About half of the world’s population are living in cities. Rapid urbanization puts pressure on urban infrastructure and labor markets, also contributes to environmental degradation, and speeds up the instability of construction projects and dwellings. Climate change is yet another cause that will harm the stability of cities. A solid and global plan on how to tackle urban planning is therefore much needed, which is why the New Urban Agenda was endorsed by the UN in 2016.
Year by year, interest in the organic market is increasing all over the world. According to STATISTA, worldwide sales of organic food quintupled in the 21st century (18 billion USD in 2000, versus 90 billion USD in 2016), while, according to TechSci Research, the total worth of the market is projected to grow at a compound annual growth rate (CAGR) of 16.15% during the period 2017-202I2.
In recent times, the world has experienced an exponential increase in solar-powered generating capacity, especially in emerging markets such as China and India. The reasons for this rapid development exist due to low-priced equipment and improved technologies now reaching millions of people. As reported by Bloomberg New Energy Finance, solar capacity grew by 54% year-on-year, and over a three-year period, it has more than tripled.
Perhaps as an early Christmas gift to the international community rooting for a cross-sectoral solution on combatting climate change, HSBC has announced its commitment to establish the world’s first bond. As explained by HSBC themselves, the bond is closely linked to the UN’s Sustainable Development Goals (SDG). Following seven selected SDG targets, HSBC will fund 1 billion USD through the bond and thus financially support projects set out to increase the sustainable well-being of communities and the environment.
ISET has earned a reputation of academic excellence, and all those who walked through the institute’s doors as students and left as graduates have either found meaningful employment or gone on to study abroad at some of the world’s best universities. Yet aside from educating its students in the technicalities and intricacies of economics, ISET also endeavors to instill values and standards amongst its students.