Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

The current schedule for the fractional sales of French barrels includes:Sept. 26 – October 2: Domaine Fourrier – 2 BarrelOct. 3 – October 9: Charles Lachaux – 6 BarrelsOct. 10 – October 16: Domaine Vincent Dancer – 1 BarrelOct. 17 – October 23: Domaine De Montille – 2 BarrelsOct. 24 – October 30: Domaine Robert Groffier – 5 BarrelsOct. 31 – Nov. 6: Domaine Pierre Girardin – 5 Barrels

New features give Crurated Members the ability to buy fractions of wine in barrels and customize exclusive bottle formats and labeling

Participating world-renowned producers include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille, and Domaine Pierre Girardin

LONDON, Sept. 26, 2022 (GLOBE NEWSWIRE) — Wine futures, sometimes called En Primeur, is a way to buy the most highly-sought after wines before they are bottled and released on the market. Crurated, a blockchain and member-based wine community, is taking this concept to the next level with new technology that offers provenance as well as customization to the mix. Alfonso de Gaetano, the company’s Founder has announced that Crurated Members can now purchase fractions of barrels which are certified through blockchain and NFT technology. This new offering also gives members the ability to customize bottle formats and labels based on their unique needs.

Crurated is introducing fractional barrel sales with world-renowned producers that include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille and Domaine Pierre Girardin.

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

Crurated is introducing fractional barrel sales with world-renowned producers that include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille and Domaine Pierre Girardin.

Crurated is also offering curated experiences for the top 10 fractional barrel purchases, in terms of monetary value. Experiences include a visit with the wine producer, tour of the winemaking facility, a winemaking dinner and other curated events based on location.

“Many of our esteemed clients often ask for larger format bottles. Determining how many to produce beyond the traditional Magnum can be challenging,” said Nicolas Groffier of Domaine Robert Groffier. “Fractional barrel sales and the ability for buyers to customize bottle size allows us to determine the exact number and sizes of bottles we will need. And now the only way to have larger size formats from Domaine Robert Groffier is through Crurated.”

Crurated Presents The Barrel of The Future

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT TechnologyNew features give Crurated Members the ability to buy fractions of wine in barrels and customize exclusive bottle formats and labeling Participating world-renowned producers include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille, and Domaine Pierre Girardin

“This new concept completely changes the way rare, pre-bottled wines are sold to consumers,” said Alfonso. “Fractional ownership has been around for decades and is just now being applied to digital art in the NFT space. While a fraction of a Bored Ape may be a unique application of the technology, it is shared and not something you can enjoy on its own. Our concept revolutionizes fractional ownership backed by NFTs by offering the value of provenance to further authenticate the wine. Members can also customize their bottle formats and labels and then appreciate their fraction of rarity in the real world.”

The current schedule for the fractional sales of French barrels includes:

  • Sept. 26 – October 2: Domaine Fourrier – 2 Barrel
  • Oct. 3 – October 9: Charles Lachaux – 6 Barrels
  • Oct. 10 – October 16: Domaine Vincent Dancer – 1 Barrel
  • Oct. 17 – October 23: Domaine De Montille – 2 Barrels
  • Oct. 24 – October 30: Domaine Robert Groffier – 5 Barrels
  • Oct. 31 – Nov. 6: Domaine Pierre Girardin – 5 Barrels

About Crurated
Launched in 2021 with an emphasis on France and Italy, Crurated is a membership-based wine community designed to connect connoisseurs directly with world-class producers. A team of specialists provides personalized services and authentic experiences, while Crurated’s seamless logistics service guarantees quality and provenance thanks to secure wine cellar storage and innovative blockchain technology. For more on Crurated, visit crurated.com.

