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ReneSola Power and Eiffel Investment Group Announce MOU for Joint Venture to Fund Solar Development in Europe

STAMFORD, Conn., Jan. 5, 2021 /PRNewswire/ — ReneSola Ltd («ReneSola Power» or the «Company») (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it signed a Memorandum of Understanding (MOU) with Eiffel Investment Group («Eiffel»), a leading asset management firm with 3 billion euros under management, to establish a joint venture that will…

Under the terms of the MOU, ReneSola Power and Eiffel Investment Group will create a 51/49 joint venture company with ReneSola Power having a 51 percent ownership stake and Eiffel injecting new capital into the joint venture for a 49 percent ownership. The JV intends to develop up to 1 GW of solar projects in the next several years across Europe.

Mr. Josef Kastner, CEO of ReneSola European Region, commented, «We are excited to form a joint venture with Eiffel Investment Group, a long-term strategic partner and proven leader in business financing. Our industry requires efficient and scalable financing models to meet demand. We expect the joint venture to help facilitate the development of our existing pipeline of project opportunities and prospective projects that meet our development criteria.»

Mr. Yumin Liu, ReneSola Power Chief Executive Officer, added, «We received a handful of offers across Europe and ultimately selected Eiffel for this partnership. The new joint venture clearly demonstrates Eiffel Investment Group’s confidence in our ability to successfully develop and build projects in various target markets. Importantly, the joint venture fits well with our growth strategy, enabling us to further expand our project development activities across Europe and set a high standard for the sustainable development of the solar industry. «

Mr. Pierre-Antoine Machelon, Managing Director at Eiffel Investment Group, said, «We are very excited by this promising expansion of our partnership with ReneSola Power. This innovative transaction leverages their strong experience of PV development in Europe and our capacity to bring financial resources at the most critical stages of the projects’ life cycles.»

Eiffel Investment Group will make capital contributions to the joint venture as qualifying projects are constructed in the targeted markets of Europe. ReneSola Power will lead the project identification and development process. Both partners will then determine the best methodology to value the projects. Once constructed, the projects will be sold by the joint venture.

Germany-based Capcora served as financial advisor to ReneSola Power for the fundraising process, managing a structured bidding process, evaluating the pipeline and developing a suitable joint venture structure.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

About Eiffel Investment Group

Eiffel Investment Group is an asset management firm specializing in corporate finance. The group now manages more than three billion euros and offers companies a wide range of private and listed debt and equity financing solutions. The group, which has significant equity capital, has established an institutional infrastructure and ensures a very strong alignment of interest with the fund’s institutional investor clients. Eiffel Investment Group is an independent company owned by its team alongside Impala.

About Capcora

Capcora is a consulting firm, specialized on real assets. Capcora procures equity, mezzanine and debt financing for energy and infrastructure projects, real estate, and medium sized companies. The focus is especially on mezzanine financing for the recapitalization of tied-up liquidity in operating assets as well as for bridge financing of developments and construction measures in the area of renewable energies (photovoltaics, onshore wind, green gas) and real estate through alternative financing sources.

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SOURCE ReneSola Ltd.

Global Construction: 2020’s Outperformance Unlikely to be Sustained

LONDON, Jan. 5, 2021 /PRNewswire/ — 2020 was a better year for construction than for many other industries according to the latest Global Construction 2030^[1] report. The volume of global construction output declined by only around 2% in 2020, less than half the rate of decline in the world economy. Construction was categorised as an essential industry in most countries, enabling it to continue working during lockdowns. Also, «work at home» orders encouraged people to invest more in their…

Amongst the 90 countries included in the report, 16 had a double-digit percentage declines in their construction volumes in 2020; with Panama (-30%), Singapore (-25%) and the Philippines (-22%) suffering the largest falls. Only Saudi Arabia (+15%) had a double-digit percentage increase.

Construction is likely to underperform the global economy in future years, particularly as it’s more impacted by stretched public finances, despite many countries announcing increased infrastructure investment.

During the next two years, as the world recovers from COVID, we expect construction volumes globally to increase by an average of 3.2% a year, with double-digit percentage increases in seven countries and declines in only three countries, all of which are in Europe.

