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Inflation, Used Cars, Silicon Chips and Supply-Demand: Links in a Worrying Chain
Chips — no, not the potato or chocolate kind, the electronic ones – are a driving force behind a spike in inflation. Whether it’s cars or computers, we depend on silicon chips — and a global shortage is having some
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World Bank: Sustained Global Solidarity Needed to Achieve Global COVID-19 Recovery
The pandemic has affected virtually everyone in the world, but its impacts have been hardest on the poor and vulnerable, deepening inequalities and exacerbating underlying challenges. Now more than ever, global solidarity is needed to address the widening gaps between
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Ferdinand Grapperhaus, Jr: Putting a Brave (and Smart) Face on the World’s New Constructions
The building industry is one of the main contributors of greenhouse gas emissions. According to a 2019 report from the World Green Building Council, the energy used to heat, cool and light buildings accounts for 28 percent of global carbon
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Why Even the Most Profit Centered Businesses Should Care About ESG Issues
Investors and corporations that do not have an explicit mandate to manage social or environmental issues still have an implicit interest in such issues The strongest way to manage risk is to consider the broadest number of issues material to
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Uzbekistan on the Path to Becoming Carbon-Neutral
In the race to become carbon-neutral, it is useful to look at where the race began. In Uzbekistan, a nation rich in natural gas, it began with nearly all energy requirements — 96.75 percent in 2019 — being met by
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The Road to Decarbonisation
The transition to zero emissions will involve three simultaneous economic processes: change in the relative prices of goods and services, with prices starting to reflect the intensity of emissions of carbon; labour relocation; and asset value scrapping. The socioeconomic return
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Spain NAB: ‘Impact-Washing…? It’s a Thing, and to be Avoided at All Costs
The Spanish impact investment market is catching the eye of mainstream financiers — with increasing frequency. With that attention comes the risk of “impact-washing”, which — according to the GIIN’s latest annual survey — ranks as the main challenge for
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KPMG Lower Gulf: Banking on ESG Risks in Future
ESG risks have the potential of negatively impacting banks’ assets, earning capacity, and sometimes their reputation, argues Abbas Basrai. Environmental, social and governance (ESG) factors and the emerging risks associated with them are becoming increasingly relevant to organizations, especially banks.
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Deloitte: Constructing a Sustainable Future in the Middle East
Towards the end of 2019, at the United Nations Climate Change (COP25) conference, the UN Secretary-General António Guterres warned that a “point of no-return” on climate change is “in sight and hurtling toward us.” Against this warning, the World Economic
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World Bank on Sustainable Recovery: The Need for Long-Term Financing
The COVID-19 pandemic is affecting every country’s health system and economy to a degree not seen for a century or more. In developing countries, mounting an adequate response to address these simultaneous shocks has created fiscal challenges, especially for those
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