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Banks pump billions into deforestation-linked firms in Southeast Asia - study

By: Beh Lih Yi

Date: September 6th 2016

Source: Thomson Reuters Foundation


"This research suggests that banks continue to turn a blind eye to the devastating impacts of their financial services"


JAKARTA, Sept 6 (Thomson Reuters Foundation) - Banks have financed companies responsible for rainforest destruction in Southeast Asia to the tune of billions of dollars, a study showed Tuesday, and called on lenders to stop "fuelling forest crime".

India's municipal expenditures one of the poorest in the world, a major barrier to urbanization: UN-Habitat report

Date: September 7th 2016

Source: Counter View


A new study by the United Nations Human Settlements Programme (UN-Habitat), “World Cities Report 2016: Urbanization and Development – Emerging Futures” has regretted extremely low levels of “aggregate municipal expenditures in India”, which happen to be of the worst in the world. 


China's Rapid Urbanization Blamed for Most Devastating Flood of the Decade

By: Erika Villanueva-Miranda 

Date: July 31st 2016

Source: Yibada


China rapid urbanization is now blamed for the country's most devastating flood in history.


The recent calamity that brought China to its knees with a hefty $44.7 billion damage cost is partly caused by the country's "ruthless" urbanization for the past years, an analysis from Forbes revealed.


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