Weekly Impact Investment Market Update: October 27, 2017

Impact Investing & ESG
 

The Limits of ESG Screening

Governance is the most important factor in ESG investing. But can you really screen for it?

Companies Taking ESG Seriously are Long-Term Winners

Inequality and climate change have created a challenging backdrop for companies, meaning a failure to incorporate these principles will provide a poor return for investors.

In Depth: ESG Investing is Here to Stay

As asset owners’ fervor surrounding ESG and impact investing intensifies, sustainable investing has emerged as an integral part of investment frameworks.

25 Universal Assets Owners That Could Put a Dent in the SDG Financing Gap

Canada had the most leaders on a list of the world’s top 25 responsible asset allocators, with six asset managers representing nearly $1 trillion under management.

Global Tree Cover Loss Rose 51 Percent in 2016

Global tree cover loss reached a record 29.7 million hectares in 2016, according to new data from the University of Maryland released today on Global Forest Watch.

Business Are Facing a New Reality. These Are the Ones that are Succeeding.

Evidence is mounting to show that the frequency and ferocity of extreme weather events is intensifying on a global scale. From severe droughts to powerful storms, we are living in an increasingly changeable, uncertain, and unpredictable world.

 

United States & Europe
 

US Workforce to Add 11.5 Million Jobs by 2026

The U.S. economy is expected to add another 11.5 million jobs by 2026, as an aging population and longer life spans raise the need for healthcare providers. The total U.S. workforce is expected to grow to 167.6 million people.

U.S. Economy Grew at 3% Rate in 3rd Quarter, Despite Storm

In a show of resilience, the American economy grew at a solid pace in the latest quarter despite the impact of the hurricanes in Texas and Florida.

Eastern Europe’s Major Economies Are Having an Underappreciated “Goldilocks Moment”

Germany has long been the engine that drives the EU’s economic growth, but for the past few years it has been outpaced by countries further east—most notably Poland, Romania, and the Czech Republic.

Catalonia Independence: Rajoy Dissolves Catalan Parliament

Spanish Prime Minister Mariano Rajoy is dissolving the Catalan parliament and calling snap local elections after MPs there voted to declare independence.

 

Developing Economies
 

Worldwide Debt More Than Triple Economic Output as Central Bank Shift Looms

Worldwide debt has risen to a record $226 trillion – more than three times global annual economic output – and firms in more countries are struggling to service loans.

Emerging-Market Debt Loses Some Local Appeal

Local-currency debt of developing nations has hit a rough spot after gaining nearly 12 percent during the first nine months of the year.

By 2030, the Number of 15-to-24-Year Olds Will Increase by 100 Million –Where Will They Find Work?

Between 2015 and 2030, the number of 15- to 24-year-olds is expected to increase by 100 million – almost all of them in sub-Saharan Africa and most of them in rural areas.

A $2.9 Billion Tax Hole Looms Over South Africa’s Finance Minister

South African Finance Minister faces a gaping budget hole — and will have to consider cutting spending, raising taxes and selling state assets if he wants to avoid further ratings downgrades.

Tanzania President Names Tax Expert as Central Bank Governor

Tanzania’s new central bank governor will be tax law professor Florens Luoga.

Zambia’s Independence and the State of Agriculture

Zambia’s agriculture has a special place in the country’s political and economic agenda.