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How Global Corporations Can Boost Local Renewable Energy Production: The Transformative Potential of D-RECs in Emerging Markets
If the world hopes to address climate change, large corporations must transition away from fossil fuels for their power needs. To that end, corporations can buy renewable energy certificates, allowing them to claim renewable energy use and meet their climate commitments, while providing needed funding to renewable projects. But as Beatrice Kennedy at Powertrust points out, emerging markets generally lack access to this solution. She explores how distributed renewable energy certificates (D-RECs) can address this gap, leveraging blockchain and open-source technology to create a global marketplace for renewable energy generated in emerging countries.
- Categories
- Energy, Technology
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Syringe Maker ApiJect Reels in $111 Million in Private Investment Round
ApiJect’s system was invented by Marc Koska, a social entrepreneur who worked for decades in developing countries to prevent deaths from the reuse of contaminated needles.
- Categories
- Finance
- Region
- Global
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Blockchain Startup Aimed at Financial Inclusion Secures $25 Million Dollar Capital Commitment
Finance Blocks will focus on emerging markets and the unbanked.
- Categories
- Finance, Technology
- Region
- Global
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Dock Receives $110 Million In Funding for Its Digital Payment and Banking Platform
Dock offers a full-stack platform that offers solutions to both payments and digital backing, covering the entire ecosystem.
- Categories
- Finance, Technology
- Region
- Latin America
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In Defense of Wealth Creators: Why Globalization, Outsourcing – And Rich People – Are a Good Thing for Developed and Emerging Economies
International trade breaks down borders and provides societal and economic advancements in countries around the world. But as Derek Bullen at S.i. Systems points out, despite these benefits, there's a widespread perception that the businesses and individuals that drive this globalized, free market system only bring wealth to themselves. He argues that criticisms of globalization – and the outsourcing and wealth concentration it involves – are fundamentally flawed, and explains how wealthy individuals and their businesses benefit both affluent and emerging economies.
- Categories
- Entrepreneurship
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Edtech Start-Up Manara Raises $3 Million in New Financing
Funding round was led by FinTech company Stripe with participation from Careem founder Mudassir Sheikha and other major investors.
- Region
- Global
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Japan Supports Cambodian Healthcare Expansion with Grant of Over $1 Million
Japan has provided a grant of $1.175 million to the UN Population Fund (UNFPA) for Emergency Covid-19 Response to support Cambodia in building a resilient and responsive healthcare system.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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JPIN Launches Strategic Funds With a Combined Value of US $150 Million for Innovation
JPIN, a startup investment bank, has announced the launch of two strategic funds aimed at fuelling innovation across the globe.
- Categories
- Investing
- Region
- Global
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