[…] Yet the Congressional Budget Office recently warned that America’s debt will hit 102 per cent of gross domestic product this year — even before new infrastructure spending or Biden’s $1.9tn Covid relief package. And corporate lobbying groups are expressing horror at the idea of raising taxes to fund infrastructure spending. The question for Congress […]
New York, NY (March, 25, 2021) — Today, the Ford Foundation announced its commitment of $15 million in seed funding to help launch the Black Feminist Fund, a new philanthropic fund developed and led by a core group of Black feminists who sit at the nexus of feminist organizing, advocacy, and philanthropy globally. Ford’s initial investment […]
Bill Barber saw an ad on Facebook last year for American Diesel Training Centers, a school in Ohio that prepares people for careers as diesel mechanics. It came with an unusual pitch: He would pay for the schooling only if it landed him a job, thanks to a nonprofit called Social Finance. American Diesel Training is […]
On 1 April 2021, the SDG Impact initiative published the final version of its SDG Impact Standards for Bond Issuers, part of a body of work intended to improve use of the UN Sustainable Development Goals (SDGs) across private equity, bond issues and enterprises, including to combat perceptions of “rainbow washing” or “impact washing.” Key takeaways […]
Morgan Stanley (NYSE: MS) today announced an updated commitment to mobilize $750 billion to support low-carbon solutions by 2030, following its initial commitment of $250 billion announced in 2018, representing a three-fold increase. The commitment builds on Morgan Stanley’s leadership position as the first large U.S. bank to commit to net-zero financed emissions by 2050 in […]
NEW YORK–(BUSINESS WIRE)–Morgan Stanley’s Institute for Sustainable Investing and Kellogg School of Management at Northwestern University today announced that the BeeBank & Brokerage team was named the winner of the 2021 Kellogg-Morgan Stanley Sustainable Investing Challenge. The team was one of 16 finalist teams competing in the virtual Challenge on Friday, April 9. The 16 finalists […]
BID Invest, la institución del sector privado del Grupo BID, emitió un bono social de género de 2.500 millones de pesos mexicanos (equivalente a aproximadamente US$122 millones) con un plazo de tres años en México. Esta es la mayor emisión de bonos de BID Invest en México hasta la fecha y ha sido listada en […]
Uruguay cuenta actualmente con “condiciones propicias que señalan una ventana de oportunidad” para poder consolidar el desarrollo de inversiones de impacto, “no como un nicho sino como pieza clave de un cambio en la manera de producir, en el modelo de desarrollo país buscado y en la resolución de problemáticas sociales y ambientales con una mirada […]
Are women more risk-averse than men? Some studies have shown that women in finance take fewer risks when picking stocks, investing in venture capital, and making acquisitions. But why? And is this the whole picture? A simplistic explanation is that in primitive societies men were forced to compete for status and power whereas women were […]
El Fondo Conjunto de las Naciones Unidas para los Objetivos de Desarrollo Sostenible (ODS) anunció este lunes una inversión total de US$ 41 millones para cuatro países. Fiji, Indonesia, Malawi y Uruguay fueron los seleccionados entre las 155 propuestas de más de 100 países de todo el mundo. Los equipos de país de la ONU, […]