addition, Ramp-PV bolsters the European Green Deal climate goals. While solar panels produce renewable power needed to counter global warming, their silicon and silver ingredients entail energy-intensive production that is itself a source of carbon-dioxide emissions.

Furthermore, Ramp-PV contributes to European workplace-safety goals by developing low-temperature chemical processes used in recovering the raw materials embedded in solar panels. What’s more, the chemicals are mild kinds that, unlike acid for example, pose fewer hazards.

Young champion

‘We need champions of change and innovation for our industry to continue bringing prosperity for all Europeans,’ Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, said when announcing the award. ‘Developing new solutions that save raw materials could not come at a better time.’

Of the two runner-up projects, one focused on digital security for manufacturers, particularly in the aviation, automotive and ship industries. The other centred on robotics in manufacturing and ways to enhance human-robot collaboration.

The Industry of the Future Award recognises EU-funded projects whose results, in the words of the European Commission, ‘make European industry more resilient, sustainable and human-centric.’ To be eligible, a project needs to have started after August 2018.

ROSI, based in Grenoble, was barely in existence then. The company was founded in late 2017 and began the Ramp-PV project in November 2020. It has around 20 employees.

To date, ROSI has been developing the processes and technologies for extracting high-purity materials – copper is another – from photovoltaic waste and reintegrating them into key industries including solar.

Growth chart

By early 2022, the company reached the industrial-equipment test phase and announced a plan to create a factory near Grenoble.

The French plant will recycle 3 000 tonnes a year of solar panels starting in 2023, extracting 90 tonnes of silicon, 30 tonnes of copper and 2.5 tonnes of silver, according to Parsa, who said ROSI’s number of employees would roughly double at this stage.

Within two years, the plant’s recycling capacity for the panels will increase to 10 000 tonnes, he said.

ROSI will integrate recovered silicon back into solar panels while looking for other potential users for this material including semiconductors and batteries, said Parsa. Recovered copper and silver will probably go into industries other than solar, he said.

The company’s expansion plans beyond France will begin in Germany and then extend to Italy and Spain.

‘We are quite advanced in Germany, but it’s not a done deal,’ Parsa said. ‘In all three countries we are looking for partners because we need the help of local players.’

While being coy about the precise timetable for ROSI’s planned ventures outside France, he signalled those – along with the imminent French recycling activity – would have been a more distant prospect without Horizon funding for Ramp-PV.

‘If we had not had the EU support, we would not have reached this point as fast as we did,’ Parsa said. ‘Ramp-PV enabled us to conduct trials on new equipment and accelerated our whole business plan.’  

This article was originally published in Horizon, the EU Research and Innovation Magazine. 

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Reviewing ARK Coin – Is It The Solution To Your Bitcoin Headache?

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Cryptocurrency’s rise has literally posed a challenge to traditional banking systems. This is probably the reason why this entered business so fast.

Presently, more than 9.5 million people in the UK and more than 17 million people in the USA are trading on Cryptocurrencies.

However, maybe due to the volatility and other issues, Cryptocurrencies like Bitcoin are still questionable.

The advent of ARK coins has been observed as a landmark development so far as business development is concerned.

In this study, we would like to review the ARK count to see its potential to start as a successful solution for business.

Ark Coins

The ARK coins came in the year 2016. This is an all-inclusive Blockchain-based technology that provides flexibility for investment.

The main thing that distinguishes itself from the rest is the platform allows the investor to design and develop its own blockchain in a decentralised way.

There is an element of flexibility that you get with this blockchain. In addition, this blockchain offers investors seamless user navigation. Therefore things look quite promising for the ARK coins.

Navigation has always been an issue with other Bitcoin and other Cryptocurrencies. However, with ARK coins, the investors can create their own blockchain that eases the navigability to many folds.

Price History Of The Ark Coins

The coin came into existence in the year 2017. The initial response wasn’t that high. The then price of the ARK was a modest $0.03. But by the year 2018, its value was $10.91.

This turned out to be a great development. But for reasons, the ARK coins could not really carry forward with the growth and consequently plummeted. Thereafter it went through different crests and troughs.

According to the March 2022 recording, the coin stood at $1.67. Seeing the continuity, it can be said that there is some opportunity with the coin.

When most of the coins were literally on the verge of failure, AKD coins showed some considerable promise. This promise can be a good reason investors can bank on the coins in the future.

Price Forecasts

So far as the price forecast is concerned, the ARK coins, as mentioned here, hold some promise for the coin. When other coins faltered, this one did pretty well. The developer of the network is working on the enhancement.

This has indeed provided the investor with the hope that the coin will have a good future in the coming days. Hence the ark price prediction turns out to be easy due to the stability of the coin price.

Technical Analysis

The success of a Cryptocurrency depends on the predictability of value. We all know that Cryptocurrency is highly volatile.

Let us give an example. An individual purchased Bitcoin to a significant value. But the value dropped to around 80% of the initial price.

This is the kind of volatility. Now with this kind of volatility, it becomes almost important for the business community, mainly entrepreneurs, to invest in Bitcoin.

So far as ARK coins are concerned, the coin has remained more or less stable, and the price has remained predictable throughout.

