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Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate Fund
The approved funding for adaptation reflects the Fund’s commitment to meeting the needs of societies that are highly vulnerable to the effects of climate change – in particular Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – and supporting high-impact, country-led initiatives to achieve low-emission, climate-resilient development.
- Categories
- Environment, Finance
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Viewpoint: After the Free Trade Agreement, We Need to Focus on Realizing the African Monetary Fund
Africa is currently the most prominent gap in the evolving global financial safety net.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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What Facebucks Can Do for the Global Poor
Global, open, instant, and low cost: It sounds undeniably great. The status quo, while global, is hardly open, instant, or low cost. Still, Libra faces major challenges in becoming a preeminent financial tool of the global poor.
- Categories
- Finance, Technology
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Viewpoint: No, Facebook’s Libra Will Not Really Help The Unbanked
Ultimately, the aim of Libra is to be a truly mainstream cryptocurrency: a decentralized global form of payment that is as stable as the dollar, can be used to buy almost anything, and can support an entire range of financial products—from banking to loans to credit.
- Categories
- Finance
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Can Blockchain Tech Revolutionize The Global Aid Industry?
Powered by the ethereum blockchain, Disberse is building a distributed financial network that helps to improve transparency and efficiency in the aid sector
- Categories
- Finance, Technology
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Press Release: VisionFund International Celebrates 15 Years
Operating through a network of microfinance institutions in 28 countries, VisionFund works alongside World Vision to empower families living in impoverished communities with limited access to formal financial services to overcome poverty.
- Categories
- Finance
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India’s Open ‘Neo-Bank’ Raises $30 Million to Help Businesses Automate Their Finances
Open operates as a neo-bank that offers nearly all the features of the bank with additional tools to serve the needs of a business.
- Categories
- Finance
- Region
- South Asia
- Tags
- startups
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Why Zimbabwe Has Banned Foreign Currencies
Zimbabwe's government has taken the controversial decision to ban local trading in foreign currencies, including the US dollar, with immediate effect.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- public policy