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Ethical Investment Tide Lifts ‘Greenwash’ Concerns
Investors are plowing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and 'green halo' marketing. The $23 trillion "sustainable, responsible and impact" (SRI) investment sector has received a rush of money since the Paris climate agreement and, more recently, in protest against U.S. President Donald Trump's plans to slash environmental regulations.
- Categories
- Environment, Investing
- Region
- North America
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Jamaican government puts forward National Financial Inclusion Strategy
The Government has crafted a National Financial Inclusion Strategy (NFIS), which aims to improve the country’s financial system by 2020. The goal of the NFIS is to create the conditions in which Jamaicans, particularly those who were previously underserved by the domestic financial system, are able to save safely and build up resilience against financial shocks, and firms are able to invest, grow and generate greater levels of wealth.
- Categories
- Environment
- Region
- Latin America
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Water For People CEO, Eleanor Allen, Named Schwab Foundation Social Entrepreneur of the Year
Eleanor Allen, CEO of Water For People, was honored today as a 2017 Schwab Foundation Social Entrepreneur of the Year. Allen, along with fifteen other international professionals, was chosen by the board of the Schwab Foundation for Social Entrepreneurship. The prestigious program acknowledges entrepreneurs’ innovative approaches and potential for impact in solving global social issues.
- Categories
- Environment
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India aims to become 100% e-vehicle nation by 2030: Piyush Goyal
The government is working on a scheme to provide electric cars on zero down payment for which people can pay out of their savings on expensive fossil fuels, for becoming 100 per cent electric vehicle nation by 2030. "India can become the first country of its size which will run 100 per cent of electric vehicles. We are trying to make this programme self financing.
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- renewable energy
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Competition Heats Up in Kenya’s Off-Grid, Mobile Pay-Go Solar Market
Home to the United Nations Environment Program (UNEP), Kenya is a hive of activity and a magnet for sustainable development-minded off-grid solar and energy storage startups. Having raised $40 million of capital over the course of the last four months of 2016, d.light announced that an average 800 Kenyan households a day are signing up for its D30 Pay-Go solar home system.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Is Wastewater the New Black Gold?
What if we were to consider the vast quantities of domestic, agricultural and industrial wastewater discharged into the environment everyday as a valuable resource rather than costly problem? This is the paradigm shift advocated in the United Nations World Water Development Report, Wastewater: the Untapped Resource, launched today in Durban on the occasion of World Water Day.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- waste
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US-based Tricolor Cleantech Capital to invest up to $5 mn in JanaJal
US-based social impact fund Tricolor Clean Capital has committed to invest up to $5 million (around Rs 33 crore) into hybrid drinking water dispenser maker JanaJal, the company announced in a statement.
- Categories
- Environment, Impact Assessment
- Region
- North America
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Belu hits landmark figure for WaterAid
After six years of operation, Belu has annouced it has reached a landmark figure – £2m of profit has now been handed over to WaterAid, which provides clean water and sanitation in developing countries. The announcement coincides with World Water Day. The bottled water is one of the poster children for social enterprise.
- Categories
- Environment