Over the longer term (2023 to 2030) we forecast that the volume of construction output will increase by an average of 2.3% a year globally, with annual growth rates varying between a decline in Japan (-0.5% p.a.) to increases exceeding 8% a year in Tanzania (+8.4% p.a.), Ethiopia (+8.4% p.a.) and Bangladesh (+8.0% p.a.).

We estimate that the value of global construction output in US$ at constant exchange rates and in 2020 prices will increase from $11.6 trillion in 2020 to around $14.8 trillion in 2030, a growth rate averaging 2.5% a year. We expect China to remain the largest construction market globally, but to decline in importance from 32.0% of the global total in 2020 to 29.2% in 2030. We also expect Japan’s contribution to the total to decline from 7.0% in 2020 to 5.4% in 2030, when we forecast that it will be overtaken by India as it becomes the third largest construction market globally. We expect Indonesia to surpass France and Australia to become the sixth largest construction market in 2030, with France dropping from the sixth largest in 2020 to the eighth largest in 2030.

Around 43 million new homes will be required each year globally between 2020 and 2030, with 11 million of these being in India, 7 million in China, 2m in Nigeria and 1.5 million in the US. Brazil, Pakistan and Indonesia are also each expected to require more than a million new homes every year.

1. www.globalconstruction2030.com for report. Separate forecasts are published for housing, non-housing and infrastructure work for 63 of the 90 countries.

Contact:
Dr Mike Betts,
Global Construction Perspectives,
Mobile +447833431682.
E-mail: mike@gcp.global

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SOURCE Global Construction Perspectives

Volunteer in the Tennessee River Valley – A New Year’s Resolution for 2021

KNOXVILLE, Tenn., Jan. 5, 2021 /PRNewswire-PRWeb/ — Making a new year’s resolution is a tradition for many Americans. While the more popular resolution Americans gravitate toward is becoming more physically fit and healthy, volunteer work is a very rewarding activity to consider as a goal in 2021. With the Tennessee River Valley covering over 290,000 acres of public land and 11,000 miles of shoreline, there are many ways to volunteer and to get involved with conservation and cleanup efforts.

Over 650 miles long, the Tennessee River snakes through seven states, playing an integral role in each state’s economy, tourism and quality of life. It is one of the most ecologically important river systems in the country and thousands of visitors make their way to participate in the world-class recreation found throughout the region. To help maintain and protect the valuable resources found in the Tennessee River Valley, there are opportunities that range from archaeology to conservation education and from trail maintenance to fish and wildlife education for individuals, groups and businesses to take part in and instill a legacy of conservation.

«For those who enjoy getting out in nature and have a passion for conservation, consider becoming a volunteer with the Tennessee Valley Authority,» said Julie Graham, spokesperson for the Tennessee River Valley Stewardship Council. «If everyone plays a small role, whether its removing trash and debris from the shorelines or monitoring archaeological sites for vandalism, the work will help retain the natural beauty and recreational assets of the Tennessee River Valley region for future generations to enjoy.»

Every February, staff members along with volunteers come together to clean-up the Clarks River National Wildlife Refuge and the surrounding community. The next Litter Day will take place on February 20, 2021. A volunteer services agreement can be downloaded at https://www.fws.gov/refuge/Clarks_River/what_we_do/get_involved.html.

Nestled in the mountains of East Tennessee, Norris Lake is one of the cleanest lakes in the Tennessee Valley Authority’s system and a popular destination for outdoor recreation. The five counties that contain Norris Lake come together to conduct bi-annual cleanups. The first cleanup scheduled in 2021 is set for Saturday, March 27 from 9 a.m. to 1 p.m. For more information or to register for the cleanup, call 800-524-3602 or visit http://www.norrislakeproject.com.

There are plenty of opportunities to become involved in the 170,000 acres of forests and open lands, 300 miles of undeveloped shoreline and 500 miles of trails that make up Land Between the Lakes National Recreation Area. Volunteer activities consist of trail maintenance and cleanup, support of special events, monitoring the Elk and Bison Prairie or assisting with administrative work. During the National Public Lands Day and shoreline cleanup events, volunteers remove over a ton of trash from Land Between The Lakes; almost 60% of which is recycled.