PR Contact
Michael Volpatt
Michael@larkinvolpatt.com
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Crurated devient la première communauté viticole basée sur la blockchain et les membres à proposer des ventes fractionnées de tonneaux soutenues par la technologie NFT

De nouvelles fonctionnalités donnent aux membres de Crurated la possibilité d’acheter des fractions de vin dans des tonneaux et de personnaliser des formats de bouteilles et des étiquettes exclusifs

Les producteurs de renommée mondiale participants comprennent le Domaine Fourrier, Charles Lachaux, le Domaine Robert Groffier, le Domaine Vincent Dancer, le Domaine De Montille et le Domaine Pierre Girardin

LONDRES, 26 sept. 2022 (GLOBE NEWSWIRE) — Wine futures, parfois appelé En Primeur, est un moyen d’acheter les vins les plus recherchés avant leur mise en bouteille et leur mise sur le marché. Crurated, une communauté viticole basée sur la blockchain et les membres, fait passer ce concept au niveau supérieur avec une nouvelle technologie intégrant provenance et personnalisation. Alfonso de Gaetano, fondateur de la société, a annoncé que les membres de Crurated peuvent désormais acheter des fractions de tonneaux qui sont certifiées via la blockchain et la technologie NFT. Cette nouvelle offre donne également aux membres la possibilité de personnaliser les formats des bouteilles et les étiquettes en fonction de leurs besoins uniques.

Crurated organise des ventes fractionnées de tonneaux avec des producteurs de renommée mondiale, notamment le Domaine Fourrier, Charles Lachaux, le Domaine Robert Groffier, le Domaine Vincent Dancer, le Domaine De Montille et le Domaine Pierre Girardin

Crurated propose également des expériences sélectionnées pour les 10 achats fractionnés de tonneaux les plus importants, en termes de valeur monétaire. Les expériences incluent une visite du producteur de vin, une visite des installations viticoles, un dîner dans un domaine viticole et d’autres événements organisés selon l’emplacement.

« Bon nombre de nos clients estimés demandent souvent des bouteilles dans un format plus grand. Il peut être difficile de déterminer la quantité à produire au-delà du Magnum traditionnel », a déclaré Nicolas Groffier du Domaine Robert Groffier. « Les ventes de tonneaux fractionnés et la possibilité pour les acheteurs de personnaliser la taille des bouteilles nous permettent de déterminer le nombre et la taille exacts des bouteilles dont nous aurons besoin. Et aujourd’hui, la seule façon d’avoir des formats de plus grande taille du Domaine Robert Groffier consiste à passer par Crurated. »

« Ce nouveau concept change complètement la façon dont les vins rares en bouteille sont vendus aux consommateurs », a déclaré M. Alfonso. « La propriété fractionnée existe depuis des décennies et s’applique à présent à l’art numérique dans l’espace NFT. Bien qu’une fraction d’un Bored Ape soit peut-être une application unique de la technologie, elle est partagée et non quelque chose que vous pouvez apprécier seule. Notre concept révolutionne la propriété fractionnée soutenue par les NFT en offrant la valeur de la provenance pour mieux authentifier le vin. Les membres peuvent également personnaliser leurs formats de bouteilles et leurs étiquettes, puis apprécier leur part de rareté dans le monde réel. »

Le calendrier actuel des ventes fractionnées de tonneaux français comprend :

  • Du 26 septembre au 2 octobre : Domaine Fourrier – 2 tonneaux
  • Du 3 octobre au 9 octobre : Charles Lachaux – 6 tonneaux
  • Du 10 octobre au 16 octobre : Domaine Vincent Dancer – 1 tonneau
  • Du 17 au 23 octobre : Domaine De Montille – 2 tonneaux
  • Du 24 octobre au 30 octobre : Domaine Robert Groffier – 5 tonneaux
  • Du 31 octobre au 6 novembre : Domaine Pierre Girardin – 5 tonneaux

À propos de Crurated
Lancée en 2021 en mettant un accent particulier sur la France et l’Italie, Crurated est une communauté de vignerons basée sur l’adhésion conçue pour mettre en relation directement les connaisseurs et les producteurs de classe mondiale. Une équipe de spécialistes fournit des services personnalisés et des expériences authentiques, tandis que le service logistique transparent de Crurated garantit la qualité et l’origine grâce à un stockage sécurisé de caves à vin et une technologie de blockchain innovante. Pour en savoir plus sur Crurated, veuillez consulter le site crurated.com.

