Tags: impact investing, Inter-American Development Bank, mendoza college of business, Ten Years Hence In the sixth installment of the Ten Years Hence speaker series, Jozef Henriquez, Notre Dame alumnus and head of syndications at the Inter-American Development Bank (IDB), gave a lecture on impact investing Friday in the Jordan Auditorium of the Mendoza College of Business.“More people are talking about impact investing, and there is one thing they agree on, which is the role of development institutions in development banking,” Henriquez said.Impact investing is an approach unrestricted by investor or asset class that aims to create both financial returns and positive environmental and social impact, Henriquez said.“You do need [the right] intention to make it impact investing,” Henriquez said. “In the traditional case, it’s profit driven. In our case, the intention is to make an impact.”In contrast with philanthropic giving, impact investing also requires a financial return on the money being invested, he said.“It’s in this area where impact investments differs from philanthropy. Here we need the money back,” Henriquez said. “What I like about impact investing is that it starts creating a market-based model to solve some of these global issues.”Since impact investing is highly-results based, it is important to develop analytic methods to predict the success of the social benefits, he said.“With the emergence of impact investing, anyone who puts money in these kinds of projects want to see results,” Henriquez said. “We’ve had to show our results to shareholders for a long time.”“When we look at a transaction, being able to show the social or environmental results of that project is just as important as showing that it is a strong project.”Henriquez said the IDB has developed its own “Development Effectiveness Model” to predict the success of potential projects.“We look at development indicators, and we run these through a matrix to come up with the objectives of the project … and the outcomes that we’re looking to get.”The increasing popularity of impact investing reflects several societal trends, such as a new focus on promoting social good in corporations, Henriquez said.“Companies have woken up to what their role is in society … It’s not just about profits; it’s about your role in society and what your contribution to that is,” he said.The rise of a middle class with greater disposable income also provides opportunities for growth in the impact investing sector, Henriquez said.“Companies need to find a way how to channel the resources to the bottom the pyramid,” he said.The IDB, a multilateral development organization consisting of 48 member countries, works with 26 recipient states in Latin America, Henriquez said.“In the structured corporate finance department, we look for companies that are looking to contribute to the socioeconomic development of the Latin American-Caribbean region and companies that look for ways to mitigate the effects of climate change,” Henriquez said.In particular, the IDB focuses its efforts on supporting environmental investments and developing small businesses in the region, he said.“By 2015, we want to have enough projects that will improve the lives of 20 million people,” he said. “We want to support 12 billion dollars in climate friendly investments. And we want to support 700,000 Micro Small and Medium Enterprises.”
FacebookTwitterLinkedInEmailPrint分享Bloomberg News:Global wind and solar developers took 40 years to install their first trillion watts of power generation capacity, and the next trillion may be finished within the next five years.That’s the conclusion of research by Bloomberg New Energy Finance, which estimated the industry reached the 1-terrawatt milestone sometime in the first half of the year. That’s almost as much generation capacity as the entire U.S. power fleet, although renewables work less often than traditional coal and nuclear plants and therefore yield less electricity over time.The findings illustrate the scale of the green energy boom, which has drawn $2.3 trillion of investment to deploy wind and solar farms at the scale operating today. BNEF estimates that the falling costs of those technologies mean the next terrawatt of capacity will cost about half as much – $1.23 trillion – and arrive sometime in 2023.“Wind and solar are winning the battle for cost-supremacy, so this milestone will be just the first of many,” said Albert Cheung, BlNEF’s head of analysis in London. The world had a total of about 6.2 terrawatts of installed capacity in 2016, about 1 terrawatt of that being coal plants in China, according to the research group. Like all milestones, reaching 1 terrawatt is an arbitrary mark that scratches the surface of the debate about how much renewables will contribute to the world’s energy system.Each power plant works at a different “capacity factor,’’ a measure capturing both the efficiency of the facility in generating electricty and how often it works. On average, wind farms have a capacity factor of about 34 percent worldwide, meaning they work about a third of the time, according to BloombergNEF. Some of the best sites have factors above 60 percent. For solar photovoltaics that track the sun, those readings range from 10 percent in the U.K. to 19 percent in the U.S. and 24 percent in Chile’s Atacama desert. By comparison, coal plants have a 40 percent capacity factor and nuclear sometimes double that.Even so, the terrawatt of installed capacity for renewables marks substantial growth for an industry that barely existed at the start of the century. More than 90 percent of all that capacity was installed in the past 10 years, reflecting incentives that Germany pioneered in the early 2000s that made payouts for green power transparent for investors and bankers alike.Asian nations absorbed 44 percent of the new wind and 58 percent of solar developments to date, with China account for about a third of all those installations.Wind made up 54 percent of the first terrawatt but solar is expected to overtake wind in early 2020. China has led the world in installing solar power over the last five years holding 34 percent of global solar capacity and it’ll continue to be the world’s largest market for both power sources, reaching 1.1 terrawatts in the country by 2050.“As we get into the second and third terrawatts, energy storage is going to become much more important,’” Cheung said. “That’s where we see a lot of investment and innovation right now.”More: Green Energy Producers Just Installed Their First Trillion Watts Global trillion-watt milestone for renewables seen as ‘the first of many’
