Finance

Noteworthy posts about financial announcements related to the World Resources Simulation Center

UK urged to prevent vulture funds preying on world's poorest countries

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Greg Palast, Maggie O'Kane and Chavala Madlena
Vultures eat the eggs of sea turtles. Photograph: Yuri Cortez/AFP/Getty Images
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Campaigners demand Jersey legal loophole be closed as financiers seek $100m from the DRC

Britain is being urged to help close down a legal loophole that lets financiers known as "vulture funds" use courts in Jersey to claim hundreds of millions of pounds from the world's poorest countries.

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Green growth

Author: 

Schumpeter
Green growth
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THE enrichment of previously poor countries is the most inspiring development of our time. It is also worrying. The environment is already under strain. What will happen when the global population rises from 7 billion today to 9.3 billion in 2050, as demographers expect, and a growing proportion of these people can afford goods that were once reserved for the elite? Can the planet support so much economic activity?

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Urgent Investment In Renewables Needed

Urgent Investment In Renewables Needed
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PARIS -- A fundamental change is needed in power generation, with a greater and more urgent investment required in renewables used in all industries, including the metals sector, an executive at the International Energy Agency said Thursday.

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Pathways to Sustainabaility WBCSD

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Vision 2050:  The new agenda for business

Under the WBCSD's Vsion 2050 Project, twenty-nice WBCDSD member companies developed a vision of a world well on the way to sustainablility by 2050 and the pathways leading to that world.

This mural is a basis for visualizing the possible pathways.  The mural is meant to provide a tool for strategic planning, prioritizing, and monitoring progeress to help countires, businesses, NGOs , international organization and individuals assess the degree to which we are on track to accomplishing the vision.

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Europe’s financial contagion

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Greece sneezed, and now most of Europe has a cold. The European debt crisis has already spread like a virus from Greece to Ireland and Portugal, and other countries are now at risk: Spain, and Italy are probable candidates for financial problems.

Contagion also has much to do with actual economic links among countries. Researchers have identified financial ties in particular as responsible for the “fast and furious” spread of crisis from one country to another. Trading activity between countries, however, can propagate economic sickness more slowly.

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The Real Successes of Foreign Aid

Author: 

BILL GATES
The Real Successes of Foreign Aid
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Landov

CHILDREN LINE UP for hot dogs and orange juice at a project run by Save the Children in Parys, South Africa. Virtually everywhere, infant mortality is down and life expectancy is up.

Stepping into the public square to announce that foreign aid is important and effective can be lonely work. As someone who has attempted to make that case over the past decade, I can assure you that the world is often eager to hear just the opposite.

But aid money can and does work. It improves people's lives and makes the world a better and safer place.

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World wastes 1 billion tons of food a year

Author: 

Ben Rooney
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NEW YORK (CNNMoney) -- The United Nations said Wednesday that about 1.3 billion tons of food is lost or wasted every year, which amounts to roughly one third of all the food produced for human consumption.

The UN's Food and Agriculture Organization commissioned a report on food loss and waste as rising prices and diminished production worldwide have contributed to an increase in food insecurity.

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