How Big Finance Can Scale Up Sustainability
Opinions

How Big Finance Can Scale Up Sustainability

J. David Stewart and Henry P. Huntington, EAGLE RIVER, ALASKA – Addressing the ever-worsening climate crisis will require the largest sustained movement of capital in history. At least $100 trillion must be invested over the next 20-30 years to shift to a low-carbon economy, and $3-4 trillion of additional annual investment is needed to achieve the Sustainable Development Goals […]

Don't Bet on a Soft Landing
Opinions

Don’t Bet on a Soft Landing

Nouriel Roubini, NEW YORK – In 2021, the big debate about the outlook for the global economy focused on whether the rising inflation in the United States and other advanced economies was transitory or persistent. Key central banks and most Wall Street researchers were on “Team Transitory.” They attributed the problem to base effects and […]

AfDB to Avert Looming Food Crisis
Africa Social

AfDB to Avert Looming Food Crisis

Abidjan 23 May 2022 – The African Development Bank Group’s Board of Directors has approved a $1.5 billion Emergency Food Production Facility to help tackle the global food crisis sparked by the Russian-Ukraine conflict. The funds will help 20 million African farmers produce an extra 38 million metric tons of food to address growing fears […]

Ethiopia’s Financial Markets Receive Boost
Africa Investment

Ethiopia’s Financial Markets Receive Boost

Addis Ababa, May 23, 2022: Ethiopia’s financial markets have been boosted by a series of announcements and commitments by Financial Sector Deepening (FSD) Africa, a specialist development agency working to strengthen financial markets across sub-Saharan Africa. Launch of FSD Ethiopia and partnerships with Ethiopia Investments Holding enhances efforts to deliver beneficial development and financial outcomes […]