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WB, Vietnam Sign US$ 500 Million Loan to Improve Energy Efficiency

Hanoi, November, 2014 – The State Bank of Vietnam and the World Bank today signed a US$ 500 million loan for a US$ 731.25 million operation in support of Vietnam’s energy sector. The investment will fund construction of over 1,000

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Nigerian Stock Exchange Becomes a Full Member of World Federation of Exchanges

October, 2014, Seoul, Korea: The Nigerian Stock Exchange (“the NSE”), today, announced that it received a unanimous vote for admission as a full member in the World Federation of Exchanges (the “WFE”), the global trade association for the operators of

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UNCDF: Enabling Transformation – Investing in the Local Needs of Women

In 1990, in the first Human Development Report of the United Nations Development Programme (UNDP), Pakistani economist Mahbub Ul Haq wrote, “The real wealth of a nation is its people. And the purpose of development is to create an enabling

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Shinya Yamanaka: Unlocking the Potential of Cells

Professor Shinya Yamanaka of Kyoto University is in the business of time travel. He discovered that fully mature cells can be induced to revert to their earlier pluripotent state. Such a pluripotent cell has yet to develop into one of

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World Investment Forum: Seeking Ways to Unlock the Idle Trillions

As the United Nations Conference on Trade and Development (UNCTAD) celebrates its fiftieth anniversary, business and government leaders from across the world gathered this week in Geneva for the biennial World Investment Forum (WIF). The UNCTAD-sponsored four-day event brought together

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Sustainable Stock Exchanges: Urgent Need for Simple Metrics

The 4th biennial Global Dialogue on the Sustainable Stock Exchanges (SSE) Initiative, concluded yesterday (10/14) at the United Nations Geneva headquarters, unveiled the urgent need for all stakeholders – stock exchanges, regulators, investors, and businesses – to adopt simple, yet

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World Bank Group: Can Resource-Financed Infrastructure Fix the Natural Resource Curse?

By Håvard Halland, John Beardsworth, Bryan Land, and James Schmidt How can resource-rich countries ensure that a sufficiently large share of oil, gas, and mining revenues are used for productive investment rather than excessive or wasteful consumption? “Resource-financed infrastructure” (RFI)

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Deutsche Börse and Thai Exchange Join Sustainable Stock Exchanges Initiative

The Deutsche Börse is the latest of a growing number of stock exchanges that have joined the United Nations-supported Sustainable Stock Exchanges (SSE) Initiative aimed at encouraging listed companies to adhere to specific environmental, social, and corporate governance (ESG) guidelines.

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New UN Report Calls for Major Changes in Global Economic Governance, Management

Six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path, argues a new United Nations Conference on Trade and Development (UNCTAD) report released on September 10, 2014. 

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Otaviano Canuto, World Bank Group: Liquidity Glut, Infrastructure Finance Drought and Development Banks

The world economy faces huge infrastructure financing needs that are not being matched on the supply side. Emerging market economies, in particular, have had to deal with international long-term private debt financing options that are less supportive of infrastructure finance.

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