The CAD Trust Founding Partners also announced the governance structure and the composition of the CAD Trust Council that will advise and guide the initiative by setting its strategic direction.
CAD Trust was formed by three Founding Partners, IETA, the World Bank and the Singapore Government. It will engage with a variety of governments and public and private organisations to set the specifications for an open-source metadata system to share information about carbon credits and projects across digital platforms, easing future integration of multiple registry systems.
The proposed Project Activity involves demand side energy efficiency measures in building lighting systems through replacement of existing luminaires with more energy efficient “Light Emitting Diodes” (LEDs) lighting luminaires in the corridors, staircases and void decks of several existing buildings located in 12 Town councils nationwide.
The company is also looking to syndicate an office fund in Australia this year. On average, the group is looking to seed two new private funds a year over the next five years. In Australia, the company has a corporate housing property in Brisbane and at least eight office properties, according to its 2018 financial report.
The bigger players, J&T Express, Ninja Van and Shopee Xpress, will offer collection from Pick in the upcoming weeks, the locker operator said. Consumers will be able to return parcels at selected Pick lockers in CCs and HDB void decks.