Remove 2013 Remove Banking Remove Global Economy
article thumbnail

Russia SWIFT Ban Still Being Finalised; China Urges Dialogue

Chris Hall

Seven Russian banks will likely be cut off from SWIFT; Japan will freeze Russia’s yen reserves; Korea will suspend transactions with seven Russian banks and their subsidiaries. The US and its allies announced a decision on 25 February to shut some of Russian banks out of the SWIFT financial messaging system.

Banking 98
article thumbnail

AllianceBernstein: Nurturing Nature - Why Investors Should Care About Biodiversity

3BL Media

Natural capital provides the building blocks that enable ecosystem services—the positive benefits that societies and economies derive from nature—to sustain life and create wealth. That’s why biodiversity loss alone could cost the global economy trillions of dollars in the coming years, in addition to trillions more related to climate change.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reimagining Business Ownership in the Global South

Stanford Social Innovation

Research suggests that the growth and success of KTDA over the decades has provided a strong boost to rural economic and social development in Kenya, complementing the role played by more inclusive banks (such as Equity Bank).

Banking 70
article thumbnail

COP27: A Breakthrough for People and Planet

3BL Media

In the midst of a weakened global economy and the war in Europe continuing to place strain on geopolitical relations, speculation as to whether COP27 could deliver measurable outcomes was a global concern.

article thumbnail

Connecting the Blue Economy to the Arctic and Antarctic Oceans

3BL Media

As we observe the United Nations’ World Oceans Day 2024, we pay special attention to polar waters, their global roles and transformations, emerging opportunities they present, and our connection to them as businesspeople. At the same time, the regions have uncovered important prospects for the global economy.

Shipping 130
article thumbnail

Harnessing the Potential of Remittances

Stanford Social Innovation

By Zainab Raji In a globalized economy, remittances are a pivotal financial flow for developing economies. The project’s success lay in a transparent, shared ledger system, simplifying the verification of international transactions and eliminating typical delays caused by multiple banking intermediaries.

Banking 54
article thumbnail

Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

In this context, several countries and companies have taken up the challenge, and currently, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. Notice that compliance and voluntary carbon markets have interlinked movements, as seen in the 2013 drop in both voluntary and compliance credits.