Author: Investopedia

Paris Agreement / COP 21

Paris Agreement / COP 21

The Paris Agreement is an agreement among the leaders of 179 countries to significantly reduce the emission of greenhouse gases in order to limit global temperature increase to well below 2 degrees Celsius (3.6°F) and ideally below 1.5 degrees Celsius (2.7°F)...
The “Triple Bottom Line” Concept

The “Triple Bottom Line” Concept

The Triple Bottom Line Concept (TBL) is the idea that it is possible to run an organization in a way that not only earns financial profits but also betters people’s lives and helps the planet. Business strategist and entrepreneur John Elkington coined the term...
What is a Social Impact Bond (SIB)?

What is a Social Impact Bond (SIB)?

A social impact bond (SIB) is a contract with the public sector or governing authority, whereby it pays for better social outcomes in certain areas and passes on part of the savings achieved to investors. A social impact bond is not a bond, per se, since repayment and...