How national-level blended finance can catalyse the climate transition in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Varad Pande, Partner and Director, Climate & Sustainability, Boston Consulting Group (BCG), Dave Sivaprasad, Managing Director & Partner, Boston Consulting Group (BCG), Nurlin Salleh, Managing Director & Partner, Boston Consulting Group (BCG), Daniel Tan, Senior Associate , Boston […]

How to mobilise climate-smart agriculture finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Labanya Prakash Jena, Regional Climate Finance Adviser Indo-Pacific Region, The Commonwealth Secretariat, Prasad Thakur, Alumnus of IIT Bombay, IIM Ahmedabad Agriculture is a significant contributor to climate change, responsible for approximately 20% of global greenhouse gas (GHG) emissions and […]

How to finance the energy transition in Asia

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ayla Majid, Founder and Chief Executive Officer, Planetive The recent global energy dynamics have stimulated a rethink of the future of energy security and energy transition equations. There is greater recognition of building resilience, as different regions are required […]

Blended finance: How setting up a financial intermediary can accelerate sustainable development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Labanya Prakash Jena, Regional Climate Finance Adviser Indo-Pacific Region, The Commonwealth Secretariat, Riya Saxena, Senior Associate, RMI India With the world facing major challenges such as climate change, inequality and hunger, we need sustainable development now more than ever […]

Bridging the gap: rethinking business and finance in wildlife conservation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Hanlin Wang, Early Careers Programme, Nature Action Agenda, World Economic Forum, Xinqing Lu, Community Lead, Champions for Nature, World Economic Forum Today is the United Nations World Wildlife Day. This has been celebrated on 3rd March annually since 2013 […]

How to unlock climate finance for fragile states

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adrianna Hardaway, Senior Policy Advisor for Climate, Mercy Corps Where the climate crisis endangers lives and livelihoods – often of those who have contributed the least to global carbon emissions – resources are urgently needed to adapt to the […]

First half of 2023: Commission to issue up to €80 billion to finance economic recovery and support for Ukraine   

This article is brought to you in association with the European Commission. The European Commission has today announced that it intends to issue up to €80 billion of long-term EU-Bonds in the first half of 2023 under its unified funding approach. Under this approach, the Commission – on behalf of the EU – will henceforth issue […]

Why decentralized finance is a leapfrog technology for the 1.1 billion people who are unbanked

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Stone, Corporate Social Responsibility, eToro; co-founder, GoodDollar Protocol, eToro No technology better exemplifies the “leapfrog technology” phenomenon than the mobile phone, whose adoption allowed even the most underserved communities to entirely forego the need to implement traditional […]

How India can finance and scale digital innovations in agriculture

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Arindom Datta, Executive Director & Head, Rural and Development Banking/Advisory, Rabobank India, Abhay Pareek, Lead, Fourth Industrial Revolution for Agriculture, World Economic Forum, India India’s agriculture sector is expected to sustain income for 100 million smallholders while facing […]

What do sanctions mean for the future of decentralized finance?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alisa DiCaprio, Chief Economist, R3 Russia’s invasion of Ukraine has led to unprecedented financial sanctions from countries around the world. Decentralized finance has been heavily criticised for its role in potentially enabling Russia to undermine sanctions. Future regulation […]

Here’s how to mobilize finance for a just transition and net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nick Robins, Head, Grantham Institute, London School of Economics and Political Science The importance of a just transition to a sustainable economy is part of the 2015 Paris Agreement, for which finance is a major lever. The financing […]

What are nature-based solutions and how can we finance them?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Elizabeth Wathuti, Founder, Green Generation Initiative, Lindsey Prowse, Specialist, 1t.org North America, World Economic Forum Nature-based solutions are actions and policies that protect, manage and restore natural ecosystems, while addressing societal challenges. These solutions are recognized as an […]

How blended finance helped to keep energy supplies flowing during COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sarah Bieber, Head of Energy Partnerships, Acumen COVID-19 has put energy access at risk in many vulnerable communities. In moments o f crisis, using the right type of capital to address market failures is key. A blended finance […]

How personalizing sustainable investments can shape the future of finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Smiles Former Group Managing Director, UBS Wealth Management & Rodrigo Tavares Founder and President, Granito Group Despite retail investors being interested in sustainability issues, few are investing money with this in mind. Principal barriers to investment in […]

How decentralized finance will transform business financial services – especially for SMEs

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rebecca Liao, Co-Founder, SKUChain Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to see DeFi’s potential to overhaul the inflexibility […]

Mergers: Commission clears acquisition of Refinitiv by London Stock Exchange Group, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the acquisition of Refinitiv by the London Stock Exchange Group (‘LSEG’). The approval is conditional on full compliance with a commitments package offered by LSEG. Executive Vice-President Margrethe Vestager, in charge of competition policy, […]

Why exporters need to mind the trade finance gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marc Auboin, Counsellor, Economic Research, World Trade Organization (WTO) & Violeta Gonzalez, Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World Trade Organization Trade finance is one of the top three export obstacles for half […]

