finance

microfinance, n.

OED Word of the Day: microfinance, n. The provision of loans and other financial services to low-income individuals and communities for the creation of small businesses…




finance

Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform

Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group have joined an initiative launched by UBS and IBM in 2016 to build a new global trade platform based on blockchain technology. This new platform, called Batavia, is built to be openly accessed by organisations of all sizes anywhere in the world, and can support trade finance for transactions across all modes of trade, whether goods are being transported by air, land or sea.



  • Banking and Financial Services

finance

IBM 2010 Global CFO Study: Sixty Percent of Finance Organizations Plan Significant Changes to Adapt to New Economic Demands

IBM today announced the findings of a major new study of over 1,900 Chief Financial Officers (CFOs) and senior finance executives from 81 countries and 35 industries worldwide, which reveals that more than 60 percent of CFOs plan major changes to respond to the new economic climate.



  • Media & Entertainment

finance

Facing finances

Part of how I got out of debt last time was to be frank with myself and others about my finances. For the first 10 years we were together, James and I had zero debt, and it took some pushing past shame to admit we'd accumulated $10K+ in consumer debt, but admitting it was the first step to eliminate it. This time, the debt is even higher (but it was important, she says with some shame, to fix our teeth and our car, and and and...) but it's not any different: the key to getting rid of it for me is facing it. Well, facing it and having a plan.

Facing it, having a plan, and an almost fanatical devotion to the Pope.

Another thing I have to face is that I can't afford to go part-time yet. Not until either James gets the job he applied for or I get more editing work. I'm a little sad about that, but it's okay -- I can do this for a year while we knock out debt, and then I can decide what to do after that happens. When we don't have debt, we have SO MUCH FREEDOM. I just need to keep that in mind.

In completely other news, I don't get a "Least Complicated" earworm often, in day-to-day life, but something about getting to the "Music" box on the DW posting page brings it to mind; it's my most frequent "Music" entry, and it seems to just be a conditioned response to seeing the input box. Weird.

comments



  • debt-free by 2020

finance

How To Handle a Personal Finance Apocalypse

Many Americans — and people all across the world — are facing a personal finance apocalypse right now. A lot of people are dealing with a sudden job loss or a major cut in hours. Some people are riding out unemployment insurance, while others may not even have that. Many people are facing unexpected and sudden medical expenses. If you add that to the fact that almost four in five Americans were living paycheck to paycheck before coronavirus arrived on […]

The post How To Handle a Personal Finance Apocalypse appeared first on The Simple Dollar.




finance

‘All for Earth’ podcast features climate and clean-energy finance expert Marilyn Waite

Sustainable-finance expert and Princeton alumna Marilyn Waite of the Hewlett Foundation speaks to “All for Earth” about mobilizing $1 trillion to fight climate change.   




finance

Interview with David Enrich on Trump's Finances: "Deutsche Bank Turned a Blind Eye to All These Red Flags"

Greed, envy, poor leadership and a poisonous internal culture: New York Times journalist David Enrich has written a book about Deutsche Bank that also sheds light on the financial institution's relationship with U.S. President Donald Trump.




finance

Creon Butler appointed to lead Global Economy and Finance Programme

22 October 2019

Creon Butler has been appointed to lead the Global Economy and Finance programme at Chatham House, joining the institute at the beginning of December. He will also form part of the institute’s senior leadership team.

Creon will join Chatham House from the Cabinet Office where he served as director for international economic affairs in the National Security Secretariat and G7/G20 ‘sous sherpa’, advising on global policy issues such as climate change, natural resource security, global health threats and the future of the international economic architecture.

Creon first joined the Cabinet Office in 2013 as director in the European and Global Issues Secretariat, advising prime minister David Cameron on international economic and financial issues, ranging from country-specific developments in China and Germany to global challenges such as antimicrobial resistance and anticorruption.  He designed and organized the UK’s global Anti-Corruption Summit in May 2016.  Earlier in his career, he served in the Bank of England, HM Treasury and in the Foreign and Commonwealth Office, where he was director for economic policy and chief economic adviser.  He was also deputy high commissioner in New Delhi from 2006 to 2009.

