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In Crowdfunding, New Source of Aid After Catastrophe
After the devastating floods in Colordado, with no flood insurance, and limited access to credit and small business loans, people turned to online charitable giving — a crowdfunding platform called GoFundMe — to help raise money to regain their footing.
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- crowdfunding
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Financial innovation the next big thing in clean energy and efficiency
A new wave of innovation is sweeping the energy transition sector, promising to accelerate deployment and cut the costs of energy-efficiency measures, as well as wind and solar generation. It isn’t a technological improvement, like cutting hardware and labor costs. It isn’t a policy mechanism like feed-in tariffs. It isn’t even a new business model, like selling storage services. It’s financial innovation.
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- Energy, Environment
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Why Micro-Lending Needs A Vision Lift
For most people, the term ‘micro-lending’ connotes lending micro amounts of money to low-income people to help them build a micro-business. When entrepreneurs achieve these modest goals, everyone heaves a sigh of relief. Is this a case of being satisfied with modest goals, i.e. aim low and settle for little?
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- microfinance
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The Benefits of No-Strings-Attached Cash
What if I suggested that the best way to fight poverty is simply to give money to poor people, no strings attached? You’d probably say I was crazy. But over the past decade, lots of studies suggest that cash transfers are in fact an efficient way of actually tackling poverty.
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Opening the Curtain on the New 2.0 Era of Impact Investing
Impact investing has not been growing as quickly as many practitioners might have hoped.
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- impact investing
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ADB, IDB Presidents discuss interregional partnership and shared challenges
Asian Development Bank (ADB) President Takehiko Nakao and Inter-American Development Bank (IDB) President Luis Alberto Moreno met today to discuss how the two regions can step up joint efforts to tackle shared opportunities and challenges, such as increased economic integration, private sector development, rising inequality, and a lack of opportunities for the poor.
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- Region
- Latin America
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Expert Slams Crowdfunding As A ‘Fad’
Crowdfunding’s dismal record in securing substantial investment for entrepreneurs has made it an unsustainable platform for businesses in the long run, according to a London Business School enterprise expert.
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First women’s bond from World Bank raises $165 million
Bonds tied to social or environmental targets are part of a new trend of social finance, as a growing class of investors seek to bridge the gap between philanthropy and pure financial returns.
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- impact investing