At the esteemed Conference of Parties 28 (COP 28) in Dubai, a ground-breaking Memorandum of Understanding (MOU) has been inked between Shambhala and Mondorare, signalling a pivotal commitment to integrating environmental stewardship into the AI and Pharma industries.

 

Shambhala is the name of a project located on an archipelago of over 100 tropical islands in East Indonesia. This private conservancy is filled with protected virgin rainforests, mangroves, powder white beaches and teeming coral reefs inside a Marine Protected Area.  The company’s overarching mission is to create a sustainable and long-term model for large-scale conservation through a blend of high-value low-footprint luxury eco-resorts and private residences; carbon credits; natural asset credits; and ocean-based SMEs including sustainable fisheries, pearl farming and natural products.  Shambhala will also have a world-class terrestrial and marine research centre for rare and endangered species.  The company has signed an MoU with an affiliated partner for a sovereign fund in the United Arab Emirates to protect the tropical rainforest which will contribute towards the company’s plan to become the world’s first Blue-Green Special Economic Zone (SEZ), demonstrating a deeply harmonious relationship with the natural world.

MONDO RARE L.L.C -FZ, Dubai integrates the best of human and artificial intelligence to discover better medicines for rare diseases and offer patients a better quality of life”. Mondorare generates pipelines for biotech companies, pharmacies, patient associations, and governments for rare and neglected deceases.  The company, a member of the Mondorare Group, has headquarters in Dubai, UAE.

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Shambhala and Mondorare, both leaders in their respective sectors, have come together to champion a shared vision of responsible corporate citizenship and environmental consciousness.  As part of this historic collaboration, both entities pledge to actively work towards mitigating their carbon footprint, preserving precious forests and protecting vulnerable coastal reef habitats.  Furthmore, Mondorare is now inviting its AI & Pharma clients to contribute to these long-term development strategies for carbon offset programs and ocean coastal reef protection.

This strategic partnership underscores a dedication to effecting tangible change by amalgamating industry expertise with a proactive commitment to the planet.
"We recognize the pressing need to demonstrate the imperative role businesses play in this endeavour," stated [Daniele RUARO], Middle East CEO of Mondorare. "Our collaboration with Shambhala signifies a unified commitment to intertwine environmental stewardship with our operational fabric, ensuring a harmonious coexistence with nature while advancing technological frontiers."

Shambhala's Founder, [Natalia PERRY], echoed these sentiments: "Safeguarding our planet's ecological balance is not only a moral duty but a strategic imperative for sustainable growth. Through this alliance with Mondorare, we aim to set a precedent within our industries, fostering a collective responsibility towards preserving natural resources and biodiversity."

The initiatives outlined in this MOU encompass a multifaceted approach, including investment in forest restoration projects, implementation of carbon offset strategies, and active participation in coastal reef protection endeavours. Both companies will actively engage in collaborative research and development efforts to innovate sustainable solutions that align with their business objectives.

Shambhala and Mondorare anticipate that this partnership will serve as a catalyst for industry-wide transformation, inspiring other AI and Pharma enterprises to embrace eco-conscious practices and prioritize the well-being of the planet.

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Visit www.Mondorare.com to learn more.