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Category: Farming

  • MIL-OSI Asia-Pac: Promotion of Aquaculture Insurance

    Source: Government of India

    Posted On: 01 APR 2025 3:42PM by PIB Delhi

    The Ministry of Fisheries Animal Husbandry and Dairying is implementing various schemes for development of Fisheries, Animal Husbandry and Dairying sectors which inter-alia include (i) Pradhan Mantri Matsya Sampada Yojana (PMMSY), (ii) Fisheries and Aquaculture Infrastructure Development Fund (FIDF), (iii) Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), (iv) Livestock Health and Disease Control Programme, (v) Infrastructure Development Fund, (vi) Dairy Development, (vii) Rashtriya Gokul Mission, (viii) Livestock Census & ISS, (ix) National Livestock Mission and (x) Dairying through Cooperatives.  During the year 2024-25, an amount of Rs. 5113.00 crore has been allocated and an amount of Rs.3459.74 crore has been spent for various activities across the country under these above schemes by 23rd March, 2025.

    The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY 2023-24 to FY 2026-27 at an estimated outlay of ₹6000. The Component 1-B of PM-MKSSY provides onetime incentive to the aquaculture farmers against purchase of insurance with farm size upto 4 hectares of water spread area.

     The ‘onetime incentive’ is provided at the rate of 40% of the cost of premium subject to the ceiling of ₹25000 per hectare of water spread area of the aquaculture farm. The maximum incentive payable to single farmer is ₹100,000 upto farm size of 4 hectares of water spread area. For intensive form of aquaculture other than farms such as cage culture, Re-circulatory Aquaculture System (RAS), bio-floc, raceways, etc. the incentive payable is 40% of premium. The maximum incentive payable is ₹1 lakh and the maximum unit size eligible is 1800 m3. The aforesaid benefit of ‘onetime incentive’ is provided for aquaculture insurance purchased for one crop only i.e. one crop cycle.  Scheduled Caste (SC), Scheduled Tribe (ST) and Women beneficiaries would be provided an additional incentive @ 10% of the incentive payable for General Categories. 

    The Component 3 of PM-MKSSY provides financial incentive to fisheries micro and small enterprises in the form of Performance Grant for adoption of value chain efficiencies, safety and quality assurance systems in fish and fishery products against a set of measurable parameters. The quantum of Performance Grant is: (i) for microenterprise, 25% of the total investment or, ₹35 lakhs, whichever is lower, for General Category and 35% of total investment or, ₹45 lakhs, whichever is lower, for SC, ST and Women owned microenterprises. (ii) for Small enterprise, 25% of total investment or ₹75 lakhs, whichever is lower, for General Category and 35% of total investment or ₹100 lakhs, whichever is lower, for Scheduled Caste (SC), Scheduled Tribe (ST) and Women owned small enterprises. (iii) for Village Level Organizations and Federations of Self Help Groups (SHGs), Fish Farmer Producer Organisation (FFPOs) and Cooperatives, 35% of total investment or ₹200 lakhs, whichever is lower.

    This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 1st April, 2025.

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    AA

    (Release ID: 2117260) Visitor Counter : 73

    Read this release in: Hindi

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Entrepreneurship in Fisheries Sector

    Source: Government of India

    Posted On: 01 APR 2025 3:32PM by PIB Delhi

    The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India has organized the Fisheries Startup Conclave on 8th March, 2025 at Hyderabad, Telangana to promote innovation and entrepreneurship in the fisheries sector. During the Conclave, the ‘Fisheries Startup Grand Challenge 2.0’ was launched with the aim to encourage the startups to develop transformative solutions in the fisheries sector and to drive innovation, sustainability and efficiency by supporting Startups with seed funding and incubation.  The Fisheries Startup Conclave witnessed active participation from over 50 fisheries startups, highlighting their innovations in areas such as aquaculture, fisheries technology, and value addition. Key outcomes of the conclave included the identification of potential areas for promoting innovation and sustainability, challenges and opportunities for startups regarding validation of their products & services, access to funding, market linkages, technology adoption and sustainability concerns.

    Under Fisheries Startup Grand Challenge 2.0, two Startup winners will be selected    for each of the five problem statements, resulting in a total of 10 Grand Winners. Each winning Startup will receive a cash prize of Rs. 10.00 lakh, amounting to Rs. 1 crore in seed funding support. Winning Startups will gain access to incubation facilities and mentorship provided by ICAR, National Fisheries Development Board, and attached offices of the Department of Fisheries, GoI. This challenge presents a unique opportunity for fisheries-focused startups to develop high-impact solutions, scale their innovations, and contribute to the growth and modernization of India’s fisheries sector. Earlier, on 13th January, 2022, Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying in collaboration with the Startup India under the Invest India, DPIIT, Government of India organised the Fisheries Grand Challenge 1.0, wherein,12 Startup winners were selected and awarded a cash grant of Rs 2.00 lakh each, including an incubation support and a seed grant up to Rs. 20.00 lakh (General category) and Rs. 30.00 lakh (SC/ST/Women) to 10 winners for transforming their ideas into effective pilots, which would further translate into commercialization. Further, the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India has also sanctioned 39 Nos of Project Proposals with subsidy assistance of Rs. 31.22 Crores, under the Entrepreneur Model of Pradhan Mantri Matsya Sampada Yojana (PMMSY) scheme.

    The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying Government of India is focusing on the areas in fisheries technology, aquaculture, and value addition by supporting a basket of interventions/activities along the fisheries value chain including quality fish production, expansion, diversification and intensification of aquaculture, promotion of export oriented species, infusion of technology, robust disease management and traceability, training and capacity building, creation of modern post-harvest infrastructure with seamless cold chain and processing facilities. The technology infusion and adoption has been enhanced through establishment of 52,058 reservoir cages, 22,057 RAS & Biofloc units and raceways and 1,525 sea cages approved under PMMSY with an investment of Rs. 3040.87 crore. The Department of Fisheries has collaborated with several research institutions under Indian Council of Agricultural Research (ICAR) and private incubators to boost the fisheries startup ecosystem.

    The Department of Fisheries has supported the establishment of five fisheries business incubation centers namely LINAC-NCDC Fisheries Business Incubation Centre (LlFIC), Guwahati Biotech Park, Assam, National Institute of Agricultural Extension Management (MANAGE), Hyderabad, ICAR-Central Institute of Fisheries Education (CIFE), Mumbai and ICAR-Central Institute of Fisheries Technology (CIFT), Kochi to provide mentorship and training for developing business models by fisheries start-ups, cooperatives, FPOs, and SHGs.

    The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying Government of India has approved construction/modernization of 66 Fishing Harbors (FHs) and 50 Fish Landing Centers (FLCs) with total outlay of Rs. 9,558.91 crore that are expected to create safe landing and berthing for about 47,000 fishing vessels, benefitting 8.94 lakhs fishers and other stakeholders. 3 Smart & Integrated Fishing Harbours are being developed with global standards, technological advancements, seamless hygienic and post-harvest management etc. Under Fisheries Infrastructure and Aquaculture Development Fund (FIDF) 141 proposals have been approved with a total project cost of Rs. 5915.54 crore. This included establishment/ upgradation/maintenance of 22 Fishing harbours and 24 Fish Landing Centres at an outlay of Rs. 4,905.77 crore and Rs. 182.20 crore, respectively. 6.16 lakh stakeholders are expected to benefit, and 2.5 lakh employment opportunities will be created including 8,000 stakeholders benefiting from 33 private investment projects.

    Under Pradhan Mantri Matsya Sampada Yojana (PMMSY) and Fisheries and Aquaculture Infrastructure Development Fund (FIDF) the Department of Fisheries has approved the development of post-harvest interface viz- cold storage, fish processing and Marketing infrastructure. The major post-harvest and Marketing infrastructure include; 66 fishing harbours/fish landing centres, 634 ice plants/cold storages, 21 Modern wholesale fish markets including 3 Smart Wholesale Markets, 202 retail fish markets, 6694 fish kiosks, 27118 units of fish transportation facilities, 128 value add enterprises, 5 E-platform for e-trading and e-marketing of fish and fisheries products. Further, the Department of Fisheries signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) with an objective to provide a digital platform and empower all stakeholders including traditional fishermen, fish farmers producer organization, entrepreneurs from fisheries sector to buy and sell their products through e-market place. Further, PMMSY has supported 2195 fisheries cooperatives as Fish Farmers Producer Organizations (FFPOs) with project outlay of Rs. 544.85 crore to facilitate fishermen with better market linkages, improved bargaining power and sustainable value-chain for higher returns.

    This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Shri George Kurian, in a written reply in Lok Sabha on 1st April, 2025.

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    AA

    (Release ID: 2117253) Visitor Counter : 102

    Read this release in: Hindi

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION: MEASURES TO IMPROVE INDIA’S GLOBAL RANKING IN TEXTILE MANUFACTURING

    Source: Government of India

    Posted On: 01 APR 2025 10:09AM by PIB Delhi

    In order to popularize Indian textiles in global market and to promote Indian textiles, the Government is implementing various schemes/initiatives. The major schemes/initiatives include PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme which seeks to create a modern, integrated , world class textile infrastructure; Production Linked Incentive (PLI) Scheme focusing on Man Made Fibre (MMF) Fabric, MMF Apparel and Technical Textiles to boost large scale manufacturing and enhancing competitiveness; National Technical Textiles Mission focusing on Research Innovation & Development, Promotion and Market Development; SAMARTH – Scheme for Capacity Building in Textile Sector with the objective providing demand driven, placement oriented, skilling program; Silk Samagra-2 for comprehensive development of sericulture value chain ; National Handloom Development Program for end to end support for handloom sector. Ministry of Textiles is also implementing National Handicrafts Development Programme and Comprehensive Handicrafts Cluster Development Scheme for promotion of handicraft artisans. Under these schemes, support is provided for marketing, skill development, cluster development, direct benefit to artisans, infrastructure and technology support etc.

    Government provides Minimum Support Price (MSP) to ensure remunerative prices to cotton farmers and saves them from distress sales in any eventuality of Fair Average Quality (FAQ) cotton prices falling below MSP. During Cotton season 2023-24 also, Cotton Corporation of India (CCI) supported the cotton farmers and procured 32.84 lakh bales valuing Rs. 11,712 crore under MSP operations, benefitting about 7.25 lakh cotton farmers in all cotton growing States. During the current cotton season 2024-25, CCI has procured a total of Rs. 99.41 lakh bales as on 25.03.2025 out of total arrival of 260.11 lakh bales.

    Further, for global branding of Indian Textile, Government has registered Kasturi Cotton India’s brand as a trademark to give a unique identity to Premium Quality Indian Cotton.

    A successful Global Mega Textile Event BHARAT TEX 2025 was organized in February, 2025 by Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles, Government of India to showcase, India’s prowess as a premier textile manufacturing hub, encompassing the entire value chain from raw materials to finished products. The event highlighted diversity and richness of Indian textiles, while emphasizing the industry’s manufacturing strength, global competitiveness as well as its commitment to sustainability and circularity.

    This information was provided by THE MINISTER OF STATE FOR TEXTILES SHRI PABITRA MARGHERITA in a written reply to a question in Rajya Sabha today.

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    DHANYA SANAL K

    (Rajya Sabha US Q3356)

    (Release ID: 2117114) Visitor Counter : 64

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION: SUPPORT TO SILK FARMERS AND WEAVERS

    Source: Government of India

    Posted On: 01 APR 2025 10:07AM by PIB Delhi

    The Government through implementation of Silk Samagra-2 scheme has extended support for the development of sericulture industry in the country and to increase the productivity & livelihoods of silk farmers and weavers. So far, an assistance of Rs. 1,074.94 crore has been extended to State Governments covering around 78,000 beneficiaries, for implementation of beneficiary oriented critical field level components under the scheme.

    Further, under the National Handloom Development Programme and Raw Material Supply Scheme implemented by the Handloom sector, support to handloom workers including silk handloom workers is provided.

    The thrust of the ongoing Silk Samagra-2 scheme is to become Aatmanirbhar in silk sector.  The initiatives under Silk Samagra-2 scheme are to enhance international grade bivoltine silk production and boosting of silk exports.

    The Government aims to establish India as a global leader in silk production and exports through a multi-pronged strategy focusing on production enhancement, quality improvement, infrastructure development, R&D, and market expansion.

    This information was provided by THE MINISTER OF STATE FOR TEXTILES SHRI PABITRA MARGHERITA in a written reply to a question in Rajya Sabha today.

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    DHANYA SANAL K

    (Rajya Sabha US Q3348)

    (Release ID: 2117109) Visitor Counter : 54

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: APEDA Boosts Millet Exports with Trade Fairs, Exhibitions & Global Promotions

    Source: Government of India

    Posted On: 01 APR 2025 4:16PM by PIB Delhi

    Department of Commerce, through Agricultural & Processed Food Products Export Development Authority (APEDA) organized trade fairs, exhibitions and Millet Conclave for awareness, usage and export promotion of millets. Under the International Year of Millets 2023, a host of activities were conducted in close association with Indian Embassies/Missions and Government departments, which included millet themed participation in international trade fairs, sampling events, millet galleries, international buyer seller meets etc. Further, Millets are one of the key focus areas for enhanced branding and publicity in key global and domestic fairs, in which APEDA participates.

    The Government of India launched the National Mission on Natural Farming (NMNF), to promote natural farming in a mission mode across the country as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers’ Welfare. NMNF aims at promoting natural farming practices for providing safe & nutritious food for all. There is significant scope for promotion of India’s natural products abroad, based on availability of certified natural products, given the global trend of increasing demand for healthy and chemical free produce.

    The government is taking focused initiatives for boosting India’s agricultural exports making India a key exporter of agricultural products. Some of the key initiatives are:

    i. Broad basing India’s agricultural export basket by exporting new products.

    ii. Penetration of exports into new markets.

    iii. Exporting from new producing regions and exports.

    iv. Enhanced branding and promotion of India’s agricultural produce.

    v. Increase export realization by value added agri exports.

    vi. Expanding exports of Organic products.

    vii. Enhanced training and capacity building of producers and stakeholders to ensure quality produce and meeting of phyto-sanitary requirements of importing countries.

    viii. Development of Sea Protocols for enhancing exports of Perishable Horticultural produce.

    ix. Linking Farmers Producers Organizations (FPOs) and Self Help Groups(SHGs)to the export value chain.

    x. Enhanced market access through FTAs and engagements with trading partners.

    To enhance the export of Indian agricultural products and to protect exporters from protectionist trade policies, the Government is actively engaging in intensive bilateral discussions with respective importing countries to secure market access and to address trade barriers. The Government is also engaging in Free Trade Agreement (FTA) discussions with trading partners for duty-free/concessional access to those countries. In case of barriers in the form of strict Sanitary and Phytosanitary (SPS)/Technical Barriers to Trade (TBT), efforts are made to resolve them through bilateral meetings with trading partners and in case of their no-resolution, by raising Specific Trade Concerns (STCs) at the World Trade Organization (WTO).

    This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

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    Abhishek Dayal /Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2117282) Visitor Counter : 20

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: All gazetted beaches continue to meet bacteriological Water Quality Objective (with photos)

    Source: Hong Kong Government special administrative region

         The Environmental Protection Department (EPD) released the 2024 Beach Water Quality Report today (April 1). The report reveals that all 42 gazetted beaches in Hong Kong continued to fully achieve the bacteriological Water Quality Objective (WQO) for bathing waters in that year, with 23 beaches ranked as “Good” and the remaining 19 ranked as “Fair”. No beaches were ranked as “Poor” or “Very Poor”.
     
         An EPD spokesman said, “All gazetted beaches have fully complied with the WQO for 15 consecutive years since 2010.
     
