Zambia Has Good Foundation to Use Digital Tools for Economic Transformation
The Zambia Digital Economy Diagnostic, a new report developed by the World Bank, finds that Zambia is making significant strides towards the use of...
IRENA Outlines Agenda to Put Energy Transformation at Heart of Sustainable Economic Recovery
Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards...
EU budget 2021: An annual budget focused on European recovery
The Commission has today proposed an EU budget of €166.7 billion for 2021, to be complemented by €211 billion in grants and approximately €133...
Restrictions on Travel Easing as Europe Leads Cautious Restart of Tourism
Restrictions on travel, introduced in response to the COVID-19 pandemic, are slowly being eased, allowing tourism to restart in a growing number of destinations....
The Great Compression: Implications of COVID-19 for the US Shale Industry
Fifteen-year U.S. shale boom entering period of “great compression.”
Vulnerable shale operators hit hard by COVID-19, and heightening oil price volatility.
Looming $300 billion of impairments...
Iceland, a world leader in clean energy, supports Africa’s push for geothermal power
At the beginning of the 20th century, Iceland was one of Europe's poorest countries, its people relying on a precarious and polluting mix of...
ILO warns of COVID-19 migrant ‘crisis within a crisis’
Tens of millions of migrant workers, forced to return home because of the COVID-19 pandemic after losing their jobs, face unemployment and poverty in...
Women’s Economic Activity in the Mashreq Countries Would Boost Growth and Prosperity
Women’s labor force participation in the Mashreq countries remains among the lowest in the world and is likely to be exacerbated by the COVID-19...
EU-China Summit: Defending EU interests and values in a complex and vital partnership
The European Union and China held their 22nd bilateral Summit via videoconference on 22 June 2020. President of the European Council, Charles Michel, and...
First-Time Financing by World Bank for Digital Economy in the Eastern Caribbean
The World Bank Board of Executive Directors approved today the regional Caribbean Digital Transformation Project for a total of US$94 million for four Eastern...