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The Underrated Modesty of Executive Pay at the World Bank

There are moments in time when the proverbial storm in a teacup serves to underscore a point. The World Bank Group is living one such moment. The bank is in the midst of a possibly painful restructuring process that is

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Deutsche Börse and Thai Exchange Join Sustainable Stock Exchanges Initiative

The Deutsche Börse is the latest of a growing number of stock exchanges that have joined the United Nations-supported Sustainable Stock Exchanges (SSE) Initiative aimed at encouraging listed companies to adhere to specific environmental, social, and corporate governance (ESG) guidelines.

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Mukhisa Kituyi, UNCTAD: Sustainable Stock Exchanges and the 21st Century Challenge for Global Finance

Faced with common global economic, social, and environmental challenges, the international community is in the process of defining a set of Sustainable Development Goals (SDGs). As part of the United Nations post-2015 agenda, the SDGs will play a crucial role

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Johannesburg Stock Exchange: Pioneering Sustainable Development

Shifting attention away from the next quarter’s results towards sustainability parameters indicative of long-term objectives, has been a challenge for stock exchanges the world over. Only recently has the concept of socially responsible investment (SRI) moved out of its niche

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Europe’s Original Sin and the Dangers of Doing Good

Carlos Rangel, the Venezuelan diplomat and essayist, once pointedly remarked that western nations often send their failed politicians – the dreamers, utopians, and other ineffectual romantics – to far-off places where they can do no harm other than to their

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Dr Rachid Yazami: A Battery-Powered Future

Dr Rachid Yazami almost single-handedly invented a global business now worth some $15bn annually. But, he’s not in it for the money. Rather, this Morocco-born scientist is motivated by the thrill of discovery. Dr Yazami has some seventy patents to

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World Bank Supports Increased Financing for Medium & Small Businesses in Nigeria

The World Bank’s Board of Executive Directors today approved a US$500 million International Bank for Reconstruction and Development (IBRD) credit to increase access to finance for medium and small scale enterprises (MSME) in agriculture, trade, light-manufacturing, and services. These will

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New Report Identifies Major Clean-Tech Market Opportunity for Small Businesses in Developing Countries

Small and medium-sized enterprises (SMEs) in developing countries can generate significant growth and create jobs by seizing a potential $1.6 trillion market opportunity in clean technology. Latin America and Africa are among the largest markets for SMEs in clean technology

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New UN Report Calls for Major Changes in Global Economic Governance, Management

Six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path, argues a new United Nations Conference on Trade and Development (UNCTAD) report released on September 10, 2014. 

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World Bank Group, FAO Aim to Boost Women’s Land Ownership in Central Europe

Women’s land ownership in the Western Balkans often involves a complex web of statutory, customary, and religious laws. World Bank and FAO teams worked with national partners to devise 11-month pilot work plans for their countries to boost female land

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