The Middle Tennessee Fly Fishers is hosting a cleanup on Elk River on March 20, 2021. The club will provide grabbers to pick up the trash and bags to hold it. Those interested are asked to meet at Woodard’s Market and Deli in Lynchburg, Tenn. at 7:00 a.m. for a bite to eat prior to dispersing to Tims Ford Dam. Membership in the organization is not required to participate in the cleanup. For more information, visit https://www.middletennesseeflyfishers.org/conservation-cleanup.html. To rsvp for the cleanup, visit https://www.middletennesseeflyfishers.org/elk-river-cleanup-rsvp.html.

For those living in Knoxville, the Knox County Parks and Recreation offers a program for its citizens to lend a helping hand. ADOPT-A-PARK is a volunteer program that recruits and trains residents to assist in the general care, supervision and maintenance of neighborhood parks and greenways. For more information, visit https://knoxcounty.org/parks/adoptpark/adopt_a_park.php.

Keep The Shoals Beautiful in northwest Alabama hosts a variety of programs year round for the public to get involved with cleanup efforts including a litter tournament with a $500 grand prize. Litter picked up by volunteers during last year’s event along Pickwick Lake filled 207 trash bags weighing in over 5,000 pounds. For more information, visit http://www.keeptheshoalsbeautiful.org or for the latest updates, follow the organization on Facebook at https://www.facebook.com/KeepTheShoalsBeautiful.

Located in the foothills of the Appalachian Mountains in northeast Mississippi, Tishomingo State Park is rich in history and timeless natural beauty. The Friends of Tishomingo State Park have been very active over the years in doing repairs to many of the valuable structures. Volunteers typically meet monthly to plan and organize cleanup projects.

For those who do not make new year’s resolutions, the Martin Luther King Jr. is observed each year as «a day on, not a day off.» MLK Day is the only federal holiday designated as a national day of service to encourage all Americans to volunteer to improve their communities. The Martin Luther King Jr. holiday on Jan. 18, 2021, marks the 26th anniversary of the day of service that celebrates the Civil Rights leader’s life and legacy.

For information on additional volunteer opportunities, visit http://www.tva.com/volunteer, or email the volunteer coordinators at volunteer@tva.gov or call the Public Land Information Center at 800-TVA-LAND.

Media Contact

Julie Graham, Tennessee River Valley Stewardship Council, 865-585-0811, tennesseerivervalleymapguide@gmail.com

Twitter, Facebook

SOURCE Tennessee River Valley Stewardship Council

Automotive Lightweight Materials Market to Hit $247 Bn by 2026; Global Market Insights, Inc.

SELBYVILLE, Del., Jan. 5, 2021 /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the automotive lightweight materials market, which

SELBYVILLE, Del., Jan. 5, 2021 /PRNewswire/ — Global Market Insights, Inc. has recently added a new report on the automotive lightweight materials market, which estimates the market valuation for automotive lightweight materials will cross US $247 billion by 2026. Growing concerns to reduce carbon footprints around the globe will positively influence revenue generation.

Steel material is forecast to register a growth rate of over 8.5% CAGR through 2026 as these are still widely used in the production of automotive structures. New automotive structures present in the industry are benefited due to high-strength steel, advanced high-strength steel, and ultra-high-strength steel. The applications of these modern grade steels help in mass reduction by reducing sheet gages and by lowering specific density, thus allowing considerable emission reduction. Growing penetration of electric vehicles in the emerging markets owing to government policies on carbon emission will propel automotive lightweight materials’ market growth during the forecast period.

Request for a sample of this research report at https://www.gminsights.com/request-sample/detail/3315

The powertrain segment is predicted to cross USD 50 billion by 2026. A powertrain holds a significant share in overall vehicle weight and is a prime candidate for the application of lightweight material. Traditionally, engine blocks were made of iron and heavy steel. However, with the increasing use of automotive lightweight materials, aluminum housing has replaced traditional materials.

The extrusion process is likely to witness around a 10% CAGR during 2020 to 2026. The extrusion process aids the manufacturers to assemble metal where it is needed and to introduce features in a single part. This eliminates the need for and assembly of multiple parts composed of alternative materials. Aluminum extraction is more expensive than steel extrusion, however, it imparts a lower weight to the automobile and adds features that are not possible with steel components.

