The latest trends
Providing you with the most highly curated and most relevant industry news as well as updates from our work
20 June 2019
NEWS: The first ever SDG Index and Dashboards Report for European cities has been launched, bringing to attention that approximately 65% of the SDGs’ 169 targets “will not be reached without proper engagement of, and coordination with, local and regional governments.”
10 June 2019
NEWS: Impact investors fail to measure negative outcomes. It is still too common for impact investors to focus only on positive outcomes while still facing a double standard - the Financial Times goes over a potential to remedy this.
24 MaY 2019
18 May 2019
News: The Economic Commission for Latin America and the Caribbean have come to the following conclusion - the region needs more sustainable development. Read more on how this can lead to greater opportunities for businesses, investors and NGOs.
2 May 2019
NEWS: Rory Steward named UK’s new Secretary of State for International Development (DFID) following cabinet reshuffle and new assignment for former minister Penny Mordaunt. Steward brings a colourful dynamic to DFID which may take the ministry to a new direction as this Devex update clearly shows.
1 May 2019
NEWS: A coalition was launched last week devoted to integrating economic, social, and environmental considerations into the Belt and Road Initiative (BRI) and helping to making Beijing’s work in Africa more sustainable.
16 April 2019
1 April 2019
NEWS: The World Economic Forum and the Bahrain Economic Development Board (EDB) have selected the 100 most promising Arab start-ups of 2019. With the potential to propel the region into a new era, here’s why some feel this can start another industrial revolution - Khaleeji style.
22 March 2019
11 March 2019
NEWS: US President Donald Trump slashes foreign affairs and USAID budget massively to make way for funding US-Mexico wall. The implications to US diplomacy and global development are severe as highlighted by Foreign Policy.
5 March 2019
NEWS: Greater funding is needed to finance energy interventions in humanitarian contexts. We believe this could be an opportunity for impact investment. Here are some innovative ways this is being achieved.
20 February 2019
NEWS: President Sisi of Egypt takes over from President Kagame of Rwanda in leadership of the African Union. With this new change, what will be the priorities now for the AU with regards to diplomacy and international development in the continent?
15 February 2019
7 February 2019
NEWS: Trade can be a driver for climate action. Findings from the 2018 Impact Report on Climate show the situation is dire. But what is the economic impact from climate change? And how can trade change this? The findings from Borderlex dive deeper into this.
28 January 2019
14 January 2019
NEWS: There is growing anxiety about the Chinese footprint in South Asia and Africa with many of these countries critising Beijing. But these same countries still sign agreements and do business with China. How so? And why the hypocrisy? An argument from the Interpreter as provided.
3 January 2019
NEWS: Happy New Year! Despite the new year, old problems from the past are still present, creeping into the coming days. Check out from Foreign Policy the Annual Top 10 Conflicts to Watch in 2019 which could have an impact both on sustainable business and global development.
17 December 2018
NEWS: It's no secret - China is heavily investing in Africa. From Angola to Sudan, Chinese soft-power is slowly making its mark. But while many hark the potential for negative impact locally, can Chinese investment actually do more good than bad? The counter argument as provided by Foreign Policy is here.
6 December 2018
PRESS RELEASE: Pax Tecum Global Consultancy launches its latest podcast - The Global Podcast. Focusing on the importance of diplomacy and international development, the podcast features commentary on global developments and interviews with thought-leaders and experts on the field. Subscribe on both Apple Podcast and Spotify.
30 November 2018
NEWS: The G20 in Buenos Aires is gathering world leaders to discuss sustainability and climate change - crafting both political will around global priorities. And an agreement has been made - here is the declaration from the European Commission for fair and sustainable development.
15 November 2018
NEWS: Technology is changing diplomacy and it’s apparent. With the world having changed more rapidly over the last 35 years than over the last 350 years, these changes ultimately permeated even within the world of diplomacy as explain in the following article from International Policy Digest.
6 NOVEMBER 2018
NEWS: Green sukuk could be the plug to the climate finance deficit and help fight global climate change. The creation of Islamic green finance (sukuk - a confluence of Islamic and green finance) is one way that the Islamic finance industry has addressed the issue, as explained in Dubai’s The National.'
30 OCTOBER 2018
NEWS: The United Arab Emirates launches a new policy that promotes foreign direct investment that fosters sustainable development. The policy is not only down to cement the country’s position in social impact but also draw greater investment and businesses that promote global development accordingly, as highlighted in the latest press release here.
18 OCTOBER 2018
NEWS: The Senegalese government have prioritised developing local infrastructure as a key part of their national strategy. Clearly a source of opportunity for many potential businesses and impact investors looking to engage with the emerging African economy, as reported by the Financial Times.
8 OCTOBER 2018
NEWS: Pax Tecum Global Consultancy has contributed a piece to its new partner, Dubai-based research group emerge85. Entitled “Moving beyond Rhetoric to Build a Strong Fintech Ecosystem”, the article explores why governments need to get on board in supporting FinTech startups in supporting greater financial inclusion and economic empowerment for its citizens. You can find more of the article by visiting emerge85’s website.
