Risk analysis for common ground on climate loss and damage

The Paris Agreement included groundbreaking text on the need for a mechanism to help identify risks beyond adaptation and support the victims of climate-related loss and damage—but how exactly it will work remains unclear. ...

The downside -- and surprising upside - of microcredit

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and ...

The importance of higher purpose, culture in banking

In a recent article published in the Journal of Applied Corporate Finance, Anjan Thakor, the John E. Simon Professor of Finance at Olin Business School at Washington University in St. Louis, explains how having a strong culture ...

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