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...
Illicit financial flows threaten security and stability in Africa
At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of $50...
Urgent action is needed to reduce over-fishing and reform support to the fisheries sector
Urgent action is needed to reduce over-fishing, improve fisheries management and reform support to the sector, or the world will fail to meet a...
COVID-19 crisis, a wake-up call on social protection for workers
The need for universal social protection in the wake of the COVID-19 pandemic has been underlined at a virtual conference of trade union leaders...
EU strengthens its direct support to the people of Belarus
Today, the European Commission adopted a €24 million assistance package, which will benefit directly the Belarusian people, in particular civil society, youth and small...
Developing Asia to Contract 0.4% in 2020, Grow by 6.8% in 2021
Economic activity in developing Asia is forecast to contract by 0.4% this year, before picking up to 6.8% in 2021 as the region moves...
Finland: boost employment and productivity growth to avoid lasting scars from COVID-19 crisis
The COVID-19 crisis has plunged Finland into its deepest recession since the early 1990s even though swift government support has cushioned the shock, making...
Six environmental trailblazers honoured as UNEP Champions of the Earth
The UN Environment Programme (UNEP) today announced six laureates of the 2020 Champions of the Earth award, the UN’s highest environmental honour. The Champions...