3 OCTOBER 2018
NEWS: From our own Foreign Investment and Trade Advisor Richie Santosdiaz, he explains in this article for The National on the five ways in which Dubai is becoming a global tech leader. Already a leader in transportation and logistics, the Emirate is now keen on conquering the tech world. Reach more by clicking here.
NEWS: Macron’s global development vision for France takes shape. Addressing ambassadors in Paris at the end of last month, Macron called for a new law to encapsulate his development agenda, saying he wanted to foster investissement solidaire (solidarity investment), including more partnerships with civil society, youth, business, and diasporas, and more money for ambassadors to support local initiatives. Read the Devex article to understand more about Macron’s plan for France’s collaborative future.
25 SEPTEMBER 2018
NEWS: How businesses benefit from the UN’s Sustainable Development Goals. With the United Nations’ General Assembly (UNGA) approaching and governments trying to meet the goals accordingly, businesses can have a one up by complying themselves and partnering with international actors accordingly. Find out more from this World Resource Institute entry.
19 SEPTEMBER 2018
NEWS: Why humanitarian aid is a powerful foreign policy strategy. Humanitarian aid increases human welfare on a global scale, but it can also be one of the greatest ways of spreading influence and diplomatic power. Featured on the Big Think, this article gives excellent insight on the thought process of many governments around aid and diplomacy.
10 AUGUST 2018
NEWS: Major American airlines (American, Delta and United) have agreed to Chinese Government request on removing Taiwan and referring it to “Taipei” instead. An interesting case study on the need for understanding political dynamics to avoid major threats and risks as reported by CNN Business.
25 JULY 2018
NEWS: Straight from the OECD, Africa’s Development Dynamics 2018 report is now released. What are the major economic and social trends in Africa? What is Africa’s role in globalisation? This new annual report presents an Africa open to the world and towards the future. Africa's Development Dynamics uses the lessons learned in the five African regions – Central, East, North, Southern and West Africa – to develop recommendations and share good practices. The report identifies innovative policies and offers practical policy recommendations, adapted to the specificities of African economies. To access the report, visit the OECD page by clicking here.
11 JULY 2018
NEWS: Published in the Journal of Cleaner Production, an interesting analysis on why cooperation between business and non-governmental organisations help promote sustainable development. What is vital is to understand the differences between these two types of collaboration and how to best approach them to increase chances of success. Download the full article here.
28 JUNE 2018
NEWS: Straight from Forbes - why startups are coming to Latin America. The region is becoming a place where startups are flourishing, and there are increasingly more reasons why it makes sense for budding entrepreneurs to set up shop there - find out more here.
13 JUNE 2018
NEWS: Chinese startups see Latin America as a land of opportunity. Given the massive amount of influence China has had on the African continent over the years, their efforts to now reach out to Latin America could be another strategic move to exert influence. But there are interesting trends for other startups and countries to learn from Fortune Magazine - Bloomberg collaborative piece.
25 MAY 2018
10 MAY 2018
NEWS: Case in point for NGOs to partner with governments as presented by Aayush Niroula of PossibleHealth.org. “In my experience doing public health work in rural Nepal, I’ve come to appreciate the role the public sector can play in this regard,” says Niroula. Click here to read more of the article.
30 APRIL 2018
NEWS: Solar power is the world’s most promising clean energy solution - but governments must abandon outdated policies for it to succeed. Varun Sivraram of the Council of Foreign Affairs goes into detail with the Foreign Policy piece on the need for more political will for sustainable development particularly in this realm - and the potential opportunities for impact investors (as well as hurdles to avoid).
16 APRIL 2018
PRESS RELEASE: A new face in town - Pax Tecum Global Consultancy launches - a new day and a new consultancy firm in London but with a whole different mandate. Pax Tecum Global Consultancy opens its doors today in the big smoke. But it's not your typical financial or business consultancy which attracts firms from across the globe to the capital. Specialising in diplomacy and international development, Pax Tecum Global provides diplomatic mediation, strategy and both political and cultural advice to corporations, start-ups, NGOs and charities on engaging with international governments.
The consultancy firm was founded by international humanitarian and social entrepreneur, Gesu Antonio Baez who's previous experience extended to diplomatic engagement and development program management in women's rights and with the UN system. "What many businesses and NGOs don't realize is that governments around the world speak and engage in a different language from both the corporate and humanitarian world," says Baez. "Therefore, it's crucial to understand what makes them tick and what their priorities are in order to push a project or launch a new business on the ground"
Pax Tecum Global's launch comes at an opportunistic time as UK Secretary for International Development, Penny Mordaunt recently called last week for a global partnership between governments and both businesses and NGO's in order to increase a "great partnership" in a more sustainable world.