Contact RP
Michael Volpatt
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Crurated Torna-se a Primeira Blockchain e Comunidade de Vinhos Baseada em Membros a Oferecer Vendas Fracionadas em Barril Apoiadas pela Tecnologia NFT

Novos recursos oferecem aos Membros da Crurated a capacidade de compra de vinho fracionada em barril e de personalização exclusiva de formatos e rotulagem de garrafas

Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille e Domaine Pierre Girardin são os produtores de renome mundial que estão participando do programa

LONDRES, Sept. 26, 2022 (GLOBE NEWSWIRE) — Os futuros de vinho, às vezes chamados de En Primeur, é a forma mais procurada de compra de vinhos antes do seu engarrafamento e lançamento no mercado. A Crurated, uma comunidade de vinhos com base em blockchain e membros, está levando esse conceito para o próximo nível com a nova tecnologia que oferece proveniência e personalização. Alfonso de Gaetano, Fundador da empresa, disse que os Membros da Crurated agora podem comprar frações de barris certificados pela tecnologia blockchain e NFT. Os membros agora também podem personalizar os formatos e rótulos das garrafas com base nas suas necessidades exclusivas.

A Crurated está lançando as vendas fracionadas em barris com os produtores de renome mundial Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille e Domaine Pierre Girardin.

A Crurated também está oferecendo curadoria para as 10 principais compras de barril fracionado, em termos de valor monetário. A curadoria inclui uma visita ao produtor do vinho, visita com jantar às instalações de produção de vinho e outros eventos organizados com base na localização.

“Muitos dos nossos estimados clientes solicitam garrafas maiores. A escolha da quantidade a ser produzida além do Magnum tradicional é bem difícil”, disse Nicolas Groffier, do Domaine Robert Groffier. “Com as vendas fracionadas em barril e a personalização do tamanho da podemos determinar com exatidão o número e tamanhos de garrafas de que precisaremos. Atualmente, a única forma de obter garrafas maiores do Domaine Robert Groffier é com a Crurated.”

“Este novo conceito muda completamente a forma como os vinhos raros e engarrafados são vendidos aos consumidores”, disse Alfonso. “A propriedade fracionária já existe há décadas e agora está sendo aplicada à arte digital no espaço da NFT. Embora uma fração de um Bored Ape possa ser uma aplicação única da tecnologia, ela é compartilhada e não exclusiva. Nosso conceito revoluciona a propriedade fracionária apoiada por NFTs, oferecendo o valor da proveniência que autentica ainda mais o vinho. Os membros também podem personalizar o formato e rótulo das garrafas, e apreciar a fração rara no mundo real.”

O cronograma atual para as vendas fracionadas em barris franceses inclui:

  • 26 de setembro – 2 de outubro: Domaine Fourrier – 2 Barris
  • 3 de outubro – 9 de outubro: Charles Lachaux – 6 Barris
  • 10 de outubro – 16 de outubro: Domaine Vincent Dancer – 1 Barril
  • 17 de outubro – 23 de outubro: Domaine De Montille – 2 Barris
  • 24 de outubro – 30 de outubro: Domaine Robert Groffier – 5 barris
  • 31 de outubro – 6 de novembro: Domaine Pierre Girardin – 5 Barris

Sobre a Crurated
Lançada em 2021 com ênfase na França e na Itália, a Crurated é uma associação da comunidade vinícola criada para conectar conhecedores e produtores de todo o mundo. Uma equipe de especialistas oferece serviços personalizados e experiências autênticas, enquanto o serviço de logística contínuo da Crurated garante a qualidade e a proveniência, graças ao armazenamento seguro da adega e à inovadora tecnologia blockchain. Para mais informação sobre a Crurated, visite crurated.com.

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Michael Volpatt
Michael@larkinvolpatt.com
415.994.8864

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Huawei accueille le 9e Sommet mondial du rail à Berlin

BERLIN26 septembre 2022 /PRNewswire/ — Parallèlement à l’InnoTrans 2022, Huawei a organisé le 9e Sommet mondial du rail de Huawei, dont le thème était « Conduire la numérisation dans le rail du futur, créer une nouvelle valeur ensemble ». Le sommet a réuni des leaders mondiaux de l’industrie, des partenaires de l’écosystème et des experts techniques pour discuter de l’avenir de l’industrie ferroviaire.