Robin Niblett, director of Chatham House, said: 'We are delighted that Creon Butler will join Chatham House at such an important moment, when geoeconomic competition and technological disruption are changing the structure of the global economy, and as governments and societies across the world must develop more sustainable pathways to economic growth. Creon brings precisely the right combination of knowledge and experience to enable Chatham House to conceive inclusive solutions for the future.'

Creon Butler said: “Chatham House’s high quality, independent and focused policy research has never been more important in helping policy makers to chart the best path given today’s extraordinary economic and political uncertainties. I am very pleased to have the opportunity to lead the institute’s Global Economy and Finance programme at this critical time.'

 




finance

COP26 Diplomatic Briefing Series: Money Matters: Climate Finance and the COP

Research Event

20 April 2020 - 9:00am to 10:30am

Event participants

Tenzin Wangmo, Lead Negotiator of the Least Developed Countries (LDC) Group 
Mattias Frumerie, Director at the Swedish Ministry for Foreign Affairs
Rachel Ward, Programme Director and Head of Policy at the Institutional Investors Group on Climate Change
Iseoluwa Akintunde, Mo Ibrahim Academy Fellow at Chatham House
Chair: Kirsty Hamilton, Associate Fellow, Chatham House

Finance plays a key role in enabling climate change mitigation and adaptation. It is also a contested issue in the UN climate negotiations. The fourth event in the Chatham House COP26 Diplomatic Briefing Series will explore the politics of climate finance in the context of the COP, and provide a comprehensive update of the main climate finance-related negotiation items and processes. The topic is particularly timely given that the UK Government has made climate finance one of its top thematic priorities for COP26 and that 2020 constitutes the deadline for developed countries to mobilise USD 100 billion per year to support climate action in developing countries.

Anna Aberg

Research Analyst, Energy, Environment and Resources Programme
020 7314 3629




finance

How to Fix Finance by Reinforcing Human Rights




finance

Circular Economy Finance Roundtable

Invitation Only Research Event

4 March 2020 - 1:00pm to 5:00pm

Chatham House | 10 St James's Square | London | SW1Y 4LE

The circular economy minimises waste and keeps materials and products in circulation for as long as possible. It is increasingly regarded as a promising model for achieving the Sustainable Development Goals (SDGs) and the global climate goals of the Paris Agreement, as well as driving sustainable and resilient economic growth in both developed and emerging economies.

The financial industry has a key role to play in scaling up circular practices and ensure the transition from a linear to a circular model. Interest and action from policymakers, the financial industry, and other stakeholders towards financing the circular economy is already emerging in the form of thematic circular economy funds and innovative financial vehicles, as well as new investment criteria, guidance and standards.

However, as more activities around circular economy financing are emerging, questions that arise concern issues of common definitions and standards, consistency with green climate finance and development finance as well as distributive justice and good governance.

Specific questions to be discussed during this event include:

  • What is the current circular economy finance landscape in terms of initiatives, definitions, criteria and guidance?
  • What are the roles of public and private funding and blended finance in financing the circular economy?
  • What lessons can be learned from green climate finance initiatives and ESG related factors and risks?  What types of financial products for small and medium sized enterprises (SMEs) in developing countries are required?
  • How can the finance industry support inclusive and just transitions to the circular economy?

This roundtable will bring together experts representing public and private finance and investment to discuss these questions and share best practise to forge pathways for joined up approach on circular economy finance.

The roundtable will build on previous and ongoing research by Chatham House and others, to drive forward a global and inclusive circular economy agenda.  

Attendance at this event is by invitation only.

Johanna Tilkanen

Project Manager, Energy, Environment and Resources Department




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, on the occasion of the Wild Foundation Workshop on Innovative Solutions to Finance the Conservation and Sustainable Use of Biodiversity, 25 March 201




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, Executive Secretary of the Convention on Biological Diversity, on the occasion of the Second Meeting of the Commission for Biodiversity, Ecosystems, Finance and Development, New York, 12 April 2010.




