In recent years, the global community has witnessed a growing concern for environmental sustainability. With increasing awareness about climate change and the need for sustainable development, the concept of green financing has emerged as a powerful tool to address these pressing challenges. Green financing, also known as sustainable finance, refers to financial products and services […]
The Lending Standards Board (LSB) is calling on financial services to provide their input on protecting standards for business customers in green finance. This comes as many smaller businesses continue to struggle in accessing sustainable financial products, despite the growing demand. According to the LSB, there are approximately 15 green finance products available to small […]
US Treasury Secretary Janet Yellen is urging the United States and China to cooperate on climate financing in an effort to tackle the pressing issue of climate change. Yellen emphasizes the joint responsibility and ability of both nations to lead the way in combating this global challenge. In her call for cooperation, Yellen specifically asks […]
Recur Club, a prominent investment club, has recently announced the launch of a $10 million sustainable finance programme. The primary objective of this initiative is to invest in startups that are dedicated to creating a greener future. The programme aims to provide growth capital to these startups without diluting their equity, allowing them to thrive […]
Chang-Ken Lee, the prominent figure in sustainable finance, showcased his commitment to climate action at the Climate Investment Summit. Lee’s presence at the summit marked a significant milestone for Cathay Financial Holdings, one of the leading financial institutions, highlighting their dedication to addressing climate change. During the summit, Lee emphasized the importance of collaboration among […]
Disasters such as cyclones and wildfires not only cause immense physical damage but also have a significant impact on the vulnerability of Micro, Small, and Medium Enterprises (MSMEs) and vulnerable households as customers for financial services providers. These disasters increase the risks faced by these entities, making it even more challenging for them to access […]
The green economy has emerged as a strategic priority for governments worldwide, offering a viable alternative to the current economic model that exacerbates inequalities, waste, resource scarcities, and environmental threats. Inclusive green economies, as defined by the UN Environment, aim to improve human well-being, promote social equity, and mitigate environmental risks and scarcities. To achieve […]
In today’s world, where our environment is constantly under threat, it is crucial to have experts who can effectively manage and mitigate risks. In the field of urban flood risk management, civil engineers play a vital role in ensuring the safety and well-being of communities. Let’s take a closer look at some of the skills […]
The Summit for a New Global Financing Pact in Paris recently took place, with a focus on financing for Global South development aid and the climate transition. This summit brought together participants from various nations to discuss and commit to actions that will contribute to a more sustainable and equitable future. One of the key […]
The global technology landscape is undergoing significant shifts as the United States contemplates new restrictions on the access of artificial intelligence (AI) to China. The Biden administration’s recent efforts to regulate AI chip exports to China have not only raised concerns about national security but also triggered market reactions. Nvidia and other chip stocks are […]