The European Investment Bank (EIB) has published a unique analysis of the impact of COVID-19 on financing across Africa. The Finance in Africa 2021 report surveyed 78 leading banks and financing institutions active across sub-Saharan Africa to examine the impact of the pandemic on banking and business lending, investigate how Africa’s financial sector is harnessing the digital revolution and detail the challenges and opportunities of green finance for banks. Thomas Östros, European … [Read more...] about EIB study sheds light on impact of Covid on African banks and business financing
3RF Consultative Group discuss progress achieved so far in various sector of development
The Consultative Group (CG) of the Reform, Recovery and Reconstruction Framework (3RF) held its third meeting. The 3RF Consultative Group consists of the Government of Lebanon, Lebanese civil society, the European Union, United Nations, the World Bank and international donors. Together they monitor progress and give strategic direction to the reforms and activities under the 3RF. The 3RF Consultative Group members discussed progress achieved so far and next steps in four main sectors: the … [Read more...] about 3RF Consultative Group discuss progress achieved so far in various sector of development
ADB Director General reaffirms development partnership with Tajikistan
Asian Development Bank (ADB) Director General for Central and West Asia Yevgeniy Zhukov reaffirmed ADB’s support for Tajikistan’s development priorities in a series of meetings with senior government officials. Mr. Zhukov met with the Prime Minister of the Republic of Tajikistan Kohir Rasulzoda, First Deputy Prime Minister and ADB Governor Davlatali Said, and other senior officials during his first official visit to the country on 13–16 November. Mr. Zhukov, stated: “For 23 years, ADB has … [Read more...] about ADB Director General reaffirms development partnership with Tajikistan
G20 members received 15 times more Covid vaccine doses per capita than sub-Saharan African countries
According to a new analysis.G20 countries have received 15 times more COVID-19 vaccine doses per capita than countries in sub-Saharan Africa (excluding South Africa, which is a G2O country). The analysis, conducted by science analytics company Airfinity, exposes the severity of vaccine inequity between high-income and low-income countries, especially in Africa. It found that doses delivered to G20 countries per capita are: 15 times higher than doses delivered per capita to sub-Saharan … [Read more...] about G20 members received 15 times more Covid vaccine doses per capita than sub-Saharan African countries
Nepal and World Bank launch $60m Nurturing Excellence in Higher Education Program
In Nepal, the Nurturing Excellence in Higher Education Program (NEHEP) jointly launched by the University Grants Commission, Ministry of Education, Science and Technology, and the World Bank. The five-year program aims to improve the quality and labor market relevance of Nepal’s higher education, scale up collaborative research and online learning, and expand access to academic institutions for underprivileged and vulnerable students from disadvantages areas. Mr. Ram Prasad Thapaliya, … [Read more...] about Nepal and World Bank launch $60m Nurturing Excellence in Higher Education Program
Afghanistan is now among the world’s worst humanitarian crises: WFP Executive Director
According to the latest Integrated Food Security Phase Classification (IPC) report, more than half the population of Afghanistan – a record 22.8 million people - will face acute food insecurity from November. The report issued by the Food Security and Agriculture Cluster of Afghanistan, co-led by the Food and Agriculture Organization of the UN and the UN World Food Programme. The combined impacts of drought, conflict, COVID-19 and the economic crisis, have severely affected lives, … [Read more...] about Afghanistan is now among the world’s worst humanitarian crises: WFP Executive Director
El Salvador: IDB to increase resilience to natural disasters and health emergencies
The Inter-American Development Bank (IDB) has approved a $400 million contingent financial agreement for a program to help offset the possible impact of natural disasters and health emergencies on El Salvador’s public finances. The project will allow the country to build greater financial resilience against earthquakes, tropical cyclones, volcanic eruptions, and future epidemic and pandemic outbreaks. In addition, it will provide timely access to resources in case of both natural disaster … [Read more...] about El Salvador: IDB to increase resilience to natural disasters and health emergencies
A billion-dollar initiative by UN and Partners to transform cities for people and planet
At Climate Week NYC 2021, the UN Environment Programme (UNEP), Global Environment Facility (GEF) and partners launched UrbanShift – a new global initiative to improve lives and transform cities into green and livable spaces that address climate change, biodiversity loss and pollution. Cities are home to 4.2 billion people, more than half of the world’s population. But they face growing challenges – from floods, storms and heatwaves triggered by the climate crisis to dangerous air quality, … [Read more...] about A billion-dollar initiative by UN and Partners to transform cities for people and planet
Register Now for ‘Innovate Cities’ Virtual Conference from 11-15 Oct
UN-Habitat and the Global Covenant of Mayors for Climate & Energy (GCoM) invite you to be part of the global Innovate4Cities 2021 climate change conference. Also known as the I4C conference, Innovate4Cities 2021 is a virtual global and regional event that brings together cities, innovation, climate change, science, policy and practice united by a common objective: enabling cities to take accelerated and more ambitious climate action. This conference covering Science and Innovation … [Read more...] about Register Now for ‘Innovate Cities’ Virtual Conference from 11-15 Oct
WFP boosts emergency response as millions face hunger crisis in northern Ethiopia
As conflict spills across Northern Ethiopia, forcing 300,000 people from their homes and 1.7 million into hunger in Afar and Amhara provinces, the United Nations World Food Programme (WFP) has announced an unprecedented funding gap of $US426 million across its operation in Ethiopia and appealed for funds to meet the needs of up to 12 million people this year. This month WFP started delivering emergency relief food assistance to communities in regions bordering on war-torn Tigray. In … [Read more...] about WFP boosts emergency response as millions face hunger crisis in northern Ethiopia