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, CBD Executive Secretary, on the occasion of the Arab Regional Workshop on Biodiversity and Finance, 29 November 2010, Cairo.




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, CBD Executive Secretary, on the occasion of the Eastern Europe Regional Workshop on Biodiversity and Finance, 25 March 2011, Kiev, Ukraine.




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, CBD Executive Secretary, on the occasion of the Central America Regional Workshop on Biodiversity and Finance, 4 May 2011, Panama City, Panama.




finance

CBD News: Statement by Mr. Ahmed Djoghlaf, CBD Executive Secretary, on the occasion of the Eastern Africa Regional Workshop on Biodiversity and Finance in Support of the Nagoya Outcome, Nairobi, Kenya, Friday, 28 October 2011




finance

CBD News: Finance for biodiversity could be scaled up from around USD 52 billion in 2010 to as high as USD 160 billion by 2020, if the public and private sectors work together to implement a range of financing approaches, according to the new Little Biod




finance

CBD News: Introductory Remarks by Mr. Braulio F. de Souza Dias, CBD Executive Secretary, to the Dialogue Seminar on Scaling Up Biodiversity Finance, Quito, Ecuador, 9 April 2014




finance

CBD News: The Executive Secretaries of the Biological Diversity, Climate Change, and Desertification Conventions are calling for the establishment of a Facility to secure finance for large projects that will help to address common issues.




finance

CBD Notification SCBD/SSSF/AS/ML/GD/88414 (2019-114): Tracking Economic Instruments and Finance for Biodiversity: Invitation to contribute data on positive incentives relevant to Aichi Biodiversity Target 3 to the OECD PINE database




finance

Finance - 6/2/2020

Time: 10:00 AM (Canceled/see notice), Location: E1.036 (Finance Room)




finance

SED's opening remarks at LegCo Finance Committee special meeting




finance

The everyday practices of global finance: gender and regulatory politics of ‘diversity’

6 November 2019 , Volume 95, Number 6

Penny Griffin

This article argues that practices of global finance provide a rich opportunity to consider gender's embodiment in everyday, but highly regulatory, financial life. Tracing a pathway through the rise of the ‘diversity agenda’ in global finance in the wake of the global financial crisis, the article asks how ‘diversity’ has shaped the global financial services industry, and whether it has challenged the reproduction of gendered power in global finance. Recent, innovative feminist political economy work has laid out a clear challenge to researchers of the global political economy to explore how everyday practices have become significant sites of gendered, regulatory power, and this article takes up this challenge, analysing how the rise of ‘diversity’ in financial services reveals the crucial intersections of gendered power and everyday economic practices. Using a conceptual framework drawn explicitly from Marysia Zalewski's work, this article advances critical inquiry into how gender has become an often unacknowledged way of writing the world of global finance, in ongoing, and problematic, ways. It proposes that the practices and futures of the diversity agenda in global finance provide a window into the persistent failure of global finance to reconfigure its foundational masculinism, and asks that financial actors begin to take seriously the foundational, gendered myths on which global finance has been built.




finance

Unlocking Finance for Clean Energy: The Need for 'Investment Grade' Policy

1 December 2009

Kirsty Hamilton

Associate Fellow, Energy, Environment and Resources Programme

As the international community looks to the period beyond the UN Copenhagen agreements on climate change, attention is focusing on the finance for implementing global emissions reductions on the ground. The requirement for significantly scaled-up investment into the solutions to climate change is a central issue, often characterized as investment flows into 'low carbon technologies'.

This paper draws on five years of insights from mainstream financiers leading the exponential growth in renewable energy investment, and key issues for policy-makers seeking to foster conditions for even greater investment are identified.




finance

Circular Economy Finance Roundtable

Invitation Only Research Event

4 March 2020 - 1:00pm to 5:00pm

Chatham House | 10 St James's Square | London | SW1Y 4LE

The circular economy minimises waste and keeps materials and products in circulation for as long as possible. It is increasingly regarded as a promising model for achieving the Sustainable Development Goals (SDGs) and the global climate goals of the Paris Agreement, as well as driving sustainable and resilient economic growth in both developed and emerging economies.