         “The satisfactory beach water quality over the years is attributed to various pollution control and environmental improvement measures implemented by the Government, including the enforcement of the Water Pollution Control Ordinance and Livestock Waste Control Scheme, extension of the sewerage network to the beach hinterland, and the implementation of the Harbour Area Treatment Scheme.
     
         “The EPD will continue to embrace the use of innovative technologies to enhance the effectiveness of environmental water quality management, with a view to protecting and improving beach water quality to safeguard the health of swimmers,” the spokesman added.
     
         The 2024 Beach Water Quality Report can be found at the EPD’s website (www.epd.gov.hk/epd/beach).

    MIL OSI Asia Pacific News –

  • MIL-OSI Africa: African Development Bank approves $19.85 million grant for emergency support to the most vulnerable in Sudan’s conflict areas

    Source: Africa Press Organisation – English (2) – Report:

    NAIROBI, Kenya, April 1, 2025/APO Group/ —

    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $19.85 million grant to support emergency humanitarian operations in Sudan, with a strong focus on improving women’s livelihoods and easing the impact of the ongoing conflict on communities and infrastructure.                                                              

    The Crisis Response for Women and Affected Communities in Sudan project takes a gender-responsive approach to urgent humanitarian needs. Since April 2023, armed conflict has devastated critical infrastructure and triggered a humanitarian crisis that has disproportionately impacted women and children the hardest.

    In the short term, the Crisis Response for Women and Affected Communities in Sudan project will train and mobilize frontline workers such as health professionals, midwives, water and sanitation specialists, and market facilitators. The project will also restore five health facilities and four emergency centers in conflict zones, as well as construct and rehabilitate 10 water and energy systems in urban and rural settings.

    The Bank financing also facilitates delivery of emergency food aid, from lentils and sorghum to other staples like tea leaves and sugar. Some 60,000 people will receive farming inputs like fertilizers and seeds this year alone. The project will facilitate cash grants to support livelihoods of another 125,000 people, with a focus on women and their dependents, as well as survivors of gender-based violence.

    Overall, the project will benefit 1.5 million Sudanese, or 265,000 households, of which 65 percent are estimated to be led by women. The Bank categorizes the Crisis Response for Women and Affected Communities in Sudan project “Category 1” on its Gender Marker System, indicating “the principal objective of the project directly addresses gender equality and/or women’s empowerment.”

    “Peace, security and stability are urgently needed for Sudanese communities to reach its full potential,” Dr. Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development, said about the project.

    “The Crisis Response for Women and Affected Communities in Sudan project will help restore social services and economic opportunities to some of the country’s most vulnerable communities. The Bank financing will also strategically promote inclusive and resilient economic activities,” she added.

    The Bank’s Transition Support Facility (https://apo-opa.co/3DNnQfy) is financing the project. The Facility, introduced in 2008, provides additional concessional resources to countries facing situations of fragility and conflict.

    The International Committee of the Red Cross, or ICRC, will draw on its deep operational experience and long-standing presence in Sudan to implement the Crisis Response for Women and Affected Communities in Sudan project. The ICRC will work through existing staffing and infrastructure, which include specialists in monitoring and evaluation, environment and safeguards, gender, procurement, and communications.

    This Bank crisis response operation, implemented in collaboration with the ICRC, goes beyond short-term humanitarian interventions to invest in long-term resilience and sustainable development with a focus on women and affected communities. It adopts a humanitarian-development-peace nexus approach which blends urgent humanitarian relief with efforts to lay the foundation for long-term development and peace. While addressing the conflict with a rapid response focused on food security and other livelihood support, the project’s focus remains on early recovery tactics for affected communities and displaced populations.

    To date, an estimated eight million Sudanese have been displaced, and another 1.6 million — mostly women and children — have been forced to flee to neighboring countries. Supporting Sudan’s stabilization requires coordinated efforts of combined immediate relief laying the foundation for long-term development and lasting stability. Policy dialogue will be key to ensuring women’s participation in crisis management.

    MIL OSI Africa –

  • MIL-OSI: Limekiln Wind Farm, Scotland: Boralex’s First Production Site in the United Kingdom Now Operational

    Source: GlobeNewswire (MIL-OSI)

    EDINBURGH, United Kingdom, April 01, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce that the Limekiln Wind Farm and all its turbines are operational. Limekiln Wind Farm, located near Thurso in Caithness, is the Corporation’s flagship project in Scotland and its first operational site in the United Kingdom, with an installed capacity of 106 MW.

    “I am extremely proud of the Boralex team, whose expertise and dedication over the past few years have enabled us to reach this historic milestone for the company today,” said Patrick Decostre, President and CEO. “The UK is a key geography in achieving our growth and diversification objectives, and the operation of Limekiln Wind Farm enables us to strengthen our strategic position in the UK, while contributing to the global energy transition.”

    “The operational phase announced today is a major step towards achieving our ambition of increasing our portfolio of ready-to-build and operational renewable energy assets in the UK, a market with high development potential, to 1 GW by 2030,” said Nicolas Wolff, Senior Vice President and General Manager, Europe. “It is also the result of valuable consultation work with local communities carried out by our teams, who have been present on the ground since the very first stages of the project.”

    Limekiln Wind Farm consists of 24 Vestas V136-4.5MW wind turbines, measuring 150m to the tip of the blade. Apart from zero-carbon electricity, the wind farm will also deliver a full package of social, economic and environmental benefits, including biodiversity enhancements such as a native species planting scheme and a peat restoration programme, as well as a Community Benefit Fund of over £500,000 annually for the life of the project.

    This project benefits from a government-backed 15-year Contract for Difference (CfD) that will start in April 2028. Boralex has entered into a power purchase agreement (PPA) with Statkraft, one of the leading PPA providers in the UK, to cover the period between commissioning of the wind farm, and the beginning of the CfD.

    In addition, the project offers local employment opportunities: the site’s operation would support at least 8 direct jobs and around 50 indirect jobs. Lastly, the wind farm will provide sufficient electricity to meet the needs of around 100,000 British homes every year, based on the average generation mix of UK power sources.

    For more information, please visit the Limekiln Wind Farm page on our website.

    Boralex accelerates its development in the United Kingdom

    The operation of Limekiln Wind Farm comes at a time of strong growth for Boralex in the UK. Since 2023, the Company has expanded its team from 10 to 23 renewable energy professionals and aims to recruit more than a dozen new employees by the end of the year in all departments. Two major milestones were reached in the past year, with the closing of financing and the signing of the Corporate PPA for Limekiln Wind Farm. Boralex also acquired the Sallachy (wind – up to 50 MW) and Clashindarroch Extension (wind – 145 MW and storage – 50 MW) projects. Boralex opened a new office in Ringwood, in the south of England, in January 2025, allowing it to continue its growth in this region and in Wales.

    Caution Regarding Forward-Looking Statements

    Some of the statements contained in this press release are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements, or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by the Company, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events or other changes.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have development activities and production facilities in the United States and the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. Our pipeline of projects and growth path total over 8 GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook and LinkedIn.

    For more information

    MEDIA INVESTOR RELATIONS
    Camille Laventure
    Senior Advisor, Public Affairs and External Communications

    Boralex Inc.

    438 883-8580
    camille.laventure@boralex.com

    		 Stéphane Milot
    Vice President, Investor Relations and Financial Planning and Analysis

    Boralex Inc.

    514 213-1045
    stephane.milot@boralex.com
       
    MEDIA – UNITED KINGDOM  
    Marlies Koutstaal
    Communications Manager

    Boralex United Kingdom

    07876 341561
    marlies.koutsaal@boralex.com

    		  
       

    Source: Boralex inc.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d9ca4d0-9894-41e3-9bb7-e3a68e59e4b5

    The MIL Network –

  • MIL-OSI Europe: Answer to a written question – Ensuring food security in the face of meteorological and climate threats – E-000397/2025(ASW)

    Source: European Parliament

    A range of EU policies currently support the development and uptake of technologies for the agricultural sector to assist in climate change adaptation — including the Common Agricultural Policy (CAP) and Horizon Europe[1].

    The Commission’s communication on ‘A Vision for Agriculture and Food’[2], addresses related issues and paves the way forward. It notes the importance of research, development and innovation to improve the competitiveness of agriculture, forestry and rural areas, and states that the CAP will continue to support agricultural knowledge and innovation system (AKIS) strategies. It also addresses aspects of the climate change adaptation challenge other than technology-related needs.

    With regard to data on EU food security, the Commission invites the Honourable Member to explore the rich databases available[3].

    With regard to the agricultural reserve, the aforementioned Vision for Agriculture and Food notes that the Commission and Member States should ensure policy coherence between risk and crisis management tools, and greater flexibilities for their uptake.

    The functioning of the agricultural reserve should be carefully assessed to refocus it on specific crises of a specific magnitude, such as major market disturbances and animal/plant health issues, while the provision of exceptional support to farmers should be better linked to appropriate risk management and preventive measures.

    • [1] https://research-and-innovation.ec.europa.eu/funding/funding-opportunities/funding-programmes-and-open-calls/horizon-europe_en
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52025DC0075
    • [3] https://agridata.ec.europa.eu/extensions/DataPortal/food-supply-security.html
    Last updated: 1 April 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Boosting support to farmers in view of the challenges of the new CAP – E-000096/2025(ASW)

    Source: European Parliament

    The Vision for Agriculture and Food presented on 19 February 2025[1] contains an ambitious roadmap and the different work streams towards an agri-food system that is attractive, competitive, future-oriented and fair for current and future generations.

    The Commission is of the opinion that working towards a more environmentally sustainable and competitive sector must and can go hand in hand.

    Going forward to achieve both objectives, the vision envisages a more inclusive approach, with a focus to build trust and dialogue across the entire agri-food system in the EU, to work towards solutions that are tailored to specific contexts in a pragmatic way.

    Working towards a sustainable agri-food sector, the transition must integrate economic, environmental and implementation challenges, as well as the need for a just transition in social terms.

    It must also recognise specificities of farming: on the one hand, agriculture will always have a degree of impact on natural resources, with limitations in terms of mitigation compared to other sectors of the economy. On the other, it needs to cater for the resources it depends on.

    Also, situations across regions and territories differ greatly. This calls for well-tailored and targeted solutions. The future Common Agricultural Policy (CAP) for the period post-2027 will consider all these elements.

    Meanwhile, the Commission continues its efforts to simplify the delivery of the current CAP in view of reducing the administrative burden and providing more flexibility to farmers and national administrations.

    The second simplification package of the current CAP is expected for the second quarter of 2025.

    • [1]  https://agriculture.ec.europa.eu/vision-agriculture-food_en#:~:text=Shaping%20the%20future%20of%20farming%20and%20the%20agri-food,entire%20value%20chain%20within%20the%20EU%20and%20globally

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Justification and conditionality of financial support to South Africa under the Global Gateway initiative – E-001120/2025

    Source: European Parliament

    Question for written answer  E-001120/2025
    to the Commission
    Rule 144
    Milan Zver (PPE)

    The Commission has announced that it will invest EUR 4.7 billion in South Africa under the Global Gateway initiative to support sustainable projects and the development agenda.

    Recent reports point to increasing violence against white farmers in the country, and Amnesty International has reported various human rights violations and high levels of crime and economic inequality. South Africa also faces challenges of corruption and inefficiencies in public services, where international funds are often used in a way that is not transparent.

    • 1.Before approving this comprehensive package, did the Commission take note of these reports and carry out an in-depth analysis to ensure that EU funds do not support or indirectly finance structures that violate human rights?
    • 2.Is the aid linked to respect for human rights and reporting of violence against white farmers and other groups, and what specific monitoring will the Commission carry out to check how the funds are being used and effectively prevent any misuse or siphoning off of the funds into undemocratic structures?
    • 3.The EU currently needs more resources to defend itself and face up to its economic challenges. In light of these priorities, does the Commission consider that an investment of this amount is justified, especially if there is a risk of serious human rights violations, and what action will the Commission take in the event of any misuse?

    Submitted: 17.3.2025

    Last updated: 1 April 2025

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Acorn Farm’s New Gate Lodge Garden officially opens

    Source: Northern Ireland – City of Derry

    Acorn Farm’s New Gate Lodge Garden officially opens

    1 April 2025

    Spring has certainly sprung in the new Acorn Farm Gate Lodge Garden located at the St Columb’s Park Gate Lodge which has been officially opened by the Mayor of Derry City and Strabane District Council, Councillor Lilian Seenoi Barr.

    The new garden is part of the ambitious Acorn Farm Project, a partnership project supported by funding from The National Lottery Community Fund’s, Climate Action Fund and the UK Government.

    Mayor Barr was joined by pupils from St Anne’s Primary School in Derry, who had the opportunity to learn about the importance of seed planting and growing cycles, and taste the benefits of the freshly harvested food.

    The new space has been created to connect local communities, families, households and food producers with sustainable food practices, healthy eating and climate-friendly learning. It will help facilitate elements of the Acorn Farm’s wider engagement programme through events, workshops and guided visits.

    The Acorn Farm project is delivered by a partnership team consisting of Derry City and Strabane District Council, The Community Foundation for Northern Ireland, The Conservation Volunteers, Developing Healthy Communities and Community Garden Support.

    Officially opening the gardens, Mayor Barr said they provided a beautiful learning space for all ages. “I am thrilled to be here today and to see the next stage in the development of the Acorn Farm project. There is a fantastic array of produce already being grown, and local people can draw on the expertise from local horticulturists and other experienced growers. Congratulations to everyone involved in realising this wonderful new green space.”

    Paul Sweeney, Northen Ireland Chair of The National Lottery Community Fund, said: “I am delighted to be at the Gate Lodge Gardens today for the official opening and to see the progress made so far in the Acorn Farm Project, which has been supported by over £2 million of National Lottery funding.

    “A priority of The National Lottery Community Fund’s strategy to 2030 is to support communities in becoming environmentally sustainable. Innovative and ambitious projects like Acorn Farm are a fantastic example of our funding being put into action by communities, by creating a movement and helping develop more sustainable and responsible ways of sourcing and producing food.

    “Well done to everyone involved in developing this community hub which will boost mental health, encourage physical activity and build stronger community connections.”

    Shauna Kelpie, Community Foundation for Northern Ireland said: “What we see here today is the culmination of outstanding collaboration between partner organisations committed to improving the lives of local people and our environment through access to more sustainable food choices. This project kick starts so many ‘green focused’ activities and will be life changing for so many families now and into the future.”

    The total funding investment pot of £6.2m in capital infrastructure (UK Government and Derry City and Strabane District Council) and over £2m (National Lottery Community Fund’s Climate Action Fund) in skills-based engagement programmes, is assisting local people to take climate action through food choice and make the link between sustainable food and better health outcomes for this generation and future ones.

    Find out more about the project at https://acornfarmni.com/

    MIL OSI United Kingdom –

  • MIL-OSI Submissions: Australia – CBA Emergency Assistance for flood affected areas in Queensland and NSW

    Source: Commonwealth Bank of Australia (CBA)

    Special arrangements are in place to assist customers who may need additional support in flood affected areas in Queensland and NSW.

    Commonwealth Bank will provide its Emergency Assistance to customers and businesses in areas affected by flooding in Queensland and NSW.

    Retail Banking Services Group Executive, Angus Sullivan, said: “We want our customers to know that we are here to help them. We are thinking of everyone in the impacted regions and have several measures in place to support affected customers and employees through this challenging time.

    “We also want to thank the emergency services teams and volunteers who work tirelessly to help keep our communities safe.”

    CBA understands each customer will have different needs and we encourage them to discuss their individual circumstances by either contacting the bank in the CommBank app or phoning 1800 314 695. Business customers can also call 1800 314 695 or speak with their dedicated CommBank relationship manager.

