finance

The Climate Briefing: Episode 5 - How to Finance Climate Action




finance

Creon Butler appointed to lead Global Economy and Finance Programme

Creon Butler appointed to lead Global Economy and Finance Programme News Release sysadmin 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.




finance

Nuclear, gas and green finance taxonomies in the EU and UK

Nuclear, gas and green finance taxonomies in the EU and UK 23 February 2022 — 10:00AM TO 11:00AM Anonymous (not verified) 20 January 2022 Online

Experts discuss EU, UK, and international perspectives on green taxonomy.

This event will address the controversial additions to the EU green finance taxonomy, including the labelling of some nuclear and gas power sources as “green”. Hear perspectives from the UK, EU and international experts.

The UK has committed to creating a green taxonomy to provide a shared understanding of which economic activities count as sustainable. It should be robust and evidence-based, taking an objective and science-based approach to assessing sustainability.

Technical Screening Criteria (TSCs) for the climate change mitigation, and climate change adaptation objectives within the UK green taxonomy will be based on those in the EU Taxonomy. The Government is currently reviewing these and expects to consult on UK draft TSCs in the first quarter of 2022, ahead of legislating by the end of 2022.

In recent weeks the European Commission has proposed controversial additional TSCs for the EU taxonomy, most notably the inclusion of nuclear and natural gas in power generation, which are currently being discussed by Member States and the European Parliament.

The inclusion of controversial power sources not only risks affecting investment and deployment patterns in the net-zero transition, but may also be a threat to the authority of the taxonomy as a whole

Key questions for the UK now include whether and how to address these issues in its own taxonomy, and how to promote a science-based ‘race to the top’ between jurisdictions that can lead to robust international standards.

This Environment and Society Discussion Series event brings expert voices together to discuss EU, UK, and international perspectives, and is co-organized with E3G.




finance

Climate finance and conflict dynamics on the road to COP27

Climate finance and conflict dynamics on the road to COP27 21 September 2022 — 1:00PM TO 2:00PM Anonymous (not verified) 9 September 2022 Online

Stakeholders discuss the role of conflict and conflict sensitivity in climate finance and action.

With climate change, fragility and conflict challenges worsening, the role of international climate finance is more urgent than ever.

From the implementation of climate finance and who it reaches to the rush for renewable energy, the inclusion of conflict analysis and conflict sensitivity principles often remain absent from climate finance discussions and planning.

With COP27 around the corner and for the occasion of International Peace Day, stakeholders ranging from government representatives to climate activists discuss their perspectives on the role of conflict and conflict sensitivity as part of climate finance and action.

This event was organized in partnership with International Alert.




finance

Dance of the Trillions: Developing Countries and Global Finance

Dance of the Trillions: Developing Countries and Global Finance Book sysadmin 6 July 2018

David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows.

Selected by the Financial Times as one of the best economics books of 2018, Dance of the Trillions traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day.

Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the ‘Washington Consensus’ to one more likely to be shaped by Beijing.

This book is part of the Insights series.

 

 

 

Praise for Dance of the Trillions

This brilliant, well-written book shows how the destinies of developing countries have been shaped by the capricious flows of trillions of US dollars in international capital. When the funds gushed in, many emerging markets flourished but were just as quickly left stricken when the tides of international capital deserted them.

James Kynge, emerging markets editor, Financial Times and author of China Shakes the World

About the author

David Lubin is managing director and head of emerging markets economics at Citi, an American bank, where he is responsible for a team of more than 30 economists in 15 locations globally.

Purchase




finance

How quadratic funding could finance your dreams | Kevin Owocki

What if your $1 donation could result in a $100 contribution to a cause you believe in? That's the promise of quadratic funding: a new kind of crowdfunding model that uses math to distribute funds based on the number of contributors, rather than the amount given. Gitcoin founder Kevin Owocki dives into the principles and pitfalls of this approach to philanthropy, where "many small donors are more powerful than one large donor."




finance

Nation Gets a 'C' on School Finance, Even as Economic Downturn Takes Hold

Wyoming once again takes the top spot in Quality Counts' annual ranking of the states on school finance, while 22 states receive grades between C-minus and D-minus.




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

Nation Gets a 'C' on School Finance, Even as Economic Downturn Takes Hold

Wyoming once again takes the top spot in Quality Counts' annual ranking of the states on school finance, while 22 states receive grades between C-minus and D-minus.




finance

News24 Business | MONEY CLINIC | How can I take better control of my finances?

