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REPOST: The climate finance architecture the world needs

Apparently, the world will have to transition to clean and resilient infrastructure to protect communities from the worst impacts of climate change. To do so, however, sufficient funding is needed. Read this GreenBiz article to know more:

 

Which kinds of funds should a country use for its climate investments?

 

The climate finance architecture — the system of specialized, public funds that help countries implement climate mitigation and adaptation projects and programs — is crucial if the world is to overcome the climate change challenge. These funds play a valuable role in everything from deploying renewable energy to helping smallholder farmers cope with drought to restoring degraded forests, and often mobilize even larger volumes of funding from the private sector and other sources.

Yet the climate finance architecture has become too complex. Over the past 25 years, dozens of national, regional and international climate funds have been created. Each new fund responded to needs and gaps that existed at the time, but this has led to a rather complicated system:

Complexity creates two problems. First, contributor countries have a harder time deciding where to put their money for maximum impact, because some funds do similar things. Meanwhile, prospective recipients in developing countries must spend scarce time and effort learning how to navigate this system to access financing. Overlapping roles and inefficiencies among funds mean the current climate finance architecture isn’t fully meeting countries’ needs.

The Paris Agreement on climate change, signed by 193 countries last year, calls for a major realignment of all financial flows towards low-emission and climate-resilient investments. Now is the time to strengthen the public financing architecture to deliver this outcome.

Continue reading HERE.


Super-cities: Skyscrapers of the future

The last two decades were perhaps history’s most ambitious period for architecture. Multi-billion development projects across the globe fuel massive construction booms, pushing design boundaries as well as boosting local or national economies. While the financial crisis of 2008 seemed to have discouraged many developers, building mega-projects—such as skyscrapers—did not stop companies from making history. In Dubai alone, dozens of innovative and groundbreaking structures rose above empty deserts like mushrooms and forever changed the emirate’s cityscape. In the next couple of years, several more revolutionary skyscrapers will hit news headlines. Some of them are as follows:

 

Jeddah Tower

When completed by the end of the decade, this Saudi super-structure will be the tallest skyscraper in the world. It will be more one kilometer tall and will be the centerpiece of a US$20 billion proposed development known as Jeddah Economic City. The project was designed by multi-awarded American architect Adrian Smith, who is also the genius behind the world’s current tallest building, the Burj Khalifa. Aesthetically, the structure will resemble desert plant shooting upwards, symbolizing Saudi Arabia’s growth and future.

 

Image source: stuff.co.nz

 

KL118

Consisting of 400,000 square meters (4,300,000 square feet) of residential and commercial space, KL118 will overtake the iconic Petronas Towers as Malaysia’s tallest structure when it opens in 2019. It is currently being constructed within the vicinity of a number of historic landmarks with little modern development.

 

Image source: skyrisecities.com

 

Hydropolis

An aquatic city found right next to a cosmopolitan desert boomtown, this mega-project will be a magnificent underwater hotel that will once again put Dubai on the map. When completed, the hotel will cover an area of 260 hectares, which is roughly the size of Hyde Park in London. The central structure of the Hydropolis is the Lemniscate, a symbol of wisdom. A unique aspect of the underwater building is that it will comprise of different structures that represent various parts of the human body.

 

Image source: charismaticplanet.com

 

Baoneng Shenyang Global Financial Center

Currently under construction in Shenyang, Liaoning, China, this supertall skyscraper is notable for its design emphasis on both simplicity and iconicity. It has conical extrusions at its base, resembling canopies or nomadic tent entrances common during the Qing Dynasty. At the top is a “pearl” that would symbolize the Chinese wisdom, luxury, and purity. Located on a high seismic zone, the tower was designed to withstand strong ground shaking.

 

Image source: allday.com

 

These structures are highly impressive in their own right and will go down in historic as architectural marvels. However, regardless of how ambitious a building plan looks, its economic, cultural, and environmental value must be of the greatest importance.  Man’s ingenuity must always be used for the greater good.


How To Invest With Minimal Risk

When it comes to investing, there is no such thing as “no risk involved.” If anyone offers you to invest on something with that kind of deal, I can already tell you not to go with it because that sounds too good to be true. And you know what they say when it’s too good to be true? There is a huge possibility that you are going be scammed.

 

Now that you know about this, it is important to know that risk will always be a part of it. The trick is how you could minimize them and still enjoy the growth of your money in the end. Experts will tell wall streetyou that it is all about lowering or spreading the risk, so you won’t end up losing money completely.

 

I don’t want to scare you with this venture, but the wrong strategy and pretty much a wrong decision could make you go bankrupt. This is why it is crucial to do a lot of researches first and ask tons of tips from financial experts before diving into the world of investing.

 

Believe it or not, risk could be calculated. Everybody in Wall Street is pretty much trained to do it on a daily basis. As an investor, it is your job to figure this out because this is your money you are about to place on the line here. Hire someone to manage the lowering of the risk for you if you must.

One of the tricks to finding out, which investment would give you minimal risk before shedding your money in is viewing the history of the stock or the company. Like does it have any records of completely going broke in the past and how does it cope with fluctuation, just among the things to research on. If of course it is something that has failed in the past, then you will have to think about your retirement money going to waste.

 

Basically, what I’m trying to say here is that the stock market could be a pretty risky place to start an investment. Go for something that you could get results fast like a small business. Think of something that people would buy easily and can’t live without. A good example would be food or a small clothing line. These are necessities, so people would buy them (given the fact that your products are of great quality) whether they like it or not.

 

Now, if you really are adamant about putting your money in the market, you just have to know how long could a stock possibly recover. Knowing this would lessen the risk of your investing. Mixing stocks and bonds is also way to minimize your risk in this industry. The more money you invest in more than one boat, there is a huge chance that you won’t get broke in the future from all the assets you have put out. Follow these tips I have for you today, and you’re on your way to a good investment deal.