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IFC Boosts Financial Access for SMEs in Colombia With New Loan to Banco Pichincha
IFC, a member of the World Bank Group, strengthened its support to Colombia’s small and medium sized enterprises (SMEs) with a new US$80 million loan to Banco Pichincha, a bank that strives to sharply boost its lending to Colombian SMEs and low-income students.
- Categories
- Uncategorized
- Region
- Latin America
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Rise in Use of Contraception Offers Hope for Containing Global Population
The number of women using contraceptives in developing countries has soared to record levels in recent years, such that projections for global population growth could be cut by as much as 1 billion over the next 15 years.
- Categories
- Health Care
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Morningstar Introduces Industry’s First Sustainability Rating for 20,000 Global Funds
To help investors evaluate funds based on environmental, social, and governance (ESG) factors, Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today introduced the Morningstar Sustainability Rating™ for funds. The new rating will enable investors around the world to evaluate mutual funds and exchange-traded funds based on how well the companies held in their funds are managing their ESG risks and opportunities.
- Categories
- Environment, Impact Assessment, Investing
- Tags
- impact investing
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Philips to Ship Healthcare Products From India
After establishing Pune as the global headquarters for its mobile surgery division, Dutch technology company Royal Philips is exporting the products it developed here to the Western markets.
- Categories
- Health Care, Technology
- Region
- South Asia
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Interactive Graphic: The Top-Performing Socially Conscious Funds
Investing in socially-friendly funds is expanding rapidly. In the United States, at least $7 trillion is invested in strategies focused on environmental, social and corporate governance causes, so-called ESG strategies, an 89% increase since 2012, according to The Forum for Sustainable and Responsible Investment.
- Categories
- Investing
- Tags
- impact investing
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The Deadly Cost of Bringing Coal-Powered Electricity From Australia to India
The Australian government continues to claim that coal will play a vital role in bringing cheap energy to developing nations. In particular, it has claimed India’s poor will benefit from the development of coal reserves in Queensland’s Galilee Basin. But is that really the case?
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- renewable energy
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New York Pension Fund Could Have Made Billions by Divesting From Fossil Fuels
New York State’s pension fund would have an additional $5.3bn to give to its retired employees if it had divested from fossil fuel companies and put that money into clean energy, according to a new report.
- Categories
- Energy, Environment, Investing
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India Post to Approach RBI for Interoperability of Its ATMs by Year End
In another step towards financial inclusion, the government is planning to make 10,000 ATMs under postal services interoperable with commercial banks, allowing consumers to withdraw money directly from their bank accounts rather than restricting them to postal accounts.
- Categories
- Uncategorized
- Region
- South Asia
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