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India Needs Over $900 Billion in Climate Finance by 2030: This Roadmap Can Mobilize Private Sector Investment
India is committed to lowering its greenhouse gas emissions, but its goals under the Paris Agreement are not ambitious enough. Simmi Sareen at GreenFunder and Shravan Shankar at the BIG Green Collaborative argue that the country must focus on increasing energy storage and efficiency, decreasing agriculture and manufacturing emissions, and adapting to a more hostile climate. They explore how innovative and scalable technology can address these priorities by 2030 — and how strengthening India’s climate financing structures can help generate the $100 billion in yearly private investment this will require.
- Categories
- Energy, Environment, Investing
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Recovery 2021: Introducing NextBillion’s New COVID-19 Series
For over a year, COVID-19 and its economic fallout have been inescapable facts of life, taking a particularly heavy toll on vulnerable communities – and the businesses that serve them. Now, with a vaccine promising to gradually bring an end to this historic crisis, we anticipate that the conversation around the pandemic will evolve, as impact-focused businesses and development organizations move to a longer-term effort to “build back better.” To highlight these discussions, NextBillion is expanding upon our COVID-19 coverage through a new special series called “Recovery 2021.”
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- Coronavirus, Entrepreneurship
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Addressing the Unanswered Questions of Sustainable Development: How ‘Lean Experimentation’ Can Boost the SDGs
The deadline for the Sustainable Development Goals is growing closer, and with many targets well behind schedule, extraordinary efforts will be necessary to achieve them. Toshi Nakamura at Kopernik argues that these efforts will require the development sector to quickly answer an important question: Which interventions are effective – and which are not? To that end, he explores the value of Kopernik's "lean experimentation" approach, which can be used to assess a wide range of interventions, to quickly determine which are worth scaling or replicating.
- Categories
- Impact Assessment
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Announcing NextBillion’s Most Influential Articles of 2020
At the end of each year, NextBillion selects 12 of our most-read articles from the previous 12 months, then invites readers to vote for the piece that impacted them the most. We've tallied up the votes, and as 2021 begins we're happy to announce our three most influential articles of 2020. We'd like to thank all the guest writers who contributed articles to NextBillion last year, to congratulate the winners and other contestants in this contest, and to thank everyone who took the time to vote. Best wishes for a safe, happy and prosperous 2021.
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- Coronavirus, Entrepreneurship, Finance
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Documenting a Historic Year in Emerging Markets Business: Vote for the Top NextBillion Article of 2020
Like many of you, we're not sorry to see the end of 2020. But as we look back on this historic, tragic year, NextBillion would like to take a moment to appreciate the extraordinary work done by enterprises, NGOs, researchers and others in the emerging markets business sector. They have risen to the occasion in ways that can best be described as heroic – while sharing their insights in nearly 100 COVID-19-focused articles on our platform. Several of these pieces are included in our "Most Influential Article of the Year" contest, which launches today. We invite you to read these articles and vote for your favorites – the contest runs from Dec. 21 to Jan. 2.
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A Sector in Transition: How Data and Evidence Can Set India’s Agricultural Markets on the Path Toward a Successful Future
Farmer protests in New Delhi have dominated headlines in India in recent weeks. They come in response to a series of farm bills that were passed into law in September, with the goal of shifting the agriculture sector away from traditional state-regulated markets and toward a more open system. Rupika Singh, Praachi Khera and Tony Senanayake at IDinsight discuss the pros and cons of these new laws, the underlying challenges facing India’s agricultural systems, and the ways that data and evidence can help leaders set these markets up for success.
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- Agriculture
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The Nexus of Agriculture and Energy in Africa: Five Lessons for Bridging the Ag-Energy Gap
Agriculture should be a key market for rural energy providers in Africa. Growing agribusinesses and smallholder farmers need modern energy to thrive, and rural energy enterprises need reliable consumers to anchor demand for their services. Yet as Seth Silverman and Tom Chaplin at Factor[e] Ventures explain, a gap remains between the two industries, and ag-energy projects struggle to draw commercial investment. They explore some promising ways to fill that gap, sharing lessons from a new report.
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- Agriculture, Energy
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How India Can Transform Its Fertilizer Subsidy Program
India is the second-largest user of fertilizer in the world, after China. It offers subsidies on fertilizers to make them affordable to the country's 150 million farmers – and ultimately, to ensure food security. But as Ritesh Rautela and Anurodh Giri at MSC point out, an estimated 65% of this fertilizer does not reach the intended beneficiaries – and the system has faced leakages and uneven usage among recipients. They propose a tech-fueled solution that could benefit both farmers and the Indian government.
- Categories
- Agriculture, Technology
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