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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.
Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate FundNews
This renewed push for impact investing in Ghana specifically, and more broadly around the world, comes out of necessity. According to Sylvia Lopez-Ekra, the UN Resident Coordinator for Ghana, $5 to 7 trillion are needed each year to implement the Sustainable Development Goals (SDGs).
How Ghana Plans To Finance The Sustainable Development GoalsBlog Post
BFA's Catalyst Fund started with one goal: to support early-stage inclusive fintech entrepreneurs in developing accessible, high-quality and relevant financial solutions for the underserved. After three years of operations, the accelerator has worked with 20 startups across 13 emerging markets, helping to create better credit, payment, insurance, savings and investment solutions that improve the financial health of people with low incomes. Maelis Carraro and Rasima Swarup at BFA share some of the fund's lessons on how to build an inclusive fintech network.
Creating an Inclusive Fintech Ecosystem? Here Are Three Facts Accelerators Should ConsiderBlog Post
This World Refugee Day, the global community is experiencing the highest level of displacement on record. Though entrepreneurship can provide a route to livelihood for which resilient, community-oriented refugees are particularly suited, they often struggle to surmount barriers of language and discrimination, on top of the high failure rates that are typical of small businesses. Amy Gillett and Kristin Babbie Kelterborn at the William Davidson Institute share lessons from support programs helping refugees overcome tough odds to economically enrich their host countries.
When Failure is Not an Option: Understanding – And Accelerating – the Success of Refugee EntrepreneursNews
Under the cooperation, the organizations will explore joint initiatives aimed at accelerating the implementation of the Agenda 2030, and stimulating renewable energy investments in developing countries.
Press Release: UNDP and IRENA Join Forces to Advance Low-Carbon Energy TransitionNews
Persuading private investors to back projects that advance gender equality calls for concerted efforts to show that empowering women could reduce risks and enhance overall outcomes, especially in creating sustainable peace in conflict-affected regions around the world.
How Gender Equality Can Help Build Sustainable PeaceNews
Mobile phone shipments to Africa’s two largest economies for the first quarter of 2019 do not make good reading for phone makers and it’s not looking great for the current quarter.
Nigeria and South Africa’s Economic Struggles Are Starting to Hurt African Phone SalesBlog Post
Impact investing and Islamic finance are two segments of the socially responsible finance spectrum that rarely intersect – despite having much in common. But according to Umar Moghul, a transactional lawyer with experience in Islamic law, a recent impact investment by Mission Driven Finance in Somali Family Service of San Diego offers an example of how the two sides can come together to boost their mutual impact.
A Landmark Impact Investment: Could This Innovative Experiment with Islamic Finance Provide a Model for Both Sectors?
