Battery Storage Paves Way for a Renewable-powered Future
Battery storage systems are emerging as
one of the key solutions to effectively integrate high shares of solar and wind
renewables in power systems worldwide. A...
Somalia to Receive Debt Relief under the Enhanced HIPC Initiative
The International Monetary Fund (IMF) and the
World Bank's International Development Association have determined that Somalia
has taken the necessary steps to begin receiving debt relief...
WB to Support Increased Urban Resilience in Southern Brazil
The World Bank Board of Directors approved today
two loans of EUR 44,800,000 each for the Southern Brazil Urban
Resilience Program. The project will finance a...
COVID-19, Dimmed Global Outlook Weigh Heavily on Emerging East Asian Bonds
The novel coronavirus (COVID-19) pandemic and
deepening global economic uncertainty are weighing heavily on local currency
bond markets of emerging East Asian economies, according to the...
International Tourism Arrivals Could Fall by 20-30% in 2020
The World Tourism Organization (UNWTO) has released its updated
assessment of the likely impact of the COVID-19 on international tourism.
Taking into account the unparalleled introduction...
Jordan: US$200 million to improve digital services and access to jobs for youth
The World Bank Group’s Board
of Executive Directors approved today a US$200 million project to increase
access for Jordanian youth to jobs and expand government digital...
UNWTO Convenes Global Tourism Crisis Committee
The World Tourism Organization (UNWTO) hosted a
high-level virtual meeting yesterday, bringing together key UN agencies, the
chairs of its Executive Council and Regional Commissions, and...
WHO and world football launch ‘kick out coronavirus’ campaign
A new awareness-raising campaign, led by the world’s top football stars,
called ‘Pass the message to kick out coronavirus’, was launched on Monday by
the UN...
OECD Secretary-General: Coronavirus “war” demands joint action
OECD Secretary-General Angel Gurría called today for sweeping joint action
by governments to defeat the health, economic, and social threats of the
coronavirus (Covid-19) pandemic. In...
New global platform to keep information networks ‘safer, stronger’ throughout COVID-19 pandemic
The International Telecommunication Union (ITU) launched a new platform
on Monday to help global networks under increasing strain and facing rising
demand during the COVID-19 crisis...