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World Bank Accused of Incentivizing Investments in Fossil Fuels Through $5B Policy Loans Portfolio
A new report by advocacy group the Bank Information Center has accused the World Bank of funding the creation of policies that promote the development of coal, gas and oil projects in four countries, but the World Bank says the report “grossly misrepresent” its activities.
- Categories
- Impact Assessment, Investing
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Climate Ventures 2.0 Launches With $250K Available for Ag and Water System Resilience
GoodCompany Ventures is pleased to announce the public launch of Climate Ventures 2.0, a global accelerator focused on Agriculture and Water Systems Resilience, and its call for applications for $250,000 of GCV Impact Grants.
- Categories
- Impact Assessment, Investing
- Region
- North America
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Weekly Roundup: $5 Beats Free, SunFunder Rises, and Asia’s Investors Love Impact
Why it's not crazy for a global health organization to refuse free vaccines, where the world's most socially conscious investors live, which major funder might be planning to alter some old investment restrictions, and what's needed to support the Sustainable Development Goals. That and more; it's all here in our Weekly Roundup.
- Categories
- Health Care
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Report: $90 Trillion Infrastructure Investment Could Combat Climate Change
The world will need to more than double its current infrastructure stock over the next 15 years – a massive undertaking which could either contribute to or combat catastrophic climate change – according to a new report.
- Categories
- Investing
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Blackrock: Climate Change Is Going to Move a Huge Amount of Money and Not Enough People Are Paying Attention
BlackRock, the world's largest asset manager with almost $5 trillion (£3.7 trillion) in assets, said that all investors need to factor climate change, and the investment needed to halt it, into their future risk-assessments.
- Categories
- Environment, Investing
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Weekly Roundup: A $350 Million Boost for New Antibiotics, a ‘Brain Drain’ Dilemma and an Impact Investing ‘Ghetto’
With the global health threat posed by antibiotic resistance, it was kind of a big deal this week when a public-private partnership came up with $350 million to encourage pharmaceutical companies to make new antibiotics. We cover that story – along with the challenges of doctor migration, a landmark legal case against fossil fuel companies, and a provocative discussion on women's role in impact investing – in this roundup.
- Categories
- Environment, Health Care, Investing
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An Ecosystem Approach for Building Affordable, Climate Resilient Housing
Indonesia has seen some of the worst natural calamities in recent times, and its demand for houses exceeds an estimated 1 million, with a supply between 300,000 - 400,000 annually. This highlights a business opportunity for private firms in the country’s affordable housing sector. As a part of the Rockefeller Foundation Technical Assistance Facility, Intellecap worked with Lafarge in Medan and Aceh, Indonesia to create a climate-resilient housing product model that is sustainable and caters to the urban poor.
- Categories
- Environment
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More Than Half of Surveyed SRI Financial Professionals Are Offering Fossil Fuel-Free Portfolios to Investors
For the first time ever, more than half (51 percent) of surveyed SRI financial professionals are offering fossil fuel-free portfolios to investors, up sharply from 22 percent in 2013 and 42 percent last year, according to The SRI Conference 2016 Fossil Fuels Divestment Survey released today by First Affirmative Financial Network.
- Categories
- Investing