    For more information on the support we’re providing to impacted communities, visit: commbank.com.au/support/emergency-assistance.

    CBA Emergency Assistance includes a range of options for eligible customers, including:

    Customised payment arrangements for home loans, business loans, personal loans and credit cards.
    Waiving fees and charges, including waiving fees for temporary and damaged merchant EFTPOS terminals, as well as support with merchant terminal rental fees.
    Temporary overdrafts, additional loans or emergency credit limit increases (subject to credit approval).
    Waiving fees and notice periods for early access to Term Deposits (including Farm Management Term Deposits).
    Emergency accommodation may be available for customers who have taken out Home Insurance provided by Hollard, distributed by CommBank, subject to making a claim and policy terms and conditions.
    Helping direct claims enquiries for customers seeking support through their Home Insurance provided by Hollard, distributed by CommBank.

    To access this support, customers should contact the bank through the CommBank app. Alternatively, they can call 1800 314 695. Branch availability and further information about CBA’s Emergency Assistance is available online at commbank.com.au/support/emergency-assistance.

    For emergency help call the State Emergency Service on 132 500 or visit your State Emergency Service Website

    Queensland: ses.gov.qld.au
    NSW: ses.nsw.gov.au

    In a life-threatening emergency call 000 (triple zero).

    During this time customers should also remain vigilant and be extra cautious of unexpected calls or messages claiming to be from well-known organisations including banks, telecommunications companies and government agencies.

    CommBank will never send customers links in text messages directing them to sites that ask for passwords, and customers should never click on any of these they receive.

    If customers receive an unexpected call claiming to be from CommBank, they should ask the caller to verify the legitimacy of the call by using CallerCheck which triggers a security message in the CommBank App.

    How customers can better protect themselves from scams

    • Stop: Does a call, email or text seem off? The best thing to do is stop. Take a breath. Real organisations won’t put you under pressure to act instantly.
    • Check: Ask someone you trust or contact the organisation the message claims to be from.
    • Reject: If you’re unsure, hang up on the caller, delete the email, block the phone number.
    • Change your passwords.

    MIL OSI – Submitted News –

  • MIL-OSI Europe: Minutes – Monday, 31 March 2025 – Strasbourg – Final edition

    Source: European Parliament 2

    Present:

    Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Alexandraki Galato, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andresen Rasmus, Andrews Barry, Andriukaitis Vytenis Povilas, Androuët Mathilde, Angel Marc, Annemans Gerolf, Antoci Giuseppe, Arias Echeverría Pablo, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Axinia Adrian-George, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Barley Katarina, Barna Dan, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bausemer Arno, Bay Nicolas, Bay Christophe, Beke Wouter, Beleris Fredis, Bellamy François-Xavier, Benifei Brando, Benjumea Benjumea Isabel, Beňová Monika, Bentele Hildegard, Berendsen Tom, Berger Stefan, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Boeselager Damian, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Bosanac Gordan, Boßdorf Irmhild, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brandstätter Helmut, Brasier-Clain Marie-Luce, Braun Grzegorz, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Bryłka Anna, Buchheit Markus, Buczek Tomasz, Buda Daniel, Buda Waldemar, Budka Borys, Bugalho Sebastião, Buła Andrzej, Bullmann Udo, Burkhardt Delara, Buxadé Villalba Jorge, Bystron Petr, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Cârciu Gheorghe, Carême Damien, Caspary Daniel, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cavedagna Stefano, Ceccardi Susanna, Cepeda José, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Christensen Asger, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Cisint Anna Maria, Clergeau Christophe, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Crosetto Giovanni, Cunha Paulo, Dahl Henrik, Danielsson Johan, Dauchy Marie, Dávid Dóra, David Ivan, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Demirel Özlem, Devaux Valérie, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Di Rupo Elio, Disdier Mélanie, Dobrev Klára, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostalova Klara, Droese Siegbert Frank, Dworczyk Michał, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Estaràs Ferragut Rosa, Everding Sebastian, Ezcurra Almansa Alma, Falcă Gheorghe, Falcone Marco, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Ferenc Viktória, Fernández Jonás, Fidanza Carlo, Fiocchi Pietro, Firea Gabriela, Firmenich Ruth, Fita Claire, Flanagan Luke Ming, Fourlas Loucas, Fourreau Emma, Fragkos Emmanouil, Freund Daniel, Frigout Anne-Sophie, Friis Sigrid, Fritzon Heléne, Froelich Tomasz, Fuglsang Niels, Funchion Kathleen, Furet Angéline, Furore Mario, Gahler Michael, Gál Kinga, Galán Estrella, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Geese Alexandra, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glück Andreas, Glucksmann Raphaël, Goerens Charles, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, Gonçalves Sérgio, González Casares Nicolás, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gozi Sandro, Grapini Maria, Gražulis Petras, Gregorová Markéta, Griset Catherine, Groothuis Bart, Grossmann Elisabeth, Grudler Christophe, Gualmini Elisabetta, Guarda Cristina, Guetta Bernard, Guzenina Maria, Győri Enikő, Gyürk András, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hansen Niels Flemming, Hassan Rima, Hauser Gerald, Häusling Martin, Hava Mircea-Gheorghe, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Herranz García Esther, Hetman Krzysztof, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Ijabs Ivars, Imart Céline, Incir Evin, Inselvini Paolo, Iovanovici Şoşoacă Diana, Jalloul Muro Hana, Jamet France, Jarubas Adam, Jerković Romana, Jongen Marc, Joński Dariusz, Joron Virginie, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Junco García Nora, Jungbluth Alexander, Kaliňák Erik, Kaljurand Marina, Kalniete Sandra, Kamiński Mariusz, Kanev Radan, Kanko Assita, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kemp Martine, Kennes Rudi, Khan Mary, Kircher Sophia, Knotek Ondřej, Kobosko Michał, Kohut Łukasz, Kolář Ondřej, Kollár Kinga, Kols Rihards, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovařík Ondřej, Kovatchev Andrey, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kubín Tomáš, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lakos Eszter, Lalucq Aurore, Langensiepen Katrin, Laššáková Judita, László András, Latinopoulou Afroditi, Laurent Murielle, Laureti Camilla, Lazarov Ilia, Lazarus Luis-Vicențiu, Leggeri Fabrice, Lenaers Jeroen, Leonardelli Julien, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Loiseau Nathalie, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Lucano Mimmo, Luena César, Łukacijewska Elżbieta Katarzyna, Lupo Giuseppe, McAllister David, Madison Jaak, Maestre Cristina, Magoni Lara, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Mantovani Mario, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Mariani Thierry, Marino Ignazio Roberto, Marquardt Erik, Martins Catarina, Martusciello Fulvio, Marzà Ibáñez Vicent, Mato Gabriel, Matthieu Sara, Maydell Eva, Mayer Georg, Mazurek Milan, Mažylis Liudas, McNamara Michael, Mebarek Nora, Mehnert Alexandra, Meimarakis Vangelis, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Milazzo Giuseppe, Millán Mon Francisco José, Minchev Nikola, Miranda Paz Ana, Molnár Csaba, Montero Irene, Montserrat Dolors, Morace Carolina, Morano Nadine, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mullooly Ciaran, Mureşan Siegfried, Muşoiu Ştefan, Nagyová Jana, Nardella Dario, Navarrete Rojas Fernando, Nemec Matjaž, Nerudová Danuše, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nevado del Campo Elena, Nica Dan, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolaou-Alavanos Lefteris, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Novakov Andrey, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Ohisalo Maria, Oliveira João, Omarjee Younous, Ó Ríordáin Aodhán, Orlando Leoluca, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Panayiotou Fidias, Papadakis Kostas, Papandreou Nikos, Pappas Nikos, Pascual de la Parte Nicolás, Paulus Jutta, Pedro Ana Miguel, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Pérez Alvise, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picula Tonino, Piera Pascale, Pietikäinen Sirpa, Pimpie Pierre, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Prebilič Vladimir, Princi Giusi, Protas Jacek, Pürner Friedrich, Radev Emil, Radtke Dennis, Ratas Jüri, Razza Ruggero, Regner Evelyn, Repasi René, Repp Sabrina, Ressler Karlo, Reuten Thijs, Riba i Giner Diana, Ricci Matteo, Ridel Chloé, Riehl Nela, Ripa Manuela, Rodrigues André, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sánchez Amor Nacho, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sardone Silvia, Šarec Marjan, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schaller-Baross Ernő, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schneider Christine, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Sidl Günther, Sienkiewicz Bartłomiej, Sieper Lukas, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Solís Pérez Susana, Sommen Liesbet, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Squarta Marco, Staķis Mārtiņš, Stancanelli Raffaele, Ştefănuță Nicolae, Steger Petra, Stier Davor Ivo, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Strada Cecilia, Streit Joachim, Strik Tineke, Strolenberg Anna, Sturdza Şerban Dimitrie, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarczyński Dominik, Tarquinio Marco, Târziu Claudiu-Richard, Tegethoff Kai, Temido Marta, Teodorescu Georgiana, Terheş Cristian, Ter Laak Ingeborg, Terras Riho, Tertsch Hermann, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobback Bruno, Tobé Tomas, Tolassy Rody, Tomac Eugen, Tomašič Zala, Tomaszewski Waldemar, Tomc Romana, Tonin Matej, Toom Jana, Topo Raffaele, Tosi Flavio, Toussaint Marie, Tovaglieri Isabella, Tridico Pasquale, Tsiodras Dimitris, Turek Filip, Tynkkynen Sebastian, Uhrík Milan, Vaidere Inese, Valchev Ivaylo, Valet Matthieu, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Varaut Alexandre, Vasconcelos Ana, Vasile-Voiculescu Vlad, Vedrenne Marie-Pierre, Verheyen Sabine, Veryga Aurelijus, Vešligaj Marko, Vicsek Annamária, Vieira Catarina, Vigenin Kristian, Vilimsky Harald, Vincze Loránt, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vozemberg-Vrionidi Elissavet, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsh Maria, Walsmann Marion, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Weimers Charlie, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Wilmès Sophie, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wolters Lara, Yar Lucia, Yoncheva Elena, Zacharia Maria, Zalewska Anna, Žalimas Dainius, Zarzalejos Javier, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zīle Roberts, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

    Excused:

    Hojsík Martin

    MIL OSI Europe News –

  • MIL-Evening Report: Torrential rains created inland seas in outback Queensland. Soon, they will supersize Kati Thanda-Lake Eyre

    Source: The Conversation (Au and NZ) – By Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia

    The small Queensland town of Eromanga bills itself as Australia’s town furthest from the sea. But this week, an ocean of freshwater arrived.

    Monsoon-like weather has hit the normally arid Channel Country of inland Queensland. Some towns have had two years’ worth of rain in a couple of days. These flat grazing lands now resemble an inland sea. Dozens of people have been evacuated. Others are preparing to be cut off, potentially for weeks. And graziers are reporting major livestock losses – more than 100,000 and climbing. In some areas, the flooding is worse than 1974, the wettest year on record in Australia.

    Why so much rain? Tropical, water-laden air has been brought far inland from the oceans to the north and east. This can happen under normal climate variability. But our ocean temperatures are the highest on record, which supercharges the water cycle.

    In coming weeks, this huge volume of water will wend its way through the channels and down to fill Kati Thanda-Lake Eyre, the ephemeral lake which appears in the northern reaches of South Australia. It’s likely this will be a Lake Eyre for the ages.

    In the first three months of the year, deadly record-breaking floods hit northern Queensland before Cyclone Alfred tracked unusually far south and made landfall in southeast Queensland, bringing widespread winds and rains and leaving expensive repair bills. Now the rain has come inland.

    Why so much rain in arid areas?

    Some meteorologists have dubbed this event a pseudo-monsoon. That’s because the normal Australian monsoon doesn’t reach this far south – the torrential rains of the monsoonal wet season tend to fall closer to the northern coasts.

    Because the Arafura and Timor Seas to the north are unusually warm, evaporation rates have shot up. Once in the air, this water vapour makes for very humid conditions. These air masses are even more humid than normal tropical air, because they have flowed down from the equator. Many Queenslanders can vouch for the intense humidity.

    But there’s a second factor at work. At present, Australia’s climate is influenced by a positive Southern Annular Mode. This means the belt of intense westerly winds blowing across the Southern Ocean has been pushed further south, causing a ripple effect which can lead to more summer rain in Australia’s southeast, up to inland Queensland. This natural climate driver has meant easterly winds have blown uninterrupted from as far away as Fiji, carrying yet more humid air inland.

    Many inland rivers in Queensland are in major flood (red triangles) as of April 1.
    Bureau of Meteorology, CC BY

    These two streams of converging humid tropical air were driven up into the cooler heights of the atmosphere by upper and surface low pressure troughs, triggering torrential rain over wide areas of the outback

    While these humid air masses have now dumped most of their water, more rain is coming in the aftermath of the short-lived Cyclone Dianne off northwest Australia. These rains won’t be as intense but may drive more flood peaks over already saturated catchments.

    This is why it has been so wet in what is normally an exceptionally dry part of Australia.

    What is this doing to the Channel Country?

    Many Australians have never been to the remote Channel Country. It’s a striking landscape, marked by ancient, braided river channels.

    Even for an area known for drought-flood cycles, the rainfall totals are extreme. This is a very rare event.

    People who live there have to be resilient and self-sufficient. But farmers and graziers are bracing for awful losses of livestock. Livestock can drown in floodwaters, but a common fate is succumbing to pneumonia after spending too long in water. After the water moves down the channels, it will leave behind notoriously boggy and sticky mud. This can be lethal to livestock and native animals, which can find themselves unable to move.

    Where will the water go next?

    Little of these temporary inland seas will ever reach the ocean.

    Some of the rain has fallen in the catchment of the Darling River, where it will flow down and meet the Murray. The Darling is often filled by summer rains, while the Murray gets more water from autumn and winter rains. This water will eventually reach the Southern Ocean.

    But most of the rain fell further inland. The waters snaking through the channels will head south, flowing slowly along the flat ground for weeks until it crosses the South Australian border and begins to fill up Kati Thanda-Lake Eyre. Here, the waters will stop, more than 300 km from the nearest ocean at Port Augusta, and fill what is normally a huge, salty depression and Australia’s lowest point, 15 metres below sea level.

    When Kati Thanda-Lake Eyre fills, it creates an extraordinary spectacle. Millions of brine shrimp will hatch from eggs in the dry soil. This sudden abundance will draw waterbirds in their millions, while fish carried in the floodwaters will spawn and eat the shrimp. Then there are the remarkable shield shrimps, hibernating inland crabs and salt-adapted hardyhead fish.

    It’s rare that Kati Thanda-Lake Eyre fills up – but when it does, life comes to the desert.
    Mandy Creighton/Shutterstock

    The rain event will send enough water to keep Lake Eyre full for many months and it usually takes up to two years for it to dry out again. We can expect to see a huge lake form – the size of a small European country. Birdwatchers and biologists will flock to the area to see the sight of a temporary sea in the desert.

    Eventually, the intense sun of the outback will evaporate every last drop of the floodwaters, leaving behind salted ground and shrimp eggs for the next big rains.

    As the climate keeps warming, we can expect to see more sudden torrential rain dumps like this one, followed by periods of rapid drying.

    Steve Turton has previously received funding from the federal government.

    – ref. Torrential rains created inland seas in outback Queensland. Soon, they will supersize Kati Thanda-Lake Eyre – https://theconversation.com/torrential-rains-created-inland-seas-in-outback-queensland-soon-they-will-supersize-kati-thanda-lake-eyre-253529

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: Why do I see or smell smoke?

