The digital revolution is profoundly transforming the world of finance and forcing financial service providers to adapt. In this interview, Graham Wright, Executive Director of Microsave, discusses the challenges and risks of this necessary transition for...
The number of forcibly displaced people worldwide has hit a record high of 70.8 million in 2018, as showed by the data recently released by UNHCR’s annual Global Trends report. Within this group, the number of refugees in the world — defined as people displaced...
Faced with climate change that is already underway, Nicaragua, especially in its rural areas, is having to adapt rapidly. Local temperature rises, for example, are disrupting low-level coffee production and having a direct impact on coffee farmers’ incomes. In this...
Before climate change even reached top-priority level on the global agenda, microfinance institutions have started to take local action against natural disasters.As the 3rd highest risk area in the world, with more than 60% of its land area exposed to multiple hazards...
The challenge of climate changeNew data on climate change continues to emerge, and it is seldom good. CO2 levels are at historic highs. Arctic ice continues to shrink. Climate-related natural disasters such as hurricanes and drought increase in both frequency and...
The booming digitalisation in developing countries, especially on the African continent, is one of the main factors behind the increase in financial inclusion witnessed in the past ten years. In Sub-Saharan Africa for example, 42.6% of the adult population had an...