FacebookTwitterLinkedInEmailPrint分享Mining Weekly:South Korea’s state-owned power utility Kepco will either cancel its investment in coal-driven South African independent power producer Thabametsi, or transition the project to gas.A statement issued on Friday by Seoul-based nongovernmental organisation Solutions for Our Climate said Kepco announced on Thursday night it would no longer invest in overseas coal projects, a move which would also impact the Sual 2 venture in the Philippines.The move comes 10 days after Kepco approved the acquisition of a stake in the controversial Vung Ang 2 coal power project in Vietnam.Friday’s Solutions for Our Climate statement said Kepco chief executive officer Kim Jong-gap stated in an annual governmental audit hearing by the Korean national assembly that the utility planned to cancel or convert to liquefied natural gas, two remaining overseas coal power projects in its pipeline, namely Sual 2 and the 630 MW Thabametsi plant.Environmentalists in South Africa have been working for several years to discourage the development of new coal-fired power stations, which they say would have a high pollution impact, be economically costly and raise greenhouse gas emissions.In a victory for the environmental groups, a landmark decision by South Africa’s Water Tribunal in August confirmed that water licensing authorities must consider the impacts of climate change when deciding whether or not to grant water use licences to coal-fired power stations.More: Kepco cancels investment in South African coal energy plant Kepco reported to be backing away from 630MW coal project in South Africa
FacebookTwitterLinkedInEmailPrint分享ReNews.biz:Gore Street Energy Storage Fund has energised its 50MW Drumkee grid battery in Northern Ireland. Mullavilly, Gore Street’s second 50MW project in Northern Ireland, is expected to be energised in December.Both Drumkee and Mullavilly are expected to be commissioned and operational in the first quarter of 2021, bringing Gore Street’s operational portfolio to a total installed capacity of 210MW.The DS3 contracts available for these assets, which will provide returns for the projects, are expected to exceed the Company’s 10% unlevered target internal rate of return for portfolio assets.Gore Street has partnered with Low Carbon to jointly own and operate the projects.Gore Street Capital CEO Alex O’Cinneide said: “We are delighted to announce the energisation of Drumkee, the largest energy storage asset on the national electricity grid, an important milestone for local climate change goals. Both this asset and Mullavilly which remains anticipated to be energised in December, will benefit from highly attractive DS3 contracts and from a highly attractive return profile.”More: Gore Street energies 50MW Northern Ireland battery Gore Street energizes 50MW battery in Northern Ireland, a second is due in December
Craving a break from work? You’re not alone.By and large, Americans get significantly fewer vacation days than workers in other high-income countries. But the truly sad part is we fail to use the few vacation days that we do get.In fact, more than half of Americans took seven or fewer vacation days last year, according to a recent HuffPost/YouGov poll.Even worse, 32 percent of survey respondents said they took ZERO vacation days in the last year. That’s some saddening news.HuffPost conducted our poll of 1,000 U.S. adults last month, in order to confirm previous research about Americans’ problematic vacation habits. It’s worthwhile to note that some of the respondents who said they took zero vacation days also indicated they are retired or not currently working. Even when we remove them from the data set, nearly half of respondents say they took fewer than 7 days off in the past year. continue reading » 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
She says a lot of it came down to her students’ excitement, their passion for learning, and their commitment to coming to class every day. She adds it’s also important to maintain good communication with parents, especially in case she notices a student struggling. Slavetskas says there are many good apps teachers can download to help with an interactive yet remote classroom. Slavetskas shares some tips she learned on how to make a better year: maintain a routine for students and lead interactive classes. Slavetskas said she would begin her classes with a morning meeting where students can see and talk to one another to start their day socially. (WBNG) — Despite a challenging school year, Theodore Roosevelt third grade teacher, Jennifer Slavetskas, says the Fall semester has been rewarding. She says having a routine was also very important for her students and she would have “rainbow planners” to help maintain their class plans for the day. She says she is grateful for her students and she has seen them become more independent during this challenging semester.