    Source:

    With calm autumn conditions across much of the state, communities can expect to see smoke in the air as a mix of planned burns, private burns under CFA’s permit system and agricultural burns take place over the coming weeks.

    While current conditions are ideal for burning, weather patterns may cause smoke to linger over parts of the state overnight and through to early morning on some days.

    FFMVic Chief Fire Officer Chris Hardman said it is crucial fire agencies take advantage of favourable conditions when they present.  

    “Planned burning on public land is one of the tools FFMVic uses to keep Victoria safer from bushfires,” Mr Hardman said.

    “Our climate is changing and that means finding the right days for safe and effective planned burning is becoming more challenging. Autumn typically provides our crews more opportunities to conduct planned burns, as the weather is more stable, and fire behaviour tends to be manageable and predictable

    “With the current favourable weather and forest conditions, we are delivering as much planned burning as we can.

    “Reducing dry vegetation such as grass, leaves, bark, shrubs and small fallen branches means fires are less intense and slower to spread, making it more likely that firefighters can keep bushfires small and contained before they pose a risk to communities.

    “We work closely with Country Fire Authority (CFA), Environment Protection Authority (EPA) and Bureau of Meteorology to keep the smoke impact from planned burns as low as possible. We make every effort to make sure favourable weather conditions reduce smoke drift into communities.

    “Victorians can register to receive notifications of upcoming planned burns at the Planned Burns Victoria website.”

    CFA Chief Officer Jason Heffernan is urging Victorians to understand permit requirements before conducting private burn-offs while the Fire Danger Period (FDP) remains in place across most of Victoria.

    “We are now starting to issue schedule 13 permits to farmers to burn crop stubble to kill off weeds and reduce pests, however we remind Victorians, that no burning off is to occur unless people have received permission,” Mr Heffernan said.

    “While the FDP has ended in East Gippsland, it remains in place across the rest of Victoria. It is vital that landowners check local conditions are safe and appropriate before burning off – both on the day and the days following.

    “You may see a large amount of smoke in areas where these activities take place, so we ask farmers to let their neighbours know who may be sensitive to smoke so they can take necessary precaution.

    “Any burning off activity should have enough water and resources on hand to monitor and extinguish and Triple Zero Victoria must be notified as awareness for emergency services and community members.”

    Victoria’s Chief Environmental Scientist Professor Mark Patrick Taylor said EPA understands smoke from any source, including planned burns and private burn-offs can cause health concerns.

    “Be prepared by watching for FFMVic planned burn notifications and by checking the air quality in your area through EPA’s AirWatch,” Professor Taylor said.

    “Your nose is also an excellent smoke detector. If you can smell smoke, take the necessary precautions to protect your health.”

    The Planned Burns Victoria website has details of all planned burns currently on the three-year Joint Fuel Management Program, visit  https://plannedburns.ffm.vic.gov.au/.

    To find out what can and can’t be done during fire danger period, visit https://www.cfa.vic.gov.au/warnings-restrictions/fire-bans-ratings-and-restrictions/can-i-or-cant-i

    Check fire restrictions and register private burns at www.firepermits.vic.gov.au or call 1800 668 511.

    Detailed information about current air quality throughout Victoria can be found on EPA’s website.

    Visit the EPA website for tips about looking after health when there is smoke.

    Submitted by CFA Media

    MIL OSI News –

  • MIL-OSI Economics: Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

    Source: Reserve Bank of India

    RBI/2025-26/03
    FIDD.CO.GSSD.BC.No.02/09.09.001/2025-26

    April 01, 2025

    The Chairman/ Managing Director / Chief Executive Officer
    All Scheduled Commercial Banks (including Small Finance Banks)

    Madam/ Dear Sir,

    Master Circular – Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

    The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs). The enclosed Master Circular consolidates the circulars issued by Reserve Bank on the subject till date, as listed in the Appendix.

    Yours faithfully,

    (R. Giridharan)
    Chief General Manager

    Master Circular – Credit Facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

    Banks should take the measures indicated below to step up their advances to SCs/STs.

    1. Planning Process

    1.1 The District Level Consultative Committees formed under the Lead Bank Scheme should continue to be the principal mechanism of co-ordination between banks and development agencies in this regard. The district credit plans formulated by the Lead Banks should clearly indicate the linkage of credit with employment and development schemes.

    1.2 Banks will have to establish closer liaison with the District Industries Centres, which have been set up in different districts for promoting self-employment.

    1.3 At the block level, a certain weightage is to be given to SCs/STs in the planning process. Accordingly, the credit planning should be weighted in their favour and special bankable schemes suited to them should be drawn up to ensure their participation and larger flow of credit to them for self-employment. It will be necessary for the banks to consider their loan proposals with utmost sympathy and understanding.

    1.4 Banks should periodically review their lending procedures and policies to see that loans are sanctioned in time, are adequate and production-oriented and that they generate incremental income to make them self-liquidating.

    1.5 While formulating the Block/ District Credit Plan, special focus may be given to villages with sizeable population of SC/ST communities/ specific localities (bastis) in the towns/villages having a concentration of these communities.

    2. Role of Banks

    2.1 Bank staff may help the borrowers in filling up the forms and completing other formalities so that they are able to get credit facility within a stipulated period from the date of receipt of applications.

    2.2 In order to encourage SC/ST borrowers to take advantage of credit facilities, greater awareness among them about various schemes formulated by banks needs to be created through various means such as brochures, visits by field staff etc so that salient features of the schemes, as also the advantages that will accrue to them are known to such borrowers. Banks should advise their branches to organize meetings more frequently exclusively for SC/ST beneficiaries to understand their credit needs and to incorporate the same in the credit plan.

    2.3 Circulars issued by RBI/NABARD should be circulated among the staff for compliance.

    2.4 Banks should not insist on deposits while considering loan applications under Government sponsored poverty alleviation schemes/self-employment programmes from borrowers belonging to SCs/STs. It should also be ensured that applicable subsidy is not held back while releasing the loan component till the full repayment of bank dues. Non-release of subsidy upfront amounts to under-financing and hampers asset creation/income generation.

    2.5 The National Scheduled Tribes Finance & Development Corporation and National Scheduled Castes Finance & Development Corporation have been set up under the administrative control of Ministry of Tribal Affairs and Ministry of Social Justice & Empowerment, respectively. Banks should advise their branches/controlling offices to render all the necessary institutional support to enable these institutions to achieve the desired objectives.

    2.6. Loans sanctioned to State Sponsored Organisations for Scheduled Castes/ Scheduled Tribes for the specific purpose of purchase and supply of inputs and/or the marketing of the outputs of the beneficiaries of these organisations are eligible for priority sector classification.

    2.7 Rejection of SC/STs’ loan applications under government programmes should be done at the next higher level instead of at the branch level and reasons of rejection should be clearly indicated.

    3. Role of SC/ST Development Corporations

    The Government of India has advised all State Governments that the Scheduled Caste/Scheduled Tribes Development Corporations can consider bankable schemes/proposals for bank finance.

    4. Reservations for SC/ST beneficiaries under major Centrally Sponsored Schemes.

    There are several major centrally sponsored schemes under which credit is provided by banks and subsidy is received through Government Agencies. Credit flow under these schemes is monitored by RBI. Under each of these, there is a significant reservation/relaxation for the members of the SC/ST communities.

    4.1 Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)

    DAY-NRLM (previously known as NRLM) was launched by the Ministry of Rural Development, Government of India by restructuring the erstwhile Swarnajayanti Gram Swarozgar Yojana, effective from April 1, 2013. DAY-NRLM would ensure adequate coverage of vulnerable sections of the society such that 50% of these beneficiaries are SCs/STs. Details of the scheme are available in the Master Circular on DAY-NRLM as updated from time to time.

    4.2 Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

    The Ministry of Housing and Urban Affairs (MoHUA), Government of India, launched the DAY-NULM (previously known as NULM) by restructuring the erstwhile Swarna Jayanti Shahari Rozgar Yojana (SJSRY), effective from September 24, 2013. Under DAY-NULM, advances should be extended to SCs/STs to the extent of their strength in the local population. Details of the scheme are available in the Master Circular on DAY-NULM as updated from time to time.

    4.3 Differential Rate of Interest (DRI) Scheme

    Under the DRI Scheme, banks provide finance up to ₹15,000/- at a concessional rate of interest of 4 per cent per annum to the weaker sections of the community for engaging in productive and gainful activities. In order to ensure that persons belonging to SCs/STs also derive adequate benefit under the DRI Scheme, banks have been advised to grant eligible borrowers belonging to SCs/STs such advances to the extent of not less than 2/5th (40 percent) of total DRI advances. Further, the eligibility criteria under DRI, viz. size of land holding should not exceed 1 acre of irrigated land and 2.5 acres of unirrigated land, are not applicable to SCs/STs. Members of SCs/STs satisfying the income criteria of the scheme can also avail of housing loan up to ₹20,000/- per beneficiary over and above the individual loan of ₹15,000/- available under the scheme.

    5. Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC)

    The CEGSSC was launched by Ministry of Social Justice & Empowerment on May 6, 2015 with the objective of promoting entrepreneurship amongst the Scheduled Castes (SCs), by providing credit enhancement guarantee to Member Lending Institutions (MLIs), which extend financial assistance to these entrepreneurs. IFCI Ltd. has been designated as the Nodal Agency under the scheme, to issue the guarantee cover in favour of MLIs for financing SC entrepreneurs.

    Individual SC entrepreneurs/Registered Companies and Societies/Registered Partnership Firms/Sole Proprietorship firms having more than 51% shareholding and management control for the previous 6 months by SC entrepreneurs/ promoters/ members are eligible for guarantee from IFCI Ltd. against the loans extended by MLIs.

    The amount of guarantee cover under CEGSSC ranges from a minimum of ₹0.15 cr to a maximum of ₹5.00 cr.

    The tenure of guarantee is up to a maximum of 7 years or repayment period, whichever is earlier.

    6. Monitoring and Review

    6.1 A special cell should be set up at the Head Office of banks for monitoring the flow of credit to SC/ST beneficiaries. Apart from ensuring the implementation of the RBI guidelines, the cell would also be responsible for collection of relevant information/data from the branches, consolidation thereof and submission of the requisite returns to RBI and Government.

    6.2 The Head Office of banks should periodically review the credit extended to SCs/STs on the basis of returns and other data received from the branches. Any major gap or variation in credit flow to SCs/STs on a year to year basis should be reported to the Board as part of the review on the theme of “Financial Inclusion” in terms of circular DBR No.BC.93/29.67.001/2014-15 dated May 14, 2015.

    6.3 Banks should review the measures taken to enhance the flow of credit to SC/ST borrowers on a quarterly basis. The review should also consider the progress made in lending to these communities directly or through the State Level Scheduled Caste/Scheduled Tribe Corporations for various purposes based, amongst others, on field visits of the senior officers from the Head Office/Controlling Offices.

    6.4 SLBC Convenor bank should invite the representative of National Commission for SCs/STs to attend SLBC meetings. Besides, the Convenor bank may also invite representatives from the National Scheduled Castes and Scheduled Tribes Finance and Development Corporation (NSFDC) and State Scheduled Castes and Scheduled Tribes Finance and Development Corporation (SCDC) to attend SLBC meetings.

    7. Reporting Requirements

    Data on advances to SCs and STs should be reported as prescribed in the Master Direction on Priority Sector Lending as updated from time to time, within the time frames stipulated.

    Appendix

    Credit Facilities to Scheduled Castes / Scheduled Tribes

    List of Circulars Consolidated in the Master Circular

    No. Circular No. Date Subject
    1. DBOD.No.BP.BC.172/C.464(R)-78 December 12, 1978 Role of Banks in Promoting Employment
    2. DBOD.No.BP.BC.8/C.453(K)-Gen January 09, 1979 Agricultural Credit to Small and Marginal Farmers
    3. DBOD.No.BP.BC.45/C.469(86)-81 April 14, 1981 Credit Facilities to SC / ST
    4. DBOD.No.BP.BC.132/C.594-81 October 22, 1981 Recommendations of the Working Group on the Development of Scheduled Castes
    5. RPCD.No.PS.BC.2/C.594-82 September 10, 1982 Credit Facilities to SC / ST
    6. RPCD.No.PS.BC.9/C.594-82 November 05, 1982 Concessional Bank Finance to SC / ST Development Corporations
    7. RPCD.No.PS.BC.4/C. 594-83 August 22, 1983 Credit Facilities to SC / ST
    8. RPCD.No.PS.BC.20/C.568(A)-84 January 24, 1984 Credit Facilities to SC / ST – Rejection of Loan Applications
    9. RPCD.No. CONFS.62/PB-1-85/86 July 24, 1985 Role of Private Sector Banks in Lending to SCs / STs
    10. RPCD.No.SP.BC.22/C.453(U)-85 October 09, 1985 Credit Facilities to Scheduled Tribes under DRI Scheme
    11. RPCD.No.SP.BC.129/C.594(Spl)/88-89 June 28, 1989 National SC / ST Finance and Development Corporation
    12. RPCD.No.SP.BC.93/C.594.MMS-90/91 March 13, 1991 Scheduled Caste Development Corporation (SCDCs) – Instructions on Unit Cost
    13. RPCD.No.SP.BC.122/C.453(U)-90-91 May 14, 1991 Housing Finance to SCs / STs – Inclusion under the DRI
    14. RPCD.No.SP.BC.118/C.453(U)-92/93 May 27, 1993 Priority Sector Advances – Housing Finance
    15. RPCD.No.LBS.BC.86/02.01.01/96-97 December 16, 1996 Inclusion of National Commission for SCs / STs in State Level Bankers Committees (SLBCs)
    16. RPCD.No.SP.BC.124/09.09.01/96-97 April 15, 1997 Parliamentary Committee on the Welfare of SCs / STs – Insisting on Deposits from SCs/ STs by Banks
    17. RPCD.No.SAA.BC.67/08.01.00/98-99 February 11, 1999 Credit Facilities to SCs / STs
    18. RPCD.No.SP.BC.51/09.09.01/2002-03 December 04, 2002 Proceedings of the work shop on the role of financial institutions in the development of SCs and STs
    19. RPCD.No.SP.BC.102/09.09.01/2002-03 June 23, 2003 Sample study for review of credit flow to SCs and STs – Major Findings
    20. RPCD.SP.BC.No.49/09.09.01/2007-08 February 19, 2008 Credit facilities to SC/ STs – Revised Annexure
    21. RPCD.GSSD.BC.No.81/09.01.03/2012-13 June 27, 2013 Restructuring of SGSY as National Rural Livelihood Mission (NRLM)
    22. RPCD.CO.GSSD.BC.No.26/09.16.03/2014-15 August 14, 2014 Restructuring of Swarna Jayanti Shahari Rozgar Yojana (SJSRY) as National Urban Livelihood Mission

    MIL OSI Economics –

  • MIL-OSI USA: Ernst, Rollins Fulfill Commitments to Expand Access to Biofuels

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), a member of the Senate Agriculture Committee, joined U.S. Secretary of Agriculture Brooke Rollins at an ethanol production facility in Atlantic, Iowa to announce the U.S. Department of Agriculture’s (USDA) continued support of the Higher Blends Infrastructure Incentive Program (HBIIP).
    Ernst has championed HBIIP since its inception and helped it grow into an essential tool for retail store owners to purchase the infrastructure necessary to provide higher blends of biofuels at the pump.

