Commission issues guidelines to protect critical European assets and technology in current crisis
European Commission today issued guidelines to ensure a strong EU-wide approach to foreign
investment screening in a time of public health crisis and related economic
vulnerability. The...
China: Developing Green Finance in Agriculture
The World Bank’s Board of Executive Directors
today approved a loan of Euro 267.2 million (US$300 million equivalent) for
China to foster green agriculture investments, development...
Harmonizing and Improving Statistics in West Africa
The Board of the World Bank Group has allocated
today a total of $379 million in International Development Association (IDA)*
credits and grants to help harmonize...
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...
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...
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...