The battery electric vehicles segment will witness significant growth in the automotive lightweight vehicles market size. Growth can be attributed to the growing demand to reduce fuel emissions and follow strict air quality standards, propelling the segment share. Moreover, increasing income levels coupled with a tax exemption for battery electric vehicles will boost the automotive lightweight materials market during the projected time period.

Europe’s automotive lightweight materials market is set to hold more than a 25% share in 2026. The COVID-19 pandemic has impacted automobile production across the region. Steady recovery of automobile production in Q1 and Q2 of 2021 will propel the industry growth. The implementation of stringent Euro 6 norms will reduce CO₂emissions along with other pollutants such as carbon monoxide and nitrogen oxide. This will force automakers to be more fuel-efficient. Growing R&D expenditure to develop more efficient automotive lightweight materials will boost the market during the projected time frame.

Some major findings of the automotive lightweight materials market report include:

Various governments across the world have introduced strict emission standards and limitations on CO₂& other pollutants from automobiles, thereby propelling the automotive industry growth.
Aluminum alloys, such as AA7075 or AA7021, show increased strength in the application of thinner sheets coupled with significant mass reduction. This leads to lower consumption of energy along with increased environmental protection. Aluminum alloys can save up to 50% of the cost as compared to iron and steel while maintaining safety and increasing performance in a cost-effective way.
Key manufacturers of the automotive lightweight materials industry are BASF SE, LANXESS Deutschland GmbH, Aleris Corporation, ArcelorMittal, WHB Brasil, AK Steel Corporation, Tata Steel, LyondellBasell Industries Holding B.V., Owens Coming, SGL Carbon, Stratasys Ltd., and POSCO.

Request for customization of this research report at: https://www.gminsights.com/roc/3315

Partial chapters of the report’s table of contents (TOC):

Chapter 3 Automotive Lightweight Materials Industry Insights

3.1 Industry segmentation

3.2 Industry ecosystem analysis

3.2.1 Raw material supplier

3.2.2 Manufacturers

3.2.3 Profit margin analysis

3.2.4 Distribution channel analysis

3.2.4.1 OEM

3.2.4.2 Aftermarket

3.2.4.3 E-commerce

3.2.5 Value chain disruptions due to COVID-19

3.2.6 Vendor matrix

3.3 Technology landscape

3.3.1 Thin wall aluminum die casting

3.3.2 Warm forming

3.4 Automotive production, by region, 2016 – 2018

3.4.1 North America

3.4.2 Europe

3.4.3 APAC

3.4.4 LATAM

3.4.5 MEA

3.5 Pricing analysis (including COVID-19 impact)

3.5.1 Cost structure analysis

3.6 Regulatory landscape

3.6.1 North America

3.6.2 Europe

3.6.3 APAC

3.6.4 LATAM

3.6.5 MEA

3.7 Industry impact forces

3.7.1 Growth drivers, by region

3.7.1.1 Stringent regulations for reducing fuel emissions

3.7.1.2 Increasing adoption of alternative powertrains

3.7.1.3 Emerging future mobility

3.7.1.4 Surging production of electric vehicles

3.7.2 Industry pitfalls & challenges

3.7.2.1 Affordability of light weighting solutions

3.7.2.2 High risks associated with new material adoption

3.7.2.3 Limited collaboration across automotive supply chain

3.8 Materials used for key vehicle components (Current & future)

3.9 Key OEM strategies for vehicle weight reduction

3.10 Lightweighting outlook for electric vehicles

3.11 Innovation and sustainability

3.12 Growth potential analysis

3.13 Porter’s analysis

3.14 Competitive landscape, 2019

3.14.1 Company market share analysis, 2019

3.14.2 Key stake holders

3.14.3 Strategy dashboard

3.15 PESTEL analysis

Browse related report:

Automotive Interior Materials Market Size By Material (Plastic [Thermoplastics, Thermosets], Composites [Glass Fiber, Carbon Fiber, Natural Fiber], Fabrics, Leather), By Application (Consoles & Dashboards, Doors, Seats, Steering Wheels, Floor Carpet), By Vehicle (Passenger Cars, LCV, HCV), By End-users (OEM, Aftermarket), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

https://www.gminsights.com/industry-analysis/automotive-interior-material-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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Automotive Lightweight Materials Market to exceed $245 Bn by 2026
Automotive Lightweight Materials Market size is likely to surpass USD 245 billion by 2026, according to a new research report by Global Market Insights, Inc.

