Sustainable Investing Turns Out Not to Be as Popular as the Hype
August, 31 2019
Global - The overwhelming drivers of this trend are young people, financial advisors say. Millennials are values-driven, environmentally conscious and financially savvy, we are frequently told.
And yet a host of recent studies show that millennial money does not always follow their mouths.
Sierra Leone Launches e-ID for Social and Financial Inclusion for 5.1 Million Citizens
August, 30 2019
Sierra Leone - The digital ID after pilot testing and implementation for financial services will be rolled out as the principal means of identification for citizens seeking to receive services from the government. UN Sustainable Goal 16 requires all nations to provide legal identity for all citizens to build effective, accountable, and inclusive institutions ...
Pakistan: Govt Urged to Launch Micro-credit Schemes for Small Farmers
August, 24 2019
Pakistan - Islamabad Chamber of Commerce & Industry (ICCI) President Ahmed Hassan Moughal said on Saturday that despite being an agricultural country, Pakistan remained unable to introduce latest agricultural machinery and technology so far, owing to which the country’s per acre agricultural yield was far less when compared to other countries ...
New Coalition Looks to Align Business Goals with Impact Investing
August, 22 2019
Global - The 34 leading international companies joining the Business for Inclusive Growth initiative will work with the Organization for Economic Cooperation and Development, whose chairman — French President Emmanuel Macron — is expected to promote the initiative at the upcoming G-7 meeting in Biarritz, France ...
Impact Investing VS Investing with Impact
August, 20 2019
Global - While many are fully invested in making an impact, there's still a great deal of confusion among investors and startups concerning impact investment as a financial instrument and how it forms part of a greater portfolio alongside philanthropy ...
Reaching the Next Generation of Financial Services Customers in Africa
August, 19 2019
Africa - A lack of data on the youth segment has led many to assume that young people don’t make good clients, whether because they lack money and collateral or because they just aren’t responsible borrowers. However, a growing body of evidence shows that youth have significant potential as clients ...
Southeast Asia: PE Impact Investors Should Target SMEs
August, 19 2019
Southeast Asia - Private equity (PE) impact investors should look at small and medium enterprises (SMEs) in Southeast Asia as these companies are ready to embrace sustainability practices and are able to have a direct impact on society, according to Jupiter Impact Partners Pte Ltd ...
Turkish NGO Reshapes Microfinance via Blockchain
August, 17 2019
Turkey - A Turkish NGO is set to use blockchain technology to enable entrepreneurs to get funded by social investors anywhere in the world, the head of the Turkish Foundation for Waste Reduction (TISVA) said on Friday ...
Bank of Ghana Revokes Licenses of 23 S&L Companies
August, 16 2019
Ghana - The Bank of Ghana has finally put paid on insolvent savings and loans companies, with renowned ones including GN Savings and Loans and Ideal Finance been part of the 23 banks whose licenses have been revoked ...
Countries Most Exposed to Climate Change Face Higher Costs of Capital
August, 15 2019
Global - Research suggests that the most vulnerable countries countries face higher interest rates than similar countries less exposed to climate risks. This raises the prospect of a vicious cycle, in which these countries pay more to borrow, making adaptation harder and them even more exposed ...
A.Bouri, CEO, GIIN: Why Impact Investing Is a Natural Fit for Faith-Based Investors
August, 12 2019
Global - As of 2016, 126 faith-based organizations of “diverse religions and creeds,” such as Islam, Buddhism, Judaism and Christianity, and with a collective $24 billion in assets, had committed to divesting from fossil fuels, with many feeling a moral imperative to provide clean energy to the world’s poor ...
Papua New Guinea A Leader in Off-grid Solar Lighting
August, 09 2019
Papua New Guinea - A new report by IFC, a member of the World Bank Group, says Papua New Guinea has achieved dramatic growth in the use of off-grid solar products with 60% of households now using solar lighting, compared to just two percent seven years ago. ...
In Search of Common Ground on Sustainable Agriculture
August, 05 2019
Global - Since 2009, the Green Commodities Programme, a United Nations Development Programme initiative, has been pushing for public-private collaboration to establish more sustainable supply chains in agriculture ...
Bangladesh: Microfinance Transformation Inevitable
August, 02 2019
Bangladesh - Transformation of microfinance institutions is inevitable considering rural economic growth and financial inclusion requirements of Bangladesh where some 50 percent of the adult population remain unbanked, said discussants yesterday. ...