-
Transition Finance Consensus Mapping
In this document, the Climate Bonds Initiative, in consultation with IIGCC, SMI and funded by Climate Arc, has mapped the degree of alignment of 13 corporate transition frameworks and highlighted areas where further work and alignment is needed. Theinitiative is part of a broader effort to assist asset managers and asset owners in analysing their…
-
Ex-BlackRock sustainability head: ESG’s ‘biggest sin’ is …
The former head of fundamental research at BlackRock Sustainable Investing is calling for a rethink of green finance, describing the current theory of change as “an illusion”.Carole Crozat, who resigned in 2022 after three years in the role, told IPE that “the most important thing sustainable finance needs to work on is clarifying the objectives of the…
-
Astra secures interim financing deal
WASHINGTON — Launch vehicle and spacecraft propulsion company Astra Space said Nov. 6 that it has secured interim financing from two investors that gives the company through the end of next week to find additional funding. In a statement issued after the close of trading, Astra said that JMCM Holdings LLC and Sherpa Venture Funds…
-
China lent $1.34 trln in 2000-2021, focus shifts from Belt and Road to rescue finance-report
JOHANNESBURG/HONG KONG, Nov 6 (Reuters) – Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending.While lending commitments peaked at almost $136 billion in 2016, China still committed to almost $80…
-
China Is Lending Billions to Countries in Financial Trouble
Instead of lending money for highways and bridges, China has shifted to providing emergency rescues for previous borrowers.After lending $1.3 trillion to developing countries, mainly for big-ticket infrastructure projects, China has shifted its focus to bailing out many of those same countries from piles of debt.The initial loans were mostly part of the Belt and…
-
Ecuador’s incoming president picks new finance chief
GUAYAQUIL, Ecuador, Nov 6 (Reuters) – Ecuadorean President-elect Daniel Noboa selected Sariha Moya to be his new economy and finance minister on Monday, as the new government prepares to take office next month after the center-right leader won a close election victory in October.Noboa, 35, has pledged to rebuild the South American country’s ailing economy,…
-
Aspen finance director projects ‘softening’ in sales tax through end of year
Aspen Finance Director Pete Strecker addresses City Council for a financial quarterly update during Monday’s scheduled work session.Jonson Kuhn/The Aspen Times Aspen Finance Director Pete Strecker provided Aspen City Council with a presentation on the city’s financial quarterly update on Monday during a regularly scheduled work session. With regard to Aspen’s sales tax in particular,…
-
‘Million Bazillion’ brings finance education game show to Trexler Middle School
Trexler Middle School students took part in a game show to expose students to financial literacyThe “Who Wants to be a Bazillionare” presentation took concepts from the American Public Media podcast “Million Bazillion”The event was part of a 60-stop tour throughout the United StatesALLENTOWN, Pa. — A finance-filled game show popped up in Trexler Middle…
-
Podcast: beyond the numbers of the adaptation finance gap
This is particularly crucial considering the Glasgow Climate Pact’s objective to double adaptation finance by 2025, which would entail increasing adaptation finance to approximately USD 40 billion annually. There is an urgent need to scale up adaptation finance and fulfil the commitment made in Glasgow. Bridging the gap involves more than just meeting the target…
-
Ashley McKay named IUS vice chancelor for administration, finance
#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } Ashley McKay has been named Vice Chancellor for Administration and Finance at Indiana University Southeast. McKay has held the position of acting/interim vice chancellor of administration and finance at Indiana University Southeast since October 2022.“Ashley is a progressive administrator…