Lors du sommet, Huawei a lancé la solution FRMCS (Future Railway Mobile Communication System), qui vise à aider à construire un système de communication mobile ferroviaire plus sûr, plus efficace et plus intelligent. M. Wang Guoyu, COO de Huawei Aviation & Rail BU, et d’autres invités ont assisté au lancement.

Launch of Huawei's FRMCS Solution

« Huawei aide ses clients à passer au numérique. Nous utilisons des technologies innovantes – telles que FRMCS, Wi-Fi 6 et les réseaux tout optique – pour remodeler les connexions, reconstruire des plates-formes numériques et faciliter le partage des données et la collaboration entre plusieurs systèmes de service dans l’industrie ferroviaire. Nous espérons permettre des opérations ferroviaires intelligentes et l’O&M grâce à l’innovation conjointe avec nos partenaires », a déclaré M. Xiang Xi, vice-président de Huawei Aviation & Rail BU.

Adhérant au concept d’ouverture et de coopération, Huawei s’engage à conduire la transformation numérique avec les clients du secteur ferroviaire et les partenaires de l’écosystème. Nous complétons les forces de chacun, innovons ensemble, explorons les normes de l’industrie et construisons un écosystème pour la numérisation du rail.

Lors du sommet, Jeffrey Sim, PDG de SBS Transit Rail Business, a expliqué le parcours numérique de l’entreprise. Vincenzo Bloise, directeur des ventes internationales d’Almaviva, a présenté comment les solutions TIC modernes peuvent stimuler la numérisation des chemins de fer et M. Li Jie, président de Huawei Enterprise Wireless Domain, a montré comment la solution FRMCS de Huawei permet la numérisation des chemins de fer. En outre, Steven Xiong, directeur technique pour l’industrie ferroviaire de Huawei Aviation & Rail BU, a prononcé un discours-programme intitulé « Piloter la numérisation du rail du futur, créer une nouvelle valeur ensemble » et a partagé des cas de numérisation de l’industrie.

Huawei a exposé ses solutions innovantes et ses produits phares pour l’industrie ferroviaire à l’InnoTrans 2022. Il s’agit notamment d’infrastructures TIC de pointe, d’énergie verte, de rail urbain intelligent et de solutions ferroviaires intelligentes.

Huawei vise à remodeler la connectivité ferroviaire et à permettre un développement sûr, intelligent, vert et durable. Nous continuerons à nous plonger dans des pratiques innovantes et à déployer ses TIC de pointe afin de poser une base numérique pour l’industrie. Huawei créera des applications intelligentes en collaboration avec ses partenaires, faisant ainsi progresser régulièrement la transformation numérique de l’industrie.

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Delivering and Sustaining the New Normal: 2021 Annual Report and Overall Phase III Performance Analysis

Prior to the COVID-19 pandemic, most of the Sustainable Development Goals (SDGs) were already off track, including SDG 5, on gender equality and women and girls’ empowerment, and target 5.3, the elimination of FGM by 2030. As evidence of the detrimental impact of COVID-19 on FGM prevalence continues to emerge, the global community is likely to face setbacks in eliminating the practice, as predicted by a UNFPA study in 2020.1 While COVID-19 has upended global systems and structures, threatening to reverse progress on hardwon gains in gender equality and the elimination of FGM, recovery from the pandemic also presents an opportunity and an imperative for transformative change. This includes prioritizing FGM within the global development agenda and in humanitarian action. Although FGM is largely neglected in emergencies, girls’ increased vulnerability to FGM during the pandemic was globally recognized.2

The UNFPA-UNICEF Joint Programme on the Elimination of FGM: Accelerating Change has introduced innovations and adaptations to ensure the continuity of prevention and response programmes. These include effective and sustainable risk communication and community engagement strategies for FGM prevention; community-led surveillance and the use of digital platforms for monitoring and protecting girls at risk of FGM; and digital spaces for adolescents and youth to engage in anti-FGM advocacy campaigns and calls for social accountability so that governments meet their commitments to FGM prevention and elimination.

