FOR IMMEDIATE RELEASE
AlphaSource Advisors LLC with Global Assets and Wealth (GAW) Initiative and will Co-Chair the GAW Forum in Singapore
New York August 8, 2018 – AlphaSource Advisors, a leading Impact Investment Manager, has announced a partnership today with the Global Assets and Wealth Initiative (GAW) with Platinum Circle, the world's leading business group involving corporations with annual revenues exceeding USD100 million, governments and intergovernmental organisations from Asia, Oceania, North America, Europe, Middle East, Africa, Central and Latin America.
The GAW Initiative's objective is to drive greater collaboration and cooperation in building future economic, business and social wealth. Within it, AlphaSource Advisors is an expert voice on environmental and social impact investments and climate-smart supply chains for impact and sharing its insights through the GAW Initiative, Forums and Workshops.
AlphaSource’s Managing Partner, Noelle-Claire LeCann, will serve as a Co-Chair for the GAW Forum in Singapore on 31 August. She will be discussing how impact investments can enhance returns and improve diversification in portfolios as well as the opportunities for uncorrelated returns and lower risk through blended capital structures with over 200 business and government leaders as well as accredited investors. "I'm delighted and honored to Co-Chair the GAW Forum in Singapore to discuss the synergistic potential of impact investing to a broad, diverse and influential audience," said LeCann.
"We are delighted to have AlphaSource Advisors as a Partner and Co-Chair for the GAW Initiative and the GAW Forum in Singapore," said Lionel Lee, Chairman of Platinum Circle. "AlphaSource Advisors shares insights that create real solutions for the environment, poverty, social injustice and protecting wildlife while generating market returns for investors with our institutional leaders, policy makers and high net worth individuals gathering from the US, Europe, Middle East, Africa and Asia to Singapore. As a leader in the Impact Investing space, Ms LeCann is well placed to help us understand the best ways to leverage and invest in this area".
AlphaSource Advisors is also recognised as a member of Platinum Circle and its Community of over 1,800 private and public sector organisations representing impact focused investment and funds from the US.
The GAW Forum is Singapore is a two-day closed door meeting that brings a distinct peer group of decision makers from corporations, governments and IGOs in addition to wealthy individuals and families from the Platinum Circle Community and invited guests together on 31 August and 1 September 2018. Limited access may be available through nomination by AlphaSource Advisors or contacting Platinum Circle via the GAW website at: https://globalassetsandwealth.com
About AlphaSource Advisors: AlphaSource Advisors is an asset manager focused on producing market-rate returns through environmentally and socially responsible investments. Technology and market-based approaches, such as climate-smart commodities, Blockchain, and the United Nations REDD+ Framework offer effective approaches to applying innovative market-based solutions to reduce greenhouse gasses while reducing investment risk.
About Platinum Circle: Platinum Circle is the world's leading business group consisting of over 1,800 corporations with annual turnover exceeding USD100 million, governments and intergovernmental organisations representing more than 20 industries and 90 markets across the 6 continents. The Global Assets and Wealth Initiative (GAW) galvanises the Platinum Circle Community worldwide to identify and engage opportunities and challenges at international, country and organisation levels to build future economic, business and social wealth. It also invites investors, entrepreneurs, small-business owners, technologists, fund managers, regulators, policy makers, philanthropists and high net worth individuals from across industries and markets interested in doing more business, building more assets and creating more economic, business and social wealth together with Platinum Circle. Learn more at: https://platcircle.com/
FORESTS – KEY TO THE SOLUTION
A holistic and robust forest community landscape is crucial for sustainable development. The triple bottom line investment strategy, with a focus on the people, planet and profit, can combat deforestation while providing investors with targeted returns. Studies show that without additional action, the intended nationally determined contributions (INDCs) are insufficient to limit warming to below 2°C and avoid some of the worst climate impacts. The Paris Agreement commitments to reduce emissions still leave a 12B-14B ton gap by 2030. In order to bridge this shortfall, a comprehensive initiative must be taken. It begins with the forest. The AlphaSource Climate Fund supports sustainable forest conservation development while establishing quantifiable impact metrics for investors. Our goal is to reduce at least 175 million tCO2e/yr, which would contribute to 17.5% of the global forest emission reduction target by 2020. With differentiated access to impact and returns, exposure to investment opportunities is dispersed within a vetted pipeline of sustainable forest conservation developers in a REDD+ marketplace and VERs (Verified Emission Reductions). The pipeline includes 20 countries that make up 77% of all historical forest emissions identified below. Assuming a mean carbon price of $6/tCO2e (avg. price achieved by Wildlife Works from 2012 – 2015), this would create revenues of $1B/yr. Sharing this revenue will generate a real financial alternative to destructive use of the forest, creating the basis for low carbon economies within forest communities, as well as within local and national governments. More than thirty million acres are deforested every year, causing 7B tons of GHG emissions. However, we can enable communities to protect these forests. The preservation and reconstruction of this wildlife habitat through the AlphaSource Climate Fund provides a litany of benefits. While mitigating millions of tons of CO2 from seeping into the atmosphere, our initiative makes an investment within the local communities as well. It supports infrastructure improvements, healthcare, education and the conversion to renewable energy sources. Water access, purification and conservation are a central focus with reverberating effects such as the reduction in the risk of disease through improved waste management. The investment in climate-smart technologies will enhance efficiencies and reduce commodity pipeline carbon footprints, a pivotal step to enable a sustainable livelihood for these communities. Forests are the cornerstone, which support the entire system. Therefore, it becomes an imperative to support these mechanisms that will continuously provide an incentive for conservation. The uncorrelated, global and diversified returns ensure our exposure to impact investment opportunities that support experienced REDD+ developers which meet our criteria. Transformative REDD+ projects address local, regional and national Green Development goals that serve international climate mitigation objectives. The drivers of deforestation are critically targeted by investing in six dimensions of green development. These include:- Food
- Education
- Health
- Job Creation
- Energy
- Infrastructure or Housing