A group of European ministers and the EC’s commissioner for international partnerships call for measures to foster long-term resilience in the global economy and environment.
The world is facing an…
Covid-19, climate crisis and war combine to reverse decades of progress on raising living standards.
An additional 150 million people could be pushed into extreme poverty by the end of next year as…
LONDON (Reuters) - The World Bank’s private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal…
LONDON (Reuters) - A new multilateral finance fund was launched on Wednesday that aims to cut carbon emissions and improve conditions in developing-world cities.
Implemented by the World Bank and…
The World Bank has launched its multi-billion dollar Africa climate change strategy for the next six years in a bid to kickstart green growth hampered by the Covid-19 pandemic.
To meet the Sustainable Development Goals (SDGs) targets by 2030, countries must safeguard the gains already attained and accelerate efforts to achieve affordable, reliable, sustainable and modern…
In Kenya, the locusts are eating in one day the amount of food consumed by all Kenyans in two days, World Bank says.
The World Bank has approved a record $500m in grants and low-interest loans to…
STORY HIGHLIGHTS
-The report reflects on the ‘Wastewater: From Waste to Resource’ initiative implemented in the LAC region, arguing lessons learned from this region are applicable globally.
-The…
The Green Revolution – the introduction of new higher yielding seed varieties, increased use of fertiliser, irrigation and other mechanisation introduced since the 1960s – brought about a great …
Sub-Saharan Africa will this year suffer its first recession for 25 years as a consequence of the coronavirus outbreak, a World Bank report predicts.
In a grim assessment, the bank says that the…
Crises tend to bring out some of the best and the worst in us. We have watched in awe and admiration as health care professionals have responded with superhuman dedication to the Covid-19 pandemic.
Nile basin countries fear for their future water supplies as the Grand Renaissance hydroelectric project reaches completion.
A new round of high-level talks has started in Cairo between three Nile…
The World Bank has announced the launch of this year’s Blog4Dev competition, an annual writing contest that engages the Sub-Saharan African Youth to share their viewson critical issues that affect…
World Bank loan condition to Eskom was to install several clean energy projects in South Africa.
On 9 October 2019, the Standing Committee on Finance, Economic Opportunities, and Tourism convened.…
We are two weeks away from the 7th GGKP Annual Conference (#GGKP7) "Achieving Global Energy Transformation", which will take place on 21-22 October 2019 in Seoul, Republic of Korea.
Around the world, climate change is already impacting lives and livelihoods, especially in the world’s poorest countries. Good adaptation can deliver good development. It can help improve lives,…
Tunisia produces about 40,000 barrels of crude oil per day, down from about 110,000 barrels per day in 2010.
The Tunisian government has acknowledged the risks faced by the country’s economy because…
As more and more funds pull out of coal, Andrew Tunnicliffe talks with the IEEFA’s Tim Buckley about what’s leading the exodus and what it means for the future of coal.
For more than two centuries…
Ethiopia is set to receive US $200m from World Bank for its Renewable Energy Guarantees Program (REGREP) aimed at supporting the country’s ongoing power sector reforms and leverage private sector…