Related Links

Automotive Lightweight Materials Market

Automotive Seat Covers Market

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SOURCE Global Market Insights Inc.

DHC Group and Intouch Group Publish Whitepaper on Effectively Engaging Audiences in the COVID-19 Era

NEW YORK, Jan. 5, 2021 /PRNewswire/ — The DHC Group and Intouch Group announced that, together, they have published a new whitepaper titled The Now & The Next in Pharma Marketing. The whitepaper delves deep into practical solutions for the challenges pharmaceutical commercial organizations continue to face as a result of the COVID-19 pandemic. Areas covered include evolving the pharmaceutical marketing commercial strategy, real-world solutions and specific tactics to implement now, even as COVID-19 vaccines are beginning to be administered.

In the fall of 2020, Intouch Group and DHC Group partnered to undertake quantitative and qualitative research to explore how the COVID-19 pandemic has impacted — and continues to impact — pharmaceutical sales and marketing. Interviews with 22 senior-level stakeholders were conducted; surveys were fielded to 33 pharma executives and 250 physicians in the specialties of primary care, dermatology, gastroenterology, neurology, rheumatology, hematology, and oncology. Themes explored include rep access, telehealth, EHR/EMR opportunities, reviving new prescriptions and more.

«Thanks to some outstanding pharmaceutical science and grit, vaccines are on the way, and an end to the pandemic is in sight,» said Intouch Group CEO Faruk Capan. «Nevertheless, our clients tell us they still need solutions they can implement now. This whitepaper is filled with data, lessons, and new ideas for what’s happening now, plus solutions for what comes next.»

«Most brands recognize the world changed – perhaps forever – in 2020,» said Mark Bard, co-founder of DHC Group. «While a minority of brands and organizations are content to ‘wait and see’ what 2021 will deliver, the majority have already put innovation efforts into overdrive as they prepare for the data-driven, tech-enabled, and outcomes-focused future of healthcare.»

Access the whitepaper now at go.intouchg.com/NowandNextPR

DHC and Intouch Group have partnered since 2014 on projects designed to educate and inform the life sciences industry.

About DHC Group

DHC Group is a privately held network providing content, media and event services to global clients. The DHC Group preserves the legacy of the Digital Health Coalition, a nonprofit educational think tank formed in 2011 to serve as the collective voice for the discussion of issues relevant to digital marketing of healthcare products and services. Expanding on the scope and mission of that original project by industry thought leaders, the DHC Group provides existing and new clients with a mix of services and thought-leadership opportunities. Contact DHC Group at info@thedhcgroup.com or visit them on the Web at thedhcgroup.com. Learn more about the Digital Health Coalition at digitalhealthcoalition.org.

About Intouch Group

Intouch Group is a privately held full-service agency network, providing creative and media services, enterprise solutions and data analytics globally through seven affiliates in eight offices, including Intouch Solutions, Intouch Proto, Intouch Seven, Intouch International, Intouch Media, Intouch B2D and Intouch Analytics. Collectively, Intouch Group employs more than 1,000 people. With a dedication to the life sciences, Intouch Group operates with the belief that there is no challenge too big to cure. Contact Intouch Group at info@intouchg.com or visit them on the Web at intouchg.com.

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SOURCE Intouch Group

The financial innovators of 2020 are revealed by World Finance with the announcement of its Digital Banking Awards

LONDON, Jan. 5, 2021 /PRNewswire/ — The latest edition of World Finance magazine is out now and comes complete with a list of the most impressive companies in the digital banking sector during the last 12 months.

With unprecedented disruption caused by COVID-19 the finance industry was thrown in at the deep end and needed to quickly adjust to continue serving customers now restricted by global lockdowns. The World Finance Digital Banking Awards 2020 selects the firms that rose to this challenge and excelled, allowing for a seamless shift in the rise of digital banking offerings.