    Click here for more photos from today’s visit.
    “Thank you, Secretary Rollins, for announcing certainty for our farmers and biofuel producers while you’re right here visiting the great state of Iowa,” Senator Ernst said.“I’ve worked hard to help develop and maintain HBIIP over the years to ensure that from Casey’s to your local mom-and-pop gas stations, retail store owners have the tools they need to deliver higher blends of biofuels at the pump, expanding access to homegrown fuels and choices for consumers. This is another example of how the Trump administration is putting our rural communities first.”
    “President Trump is honoring our commitment to America’s farmers, ranchers and small businesses, especially here in Iowa where corn and soy growers are crucial to supporting ethanol and biodiesel production,” Secretary Rollins said. “Under the President’s leadership, we are moving away from the harmful effects of misguided climate policies like the Green New Deal. Instead, USDA will deploy energy investments that prioritize the needs of our rural communities. Through HBIIP, we will expand access to domestic, homegrown fuels which will increase good paying jobs for hardworking Americans, restore rural prosperity and strengthen our nation’s energy security.”
    Today’s announcement positively impacts over 275 stores across Iowa and provides certainty for the state’s farmers and biofuel producers. Iowa leads the nation in ethanol and biodiesel production, with 42 ethanol plants capable of producing over 4.7 billion gallons annually and 10 biodiesel plants with the annual production capacity of 416 million gallons.
    Background:
    Ernst was instrumental in creating and maintaining HBIIP as part of her commitment to invest in renewable fuel infrastructure, rural job opportunities, and hardworking farmers. She introduced the Biofuel Infrastructure and Agricultural Production Market Expansion Act, which would provide resources to retailers for purchasing more compatible biofuel infrastructure.
    More broadly, Ernst has been a leading advocate for homegrown, Iowa biofuels, securing access to E15 for the summer driving months, while continuing the call for permanent, nationwide availability that would give those in the biofuel industry the certainty they deserve. She has also advocated for raising RVO obligations to match biofuel production capacity and blasted the Biden administration for leaving behind all of rural America with the incomplete, delayed 45Z guidance.
    Ernst met with Secretary Rollins multiple times during her confirmation process and secured critical commitments from her in support of Iowa farmers. Ernst has been working in tandem with Rollins and the Trump administration to deliver results for the entire Iowa agriculture community.

    MIL OSI USA News –

  • MIL-OSI USA: Ernst Names Small Business of the Week, J&S Farm Supply

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: J&S Farm Supply of Iowa County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties.
    “Founded on faith, family, and farming, J&S Farm Supply has been cultivating the next generation of Iowa growers since 1955,” said Chair Ernst. “This family-owned and operated small business remains a cornerstone of the Williamsburg community and continues to meet the evolving needs of agricultural producers across our state.”
    In 1955, Leighton Jones founded Jones Fertilizer to support local growers through various farming services. By 1972, Dick Schaefer joined the business, and J&S Farm Supply was born. After managing the business for nearly 50 years, Leighton passed away in 2004 and his son, Tim Jones Sr., took full ownership. Today, Tim and his son, Tim Jones Jr., have grown the family business into a full-service agriculture hub with the turf and fabrication divisions headed by his sons-in-law, Ryan Sauser and Luke Williams, respectively. Later this year, J&S Farm Supply will celebrate its 70th anniversary in Iowa.
    Stay tuned as Chair Ernst recognizes more Iowa small businesses across the state with her Small Business of the Week award.

    MIL OSI USA News –

  • MIL-OSI USA: Protecting The Social Safety Net: Gillibrand And East Harlem Elected Officials Demand No Cuts To Social Security

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Today, Senator Gillibrand stood alongside East Harlem elected officials to urgently call on the Trump administration to protect Social Security after their repeated actions to cut back the agency and the critical services it provides. New York City is home to one of the largest senior populations living in poverty nationwide, and cuts to the agency will decimate the Social Security system and deny New Yorkers their hard-earned benefits. 

    “Social Security is a promise, not a political bargaining chip. The Trump Administration’s reckless efforts to undermine this vital program will have devastating consequences for millions of New Yorkers,” said Senator Gillibrand. “I urge the Trump Administration to safeguard this necessary lifeline and ensure Americans have access to services they rightfully deserve.”

    “Food stamps (SNAP) and EBT systems are vital tools in the fight against hunger and food insecurity, in my district, the state, and in communities around our nation,” said Congressman Adriano Espaillat (NY-13). “These programs ensure millions of individuals and families can access nutritious food, while EBT provides a secure, efficient, and dignified way to access benefits. Beyond feeding families, SNAP has strengthened local economies by supporting grocery stores, farmers’ markets, and food retailers, and every dollar spent has generated economic growth. Additionally, EBT further enhances this impact by streamlining distribution, cutting administrative costs, and preventing fraud to ensure resources reach those who need them most. Donald Trump and Elon’s attempt to cut these essential programs are an attack on working families, seniors, and future generations. We will combat these reckless cuts and fight to protect and strengthen the safety net that millions rely on. American families deserve nothing less.”

    “The assault on Social Security isn’t just a policy change; it’s a moral betrayal. It’s stealing dignity from those who earned it with decades of hard work. We won’t tolerate a system that sacrifices our elders and those with disabilities to pad bottom lines. This isn’t about numbers; it’s about human lives, about families facing impossible choices. We’re drawing a line. This is our promise: we will defend every penny, every benefit, every person who relies on Social Security, with every ounce of our strength. They will not dismantle this lifeline on our watch,” said Assemblymember Eddie Gibbs.

    “Millions of low-income households, including thousands in my district, risk losing essential food assistance under the proposed House Republican cuts to SNAP,” said Councilwoman Diana Ayala. “These harmful reductions would endanger the health and stability of our community, creating long-term social and economic challenges. With the rising cost of living, many working families are already struggling to afford basic necessities, with some forced to work multiple jobs just to get by. Seniors living on fixed incomes face even greater hardship, as rising food and housing costs make it increasingly difficult for them to afford nutritious meals. Hunger affects a child’s ability to learn, makes it harder for job seekers to find employment, and places additional strain on individuals with disabilities. Programs like SNAP have played a crucial role in reducing food insecurity and supporting families in need. Now, as inflation continues to drive up costs, we must fight to protect this vital program and ensure that no one—whether a working parent, an older adult on a fixed income, or a person with disabilities—is left without the resources they need to survive.”

    The Social Security Administration (SSA) has already announced plans to cut 7,000 staff, despite the fact that SSA staffing is already at a 50-year low, and there are historically long case backlogs. Now, the so-called “Department of Government Efficiency” plans to limit phone support for seniors, forcing them to file certain claims online – a challenge for many older adults – or visit a Social Security Administration office in person, even though appointments for these visits can only be made over the phone. DOGE is simultaneously planning to shutter Social Security Administration offices across the country, including two in New York.

    MIL OSI USA News –

  • MIL-OSI: Carbon Streaming Announces Financial Results for the Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 31, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the fiscal year ended December 31, 2024. All figures are expressed in United States dollars, unless otherwise indicated. The Company will host a live audio call at 11:00 a.m. ET on Tuesday, April 1, 2025. In addition, the Company is also pleased to announce the appointment of Mr. Sam Wong to the board of directors of the Company (the “Board”) effective April 1, 2025.

    Carbon Streaming Chief Executive Officer Marin Katusa stated: “In the fourth quarter of 2024, Carbon Streaming focused on its restructuring efforts and evaluating strategic alternatives while taking significant steps to reduce costs and improve financial sustainability. We successfully reduced the number of individuals receiving full-time salaries from 24 at the start of 2024 to 4 by January 2025, resulting in significant savings to ongoing operating expenses. With cost reductions complete, our priority in 2025 is to maximize value from our existing portfolio while continuing to explore all strategic options to enhance shareholder value.  More specifically, we will evaluate all potential acquisitions, divestments, corporate transactions, and strategic partnerships. While the voluntary carbon market continues to experience difficult market conditions and many economic uncertainties exist, we are committed to adapting to market conditions and ensuring the best path forward for our shareholders. With respect to the Rimba Raya, Magdalena Bay and Sustainable Community Streams, the Company remains focused on protecting our investments and preserving our rights as we will with all our investments.”

    Annual Highlights

    • Ended the year with $37.4 million in cash and no corporate debt.
    • Reduced the number of individuals receiving full-time salaries at the Company – including employees, consultants, and directors – from 24 at the start of 2024 to 8 by year-end, with a further decrease to 4 full time employees by January 2025, resulting in significant savings in ongoing operating expenses.
    • Recognized a net loss on revaluation of carbon credit streaming and royalty agreements of $58.2 million (net loss on revaluation of $32.9 million in 2023). The net loss on revaluation for each period was driven by reductions in the carbon credit production and sales profiles and carbon credit pricing assumptions, and an increase to the risk-adjusted discount rate.
    • Continued the previously-announced corporate restructuring plan, which resulted in a non-recurring restructuring charge of $2.6 million.
    • Generated $1.6 million in settlements from carbon credit streaming and royalty agreements (settlements of $55 thousand in 2023).
    • Operating loss of $68.3 million (operating loss of $45.0 million in 2023).
    • Recognized net loss of $67.4 million (net loss of $35.5 million in 2023).
    • Adjusted net loss was $5.2 million (adjusted net loss of $7.6 million in 2023) (see the “Non-IFRS Accounting Standards Measures” section of this news release).
    • Paid $8.1 million in upfront deposits for carbon credit streaming and royalty agreements (paid $7.6 million in upfront deposits in 2023).

    Fourth Quarter Highlights

    • Recognized a net loss on revaluation of carbon credit streaming and royalty agreements of $13.2 million (net loss on revaluation of $24.0 million in Q4 2023). The net loss on revaluation for each period was driven by reductions in the carbon credit production and sales profiles and carbon credit pricing assumptions, and an increase to the risk-adjusted discount rate.
    • Generated $0.5 million in settlements from carbon credit streaming and royalty agreements (settlements of $nil in Q4 2023).
    • Operating loss of $14.9 million (operating loss of $26.8 million in Q4 2023).
    • Recognized net loss of $16.9 million (net loss of $26.1 million in Q4 2023).
    • Adjusted net loss was $0.9 million (adjusted net loss of $2.2 million in Q4 2023) (see the “Non-IFRS Accounting Standards Measures” section of this news release).
    • Paid $2.2 million in upfront deposits for carbon credit streaming and royalty agreements (paid $2.1 million in upfront deposits in Q4 2023).

    Financial Highlights Summary

      Three months ended
    December 31, 2024    		 Three months ended
    December 31, 2023    		 Year ended December 31, 2024 Year ended December 31, 2023
    Carbon credit streaming and royalty agreements        
    Revaluation of carbon credit streaming and royalty agreements $ (13,190)   $ (23,952)   $ (58,155)   $ (32,897)  
    Settlements from carbon credit streaming and royalty agreements1   513     –     1,550     55  
    Other financial highlights        
    Other operating expenses   1,760     2,691     10,340     12,035  
    Operating loss   (14,923)     (26,784)     (68,335)     (45,002)  
    Net loss   (16,932)     (26,092)     (67,369)     (35,501)  
    Loss per share (Basis and Diluted) ($/share)   (0.32)     (0.55)     (1.34)     (0.75)  
    Adjusted net loss2   (884)     (2,225)     (5,214)     (7,586)  
    Adjusted net loss per share (Basic and Diluted) ($/share)2   (0.02)     (0.05)     (0.10)     (0.16)  
    Statement of financial position        
    Cash3   37,350     51,416     37,350     51,416  
    Carbon credit streaming and royalty agreements3   9,081     60,122     9,081     60,122  
    Total assets3   48,683     117,111     48,683     117,111  
    Non-current liabilities3   112     1,083     112     1,083  
    1. Relates to the net cash proceeds generated from the Company’s carbon credit streaming and royalty agreements.
    2. “Adjusted net loss”, including per share amounts, is a non-IFRS® Accounting Standards (the “IFRS Accounting Standards”) financial performance measure that is used in this news release. This measure does not have any standardized meaning under the IFRS Accounting Standards and therefore may not be comparable to similar measures presented by other issuers. For more information about this measure, why it is used by the Company, and a reconciliation to the most directly comparable measure under the IFRS Accounting Standards, see the “Non-IFRS Accounting Standards Measures” section of this news release.
    3. Cash, carbon credit streaming and royalty agreements, total assets and non-current liabilities are presented as at the relevant tabular reporting date.

    Portfolio Updates

    Rimba Raya Stream: On April 26, 2024, the Company announced that it was informed that PT Rimba Raya Conservation (“PT Rimba”), the local concession holder for the Rimba Raya project, had its Forest Utilization Business License (the “Concession License”) revoked by the Indonesian Government’s Ministry of Environment and Forestry (the “MOEF”). PT Rimba challenged the MOEF’s revocation of the Concession License, and in July 2024, the State Administrative Court of Jakarta (the “Court of Jakarta”) reached a decision on PT Rimba’s claim and declared that the revocation by the MOEF of the Concession License is void. The MOEF appealed the decision of the Court of Jakarta and in September 2024, the State Administrative High Court of Jakarta (the “High Court of Jakarta”) upheld the Court of Jakarta’s decision declaring that the revocation by the MOEF of the Concession License is void. The MOEF submitted an appeal of the decision of the High Court of Jakarta and as such, the decision of the High Court of Jakarta upholding that the revocation by the MOEF of the Concession License is void does not yet have permanent legal force. While the appeal process is underway, the interlocutory decision issued by the Court of Jakarta on May 16, 2024, requiring the MOEF to suspend the implementation of its decree in respect of the revocation of the Concession License, will remain in place.

    In October 2024, InfiniteEARTH Limited and its Indonesian subsidiary PT InfiniteEARTH Nusantara, the project operators of the Rimba Raya project (collectively “InfiniteEARTH”) delivered a notice of intent to abandon the project (the “RR Notice of Abandonment”). Pursuant to the RR Notice of Abandonment, InfiniteEARTH claims that a Regulation entitled Regulation of the Ministry of Environment and Forestry Number 7 Year of 2023 issued on June 14, 2023 by the Indonesian Government (“Regulation No. 7 2023”), prohibits the issuance and transfer of carbon rights from PT Rimba to InfiniteEARTH. InfiniteEARTH claims that as a result of Regulation No. 7 2023, it has been unable to economically develop or continue to operate the Rimba Raya project and that this is a force majeure event under the Rimba Raya Stream. The Company has notified InfiniteEARTH that it rejects the assertion that Regulation No. 7 2023 is an event of force majeure and has commenced an arbitration seeking, among other things, an order that the RR Notice of Abandonment is invalid or void.

    In October 2024, the Company commenced an arbitration administered by the International Centre of Dispute Resolution against InfiniteEARTH in accordance with the Rimba Raya Stream; and against the shareholders of InfiniteEARTH Limited in accordance with the Strategic Alliance Agreement (the “SAA“). The arbitration has since been bifurcated into two arbitration proceedings, dealing with (i) the Rimba Raya Stream; and (ii) the SAA.

    In October 2024, the Company also issued a Notice of Action in the Ontario Superior Court of Justice seeking declaratory relief against the principals of InfiniteEARTH Limited and their related entities, seeking to enforce its rights in relation to guarantees and non-competition agreements related to the Rimba Raya Stream and the SAA. Some of the defendants have counterclaimed. The dispute between the Company and InfiniteEARTH arises out of acts and omissions that the Company alleges are improper and in breach of the Rimba Raya Stream, the SAA and related agreements. Management of the Company believes that delivering the Notice of Arbitration and issuing the Notice of Action in the Ontario Superior Court of Justice were important steps in preserving the Company’s legal and contractual rights.

    As a result of the uncertainty of the duration and outcome of the appeal process in respect of the Concession License and the ongoing legal dispute between the Company, InfiniteEARTH and the founders of InfiniteEARTH, the Company has reclassified the status of the Rimba Raya Stream to “Expired”. As at December 31, 2024, the Company has determined the fair value of the Rimba Raya Stream to be $nil.