Source: United Nations Population Fund

Eliminating Obstetric Fistula in West and Central Africa by 2030: Côte d’Ivoire, UNFPA and South Korea call for increased investment and South-South and triangular cooperation

Abidjan – The Government of Côte d’Ivoire, in partnership with the United Nations Population Fund (UNFPA) and the Government of South Korea through its International Cooperation Agency (KOICA), is organizing from September 13 to 15, 2022 in Abidjan an international conference on the theme: “South-South and triangular partnership to eliminate fistula by 2030”. Chaired by Her Excellency Mrs. Dominique Ouattara, First Lady of Côte d’Ivoire, this event aims to strengthen the mobilization of domestic resources and partners to eliminate obstetric fistula in West and Central Africa by 2030.

Obstetric fistula is one of the most serious and dangerous injuries that can occur during childbirth. It is a perforation between the vagina and the bladder and/or rectum, caused by prolonged labor, and occurs in the absence of prompt and quality obstetric care. An estimated 600,000 to 1,000,000 women and girls are living with obstetric fistula in West and Central Africa. In Côte d’Ivoire, a survey conducted in 2020 estimated the number of women and girls living with fistula at 44,602 with 250 new cases recorded each year.

The conference will be attended by government representatives from ECOWAS countries, Mauritania and Chad, bilateral and multilateral donors, UN agencies, scientific experts, the private sector, and civil society. The first phase of this event features the “High Level Dialogue” which will lead to the launch of the Abidjan Declaration for the Elimination of Obstetric Fistula in West and Central Africa by 2030.

For Her Excellency Dominique Ouattara, First Lady of Côte d’Ivoire, “it is time to take action and operationalize initiatives to mobilize resources for investment in prevention, repair and reintegration of fistula survivors.”

The second phase of the conference is a symposium that will take stock of obstetric fistula in Africa, training, and strategies to strengthen efforts to eliminate obstetric fistula. Pierre Dimba, Minister of Health, Public Hygiene and Universal Health Coverage of Côte d’Ivoire said: “Maternal and child health is a priority of the President of the Republic, His Excellency Alassane Ouattara. Today, women living with obstetric fistula no longer have to hide because this disease is treated free of charge at the hospital. “Moreover, the international surgical mission that allowed the operation of nearly 180 women is a strong signal that South-South and triangular cooperation is a reality in our countries,” he added.

For her part, the Minister of Women, Family and Children of Côte d’Ivoire Nasseneba Touré, welcomed the synergies of action for the restoration of the dignity of women living with obstetric fistula. “Côte d’Ivoire has strengthened its achievements in the promotion of women and gender equality. The issue of obstetric fistula, in addition to being a public health problem, is also a question of human rights in general and women’s rights in particular. Our joint efforts will accelerate interventions to eliminate obstetric fistula by 2030,” she said.

Since 2012, South Korea has invested USD 16,070,000 in the fight against obstetric fistula in Côte d’Ivoire through KOICA in a tripartite project with the Ministry of Health and Public Hygiene and UNFPA. Lee Sang Ryul, South Korea’s Ambassador to Côte d’Ivoire said, “Korea is proud to accompany Côte d’Ivoire in the prevention, treatment and rehabilitation of women living with obstetric fistula. Helping these women heal, regain their dignity and support the strengthening of the health system are strong commitments of our cooperation with Côte d’Ivoire.”

As part of this initiative, UNFPA has initiated the creation of a donor coalition to join efforts, drive change and encourage investment to eliminate obstetric fistula and its root causes. Argentina Matavel, UNFPA Regional Director for West and Central Africa said, “Prevention is the best way to eliminate fistula. Ensuring skilled attendance at delivery, providing emergency obstetric care to women and girls who experience complications at delivery, and strengthening domestic and external resource mobilization would make fistula as rare in developing countries as it is today in developed countries.

The conference was preceded by an international surgical mission from August 20 to September 10, 2022. This mission saw the participation of experts from Benin, Burkina Faso, Gambia, Guinea, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Togo, and Chad worked together with those from Côte d’Ivoire to operate on nearly 180 complex cases of obstetric fistula at the Mother and Child Hospital in Bingerville, the University Hospital of Bouaké, the Regional Hospital of Séguéla, the General Hospital of Bouna, and the St. Jean Baptiste Hospital in Bodo.

