Global electricity demand to rebound modestly in 2021 after historic shock from pandemic
After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly next year, led by growth in China, India and...
Europe fit for the Digital Age: Commission proposes new rules for digital platforms
The Commission has proposed today an ambitious reform of the digital space, a comprehensive set of new rules for all digital services, including social...
81 million jobs lost as COVID-19 creates turmoil in Asia-Pacific labour markets
Massive drops in working hours due to the COVID-19 crisis have had a devastating effect on jobs and incomes in Asia and the Pacific...
Progress on sustainable energy policies, critical to pandemic recovery, slower than in the past
While nearly every country in the world saw advancements in sustainable energy policy between 2017 and 2019, the most rapid improvements were in sub-Saharan...
Bosnia and Herzegovina to Help Businesses Weather the COVID-19 Crisis
Micro, small and medium enterprises (MSMEs) affected by COVID-19 in Bosnia and Herzegovina will receive a boost through a new, $65.30 million loan (BAM106...
Lebanon: UN-backed tribunal sentences Hezbollah militant in Hariri assassination
The UN chief on Friday took note of five concurrent life sentences handed down to a Hezbollah militant, convicted in the assassination of former...
Yemen: food insecurity a ‘ticking timebomb’, warn aid agencies
UN humanitarians issued a fresh alert on Friday for war-torn Yemen, warning that time is running out to avoid famine in the country. Out...
World Bank Scales-up Support to Ukraine to Help Protect Low-Income Families
The World Bank’s Board of Executive Directors approved today a loan to Ukraine in the amount of $300 million for the Second Additional Financing...
$9 Billion ADB Facility to Help Members Access and Distribute COVID-19 Vaccines
The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable support to its...
World Bank approves First Amazon Fiscal and Environmental Sustainability Program
The World Bank Board of Directors approved today the US$200 million First Amazonas Fiscal and Environmental Sustainability Programmatic DPF.
The project will support fiscal reforms...