Business Wire

Alipay Ant Forest Named UN Champion of the Earth, the United Nation’s Highest Environmental Honor

Share

Alipay Ant Forest, a green initiative on the world’s leading payment and lifestyle platform Alipay, has been awarded the United Nation’s highest environmental honor – the “UN Champions of the Earth” award – for inspiring over half a billion people to take action in their daily lives to live greener lifestyles and help protect the environment through the power of digital technology.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190918006096/en/

(Photo: Business Wire)

(Photo: Business Wire)

Launched in the Alipay app in August 2016, the Ant Forest green initiative encourages users to adopt low-carbon activities — such as paying utility bills online, and walking or taking buses to work instead of driving — in their daily lives. Such behavior is counted and converted into virtual “green energy points” that accumulate to grow a virtual “tree” in the user’s mobile phone. With enough energy points, the virtual tree is converted into a real one and planted by Alipay and its philanthropic partners in desertification areas that need reforesting. In turn, this tree-planting initiative has inspired users to further adopt low-carbon and environment-friendly behavior.

By August 2019, Alipay Ant Forest has attracted over 500 million users, resulting in 122 million trees planted in arid areas in China, and the avoidance of 7.9 million tons of carbon emission. It’s influence has also traveled beyond China. Inspired by Alipay Ant Forest, the Philippines’ leading mobile wallet GCash introduced GCash Forest on its App in June 2019, enabling local users to contribute to reforestation and environmental preservation by adopting low carbon activities in their daily lives.

“Alipay Ant Forest shows how technology can transform our world by harnessing all the positive energy and innovation of global users,” said Inger Andersen, Executive Director of the United Nations Environment Programme. “Although the environmental challenges we face are daunting, we have the technology and the knowledge to overcome them and fundamentally redesign how we interact with the planet. Initiatives like Alipay Ant Forest harness the best of human ingenuity and innovation to create a better world,” she said.

Champions of the Earth is the UN’s flagship global environmental award, established in 2005 to recognize outstanding figures from public and private sector and civil society that have had a positive impact on the environment. The United Nations Environment Programme (UN Environment) has recognized Alipay Ant Forest as a Champion of the Earth in the “Inspiration and Action” category.

“We are truly honoured to receive this Champions of the Earth award,” said Eric Jing, Chairman and Chief Executive Officer of Ant Financial. “Alipay Ant Forest reflects our belief that technology can and should be harnessed for social good. We are grateful to our many users and partners who have joined our efforts to plant 122 million trees and advance a shared vision of sustainable and inclusive development. Alipay Ant Forest’s popularity shows that the public is ready to take action to combat climate change,” he said.

In addition to planting trees, users can also choose to protect certain areas of conservation land through Alipay Ant Forest. The green initiative is further exploring innovative solutions that can help alleviate poverty and improve local lives through the power of digital technology.

By August 2019, Alipay Ant Forest has created over 400,000 job opportunities for local communities and generated RMB 60 million in total income. One of those locals is 57-year-old former herdsman Nie Yusheng, who now looks after over 2,000 hectares of Alipay Ant Forest as a forest ranger.

“’I never thought an ordinary herdsman like me could help change the environment in this way. Today, I am really happy to see that the land I live on is becoming greener in the short span of three years, partly due to my tree-planting work,” said herdsman-turned-ranger Mr. Nie, who is also a tree-planter in Alipay Ant Forest No.1 forest zone in the Alashan League of Inner Mongolia.

About Alipay

Operated by Ant Financial Services Group, Alipay is the world’s leading payment and lifestyle platform. Launched in 2004, Alipay currently serves over 1 billion users with its local e-wallets partners. Over the years, Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Alipay’s in-store payment service covers over 50 markets across the world, and tax reimbursement via Alipay is supported in 35 markets. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies.

About Champions of the Earth

The annual Champions of the Earth prize is awarded to outstanding leaders from government, civil society and the private sector whose actions have had a positive impact on the environment. Since 2005, Champions of the Earth has recognized 88 laureates, ranging from world leaders to technology inventors.

Contact information

Media Enquiries
Ant Financial
Bell Wang
E: yixing.wl@antfin.com
M: +86 138 1038 5201

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Workiva Named Large Software Company of the Year by International Business Awards®21.10.2019 13:03:00 CESTPress release

Workiva (NYSE:WK), provider of the world’s leading connected reporting and compliance platform, has won a Gold Stevie® Award for Company of the Year in the large software company category in The 16th Annual International Business Awards®. The awards were presented at a gala ceremony in Vienna, Austria on October 19. “Workiva is honored to be recognized globally with a Gold Stevie Award,” said Marty Vanderploeg, CEO of Workiva. “We give our employees the freedom and resources they need – backed by our culture of collaboration and inclusion – to help our customers around the world build trust with connected reporting." The International Business Awards are the world’s premier business awards program. A record total of more than 4,000 nominations from organizations of various sizes and industries in 74 nations and territories were submitted this year for consideration in a wide range of categories. More than 250 executives worldwide served as Stevie Awards judges from May through August.

