This document provides information on various sources of funding for local authorities in Ireland and how that funding is allocated and used. It summarizes expenditure on homeless services, ghost estates, local and regional road maintenance, and staffing levels across several county councils. Dublin City Council spends the most on homeless services per capita and has the lowest population to staff ratio, while Kildare County Council spends less than other authorities on roads and has a higher population to staff ratio.
Remittances: Lessons Learned and Private Sector OpportunitiesRobert
This document discusses remittances and opportunities for the private sector. It notes challenges sending remittances to rural areas and recommendations from Tunis to increase competition, empower actors, and regulate effectively. It introduces the Financing Facility for Remittances, a $18 million multi-donor fund housed at IFAD that manages 40 projects globally. The FFR aims to lower costs, improve rural access, and bank the unbanked. It announces a 2010 call for proposals up to $250,000 to maximize remittances' development impact.
This report recommends enhancing the Streets to Homes service to better address the needs of people who are street involved, including those who panhandle legally. The proposed enhanced outreach program would build on the success of previous initiatives using a housing first approach. It would provide increased support through street outreach workers to help connect people to housing, services, employment, and address individual needs in order to reduce panhandling. The report outlines the results of a previous pilot project that consulted with businesses and provided outreach to people who were housed but panhandling, identifying key demographic information and needs of those involved.
Local Government Efficiency Group, John O' Connor Autumn Seminar 2010ExSite
This document summarizes a report on local government efficiency in Ireland. It finds that while Irish local governments have taken steps toward innovation and shared services, their funding base remains limited compared to other countries. The report recommends further reductions in staffing and pursuit of procurement efficiencies and revenue generation. However, criticisms note that staff reductions were not well justified and that maintaining essential services requires a critical staff level. Overall, the report provides a starting point for discussion on efficiency but more work is needed regarding local governments' democratic role and how to support development across all counties.
20161215 A New Dawn for Municipal Financing Instruments (long) - LexologyMarkus Krebsz
The document discusses sources of financing available to local authorities in the UK for infrastructure projects. It notes that the recent Autumn Statement provided additional funding through a National Productivity Investment Fund that local authorities can access. While local authorities traditionally borrow through the Public Works Loan Board, some have also accessed private markets through bonds and loans. The article outlines various statutory protections that provide comfort to private lenders, such as requirements for balanced budgets and provisions preventing default.
Urban finance for local groups for the Sustainable Development Goals (SDGs)IIED
David Satterthwaite, Senior fellow at IIED introduced the urban finance for local groups session at the Money where it matters (MWIM) event.
The presentation was made at the event-Money where it matters, held in London from 7-8 December 2016.
The purpose of the Money Where It Matters event was to reflect on our insights and explore further how financing mechanisms can more effectively channel resources to the local level and identify opportunities to increase flows of finance to the local level in new contexts for development assistance and national investment. It also agreed on outstanding questions that require further research on finance for and with local actors to achieve the effective use and management of funds to deliver climate resilient sustainable development.
More details: https://www.iied.org/promoting-local-access-development-climate-finance
This document provides information on various sources of funding for local authorities in Ireland and how that funding is allocated and used. It summarizes expenditure on homeless services, ghost estates, local and regional road maintenance, and staffing levels across several county councils. Dublin City Council spends the most on homeless services per capita and has the lowest population to staff ratio, while Kildare County Council spends less than other authorities on roads and has a higher population to staff ratio.
Remittances: Lessons Learned and Private Sector OpportunitiesRobert
This document discusses remittances and opportunities for the private sector. It notes challenges sending remittances to rural areas and recommendations from Tunis to increase competition, empower actors, and regulate effectively. It introduces the Financing Facility for Remittances, a $18 million multi-donor fund housed at IFAD that manages 40 projects globally. The FFR aims to lower costs, improve rural access, and bank the unbanked. It announces a 2010 call for proposals up to $250,000 to maximize remittances' development impact.
This report recommends enhancing the Streets to Homes service to better address the needs of people who are street involved, including those who panhandle legally. The proposed enhanced outreach program would build on the success of previous initiatives using a housing first approach. It would provide increased support through street outreach workers to help connect people to housing, services, employment, and address individual needs in order to reduce panhandling. The report outlines the results of a previous pilot project that consulted with businesses and provided outreach to people who were housed but panhandling, identifying key demographic information and needs of those involved.