In the spirit of Women’s Month in August, Tamryn Lamb, head of retail distribution at Allan Gray, shares a few lessons she has learnt over the years to help other women to take control of their finances.




finance

News24 Business | MONEY CLINIC | How do interest rate hikes affect my finances?

Kondi Nkosi, country head at Schroders in South Africa, discusses interest rates and the role it plays personal finance and the greater economy.




finance

News24 Business | EXPLAINER | What to do when someone can no longer manage their finances

An illness, accident or aging can take away a person’s ability to manage their own affairs.




finance

Ask an expert: Harris 2024? Here’s what election and campaign finance laws say

Penn State researchers explain what election and campaign finance laws say about Kamala Harris becoming the presumed presidential nominee on the Democratic ticket.




finance

Curran McCready named to Penn State Smeal Finance Advisory Board

Penn State Smeal College of Business alumnus Curran McCready was recently appointed to the college’s Finance Advisory Board.




finance

Malaysia's Former Finance Minister Daim Zainuddin Dies At 86

Former Malaysian Finance Minister Daim Zainuddin, who pleaded not guilty to charges of failing to disclose assets earlier this year, died early on Wednesday, his lawyer said.




finance

Council on Development Finance Approves Eight Site Readiness Fund Projects Totaling $6.2 million

NEW CASTLE, DE (March 28, 2022) – The Council on Development Finance (CDF) on Monday approved eight Site Readiness Fund project applications totaling $6.2 million. The projects are located throughout the state with three each in New Castle County and Kent County and two in Sussex County. Established through Senate Bill 127, the Site Readiness […]




finance

1551 Business, Finance, or Marketing Education Teacher

DEPARTMENT OF EDUCATION: Professional Standards Board




finance

Finance minister seeks to keep Serbia in FDI spotlight

Serbia’s minister of finance, Siniša Mali, explains why the country is one of Europe's economic stars, and how its FDI levels have risen on the back of this.




finance

Santander’s Ana Botin on the challenges of sustainable finance

Santander head on the tightrope banks must walk in providing finance to support green transition, without shunning coal-reliant poorer nations.




finance

Nigerian Govt to commence payment of pension backlog – Finance Minister Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog. Edun gave this assurance on Tuesday in Abuja during a peaceful rally by the Nigeria Union of Pensioners Contributory Pension Scheme Sector, NUPCPS, at the Federal Ministry of […]

Nigerian Govt to commence payment of pension backlog – Finance Minister Edun




finance

Climate finance: What you need to know ahead of COP29

Developing countries will need trillions of dollars in the years ahead to deal with climate change -- but exactly how much is needed, and who is going to pay for it?




finance

Navigating financial struggles in South Africa: a call for personal finance education




finance

Africa: Climate Change Finance, Natural Capital Accounting By African Countries, Top African Development Bank Group's Agenda At Cop 29

[African Development Bank (AfDB)] The world's largest annual climate conference opens in Baku, Azerbaijan, on Monday, with African nations ramping up efforts to tackle climate change. At COP29, the African Development Bank aims to mobilize additional resources for climate action in Africa and launch a bold new approach to assessing African economies by including their "green wealth."




finance

Finance Ministry eyes 2025 GDP growth of 3.5%, plans more stimulus

Thailand is targeting economic growth of 3.5% in 2025 after 2.7% growth seen this year, and the government will soon consider more stimulus measures and the rollout of phase two of its US$14 billion handout scheme, the finance minister said on Wednesday.




finance

Scientific Research Can Play a Key Role in Unlocking Climate Finance



Climate finance will come under intense scrutiny during COP29, and its distribution aligned with scientific analysis of the impacts of climate change, but the methodology ignores the inequality in research networks of the Global South.




finance

COP16 Delivers on Indigenous Peoples, Digital Sequencing, But Fails on Finance

The curtains fell on the 16th Conference of the Parties of UN Biodiversity (COP16) on Sunday without any formal closing. In a voice message, David Ainsworth, the Communications Director of the UNCBD, confirmed that the COP was suspended due to a lack of quorum in the plenary and would be resumed sometime later. However, before […]




finance

UNEP: Nations Must Step Up Adaptation—Starting with Bold Finance Action at COP 29

The United Nations Environment Programme’s (UNEP) 2024 Adaptation Gap Report has warned that adaptation actions are not keeping pace with the surging demands of a warming planet. Released ahead of the COP29 climate conference in Baku, Azerbaijan, the report—titled Come Hell and High Water—projected a bleak future where vulnerable communities bear the brunt of climate-induced hardships.  […]




finance

Q&A: Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP)

