“This is where I belong now”: Niger tries a new refugee model as Nigerians flee bandit attacks

In the wake of Hurricane Sandy, necessity has bred an interesting kind of financial invention for the New York MTA: the world’s first “catastrophe” bond - a reinsurance for the insurer - designed to protect public transportation infrastructure, specifically against storm surge. These bonds privatize risk for public gain, creating a kind of tool that may protect economic development against all kinds of natural and man-made disasters around the world.

An increasingly popular way to attract foreign direct investment is to let the world’s wealthiest trade cash and property investments for citizenship. The $2 billion-a-year industry allows the ultra-rich to buy passports that permit visa-free travel to nearly the entire world, often with no residency requirements. Highly controversial, the industry is marked by a lack of transparency and concerns about what happens to civic ties when citizenship can be bought and sold.

A solar workgroup in Virginia is inviting developers to present information on the best ways to build solar and battery storage projects for the region; a new approach they are taking after previous failures in getting solar projects off the ground. Despite a lack of funding and local developers in the area, solar advocates are hopeful that the passage of a new energy law in the Commonwealth could be an economic incentive for commercial-scale solar projects.

Este reportaje cuenta y explica la solución energética de Ticino, un pueblo de la provincia argentina de Córdoba. Quemando biomasa (cáscara de maní), la manicera de la localidad, que es también la empresa más grande del lugar, genera energía eléctrica que vende al Estado para abastecer al pueblo y a zonas vecinas. Esta solución beneficia a cientos de familias y permitió que durante el gran apagón nacional de 2019, Ticino continuara con luz.

Viele Baustoffe sind derzeit Mangelware, die Preise sind hoch und die Herstellung schadet oft dem Klima. Eine neue Plattform katalogisiert deshalb gebrauchte Baumaterialien: von Stühlen und Schränken bis zu Fenstern und Dämmwolle. Schon jetzt hat sie 20.000 Tonnen Material vermittelt.

Grants for women living in refugee camps have helped recipients start businesses and learn new skills, allowing them to improve their quality of life. Additionally, the women created an informal cooperative and take turns investing a percentage of proceeds from each successful business into another member’s business.

Catholic Charities helps immigrants and refugees access housing and transition to life in a new country. Housing is the first step in the resettlement process, but Catholic Charities also helps immigrants find jobs, get their children in school and integrate into the community. In 2007, Fort Wayne welcomed 3,500 Burmese refugees. By 2016 the number had grown to more than 6,000 and counting.

The nonprofit GiveDirectly provides refugees with cash to help them sustain themselves, focusing on those living in cities, as they’re less likely to receive the same assistance as humanitarian camps do. Nearly 1,200 people were given $925 to spend however they wanted — some opening bank accounts, others starting businesses — and reported they were able to nearly double their monthly income and after six months, 88% of recipients were earning more money than ever before.

Alfanar is a venture philanthropy organization that helps fund social enterprise businesses in the Middle East. The group offers grants and zero-interest loans. It has helped more than 185 social enterprises and has provided over £6 million in funding.

Chez La Reliure du Limousin, entreprise de reliure et de restauration de documents anciens, les financements publics soutiennent un programme d’apprentissage qui allie formation technique et cours théoriques. L’entreprise accueille 10 apprentis par an et a jusqu’à présent embauché une douzaine pour des postes permanents.