Maximpact Blog

Green Climate Fund Seeks Financial Stability

Andorra

On a stretch of land along the Incheon city waterfront reclaimed from the Yellow Sea, lies the brand new Songdo International Business District. But Songdo is more than just a business district, it’s a smart city built from scratch just 30 kilometers southwest of South Korea’s capital city, Seoul.

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Global Investors for Sustainable Development

Global Investors for Sustainable Development

Thirty influential corporate leaders have agreed to cooperate over the next two years in an effort to free up trillions of dollars from the private sector to finance the Sustainable Development Goals, the United Nations announced Wednesday.

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Women and Men Give Differently

Graphic showing the different ways of charitable giving by women and by men created by The Women’s Philanthropy Institute, 2019. Posted for media use.

When planning campaigns, wise fundraisers take into account the real differences in the ways in which women and men give to charitable organizations. “From motivations to causes to behavior, women and men demonstrate different giving patterns,” finds new research from the Women’s Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy.

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Catalytic Capital Consortium Meets SDG Funding Gap

HuggingTree

The John D. and Catherine T. MacArthur Foundation today launched the Catalytic Capital Consortium, allocating US$150 million to address financing gaps in impact investing, targeted to funds and intermediaries not suitable for conventional investment.

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New Standard Strengthens Impact Financing

SouthAfrica

The nonprofit organization Verra, which developed and manages the well-used Verified Carbon Standard for greenhouse gas emissions, has started something new – the Sustainable Development Verified Impact Standard, or SD VISta.

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World Economic Forum Envisions a New World Order

Swedish student climate activist Greta Thunberg told the World Economic Forum, "I want you to act as if our house is on fire. Because it is." January 22, 2019, Davos, Switzerland (Photo courtesy World Economic Forum) Posted for media use.

Even before the World Economic Forum started at Davos on January 22, the scene was set for environmental issues to suck up most of the energy at the conference. The annual Global Risks Report 2019 declared that humanity was “sleepwalking its way to catastrophe”…

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UN, 28 Banks Draft Global Impact Standards

Satya Tripathi, UN assistant secretary-general, UN Environment, speaking at COP21, the 21st session of the Conference of the Parties to the UN Framework Convention on Climate Change, UNFCCC COP21; where the Paris Agreement on climate was finalized unanimously by world leaders. Paris, France December 7, 2015., Photo courtesy Earth Negotiations Bulletin) Used with permission

“The global banking industry is stepping up to the sustainability challenge,” said Satya Tripathi of India, UN assistant secretary-general, UN Environment. “I’m optimistic we’ll see a realignment of business practice – one that embraces the fact that green and socially responsible business is the best business.”

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Tax Havens Enable Illegal Logging, Fishing

IUUFish

Tax havens such as Singapore, Panama and the Cayman Islands provide financial secrecy for industries that are associated with environmentally destructive activities on a global scale, new research demonstrates.

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Energy Intense Digital Currencies Can Disrupt Climate

bitcoincloseup

Bitcoin, just one of the many digital currencies, currently consumes enough electricity to power Denmark. Failure to lower the use of energy by Bitcoin and similar Blockchain designs may prevent nations from reaching their climate change obligations under the Paris Agreement…

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EU Extends Multi-Billion Euro Support to Migrants

SomaliWoman

While the United States attempts to limit migration through punitive action at its southern border, the European Union is taking the opposite approach to the flood of migrants from Africa and neighboring countries seeking sanctuary.

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Nations Pledge Billions to Protect Planet

GEFIishiNakao

This is “a critical moment for the future of our planet and its people,” Naoko Ishii, CEO and chair of the Global Environment Facility, told the opening session of the GEF Council Sunday in Da Nang. The GEF is a major impact investor in environmental programs worldwide.

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