“Sustainable” Finance: Do we need BlackRock to end poverty and save the climate?
By Antonio Diaz Caycedo How is Global Development understood today? In my first university class on Global Development, our professor told us that good intentions alone are insufficient. In fact, the field is ridden with examples of good intentions gone wrong. This article deals with such a case. In this article, I want to tell you how an ambitious plan to end poverty became perverted into a scheme to extract money from the very people it was intended to help. This is the story of how big...