Institutions – young and old – that have invested time and money in making sure that their products and services are in line with the demands of the modern consumer are celebrated. The awards encompass two distinct categories: Best Mobile Banking App and Best Consumer Digital Bank.

In the Best Mobile Banking App category, winners included EVO Banco from Spain and Banreservas from the Dominican Republic. EVO Banco is a 100 percent digital bank that recognises the current digital transformation can give many companies the opportunity to achieve greater efficiency and productivity. Banreservas were well-positioned to respond meaningfully to those in need during the pandemic as it had been preparing and improving its banking apps for some time.

In the Best Consumer Digital Bank category, winners included Bulgaria’s Postbank and HBL from Pakistan. Postbank’s Bank@Home campaign encouraged its clients to stay home and a fully remote process of applying for and receiving debit and credit cards was launched. And HBL’s digital payment solutions are enabling its customers to enjoy a convenient cashless lifestyle.

These firms represent just a selection of the institutions revolutionising the digital banking space today. The World Finance Digital Banking Awards 2020 shine a spotlight on the companies that have risen up to embrace the future of banking.

To find out about some of the other winners, check out the latest issue of World Finance, available online, in print and on tablet now.

www.WorldFinance.com

World News Media is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

Contact information

World News Media
Richard Willcox
+44 (0)207 553 4151
richard@wnmedia.com

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SOURCE World News Media

The financial innovators of 2020 are revealed by World Finance with the announcement of its Digital Banking Awards

To find out about some of the other winners, check out the latest issue of World Finance, available online, in print and on tablet now.

www.WorldFinance.com

Contact information

World News Media
Richard Willcox
+44 (0)207 553 4151
richard@wnmedia.com

View original content:http://www.prnewswire.com/news-releases/the-financial-innovators-of-2020-are-revealed-by-world-finance-with-the-announcement-of-its-digital-banking-awards-301200398.html

SOURCE World News Media

Asia Pacific Reigns in 2021 Henley Passport Index as Region Looks Set to Emerge First from Pandemic

LONDON, Jan. 5, 2021 /PRNewswire/ — The latest results from the Henley Passport Index — the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa — provide fascinating insights into the future of travel freedom in a world transformed by the Covid-19 pandemic.

Without taking temporary restrictions into account, <span…

Without taking temporary restrictions into account, Japan continues to hold the number one position, with passport holders able to access 191 destinations visa-free. This marks the third consecutive year that Japan has held the top spot. Asia Pacific (APAC) dominance of the index — which is based on exclusive data from the International Air Transport Association (IATA) — now seems firmly established. Singapore sits in 2^nd position, with access to 190 destinations, and South Korea holds onto 3^rd place alongside Germany, with both having a visa-free/visa-on-arrival score of 189. Slightly further down but still in the top 10, New Zealand is in 7^th position, with visa-free access to 185 destinations, while Australia is in 8^th position, with access to 184 destinations.

Over the index’s 16-year history, the top spots were traditionally held by EU countries, the UK, or the US, and experts suggest the APAC region’s position of strength will continue as it includes the first countries to begin the process of pandemic recovery.

Dr. Christian H. Kaelin, Chairman of Henley & Partners and the inventor of the passport index concept, says with the US and the UK still facing significant challenges related to the virus, the balance of power is shifting. «Over the past seven years, the US passport has fallen from the number one spot to 7^th place, a position it currently shares with the UK. Due to pandemic-related travel constraints, travelers from both countries currently face major restrictions from over 105 countries, with US passport holders able to travel to fewer than 75 destinations, while UK passport holders currently have access to fewer than 70.»

With the first Covid-19 vaccine approved just over a month ago, airline industry experts believe that mandatory vaccination before air travel may soon be a necessity. A technological innovation scheduled to launch in Q1 2021 that will contribute to restoring global mobility is IATA’s Travel Pass initiative — a mobile application that enables travelers to store and manage their verified certifications for Covid-19 tests or vaccines.