The Abidjan Declaration will serve as the basis for future actions on eliminating obstetric fistula in West and Central Africa. This Declaration is a preparatory step for commitments under the Call to Action of the governments of Burkina Faso, Côte d’Ivoire, The Gambia and Togo, which will be presented on September 23, 2022 in New York on the margins of the United Nations General Assembly (UNGA).

Source: United Nations Population Fund

Russia’s Prigozhin Admits Link to Wagner Mercenaries for First Time 

Russian businessman Yevgeny Prigozhin said on Monday that he had founded the Wagner Group private military company in 2014, the first public confirmation of a link he has previously denied and sued journalists for reporting.

The Wagner Group, staffed by veterans of the Russian armed forces, has fought in Libya, Syria, the Central African Republic and Mali, among other countries.

The press service of Prigozhin’s Concord catering firm posted his comments on the social network VKontakte in response to a request for comment from a Russian news site on why he had stopped denying his links to Wagner.

“I cleaned the old weapons myself, sorted out the bulletproof vests myself and found specialists who could help me with this. From that moment, on May 1, 2014, a group of patriots was born, which later came to be called the Wagner Battalion,” Prigozhin said.

“I am proud that I was able to defend their right to protect the interests of their country,” he said in the statement.

Prigozhin’s Concord catering firm confirmed to Reuters that the statement was genuine.

Prigozhin, known as “Putin’s chef” due to his company’s Kremlin catering contracts, has been sanctioned by the United States and European Union for his role in Wagner.

They also accuse him of funding a troll farm known as the Internet Research Agency that Washington says tried to influence U.S. elections.

Prigozhin has previously sued outlets including investigative website Bellingcat, Russian news site Meduza and now-shuttered radio station Echo of Moscow for reporting his links to Wagner.

Wagner was founded in 2014 after Russia annexed Ukraine’s Crimea peninsula and started providing support to pro-Russia separatists in Ukraine’s eastern Donbas region.


Source: Voice of America

Uplifting the youth of Saint Lucia

CASTRIES, Saint Lucia, Sept. 26, 2022 (GLOBE NEWSWIRE) — Countries across the globe have recognised the importance of investing in their youth. Beyond providing basic amenities such as healthcare, education, employment and housing to their citizens, developing economies need to act purposefully to uplift their young populations. These efforts largely define how rapidly a nation will advance.

From this perspective, the government of Saint Lucia is proactively investing in its citizens – with its youth at the top of its list of priorities. The country is advancing at a significant pace, particularly in terms of infrastructure development and its economic undertakings. This growth and development are directly linked to its Citizenship by Investment Programme (CIP), launched in 2016.

The major inflow of funds generated by the Citizenship by Investment Programme has propelled Saint Lucia’s economy, promising a brighter future ahead for its young population.

Rates of employment on the island have improved significantly over the last few years. This is directly linked to the development of various multi-million dollar projects. These projects have been stimulated by foreign investment generated by the country’s CIP.

The advancement of infrastructure is opening a wide range of opportunities not only for investors but also for the country’s youth across a diverse range of industries which include hospitality, service, architecture, banking, and broadcasting. Saint Lucia is growing, and so too are its people.

Recently, the Global Hyatt group signed plans to construct the 345-room Grand Hyatt luxury hotel in Saint Lucia. The project will provide employment for at least 2000 of the island’s citizens through opportunities in construction, operations and management. While providing a major boost to the economy, it will also create significant opportunities for aspiring youth to grow professionally and achieve financial independence. This is just one of the many examples of how foreign investment is directly benefitting the country.

Mathurin is a media and communications professional in Saint Lucia who is reaching new heights in her career. She has expressed confidence about the role that the CIP plays.

“It makes me so happy every time when our talent and accomplishments are celebrated. For me as a young Saint Lucian, as a young creator, I am looking forward to projects like CIP helping us channel resources in the right direction,” said Mathurin.

Mathurin looks forward to the programme providing her with a wider platform to exhibit her talents and further hone her skills. With the development and growth of CIP in Saint Lucia, she is just one of the country’s young professionals who will benefit from the increased investment.

