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GC Asia
Students win prize for innovative typhoon resilience finance
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.
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