As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
In the past, most conversations about the Asian economy have centered around the glittering excesses of the upper classes, or the grinding poverty in rural areas. But not much has been said about the growing middle class in the region’s mid-sized cities.
I begin with two things that are true: we need to expand green energy development to meet net-zero targets, and farmers need access to their land to continue feeding the country as they have for generations.
The Asia-Pacific region is undergoing the largest middle-class expansion in history. By 2035, it will be home to 3.2 billion of the world’s 5 billion middle-class consumers.
AI’s rapid growth is driving demand not only for electricity but also for the clean water needed to run its physical infrastructure. As data centers expand, rising water intensity is straining supplies and testing long-term sustainability.
Companies are accelerating their adoption of artificial intelligence (AI) to boost productivity and rein in costs—an urgent priority in today’s environment of elevated inflation and sluggish growth. This speed makes it important for investors to pay close attention.
KeyBank Community Lending and Investment (CDLI) provided a total of $72.8 million in financing for the first redevelopment phase and new construction of the Atlanta Civic Center, a 148-unit affordable senior housing project in Atlanta.
Feeding the world in the decades ahead is one of humanity’s greatest challenges. By 2050, the global population is projected to reach nearly 10 billion people, requiring roughly 70% more calories than are produced today.
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