    Magdalena Bay Blue Carbon Stream: In the third quarter of 2024, Fundación MarVivo Mexico, A.C. and MarVivo Corporation (collectively, “MarVivo”) delivered a notice of intent to abandon the project (the “MarVivo Notice of Abandonment”). Pursuant to the MarVivo Notice of Abandonment, MarVivo claims that the failure to transfer the concession rights from the Secretariat of Environment and Natural Resources (“SEMARNAT”), Mexico’s environment ministry, to the jurisdiction of Mexico’s National Commission for Protected Natural Areas (“CONANP”), constitutes an event of force majeure and that it is no longer economical to develop or continue to operate the project. The Company’s position is that the attempt to abandon the project constitutes a breach of the terms of the Magdalena Bay Blue Carbon Stream. The Company has notified MarVivo that it rejects the assertion that the failure to transfer the concession rights constitutes an event of force majeure and that if MarVivo abandons the project or takes steps to wind-down, this will amount to a breach of the terms of the Magdalena Bay Blue Carbon Stream. As a result of the MarVivo Notice of Abandonment and the assertions of MarVivo, the Company has determined the fair value of the Magdalena Bay Blue Carbon Stream to be $nil as at December 31, 2024. The Company reserves all rights with respect to the agreements between the parties and intends to strictly enforce its legal and contractual rights under the Magdalena Bay Blue Carbon Stream.

    Sustainable Community Stream: In the third quarter of 2024, the Company exercised its contractual rights to terminate the Sustainable Community Stream as a result of, among other things, the failure of the project operator, Will Solutions Inc., to meet its milestone related to the registration of its Ontario project and its failure to develop and implement the project in accordance with the project plan (including continued delays in project development activities and lower-than-expected project enrollments). As a result of the Sustainable Community Stream being terminated, the fair value of the Sustainable Community Stream was determined to be $nil as at December 31, 2024. The Company intends to strictly enforce its legal and contractual rights under the Sustainable Community Stream.

    Cerrado Biome Stream: At the time of project registration, the project planned to expand the project to 80,000 hectares by incorporating more land parcels, and to generate approximately 13 million carbon credits over a 30-year project life. Enrollment of additional land parcels has been slower than anticipated, primarily due to declining demand and lower pricing for REDD+ carbon credits. As a result, the expected revenue from carbon credit sales has decreased, reducing the financial incentive for landholders to transition from agricultural production to REDD+ project enrollment. Currently, the project consists of two land parcels covering approximately 11,000 hectares, expected to generate 1.2 million carbon credits over 30 years; however, the actual number of carbon credits issued will depend on the project’s ability to attract additional landholders. Revenue shortfalls have been driven by delays in the Verra verification process and price volatility for credits issued by REDD+ projects.

    Waverly Biochar Stream and Royalty: Following the accelerated payment of the final milestone payments in the second quarter of 2024, the project reached mechanical completion and first biochar production in the third quarter of 2024. However, additional technical challenges prevented continuous operation of the facility and have continued to delay full production capacity. The project is currently focused on securing additional funding to support commissioning, the initial facility audit, and the first output audit with Puro.earth. Verification was anticipated in the third quarter of 2025, with first issuance of carbon credits to follow immediately thereafter, but is now expected to be delayed.

    In 2023, the Company announced an agreement to provide Microsoft Corporation with carbon credits from the Waverly Biochar Stream of up to 10,000 carbon credits per year. Under this agreement, the Company is committed to delivering a minimum quantity of credits on specified future dates. If the Company is unable to fulfill this commitment, Microsoft Corporation may request that credits be sourced from an alternative project of their choosing.

    Community Carbon Stream: In 2024, the projects under the Community Carbon Stream issued over 1,600,000 carbon credits from the Mozambique cookstove project, the Uganda cookstove project, the Tanzania cookstove project, and the Uganda household safe water project. Additionally, the Community Carbon Stream generated $1.1 million in cash settlements for the year ended December 31, 2024.

    On May 8, 2024, the Company amended the terms of the Community Carbon Stream resulting in, among other things, revising the Company’s economic interest to provide for a tiered streaming structure which is adjusted as certain return on invested capital thresholds are achieved, and adjusting the portfolio composition and milestone payments to focus on the five strongest projects, three cookstove projects in Mozambique, Tanzania and Uganda and two water purification projects in Malawi and Uganda.

    Following the May 2024 amendment, the Company anticipates that the project’s actual emission reductions will be materially lower than previously expected due to methodological changes and declining prices, which have reduced forecasted creditable unit deployments. Concerns over emissions reduction overestimation, additionality, and verification challenges have raised questions about cookstove credit quality, prompting methodological revisions as the market adapts to evolving buyer expectations. While these changes aim to enhance credibility, they have also reduced demand and driven down prices.

    Nalgonda Rice Farming Stream: In December 2024, the Company delivered a notice to Core CarbonX Pte. Ltd. and its services provider, Core CarbonX Solutions Private Limited that an event of default occurred and is continuing due to the failure of the project to reach development completion prior to June 30, 2024. While no further action has been taken at this time, the Company reserves all rights under its agreements.

    The project was registered with Verra on February 10, 2025, using the UNFCCC Clean Development Mechanism Methodology AMS-III.AU: Methane emission reduction by adjusted water management practice in rice cultivation in the VCS program (“AMS-III.AU”). Registration and first validation of the project was delayed when Verra temporarily inactivated AMS-III.AU as part of a broader review of validation and verification quality and began developing a revised rice-specific methodology to replace AMS-III.AU. During this review, Verra determined that certain projects identified as having quality issues with validations and/or verifications would remain on hold, but Core CarbonX’s projects, including the Nalgonda Rice Farming project, were approved for registration under AMS-III.AU.

    Verra released the new VCS Methodology VM0051 (Improved Management in Rice Production Systems v1.0) on February 27, 2025, which the project plans to transition to for the second monitoring period. However, the project has already applied the guidelines required under the VCS Methodology VM0051. At this time, it is not known how the transition to the new methodology will impact the project, if at all.

    As of December 31, 2024, approximately 32,000 landholders were enrolled in the project, covering 36,548 hectares of farmland. Enrollment remains ongoing, with a target of expanding to approximately 62,000 hectares. However, progress has been slower than expected due to registration delays, which have also postponed farmer compensation and, in turn, affected enrollment. The project was registered with Verra on February 10, 2025.

    Enfield Biochar Stream: In April 2024, Standard Biocarbon Corporation (“Standard Biocarbon”) achieved its first biochar production. However, technical challenges have delayed the commissioning process. Standard Biocarbon is working with PYREG GmbH, the engineer and builder of the PYREG Machines, to resolve these issues as it scales toward full operating capacity. The project continues to collect operational data required for a facility audit and official registration with the Puro.earth carbon credit standard. Currently, the project is on care and maintenance while seeking additional funding to support commissioning, the initial facility audit, and the first output audit.

    Azuero Reforestation Stream: On May 21, 2024, the Company, Microsoft Corporation and Rubicon Carbon Capital LLC (“Rubicon”) entered into a carbon credit streaming agreement, as amended on November 23, 2024 (the “Azuero Reforestation Stream”) with Azuero Reforestation Colectiva, S.A. (“ARC”), a wholly owned subsidiary of Ponterra Ltd. (“Ponterra”), for a reforestation project located on Azuero Province, Los Santos Province, Republic of Panama. Under the terms of the Azuero Reforestation Stream, ARC will deliver 13.5% of the carbon credits created by the project to the Company. Additionally, Microsoft Corporation has entered into an offtake agreement to purchase 100% of the Company’s carbon credits delivered under the terms of the Azuero Reforestation Stream through to 2040. Carbon Streaming will also act as the sole marketer of ARC’s carbon credits not already committed to the co-investors under the Azuero Reforestation Stream.

    Under the terms of the Azuero Reforestation Stream, Carbon Streaming, alongside Rubicon and Microsoft Corporation, will fund 100% of project costs over seven years. The Company agreed to make an upfront deposit of up to $7.1 million with $0.3 million paid on closing, and additional milestone payments made as the project achieves planting and sapling survival milestones, and will receive 13.5% of total credits, which is expected to be approximately 438,000 carbon credits through 2052.

    Sheep Creek Reforestation Stream: In January 2025, the Company received a Notice of Adverse Impact from Mast Reforestation SPV I, LLC (“Mast”) and the parent company of Mast, Droneseed Co. d/b/a Mast Reforestation under the Sheep Creek Reforestation Stream pursuant to which, among other things, Mast advised the Company that the Sheep Creek project has experienced significantly higher than expected mortality rates and that the surviving seedlings had exhibited slower than expected growth rates. As a result, Mast indicated to the Company that it no longer expects to deliver the Company the agreed-upon 286,229 carbon removal credits, referred to as forecast mitigation units (“FMUs”) under the Climate Action Reserve’s Climate Forward program under the Sheep Creek Reforestation Stream, as Mast no longer considers the existing Sheep Creek project plan and budget to be viable. The Company has formally responded to the Notice of Adverse Impact and requested that Mast respond to the Company’s significant concerns regarding, among other things, the timing of the delivery of the Notice of Adverse Impact, and the characterization of the cause of the adverse impact. The Company is continuing to evaluate all legal avenues available under the Sheep Creek Reforestation Stream. As a result, the Company no longer anticipates generating cash flow from the Sheep Creek Reforestation Stream and has determined its fair value to be $nil as of December 31, 2024.

    Feather River Reforestation Stream: In 2024, carbon credit market demand has generally shifted towards lower risk carbon credits. FMUs, which are designed to facilitate forward financing, inherently carry higher risk, leading to supply that has exceeded demand. FMU issuance is expected in 2025. However, given the uncertainties surrounding FMU sales, the Company has determined the fair value of the Feather River Reforestation Stream to be $nil as of December 31, 2024.

    Baccala Ranch Reforestation Stream: In March 2025, Mast delivered the Company a notice of termination of the Baccala Ranch Reforestation Stream and the Baccala Ranch project, thereby confirming it will forego any plantings. The Company had not advanced any funds for the Baccala project and the closing of the Baccala Ranch Reforestation Stream remained subject to customary closing conditions.

    Amazon Portfolio Royalty: Following a corporate reorganization, Future Carbon assigned its interests in the Yellow Ipe, ABC Norte and Gairova projects (collectively the “Ecologica Portfolio”) to Ecological Assessoria Ltda. and its affiliates (collectively “Ecologica”), and retained the Rio Madeira Project, (the “Future Carbon Portfolio”). To reflect this restructuring, the Original Amazon Royalty was replaced on April 17, 2024, by two new royalty agreements: one between the Company and Future Carbon for the Future Carbon Portfolio (the “FC Amazon Royalty”), and another between the Company and Ecologica on the Ecologica Portfolio (the “Ecologica Amazon Royalty”). Each agreement carried a purchase price of $1.5 million, maintaining the original $3.0 million investment. No additional funds were advanced by the Company as part of Future Carbon’s reorganization.

    Bonobo Peace Forest Royalty: The royalty agreement was originally intended to convert into a stream agreement upon successful validation and verification of the project. However, due to political instability in the DRC, weakened market sentiment for REDD+ projects, and a significant decline in demand for REDD+ carbon credits, Carbon Streaming decided to halt further investment. The Company currently has no plans to proceed with a stream agreement.

    The project has been seeking additional investment to support a renewed technical effort for registration under the new Verra VM0048 methodology. Given the material uncertainty surrounding fundraising for REDD+ project development, the early-stage nature of the project’s technical development, and persistent weakness in demand for REDD+ carbon credits, the Company has determined the fair value of the Bonobo Peace Forest Royalty to be $nil as at December 31, 2024.

    Strategy

    Carbon Streaming is currently focused on maximizing value from the existing portfolio of investments and pursuing all options to achieve that goal. During 2024, the Company has undergone changes to the Board and management, including the termination of certain consulting contracts, which reduced ongoing cash expenditure and streamlined decision-making. The Company continues to focus on its previously announced evaluation of strategic alternatives with a focus on maximizing value for all shareholders. These alternatives could include acquisitions, divestments, corporate transactions, financings, other strategic partnership opportunities or continuing to operate as a public company.

    The Company’s carbon credit streaming agreements are structured to retain a portion of the cash flows from carbon credit sales, with stream-specific retention varying. Project partners typically receive the balance through ongoing delivery payments under the terms of each agreement. Cash flows are subject to fluctuations based on realized carbon credit prices and agreement terms. As the Company continues to evaluate its strategic direction, it remains focused on optimizing portfolio economics and managing exposure to market volatility.

    Outlook

    Carbon Streaming continues to reposition itself for success and for maximizing shareholder value amid ongoing challenges. In May 2024, as part of its ongoing corporate restructuring first initiated in 2023, the Company announced changes to its senior management and Board after constructive discussions with certain shareholders. The Company continues to evaluate strategic alternatives for the business and remains focused on cash flow optimization through the reduction of operating expenses and a reassessment of its existing streams and royalties. Building on the previous measures implemented by the Company to reduce ongoing operating expenses, further steps have been taken in recent months, including significantly reducing employee headcount, renegotiating and amending vendor agreements to lower costs, eliminating cash-settled director’s fees to the Board and terminating certain consulting contracts. As the Company’s broader strategy continues to evolve, these recent steps are expected to result in significant reductions to annualized ongoing operating expenses when compared to 2024.

    While the Company aims to increase cash flow generation through the sale of carbon credits from several streaming agreements over the next year, there remains ongoing uncertainty regarding the evolving nature of carbon markets, including potential registry delays, project-specific issues, and methodology-related risks, in addition to impacts the industry may face as a result of general economic, political and regulatory conditions. In 2024, the Company has recognized a decrease in the fair values of the Rimba Raya Stream, the Magdalena Bay Blue Carbon Stream, the Sustainable Community Stream, and the Sheep Creek Reforestation Stream to $nil as a result of the failure of the respective projects to meet their obligations under the stream agreements and ongoing legal disputes. The Company is actively pursuing all available legal remedies to protect its investments and enforce its contractual rights. Given the multiple ongoing litigation matters, the outcomes remain uncertain and could materially impact the Company’s financial position and strategic direction. Please refer to the “Legal Proceedings” section of the Company’s most recently filed MD&A for further information.

    Given the evolving nature of carbon markets and ongoing legal considerations, Carbon Streaming is focussed on maximizing value from the existing portfolio of investments and pursuing all options to achieve that goal.

    For a comprehensive discussion of the risks, assumptions and uncertainties that could impact the Company’s strategy and outlook, including without limitation, changes in demand for carbon credits and Indonesian developments described herein, investors are urged to review the section of the Company’s most recently filed AIF entitled “Risk Factors” a copy of which is available on SEDAR+ at www.sedarplus.ca.

    2024 Results Conference Call Details

    The Company’s management team will host a conference call on Tuesday, April 1, 2025, at 11:00 a.m. ET to provide a brief company update. Participants may join by dialing +1 289-514-5100 or toll free from North America at +1 800-717-1738. A replay of the conference call will be available on the Company website until 11:59 p.m. ET on May 1, 2025.

    About Carbon Streaming

    Carbon Streaming’s focus is on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities, and biodiversity, in addition to their carbon reduction or removal potential. This approach aligns our strategic interests with those of project partners to create long-term relationships built on a shared commitment to sustainability and accountability and positions us as a trusted source for buyers seeking high-quality carbon credits.