Local Government Efficiency Group, John O' Connor Autumn Seminar 2010ExSite
This document summarizes a report on local government efficiency in Ireland. It finds that while Irish local governments have taken steps toward innovation and shared services, their funding base remains limited compared to other countries. The report recommends further reductions in staffing and pursuit of procurement efficiencies and revenue generation. However, criticisms note that staff reductions were not well justified and that maintaining essential services requires a critical staff level. Overall, the report provides a starting point for discussion on efficiency but more work is needed regarding local governments' democratic role and how to support development across all counties.
20161215 A New Dawn for Municipal Financing Instruments (long) - LexologyMarkus Krebsz
The document discusses sources of financing available to local authorities in the UK for infrastructure projects. It notes that the recent Autumn Statement provided additional funding through a National Productivity Investment Fund that local authorities can access. While local authorities traditionally borrow through the Public Works Loan Board, some have also accessed private markets through bonds and loans. The article outlines various statutory protections that provide comfort to private lenders, such as requirements for balanced budgets and provisions preventing default.
Urban finance for local groups for the Sustainable Development Goals (SDGs)IIED
David Satterthwaite, Senior fellow at IIED introduced the urban finance for local groups session at the Money where it matters (MWIM) event.
The presentation was made at the event-Money where it matters, held in London from 7-8 December 2016.
The purpose of the Money Where It Matters event was to reflect on our insights and explore further how financing mechanisms can more effectively channel resources to the local level and identify opportunities to increase flows of finance to the local level in new contexts for development assistance and national investment. It also agreed on outstanding questions that require further research on finance for and with local actors to achieve the effective use and management of funds to deliver climate resilient sustainable development.
More details: https://www.iied.org/promoting-local-access-development-climate-finance
20160128 Kamiya. Municipal Finance and the New Urban AgendaMarco Kamiya
1) Municipal finance systems in many developing countries have unclear rules, inefficient expenditure assignments, small revenue generation, and poor financial management.
2) UN-HABITAT aims to help by developing financial management tools, training municipalities on finance and urban planning, enhancing legal frameworks, and advising governments.
3) The document discusses four key issues facing municipal finance - expenditures and infrastructure costs, unclear rules and capacities, limited revenues, and challenges with city extensions - and UN-HABITAT's role in addressing each.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a goliath financial requirement. The target audience of this presentation are inter alia urban development and finance professionals, city managers and general public.
Addressing poverty with community developement bonds sola bickerstethSola Bickersteth
Poverty in our society can be substantially reduced by 1. creating Financial Inclusion Centers ( FIC) in local communities 2. Deploying professionally competent Financially Services Agents to operate the FIC 3. Building a bio-metric database and on boarding of the residents , properties and resources in the community 4. Conducting a community development stakeholder needs assessment 5. Negotiate tax breaks with the Local/state government 6. Issue a Community Development Bond on the local stock exchange 7. Implement a digital repayment system by all on boarded community stakeholders
Financing the 2030 SDGs with Community Development Bonds sola bickerstethSola Bickersteth
Community Development ( CD ) Bonds are proposed to raise finance directly from local citizens through the capital market and to be invested in major infrastructure projects especially those aligned to achieving the SDGs..
The proposed CID Bonds provides for a mechanism for sharing public sector risk with private sector reward as well as a sustainable model for financing community development.
This article sets out the basic framework for issuing Community Development ( CD) Bonds and provides answers to the various components of a successful implementation in Nigeria
FINAL SUBMISSION FINANCE FOR DEVELOPMENT PROJECTKilford Munyukwi
This document proposes promoting mobile cash transfers in Southern Africa to address issues around disaster relief in unbanked agricultural communities. It suggests that cash transfers through mobile networks could curb value loss, improve portability, and reduce fraudulent activities compared to physical cash transfers. The document argues that mobile cash transfers could benefit governments by developing rural infrastructure and reducing costs, benefit aid organizations by facilitating grants and attracting private investment, and benefit the private sector by tapping into emerging markets with good returns. It concludes that enabling private infrastructure investment could create economic opportunities in rural communities and improve disaster relief.
