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Giving £2 a day to people in the Amazon helps protect rainforest, pilot project finds
World

Giving £2 a day to people in the Amazon helps protect rainforest, pilot project finds

Researchers say almost 90% of participants in unconditional basic income scheme in Peru adopted environmentally beneficial practicesA pioneering project to provide Indigenous people in the Peruvian Amazon with an unconditional basic income has contributed to the protection of the rainforest, according to a study.The analysis from the University of Bath is expected to contribute to a growing debate about the role of direct payments to communities that maintain globally important ecosystems. Continue reading...

The Guardian Positive
India’s record US$108b Jio IPO tests market faith as Musk rivalry heats up
World

India’s record US$108b Jio IPO tests market faith as Musk rivalry heats up

The coming launch of India’s largest-ever initial public offering (IPO) will test investor confidence in the country’s leading telecoms operator, Jio Platforms, the digital arm of billionaire Mukesh Ambani’s Reliance Industries. Jio’s public share offer on Wednesday comes close on the heels of an escalating row between Ambani and Elon Musk. The SpaceX founder has accused the Indian industrialist of using monopolistic influence to block Starlink’s entry into India – a charge Reliance has denied,...

South China Morning Post Neutral