Saint Lucia’s Citizenship by Investment Programme allows foreign investors to become citizens of the country in exchange for investing in the country’s economy. It is a much sought-after programme, ranking third in the CBI Index of 2022 and scoring 87% with 78 points.

The CBI Index is released annually by the Professional Wealth Management Magazine (PWM), published by the Financial Times. It provides a comprehensive evaluation of citizenship by investment programmes in thirteen jurisdictions.

The Index compares jurisdictions according to nine parameters, known as the “nine pillars of excellence.” These include: the minimum investment outlay, the extent to which investors can obtain citizenship for family, the timeline for securing citizenship, the due diligence of the process, ease of processing, freedom of movement within and between countries, mandatory travel or residence conditions, and the certainty and robustness of the programme.

Saint Lucia has particularly excelled in the minimum investment outlay, freedom of movement and ease of processing pillars. This excellent score has drawn a diverse range of individuals with adequate resources to invest in the country. The programme has thus proved mutually beneficial – helping both the country and investors.

The establishment of wider business networks is yet another aspect of the programme from which young Saint Lucians profit. CIP investors often bring significant entrepreneurial networks from their respective fields to the country. Working and collaborating with investors thus provides a great platform for existing businesses to grow, stimulating the development of new businesses and industries as well. While investors receive a stable and secure environment from which to operate their businesses, young professionals have the opportunity to learn from experts in their field and to grow to their maximum capacity.

Since the Covid-19 pandemic, the government’s emphasis has also shifted towards developing and uplifting public health infrastructure and services. CIP funds are therefore also being directed to the health sector. Recently, the Ministry of Health, Wellness and Elderly Affairs donated a haematology analyser and immunoassay analyser to St. Jude Hospital in the coastal town of Vieux Fort. These additions to the healthcare infrastructure will strengthen the delivery of diagnostic testing in the country. In this instance, both young and elderly citizens will reap the benefits of CIP funds.

This is just one of the various impacts of resources generated by Saint Lucia’s Citizenship by Investment Programme. However, it is not just the country’s citizens but also investors who benefit from the programme. They gain a safe, secure and stable environment from which to grow their families and businesses.

SAINT LUCIA: CITIZENSHIP BY INVESTMENT PROGRAMME (CIP)

Saint Lucia is the latest Caribbean country to open its borders to Citizenship by Investment. Although the programme was launched just six years ago in 2016, it is already considered one of the top three countries for Citizenship by Investment, according to the CBI Index of 2022. The CIP of Saint Lucia provides numerous benefits such as:

1: Providing investors with global mobility

2: Delivering opportunities for diversifying investors’ portfolios

3: Planning wealth and business expansion overseas

4: Gaining a citizenship that can be passed down to future generations.

Saint Lucia’s Citizenship by Investment programme is also notable for the ease of its application process. This includes five steps:

Step 1: Completion of the application by applicants.

Step 2: Submission of the application via the CIP Portal.

Step 3: Document verification by the CIP Unit and the undergoing of due-diligence processes.

Step 4: The selection or rejection of the application by the board.

Step 5: The provision of certification, subject to selection.

Contact Information:
Nandi Canning
nandi.canning@csglobalpartners.com
+27 82 821 5664

Dominica paves clear path to climate resiliency amid climate-related disasters

ROSEAU, Dominica, Sept. 26, 2022 (GLOBE NEWSWIRE) — The climate crisis is real. Several severe weather patterns are confirming this.

Take Pakistan, the scale of the recent deadly flooding in that country is staggering to say the least. Floods triggered by early monsoon rains began in June and remained intense throughout the season. A full one-third of Pakistan is underwater—an amount of land that exceeds the total area of the United Kingdom. More than 30 million people or 15 percent of the population have been affected – 1,200 people have lost their lives and half a million are homeless.

After Hurricane Maria left an estimated 90 percent of buildings damaged or destroyed in Dominica in 2019, the small Caribbean Island of just 70,000 has been on a clear path to become the first climate-resilient nation by 2030.

