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Afghanistan Economy Shows Modest Growth but Living Standards Continue to Decline, Says World Bank

Dated: May 27, 2026

Afghanistan’s economy is showing signs of modest resilience, with real GDP growth estimated at 4.8 percent in 2026, despite ongoing regional tensions, border disruptions, and structural challenges. However, according to the latest Afghanistan Development Update released by the World Bank, this growth is not translating into improved living standards for the population. The report highlights… [Read More]

Caritas Macau Donates €20,000 to Support Storm‑Hit Portugal and Spain

Dated: May 27, 2026

Macau — May 27, 2026 — Caritas Macau has donated €20,000 to assist communities affected by the devastating winter storms that struck Portugal and Spain earlier this year. The funds, raised through a three‑month local campaign, will be split evenly between Caritas Portugal and Caritas Spain, reinforcing the organisation’s long‑standing humanitarian ties with the Iberian Peninsula. Local Solidarity for Storm… [Read More]

IDB–GEF Partnership Aims to Scale Environmental Solutions Across Latin America and the Caribbean

Dated: May 27, 2026

The Inter-American Development Bank (IDB) and the Global Environment Facility (GEF) are expanding their long-standing partnership to accelerate environmental action across Latin America and the Caribbean, with a focus on biodiversity protection, pollution reduction, land restoration, and climate resilience. The collaboration comes as the region faces rising environmental pressures, despite being one of the most… [Read More]

Latin America and the Caribbean Urged to Strengthen Shock Response Through Protection, Fiscal Discipline, and Supply Chain Diversification

Dated: May 27, 2026

Latin America and the Caribbean must adopt stronger and more coordinated policy responses to global economic shocks, according to analysis from the Inter-American Development Bank (IDB). The region is being advised to focus on protecting vulnerable populations, maintaining fiscal discipline, and strengthening supply chains to improve long-term resilience. The guidance comes amid renewed global instability… [Read More]

Enbridge and Meta Announce $1.2 Billion Cowboy Solar‑Plus‑Storage Project in Wyoming

Dated: May 27, 2026

Cheyenne — May 27, 2026 — Energy infrastructure leader Enbridge and Meta have expanded their clean‑energy partnership with the launch of the Cowboy Project, a $1.2 billion solar‑plus‑storage development near Cheyenne, Wyoming. The project will combine 365 MW of solar generation with a 200 MW / 1,600 MWh battery system, supporting Meta’s growing data‑centre operations and strengthening grid reliability across the region…. [Read More]

Integrating Flood Risk Management Is Key to Building Resilient Social Infrastructure

Dated: May 27, 2026

Flood risk management is becoming a critical component in the development of resilient social infrastructure, as governments face increasing threats from extreme weather events. According to development experts, integrating resilience into infrastructure planning is essential to protect lives, maintain public services, and reduce long-term recovery costs. Recent examples from Brazil highlight the urgency of this… [Read More]

Eswatini Launches Five-Year Biodiversity Project to Boost Conservation and Local Livelihoods

Dated: May 27, 2026

Eswatini has launched a new five-year biodiversity initiative aimed at strengthening conservation efforts while supporting local livelihoods and sustainable tourism development in the Lubombo region. The project focuses on establishing a consolidated Big Five Nature Reserve across approximately 87,000 hectares of land within the Lubombo landscape. It is designed to enhance biodiversity protection while also… [Read More]

Brazil Launches $9.9 Billion Eco Invest Auction to Attract Foreign Capital

Dated: May 27, 2026

Brasília — May 27, 2026 — Brazil has unveiled its most ambitious Eco Invest auction, targeting 50 billion reais ($9.9 billion) to accelerate green technology development across six strategic sectors. The initiative, backed by the Climate Fund, will leverage public capital to attract private and foreign investment, with bids open until July. Six Strategic Green Technology Areas The auction… [Read More]

WHO Warns Tobacco Causes 164,000 Deaths and $6.6 Billion Economic Losses Annually in Pakistan

Dated: May 27, 2026

The World Health Organization (WHO) has issued a strong warning about the devastating health and economic impact of tobacco use in Pakistan, stating that it kills an estimated 164,000 people each year and causes economic losses of around US$6.6 billion. The warning was issued ahead of World No Tobacco Day, observed on 31 May, as… [Read More]

Rochford District Jobs, Skills & Volunteering Fair Returns to Support Local Employment and Community Growth

Dated: May 27, 2026

The Rochford District Jobs, Skills & Volunteering Fair will return on Tuesday 2 June 2026, offering residents an opportunity to explore local employment, training, and volunteering options in one place. The free event will be held from 12:30 pm to 3:30 pm at The Mill Arts & Events Centre in Rayleigh. Organised in partnership by… [Read More]

EBRD Invests €20 Million in Eesti Energia’s First Green Bond to Boost Baltic Energy Transition

Dated: May 27, 2026

The European Bank for Reconstruction and Development (EBRD) has invested €20 million in the inaugural green bond issued by Estonia’s state-owned energy company Eesti Energia, marking a significant step toward accelerating renewable energy and infrastructure development in the Baltic region. The green bond, valued at €300 million and listed on the Luxembourg Stock Exchange’s Euro… [Read More]

New Funder Roadmap Calls for Expanded Investment in Health Solutions Science to Improve U.S. Health Outcomes

Dated: May 27, 2026

A new national roadmap is urging philanthropic organisations in the United States to broaden their investment focus beyond traditional biomedical research and strengthen funding for what experts are calling “health solutions science.” The approach emphasises prevention, healthcare delivery systems, policy reform, and the social and environmental factors that influence overall health outcomes. The roadmap, titled… [Read More]