The financial industry has a key role to play in scaling up circular practices and ensure the transition from a linear to a circular model. Interest and action from policymakers, the financial industry, and other stakeholders towards financing the circular economy is already emerging in the form of thematic circular economy funds and innovative financial vehicles, as well as new investment criteria, guidance and standards.

However, as more activities around circular economy financing are emerging, questions that arise concern issues of common definitions and standards, consistency with green climate finance and development finance as well as distributive justice and good governance.

Specific questions to be discussed during this event include:

  • What is the current circular economy finance landscape in terms of initiatives, definitions, criteria and guidance?
  • What are the roles of public and private funding and blended finance in financing the circular economy?
  • What lessons can be learned from green climate finance initiatives and ESG related factors and risks?  What types of financial products for small and medium sized enterprises (SMEs) in developing countries are required?
  • How can the finance industry support inclusive and just transitions to the circular economy?

This roundtable will bring together experts representing public and private finance and investment to discuss these questions and share best practise to forge pathways for joined up approach on circular economy finance.

The roundtable will build on previous and ongoing research by Chatham House and others, to drive forward a global and inclusive circular economy agenda.  

Attendance at this event is by invitation only.

Johanna Tilkanen

Project Manager, Energy, Environment and Resources Department




finance

COP26 Diplomatic Briefing Series: Money Matters: Climate Finance and the COP

Research Event

20 April 2020 - 9:00am to 10:30am

Event participants

Tenzin Wangmo, Lead Negotiator of the Least Developed Countries (LDC) Group 
Mattias Frumerie, Director at the Swedish Ministry for Foreign Affairs
Rachel Ward, Programme Director and Head of Policy at the Institutional Investors Group on Climate Change
Iseoluwa Akintunde, Mo Ibrahim Academy Fellow at Chatham House
Chair: Kirsty Hamilton, Associate Fellow, Chatham House

Finance plays a key role in enabling climate change mitigation and adaptation. It is also a contested issue in the UN climate negotiations. The fourth event in the Chatham House COP26 Diplomatic Briefing Series will explore the politics of climate finance in the context of the COP, and provide a comprehensive update of the main climate finance-related negotiation items and processes. The topic is particularly timely given that the UK Government has made climate finance one of its top thematic priorities for COP26 and that 2020 constitutes the deadline for developed countries to mobilise USD 100 billion per year to support climate action in developing countries.

Anna Aberg

Research Analyst, Energy, Environment and Resources Programme
020 7314 3629




finance

ADA offers free e-books on managing finances, HIPAA training April 8-14

As part of its ongoing efforts to support dentists during the COVID-19 pandemic, the ADA is offering members two free e-books the week of April 8-14: “Managing Finances: Best Practices” and “The ADA Practical Guide to HIPAA Training.”




finance

[ Other - Business & Finance ] Open Question : Can I apply for unemployment as a gig worker?

If so, can you do it online? I don't want to catch COVID-19 waiting in some packed line, as I live with an 80 year old.




finance

4th Consumer Financial Protection Bureau research conference on consumer finance, Dec 12-13, 2019

SUBMISSION DEADLINE: SEPTEMBER 3, 2019 What: 4th CFPB Research Conference on Consumer Finance When: December 12th-13th, 2019 Where: Catholic University in Washington, DC In December 2019, the Consumer Financial Protection Bureau (CFPB) will host its fourth research conference on consumer finance at Catholic University in Washington, DC. Information on prior conferences can be found here: […]

The post 4th Consumer Financial Protection Bureau research conference on consumer finance, Dec 12-13, 2019 appeared first on Decision Science News.




finance

Audit slams Española Public Schools’ finances




finance

Here's Why a Maryland School Finance Overhaul Could Prove Groundbreaking

Maryland's legislature has proposed a unique way to fund schools and also wants to hold school districts more accountable for how they spend their money as part of a new funding formula.




