AIIB Approves First Sovereign-Backed Loan to Increase Electricity Access in Nepal
The Asian Infrastructure Investment Bank’s (AIIB)
Board of Directors has approved a USD112.3-million loan to Nepal to increase
access and improve the quality and efficiency of...
Africa-Europe Alliance: EU boosts pan-African Internet connectivity with €30 million
EU has announced additional €30 million for the project “AfricaConnect”, that will provide affordable, high-capacity Internet for research and education networks across Africa.
Commissioner...
Renewables as a Reliable Power Source in Refugee Settlements
On-site renewable energy solutions can
cost-effectively supply refugee communities with low-cost, reliable
electricity, according to the findings of a new report by the International
Renewable Energy Agency...
China: Improving Forest Ecosystem Management and Resilience
The World Bank’s Board of Executive Directors approved
a US$150 million loan to help China improve sustainable forest ecosystem management
in the upper reaches of the...
Joint action to support refugees and host communities
The
Netherlands, together with the World Bank Group – including the World Bank and
the International Finance Corporation (IFC) – UNICEF, UNHCR, and ILO, today
announced the...
Brazil identifies a clear pathway for aligning its transfer pricing framework with the OECD standard
Brazil has identified a clear pathway for bringing its
existing transfer pricing framework into alignment with the international
consensus, and is weighing two options – immediate...
ADB Investing Over $1 Billion to Help Pacific’s Renewable Energy Transition
The Asian Development Bank (ADB) will invest over $1
billion worth of energy projects in the Pacific from 2019 to 2021 to increase
renewable energy generation...
UN Framework Classification helps EU to manage raw materials for batteries and shift to circular economy
Sustainably managing raw
materials, especially the critical raw materials needed for batteries, is of
strategic importance for the European Union. As the energy system moves more
strongly...
China: Addressing Structural Challenges to Ensure Broad-Based Growth
Growth in China has decelerated more than previously
expected amid weakening industrial growth and cooling domestic and external
demand. A more accommodative policy stance has helped...
Global Wave of Debt Is Largest, Fastest in 50 Years
Debt in emerging and developing economies (EMDEs)
climbed to a record US$55 trillion in 2018, marking an eight-year surge that
has been the largest, fastest, and...