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eBay Founder’s Philanthropic Firm to Invest $350M in India
Omidyar Network, the philanthropic investing firm of billionaire eBay founder, Pierre Omidyar and his wife Pam, plans to invest over $350 million (Rs.2,333 crore) in for-profit ventures and non-profit organisations in India by 2020.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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World Leaders Urged to Cut Air Pollution to Save Lives in Poor Countries
World governments have been urged to tackle air pollution in poorer countries by greening cities, reducing traffic and adopting better diets, and told that this will also rein in climate change, which global health specialists estimate will cause at least 250,000 additional deaths a year by 2030.
- Categories
- Environment
- Region
- South Asia
- Tags
- climate change
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Viewpoint: How Social Entrepreneurs Can Bolster Climate Resilience
As the United Nations Climate Change Conference in Paris convenes, it’s impossible to underestimate the importance of government policy-level agreements on climate change. The world’s poor communities — whose lives and livelihoods are tied most directly to local natural resources — are already feeling the impact of climate change. They are suffering now from diminished access to energy and clean water, food deprivation, deforestation and other habitat loss, the spread of tropical diseases, and other threats to their health and livelihoods.
- Categories
- Energy, Environment
- Tags
- climate change
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Report: West African impact investing totalled $6.8 billion in last decade
The impact investing industry in West Africa is comparatively small, but growing, totalling US$6.8 billion over the past decade, according to research by the Global Impact Investing Network (GIIN).
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Mark Zuckerberg Responds To Skeptics, Elaborates On LLC Plan
After new parents Mark Zuckerberg and Priscilla Chan revealed their plans this week to give away 99 percent of their Facebook shares, a firestorm of controversy erupted. On the one hand, many people -- including Bill Gates and former New York City Mayor Michael Bloomberg -- praised the couple for the generous gesture. Others, however, questioned their motives.
- Categories
- Investing
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Uruguay makes dramatic shift to nearly 95% electricity from clean energy
In less than 10 years the country has slashed its carbon footprint and lowered electricity costs, without government subsidies. Delegates at the Paris summit can learn much from its success.
- Categories
- Energy, Environment
- Region
- Latin America
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Can Mexico be the hub for fintech in Latin America?
Mexico is in a nascent stage but there’s a wealth of burgeoning innovation centres and resources like incubators and accelerators for startups to use.
- Categories
- Uncategorized
- Region
- Latin America
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Obama Administration Targets ‘Unbanked’ Households in New Initiative
The Obama administration launched a new initiative this week to boost banking access for millions of Americans who don’t currently have checking or savings accounts.
- Categories
- Uncategorized
