Member Views

Revised Global Principles for Sustainable Securities Lending Issued Alongside Opening Signatories

Global Principles for Sustainable Securities Lending (Global PSSL) today published fully revised and updated principles for sustainable securities lending alongside invited opening signatories, available here.

ESG’s Beginning Is Messy, But It’s Here to Stay

It’s Climate Week in New York City and the financial capital is responding to more ESG backlash. While the acronym ESG stands for “environmental, social, and governance,” what it means depends on who you ask.

To Stop a New Round of Emerging-Market Debt Defaults, Send in the Volunteers

"The US can draw on its deep reservoir of sovereign-debt advisory and analytical talent to provide a missing honest broker in today's multiparty, multidimensional standoff," writes BWC member Gary Kleiman.

Why Are Natural Gas Prices High? Because Fracking Isn’t Really Profitable.

Natural-gas prices are skyrocketing globally, flummoxing policy makers. As parts of the world emerge from the pandemic, energy demand is up and supply down after the cold winter of 2020, worsening temperature extremes, severe drought in South America, and other shortages caused by geopolitical tensions. Here in the U.S., natural gas prices are up about 100% from a year ago. In the U.K., they’re up about 500%.

Barron’s 100 Most Influential Women in US Finance

BWC member Afsaneh Beschloss, founder and CEO of RockCreek was named to Barron’s 100 Most Influential Women in US Finance list for the second year in a row. The list honors leaders in the financial services industry who have made outsized contributions to strengthening the US financial system.

Government Debt Needs to Be Repaid, And Other Myths About the Federal Deficit

Sooner or Later, Climate Change Is Coming for Your Wallet

Last week Gary Gensler, the chair of the Securities and Exchange Commission, made what seemed like an uncontroversial statement: “I think we can bring greater clarity to climate risk disclosures.”

Innovation-Based Economic Security

To benefit from today’s globalized research and development, the United States needs to make science and technology policies an integral part of economic security.

Emerging Market Finance Refugee Crisis Application: Rationale and Roadmap

In 2019 the World Refugee & Migration Council issued “A Call to Action” recognizing the need for private sector innovation to meet the fiscal challenges posed by the global refugee crisis.

The Role of the IDB in the Time of COVID

The IDB is the leading source of development financing in the region. Since September 2020, it is under new leadership, which has numerous challenges on its agenda, some of them associated with the pandemic that are without precedent.