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To Change the World, Change Your Economics: How Degrowth Can Shrink Overconsumption in the Global North While Allowing the Global South to Grow
The global economy largely operates under a neoclassical economic structure, which emphasizes a reliance on markets, a deference to the private sector and a focus on constant growth. But according to Matt Orsagh and Steve Rocco at the Arketa Institute, this structure has a fatal flaw: It operates on a planet with finite resources and limited places to put our waste, but assumes that economic growth can go on forever. They argue that the world needs a new form of economics that reflects our environmental realities, one focused on "degrowth" — i.e., an effort to equitably downscale production and consumption in the Global North, without putting undue restrictions on the development of the Global South. They explore what this change might mean for the world's economy, the investing community — and countries in the Global North and South.
- Categories
- Energy, Environment
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ISA Saúde Raises $30 Million Series B to Revolutionize Home Healthcare
Led by IFC, the investment aims to accelerate ISA's national expansion, broaden its service portfolio, and strengthen its M&A strategy, consolidating the company as a leading reference in home healthcare in Brazil.
- Region
- Latin America
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Press Release: IFAD Pledges to Transform the Lives of at Least 70 Million Small-Scale Food Producers, as Part of the World Bank’s AgriConnect Initiative
AgriConnect is a new World Bank Group initiative designed to create jobs in agribusiness, transform the livelihoods of millions of smallholder farmers globally and strengthen global food security.
- Categories
- Agriculture, Investing
- Region
- Global
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Press Release: Partnership Aims to Advance Clean Energy Innovation in Asia Pacific
Through this initiative, the University of Michigan and WDI will work collaboratively with ADB on a wide range of projects across the Asian region, including in clean energy and e-mobility, climate and health, water, food security, and biodiversity.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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IFC, Appian Launch $1 Billion Critical Minerals Fund in Africa and Latin America
The fund, anchored by an initial $100 million commitment from IFC, a member of the World Bank Group, will focus on nickel, copper, cobalt and rare earths, all essential for the energy transition and digital technologies.
- Categories
- Energy, Technology
- Region
- Global
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Africa Finance Corporation Secures USD $100 Million Facility From Findev Canada, Marking Its Inaugural Transaction in the Canadian Market
The facility will strengthen AFC’s funding base and support a growing pipeline of renewable energy and low-carbon transport projects across Sub-Saharan Africa, further expanding the Corporation’s commitment to climate-resilient infrastructure development.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Ampersand Lands New Funding Aims for 13,000 Electric Motorcycles and a Doubled Battery-Swap Network by 2026
"The fresh capital will fund a rapid roll-out of battery-swap stations and charging infrastructure aimed at cutting riders’ energy costs and shrinking urban emissions."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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ADB, World Bank Sign $3 Billion Agreement to Boost Lending Capacity in Asia and the Pacific
The agreement is ADB’s first EEA with the World Bank and its sixth EEA with other multilateral development banks (MDBs) since 2020, bringing the cumulative exchanged amount to $9 billion.
- Categories
- Finance
- Region
- Asia Pacific
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