Cities are significant contributors to climate change, with 70% of global CO2 emissions coming from urban areas. Climate finance can help tackle this crisis.
According to Oxfam International, rich countries will continue to miss the longstanding pledge to give US$100 billion a year for the next four years.
Residents in 9 major Chinese cities have access to an E-CNY wallet, such as Shenzhen, Beijing and Shanghai, with the country acceleratuong toward a more digitized economy.
The 1% SDG Club advocates for just 1% of global private sector capital to be put towards investments that will directly promote the UN's SDGs.
In the West African country, 94% of its 1.5 million high school students pay their tuition via mobile money.
Open data for finance, where financial data is shared digitally among financial institutions with limited effort or manipulation, is a powerful development tool that can benefit consumers...
Digital inclusion bonds can have a pivotal impact on building a more prosperous and equitable world.
Blended finance enables both the private and public sectors to benefit from investing in adaptation and allows for better risk management.
The expected significant rise in the frequency, duration, and intensity of extreme weather events could affect both advanced and developing economies.
The US Senate has passed the $1 trillion Infrastructure Investment and Jobs Act, promising vital investment in areas from roads, broadband access and drinking water.
The new US infrastructure bill not only would have needed domestic changes; it also could inspire development finance focused on infrastructure in Africa.
Impact investing and philanthropic capital can and should work together to channel financial resources into building a more resilient post-Covid world.
Infrastructure projects in emerging and frontier markets are seldom financially viable on their own – which is where 'patient capital' comes in.
The World Bank's Mindanao Trust Fund-Reconstruction and Development Project delivers support to some of the poorest areas of Mindanao, in the Philippines.
Sustainable finance is the practice of taking environmental, social, and governance (ESG) considerations into account when making investment decisions.