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‘We’re trying to go all in’: Chocolate giant Mars pledges $1 billion to fight climate change
"We've been increasingly worried about overall progress on the big issues, whether that's climate change or solving poverty," Barry Parkin, Mars' chief sustainability officer, told Business Insider.
- Categories
- Environment, Investing
- Region
- North America
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OPINION: No matter what government says, coal is no longer India’s cheapest energy source
India now has nearly 200GW of coal. Further, the $4.6 billion estimate does not include other social costs (water pollution, deforestation, displacement, ash disposal etc.) To pass this off as an entire accounting of coal’s hidden costs is either shoddy or dishonest.
- Categories
- Energy
- Region
- South Asia
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Can Satellites Solve the Farmer Suicide Crisis in India?
Researchers from the University of California, Berkley, have found a strong correlation between rising temperatures and the rate of suicides, with an increase of 1 Celsius associated with an average of about 70 additional suicides per day. Droughts have ravaged the country’s crop yields, sharply reducing farmers’ income across the sector and disrupting the predictability of revenue.
- Categories
- Agriculture, Environment, Technology
- Region
- South Asia
- Tags
- agtech, climate change
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Why Startup Accelerators Won’t Create the Global Climate Technology Revolution
Accelerators may be a great way to launch the next Pokémon Go app or even Airbnb, but they're not as suited for climate startups in low- and middle-income countries. Jean-Louis Racine, leader of the infoDev Climate Technology Program at the World Bank Group, explores several reasons why accelerators are "at best an incomplete tool for building climate tech sectors."
- Categories
- Agriculture, Energy, Environment, Social Enterprise, Technology
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Philippines, World Bank launch $206M disaster risk insurance program
In a statement, the World Bank said the new catastrophe risk insurance program launched by the Philippine government will cover national government assets affected by earthquakes and typhoons as well as losses from major typhoons of 25 provinces.
- Categories
- Environment
- Region
- Asia Pacific
- Tags
- climate change, insurance
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“Recovery lending” helps disaster-stricken African farmers get back on track
Accessing credit has long been a major hurdle for small-scale farmers in Africa, who produce some 70 percent of the continent’s food. Not only does this mean yields fall far below their full potential, but the ability of farmers to manage the increasingly frequent and severe weather shocks brought about by climate change is also greatly reduced.
- Categories
- Agriculture, Environment
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Want to fight climate change? Don’t invest in Tesla
“In our view, impact investing needs to begin with companies whose products and services have a notable positive environmental or social impact,” wrote Jessica Alsford, an equity strategist at the investment bank.
- Categories
- Environment, Investing
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Doing well by doing good: the multilateral banks respond to climate change
The multilateral development banks (MDBs) were seen as an important channel to support both mitigation and adaptation efforts.
- Categories
- Environment
- Tags
- climate change