The Extractive Sector Transparency Measures Act (ESTMA) requires oil, gas and mining companies in Canada to annually disclose any payments over $100,000 made to all levels of government. Reporting must include payments in categories such as taxes, royalties, and fees. While reporting of payments to Indigenous governments in Canada was initially deferred to 2017 to address Indigenous issues, companies must still report payments to governments in other countries.
Dynamics of the Housing Sector in Ireland Tommy Gavin
Presented by Rory Hearne,Senior Policy Analyst at Think-tank for Action on Social Change, at the Housing Emergency Conference at Liberty Hall on October 3rd, hosted by Housing Action Now.
Bo Zhao, senior economist at the New England Public Policy Center of the Federal Reserve Bank of Boston, looks at the capacity of Connecticut's 169 cities and towns to pay the cost of public services.
Township ballot educational presentation final 1.30.12cityofevanston
The document provides information about an advisory referendum on the March 20, 2012 general election ballot in Evanston Township regarding the possible dissolution of the township. It outlines the township's services, budget, and background on why dissolution was considered. It explains that an advisory referendum allows residents to express their views but has no legal effect. It also discusses possibilities for continuing services if the township dissolved, such as the city providing assistance instead of the township.
This document discusses maximizing the developmental impact of remittances through private sector services. It defines key terms like remittances and diaspora investments. It highlights the challenges in Sub-Saharan Africa of low formal remittance inflows and limited diaspora private sector investments. Actions are proposed at the origin country, host country, and multilateral institution levels, as well as engaging diaspora communities and the private sector. The DiasporaLink Initiative is presented as an example that provides remittance and investment services while partnering with diaspora groups, financial institutions, and multilateral organizations.
1) Remittances to Africa total over $60 billion annually, accounting for over 5% of GDP in 12 countries, though transfer costs are among the highest in the world.
2) IFAD aims to promote financial inclusion in rural areas, create conditions for productive investment of remittances, and strengthen rural remittance markets.
3) IFAD's operational approach includes research, expanding payment networks, supporting innovative payment mechanisms, promoting financial services linked to remittances, and public-private partnerships to boost investment and trade.
Accelerating finance for robust and sustainable agricultural markets systemsJoseph Kimotho CCP(K)
This project aims to facilitate private sector investment in Kenya's agricultural sector through two main approaches: 1) Developing agricultural markets and value chains to increase demand for agricultural products, and 2) Increasing smallholder farmer access to inputs, technologies, and financing to boost production. A $150 million project will be implemented using a challenge fund to provide matching grants and de-risk private investment in agricultural enterprises, markets, and infrastructure. The project aims to leverage the $120 million in funding to mobilize an additional $1.2 billion from private investors, impact funds, credit access, and government sources over 7 years to transform Kenya's economy by financing robust and sustainable agricultural markets.
The Universal Postal Union (UPU) is an intergovernmental organization that works to promote global postal cooperation. It has projects to expand financial inclusion through postal networks. The UPU-IFAD project connects over 300 rural post offices in 6 West African countries to offer affordable international remittances. This helps reduce costs and brings critical services to underserved rural communities, representing an important step towards financial inclusion for the poor.
Crowdfunding allows entrepreneurs and organizations to raise funds from many individuals over the internet. There are several types of crowdfunding including equity, lending, reward, and donation models. Crowdfunding democratizes funding by allowing more projects to be funded from a wider pool of investors. It has grown significantly in Europe in recent years, though growth has been uneven across different countries and models. Success requires strong networking, clear communication of projects and goals, and delivering on promises made during campaigns. Crowdfunding also provides a way to test concepts and gather feedback from supporters.
Microfinance institutions (MFIs) can play an important role in harnessing remittances for development. MFIs have a large presence in rural areas and knowledge of client needs that allows them to transform remittances into productive activities like savings, credit, insurance, and investments. However, MFIs currently represent less than 3% of remittance payers due to issues like lack of competition in the remittance market, low financial access in rural areas, and lack of capacity for MFIs to deliver remittance products and services. The document discusses some initiatives by INAFI member organizations to promote partnerships between MFIs, diaspora organizations, and remittance services. It also outlines
"Introductory Presentation on Remittances" by Dominique Villeneuve, PlaNet Fi...hmagrissy
This document summarizes a presentation on remittances given at a workshop. It begins with an introduction and overview of remittances that defines them as money flows sent by immigrant workers to relatives. It then discusses key topics like the huge and growing volumes of remittances globally, important characteristics of remittance corridors and providers, and migrants' expectations and behaviors. The document outlines main issues around the formal vs informal sector, costs of remittances, reaching remote recipients, and use of funds. It concludes by summarizing approaches to remittances by organizations like AFD, the African Development Bank, and PlaNet Finance which focus on partnerships, financial products, and financial literacy.
