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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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Making Every Drop Count: Reducing Water Loss in the Middle East and North Africa Region

The problem of water loss has become an even greater challenge for public utilities throughout the Middle East and North Africa region due to climate change, which threatens natural water supplies and increases the cost of new waterresources. Malta, with

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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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Demand for Sustainable Developments Rises as UAE Residents Vote for a Greener Lifestyle

Emaar Community Management showcases latest initiatives at Cityscape Global Dubai, UAE, 1 September 2014: Emaar’s Community Management programme will be at the forefront of sustainable developments on show at Cityscape Global this month, as UAE residents reveal their desire to adopt

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World Bank Report: Digital Payments Vital To Economic Growth

Gates Foundation and Better Than Cash Alliance urge governments to embrace digital financial services, offers concrete action steps.  Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment,

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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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Why Business Leaders Support a Price on Carbon

Climate change can put the resources, supply chains, and infrastructure that companies rely on at risk, while also threatening to roll back decades of global development progress. Business leaders recognize the risks. Several have started to use an internal “shadow

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MIGA (World Bank): Islamic Finance – A Growing Source of Capital for the Developing World

The World Bank has its eye on Islamic finance, and with reason. Islamic finance’s recent globalization – in both Muslim and non-Muslim countries alike – has increased the total size of its assets to around $1.5 trillion. In both the

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New Study Adds Up the Benefits of Climate-Smart Development in Lives, Jobs, and GDP

With careful design, the same development projects that improve communities, save lives, and increase GDP can also fight climate change. A new study examines the multiple benefits for a series of policy scenarios addressing transportation and energy efficiency in buildings

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World Bank Group: “Customer is King” – Toward More Effective Development?

“Customer is King” is an old business saying that accentuates the importance of customers in every business. The private sector generally knows that satisfied customers are cheaper to serve and easier to deal with while unhappy customers will result in

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