Nepal gets $50 Million Natural Disaster or Health Emergency Funding

The Ministry of Finance and the World Bank have  signed a $50 million (NPR 6 billion) financing agreement for a contingent financing that can be availed in the case of a natural disaster or health emergency in the Nepal. This operation aims to enhance the government capacity to manage the risk of climate change and… [Read More]

WHO releases Guidelines for Countries to maintain essential Health Services during this Pandemic

The COVID-19 pandemic is straining health systems worldwide. The rapidly increasing demand on health facilities and health care workers threatens to leave some health systems overstretched and unable to operate effectively. To help countries navigate through these challenges, the World Health Organization (WHO) has updated operational planning guidelines in balancing the demands of responding directly… [Read More]

European Commission allocates €140 Million to the Eastern Partner Countries

As part of the global response to the coronavirus outbreak, the European Commission has reallocated €140 million to the Eastern partner countries for the most immediate needs in Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova, and Ukraine. In addition, the Commission will also redirect the use of existing instruments worth up to €700 million… [Read More]

Foundation announces Rs 2.5 Crore Grant, Calls on Medtech Entrepreneurs, Corporates & Innovators to combat spread of Pandemic

Marico Innovation Foundation has announces Rs 2.5 crore grant for medtech entrepreneurs, corporates and innovators who can solve the med-tech challenges faced in the on-going COVID-19 crisis and to bridge the gap in ventilators and personal protection equipment that can help the medical community. In order to speedily augment the supply of ventilators and personal… [Read More]

Tata Sons’ huge contribution of ₹ 1000 Crore to fight COVID-19

In a fight against novel coronavirus, Tata Sons- the parent company of Tata Motors has announced a huge contribution of ₹ 1000 crore. The company will work together with the Tata Trusts, which has separately pledged ₹ 500 crore, to protect and empower all affected communities. Furthermore, Tata Sons will be bringing in the more… [Read More]

JSW Group and Adani Foundation pledge INR 100 Crores each to PM-CARES Fund

In light of the current COVID -19 Crisis, the JSW Group and the Adani Foundation pledged INR 100 Crores each to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) in support to all on-going relief efforts. Adani Foundation’s fund included donation of Rs. 5 crore to the Gujarat Chief Minister’s… [Read More]

TVS Motor pledge ₹30 crore to curb the spread of Coronavirus Effect

In a nationwide efforts to curb the spread off COVID-19 coronavirus, TVS Motor Company have pledged ₹30 crore through Srinivasan Services Trust (SST), the social arm of TVS Motor Company and Sundaram-Clayton Ltd. It will include measures ranging from manufacturing and supplying supportive equipment such as masks and providing cooked meals to those on the… [Read More]

MOFA and NGOs pledge to promote Taiwan’s International Cooperation and Development Assistance

At a joint signing ceremony for cooperation agreements, the Ministry of Foreign Affairs (MOFA) and five nongovernmental organizations pledged to promote Taiwan’s participation in and contributions to international cooperation and humanitarian assistance. Director General, Ming-chi Scott Lai of the Department of NGO International Affairs signed agreements with Good Neighbors Taiwan, Pu-hsein Educational Foundation and the… [Read More]

COVID-19 Pandemic: IMF approves Funding in support of Kyrgyz Republic

The International Monetary Fund (IMF) has approved a purchase of the Kyrgyz Republic under the Rapid Financing Instrument (RFI) equivalent to SDR 59.2 million and a disbursement under the Rapid Credit Facility (RCF) equivalent to SDR 29.6 million to meet the urgent balance of payment needs stemming from the outbreak of the COVID-19 pandemic. The… [Read More]

$3 Million grant agreement signed for Water Project in Presidio, Texas

A $3 million grant agreement has been signed by The North American Development Bank (NADB) and the City of Presidio and funded by the U.S. Environmental Protection Agency (EPA) and will go toward improvements to the city’s drinking water system. The BEIF grant will finance a portion of the project’s total cost of $3.8 million,… [Read More]

Japan contributes US$476.4 million to the Global Fund

Japan has contributed US$476.4 million to the Global Fund dedicated to helping the vulnerable populations such as people living with HIV, TB and Malaria. This is its largest annual contribution to the Global Fund, signaling Japan’s strong leadership in global health, at a time when the world is fighting COVID-19. Japan’s State Minister for Foreign… [Read More]

African Development Bank raised $3 Billion “Fight COVID-19” Social Bond

An exceptional $3 billion in a three-year bond has been raised by the African Development Bank to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset… [Read More]

COVID-19 Crises: World Bank allocates immediate Funding to Samoa

An immediate funding worth US$5.1 million has been allocated by the World Bank to support Samoa’s response to the global COVID-19 (coronavirus) pandemic. Samoa currently has no confirmed COVID-19 cases, however a State of Emergency is now in place across the country. Samoan Minister of Finance, Hon. Sili Epa Tuioti said, “Protecting Samoan people from… [Read More]

UNOPS Teams support to tackle Coronavirus Crises around the World

In the midst of a global health pandemic, United Nations teams around the world are supporting efforts to mitigate the impact of Coronavirus disease (COVID-19). UNOPS Executive Director Grete Faremo said, “We are all in this together. We must all work collaboratively to ensure that those most vulnerable are protected and that healthcare systems can… [Read More]

UNWTO calls on Innovators & Entrepreneurs to put forward New Solutions to accelerate Tourism Recovery, Applications close on 10 April 2020

The World Tourism Organization (UNWTO), with the support of the World Health Organization (WHO), calls on innovators and entrepreneurs to put forward new solutions to help the tourism sector recover from COVID-19. With millions of jobs at risk as the pandemic hits tourism harder than any other sector, the United Nations specialized tourism agency has… [Read More]

Australia Council for the Arts unveils Funding for COVID-19 Response Package

The Australia Council has suspended investment programs to free up funds to respond to the “catastrophic” impact of the health crisis on the Australian arts community. The Response Package includes increased flexibility on grant conditions and reporting, including removing requirements on meeting audience KPIs, timeline extensions and allowing organisations to use money provided for a… [Read More]

Britain allocates $253 Million to Global Push for Coronavirus Outbreak

Britain pledged to contribute 210 million pounds ($253 million) to the international coalition to find a vaccine against coronavirus. Prime Minister, Boris Johnson called on governments to work together to create a vaccine as quickly as possible and make it available to anyone who needs it. Prime Minister, Boris Johnson said, “My call to every… [Read More]

Medtronic Foundation contributes $10 Million in New Funding

Medtronic Foundation is making an additional $10 million in contributions to COVID-19 relief efforts around the world. The funds will be put toward training and supervising frontline health workers, ensuring their safety (including the provision of personal protective equipment and other supplies), supporting preparedness for the health workforce, offering community support and providing flexible support… [Read More]

Edison International pledge $1 Million to local Nonprofits in California

Edison International pledged $1 million to local nonprofits in California whose focus is on providing critical services, food and necessities to vulnerable communities in response to COVID-19. President and CEO of Edison International, Southern California Edison’s parent company, Pedro Pizarro said, “Edison International appreciates the health care workers, first responders, local communities and others who… [Read More]