Friday 23 November 2018

Arunma Oteh, Treasurer of the World Bank, speaks about the importance of Sustainability from BNP Paribas' offices.


Arunma Oteh, Treasurer of the World Bank explains that we are at an inflection point when it comes to sustainability and sustainable financing, referencing the UN Sustainable Development Goals in 2015 and the 2015 Paris Agreement. She goes on to explain that nearly 30% of the World Bank's financing will be focused on Climate Initiatives going forward and that by 2020 their goal is to fund power projects delivering over 30GW, essentially powering over 150mn homes.


Arunma also talks about the importance of Gender Equality in driving Sustainable Finance, referencing some of the World Bank's actions in the area including a recent 1bn CAD bond focused on Womens' Empowerment and a recent World Bank research report which concluded that the world economy would be over USD 160tn better off if women earned the same as men.


Rate this article :
0
1
0
 
 

Give us your feedback

Please validate CAPTCHA.

RELATED ARTICLES
renewable-energy-good-for-the-environment-and-good-economics

It's a tough road ahead for the oil industry as the rise of electric vehicles makes solar and wind better long-term investments, according to latest BNP Paribas report.

a-new-model-for-financing-public-housing-
The lower the unemployment among residents, the lower the loan costs: UK housing association L&Q spearheads...
The lower the unemployment among residents, the lower the loan costs: UK housing association L&Q spearheads a new way to...
optivo-s-sustainability-linked-loan-helps-get-people-back-into-work
UK Housing Association Optivo's sustainability-linked loan shows how a tailor-made financial solution...
UK Housing Association Optivo's sustainability-linked loan shows how a tailor-made financial solution can help unemployed...
easy-as-one-two-three-how-finance-can-help-kids
The interest Peabody pays on its sustainability-linked loan depends on achieving childcare qualification...
The interest Peabody pays on its sustainability-linked loan depends on achieving childcare qualification training targets...
sustainability-linked-loans-giving-firms-incentives-to-improve
Large international companies are quickly learning the benefits of connecting their sustainability performance...
Large international companies are quickly learning the benefits of connecting their sustainability performance to their financing...
close
{POPUP_CONTENT}