September 16, 2016 Governor Wolf’s Week, September 11 – September 17, 2016 By: The Office of Governor Tom Wolf SHARE Email Facebook Twitter The Blog, Videos, Weekly Update This week, Governor Tom Wolf respectfully requested a Joint Session of the General Assembly at a time that is convenient for the House and Senate this fall. The purpose of this session would be to address the members of the House and Senate about our collective efforts to lead the nation in combatting the opioid and heroin crisis facing Pennsylvania. Substance use disorder affects people all across the commonwealth and that is why the search for effective solutions enjoys broad bi-partisan support. Together with the legislature, Governor Wolf will continue to fight to make sure Pennsylvanians have the resources we need to get our arms around this crisis.On Monday, Governor Tom Wolf joined Aramark to announce the company’s plan to maintain its world headquarters within the City of Philadelphia. The $15 billion global leader in food, facilities management and uniforms will relocate from its current location at 1101 Market Street to a fully-renovated nine-story building located at 2400 Market Street. The Wolf Administration worked cooperatively with Aramark leading up to this announcement. In other economic development news, Governor Wolf also visited the Reading Airport to announce $2.5 million in funding to support the redevelopment of a 155-acre industrial park located adjacent to the Reading Airport. When complete, the project is expected to create 500 to 600 new, full-time jobs.Wednesday, Governor Wolf visited Ferguson K-8 in York to welcome students back to school. Since day one, Governor Wolf has fought for more education funding and has made making investments in our schools and our children a top priority. Working with the legislature, he has secured historic increases – almost $640 million – in my first two years.This week, Pennsylvania was one of seven states to be selected to participate in a National Governors Association (NGA) learning lab designed to combat the opioid epidemic. Last year over 3,500 Pennsylvanians died from drug overdose – that is an astonishing 10 deaths a day and up from the more than 2,500 reported deaths in 2014. The NGA learning lab is entitled “State Strategies for Reducing Overdose and Deaths from Heroin and Illicit Fentanyl,” and will allow members of the Wolf Administration to study best practices from Rhode Island, a leader in devising innovative strategies to combat the opioid epidemic.Governor Wolf’s Week, September 11 – September 17, 2016Sunday, September 11, 2016Governor Wolf Statement on 15th Anniversary of September 11thMonday, September 12, 2016Pennsylvania Selected to Participate in National Governors Association Learning Lab on Combating the Opioid EpidemicGovernor Wolf Congratulates Aramark on Announcement of New Global Headquarters in PhiladelphiaWednesday, September 14, 2016Governor Wolf Continues Schools That Teach Tour to Discuss Historic Education Investment and New Fair Funding FormulaThursday, September 15, 2016Wolf Administration Issues Recommendations to Help People with Disabilities Find EmploymentHarrisburg to Receive $1.65 Million in Federal Funding for Sinkhole Mitigation ProjectGOTIME: PennDOT to Save More Than $28 Million with New Mobile Construction App Through Improved EfficiencyGovernor Wolf Announces 32 New Jobs with DevTech Manufacturing Facility in Northampton CountyWolf Administration Accepting Applications for “It’s On Us PA” Campus Sexual Assault Prevention GrantsGovernor Wolf Announces Over $1.1 Million in Funding to Support Modifications to Greensburg Bypass in Westmoreland CountyFriday, September 16, 2016Governor Wolf Announces $2.5 Million Grant for Redevelopment of Airport Industrial ParkGovernor Wolf Requests Joint Session to Address Opioid EpidemicHighlights from The BlogCelebrating Roads to Recovery in PittsburghWolf Administration Funding Major Economic Projects, Spurring Job GrowthDCED Brings the World to PA with Tour to Facilitate Businesses’ Export InterestsSend a Txt, Register 2 VoteEid Mubarak! Celebrating Islam’s Traditions at the Governor’s ResidenceWhy Governor Tom Wolf Called a Joint Session to Address the Opioid Epidemic Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf
