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Blockchain vs. Greenwashing: Why Emissions Reporting is Pointless Without Verifiable Data
The current carbon emissions reporting landscape is awash in bold, often dubious claims about the supposed climate impact of different businesses. According to Nish Kotecha at Finboot, these claims are a result of the growing pressure on companies to provide more environmental accountability, and they often reduce emissions reporting to an exercise in greenwashing. He explores how Finboot is leveraging blockchain to verify the accuracy and reliability of emissions data, and discusses some key obstacles to the wider adoption of blockchain-based emissions reporting.
- Categories
- Energy, Environment, Technology
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Finarkein Secures $4.75 Million Funding to Scale Digital Public Infrastructure Initiatives
The lead investor in this round was Nexus Venture Partners, with support from current investors Chirag Jain of Ashika Group and Nitin Gupta of Uni.
- Categories
- Technology
- Region
- Asia Pacific
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4 Billion People Worldwide Lack Access to Safe Drinking Water, Study Finds
The researchers used remote sensing data and household surveys and found that water quality was the main challenge for providing safe water globally.
- Categories
- WASH
- Region
- Global
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Press Release: Temelio and UpMetrics Forge Strategic Partnership to Enhance Grantmaking and Impact Measurement for the Social Sector
The partnership combines two purpose-built solutions to streamline the grantmaking process and harness industry-leading technologies for grant management and impact measurement.
- Categories
- Investing
- Region
- Global
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Regulatory Roadblocks are Holding Blended Finance Back: Here are Three Concrete Ways to Address Them
After hitting a 10-year low in 2022, blended finance flows bounced back to a five-year high of $15 billion in 2023. But despite this renewed momentum, Andrew Apampa at Convergence points out that blended finance faces a number of challenges that hinder its ability to scale — including the complex web of policies and regulations that deter highly regulated financial institutions from investing in emerging markets. He discusses these obstacles and presents some promising solutions, as outlined in Convergence’s State of Blended Finance 2024 report.
- Categories
- Investing
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Prembly Onboards IDVerse to Expand Global Identity Infrastructure and Pan-African Position
The integration of IDVerse’s identity tools into Prembly’s data infrastructure powers greater reach and automation for emerging markets to transact on a global basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria Fines Meta $220 Million for Violating Data Protection and Consumer Rights Laws
Nigeria's government has fined Meta $220 million after its investigations found “multiple and repeated” violations of the country’s data protection and consumer rights laws on Facebook and WhatsApp.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Profit with Purpose: How Women-Inclusive Business Practices Drive SME Success
Small- and medium-sized enterprises (SMEs) presents a significant untapped opportunity to advance gender equality in low- and middle-income countries.
- Categories
- Investing
- Region
- Global
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