Apr 23, 2019 | Innovative Finance
This story was originally published by Luke Gallin on www.artemis.bm The Danish Red Cross and International Federation of Red Cross and Crescent Societies are making progress with their first ever catastrophe bond transaction, revealing a tiered trigger structure...
Jan 9, 2019 | Innovative Finance
Published originally in ARTIS Artemis recently spoke with Adam Bornstein, Global Financial Innovation Specialist, International Federation of the Red Cross and Red Crescent, about the use of catastrophe bonds to finance refugee and migration response, a funding gap...
Jan 8, 2019 | Featured, Innovative Finance
Read the original story by ARTEMIS International humanitarian movement the Red Cross is looking to the capital markets and the potential issuance of a parametric catastrophe bond to protect against volcanic risks, according to Adam Bornstein. Adam Bornstein is an...
May 15, 2018 | Featured, Innovative Finance
The UN estimates developing countries will need 2.5 Trillion USD a year to achieve the Sustainable Development Goals by 2030 and that the vast majority of these funds must come from non-government sources. There is an urgency for new financing sources that complement...
Mar 13, 2018 | Featured, Innovative Finance
In February 2018, the Bootcamp of the Fintech Islamic Finance Challenge was celebrated at IE Business School with the five finalists, the jury members and several essential figures from Islamic Finance, IsDB, IE and KAU. The IFRC Innovation team won the first place of...
Feb 12, 2018 | Innovative Finance, Technology
Original story by IFRC media newsroom An online blockchain application that promotes the traceability and transparency of Islamic social financing has won first prize in a competition organised by the Islamic Development Bank Group and the IE Business School in...