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You are here: Home / Archives for ritu

ritu

What the World Bank Teaches About Innovation in Development

Dated: December 15, 2025

In rural communities, simple innovations such as mobile alerts for cash transfers or small grants for infrastructure can have transformative effects, enabling families to buy school supplies, access food, and connect to markets, schools, and clinics. These examples illustrate a larger story of innovation at the World Bank Group, where innovation is central to achieving… [Read More]

World Bank’s $200M Clean Cooking Outcome Bond Highlights Investor Appetite for Impact

Dated: December 15, 2025

The World Bank has settled its USD 200 million Clean Cooking Outcome Bond, following pricing on December 5, 2025. The bond, maturing on March 31, 2032, attracted over ten investors, including first-time participants in World Bank Outcome Bonds, reflecting growing demand for outcome-linked investments. Across the six World Bank Outcome Bonds issued to date, more… [Read More]

Papua New Guinea Revenue Reforms Receive World Bank Support

Dated: December 15, 2025

Papua New Guinea will implement reforms to strengthen revenues, facilitate trade, create jobs, and improve community protection from disasters following the World Bank Board’s approval of a US$150 million budget support package. PNG’s economy relies heavily on mining, oil, and gas, while most citizens earn a living through agriculture and informal work. Low and unpredictable… [Read More]

Germany Boosts Humanitarian Aid to South Sudan with €28.5 Million Contribution

Dated: December 15, 2025

The Government of Germany has contributed an additional €28.5 million to the United Nations World Food Programme (WFP) to support tens of thousands of people affected by worsening food insecurity and the nutrition crisis across South Sudan. The funding is particularly timely, as an estimated 7.56 million people—over half the country’s population—are projected to face… [Read More]

WFP Alerts to Growing Displacement in Sudan Amid Shrinking Resources and Ongoing Conflict

Dated: December 15, 2025

The World Food Programme (WFP) has issued a stark warning about worsening humanitarian conditions in Sudan, particularly in the Darfur and Kordofan regions, as ongoing fighting continues to displace large populations and stretch already limited resources. WFP Director of Emergency Preparedness and Response, Ross Smith, provided updates during a press briefing from Rome, highlighting the… [Read More]

Africa’s AI Opportunity: $1 Trillion GDP Gain Projected by 2035, Says AfDB

Dated: December 15, 2025

The African Development Bank has released a report outlining a strategic roadmap to unlock the economic and social potential of artificial intelligence (AI) across Africa. Titled Africa’s AI Productivity Gain: Pathways to Labour Efficiency, Economic Growth and Inclusive Transformation, the study was developed under the G20 Digital Transformation Working Group and highlights AI’s capacity to… [Read More]

Funding Support to Strengthen Cotton Sector Revival in Northern Uganda

Dated: December 15, 2025

The African Development Bank Group Board of Directors has approved a $2 million grant in technical assistance to support the Cotton Value Chain Project in Northern Uganda, where cotton remains a crucial cash crop. Approved on 09 December, the initiative is financed by the Fund for African Private Sector Assistance, a multi-donor trust fund hosted… [Read More]

Nigeria’s Ondo State Receives $223M for Urban Water Sector Reform and Sanitation

Dated: December 15, 2025

The African Development Bank Group, in partnership with the Ondo State Government and Agence Française de Développement (AFD), has broken ground on the Nigeria Urban Water Sector Reform and Akure Water Supply & Sanitation Project, a $222.9 million initiative aimed at expanding access to safe, reliable, and sustainable water and sanitation services. The project is… [Read More]

Four-Year Review: What We’ve Learned from Cisco Foundation’s Climate Grants

Dated: December 15, 2025

In 2021, the Cisco Foundation committed to deploying $100 million in grants and impact investments over ten years to strengthen climate resilience and promote sustainability. Building on its legacy of innovation and community impact, the Foundation aimed to both protect communities from severe weather and support the creation of a stable, resilient, and prosperous future…. [Read More]

$21 Million African Development Fund Grant to Enhance Djibouti’s Urban Systems and Climate Adaptation

Dated: December 15, 2025

The African Development Fund Board has approved a $21 million grant to upgrade essential urban infrastructure and enhance climate resilience in Djibouti. The funding, sourced from the Bank Group’s concessional lending window, will support the first phase of the Djibouti Integrated Urban Infrastructure and Climate Change Adaptation Project, approved on 10 December. This phase focuses… [Read More]

Promoting Safe Sports in Japan: Tackling Abuse and Discrimination

Dated: December 12, 2025

(Tokyo) – A coalition of 12 non-governmental organizations and experts has urged Japan’s Sports Agency (JSA) to adopt stronger policies to ensure safe sports by ending abuse and discrimination against athletes. The joint letter, addressed to JSA Commissioner Junichi Kawai, emphasizes that athlete safety must be a top priority to protect participants of all ages… [Read More]

Schools Boost Tsunami Preparedness Across the Asia-Pacific Region

Dated: December 12, 2025

Countries in the Asia-Pacific are highly vulnerable to tsunamis, as the region lies along the Pacific “Ring of Fire,” where nearly 80% of all tsunamis occur. With dense coastal populations, including some of the world’s largest megacities, millions of people face significant risk. The region accounts for 99% of global tsunami fatalities, highlighting the urgent… [Read More]