    ON BEHALF OF THE COMPANY:
    Marin Katusa, Chief Executive Officer
    Tel: 365.607.6095
    info@carbonstreaming.com
    www.carbonstreaming.com

    Investor Relations
    investors@carbonstreaming.com

    Media
    media@carbonstreaming.com

    Non-IFRS Accounting Standards Measures

    Adjusted Net Loss and Adjusted Loss Per Share

    The term “adjusted net loss” in this news release is not a standardized financial measure under the IFRS Accounting Standards and therefore may not be comparable to similar measures presented by other companies where similar terminology is used. These non-IFRS Accounting Standards measures should not be considered in isolation or as a substitute for measures of performance, cash flows and financial position as prepared in accordance with the IFRS Accounting Standards. Management believes that these non-IFRS Accounting Standards measures, together with performance measures and measures prepared in accordance with the IFRS Accounting Standards, provide useful information to investors and shareholders in assessing the Company’s liquidity and overall performance.

    Adjusted net loss is calculated as net and comprehensive loss and adjusted for the revaluation of carbon credit streaming and royalty agreements, the revaluation of warrant liabilities, the impairment loss on early deposit interest receivable, the revaluation of derivative liabilities, the revaluation of the convertible note, the impairment loss on investment in associate, the gain on dissolution of associate, and the corporate restructuring which the Company views as having a significant non-cash or non-continuing impact on the Company’s net and comprehensive loss calculation and per share amounts. Adjusted net loss is used by the Company to monitor its results from operations for the period.

    The following table reconciles net and comprehensive (loss) income to adjusted net loss:

      Three months ended 
    December 31, 2024
    		   Three months ended 
    December 31, 2023
    		   Year ended
    December 31, 2024
    		   Year ended
    December 31, 2023
    		  
    Net loss and comprehensive loss $ (16,932)   $ (26,092)   $ (67,369)   $ (35,501)  
    Adjustment for non-continuing or non-cash settled items:        
    Revaluation of carbon credit streaming and royalty agreements   13,190     23,952     58,155     32,897  
    Revaluation of warrant liabilities   (43)     (79)     (642)     (6,530)  
    Impairment of early deposit interest receivable   –     –     307     –  
    Revaluation of derivative liabilities   –     –     (680)     (686)  
    Revaluation of Convertible Note   –     –     –     (558)  
    Revaluation of preferred shares   2,558     –     2,558     –  
    Impairment of investment in associate   –     –     –     1,044  
    Gain on dissolution of associate   –     –     (104)     –  
    Corporate restructuring   343     (6)     2,561     1,748  
    Adjusted net loss   (884)     (2,225)     (5,214)     (7,586)  
    Loss per share (Basic and Diluted) ($/share)   (0.32)     (0.55)     (1.34)     (0.75)  
    Adjusted net loss per share (Basic and Diluted) ($/share)   (0.02)     (0.05)     (0.10)     (0.16)  
                             

    Cautionary Statement Regarding Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking information, including, without limitation, statements regarding the anticipated impact of changes to the Company’s Board and management; the impact of the Company’s restructuring strategies, including evaluation of strategic alternatives; the ability of the Company to execute on expense reductions and savings from operating cost reduction measures; statements with respect to cash flow optimization and generation; its sales strategy; supporting the Company’s carbon streaming and royalty partners; timing and the amount of future carbon credit generation and emission reductions and removals from the Company’s existing streaming and royalty agreements; statements with respect to the projects in which the Company has streaming and royalty agreements in place; statements with respect to the Company’s growth objectives and potential and its position in the voluntary carbon markets; statements with respect to execution of the Company’s portfolio and partnership strategy; statements with respect to the ongoing legal process to protect the Company’s investment in the Rimba Raya project and to enforce its legal and contractual rights; statements ; and statements regarding the Company’s intention to strictly enforce its legal and contractual rights under the Sustainable Community Stream and the Magdalena Bay Blue Carbon Stream and the Sheep Creek Reforestation Stream.

    When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking information. This forward-looking information is based on the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. They should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved. Factors that could cause actual results or events to differ materially from current expectations include, among other things: general economic, market and business conditions and global financial conditions, including fluctuations in interest rates, foreign exchange rates and stock market volatility; volatility in prices of carbon credits and demand for carbon credits; change in social or political views towards climate change, carbon credits and environmental, social and governance initiatives and subsequent changes in corporate or government policies or regulations and associated changes in demand for carbon credits; the Company’s expectations and plans with respect to current litigation, arbitration and regulatory proceedings; limited operating history for the Company’s current strategy; concentration risk; inaccurate estimates of project value, which may impact the ability of the Company to execute on its growth and diversification strategy; dependence upon key management; impact of corporate restructurings; the inability of the Company to optimize cash flows or sufficiently reduce operating expenses; reputational risk; risks arising from competition and future acquisition activities failure or timing delays for projects to be registered, validated and ultimately developed and for emission reductions or removals to be verified and carbon credits issued (and other risks associated with carbon credits standards and registries); foreign operations and political risks including actions by governmental authorities, including changes in or to government regulation, taxation and carbon pricing initiatives; uncertainties and ongoing market developments surrounding the validation and verification requirements of the voluntary and/or compliance markets; due diligence risks, including failure of third parties’ reviews, reports and projections to be accurate; dependence on project partners, operators and owners, including failure by such counterparties to make payments or perform their operational or other obligations to the Company in compliance with the terms of contractual arrangements between the Company and such counterparties; failure of projects to generate carbon credits, or natural disasters such as flood or fire which could have a material adverse effect on the ability of any project to generate carbon credits; volatility in the market price of the Company’s common shares or warrants; the effect that the issuance of additional securities by the Company could have on the market price of the Company’s common shares or warrants; global health crises, such as pandemics and epidemics; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s Annual Information Form dated as of March 31, 2025 filed on SEDAR+ at www.sedarplus.ca.

    Any forward-looking information speaks only as of the date of this news release. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

    The MIL Network –

  • MIL-OSI New Zealand: Northland water security receives $41m boost

    Source: New Zealand Government

    Water projects in Northland will receive up to $41.5 million from the Regional Infrastructure Fund to significantly increase the region’s water security and unlock economic growth, Regional Development Minister Shane Jones says.

    “These water projects together will significantly improve water storage and security in the Mid Far North and enable economic growth through consistent access to water and irrigation infrastructure for horticulture and land development,” Mr Jones says.

    The funded projects are: 

    • Otawere Pipeline                             $24m loan
    • Kaipara Pipeline                              $17.5m loan

    The Otawere Pipeline project will see Te Tai Tokerau Water Trust consolidate the Otawere Reservoir on Waitangi River and expand its distribution network by 15km.

    “This will provide water to a larger area of the community, and link to other key Mid Far North water storage projects to increase land-change opportunities in Kaikohe and surrounding areas,” Mr Jones says. 

    When it is completed, the infrastructure will enable 1600ha of productive land for Matawii, Waimate North and Mid North. The project will also employ 52 full-time staff during construction.

    Te Tai Tokerau Water Trust will also receive up to $17.5m in the form of a loan to construct a 22km pipeline connecting the trust’s recently completed reservoir near Te Kopuru, to Dargaville.

    “The Kaipara pipeline will extend to around 3000ha of prospective horticulture land between Te Kopuru and Dargaville and to Silver Fern Farm’s processing plant, the largest employer in the area.

    “The plant faces challenges maintaining the continuous water supply it needs to keep operating throughout summer. Extending the pipeline to the processing plant will ensure a reliable water supply and continuous peak season operation,” Mr Jones says.

    As part of this project, Te Tai Tokerau Water Trust and Kaipara District Council will combine the delivery of the Kaipara pipeline with an existing $7.8m Regional Infrastructure Fund flood resilience project, the Dargaville to Te Kōpuru stopbank upgrade.

    The combined approach will lead to potential savings of $3m and a shorter delivery time through efficiencies across both projects.

    “The Government’s investment in water is addressing barriers to development in regions like Northland, where a consistent water source is needed to unlock economic, environmental, and recreational resources for its communities,” Mr Jones says.

    Editor’s note

    • The Regional Infrastructure Fund is a capital fund with the primary purpose of accelerating infrastructure projects, particularly with a focus on water storage, energy, and resilience, that will make a difference in the regions.
    • Funding is approved in principle and announced, after which contracts are negotiated. Some funding may depend on updated information as agreed in contract negotiation. Payments are made once agreed milestones are met. These are set as part of contract negotiations and differ from project to project.
    • The Dargaville to Te Kōpuru Stopbank Upgrades project funding was approved by the Regional Development Ministers Group in July 2024. 

    MIL OSI New Zealand News –

  • MIL-OSI USA: Cornyn, Colleagues Introduce Bill to Make the Feral Swine Eradication Program Permanent

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senators John Cornyn (R-TX), Ben Ray Luján (D-NM), Tommy Tuberville (R-AL), Raphael Warnock (D-GA), Katie Britt (R-AL), and Jon Ossoff (D-GA) today introduced the Feral Swine Eradication Act, which would extend and make permanent a pilot program to safeguard public health, agriculture, and local ecosystems against the threat of feral swine:  
    “Feral hogs can inflict serious economic and environmental damage to our agricultural communities by destroying crops, trampling farmland, and threatening other livestock,” said Sen. Cornyn. “This legislation would support our farmers, ranchers, and producers in Texas and across the country by promoting removal and restoration efforts to mitigate the risk posed by this invasive species.”
    “New Mexico’s farmers, ranchers, and producers play a vital role in supporting our state’s economy and it’s critical that their crops and livestock are protected from harm,” said Sen. Luján. “Feral hogs pose serious threats to New Mexico’s agriculture industry by disrupting their land, killing plants, and increasing the chance for unwanted weeds. That’s why I’m proud to introduce bipartisan legislation that safely removes feral swine and protects New Mexico’s critical agricultural communities.”
    “Feral swine are a serious threat to the livelihoods of Alabama’s farmers. Feral hogs destroy crops, land, and undo months, if not years, of work by our farmers to feed our country,” said Sen. Tuberville. “Feral swine cause an estimated $50 million in damages annually to Alabama. Despite eradication efforts, the pigs are still running rampant throughout the South. And so today, I’m standing with Alabama farmers and taking action to fight back against this threat.”
    “In Georgia, feral hogs have been responsible for over $150 million a year in economic damage for our farmers. They destroy crops, damage pastures, and devastate livestock and horticulture,” said Sen. Rev. Warnock. “As a voice for Georgia farmers on the Senate Agriculture committee, I am committed to protecting this program to provide farmers and workers on the frontlines of our agriculture industry with the tools and resources needed to combat this destruction.”
    “I remain committed to supporting Alabama’s incredible farmers, including by addressing the devastating economic and environmental impacts of feral swine.  The Feral Swine Eradication Act would establish a permanent program to eliminate this threat,” said Sen. Britt. “I’m proud to introduce federal legislation to help mitigate the estimated $50 million in agricultural damage caused in our state each year and protect the livelihoods of farmers who continue to feed and clothe our nation.”
    Background:
    There are approximately six million feral hogs across the United States, which cause more than $2.5 billion in damages each year. The Feral Swine Eradication and Control Pilot Program (FSCP) was established in the 2018 Farm Bill to respond to rampant feral swine outbreaks and was implemented by the Natural Resources Conservation Service (NRCS) and the Animal and Plant Health and Inspection Service (APHIS). This program included feral swine removal by APHIS, restoration efforts supported by NRCS, and assistance to producers for feral swine control through grants with non-federal partners. NRCS and APHIS successfully carried out these pilot projects in ten states.
    This legislation is endorsed by the Texas Farm Bureau, Plains Cotton Growers, Texas Cattle Feeders Association, and Texas & Southwestern Cattle Raisers Association.

    MIL OSI USA News –

  • MIL-OSI New Zealand: BusinessNZ – Thrill seekers welcome: Health and safety reform unlocks the outdoors

    Source: BusinessNZ

    Further changes to health and safety laws should see more Kiwis exploring their own backyard and unlock further economic gains in the great outdoors.
    BusinessNZ Chief Executive Katherine Rich says clearer expectations around health and safety responsibilities for landowners will make agreeing to recreational activity simpler.
    “Landowners have been overly cautious when it comes to allowing access for fear of legal reprisal. In clarifying that health and safety is the responsibility of the organisation operating on site, the Government has made it easier for councils, farmers and Iwi to say ‘yes’ to more outdoor enterprise.
    “If New Zealand wants to retain its reputation as the world’s best in adventure tourism, then we need to allow thrill seekers a place to call home while accepting that there is inherent risk in some recreational activity.
    “These announced changes to health and safety laws aren’t about less responsibility – but rather setting clearer expectations around who is responsible.”
    The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Peters Presses Agency Leaders on DOGE Access to Federal IT Systems and Data Repositories

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    WASHINGTON, D.C.—U.S. Senator Gary Peters, Ranking Member of the Homeland Security and Governmental Affairs Committee, demanded answers from 24 federal agencies on how the Department of Government Efficiency (DOGE) and DOGE-affiliated individuals, many of whom do not possess security clearances, have accessed and used data in federal information technology systems. Peters is requesting information on how individuals accessing these systems are complying with federal cybersecurity and privacy laws to protect sensitive information.  
    “Since January 23, 2025, employees working on behalf of the U.S. Digital Service (USDS), which the Administration is referring to as DOGE, have gained access to systems and databases at multiple federal agencies,” Senator Peters wrote. “Federal agencies, as part of their authorized activities, collect, maintain, and utilize an enormous amount of sensitive data to carry out their missions. This data can include personally identifiable information (PII) collected from the public, federal and contractor employee data, law enforcement sensitive data, and confidential commercial information, including from critical infrastructure operators. Failure to appropriately control access to this data creates significant privacy and security risks and may violate federal law.” 
    Recent reports indicate that individuals claiming to be DOGE employees have allegedly threatened federal agency staff with dismissal when seeking unauthorized access to federal systems and data repositories. The Trump Administration has not yet provided information about whether DOGE personnel are following legal requirements for privacy and security, including the Privacy Act, E-Government Act, and Federal Information Security Modernization Act (FISMA). There are also no details about how DOGE-affiliated individuals with system access are being vetted. 
    Given the sensitive nature of federal agency data, this lack of transparency raises concerns about the potential for data misuse. Moreover, reports suggest DOGE plans to apply artificial intelligence to agency systems and collected data. However, little is known about which AI tools may be used, what agency data will be processed, how data will be combined, or the cybersecurity consequences of allowing sensitive data to be processed with artificial intelligence tools.
    In the letters, Peters requested more information about the positions, employment details, security clearances, and reporting structures of all DOGE-affiliated individuals working at these federal agencies, along with details about which systems and data repositories were accessed by DOGE personnel, whether the systems contained sensitive or classified information, how data was transferred, and which security measures were in place. Finally, Peters pushed for information about any AI tools or models that DOGE-affiliated individuals have applied to agency data, including procurement details, use cases, and security and privacy assessments.
    Peters sent letters to the Department of Agriculture, Department of Commerce, Department of Defense, Department of Education, Department of Energy, Department of Health and Human Services, Department of Homeland Security, Department of Housing and Urban Development, Department of Justice, Department of Labor, Department of State, Department of Transportation, Department of Veterans Affairs, Department of the Interior, Department of the Treasury, Environmental Protection Agency, General Services Administration, National Aeronautics and Space Administration, National Science Foundation, Nuclear Regulatory Commission, Office of Personnel Management, Small Business Administration, Social Security Administration, and U.S. Agency for International Development. 
    Peters also sent a letter to the Government Accountability Office requesting an audit of DOGE’s activities, focusing on whether they are complying with established privacy and cybersecurity laws for federal agency data and systems. 
    Text of the letter to the Department of Homeland Security can be read here. 

