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CCC launches bamboo development campaign for climate resilience and economic growth
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CCC launches bamboo development campaign for climate resilience and economic growth

THE Climate Change Commission (CCC) has launched a campaign to advance progressive bamboo development as a nature-based solution (NbS) that supports climate action, strengthens resilience, and unlocks sustainable economic opportunities for communities.Dubbed “Kawayan: Kabalikat ng Klima at Komunidad,” the campaign aims to raise public awareness on bamboo’s role in climate action and promote inclusive and sustainable development that places communities at the center of resilience building.CCC Vice Chairman and Executive Director Robert E.A. Borje emphasized bamboo’s strategic value as both an ecological solution and an economic driver, underscoring the need to expand and diversify bamboo species as part of the country’s long-term climate and development agenda.He said that bamboo offered multiple benefits to communities, as it absorbed carbon emissions that drive global warming, stores water, and provides natural protection against climate impacts such as strong winds and flooding.“Bamboo is a powerful partner in climate action. It captures carbon, reduces the impact of strong winds and storms, and supports ecosystem stability. These outcomes reflect the strength of nature-based solutions anchored in the National Adaptation Plan (NAP) to advance science-based and evidence-driven adaptation efforts,” Borje said.“With wider and well-planned bamboo development, we can strengthen climate resilience, reinforce adaptation measures, and protect communities, especially those most exposed to climate risks,” he added.The NAP serves as the country’s primary policy framework for climate adaptation, providing a science-based and evidence-informed roadmap for reducing climate risks.Developed under the administration of President Ferdinand Marcos Jr., the NAP advances the government’s vision for climate-smart development and more effective, coordinated adaptation action.Borje also said that bamboo contributed to national economic growth, particularly through furniture manufacturing and engineered bamboo products that offer strong domestic and global market potential.“Engineered bamboo alone has the capacity to generate up to P400 billion in annual revenue. This figure does not yet account for the many small-scale enterprises that depend on bamboo for crafts, housing materials, and local products,” Borje said.“Through bamboo cultivation, we create jobs, support local industries, and advance climate action at the same time,” he added.According to the CCC, the Philippines has an estimated 39,000 to 53,000 hectares of land suitable for bamboo cultivation.This vast potential highlights opportunities to strengthen community livelihoods while contributing to a more resilient and progressive economy, particularly in rural and climate-vulnerable areas, the commission said.Also, the CCC stated that the Philippines is home to around 70 bamboo species, 21 of which are endemic or found only in the country.This biodiversity reflects the country’s natural wealth and supports its position as the sixth-largest bamboo exporter globally, while opening pathways for green jobs that align with global climate goals.The CCC is the lead policy-making body of the government tasked to coordinate, monitor, and evaluate government programs and ensure mainstreaming of climate change in national, local, and sectoral development plans towards a climate-resilient and climate-smart Philippines.

#ECONOMY
Traffic is a key concern about new Walmart in The Villages
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Traffic is a key concern about new Walmart in The Villages

Walmart" data-image-caption="" data-medium-file="https://www.villages-news.com/wp-content/uploads/2025/03/Walmart-300x200.webp" data-large-file="https://www.villages-news.com/wp-content/uploads/2025/03/Walmart.webp" />A resident of the Phillips Villas in the Village of Woodbury explains the concerns residents have about the new Walmart.Read more: Traffic is a key concern about new Walmart in The Villages

#TECH
Why The Market Cap Argument For XRP Price Not Reaching $10,000 Is ‘Flawed’
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Why The Market Cap Argument For XRP Price Not Reaching $10,000 Is ‘Flawed’

The debate over whether the XRP price could reach $10,000 has reignited in the crypto market. However, this time, one crypto analyst challenges the common argument that market capitalization could limit XRP’s growth. According to the analyst, this claim is flawed and does not take into context XRP’s liquidity and utility as a global settlement currency. Why Market Cap Does Not Limit Price Surge To $10,000 Some critics argue that XRP would never hit $10,000 because doing so would make its market capitalization exceed the global money supply. Market analyst Crypto_Luke has addressed this misconception in a recent X post, emphasizing that market cap does not limit the XRP price in any way. Related Reading: Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP The analyst explained that market cap is simply the last traded price multiplied by a cryptocurrency’s circulating supply, which is a snapshot of overall trading activity and not a reflection of how much money is required to achieve a certain price. He noted that the common criticism that market capitalization represents the amount of money invested in an asset is inaccurate. One reason Crypto_Luke believes the market cap argument is flawed is that it fails to account for how XRP operates. Unlike assets designed primarily for storing value, such as BTC, XRP is designed for rapid liquidity and settlement across global corridors. He stated that XRP can be used multiple times in a single day, facilitating transactions without requiring additional capital. As a result, he suggests that XRP’s price is determined by its “actively traded float,” rather than by the total supply that is idle. In his analysis, Crypto_Luke emphasized that liquidity and price adjustments go hand-in-hand in XRP’s design. He explained that assets that move quickly through settlements allow the blockchain network to satisfy demand without requiring equivalent dollar-for-dollar backing. As XRP’s transaction volume increases, its price naturally adjusts to reflect the value of its utility rather than a fixed market cap. The analyst noted that XRP’s supply was intentionally designed to be large, fixed, and non-reissuable. This structure supports a multi-trillion-dollar liquidity pool and enables the network to handle high-volume settlement throughput. XRP Market Cap Crashes Nearly 10% More recently, XRP faces additional downward pressure, as CMC data shows that the cryptocurrency’s market capitalization has crashed by nearly 10%. As of writing, XRP’s market cap has fallen to approximately $79.25 billion following a massive decline in its price over the past 24 hours. Related Reading: XRP Completes ‘Super Guppy Compression’ Against Bitcoin, Next Target Emerges The downturn aligns with the broader market sell-off across major cryptocurrencies, as sentiment has become increasingly bearish. XRP has been among the worst affected, with its price slipping toward $1.3, marking its lowest levels since 2024. The cryptocurrency shows no clear signs of a rebound despite a recent surge in daily trading volume, which has increased by more than 148%. Featured image from Freepik, chart from Tradingview.com

#TECH