Mavenir Demonstrates Automated Deployment of Cloud-Native 5G Core at MWC LA21.10.2019 13:00:00 CESTPress release

Mobile World Congress: Mavenir, a US-based Network Software Provider, and the industry's only end-to-end cloud-native vendor for CSPs, announced today its 5G Core platform, which includes a comprehensive set of 5G core functions on a containerized cloud-native platform. The decomposition of functions into these modular units provides the operators the flexibility to scale them independently; scalability and flexibility that wasn’t possible with 4G EPC. Mavenir has invested heavily in developing the 5G Core solution from the ground-up on cloud-native principles that can still be retrofitted on EPCs. The solution encompasses all the major 5G core elements, such as AMF, SMF, UPF, NRF, UDSF, PCF, UDM, UDR, NSSF, AUSF, BSF, N3IWF, SCP, SEPP, and SMSF. All these functions are implemented as micro-services in containers. In addition, Mavenir is also building remaining 5G core functions, NEF, 5G-EIR, NWDAF etc. The Mavenir 5G Core also combines 4G EPC functionality and offers a ‘Converged Mobi

ResMed Introduces AirFit N30, World’s First Tube-Down Nasal Cradle CPAP Mask21.10.2019 13:00:00 CESTPress release

ResMed (NYSE: RMD) (ASX: RMD) today introduced AirFit N30, the world’s first tube-down nasal cradle CPAP mask with a front-facing tube – a brand-new option for sleep apnea treatment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191021005138/en/ ResMed AirFit N30, tube-down nasal cradle CPAP mask (Photo: Business Wire) ResMed’s lightest mask yet, AirFit N30 features an adjustable elastic headgear, plus a nasal cradle cushion that sits under the nasal bridge, eliminating soreness in that area. The mask’s curved cushion is designed to provide a secure seal regardless of how the wearer sleeps or moves. Together, these innovations help make starting and staying on CPAP therapy easier than ever for more of the 936 million people worldwide living with sleep apnea. “AirFit N30 is about ease of use, helping people ease into therapy and addressing the most common pain points for longtime users,” said Jim Hollingshead, president of R

STELARA® (ustekinumab) Data Demonstrate Long-term Efficacy and Safety Results in Adults With Moderately to Severely Active Ulcerative Colitis in Phase 3 Extension Trial21.10.2019 12:12:00 CESTPress release

The Janssen Pharmaceutical Companies of Johnson & Johnson today announced new two-year data from the long-term extension of the Phase 3 UNIFI study, demonstrating the efficacy and safety of ustekinumab through two years of treatment in adults with moderately to severely active ulcerative colitis (UC). These data are being presented today as a late-breaking data presentation (LB01) at the 27th UEGW congress.1 These data include 399 participants who were in clinical response eight weeks after receiving a single intravenous (IV) induction dose of ustekinumab and who were then randomised to receive ustekinumab subcutaneous (SC) 90 mg injections every 12 weeks (q12w), ustekinumab SC 90 mg injections every 8 weeks (q8w), or placebo, and who were treated in the long-term extension.1 Results showed that the majority of patients were able to sustain remission through to week 92 as assessed by symptomatic remission. The percentage of patients receiving ustekinumab SC who were in symptomatic remi

H.I.G. Capital Acquires an Office Complex in Lyon21.10.2019 11:10:00 CESTPress release

H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with over $34 billion of equity capital under management, announced today that one of its affiliates has recently completed the acquisition of an office complex totaling approximately 29,000 sqm in Lyon, France’s second economic centre. The buildings are expected to be delivered in March 2021 and have already been 70% pre-let to an A rated French corporate tenant on a long-term basis. Terms were not disclosed. H.I.G. continues to add to its sizeable holdings of real estate assets across Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small and midcap opportunities. Riccardo Dallolio, Managing Director and Head of H.I.G. Realty Partners Europe, commented: “Our focus in France is on high delivering quality assets with strong tenants that have the potential of becoming highly liquid institutional product as the result of the envisaged v

Rubicon Project Acquires RTK.io, A Leader in Open Source Header Bidding Solutions21.10.2019 10:00:00 CESTPress release

Rubicon Project (NYSE:RUBI), the global exchange for advertising, today announced the acquisition of RTK.io, a leading provider of tools and services that bring simplicity and control to header bidding for publishers. RTK’s solution is built on Prebid, the same open source framework as Demand Manager, the header bidding solution Rubicon Project launched in May 2019. RTK’s technology and team enable Rubicon Project to extend its Demand Manager product portfolio and client base. In the coming months, the company plans to integrate the two solutions to address the growing needs of publishers globally. Rubicon Project acquired RTK in an all-cash transaction for $11 million. “RTK shares our commitment to open source and our passion for serving publishers with powerful tools and incredible client service,” said Michael Barrett, President and CEO of Rubicon Project. “The company has a strong group of header bidding experts and Prebid developers that adds depth to our already great team. Toget