The document provides an overview of remittances and discusses several key topics. It begins with general information on remittance volumes, statistics, characteristics like corridors and provider types, and migrant expectations and behaviors. It then covers main issues such as the informal vs formal debate, costs of remittances which remain quite high despite commitments to lower prices, challenges with reaching rural "last mile" recipients, and debates around how remittances are used. Existing solutions discussed include suggestions from development organizations to enhance offerings, promote "bi-bancarization", focus on productive investments, and utilize new technologies. The Planet Finance approach aims to promote affordable remittances through partnerships, financial literacy training, and tailored financial products.
This is the presentation for the second session of a workshop CTO developed on the Management of Universal Service Access Funds (USAFs), held in Cameroon. It analyses the operations of USAFs.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a huge financial requirement. The target audience of this presentation includes inter alia urban development and finance professionals, city managers and the general public.
The document discusses remittance flows to Ethiopia, challenges, and initiatives to expand them. It provides background on global remittance trends and estimates of flows to Ethiopia. Formal flows have increased but most transfers are informal. Initiatives by the government and MFIs aim to lower costs and increase access through new services. However, lack of modern payment systems and use of informal channels pose challenges. Proposed interventions include improving the formal system, directing funds to productive uses, and facilitating skill and knowledge transfers from Ethiopians abroad.
The document summarizes an EBRD program to support small and medium enterprises (SMEs) in Ukraine, Georgia, and Moldova as part of their implementation of Deep and Comprehensive Free Trade Agreements (DCFTAs) with the EU. The EBRD will provide €475 million in funding through various windows including improving SME access to long-term financing, facilitating cross-border trade, providing business advice, and engaging in policy dialogue. The program aims to strengthen SMEs in the partner countries to better implement obligations under their DCFTAs with the EU.
20160128 Kamiya. Municipal Finance and the New Urban AgendaMarco Kamiya
1) Municipal finance systems in many developing countries have unclear rules, inefficient expenditure assignments, small revenue generation, and poor financial management.
2) UN-HABITAT aims to help by developing financial management tools, training municipalities on finance and urban planning, enhancing legal frameworks, and advising governments.
3) The document discusses four key issues facing municipal finance - expenditures and infrastructure costs, unclear rules and capacities, limited revenues, and challenges with city extensions - and UN-HABITAT's role in addressing each.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a goliath financial requirement. The target audience of this presentation are inter alia urban development and finance professionals, city managers and general public.
Addressing poverty with community developement bonds sola bickerstethSola Bickersteth
Poverty in our society can be substantially reduced by 1. creating Financial Inclusion Centers ( FIC) in local communities 2. Deploying professionally competent Financially Services Agents to operate the FIC 3. Building a bio-metric database and on boarding of the residents , properties and resources in the community 4. Conducting a community development stakeholder needs assessment 5. Negotiate tax breaks with the Local/state government 6. Issue a Community Development Bond on the local stock exchange 7. Implement a digital repayment system by all on boarded community stakeholders
Financing the 2030 SDGs with Community Development Bonds sola bickerstethSola Bickersteth
Community Development ( CD ) Bonds are proposed to raise finance directly from local citizens through the capital market and to be invested in major infrastructure projects especially those aligned to achieving the SDGs..
The proposed CID Bonds provides for a mechanism for sharing public sector risk with private sector reward as well as a sustainable model for financing community development.