finance

Audit slams Española Public Schools’ finances




finance

One State Is Overhauling Its Finance Technology After Long-Standing Fights, Glitches

State education departments' finance technology can cost millions to replace, but those systems are crucial for fiscal transparency and efficiency. Hawaii's is replacing its long-troubled system with a new one to go online this summer.




finance

With Cash to Spend, States Throw Down Big Bucks for K-12 Finance Studies

At least three states in the last few months have forked over half a million dollars or more for comprehensive studies of their K-12 finance system, a politically fraught process.




finance

Australian government response to the Senate Finance and Public Administration References Committee inquiry report : the appropriateness and effectiveness of the objectives, design, implementation and evaluation of the Community Development Program (CDP)




finance

Les Big Tech dans la finance : opportunités et risques

French version of BIS Press Release - Big tech in finance: opportunities and risks, 23 June 2019




finance

School Finance

A study finds that states over time have shifted to devoting more resources to help specific populations.




finance

General Pediatric Attending Physicians' and Residents' Knowledge of Inpatient Hospital Finances

Physicians have little knowledge of health care costs and charges. Studies suggest that education and awareness of hospital finances can decrease unnecessary utilization of resources. Little is known about pediatricians’ awareness of the economics of health care delivery in the inpatient setting.

Both general pediatric attending physicians and trainees acknowledged a limited understanding of hospital finances, and they demonstrated a lack of awareness of costs, charges, and reimbursements for inpatient care. (Read the full article)




finance

Smeal spring 2020 finance marshal excels even with student-athlete demands

Siena Salvaggio, who will graduate Saturday with a 4.0 GPA in finance and a minor in economics, has been named Smeal’s spring 2020 finance student marshal.




finance

Fin24.com | 4 ways to creatively finance a property deal

There is a saying in the property world: find the deal and the money will come, says property investment expert and property wealth coach Andrew Walker.




finance

Hyundai’s 5 new car buying finance schemes explained: Low EMIs, no down payment and more

To assist customers during this difficult time, Hyundai India has devised a set of new finance schemes that may help ease their financial burden. We explain what is being offered and exactly what they entail.




finance

Covid-19 & your money worries: Tips to handle the impact on your finances

When it comes to surviving financial crisis, focus on what you can control and you can do rather than on what you cannot control or what is not possible to do now




finance

HC protection to Indiabulls Housing Finance: MFs see no immediate cause of worry

Fund houses such as HDFC MF, Baroda MF, Nippon India MF, PGIM MF and UTI MF have exposures to debt papers issued by the Indiabulls Housing Finance, shows the data from Value Research.




finance

RBI to provide Rs 50,000-crore refinance facility to AIFIs

The measure has been taken by the RBI to meet sectoral credit needs at a time when the institutions are facing difficulty in tapping the market.




finance

States should avail 0.5% fiscal deficit deviation through FRBM Act: Finance Commission chairman NK Singh

In view of the massive disruption to economic activity due to Covid-19 impact and likely huge shortfall in revenues, the council felt that fiscal response to the crisis should be much more nuanced.




finance

A Startup agrees to finance H-1B visa holders and DACA recipients

Many Indian students need financial help to pursue a master’s degree at the University level in the USA, but cannot apply for a student loan. They are forced to take a loan in India and pledge their home as collateral.Starting the journeyInspired by…




finance

Bajaj Finance hires 111 from IITs

Bajaj Finance, one of the largest non-banks in India, currently has over 20,000 employees working across 2,000 locations in India. The company currently has more than 36 million customers availing various products from its diversified portfolio. 




finance

Assam turmoil: Microfinance institutions face irregularity, delay in loan repayments

Worried microfinance industry feels that if the “irregularity and delay” in loan repayments get longer, then there would be a major problem for every player — small, medium and large.




finance

Saudi stocks dive after finance minister vows 'painful' measures

Saudi shares tumbled Sunday, a day after the finance minister announced "painful" measures to tackle the economic impacts of the coronavirus pandemic.