Trying to avoid buying DRC cobalt makes little sense in purely financial terms. The DRC’s predominant role in global supply means that buyers will need to pay a premium to avoid it entirely. There is no green world without DRC cobalt
Africa urgently needs a new international finance centre, according to a survey of African decision-makers by Rwanda Finance, the agency mandated to develop the KIFC, and Africa Legal
This is a trend that Swiss FinTech company ALLINDEX is looking to capitalise on. They are aiming to “democratise customised investments” – allowing individual investors to build customized indexes in a self-service fashion in order to reflect their own ambitions and beliefs.
The development of electric vehicles can almost be read as a case-study in the success of the Chinese economy since the late seventies: an example of the long-term economic planning, and shrewd government investment, that has allowed the private sector to flourish – albeit under the iron fist of the state.
This week Moody’s Investors Service has published new data showing that G20 financial institutions have nearly $22 trillion of exposure to carbon-intensive sectors.
What is needed, then, is a genuine green finance revolution. Investing in green debt, for example, would have a much greater long-term impact than directing capital to the same conventional companies who are simply claiming to have strengthened their dedication to ESG.
Economic stagnancy has also reduced the ability (or desire) of companies to invest in green alternatives. Japanese companies have long been wary of investing and prefer to sit on piles of cash, reducing both innovation and the amount of investment that is pumped into green transformation.
Today’s news by Amundi shows a strong result so far in 2021. Some of the takeaways of the financial statements for the second quarter of 2021 were summarized by their CEO, Valérie Baudson, who spoke about their Medium-Long-Term (MLT) Assets amongst other things:
In May 2020 one of Russia’s worst ecological disasters occurred when a fuel tank owned by a subsidiary of Norilsk Nickel ruptured, dumping more than 20,000 tons of diesel oil into the Ambarnaya river in the Russian Arctic.
This is the Bankers for Net Zero initiative, set up by All Party Parliamentary Group (APPG) on Fair Business Banking and transformation-focused business advisory firms Volans and Re:Pattern. In particular, they aim to demonstrate how banks and capital can be leveraged to help finance the path to a net-zero future.
Attempts by the London Bullion Market Association (LBMA) to get to grips with responsible gold sourcing will founder unless it can get to grips with east African supply chains used to move conflict gold in the Democratic Republic of Congo (DRC) to Dubai.
Despite the unpromising medium-term outlook, Ghana should be able to raise the money provided it can meet the conditions set by Environmental, Social and Governance (ESG) investors, Bohlund says.
The $1.5 trillion goal builds on Bank of America’s longstanding work with clients to provide lending, capital raising, advisory and investment services, as well as develop financial solutions and drive innovation, to spur transformative change.
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