EU Awards €400 Million to 65 Projects in First‑Ever Innovation Fund Heat Auction

Dated: May 27, 2026

Brussels — May 27, 2026 — The European Commission has awarded €400 million in grants to 65 projects under its first‑ever Innovation Fund Heat Auction, marking a major step toward decarbonising industrial heat across Europe. Funded through the EU Emissions Trading System, the initiative spans ten European Economic Area countries and is expected to avoid 6.6 million tonnes of CO₂ over the next decade. Driving Clean Heat Innovation The selected projects will produce around 16.3 TWh of decarbonised heat… [Read More]

UN Launches Fourth Industrial Development Decade for Africa to Accelerate Industrial Transformation

Dated: May 27, 2026

The United Nations General Assembly has officially proclaimed the Fourth Industrial Development Decade for Africa (IDDA IV), marking a renewed global commitment to accelerate the continent’s industrial transformation between 2026 and 2035. Adopted on 20 May 2026 in New York, the resolution aims to strengthen Africa’s industrial base through increased investment, technological innovation, regional integration,… [Read More]

NGO Urges CJI Surya Kant to Reconsider Remarks on Environmental Activism

Dated: May 27, 2026

A Karnataka-based environmental organisation, Parisarakkagi Naavu, has written to the Chief Justice of India Surya Kant and the Supreme Court, requesting the withdrawal of recent remarks made against environmentalists during a court hearing. The appeal follows an oral observation made by the Chief Justice on May 11 during proceedings related to the Pipavav port case… [Read More]

IPX Power Secures $4.95 Billion Financing for Landmark California Solar‑Plus‑Storage Project

Dated: May 27, 2026

Fresno County — May 27, 2026 — Independent power producer IPX Power has closed a massive $4.95 billion financing package to build and operate the Darden solar and battery storage project in California’s Central Valley. The facility will deliver 1.15 GW of solar capacity alongside 4.6 GWh of battery storage, making it one of the largest single solar‑plus‑storage financings in… [Read More]

Australia Announces $18.83 Million Research Funding to Strengthen Mental Health and Prevention Efforts

Dated: May 27, 2026

The Australian Government has announced $18.83 million in funding through the Medical Research Future Fund (MRFF) to support research aimed at improving mental health outcomes and preventing mental illness across the country. The funding, announced on 26 May 2026, will be delivered under the MRFF’s Million Minds Mental Health Research Mission, which focuses on translating… [Read More]

Zambia Launches US$3.6 Million Climate Monitoring and Early Warning Initiative

Dated: May 27, 2026

The Government of Zambia, in partnership with the United Nations World Food Programme (WFP) and the United Kingdom’s Met Office, has launched a new US$3.6 million initiative aimed at strengthening climate monitoring systems and improving early warning capabilities across the country. The programme is part of the Systematic Observations Financing Facility (SOFF) and focuses on… [Read More]

Ethiopia Launches US$9.8 Million Climate Resilience Initiative Under Green Legacy Programme

Dated: May 27, 2026

Ethiopia has launched a new US$9.8 million climate resilience project aimed at strengthening ecosystem restoration and supporting vulnerable communities affected by climate change. The initiative is backed by the Least Developed Countries Fund of the Global Environment Facility and implemented by the United Nations Environment Programme (UNEP). The project, titled “Scaling up the Green Legacy… [Read More]

Star of the South Offshore Wind Project to Deliver $8 Billion Boost and 6,000 Jobs

Dated: May 27, 2026

Melbourne — May 27, 2026 — Australia’s most advanced offshore wind initiative, the Star of the South, is set to transform the nation’s renewable energy landscape. Proposed in Bass Strait off the Gippsland coast of Victoria, the 2.2 GW project aims to generate clean electricity for 1.2 million homes, contribute $8 billion to the economy, and create up to 6,000 jobs over its 30‑year lifespan…. [Read More]

India Launches New MSME Funding and Rural Industry Modernisation Initiatives

Dated: May 27, 2026

India has unveiled a new set of initiatives aimed at boosting micro, small, and medium enterprises (MSMEs) while accelerating the modernisation of rural industries. The measures were launched by Nirmala Sitharaman during the 37th Foundation Day celebrations of Small Industries Development Bank of India in Mumbai. The latest initiatives are designed to improve credit access… [Read More]

Brazzaville Hosts Donor Summit for $5.3 Billion Congo Basin Climate Fund

Dated: May 27, 2026

Brazzaville — May 26, 2026 — The Republic of Congo has become the focal point for international climate financing as it hosted a major donor roundtable to mobilize $5.32 billion for the Blue Fund for the Congo Basin. The summit, held under the patronage of President Denis Sassou N’Guesso, coincided with the African Development Bank Group’s 2026 Annual… [Read More]

Burkina Faso Adds 22 km of Roads to Boost Mobility in Ouagadougou

Dated: May 27, 2026

Ouagadougou — May 27, 2026 — Burkina Faso has inaugurated 22 kilometers of new urban roads in its capital, marking a major step toward improving traffic flow and supporting economic growth. The $71 million project, financed through partnerships with the West African Development Bank (BOAD) and Vista Bank, includes new interchanges, access routes, and major avenues designed to ease congestion and enhance connectivity. The program… [Read More]

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Latest News

Traxtion Expands Rail Fleet with $86 Million Investment as South Africa Opens Rail Market

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CSO Training in Uzbekistan Aims to Improve Access to Legal Aid Through Mediation Skills

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