Traditional finance is failing millennials. Here’s how investing needs to change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Miles Pelham, Chairman and Founder, Diginex The traditional investment landscape, with its stocks, bonds and mutual funds offered by financial services stalwarts, does not align naturally with millennials. This generation grew up in the era of the financial crisis […]

European Semester 2019 Spring Package: Commission issues recommendations for Member States to advance sustainable and inclusive economic growth

This article is brought to you in association with the European Commission. The European economy is growing for the seventh consecutive year and is set to continue expanding in 2020, with all Member States’ economies growing despite less favourable conditions and global uncertainties. The number of people in employment is at a record high and unemployment […]

The world condemned by neo-liberals to feed trillions to banks: the New Deal exorcised

One after the other, all the major central banks of the world follow the regrettable example of the Fed and the ECB in reversing their efforts to contain the greed of the financial mammoths. The American central bank, the Fed, and the European Central Bank will continue feeding the giant financial conglomerates with $4.5 trillion […]

An economist explains what happens if there’s another financial crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University & Ross Chainey, Digital Media Specialist, World Economic Forum The financial crisis of 2008 may have started in the US banking sector but it […]

Data and the future of financial services

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kai Keller, Project Lead, Financial Stability, Innovation, and Economic Growth, World Economic Forum In September 2017, hackers breaching credit-reporting agency Equifax accessed the names, social security numbers, birth dates, addresses and, in some instances, driver’s license numbers of 143 […]

Infringements: Commission adapts its calculation methodology for financial sanctions

This article is brought to you in association with the European Commission. Today, the Commission set out how it will adapt its calculation method when proposing financial sanctions to the Court of Justice of the EU in infringement proceedings. Enforcement of EU law by the Commission will continue to be vigorous, balanced and fair to all […]

How the finance industry can save the world

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Jonathan Wichmann, Co-founder, Wichmann/Schmidt For millennia, the finance industry has been a primary culprit in global warming. Now it’s time for finance to right its wrongs and provide the solution. It’s easy to read about the current and […]

Banks can fight financial crime. But we can’t do it alone

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Erik Barnett Head of Financial Crime Threat Mitigation, Europe, HSBC A young woman walks into a bank branch in London. She is soon noticed by a teller, who sees that she is closely followed by a man, who […]

US-China trade war at point of no return: Washington’s demands go beyond tariffs

It seems the US-China trade conflict, if not full scale trade war, is entering the phase of no return. Nothing will be as before in the economic and otherwise relations between the two largest economies of the world. Washington appears ready to push its cause to the end, while Beijing still pretends not to understand […]

First-ever EU defence industry fund to finance joint development of capabilities

This article is brought to you in association with the European Parliament. For the first time, MEPs endorsed the setting up of a programme devoted to boosting innovation in European defence industry including cyber security on Tuesday. With a €500 million budget for 2019-2020, the new European Defence Industrial Development Programme (EDIDP) will help fund the […]

Germany readies to pay for the Brexit gap in EU finance

As expected, last Friday’s informal European Council of the 27 EU leaders didn’t produce any tangible result regarding its main agenda item; the future of Europe. The EU leaders just quarreled on who is to cover the hole in the budget, after Britain’s contribution ends with Brexit. In relation to this perennial question of money […]

‘Safe Eurobonds’: a new trick to betray the south euro area countries

All along the years after the 2008-2010 financial crisis, which in the European Union took the form banking/government debt breakdowns starting with Greece, there were cries for the creation of a solid Eurozone. In every respect, these calls amounted to demands that super prosperous Germany accepts some degree of risk-sharing with the rest of the […]

A Trumpist squad shook Davos and the world

Towards the end of last week, in Davos, a money devaluation war broke out. In the ‘magic’ Alpine mountains American Trumpist dignitaries did what was expected of them: they told the world they don’t give a damn about it…Trump himself, however, appeared a bit less Trumpist than his folk. Overall though, a US administration squad […]

Germany not famous for easy way outs from political stalemates

And now ‘Frau Bundeskanzlerin’ what? The truth is though whatever the future holds for the German political landscape, is no good. Chancellor Angela Merkel’s failure last weekend to form a government, with a viable parliamentary majority has irreparably stained the so far pristine scenery of the country’s politico-economic affairs. The unsuccessful attempts to convince liberal […]

Fed, ECB take positions to face the next global financial crisis; the Brits uncovered

The appointment of Jerome Powell as the next head of the US central bank, the famous Fed, is a reassurance to the financial world that the giant lenders will continue being favored by ample and very cheap money. Last Thursday, Donald Trump, the American President didn’t dare to change the cautious approach to monetary policy. […]

German political spillovers: ECB’s Draghi resists first attacks by AfD

Last Monday, Mario Draghi, President of the European Central Bank, speaking at the Economic Committee of the European Parliament had the opportunity to test the grounds and familiarize himself with the nature of political climate he may come across after the German elections. He had a heated exchange with the head of the AfD group […]

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