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UBS Invests $225M in KKR Global Impact
The UBS fund-raising, from its global private client base, nudges the global wealth management firm closer to a commitment to raise US$5 billion within five years to address the United Nations’ sustainable development goals.
- Categories
- Investing
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Viewpoint: Cloud Computing Could Be Key to Speeding up Africa’s Development
What’s especially useful about cloud computing is that companies or organisations don’t need to own computing infrastructure or data centres. Instead, they can rent access to storage and applications, among other things, from a cloud service provider. This allows them to get access to sophisticated capabilities on demand. And they don’t have to spend a great deal of money building and maintaining IT infrastructure on site.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, global development, SDGs
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US Aims to Double Financing in Latin America to $12 Billion
In addition to loans, loan guarantees and political risk insurance, the U.S. International Development Finance Corporation will have the authority to make limited equity investments with a $60 billion cap.
- Categories
- Finance
- Region
- Latin America
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In Sierra Leone, New Kiva Protocol Uses Blockchain to Benefit Unbanked
The National Civil Registration Commission developed the national digital identity platform with support from Kiva, a nonprofit organization based in San Francisco that allows people to lend money to low-income people around the world, as well as the United Nations Capital Development Fund and the United Nations Development Programme.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The World Bank Is Still Loving Its Blockchain-Powered Bonds
The World Bank’s blockchain-based bond wasn’t just a one-hit wonder.
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Clean vs. ‘Clean Enough’: How the Clean Cooking Industry Can Overcome its Struggles to Scale
Access to clean cookstoves and fuels has only increased by 0.5% per year, well below all global development goals. To turn this trajectory around, Jessica Alderman at Envirofit International argues that the industry needs to resolve a high-stakes debate: Should it focus only on the cleanest solutions that have the greatest health and environmental impacts? Or should it fund and promote technologies that have lesser impacts - but that are more affordable and likelier to reach the people who need them most?
- Categories
- Energy, Health Care, Technology
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UNDP and Samsung Unveil Global Goals Partnership
Samsung Galaxy phones will carry the Global Goals app that defines each of the 17 goals showing users how they can take small actions towards achieving the SDGs.
- Categories
- Technology
- Tags
- global development, SDGs
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Think Big: Behind a Push to Unlock Billions in New “Catalytic” Capital for Global Development
The Global Impact Investing Network’s (GIIN) 2018 Impact Investor Survey shows a diverse and growing market. But the survey also finds a “particularly” wide gap in “appropriate capital across the risk/return spectrum.” Of the $288 billion in impact investment assets today, only 5 percent are allocated below market.
- Categories
- Investing
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