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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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What Does Carbon Pricing Success Look Like? Ask These Leaders
British Columbia, Sweden, California and China have been pioneering carbon pricing systems to lower emissions and help shift their economies onto cleaner, greener trajectories. Currently, nearly 40 countries and more than 20 cities, states, and provinces use a form of
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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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Elon Musk: A Man on a Mission
Philanthropist, self-made multibillionaire, technological genius and indeed a dreamer: The list goes on. These are some of the marks and traits that best describe Elon Musk. According to Forbes Magazine, the 39-year Mr Musk has a net worth of $9.3bn.
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World Water Week Seeks Solutions to Water and Energy Challenges
Water is needed in almost all energy generation processes. At the same time, the water sector needs energy to extract, treat and transport water. These inextricable connections between water and energy – and how best to manage them for the
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From Haiti to Canada – Michaëlle Jean: A Viceroy from the Caribbean
The world over, Canada enjoys a reputation as a country most welcoming to immigrants. Newcomers are not just welcomed with open arms; they are also cordially invited to actively participate in the life of the nation. Canadians thoroughly enjoy welcoming
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UN Member States Receive Report on Finance for Sustainable Development
The General Assembly formally received an expert report on August 19, 2014 setting out options that can be weighed by Member States on ways to finance the United Nations-driven sustainable development agenda, which will aim to improve people’s lives and
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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From Greece to Canada – George Delaportas: Big Dreams Need Big Country
George Delaportas is writing a new language and needs four years of research, and about EUR 80,000, to compile its dictionary and syntax. This young Greek entrepreneur, now at home in Vancouver, hopes that crowd-funding – and some chutzpa –
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World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries
The World Bank Group has committed $5 billion in new technical and financial support for energy projects in six African countries – Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative. Making the announcement on
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