This article sets out the basic framework for issuing Community Development ( CD) Bonds and provides answers to the various components of a successful implementation in Nigeria
FINAL SUBMISSION FINANCE FOR DEVELOPMENT PROJECTKilford Munyukwi
This document proposes promoting mobile cash transfers in Southern Africa to address issues around disaster relief in unbanked agricultural communities. It suggests that cash transfers through mobile networks could curb value loss, improve portability, and reduce fraudulent activities compared to physical cash transfers. The document argues that mobile cash transfers could benefit governments by developing rural infrastructure and reducing costs, benefit aid organizations by facilitating grants and attracting private investment, and benefit the private sector by tapping into emerging markets with good returns. It concludes that enabling private infrastructure investment could create economic opportunities in rural communities and improve disaster relief.
The Extractive Sector Transparency Measures Act (ESTMA) requires oil, gas and mining companies in Canada to annually disclose any payments over $100,000 made to all levels of government. Reporting must include payments in categories such as taxes, royalties, and fees. While reporting of payments to Indigenous governments in Canada was initially deferred to 2017 to address Indigenous issues, companies must still report payments to governments in other countries.
Dynamics of the Housing Sector in Ireland Tommy Gavin
Presented by Rory Hearne,Senior Policy Analyst at Think-tank for Action on Social Change, at the Housing Emergency Conference at Liberty Hall on October 3rd, hosted by Housing Action Now.
Bo Zhao, senior economist at the New England Public Policy Center of the Federal Reserve Bank of Boston, looks at the capacity of Connecticut's 169 cities and towns to pay the cost of public services.
Township ballot educational presentation final 1.30.12cityofevanston
The document provides information about an advisory referendum on the March 20, 2012 general election ballot in Evanston Township regarding the possible dissolution of the township. It outlines the township's services, budget, and background on why dissolution was considered. It explains that an advisory referendum allows residents to express their views but has no legal effect. It also discusses possibilities for continuing services if the township dissolved, such as the city providing assistance instead of the township.
This document discusses maximizing the developmental impact of remittances through private sector services. It defines key terms like remittances and diaspora investments. It highlights the challenges in Sub-Saharan Africa of low formal remittance inflows and limited diaspora private sector investments. Actions are proposed at the origin country, host country, and multilateral institution levels, as well as engaging diaspora communities and the private sector. The DiasporaLink Initiative is presented as an example that provides remittance and investment services while partnering with diaspora groups, financial institutions, and multilateral organizations.
1) Remittances to Africa total over $60 billion annually, accounting for over 5% of GDP in 12 countries, though transfer costs are among the highest in the world.
2) IFAD aims to promote financial inclusion in rural areas, create conditions for productive investment of remittances, and strengthen rural remittance markets.
3) IFAD's operational approach includes research, expanding payment networks, supporting innovative payment mechanisms, promoting financial services linked to remittances, and public-private partnerships to boost investment and trade.
Accelerating finance for robust and sustainable agricultural markets systemsJoseph Kimotho CCP(K)
This project aims to facilitate private sector investment in Kenya's agricultural sector through two main approaches: 1) Developing agricultural markets and value chains to increase demand for agricultural products, and 2) Increasing smallholder farmer access to inputs, technologies, and financing to boost production. A $150 million project will be implemented using a challenge fund to provide matching grants and de-risk private investment in agricultural enterprises, markets, and infrastructure. The project aims to leverage the $120 million in funding to mobilize an additional $1.2 billion from private investors, impact funds, credit access, and government sources over 7 years to transform Kenya's economy by financing robust and sustainable agricultural markets.
The Universal Postal Union (UPU) is an intergovernmental organization that works to promote global postal cooperation. It has projects to expand financial inclusion through postal networks. The UPU-IFAD project connects over 300 rural post offices in 6 West African countries to offer affordable international remittances. This helps reduce costs and brings critical services to underserved rural communities, representing an important step towards financial inclusion for the poor.
Crowdfunding allows entrepreneurs and organizations to raise funds from many individuals over the internet. There are several types of crowdfunding including equity, lending, reward, and donation models. Crowdfunding democratizes funding by allowing more projects to be funded from a wider pool of investors. It has grown significantly in Europe in recent years, though growth has been uneven across different countries and models. Success requires strong networking, clear communication of projects and goals, and delivering on promises made during campaigns. Crowdfunding also provides a way to test concepts and gather feedback from supporters.