For example, the market value of the coins was recorded to be around $0.470986 as of the month of July 2022. Therefore, you can trade on 138,684,917 ARK.

The value of the coins remained somewhat stable. Now, with this stability, the business community is showing faith in this Cryptocurrency.

Fundamental Analysis

The ARK coins undoubtedly are powered with high-end technology that has supported the coin’s good performance in the reign of volatility.

Furthermore, the coin is built with a consensus algorithm and has its own advantages.

Due to this, the Cryptocurrency investor can use the coin. They got the flexibility they have not been getting with Bitcoin. It is a fact that the makers of ARK coins have definitely kept the weakness of Bitcoins in mind while developing these coins.

Is It A Solution To Bitcoin’s Weakness?

It cannot be denied that Bitcoin remains the greatest Cryptocurrency to date, and it is still doing good.

Buy Bitcoins struggled with the chronic issue of volatility and other technical glitches. But ARK’s stability somehow shows light of hope for the new investors. So definitely, there is hope.

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Uzbekistan and World Bank to Expand Strategic Partnership

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Photo credit: Press Service of the President of Uzbekistan.

Anna, Bjerde, World Bank Vice President for Europe and Central Asia, visited Uzbekistan from September 29 to October 2, 2022, as part of a broader trip to Central Asia. Ms. Bjerde met with President Shavkat Mirziyoyev, as well as senior government officials, and beneficiaries of a World Bank-funded project that is helping improve rural infrastructure in Uzbekistan.

During her meeting with President Mirziyoyev, Ms. Bjerde discussed the results of 30 years of partnership between Uzbekistan and the World Bank, an anniversary which was celebrated in September this year. President Mirziyoyev and Ms. Bjerde noted in particular the achievements of the stepped-up World Bank financial and advisory support to help Uzbekistan implement transformative economic and social reforms since 2017, and they agreed to expand strategic bilateral cooperation across several economic and social spheres.

Ms. Bjerde also held talks with senior Uzbek government officials, including Deputy Prime Minister and Minister of Economic Development and Poverty Reduction Jamshid Kuchkarov, Deputy Prime Minister and Minister of Investments and Foreign Trade Jamshid Khodjaev, Minister of Finance Timur Ishmetov, Chairman of the Board of the Central Bank Mamarizo Nurmuratov, and Director General of the Agency for Strategic Reforms Shukhrat Vafaev.

In her meetings with counterparts, Ms. Bjerde discussed the implementation of the recently launched Country Partnership Framework (CPF) for Uzbekistan for the next five years. The CPF supports the authorities in developing the private sector to create new jobs and reduce poverty, improving human capital, building a green and sustainable economy, closing gender gaps, and creating conditions for wider citizen engagement. The CPF is aligned with the Development Strategy of the New Uzbekistan for 2022-26 and will help the authorities achieve the country’s ambitious development goals.

Ms. Bjerde and counterparts also discussed the progress of the Government’s reforms and World Bank support to reforming and privatizing state-owned enterprises and banks, modernizing agriculture, energy, financial and other strategic sectors, improving education, healthcare, and social protection services, developing transport connectivity, improving rural and urban infrastructure, empowering women, and improving the business and investment climate. Discussions were also held around the upcoming Country Climate and Development Report that the World Bank is preparing for Uzbekistan.

“We welcome that, despite the ongoing global shocks and crises, Uzbekistan’s path for reforms and development impact for its citizens through an inclusive and sustainable market economy transition remains the top priority for the Government,” said Anna Bjerde. “As we celebrate the 30th anniversary of the partnership with Uzbekistan, the World Bank looks forward to supporting the authorities reach their ambitious development goals through implementing the Country Partnership Framework which outlines our financial and advisory support for the reform agenda and priority development projects in the years to come.”

During her stay in Uzbekistan, Ms. Bjerde also visited Saroy village, located in the Jizzakh Region, and met with local residents, students, parents, and teachers. Saroy is one of 306 remote villages in five regions of the country benefiting from a rural infrastructure development project, which is being implemented by the Government with financial support from the World Bank and the Asian Infrastructure Investment Bank.

The project directly involves local communities through a participatory process to identify their infrastructure needs. In over 175 villages, residents have already produced community development plans, which will receive funding to implement sub-projects, such as the upgrading or construction of drinking water, gas, and electricity supply systems, roads, schools, and other basic infrastructure and services.

The residents of Saroy village voted for the rehabilitation of the local school that had been built decades ago and did not meet public building codes and standards. During their meeting with Ms. Bjerde, they presented the community’s experience in developing and supervising the implementation of a sub-project that completely rebuilt and expanded the school’s facilities. The school is now able to accommodate more students from Saroy and neighboring villages and is better equipped to ensure student learning.

The World Bank’s country program in Uzbekistan is among the top three largest in the Europe and Central Asia region. As of October 1, 2022, it consisted of 27 projects, with net commitments totaling around $4.76 billion.

These projects provide support in critical areas, such as macroeconomic reforms and the modernization of agriculture, water resource management, water supply and sanitation, energy, transport, health, education, social protection, urban and rural infrastructure, national innovation, tax administration, statistical and financial systems, etc. They also help in the mitigation of the health, social, and economic implications of the COVID-19 pandemic, as well as build resilience from the impacts of climate change.

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