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Who Will Pay For Nature? How To Catalyze Private Investment In Sustainability
Annual government grants today only punch in at $142.6 billion. Philanthropy produces about $400 billion per year in the U.S., though only a small percentage of this goes to environment or sustainability issues. That leaves a huge financing gap.
- Categories
- Environment
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The Environmental Case Against Bitcoin
No one may be using Bitcoin, but we’re all paying for them. Bitcoin analyst Alex de Vries, otherwise known as the Digiconomist, reports that the coin’s surge caused its estimated annual energy consumption to increase from 25 terawatt hours in early November to 30 TWh last week—a figure, wrote Vox’s Umair Irfan, “on par with the energy use of the entire country of Morocco, more than 19 European countries, and roughly 0.7 percent of total energy demand in the United States, equal to 2.8 million U.S. households.”
- Categories
- Energy, Environment, Finance
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Up and Away from Colonial Welfare: Social Entrepreneur “Mou” Khan’s 21st Century Micro NGO
FCAB was founded by the late Abdul Majid Khan, a Bangladeshi-American engineer who left his homeland in 1976 to pursue graduate studies at the University of Michigan School of Engineering. A father of four who co-founded Ann Arbor’s first mosque, Mr. Khan died in an automobile accident shortly after filing FCAB’s legal paperwork for a tax-exempt non-profit status with the United States Internal Revenue Service and with plans to incorporate as an aid organization in Bangladesh.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- global development, NGOs
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As India goes big on renewables, bright minds are looking to develop innovative tech
India has big plans when it comes to renewable energy. The government has set itself ambitious targets, including commissioning 175 gigawatts of renewable energy by the year 2022.
- Categories
- Energy, Technology
- Region
- South Asia
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AI chip could help conquer superbugs, infectious diseases and cancer
A new artificial intelligence chip that could help redefine how global health challenges - from superbugs to infectious diseases and cancer - are conquered is being developed by an American firm using Arm designs.
- Categories
- Health Care, Technology
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Ford Foundation hires Swan to lead Mission Investments portfolio
The Ford Foundation announced today the appointment of Roy Swan as director of its Mission Investments team based in New York. Swan will lead a dedicated team managing the portfolio announced in April, when Ford committed to invest $1 billion over the next ten years in mission-related investments (MRIs).
- Source
- Press Release
- Categories
- Investing
- Tags
- impact investing
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Alibaba launches US$1.5 billion fund to help fight poverty in China
At a conference attended by the company’s 36 partners at its headquarters in Hangzhou, executive chairman Jack Ma announced it would set up the Alibaba Poverty Relief Fund, with the money to be donated over the next five years.
- Categories
- Investing
- Region
- Asia Pacific
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In India, digital payments are changing the game for women entrepreneurs
Across the country, the Indian government has championed entrepreneurship and embraced innovation in high-growth industries, particularly financial technology. Significant infrastructure upgrades, advancements in biometric technology, multiple channels, new platforms, and an enabling regulatory environment have laid the foundation for the country’s broader digital financial ecosystem to take root and change the game for women entrepreneurs.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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