The world’s neediest people are particularly vulnerable to unexpected crises, which come in many forms, from catastrophic conflicts to calamitous cyclones. They need all the help they can get to weather the storms of life. The financial-service provider can throw a lifeline in the form of financial products that make the difference between sinking or swimming. In what practical ways are banks helping vulnerable people living through the most challenging circumstances?
The Paris Agreement has been touted as the antidote to global warming; with countries agreeing to jointly reduce greenhouse-gas emissions, climate change will be dealt a severe blow. But the success of the treaty rests largely with individual nations and how successful they are in implementing policies for the short- and long-term.