Microfinance institutions (MFIs) can play an important role in harnessing remittances for development. MFIs have a large presence in rural areas and knowledge of client needs that allows them to transform remittances into productive activities like savings, credit, insurance, and investments. However, MFIs currently represent less than 3% of remittance payers due to issues like lack of competition in the remittance market, low financial access in rural areas, and lack of capacity for MFIs to deliver remittance products and services. The document discusses some initiatives by INAFI member organizations to promote partnerships between MFIs, diaspora organizations, and remittance services. It also outlines
"Introductory Presentation on Remittances" by Dominique Villeneuve, PlaNet Fi...hmagrissy
This document summarizes a presentation on remittances given at a workshop. It begins with an introduction and overview of remittances that defines them as money flows sent by immigrant workers to relatives. It then discusses key topics like the huge and growing volumes of remittances globally, important characteristics of remittance corridors and providers, and migrants' expectations and behaviors. The document outlines main issues around the formal vs informal sector, costs of remittances, reaching remote recipients, and use of funds. It concludes by summarizing approaches to remittances by organizations like AFD, the African Development Bank, and PlaNet Finance which focus on partnerships, financial products, and financial literacy.
The document provides an overview of remittances and discusses several key topics. It begins with general information on remittance volumes, statistics, characteristics like corridors and provider types, and migrant expectations and behaviors. It then covers main issues such as the informal vs formal debate, costs of remittances which remain quite high despite commitments to lower prices, challenges with reaching rural "last mile" recipients, and debates around how remittances are used. Existing solutions discussed include suggestions from development organizations to enhance offerings, promote "bi-bancarization", focus on productive investments, and utilize new technologies. The Planet Finance approach aims to promote affordable remittances through partnerships, financial literacy training, and tailored financial products.
This is the presentation for the second session of a workshop CTO developed on the Management of Universal Service Access Funds (USAFs), held in Cameroon. It analyses the operations of USAFs.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a huge financial requirement. The target audience of this presentation includes inter alia urban development and finance professionals, city managers and the general public.
The document discusses remittance flows to Ethiopia, challenges, and initiatives to expand them. It provides background on global remittance trends and estimates of flows to Ethiopia. Formal flows have increased but most transfers are informal. Initiatives by the government and MFIs aim to lower costs and increase access through new services. However, lack of modern payment systems and use of informal channels pose challenges. Proposed interventions include improving the formal system, directing funds to productive uses, and facilitating skill and knowledge transfers from Ethiopians abroad.
The document summarizes an EBRD program to support small and medium enterprises (SMEs) in Ukraine, Georgia, and Moldova as part of their implementation of Deep and Comprehensive Free Trade Agreements (DCFTAs) with the EU. The EBRD will provide €475 million in funding through various windows including improving SME access to long-term financing, facilitating cross-border trade, providing business advice, and engaging in policy dialogue. The program aims to strengthen SMEs in the partner countries to better implement obligations under their DCFTAs with the EU.
Giorgio Anania Photonics Venture Capital Initiatives in Europe Financing Phot...EPIC Photonics Investing
This document summarizes financing for photonics innovations in Europe. Venture capital financing in Europe significantly lags the United States, with Europe receiving only 15% of global VC funding compared to 68% for the US. While US VC seems to be increasing, EU VC spending remains below pre-2008 levels. Government agencies and programs in European countries are becoming more active in VC investment to help address gaps. However, total public funding for photonics in Europe is still small compared to other private sources of financing like corporate venture capital funds, which are increasingly focusing on hardware areas including photonics. Efforts are underway to better organize the ecosystem and connect photonics innovators with sources of financing, but more work remains to close financing gaps in
Giorgio Anania Photonics Venture Capital Initiatives in Europe Financing Phot...EPIC Photonics Investing
Photonics is a key pervasive technology that enables innovative and revolutionary solutions and products in diverse markets such as lifescience, agrofood, healthcare, security, defence, consumer, environment, energy, telecom/datacom…
The photonics industry is going through a transformation due to the maturity of the technologies and the fact that the implementation of these mature technologies is economically viable. The industry is going through numerous acquisitions, and there are many companies raising capital (www.epic-assoc.com/funding/venture-finance – spreadsheets “List of investments in photonics” & “List of M&A in photonics”).
