South Africa is intensifying its efforts to finance a low-carbon and climate-resilient future, according to The South African Climate Finance Landscape 2025, a new technical report for the Presidential Climate Commission. Published by the Climate Policy Initiative (CPI) and GreenCape, with support from the Agence Française de Développement (AFD), the report provides the most comprehensive… [Read More]
Business
Zimbabwe’s Emergency Food Production Project Enters New Phase with FAO-Led Sustainability Plan
The Food and Agriculture Organization of the United Nations (FAO), in partnership with the Government of Zimbabwe and other stakeholders, has convened a four-day workshop in Kadoma to design an Exit and Sustainability Strategy for the Zimbabwe Emergency Food Production Project (ZEFPP). The initiative, implemented under the African Development Bank’s African Emergency Food Production Facility… [Read More]
Building Trust in Climate Action: Government Unveils Plans for High-Integrity Carbon Markets
Singapore’s National Climate Change Secretariat (NCCS), Ministry of Trade and Industry (MTI), Enterprise Singapore (EnterpriseSG) and the Monetary Authority of Singapore (MAS) have announced new initiatives to boost the development of high-integrity carbon markets. These efforts include publishing voluntary carbon market (VCM) guidance for businesses, forming an industry-led buyers’ coalition to aggregate demand for high-quality… [Read More]
Wales Secures £1.1 Billion Defence Investment to Create Thousands of Skilled Jobs
The UK Government has announced that Welsh communities are reaping major benefits from substantial defence investment, which is generating thousands of skilled jobs across the nation. According to the latest UK Defence Footprint report, Wales received £1.1 billion in defence spending over the past year, directly supporting 3,900 industry jobs across a range of sectors…. [Read More]
Employment and Livelihoods in the West Bank Collapse as Gaza War Enters Second Year: ILO Report
The International Labour Organization (ILO) has issued a new brief highlighting the devastating impact of the two-year war in Gaza on the West Bank’s economy and labour market. The report reveals a sharp decline in livelihoods, rising unemployment, and deepening poverty across the Occupied Palestinian Territory, emphasizing that the prolonged conflict has left lasting economic… [Read More]
FIFA & Global Citizen Launch Advisory Board for Global Education Fund
FIFA and Global Citizen have announced the establishment of the FIFA Global Citizen Education Fund Advisory Board, marking a major milestone in their mission to raise USD 100 million to increase access to education and football for children worldwide. The Fund, launched earlier this year, will support community-based education initiatives and football development programs for… [Read More]
European Union and Mongolia Strengthen Ties with New Business and Investment Forum
The first-ever European Union–Mongolia Business and Investment Forum took place in Ulaanbaatar, marking a major milestone in the deepening of economic relations between the European Union and Mongolia. The event aimed to strengthen business cooperation, encourage sustainable growth, expand trade, and attract long-term investment opportunities. More than 700 participants attended, including senior representatives from the… [Read More]
Belize Receives IDB Support to Improve Coastal Water Quality in Caye Caulker
The Inter-American Development Bank (IDB) has approved a $10 million investment loan and a $500,000 grant to support Belize in improving coastal water quality in Caye Caulker. The financing, endorsed by the IDB’s Board of Executive Directors, falls under the IDB CLIMA initiative — a performance-based pilot program that rewards countries for achieving climate and… [Read More]
South Korea Partners with IDB Group on New Cooperation Package for Sustainable Growth in the Americas
The Inter-American Development Bank Group (IDB Group) and the Ministry of Economy and Finance of Korea have announced a new cooperation package designed to boost innovation, digital transformation, and sustainable development in Latin America and the Caribbean (LAC). The initiative, unveiled during the 7th Korea-LAC Business Summit in Seoul, celebrates 20 years of collaboration since… [Read More]
Government of Canada Invests $4M to Support Growth of Sherbrooke Manufacturers
The Government of Canada has announced a total investment of $4.1 million in repayable contributions through Canada Economic Development for Quebec Regions (CED) to support four Sherbrooke-based manufacturing businesses—Les entreprises Dauphinais, Royer, FilSpec, and Attitude. The funding, unveiled by the Honourable Mélanie Joly, Minister of Industry and Minister responsible for CED, alongside Members of Parliament… [Read More]
Canada Invests $786,000 to Boost Northern Ontario Businesses at Global Agri-Food Expo
Pauline Rochefort, Parliamentary Secretary to the Secretary of State for Rural Development and Member of Parliament for Nipissing-Timiskaming, announced a Government of Canada investment of $786,294 in Economic Partners Sudbury East/West Nipissing to support the continued operation of the Northern Ontario Agri-Food Pavilion at the 2025 Royal Agricultural Winter Fair. The announcement, made on behalf… [Read More]
Empowering Indigenous Communities: Canada Invests in Prairie Forest Sectors
