Imagine being without a bank account, having no means of carrying out formal financial transactions, storing money, sending and receiving payments. That is the case for roughly 40 percent of the world’s working-age adults, about two billion people.
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Now that President Donald Trump has announced that he will exit the Paris Agreement on climate, the world’s major emerging economies, including China and India, are replacing the United States at the center stage of the clean energy transition.
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Gone are the days when the only financial education a child would receive was a piggy bank with a coin or two tucked through the slot. Now young people, even street kids, can have access to e-banking thanks to an award-winning social entrepreneur from India.
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The green bond market reported a worldwide milestone in August when aggregate green bond issuance topped US$150 billion for the first time since the World Bank issued the inaugural green bond in 2008.
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A new global focus on renewable energy to avert climate change got a burst of financial power in June as the World Bank Group signed an agreement with the International Solar Alliance – 121 countries led by India – to mobilize US$1 trillion in investments by 2030.
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Luxury electric automaker Tesla unveiled its latest model at a March 31 event, and demand was so strong for the $35,000 Tesla Model 3 that within the week 325,000 would-be customers purchased preorders at US$1,000 each.
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Climate change-ready rice seeds of several varieties have reached millions of farmers in Asia and Africa under a forward-looking program known as Stress-Tolerant Rice for Africa and South Asia, or STRASA.
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All the countries that top the greenhouse gas emissions list are among those cooperating on a long-term energy project that some say is also a long shot – nuclear fusion.
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The nonprofit Environmental Law Alliance Worldwide (ELAW) is the go-to organization for 300+ lawyers in more than 70 countries who act as environmental defenders. Sunny Lewis gives us an insight to some of their most important work to date around the world.
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A protest by the environmental justice organization Basel Action Network over an obsolete ship owned by Matson, Inc. being sent to a shipbreaker in India, prompted the shipping company to stop scrapping its vessels on the beaches of India, Bangladesh and Pakistan.
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