Yet the photonics industry is hard to navigate both because of the vast amount of companies (there are 5000 companies in Europe involved in Photonics but 86% of them are SMEs), and the intrinsic fact that there are no ‘photonics’ companies but rather companies that develop sensors, lasers, optics, fibres, photonic integrated circuits, …
The document discusses small scale finance for water and sanitation infrastructure. It notes that small scale agents like households, community organizations, and small private enterprises face financing constraints. Public finance can help by bridging capacity gaps and softening loan terms. The document provides examples of microfinance programs and funds in India that provide "toilet loans" for sanitation. It also discusses the challenges donors face in effectively supporting small scale finance.
The document discusses small scale finance for water and sanitation infrastructure. It notes that small scale agents like households, community organizations, and small private enterprises face financing constraints. Public finance can help by bridging capacity gaps and softening loan terms. The document provides examples of microfinance programs and funds in India that provide "toilet loans" for sanitation. It also discusses the potential roles and challenges for EU donors in supporting small scale finance for water and sanitation.
This document provides a summary of various public and private funding opportunities for UK creative businesses in December 2015. It outlines funding calls from Innovate UK for future retail, China-UK research projects, cyber security innovation, energy disruptive technologies, and Smart grants. It also lists funding from Creative England, Nesta Impact Investment Fund, Creative Europe, Horizon 2020, and other sources like the Wellcome Trust and Creative Scotland.
This document provides a summary of various public and private funding opportunities for UK businesses seeking support, including the following:
- Innovate UK and EPSRC are investing up to £19.5 million in quantum technologies projects and up to £5 million in robotics and autonomous systems innovation projects.
- Other public funding opportunities mentioned include grants from the Wellcome Trust, Creative Scotland, Nesta Impact Investment Fund, and Creative England Production Fund.
- The Horizon 2020 programme and Knowledge Transfer Partnerships also provide European and UK funding for R&D initiatives.
- Information is provided on accelerator programs, sources of private financing such as Balderton Capital and Index Ventures, and other mechanisms like crowdfunding platforms.
The document provides an overview of the EBRD (European Bank for Reconstruction and Development) and its Trade Facilitation Programme (TFP). It summarizes that the TFP supports international trade finance in countries where EBRD operates through trade guarantees and cash facilities. It provides an example of how the TFP facilitates import/export transactions through guarantees and cash advances. In 2010, the TFP supported 1274 transactions, with the top confirming banks being Commerzbank, Deutsche Bank, and UniCredit Bank.
The document provides an overview of the EBRD (European Bank for Reconstruction and Development) and its Trade Facilitation Programme (TFP). It summarizes that the EBRD uses financing and guarantees to support private sector growth, particularly for SMEs, in emerging markets. The TFP specifically aims to facilitate international trade and provide liquidity for trade finance transactions. It works with local banks to issue guarantees, cash advances, and training to simplify imports/exports. Examples from Mongolia show how the TFP supports specific trade deals for local companies.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
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1. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Robert W. Meins
Remittances Specialist
Financing Facility for Remittances
International Fund for Agricultural Development
2. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
3. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
A transfer of $200 is sent from the UK to
Kuyunga, Uganda, 50 kilometers from
the capital Kampala.
The sender has two options:
1) Send directly to Kuyunga using
Western Union.
2) Send to a competing firm in
Kampala.
