World Heritage forests releasing more carbon than they absorb
Forests in at least ten World Heritage sites have become net sources of carbon, due to pressure from human activity and climate change, according...
New Project to Support Egypt’s Inclusive and Sustainable Economic Growth
The World Bank’s Board of Executive Directors approved a US$360 million Development Policy Financing (DPF) loan to support Egypt’s post-pandemic recovery and enhance the...
Financial Services Study Reveals Emerging Tech-driven Systemic Risks
Accelerated technology adoption in the financial services sector is creating new systemic risks to the global financial system, according to a new report. Beneath...
CEOs Urge World Leaders to ‘Do More Together’ in the race to Net Zero
The Alliance of CEO Climate Leaders, hosted by the World Economic Forum, appealed to the governments and world leaders to leverage COP26 as their...
Climate Change Could Further Impact Africa’s Recovery
The World Bank’s new Groundswell Africa reports, released today ahead of the 26th session of the Conference of the Parties (COP 26), find that...
World Bank to support reconstruction plan for Cabo Delgado in Mozambique
The World Bank will provide US$100 million (€86 million) to support the Mozambican government in the reconstruction plan for Cabo Delgado, a province affected...
Millions of Moscow residents manage their everyday lives through their smartphones
The creators of My Moscow, a mobile application of the Russian capital's urban services, have analysed how and why Muscovites use it. It turned...
Nigeria becomes the first country in Africa to roll out Digital Currency
The Central Bank of Nigeria joined a growing list of emerging markets betting on digital money to cut transaction costs and boost participation in...
Multilateralism ‘struggling’ to solve world challenges
While multilateralism remains “committed to solving global challenges”, the deputy UN chief said on Sunday, United Nations Day, it is “struggling to find the...
Do You Really Need Name-Brand Cartridges?
Cartridges from printer manufacturers like Hewlett-Packard are notoriously expensive. Considering the price of their basic equipment, ink may cost almost as much as the...