-
Mastercard Debuts Card to Act as ID, Payment for Underserved
Members of underserved populations don’t always have credit cards. City Key is Mastercard’s effort to help cities distribute services and benefits by creating a tool that can act as an ID, payment card or access pass.
- Categories
- Finance
- Region
- North America
-
White House Touts Help For Poor Areas — But Questions Endure Over Who’ll Benefit
Smith, who helps lead the White House efforts on the zones and other domestic policy matters, told NPR that the zones help cities and towns draw on private-sector investment in an innovative way. But the federal law does not specify how those funds should be used; investors might build affordable housing — or they might build high-end apartment buildings.
- Categories
- Finance
- Region
- North America
-
Press Release: The Rockefeller Foundation Launches New Climate and Resilience Initiative; Commits An Initial $8 Million To Continue Supporting Global Network Of Cities And Chief Resilience Officers
The first commitment of this initiative is an initial $8 million to continue supporting the work of Chief Resilience Officers (CROs) and member cities within the 100 Resilient Cities (100RC) Network.
- Source
- Press Release
- Categories
- Environment, Investing
-
Uber Thinks Its Data Can Solve Nairobi’s Epic Traffic Jams
With more than 4.5 million people, traffic congestion in the Kenyan capital can be maddening, especially during peak hours. Rapid urbanization, a rise in the number of car owners, poor infrastructure, and an ad-hoc system of colorful matatu busses are jamming up the city’s streets, making them dirtier and deadlier than ever before.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Viewpoint: Why a Hipster, Vegan, Green Tech Economy Is Not Sustainable
Improving eco-efficiency within a capitalist growth-oriented system will not save the environment.
- Categories
- Environment, Technology
- Region
- North America
-
The Downside of Social Impact Bonds
After more than three years researching social impact bonds, a filmmaker argues we need to consider the ways they might be doing more harm than good.
- Categories
- Investing
-
Redefining Shareholder Value: Why Respect for Communities is the Foundation of Impact Investing
Respect for communities may seem like an obvious priority for impact investors. But how can investors ensure that they're truly recognizing a community’s unique energies, opportunities and assets? According to Enterprise Community Loan Fund president Lori Chatman, the first step is to realize that the people who live and work in an area are a powerful resource for uncovering their community's strengths and needs. She explores how Enterprise put this approach into practice in a project to revitalize a struggling neighborhood in Baltimore.
- Categories
- Investing
-
Tapping Opportunity Zones, Social Impact Investor SoLa Raises Its Biggest Fund
Muoto created SoLa Impact Fund in 2012, aimed at investing in properties in economically distressed areas of South Los Angeles. So he was perfectly positioned to leverage Opportunity Zone legislation. To that end, he recently raised his third and largest fund.
- Categories
- Investing
- Region
- North America
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.