Kayunga
Kampala
4. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Kayunga
Remitter sends $ 200,-
-Transfer fees $40.00
- Exchange rate margin 1.28 %
- Fees on the receiving side $0
Actual amount received in
Kayunga
$ 157.44 (21.28%)
Remitter sends $ 200,-
-Transfer fees $19.03
- Exchange rate margin 1.15 %
- Fees on the receiving side $0
Actual amount received in
Kampala
$ 176.68 (11.66%)
Kampala
5. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
6. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
-50%
-40%
-30%
-20%
-10%
0%
10%
20%
30%
Kazachstan
Moldova
Guinea
Uganda
Venezuela
Armenia
Turkey
Lesotho
Brazil
Poland
Egypt
CostaRica
Ukraine
Georgia
Mexico
Nigeria
Morocco
Colombia
India
Ecuador
Jamaica
Albania
Honduras
Guatemala
Uruguay
ElSalvador
Bolivia
CapeVerde
Ethiopia
Indonesia
Nicaragua
DominicanRepublic
Jordan
Peru
Paraguay
Kenya
Philippines
Guinea-Bissau
Swaziland
Mauritius
Bangladesh
Pakistan
Impact of the financial crisis:
Remittance growth in 2009YTD:
Source: Most recent reporting from Central BanksSource: Most recent reporting from Central Banks
7. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
-50%
-40%
-30%
-20%
-10%
0%
10%
20%
30% Colombia
Mexico
Brazil
Kenya
Guatemala
Honduras
Nicaragua
Armenia
Paraguay
Pakistan
ElSalvador
Jamaica
Turkey
DominicanRepublic
Philippines
Bangladesh
Georgia
Impact of the financial crisis:
Remittance growth in 2010YTD:
Source: Most recent reporting from Central BanksSource: Most recent reporting from Central Banks
8. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
9. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
$18 million dollar multi-donor fund
ConsultativeGroup for Assistance to the Poor
European Commission
Government Luxembourg
Government Spain
Inter-American Development Bank
UN Capital Development Fund, and
Housed at the International Fund for Agricultural Development
FFR manages 40 projects in 38 countries around the globe
Open to private, public and civil society organizations
10. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Annual Calls for Proposals
Global Forum on Remittances
“Sending Money Home” series of studies
RemittancesGateway.org portal
Dissemination
European Parliament
G8Working group on remittances
Global Forum on Migration & Development
Conferences
11. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Lower the cost of remittances through competition
Improve capillarity, service rural areas
Broaden the scope of financial services
Bank the unbanked
… to empower migrant workers and their families to
advance on the road to financial independence.
12. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
13. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Microfinance
(networks)
Mobile
financial services
Postal
networks
14. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
657,000 post offices in 191 countries
500,000 in rural areas
80% of designated postal operators provide some sort of
financial services
1,15 billion money orders sent by Posts worldwide in 2007
Source: UPU
15. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Total number of inhabitants: 43.5 million
Number in rural areas: 28.7 million
Service unavailable in rural areas, where other
money transfer companies are absent
Necessity to extend that action in rural areas:
answer to the 2007 Call for Proposals
In 2008: approval of the project, launch in
September 2008
16. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Target: migrants and recipients of remittances in rural areas of 6
West African countries: Benin, Burkina Faso, Mali, Mauritania,
Niger, and Senegal
Main activities:
Connection of 273 rural post offices in 6 countries
Set up of the communication infrastructure (call centres, direct connection)
New technology, equipment, training
Cash is available in rural post offices – transportation and management
Associate remittances with other financial services (account-based services,
microfinance)
17. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Low-cost and quality service available in rural areas
Reduction of competitors tariffs on various corridors
Reinforcement of rural Posts for provision of universal
service
First step in financial inclusion process for rural poor
18. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
IT, commercial and Operational Model updated on the
basis of new UPU Regulations and regional conditions
New equipment installed and tested
14 October 2009: connection of rural postal offices and
opening of electronic remittances services
Training and cooperation
Low-cost and quality service available in rural areas
19. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
20. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
21. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Grant financing for projects related to maximizing
the development impact of remittances
up to $250,000 for projects
up to $500,000 for mobile financial services
22. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Mobile financial services Housing
Postal networks (Micro-) Insurance
Microfinance networks Migrant pensions and other
government-to-person payments
Financial services innovations Securitization
Migrant entrepreneurship and
investment (funds)
Open window (innovative projects in
other areas)
23. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Who can apply?
Private sector
Public sector
Civil society
Cross-sector partnerships encouraged
Execution period: 2 years
Deadline (short) concept proposals: June 7th 2010
24. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Must have
Legal status in country where you operate
Audited financial statements
Act on behalf of themselves (not as an intermediary)
Provide counterpart
10-30% non-profit
50% for for-profit (minimum half of which in cash)
Project must be in IFAD member countries
25. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Increase competition
Empower market actors
Achieve effective and efficient regulation
Adopt new technologies
Expand access to financial services
Make more financial services available in rural areas
26. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Institutionally neutral platform
Documents
News
Events
Country profiles
All are welcome to contribute
27. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
28. Financing Facility for Remittances
International Fund for Agricultural Development (IFAD)
Robert W. Meins
R.Meins@ifad.org
+39 06 5459 2059
www.ifad.org/remittances
www.remittancesgateway.org