On October 24, 2025, the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs, on behalf of the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced a federal investment of $5.44 million for 28 Indigenous-led projects across Manitoba, Saskatchewan, and Alberta. This initiative aims to enhance Indigenous leadership and participation in the forest… [Read More]
Pioneering Research on Decent Work in Aquaculture Unveiled at Philippines’ First National Dialogue
The Philippine aquaculture sector is taking major steps to strengthen productivity, sustainability, and supply chain resilience while addressing human and labour risks. With support from the International Labour Organization (ILO) and the Government of Japan through the Resilient, Inclusive and Sustainable Supply Chains (RISSC) Project, the country hosted its first-ever National Industry Dialogue for a… [Read More]
€9.2 Billion Approved by EIB Group for Housing Innovation, Energy Security, and Child Health
The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved €9.2 billion in new financing to promote housing innovation, enhance energy security, and strengthen healthcare and water systems across Europe. Among the initiatives, the EIB Board endorsed the €400 million HousingTechEU program, aimed at supporting mid-cap and large EU companies in the… [Read More]
Vietnam Typhoons: Irish Aid Steps in to Assist 40,000 Vulnerable Communities
Irish Aid is providing €250,000 in humanitarian support to help 40,000 people in northern Vietnam affected by recent powerful typhoons. Typhoon Bualoi and Typhoon Matmo struck the same region in quick succession, damaging over 545,000 homes and impacting more than one million children and their families. These storms are part of a series of typhoons… [Read More]
Philippines Digital Innovation: Empowering Smart Solutions and Tech Growth
In Manila, the International Labour Organization (ILO) is pioneering the integration of artificial intelligence (AI) into enterprise development in the Philippines through its Sustaining Competitive and Responsible Enterprises (SCORE) programme. In collaboration with the UN Joint SDG Fund programme on an Inclusive, Competitive, and Responsible Digital Philippines (Digital-PINAS), the initiative introduces AI tools into training… [Read More]
Unlocking Potential: New ILO Findings on Care Policies for Employees with Disabilities
A new report from the International Labour Organization’s Global Business and Disability Network, released ahead of the International Day of Care and Support, highlights the strong link between disability-inclusive workplace care policies and improved employee engagement, retention, and productivity. The analysis shows that when care policies are effectively implemented, they positively impact job satisfaction and… [Read More]
Women Entrepreneurs Driving Job Creation and Economic Growth
In Sub-Saharan Africa, over 80 percent of women are self-employed, managing businesses that range from family farms and market stalls to tech start-ups and film production. At the high-level event Capital to Scale: Supporting Women Entrepreneurs as Job Creators, held during the World Bank-IMF Annual Meetings in Washington, DC, experts discussed how access to capital… [Read More]
World Bank Backs Moldova’s Initiative to Restore Ecosystems and Combat Pollution
The World Bank’s Board of Executive Directors has approved a US$7.9 million grant for Moldova’s Restoring Ecosystems for Marine Pollution Prevention Project (RE-MAP), financed through the Global Environment Facility (GEF). The project aims to enhance sustainable landscape management within the Dniester River Basin, a critical watershed for both environmental and socio-economic resilience in Moldova. By… [Read More]
Powering Progress: Guinea’s Electricity Surge Supports Small Businesses and Communities
In the mining city of Boké, Guinea, frequent power outages had long stifled productivity, frustrated residents, and fueled social unrest. Entrepreneurs like Safiatou Bangoura struggled to maintain their businesses, relying on costly and polluting generators to keep their workshops running. Daily expenses for fuel consumed much of their earnings, leaving little room for savings or… [Read More]
African Development Bank Group Receives $14 Million Under GAFSP’s New Private Sector Window
The Global Agriculture and Food Security Program (GAFSP) has made its first funding allocation under its new private sector financing window, granting $14 million to the African Development Bank Group (AfDB). The funding includes de-risking capital aimed at mobilizing $200 million in private sector investments to strengthen food security in low-income countries. GAFSP supports projects… [Read More]
African Fintech Leader Moniepoint Raises $90 Million in Series C, Accelerating Growth
Moniepoint, a leading African fintech company, has successfully raised an additional $90 million in its ongoing Series C funding round, bringing the total capital raised to $200 million after an initial $110 million investment in 2024. The latest round was led by Development Partners International (DPI), with participation from major investors including the International Finance… [Read More]
Driving a Resilient Water Future Through Multi-Sector Partnerships
Innovate UK has partnered with water regulator Ofwat to deliver the £40 million Water Innovation Cross-Sector Challenge, part of the broader £400 million Ofwat Innovation Fund. The initiative aims to identify and support innovative solutions that address shared challenges across the water sector and other industries, creating mutual benefits for society, businesses, and the environment…. [Read More]