    MIL OSI USA News –

  • MIL-OSI USA: Baldwin Introduces Bill to Release Illegally Withheld Funding for Wisconsin Farmers

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) and her colleagues introduced the Honor Farmer Contracts Act, legislation to release illegally withheld funding for all contracts and agreements previously entered into by the U.S. Department of Agriculture (USDA). President Trump’s USDA has refused to make reimbursement payments to fulfill signed contracts, without any indication of when or whether farmers will be paid the money they paid out and are owed. Farmers in Wisconsin and the organizations that serve them operate on tight margins and cannot be left waiting without funding they rightfully were awarded and planned for. This legislation would require the USDA to pay farmers all past due payments as quickly as possible to prevent them from having to shut down their operations.
    “Donald Trump and Elon Musk are stiffing our farmers and processors – taking away resources these folks were guaranteed, threatening small businesses’ ability to stay open and people’s livelihoods. Wisconsin farmers work hard on tight margins and drive our rural economy forward – and there is no reason they should be left high and dry by this administration just so Elon Musk and Donald Trump can pass a tax break that makes their rich friends richer,” said Senator Baldwin. “It’s wrong and I am fighting back.”
    When farmers successfully apply to USDA programs and then spend their own dollars  under contracts with the agency, they rightfully expect that they will receive reimbursement. Similarly, farmer-serving organizations—which farmers rely upon to connect to local markets and implement practices that make them more productive and less resource intensive—are facing imminent funding crises from not being reimbursed for completed or in-progress contracted work. If not quickly made whole, these organizations will be forced to make agonizing decisions to lay off staff and stop helping farmers, destroying years of progress and investment in our agriculture economy.
    In March of this year, Senator Baldwin successfully pushed the USDA to restart payments already committed to Wisconsin Dairy Business Innovation (DBI) Initiative recipients after calling on the Trump Administration the month prior to release the funding. She’s also called on the Trump Administration to reverse course on funding for a partnership between Wisconsin farmers and local food banks that was clawed back by the federal government earlier this month.
    The Honor Farmer Contracts Act would:
    Require USDA to unfreeze all signed agreements and contracts;
    Require USDA to make all past due payments as quickly as possible;
    Prohibit USDA from cancelling agreements or contracts with farmers or organizations providing assistance to farmers unless there has been a failure to comply with the terms and conditions of the agreement or contract.
    Prohibit USDA from closing any Farm Service Agency county office, Natural Resources Conservation Service field office or Rural Development Service Center without providing 60 days prior notice and justification to Congress.
    The bill is led by Senator Cory Booker (D-NJ) and also co-sponsored by Senators Tammy Duckworth (D-IL), Peter Welch (D-VT), Adam Schiff (D-CA), Chris Van Hollen (D-MD), Ron Wyden (D-OR), Martin Heinrich (D-NM), Kirsten Gillibrand (D-NY), Angus King (I-ME), Tina Smith (D-MN), Ed Markey (D-MA), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Jeff Merkley (D-OR), Sheldon Whitehouse, and Bernie Sanders (I-VT). U.S. Representative Gabe Vasquez (D-NM-02) also introduced companion legislation in the House of Representatives.
    Full text of this legislation is available here.

    MIL OSI USA News –

  • MIL-OSI China: China, Zambia ink macadamia nut export deal

    Source: People’s Republic of China – State Council News

    CHILANGA, Zambia, March 31 — China and Zambia on Monday signed an agreement on the export of macadamia nuts to the Asian country.

    The signing ceremony was attended by Charge d’Affaires of the Chinese Embassy Wang Sheng and Zambian Agriculture Minister Mtolo Phiri.

    In his remarks, Wang said the signing of the agreement signifies a major step in opening up the Chinese market to Zambian nuts, which will greatly benefit local farmers in the foreseeable future.

    According to him, in addition to this protocol and previous agreements on the export of blueberries from Zambia to China, negotiations are also underway for the export of other agricultural products, such as dry paprika and avocados.

    “I am sure that before long, more high-quality agricultural products from this country will find their way to the Chinese market,” he said.

    The agreement is an important outcome of the Forum on China-Africa Cooperation held in Beijing in September last year when China announced its commitment to granting all least developed countries, including Zambia, with which it has diplomatic relations, zero-tariff treatment for 100 percent of tariff lines.

    According to him, as the world’s second-largest economy with a population of 1.4 billion, China offers a huge market for any country.

    For his part, the Zambian minister thanked China for providing Zambia with an open and expansive market for its nut exports.

    He said the move would help Zambia diversify its agricultural production and improve the quality of its products, as China maintains strict standards for agricultural imports.

    The signing of the agreement reflected Zambia’s commitment to promoting trade and investment, as well as the strategic partnership with China, he added.

    MIL OSI China News –

  • MIL-OSI Australia: Putting the chop on illicit tobacco crops

    Source:

    Illicit tobacco operations are not run by genuine farmers but by organised crime syndicates. These activities divert vital funds from the community and place them into the hands of criminals, who use the profits to fund other serious crimes.

    By staying informed and vigilant, everyone can play their part in keeping the community safe and ensuring a level playing field for legitimate businesses.

    With the tobacco growing season well underway, the Australian Taxation Office (ATO) is urging the community to be aware of signs that illicit tobacco is being grown, and report it to us.

    How to spot a tobacco plant

    Ever wondered if the plant you’re staring at in a field is a tobacco plantThis link will download a file or perhaps a type of vegetable? Here’s how to tell:

    • Height: A tobacco plant typically stands tall at around 2.5 metres.
    • Leaves and resemblance: Look for large, green leaves that might remind you of kale, cabbage, or even corn.
    • Flowers: Tobacco plants feature long, trumpet-shaped flowers that are pinkish-white.

    Next time you see a plant that fits this description, you might just be looking at a tobacco plant.

    How to spot illicit tobacco activity

    Ever wondered if there’s a secret tobacco operation happening right under your nose? Here are some telltale signs that might suggest the presence of illicit tobacco activity in your community:

    • Construction activities along creeks and rivers on private and public land.
    • Unexplained and potentially unlawful use of water resources.
    • Vans without markings constantly being loaded with cardboard boxes, potentially at odd hours of the day and night.
    • Excessive security measures such as cameras, locks or guards, in seemingly ordinary farms or shops.
    • The sound of machinery running overnight.

    How to report it

    If you suspect that illicit tobacco is being grown or manufactured in your community, report it to the ATO online at www.ato.gov.au/tipoff, or phone 1800 060 062. Community tip-offs are one of our best sources of information.

    A recent raid at a property in rural Victoria, prompted by a community tip-off, led to the seizure and destruction of over 16 tonnes of illicit tobacco. The amount seized is equivalent to the size of a young blue whale and has an estimated excise value of nearly $35 million. This operation, which targeted an organised crime syndicate, highlights the crucial role that community members play in combating illegal tobacco activities.

    The ATO urges everyone to remain vigilant and report any suspicious activity related to illicit tobacco production to the authorities. By working together, we can help protect our communities from the harmful impacts of illegal tobacco operations.

    Visit www.ato.gov.au/illicittobacco and download our infographic (PDF, 490KB)This link will download a file to learn more about illicit tobacco and how we are fighting back.

    Notes to journalists

    ATO stock footage and images are available for use in news bulletins from our media centre.

    MIL OSI News –

  • MIL-OSI USA: Reed & Whitehouse Press USDA to Reinstate Food Shipments to RI Food Banks

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — As grocery prices rise and more families struggle to afford basic staples, the Trump Administration is dramatically reducing aid for local food banks across the country that are already strained by rising demand. 

    Through cuts, contract cancellations, and funding freezes, the Trump Administration is providing up to $1.5 billion less for hunger relief and nutrition assistance through programs like the Local Food Purchase Assistance (LFPA) program and the Emergency Food Assistance Program (TEFAP).  This will result in less produce, meat, dairy, and other staples in the coming weeks and months for food banks nationwide to distribute to Americans in need.

    TEFAP is a core USDA nutrition program that buys food from American farmers to provide food assistance to those in need. In Rhode Island, TEFAP is administered by the Rhode Island Community Food Bank, in partnership with the Rhode Island Department of Human Services. The Rhode Island Community Food Bank orders food from USDA and distributes it out to its 143 member agencies across the state.  This network of food pantries, soup kitchens, and other organizations plays a key role in connecting the food provided by the USDA directly to Rhode Islanders facing food insecurity.  TEFAP helps Rhode Islanders access balanced and nutritious meals, supporting their well-being and helping to build stronger, healthier communities across the state.

    Because of Trump’s reduction in federal food assistance, the Rhode Island Community Food Bank is looking to replace about 500,000 pounds of food worth $1.74 million in TEFAP food deliveries set for the rest of the year that have reportedly been canceled. 

    Earlier this week, U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) joined with 24 Senate colleagues in pressing the U.S. Department of Agriculture (USDA) to reinstate these shipments of food to Rhode Island food banks.

    “A cancellation of these funds could result in $500 million in lost food provisions to feed millions of Americans at a time when the need for food shelves is extremely high due to costly groceries and an uncertain economy,” the 26 U.S. Senators wrote in a letter to USDA Secretary Brooke Rollins.

    “If true, this major shift in a program utilized by emergency food providers in every state in the nation will have a significant and damaging impact upon millions of people who depend upon this program for critical food assistance,” the Senators continued. “In addition, this program consists of purchases of U.S. commodities at a time when America’s growers and producers are struggling due to tariffs, proposed tariffs, animal disease and many other challenges.”

    The Senators asked Secretary Rollins for answers to a half-dozen key questions on topics ranging from the reasoning behind the reported cancellation, to plans for food purchases, and the impact the changes will have on dairy farmers and poultry producers.

    In addition to Reed and Whitehouse, the letter was signed by Minority Leader Chuck Schumer (D-NY) and Senators Amy Klobuchar (D-MN), Jeanne Shaheen (D-NH), Ron Wyden (D-OR), Dick Durbin (D-IL), Bernie Sanders (I-VT), Mark Warner (D-VA), Jeff Merkley (D-OR), Michael Bennet (D-CO), Kirsten Gillibrand (D-NY), Chris Coons (D-DE), Richard Blumenthal (D-CT), Tammy Baldwin (D-WI), Angus King (I-ME), Cory Booker (D-NJ), Catherine Cortez Masto (D-NV), Tina Smith (D-MN), Jacky Rosen (D-NV), Ben Ray Luján (D-NM), Raphael Warnock (D-GA), Peter Welch (D-VT),  Adam Schiff (D-CA), Andy Kim (D-NJ), and Elissa Slotkin (D-MI).

    Reed and Whitehouse also noted that in Rhode Island, the cancellation of food assistance not only takes food away from hungry people, but it also hurts local farmers who are being squeezed by Trump’s tariffs and deep cuts to domestic markets.  Further, they contend that USDA’s lack of clear communication has made it harder for food banks to plan, budget, and feed the growing numbers of people who are turning to them as unemployment and inflation rises.

    Full text of the letter follows:

    Dear Secretary Rollins:

    We write regarding the reported cancellation of hundreds of millions of dollars in previously approved funding for food banks and other emergency food providers through The Emergency Food Assistance Program (TEFAP). A cancellation of these funds could result in $500 million in lost food provisions to feed millions of Americans at a time when the need for food shelves is extremely high due to costly groceries and an uncertain economy. If true, this major shift in a program utilized by emergency food providers in every state in the nation will have a significant and damaging impact upon millions of people who depend upon this program for critical food assistance.

    In addition, this program consists of purchases of U.S. commodities at a time when America’s growers and producers are struggling due to tariffs, proposed tariffs, animal disease and many other challenges.

    According to recent statistics, nearly one in every seven Americans have faced food insecurity. Many of these households turn to community and emergency relief organizations such as food banks and food pantries to help them obtain sufficient nutrition. In 2023 alone, 50 million Americans turned to emergency food providers, according to a report from Feeding America, America’s largest network of food banks. While food banks rely on a variety of sources (including private) to obtain food for distribution through their networks, federally purchased commodities are a key part of how they provide nutritious meals to Americans. 

    Due to this reported change, a number of us have heard that trucks delivering American-grown foods may not arrive. These trucks represent hundreds of thousands of nutritious meals containing poultry, fruits, vegetables, and dairy. If confirmed, the cancellation of this previously announced funding also comes on top of the cancellation of Local Food for School Program and the Local Food Purchase Assistance Program funding, which also helps farmers deliver nutritious foods to schools and food banks. These cuts will deprive Americans of food assistance, emergency food providers of necessary support to carry out their work, and American farmers of vital domestic markets.

    To help us understand USDA’s actions and their impact on communities around the country, we ask that you answer the following questions.

    1.      Has USDA cancelled previously approved purchases of food provided through TEFAP? If so, what level of funding has been cancelled thus far and when will state agencies be notified of any cancelled TEFAP purchases?

    2.      Does USDA plan to cancel additional purchases of food provided through TEFAP?

    3.      Has USDA paused any TEFAP food orders or purchases? If so, what is the current status of those orders or purchases? Does USDA intend to un-pause these funds? 

    4.      Please provide information on what types of funding, by commodity, have been cancelled and the financial impact of those cancellations on producers such as pork, chicken, turkey and dairy farmers.

    5.      Is the funding announced on October 1, 2024 and detailed in the implementation memo that the Food and Nutrition Service sent to state agencies on December 2 rescinded?

    6. Does USDA intend to use Commodity Credit Corporation funds in Fiscal Year 2025 for future purchases that will be distributed through TEFAP? 

    We ask for a prompt response to these questions by the end of the week.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI USA: Tuberville, Marshall Push for Roll Back of Biden Anti-Gun Rule

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Roger Marshall (R-KS) in reintroducing the Stop Harassing Owners of Rifles Today (SHORT) Act. This legislation would remove the unconstitutional taxation, registration, and regulation of short-barreled rifles, short-barreled shotguns, and any other weapons under the National Firearms Act (NFA). 
    Sen. Tuberville cosponsored this legislation in the 118th Congress. 
    “For too long, unelected bureaucrats have misplaced their priorities by overregulating the use of firearms that Americans are legally entitled to own,” said Sen. Tuberville. “Every American has a right to bear arms to protect themselves and their families. I’m proud to join legislation that cuts red tape and protects law-abiding gun-owners.”
    “‘Shall not be infringed’ is crystal clear – and the Biden-era abuses of the Constitutionally protected rights of gun owners across the country need to be undone,” said Sen. Marshall.“The SHORT Act takes a step toward rolling back nonsensical regulations that the National Firearms Act has placed upon gun owners. I challenge my colleagues in both chambers to pass this legislation and join me in fully restoring and protecting our God-given Second Amendment rights.”
    Sens. Tuberville and Marshall were joined by Sens. Katie Britt (R-AL), Kevin Cramer (R-ND), Mike Crapo (R-ID), Cindy Hyde-Smith (R-MS), Jim Justice (R-WV), Cynthia Lummis (R-WY), Pete Ricketts (R-NE), Jim Risch (R-ID), Rick Scott (R-FL), and Tim Sheehy (R-MT) in cosponsoring the legislation.
    Congressman Andrew Clyde (R-GA-09) led the effort in the U.S. House of Representatives.
    Gun owners of America and the National Association of Gun Rights endorsed the legislation.
    Read full text of the legislation here.
    BACKGROUND:
    Using the NFA, the Biden Administration argued that people who own pistols with stabilizing braces are in possession of illegal short-barreled rifles. The ATF used that argument to facilitate a ban, forcing gun owners to violate their rule or participate in an unconstitutional registry titled “Amnesty Registration of Pistol Brace Weapons,” to keep their firearms. Eliminating unconstitutional and unnecessary restrictions, taxation, and registration placed on NFA firearms will ensure that the ATF does not enact any future version of this ban.
    In addition to removing the unconstitutional taxation, registration, and regulation of firearms, this legislation would also require the ATF to destroy all records relating to the registration, transfer, or manufacture of these NFA firearms, preventing the ATF from further harassing owners or confiscating these firearms.
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP, and Aging Committees.

    MIL OSI USA News –