A big heads up, because there is a new device coming to West Palm Beach that is expected to hold drivers accountable and reduce violations.It’s called the Barnacle, an immobilization device to expedite revenue collection.Rojay Morrison, who is a local parking enforcement representative, says they are specifically looking into expired meters, registrations, and handicap parking violations.He also said officials would begin driving into parking garages for a list of other non-moving violations including, expired tags, protruding vehicles, people taking up two spaces.The move comes as parking spaces have become limited in recent months due to the areas in the city that remain under construction, according to West Palm Beach Parking System Administrator Edward Davis.“We had to have an effective enforcement program to ensure that those who pay for their time on the meter adhere to that time and once that time is over with they need to go ahead and depart or either move to the garages, so we have spaces available on the street,” said Davis. “I think we had cases where there has been up to $600 to $700 worth of unpaid tickets by the time the boot had been applied.”Effective Nov. 6, the Barnacle will now be placed on vehicles within city limits that have three overdue violations.Parking enforcement says it’s faster and easier for them to apply and remove than a boot.There will also be a GPS tracker inside and an alarm that sounds if motorists try to tam with it or attempt to move the vehicle.The new system is expected to “help drivers adhere to the posted parking restrictions,” Davis added.
SUPER SENIORS: Florida A&M has benefited heavily from its seniors. Randolph, Rod Melton Jr., Evins Desir and DJ Jones have collectively accounted for 64 percent of the team’s scoring this year and 63 percent of all Rattlers points over the team’s last five games.CLAMPING DOWN: The Hornets have given up just 80 points per game across nine conference games, an improvement from the 88.5 per game they allowed to non-conference competition.JUMPING FOR JOHN: Crosby has connected on 38.5 percent of the 130 3-pointers he’s attempted and has made 6 of 14 over his last three games. He’s also made 75 percent of his free throws this season.YET TO WIN: The Rattlers are 0-8 when they score 60 points or fewer and 9-5 when they exceed 60 points. The Hornets are 0-19 when allowing 71 or more points and 3-1 when holding opponents below 71.THREAT BEHIND THE ARC: Florida A&M’s Melton has attempted 111 3-pointers and connected on 35.1 percent of them, and is 6 for 16 over his last three games.DID YOU KNOW: Delaware State is ranked seventh in all of Division I with an average of 75.9 possessions per game. ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.com February 13, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditFlorida A&M (9-13, 7-4) vs. Delaware State (3-20, 2-7)Memorial Hall, Dover, Delaware; Saturday, 2 p.m. ESTBOTTOM LINE: Two guards will be on display as MJ Randolph and Florida A&M will go up against John Crosby and Delaware State. The sophomore Randolph is averaging 12.4 points over the last five games. Crosby, a senior, has scored 29 percent of the team’s points this season and is averaging 15.2 over his last five games. Associated Press Randolph, FAMU visit Delaware St.
Steve O’Meara sensationally knocked out fellow West Londoner Ryan Toms in the first round of their light-middleweight showdown at Bethnal Green’s York Hall.The previously unbeaten Toms was floored by a two-punch combination and failed to beat the count, losing his southern-area title in dramatic fashion.O’Meara, who was shading the round after a couple of eye-catching flurries and a crisp left cross, is now in contention for a shot at the British title.AdChoices广告His record improves to 14-2 after the third stoppage victory of his career, while Toms must go back to the drawing board after a brutal end to an impressive run that had seen him win his first nine professional contests.O’Meara, who was born in Shepherd’s Bush and lives in West Drayton, had been expected to try to outbox Toms using his slick boxing skills.But when he landed with a straight right and a clubbing left hook it was clear Toms was badly shaken, and the count was completed before the Northolt southpaw unsteadily got to his feet.“Hopefully this win will be a stepping stone for me,” an overjoyed O’Meara told West London Sport.“I’m not surprised I stopped him but I am surprised it happened so quickly. I don’t think I’ve ever thrown a better punch.“I didn’t get the chance to show much of what I’ve been doing in the gym. Hopefully that’ll happen next time – I want to move on to bigger and better things now.”Follow West London Sport on Twitter