Maximpact Blog

Transforming Africa

Sub-Saharan Africa

Following a meeting with G20 finance ministers and central bank governors on Sunday in Baden Baden, World Bank Group President Jim Yong Kim announced a record US$57 billion in financing for Sub-Saharan African countries over the next three years.

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US$100 Billion to Finance Climate Triage

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Finance is always a hot issue at UN climate talks, and this year’s 22nd Conference of the Parties to the UN Framework Convention on Climate Change will focus even more intently on financing – this time to support the first global greenhouse gas limitation pact.

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Green Bond Market Shoots Up

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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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India, World Bank Empower Sunshine Nations

INDIA, WORLD BANK EMPOWER SUNSHINE NATIONS1

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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Smallholder Diaries Open Doors to Financial Services

Smallholder Diaries Open Doors to Financial Services

Smallholder households, cultivating less than five acres, have financial needs that have been ignored until now, yet without this information, it’s tough for financial service providers to supply smallholders with services, such as mobile money.

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2050 Climate Adaptation Costs: $500B a Year

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By 2050, the cost of adapting to climate change in developing countries could balloon to $500 billion a year, five times greater than previous estimates, warns a new report from the United Nations Environment Programme.

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Carbon Pricing Gathers Momentum

Carbon Pricing Gathers Momentum

“There is a growing sense of inevitability about putting a price on carbon pollution,” said World Bank Group President Jim Yong Kim on the eve of the April 22 signing ceremony at UN Headquarters of the Paris Climate Agreement.

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Jordan’s Refugees Must Drink

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Jordan, one of the world’s driest countries, is dumping much of its water into the sand – allowing 76 billion liters a year to flow from broken pipes, according to an assessment by the nonprofit aid organization Mercy Corps.

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‘Planet 50-50 by 2030’ Means Gender Equality

Planet 50-50 by 2030 Means Gender Equality

– “Women and girls are critical to finding sustainable solutions to the challenges of poverty, inequality and the recovery of the communities hardest hit by conflicts, disasters and displacements,” said Phumzile Mlambo-Ngcuka in her message for International Women’s Day.

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Impact Investing in the Justice Entrepreneurs

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Once the only way for impact investors to support justice was indirectly, through careful ESG investment screening coupled with impact metrics to assess outcomes. Now thanks to the emergence of bold new approaches to delivering justice, impact investors have the opportunity to put capital behind businesses bringing cost-effective justice solutions to citizens and governments alike.

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DATA FOR IMPACT

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Data is a hot topic in the worlds of government, business and philanthropy. As information technologies mature, the increased availability of data, coupled with advances in analysis, mean that many sectors are reaping the long-promised rewards — and feeling the pressure of a new age of data immersion.

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