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Press Release: IFC Establishes a Presence in Malaysia to Support Green, Resilient and Inclusive Growth
IFC has established a presence in Malaysia to support the country's efforts to foster greater sustainable, resilient, and inclusive economic growth.
- Categories
- Environment, Technology
- Region
- South Asia
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Chile’s Lithium Nationalization Shines Light on Emerging Tech
In Chile, DLE companies see a business opportunity despite the nationalization plans given that Boric's new state lithium company is expected to need technical support.
- Categories
- Energy, Technology, Transportation
- Region
- Latin America
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Chile Plans to Nationalize Its Vast Lithium Industry
The shock move in the country with the world's largest lithium reserves would in time transfer control of Chile's vast lithium operations from industry giants to a separate state-owned company.
- Categories
- Energy, Technology
- Region
- Latin America
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‘We Should Be Worried’: Finance Leaders Warn Rising Interest Rates Are Squeezing Low-Income Countries
Public debt burdens in developing countries have been exacerbated in recent years by back-to-back global crises.
- Categories
- Investing
- Region
- Global
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing
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Edves Announces a Strategic Partnership With “1 Million Teachers”
The partnership came about in order to address the dire teacher shortage worldwide and improve the quality of education in Africa.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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How Can Smart Cities Benefit Emerging Countries?
Creating and upgrading smart cities is seen as a key route to maintaining the standard of living in a sprawling city.
- Categories
- Energy, Technology, Transportation, WASH
- Region
- Global
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
- Categories
- Finance, Investing, Technology
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