Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Zurich Insurance is investing $1 billion to fight climate change in a sign of growing demand for socially conscious investing. The Swiss financial services group plans to invest about 0.5% of its $200 billion portfolio in green bonds issued by the World Bank and other institutions to support sustainable growth and development without sacrificing financial returns.
"This is a first step," said a spokesperson for the firm. "Zurich will consider making further allocations, also to non-dollar denominated green bonds, once it has evaluated its initial investment."
As a global insurer with a presence in many emerging markets, Zurich is directly exposed to the impact of climate change and intensive use of scarce natural resources. Extreme weather, such as floods and typhoons, has caused $76 billion of insured losses in east Asia over the past three decades, according to insurer Munich.
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