Sweden, Norway, and UNDP Partner with Tuzara to Strengthen Climate Change Resilience

Dated: December 12, 2025

Tuzara commune in Călărași district is among the localities in Moldova most affected by climate change due to its higher altitude, experiencing snowfalls, freezing rain, droughts, and vegetation fires earlier than neighboring villages. In 2025, Tuzara recorded the highest number of fires in the district, mainly caused by abandoned agricultural land, highlighting the urgent need… [Read More]

Bitcoin Meets Aid: Save the Children Launches Innovative Fund for Global Relief

Dated: December 12, 2025

Save the Children has launched a groundbreaking Bitcoin Fund to transform humanitarian aid delivery, particularly during crises. Developed in partnership with digital asset leader Fortris, the fund allows the organization to hold Bitcoin donations securely for up to four years, enabling faster access to funds when emergencies strike. This initiative is designed to improve the… [Read More]

Europe’s Strategic and Technological Independence Gets Boost with EIB Group’s €100 Billion Financing Goal

Dated: December 12, 2025

The European Investment Bank (EIB) Group has approved its 2026–2028 Operational Plan, maintaining a record-high financing target of €100 billion for 2026. This includes €4.5 billion dedicated to security and defence projects within the European Union, representing 5% of the total financing. The investments will follow the eight priorities outlined in the EIB Group’s Strategic… [Read More]

West Africa Civil Society Institute Unveils Plan to Protect NGOs Digitally and Financially

Dated: December 12, 2025

The West Africa Civil Society Institute (WACSI) has announced a new strategic direction focused on strengthening digital resilience, expanding civic technology, and promoting sustainable African-led financing for civil society organisations (CSOs) across West Africa. The announcement was made during a press briefing in Accra as part of WACSI’s 20th Anniversary celebrations. Omolara Balogun, WACSI’s Head… [Read More]

Shell Foundation and Accion Launch Applications for ClimaFii Alliance Cohort 2 to Support Climate Finance Solutions

Dated: December 12, 2025

The Climate and Finance Innovations (ClimaFii) Alliance has opened applications for its second cohort, aiming to bring clean energy and sustainable financing solutions to microenterprises in sub-Saharan Africa and India. Led by UK charity Shell Foundation and global nonprofit Accion, in partnership with BFA Global and Upaya Social Ventures, the program supports startups and SMEs… [Read More]

GAFSP Unveils 2030 Strategic Plan to Strengthen Agriculture and Food Security

Dated: December 12, 2025

The Global Agriculture and Food Security Program (GAFSP) announced the formal approval of its 2030 Strategic Plan during its December 2025 Steering Committee Meeting in Rome, marking a significant milestone in the Program’s 15-year history of addressing hunger and rural poverty in low-income countries. The new plan operationalizes GAFSP’s Vision 2030, aiming to support locally… [Read More]

Russia’s Repression of Civil Society Signals Fear of Accountability: UN Expert

Dated: December 12, 2025

GENEVA – The human rights situation in Russia has sharply deteriorated, with intensifying attacks on human rights defenders and anti-war voices signaling a state increasingly insecure and fearful of accountability, according to Mariana Katzarova, the UN Special Rapporteur on the situation of human rights in the Russian Federation. She highlighted a rapid dismantling of independent… [Read More]

Protecting Mountains and Glaciers: FAO Marks International Mountain Day 2025

Dated: December 12, 2025

FAO celebrated International Mountain Day 2025 at its Rome headquarters under the theme “Glaciers matter for water, food and livelihoods in mountains and beyond,” highlighting the critical role of mountains in sustaining life. The event launched a technical brief on glacier and mountain-related food and water security and announced the winners of the Mountain Future… [Read More]

Southern Africa’s Approach to Evaluating and Incentivizing Socially Impactful Research

Dated: December 12, 2025

The UK Foreign, Commonwealth and Development Office (FCDO) has issued a tender, with submissions due by 9 January 2026, for a comparative analysis of research resource allocation methods aimed at enhancing research systems in Southern Africa that deliver socio-economic impact. The initiative responds to growing recognition that national research systems and funding frameworks must evolve… [Read More]

FAO Unveils New Villages Recognition Initiative to Honor Rural Culture and Innovation

Dated: December 12, 2025

The Food and Agriculture Organization of the United Nations (FAO) has launched the Villages Recognition Initiative, a global effort celebrating the essential contribution of rural villages in advancing sustainable agrifood systems, conserving biodiversity, and preserving food traditions and local knowledge. Developed under FAO MuNe as part of the Organization’s 80th Anniversary, the initiative highlights how… [Read More]

$40 Million Investment Strengthens Education Through New Yemen Partnership

Dated: December 12, 2025

A new partnership agreement has been signed between the Saudi Development and Reconstruction Program for Yemen (SDRPY), the Global Partnership for Education (GPE), Yemen’s Ministry of Education, and UNESCO to strengthen education and rebuild educational infrastructure across Yemen. The agreement was formalized during the MOMENTUM Development Finance Conference in Riyadh and introduces an innovative development… [Read More]

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