SCAF III – Catalysing renewable energy project development in Africa and Asia
The deployment of renewable energy (RE) capacity in Africa and Asia is essential for providing access to clean energy and mitigating climate change. However...
SCAF – Relevance for private capital mobilisation and continuous support needs
SCAF acts as market creator by financing the development of bankable projects for private investors and Development Finance Institutions (DFIs) that typically...
AI & Energy: From One Answer to the Grid – Part 2
In the first part, we explored what powers a single AI output – from the computational intensity of large language models to the vast data centre infrastructure that keeps them running. We are now going to forward on energy forecasts – and the challenges around making the right assumptions.
AI & Energy: From One Answer to the Grid – Part 1
When you type a question into ChatGPT and receive a response, the exchange consumes approximately 0.3 to 0.4 watt-hours of electricity. According to OpenAI’s Sam Altman, an average query uses around 0.34 Wh, while independent measurements of GPT-4o recorded approximately 0.43 Wh for a typical prompt.
The relevance of microfinance for biodiversity conservation
THE ULTIMATE THREAT At some point towards the end of 2021, when the world (or more precisely, we humans) slowly began to recover from COVID 19, it became obvious that economically there will be some rough years ahead of us…
Generating returns with Generative AI?
BALANCING RISKS AND OPPORTUNITIES FOR EU-BASED FIRMS UNDER THE EU AI ACT How Artificial Intelligence has changed our world The advent of Generative AI is poised to revolutionise industries from finance to healthcare, education, arts, and culture. Over the past…
Can the fashion industry reach net-zero?
Current fashion supply chains are ranked amongst the most wasteful and polluting on earth, built on extraction of large amounts of natural resources and a linear production and consumption process. Given this, fashion production and consumption have resulted in significant…
Interview with GROOMING CENTRE
We spoke with Nwachukwu Nnaemeka, Chijioke Onuoha and Chukwuebuka Nwosu of Grooming Centre, a microfinance institution from Nigeria. Our GLS AI – Microfinance Fund’s objective is to make sustainable investments in microfinance institutions (MFIs), thereby supporting economic activities that contribute…
Quick introduction to Credit Risk, Evaluation and CVaR Calculations – Part 2
For a general introduction to credit risk, please review Part 1. QUANTITATIVE MEASUREMENTS OF CREDIT RISK AND CREDIT VALUE AT RISK (CVAR) MODEL The key point in terms of credit risk evaluation is the calculation of expected loss. The one-year…
Quick introduction to Credit Risk, Evaluation and CVaR Calculations – Part 1
INTRODUCTION Recent developments, such as the COVID crisis, political turmoil in different parts of the world, climate events, etc. put more emphasis on the importance of sound credit risk management solutions as the task becomes more and more complicated in…