“The water crisis is sneaking up on humanity unawares. People turn on the tap and assume clean, safe water will always flow. But the reality is that supplies are already critical for 4.2 billion people – over half the world’s population…”
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Nineteen global banks and investors, worth a total of US$6.6 trillion in assets, have agreed on a set of standards for financing sustainable development framed as the first-ever Principles for Positive Impact Finance.
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Habitat III, the United Nations Conference on Housing and Sustainable Urban Development, has wrapped up in Quito, Ecuador, as delegations adopted the New Urban Agenda, a new framework that details how cities should be planned and managed to best achieve sustainability.
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The world’s top bankers are getting comfortable with what World Bank Vice President and Special Climate Envoy Rachel Kyte calls “a new generation of policy innovations that aim to ensure the financial system serves the needs of inclusive, environmentally-sustainable, economic development.”
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The largest public pension fund in the United States, the California Public Employees’ Retirement System (CalPERS) has joined the UN Environment Programme (UNEP) in calling for a new culture of sustainable investing.
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The backbone of Asia’s economies is SMEs, but these companies need better access to finance to grow and generate new jobs for the region
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