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Countries Struggle with the Global Environmental Crisis

Global efforts are being made to combat climate change. At the Earth Summit in December 2015, the Paris Agreement has adopted with the aims to keep the average world temperature rather below + 2 ° C from pre-industrial levels.
Today, countries have a shared but differentiated responsibility. Therefore, the issues of environmental protection and environmental management of the country are solved in different ways, based on the mentality, terrain, culture, economic standards of living, technological development, environmentally sound management, proper urban planning, rigid legislation in the field of waste disposal and other factors.
The country's environmental policy is reflected in the relevant laws. Some countries address the issue of cleanliness by high fines, others by their culture of behavior, advertising, and Saturdays. It is advisable to get acquainted with foreign methods of environmental crisis prevention.
China is the largest state with hundreds of millions of tons of waste annually deciding to introduce household waste sorting, starting with innovations from Shanghai and beyond in 46 other cities with $ 3 billion in program budgets. Fines for individuals from $ 10- $ 40, for industry $ 1600.
Singapore is a reflection of the most stringent laws in the field of waste disposal and the best utilities in the world. Garbage fines are rising all the time, now they are $ 720, with recidivism - imprisonment. You can not only throw anything on the sidewalk, but even store and chew gum. Today it is one of the cleanest states on our planet.
The law is different in different US states. In some states, those who litters can go to prison for a month, because in the United States, there is a high rate of fire and wildfires. Waste sorting can not be overlooked by citizens, here work special companies that have their own handheld deal with it. The task of the ordinary American is simply to separate the food from the non-food waste.
The spirit of cleanliness is part of the culture of another city - Santa Fe, New Mexico, USA, where art festivals showcase works made exclusively of recycled materials and trash. The city hosts volunteer Saturdays, and many homes in major tourist areas are kept clean as part of active historic preservation activities that have helped the city retain its perfect appearance despite centuries of existence.
Australia fines $ 670 for a pile of rubbish at home. For attentive neighbors, such as the New South Wales Government website, a "Report littering" link is displayed in the Waste Management section.
In Austria, a tin can be left on the sidewalk or a cigarette will cost $ 100. The law is unique for foreigners and fellow citizens.
In Switzerland, the fine is $ 300. From 2018 fine even if they dumped the trash in the wrong package. Depending on the canton, the sorting of garbage is divided into 4 - 7 species.
Ireland for unauthorized waste collection - $ 5,000. And the evil offenders also have a year in prison.
In London, for throwing cigarette butts in the wrong places, the fine is about $ 160.
In Oslo, many homes are connected to the city's automatic waste management system. It uses underground pumps and pipes to transport garbage to special furnaces where it is burned and used to generate energy and heat for the city.
The best examples of waste management are Sweden and Japan. There is very accurate sorting of garbage and recycling is put to a high standard.
In Japan, around each house costs about 25 bins for different categories of waste, and plastic is already divided into types. In these countries, waste is recycled not only through recycling but also through the proper incineration of waste. Burning garbage is very harmful and powerful filters must be used to avoid environmental damage.
The Japanese are fined up to $ 94,000 and jailed for five years. It is the responsibility of every Japanese separating and carefully sorting the garbage, and every day you can throw away only one of its varieties, otherwise - a fine. For unauthorized landfill on a more or less industrial scale the fines are much higher.
Climate change is one of the major problems of global development. This is a potentially serious threat to the global economy and international security. Increased direct and indirect impacts related to energy security, food and drinking, sustainable ecosystems increase the risks to human health and life.
In August at the G7 summit, UN Secretary-General Antonio Guterres stated that July 2019 was the hottest month in history, and 2015-2019 are likely to be the hottest years in the history of meteorological observations. "According to the World Meteorological Organization, the level of carbon dioxide in the atmosphere has reached the highest mark in human history: this level of CO2 existed 3-5 million years ago, then the temperature was much higher and the sea level was from 10 to 20 meters above,” the secretary general said.
An ecological disaster is happening right now. In July alone, 179 billion tons of ice melted in Greenland. At the same time, fires in Siberia, Alaska, Canada, Greenland, the Arctic Circle and the Amazon in June and July this year have resulted in the emission of tens of megatons of carbon dioxide into the atmosphere - an extreme climate. Countries must make greater efforts to implement the Paris Agreement.
Tereshchenko Olga, Ukrainian international lawyer
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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