The Innovative Finance Facility for Climate in Asia and the Pacific, or IF-CAP, is a multi-donor financing partnership facility with the goal of scaling-up finance for accelerated action against climate change in Asia and the Pacific.




finance

Innovative Finance Facility for Climate in Asia and the Pacific Kick-Off Event - Masatsugu Asakawa

Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the Innovative Finance Facility for Climate in Asia and the Pacific Kick-Off Event, 12 November 2024




finance

Asian Development Blog: Three Ways Capital Markets Can Accelerate Climate Finance in Asia and the Pacific

Asia and the Pacific is central to global climate change efforts, but robust capital markets are needed to mobilize private climate finance. Sustainable finance frameworks, transition finance, and carbon markets can build deeper markets that empower climate action.




finance

Using ICT in Capacity Building for Poverty Reduction in Asia: Lessons Learned from the Microfinance Training of Trainers Course

Research on ICT and capacity building for poverty reduction, focusing on lessons learned from a distant learning course in microfinance.



  • Publications/Papers and Briefs

finance

Finance and Development: Financing Township and Village Enterprises in the People's Republic of China

This paper examines the role of finance in development in the light of the experience of Township and Village Enterprises in the People's Republic of China.



  • Publications/Papers and Briefs

finance

Blue Finance Development in Shandong Province, People’s Republic of China

This brief shows how mainstreaming blue finance hinges on developing a solid regulatory framework that drives investment toward bankable marine-based projects and analyzes how to expand the sector in the People’s Republic of China (PRC).




finance

Innovative Finance Approaches for Addressing River Basin Pollution: Combating Aquatic Biodiversity Loss in Southeast Asia

This report outlines the cascading environmental, social, and economic impacts of aquatic biodiversity loss in Southeast Asia and recommends ways to develop scalable projects that tackle river pollution and support sustainable development.




finance

What the new tax year means for your finances - from income to ISAs



Benefit increases, new investment opportunities, and several tax changes are due to come into effect in April.




finance

Motorists who bought cars on finance could share in billions

The car finance industry is setting aside billions to pay for potential claims after a test case.




finance

223755: Finance minister on Pakistan's budget woes, Tokyo pledges, and U.S. assistance

In a September 3 meeting with the Ambassador, Finance Minister Shaukat Tarin said the GOP had included $2 billion in Tokyo Pledges in its budget but was grappling with a shortfall in actual donor assistance.




finance

233602: Finance minister Tarin on budgets, CSF dollar fund, and Pakistan's improving economic outlook

Tarin requested that an additional $500 million of U.S. assistance flow through the GOP - in addition to the $174 million already committed - to bolster GOP credibility and allow the GOP to more adequately support its priorities.




finance

242073: Action request for senior level engagement on terrorism finance

Cutting off the flow of funds to terrorist organizations and achieving stability in Af/Pak are top U.S. priorities.








finance

Pakistan's Wasil Foundation Wins Islamic Microfinance Challenge - Islamic Microfinance Challenge

Watch this video highlighting Wasil Foundation's work.




finance

Kerry Washington Joins The Allstate Foundation to Spotlight Finances As A "Weapon of Choice" Used by Domestic Violence Abusers - Kerry Washington PSA

Kerry Washington PSA





finance

Finance Ministry Highlights Digital Innovations in RRBs, Urges Expansion of Customer-Centric Services

Focus of the meeting was business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry...





finance

'As the breadwinner, you hold all the leverage': Husband refuses to spend $2,000 on wedding gift for wife's friend, wife tallies up his recreational finances

It seems that both parties are at fault here. On the one hand, you have the Redditor, who is the breadwinner of the family. He recently brought home a bonus of $3,000, a bonus that his wife wanted to be mostly used to pay for a wedding gift for her friend. Now, this friend frequently extends financial generosity to the Redditor's wife when they socialize together. It makes logical sense that the wife would want to pay her friend back for all the meals and financial assistance her friend provided to her over the years during difficult times. However, spending $2K out of your husband's $3K bonus on a necklace does not seem like the kind of idea her husband would be happy with. Naturally, this started a heated argument between the two spouses.

This conflict led to the wife tallying up all her husband's expenses on recreational activities, such as hobbies or the two cars he owns. Clearly, he is not the most generous spouse either, especially since his wife still needs help with her personal finances from her friend. Keep scrolling below to see what people had to say to this guy in the comments section. For more, check out this post about a 40-year-old who was passed over for a promotion in favor of a younger coworker.




finance

Is there a £22bn ‘black hole’ in the UK’s public finances?

Economists say the state of public finances should not have come as a complete surprise to the new government.