The Department of Health and Human Services is allocating $100 million for venture investments in new technologies to prepare for future threats from Covid-19.
The #IPPR rightly follows Marianna Mazzucato & suggests that UK Govt. needs to invest directly in #greentehcnology;
as I've said before this make perfect sense; not only would it help accelerate the #greentransition, it would also pump-prime the UK's current lamentable #investment environment for #manufacturers...
Its a policy that the Labour Party should get behind.... its certainly a better use of #taxpayers money than subsidising #fossilfules (see earlier post)
A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to align agricultural subsidies with their climate and nature goals by the end of the decade, a statement seen by Reuters showed....
The US and Kenya announced a trade and investment partnership in July 2022. Talks have been progressing on the way forward in nine areas, including agriculture, anti-corruption, digital trade, environment and climate change action, and workers’ rights and protections.
A company spun-off from academic labs that designs and produces new chemicals with artificial intelligence and robotics, is raising $42.7 million in its first venture funding round.
Global venture funding for digital health start-ups remains mired at low levels, as the number of investment deals in the second quarter of 2023 dropped to its lowest level in eight years.
A biotechnology company designing immunotherapies for solid tumor cancers with a patient's white blood cells is raising $80 million in its initial public offering or IPO.
Photo-shoot today at National Press Club, former congressman and now Amb. Joseph Kennedy III, special envoy to Northern Ireland for economic affairs, talking about U.S. trade with Northern Ireland of all things.
Venture capital funding for start-ups worldwide continued dropping in the second quarter of 2023 with dollar volumes down by double digits from just the first quarter of the year.
"The #JETP model focuses on expanding access to both public and #PrivateFinance to support critical and catalytic #energy system #investment needs. The funds come from a group of international countries called the International Partner Group (IPG) and private financial institutions. "
So the private money is there to beef up the national contributions. (for what returns?)
"A large majority of [EU] member countries rejected the idea of splitting the costs of the #networks with content providers" due to "the lack of a fact-based approach or evidence of an #investment gap, the risk of driving up prices and the risk to net neutrality. “Let’s not overreact to non-existent market failure,” reportedly argued Germany." (Politico)
So we know the UK has a problem with #productivity caused by under-#investment; likewise we know all sorts of public & private services are being starved of investment....
Meanwhile #Germany is recording record levels of #ForeignDirctInvestment (FDI), and what do you know, the third highest source of that FDI is the UK... not least by firms looking to maintain a foothold in post-#Brexit#Europe...
Where's our investment gone?
Well looks like some of it is helping the German economy!
We have been told for generations that lowering taxes on the rich helps the economy, and that "increased entitlements" are a burden the taxpayer cannot afford.
These are lies. The truth, borne out by history is this:
Programs that help the poor, the working poor and those unable to work, actually benefit the overall economy and are not a net tax burden on the taxpayers. 1/2
"Green Investment Finance is a commercial, independent entity set up to invest in low emission firms.
The fund - which aims to help drive down the country's climate emissions - has been given a capital injection of $300 million in new money, taking its total pot to $700m.
The firm focuses on scaling up proven propositions rather than acting as an angel investor in a businesses startup phase."
Investor pressure group urges G20 to reform agricultural subsidies (www.reuters.com)
A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to align agricultural subsidies with their climate and nature goals by the end of the decade, a statement seen by Reuters showed....
China state investors to inject $1.7bn in Shenzhen wafer foundry (asia.nikkei.com)
CR Micro's big boost comes as country bids to improve its chipmaking ability