Students win prize for innovative typhoon resilience finance

Typhoon Haiyan Philippines damage from Adobe 230x150
By Jon Hay
26 Apr 2018

Three MBA students from Singapore Management University have won Morgan Stanley’s annual Sustainable Investing Challenge with a scheme that addresses one of the areas of sustainable financing that is least advanced: adaptation to climate change.

How can infrastructure and societies be made more resilient to ever-worsening weather, when the defences required are costly and often produce no income?

The winning team have suggested part of an answer by designing a plan to help farmers in southeast Asia protect their homes against typhoons.

It ...

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