According to Germanwatch’s 2021 Global Climate Risk Index – an Index that analyses to what extent countries and regions have been affected by impacts of weather-related loss event – Dominica ranked 11th out of 150 countries at risk based on an analysis of extreme weather events between 2000 and 2019. Two factors were cited for Dominica: the impact of global warming on rising sea levels that increase the risk of storm surges, and the increase in the strength of hurricanes. Dominica is at risk to earthquakes and volcanic eruptions, floods and landslides, and hurricanes.

The Prime Minister of Dominica, Dr Roosevelt Skerrit, has been an advocate and voice for sustainability, urging nations across the globe to implement serious and tangible measures to deal with global warming as they impact smaller nations more acutely.

He recently conveyed his condolences over material and human losses caused by the floods in Pakistan and again called upon the international community to stand together to act against climate change in order to mitigate its often-deadly consequences. He said, “Together, we must ensure a better future for our coming generations.”

Taking to Twitter he stated, “The Commonwealth of Dominica stands in solidarity with Pakistan at this time of crisis. Climate change is destroying the world, and it is now our time to take responsible actions.”

Dominica is leading the fight against climate change, and the government continues to invest in new projects and programmes to achieve their goal of resiliency and having the strength to fight back when catastrophic events occur.

This year marks five years since Dominica witnessed the witnessed the deadliest Hurricane Maria.

Dominica’s objective to become resilient by 2030 needs around EC$4 billion to EC$5 billion in funding and around 40 percent of that funding could come from funds generated through the country’s citizenship by investment programme.

In response to the destruction caused by Hurricane Maria, Dominica launched a climate resilience policy framework to help guide its recovery journey in the form of the National Resilience Development Strategy 2030 (NRDS). The NRDS speaks to the overall policy framework of the government and summaries 43 resilience goals desired to assure that development is people centred.

The Climate Resilience and Recovery Plan of Dominica aims to build strong communities, build a robust economy, have a well-planned and durable infrastructure; strengthen institutional systems and, protect and sustain natural and other unique assets.

It centres around three pillars: structural resilience, financial resilience, and post-disaster resilience.

Pillar 1: Structural resilience:

Under this pillar, the government of Dominica strives to build a resilient infrastructure capable of withstanding natural disasters, including category five hurricanes. It includes the construction of climate-resilient homes, healthcare centres, roads, bridges, airports and schools.

The revolutionary “Housing Initiative” will deliver climate-resilient homes to the public, who were displaced as a result of Tropical Storm Erika and Hurricane Maria in 2015 and 2017, respectively. The government is aiming to construct more than 5 000 climate-resilient homes and has already handed over keys to about 1 500 families who were displaced by Hurricane Maria.

The construction of 40 climate-resilient homes in the Salybia constituency commenced in February 2022.

In July of this year, Dominica also launched the “Future Housing Programme” which provides reasonably priced homes to youth aged 45 or younger.

The World Bank Emergency Agriculture Livelihoods and Climate Resilience Project is a five-year projects worth US$25 million and it aims to restore agricultural livelihoods and enhance the climate resilience of farmers and fishers affected by Hurricane Maria.

The project will ensure:

  • Farmers adopt new technologies and climate-smart practices for increasing modification and climate resilience in the crop, livestock, and fishing sectors;
  • Reconstruction and climate proofing of key agriculture infrastructure.

Several bridges have been built and damaged roads have been rehabilitated with the inclusion of slope retention walls and expanded sections to increase capacity and facilitate the movement of larger construction machinery.

Pillar 2: Financial Resilience:

The government of Dominica is implementing institutional fiscal reform to ensure stronger fiscal resilience which will aid in the strengthening of debt sustainability utilising several key institutional fiscal areas.

Pillar 3: Post Disaster and Social Resilience

This pillar helps encourage farmers to plant more root crops which are more resilient to heavy rain and wind, increases farmer training programmes and government assistance with the provision of seeds and fertilizers. The government’s plan to strengthen food security, includes specific policies for the resiliency of the agriculture and fisheries industries.

During a time when larger and more developed countries have been holding talk-shops about finding accurate solutions to climate change, Dominica has emerged with concrete and efficient plans and strategies to mitigate the effects of these global issues.

Nandi Canning (PR Dominica) nandi.canning@csglobalpartners.com +27828215664