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Analysis: BlackRock Boss Larry Fink Says Bad Climate Regulation Is Pushing the World Toward $100 Oil
BlackRock Inc. Chief Executive told global leaders the World Bank and International Monetary Fund are outdated and require a total overhaul to bring sustainability to the developing world.
- Categories
- Energy, Environment, Investing
- Region
- Global
- Tags
- climate change
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Flipkart Valued at $37.6 Billion in New $3.6 Billion Fundraise
Flipkart said it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Egypt’s Yodawy Raises $7.5 Million Series B for Its Digital Pharmacy Marketplace
Cairo-based healthtech Yodawy has raised $7.5 million in a Series B round led by Middle East Venture Partners, Global Ventures, and Algebra Ventures.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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The Wild West of ESG Reporting: A New Report Finds a Disturbing Lack of Standards and Transparency
Businesses around the globe have been embracing environmental, social and governance (ESG) reporting to demonstrate responsible corporate citizenship and attract investors. But as David A. Fuscus of Xenophon Strategies, Inc. explains, this data is often inconsistently reported and unaudited, and nearly impossible to compare across companies. He shares the results of a recent survey on corporate reporting, and explores how widely used standards and increased transparency could better gauge a company’s actual progress toward more sustainable and responsible practices.
- Categories
- Impact Assessment, Investing
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Press Release: Utilities 2.0 Twaake Pilot: New Integrated Energy Approach Could Deliver Universal Electrification in Uganda for Half the Cost, Fraction of the Time as Grid-Only
A coalition of global energy sector leaders launched a first-of-its-kind integrated energy pilot in Uganda.
- Region
- Sub-Saharan Africa
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Press Release: First Impact Investing Fellowship for Asset Owners and Managers in Asia and Africa
An Africa-Asia Fellowship was created to nurture capital managers and asset owners in becoming impact investing practitioners.
- Categories
- Investing
- Region
- Global
- Tags
- impact investing
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Magic Fund Raises $30 Million, to Give $100 – $300k Checks to Founders in Emerging Markets
MAGIC Fund, a global collective of founders that backs other founders to solve business challenges, has announced a $30 Million Fund II raise to continue backing early-stage startups.
- Categories
- Investing
- Region
- Global
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Gates Foundation Commits $2.1 Billion over the Next Five Years to Gender Equality
With this $2.1 billion commitment, the Gates Foundation plans to focus on three core areas that are key to advancing gender equality: economic empowerment; family planning and health; and accelerating women’s leadership.
- Categories
- Investing
- Region
- Global
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