Experts suggest that in terms of future global mobility, we cannot expect a return to pre-pandemic patterns. Dr. Parag Khanna, Founder of FutureMap, says nationality alone will no longer suffice to guarantee safe passage. «Even for still-powerful passports, additional protocols will be required to re-attain relatively frictionless mobility. Today’s youth are socially conscious, environmentally aware, and less nationalistic — all of which makes them potentially the most mobile generation in human history. They herald a seminal shift in mobility from being every country for itself to being every person for themself.»

Further key insights and expert analysis are contained in the Global Mobility Report 2021 Q1 released by Henley & Partners today. It includes new research by Deep Knowledge Group, overlaying data from the Covid-19 Risk and Safety Assessment of the economic, social, and health stability of 250 countries and regions with the latest Henley Passport Index results. What emerges is that for developed and developing nations alike, travel freedom is not only the result of a lack of social freedom or poor economic development but also a failure of risk management, health readiness, and monitoring and detection. In other words, global immobility is no longer solely the plight of citizens of less advanced countries.

Perhaps understandably, there were relatively few high-profile visa agreements during 2020. The notable exception was the UAE, which has continued its remarkable upward trajectory on the Henley Passport Index. The country signed a landmark US-brokered agreement establishing formal ties with Israel and granting citizens of each country visa-free access to the other. The UAE now has a visa-free/visa-on-arrival score of 173 and holds 16^th spot on the ranking. This is a stunning ascent when compared to the position it held at the index’s inception in 2006, when the country ranked 62^nd, with a visa-free/visa-on-arrival score of just 35.

Henley & Partners’ CEO Dr. Juerg Steffen says the volatility driven by Covid-19 has pushed the growing appeal of investment migration into overdrive. «The unprecedented events of 2020 have simultaneously exacerbated push factors such as political and economic instability, and reprioritized pull factors, with stability, safety, and access to quality education and healthcare becoming issues of greater concern than ever before. Alternative citizenship and residency are now a standard consideration for international families and entrepreneurs who are looking to hedge volatility and create long-term value through enhanced global mobility.»

Media Contact
Sarah Nicklin
Group Head of Public Relations
sarah.nicklin@henleyglobal.com

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SOURCE Henley & Partners

Asia Pacífico reina en el 2021 Henley Passport Index como región para emerger primero de la pandemia

LONDRES, 5 de enero de 2021 /PRNewswire/ — Los últimos resultados del Henley Passport Index, el ranking original de todos los pasaportes del mundo de acuerdo con el número de destinos a los que sus titulares pueden acceder sin visa previa, proporciona información fascinante sobre el futuro de la libertad de viaje en un mundo transformado por la pandemia de Covid-19.

Sin tener en cuenta las restricciones temporales, Japón sigue ocupando el puesto número uno,…

Sin tener en cuenta las restricciones temporales, Japón sigue ocupando el puesto número uno, con titulares de pasaportes que pueden acceder a 191 destinos sin visado. Este es el tercer año consecutivo que Japón ha ocupado el primer puesto. El dominio del índice en Asia Pacífico (APAC), que se basa en datos exclusivos de la International Air Transport Association (IATA), ahora parece firmemente establecido. Singapur se encuentra en la segunda posición, con acceso a 190 destinos, y Corea del Sur se mantiene en el tercer lugar junto a Alemania, ambos con una puntuación sin visado/visa a la llegada de 189. Un poco más abajo, pero todavía entre los 10 primeros, Nueva Zelanda está en la séptima posición, con acceso sin visado a 185 destinos, mientras que Australia está en la octava posición, con acceso a 184 destinos.

A lo largo de los 16 años de historia del índice, los primeros lugares fueron tradicionalmente mantenidos por países de la UE, Reino Unido o Estados Unidos, y los expertos sugieren que la posición de fortaleza de la región APAC continuará, ya que incluye a los primeros países en iniciar el proceso de recuperación de la pandemia.

Dr. Christian H. Kaelin, presidente de Henley & Partners y el inventor del concepto de índice de pasaportes, dice que Estados Unidos y Reino Unido todavía enfrentan desafíos significativos relacionados con el virus, el equilibrio de poder está cambiando. «En los últimos siete años, el pasaporte estadounidense ha caído del puesto número uno al séptimo lugar, posición que comparte actualmente con el Reino Unido. Debido a las limitaciones de viaje relacionadas con la pandemia, los viajeros de ambos países se enfrentan actualmente a importantes restricciones de más de 105 países, con los titulares de pasaportes estadounidenses pudiendo viajar a menos de 75 destinos, mientras que los titulares de pasaportes del Reino Unido actualmente tienen acceso a menos de 70.»

