Impact Investing & ESG
Major Asset Managers Moving Slowly but Surely Toward Impact Investing
Nine of ten of the largest U.S. asset managers have launched or are exploring strategies.
TPG Seals Record $2 Billion for Fund Co-Led by Bono
Private equity firm TPG collected $2 billion for The Rise Fund, tapping growing demand for impact investing to create the largest pool of its kind.
Filling the Education Funding Gap in India
Impact investors are missing key opportunities in India’s education sector.
Bain, Alts Peers Chase ‘Holy Grail’ of Rating Impact Results
A new challenge looms for the impact investing market, which across its first decade has labored to prove that fund managers and strategies can produce competitive financial returns alongside a measurable social benefit.
United States & Europe
Labor Case before Supreme Court and Jobs Number for September
The Supreme Court will open its new term by hearing arguments about whether companies can require workers to forfeit their rights to join together in lawsuits or arbitration proceedings against their employers.
U.S. Lost 33,000 Jobs in September as Hurricanes Roared Through
The Labor Department released its official hiring and unemployment figures for September on Friday morning, providing the latest snapshot of the American economy.
Developing Economies
The Global Competitiveness Report 2017-2018
Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity.
Stanford Launches Research Center Focused on Global Poverty and Development
The Center on Global Poverty and Development joins students and faculty from across the university and connects them with policymakers and business leaders committed to fighting poverty.
Historic Milestone Reached in Global Fight Against Mercury Pollution
In a landmark display of international cooperation, more than 160 countries committed to tackling one of the world’s greatest chemical health threats at the first meeting of the Conference of the Parties to the Minamata Convention on Mercury.
Startup Accelerators Have Become More Popular in Emerging Markets – and They’re Working
For decades, we have heard that emerging markets are poised for huge growth that will yield even greater prosperity. But a long list of obstacles always seems to be getting in the way of realizing this potential. Startup accelerator programs have been touted as one path to faster progress.
Emerging Markets Lag in Software
Despite the huge size of emerging economies they have yet to produce global leaders in software.
Peru Targets 100% Rural Electrification by 2021 with Transmission Upgrades, Natural Gas and Solar
Head of the Ministry of Energy and Mines, Cayetana Aljovín, ratified the electrification commitment of the government of President Pedro Pablo Kuczynski, at the 6th International Energy Day Congress.
New Marine Parks Protect 290000 Square Miles of Ocean
The parks protect a combined area in the Pacific Ocean more than twice the size of Germany.
Puerto Rico’s Agony Makes the Case for Climate-Resilience Investing
As risks rise, so does the value of mitigating them.
Southeast Asia Banks Urged to Strengthen Environment Policies
Banks and regulators in Southeast Asia should strengthen financial-sector rules and guidelines to promote funding for environment-friendly projects in a region threatened by deforestation and climate change.
World Bank says 64% of People Who Live in Slums are in Asia
Around 64% of people who live in urban slums are in Asia, as the region experienced rapid rural-to-urban migration that has left millions of urban dwellers in poverty, according to the World Bank.
Nigeria Recovers $3 Billion in Large-Scale Energy Sector Reform
The government of the West African country, the biggest oil producer on the continent, is currently carrying out a large-scale reform in the energy sector aimed at improving transparency and revenues, after years of graft in the national petroleum company and other local entities that have cost the state coffers billions.
World Food Programme Cuts Rations for Refugees in Kenya
The U.N. World Food Programme is cutting food rations by 30 percent for more than 400,000 refugees living in camps in Kenya due to insufficient funding.