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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
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As warming brings more malaria, Kenya moves treatment closer to home
With just a medical kit and a mobile phone, health volunteers diagnose villagers with malaria in their own homes.
- Categories
- Environment, Health Care
- Region
- Sub-Saharan Africa
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Is it time to rethink humanitarian insurance?
The human and financial costs of climate and other natural disasters are increasing. These disasters disproportionately affect the poorest and most vulnerable populations- who lose much more of their wealth when disaster strikes.
- Categories
- Environment
- Tags
- climate change, insurance
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What the U.S. can learn from India on climate change and energy access
Indeed, with the United States’ retreat from the Paris climate agreement leaving a void in global leadership, it may be Prime Minister Modi – with his bold renewable energy agenda, “power for all” commitment, and push for widespread adoption of LED light bulbs – who steps up to the plate.
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- climate change
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