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Chennai’s Drought Has Tough Lessons for Asia’s Economies
When foreign companies ponder investing in emerging markets, they tend to pay attention to a relatively narrow range of factors and regulations which affect their ability to do business. India's water problems are now sufficiently dire to merit inclusion in that list.
- Categories
- Environment, WASH
- Region
- South Asia
- Tags
- manufacturing
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Freak Weather Poses New Risk to India’s Renewables Goals
Extreme weather events seem to have become the latest risk to Prime Minister Narendra Modi’s renewable energy goal to quadruple solar power generation to 100 gigawatts by 2022.
- Categories
- Energy, Environment
- Region
- South Asia
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Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate Fund
The approved funding for adaptation reflects the Fund’s commitment to meeting the needs of societies that are highly vulnerable to the effects of climate change – in particular Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – and supporting high-impact, country-led initiatives to achieve low-emission, climate-resilient development.
- Categories
- Environment, Finance
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Press Release: The Rockefeller Foundation Launches New Climate and Resilience Initiative; Commits An Initial $8 Million To Continue Supporting Global Network Of Cities And Chief Resilience Officers
The first commitment of this initiative is an initial $8 million to continue supporting the work of Chief Resilience Officers (CROs) and member cities within the 100 Resilient Cities (100RC) Network.
- Source
- Press Release
- Categories
- Environment, Investing
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New Report Shows Impact of Mutual Microinsurance on Vulnerable Communities Recovering From Natural Disasters
Despite the fact that the mutual insurance sector holds 27 per cent of the global insurance market and that the sector is the fastest growing part of the total market there has been very little independent research into the viability of mutual microinsurance as a business model and its value in improving the conditions of individuals, their families and communities.
- Categories
- Environment, Finance
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Green Bond Milestone: Global Issuance Surpasses $100bn in First Half of 2019
The $100bn mark was first reached in November 2017 during the COP23 climate summit, and then again in September 2018. Now the milestone has been reached during the first half of the year for the first time.
- Categories
- Environment, Finance
- Tags
- climate change
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What Counts as a “Green” Investment, Anyway?
To plug the gap, “sustainable investing” is spreading from a niche area of the financial sector into the mainstream. Investing along environmental, social, and governance (ESG) criteria is one of the fastest-growing strategies in finance.
- Categories
- Environment, Investing
- Region
- Europe & Eurasia
- Tags
- ESG, greenwashing, impact investing
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Can Banks Play a Role in Improving Resilience to Climate Change?
In this article, we share some of the recent evidence on these tools––specifically, savings groups, digital financial products, remittances, and flexible credit products. We believe these findings can help FSPs when designing products for poor households around the globe, and we also encourage more testing to ensure such products are both profitable for providers and beneficial for consumers.
- Categories
- Environment, Finance
- Tags
- climate change