-
Viewpoint: Europe Needs Its Own Development Bank
The European Union needs a development bank so that it can strengthen its capacity to respond to global and regional challenges – above all, to risks and opportunities in Africa. At a time of increasing uncertainty, growing international threats, and fundamental challenges to multilateralism, solid institutions are needed more than ever.
- Categories
- Finance
- Region
- Europe & Eurasia
-
Concordia Vows to Divest From Fossil Fuels, Invest in Sustainable Funds
Concordia University is pledging to withdraw all its investments in the coal, oil and gas industries within five years, making it only the third university in Canada to divest from the fossil fuel sector.
- Categories
- Investing
- Region
- Europe & Eurasia
-
France, Netherlands, Uk Commit US$350m to Emerging Solar and Storage
A handful of European states have moved to bankroll various World Bank clean energy initiatives, with US$100 million of French and Dutch money set to back PV in Sub-Saharan Africa.
- Categories
- Energy
- Region
- Europe & Eurasia
-
Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
-
The Group Overseeing Facebook’s Libra Cryptocurrency Will Apply for a Payments License in Switzerland
The Libra Association, the organization in charge of overseeing Facebook’s proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland.
- Categories
- Finance
- Region
- Europe & Eurasia
-
Europe Leads Institutional Investors’ Embrace of ESG
Craig Phillips, head of CoreData Research International, said in a statement that while institutional investors increasingly incorporate ESG considerations in their investment processes, "many are at the first level of adoption" and may be restricted by a reliance on in-house capabilities and resources.
- Categories
- Investing
- Region
- Europe & Eurasia
-
Press Release: Initiative for Blended Finance Launches to Make Sustainable Development More Effective
University of Zurich unites with leading research, knowledge and practice partners to provide excellent, practice-driven research & education for a more powerful collaboration between public & philanthropic funders and private investors.
- Region
- Europe & Eurasia
-
PayPal Fires up “Ripple-Killer” Xoom App for International Payments
The mobile payments app offers next-day money transfers at fees lower than its main payments platform PayPal. According to the website, transfers on Xoom cost around $4 in Europe and $9 to countries further afield.
- Categories
- Finance
- Region
- Europe & Eurasia
Parent Organization