Con la primera vacuna para Covid-19 aprobada hace poco más de un mes, los expertos de la industria aérea creen que la vacunación obligatoria antes de los viajes aéreos puede ser pronto una necesidad. Una innovación tecnológica programada para su lanzamiento en el primer trimestre de 2021 que contribuirá a restaurar la movilidad global es la iniciativa Travel Pass de IATA, una aplicación móvil que permite a los viajeros almacenar y gestionar sus certificaciones verificadas para pruebas o vacunas de Covid-19.

Los expertos sugieren que, en términos de movilidad mundial futura, no podemos esperar un retorno a los patrones pre-pandémicos. El Dr. Parag Khanna, fundador de FutureMap, dice que la nacionalidad por sí sola ya no será suficiente para garantizar un paso seguro. «Incluso para pasaportes todavía potentes, se requerirán protocolos adicionales para volver a alcanzar una movilidad relativamente sin fricción. Los jóvenes de hoy en día son socialmente conscientes, conscientes del medio ambiente y menos nacionalistas, lo que los convierte en potencialmente la generación más móvil de la historia de la humanidad. Anuncian un cambio fundamental en la movilidad de ser cada país para sí mismo a ser cada persona para sí misma.»

Otras ideas clave y análisis de los expertos figuran en el Global Mobility Report 2021 Q1 publicado hoy por Henley & Partners. Incluye una nueva investigación de Deep Knowledge Group, superponiendo datos de la Evaluación de Riesgos y Seguridad de Covid-19 de la estabilidad económica, social y sanitaria de 250 países y regiones con los últimos resultados del Henley Passport Index. Lo que surge es que para las naciones desarrolladas y en desarrollo por igual, la libertad de viaje no es sólo el resultado de la falta de libertad social o un mal desarrollo económico, sino también un fracaso de la gestión del riesgo, la preparación para la salud y la supervisión y detección. En otras palabras, la inmovilidad mundial ya no es únicamente la difícil situación de los ciudadanos de los países menos avanzados.

Tal vez, comprensiblemente, hubo relativamente pocos acuerdos de visado de alto perfil durante 2020. La excepción notable fue los EAU, que ha continuado su notable trayectoria ascendente en el Henley Passport Index. El país firmó un acuerdo histórico negociado por Estados Unidos que establece vínculos formales con Israel y otorga a los ciudadanos de cada país acceso sin visado al otro. Los EAU tienen ahora una puntuación de 173 sin visado/visa a la llegada y ocupan el puesto 16 en el ranking. Este es un ascenso impresionante en comparación con la posición que ocupó en el inicio del índice en 2006, cuando el país ocupó el puesto 62, con una puntuación sin visado/visa a la llegada de sólo 35.

El consejero delegado de Henley & Partners, Dr. Juerg Steffen, dice que la volatilidad impulsada por Covid-19 ha empujado el creciente atractivo de la migración de inversiones a la sobrecarga. «Los acontecimientos sin precedentes de 2020 han exacerbado simultáneamente factores de impulso como la inestabilidad política y económica, y los factores de tracción han vuelto a ser prioritarios, con la estabilidad, la seguridad y el acceso a una educación de calidad y a la atención médica convirtiéndose en cuestiones de mayor preocupación que nunca. La ciudadanía y la residencia alternativa son ahora una consideración estándar para las familias y los empresarios internacionales que buscan cubrir la volatilidad y crear valor a largo plazo a través de una mayor movilidad global.»

Contacto de Medios
Sarah Nicklin
Jefa de Grupo de Relaciones Públicas
sarah.nicklin@henleyglobal.com

Asia Pacífico reina en el 2021 Henley Passport Index como región para emerger primero de la pandemia

Sin tener en cuenta las restricciones temporales, Japón sigue ocupando el puesto número uno,…

Contacto de Medios
Sarah Nicklin
Jefa de Grupo de Relaciones Públicas
sarah.nicklin@henleyglobal.com