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The Local Climate Adaptive Living Facility (LoCAL) of UNCDF: Climate Change Impacts on Natural and Human Systems

“For women, the road was crucial. It was hard to deliver babies because of access: we had to go to the hospital by boat – it was risky. And also for the children, floods made it impossible for them to

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Werner Hoyer, President of the European Investment Bank (EIB): A Mostly Unseen Hand

In late-December, President Werner Hoyer of the European Investment Bank shared his experiences and insights with CFI.co chairman Tor Svensson and editor Wim Romeijn. He leads an institution more than twice as large as the World Bank, yet remains virtually

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African Governments Invest in Skills in Sciences, Engineering, and Technology

President Macky Sall of Senegal launches a new Regional Scholarship and Innovative Fund in Johannesburg, South Africa, in June 2015. $5 million committed by African governments and African Business Champions for Science to award 10,000 PhDs scholarships over ten years.

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Nouriel Roubini: The Mystery of the Missing Inflation

Since the summer of 2016, the global economy has been in a period of moderate expansion, yet inflation has yet to pick up in the advanced economies. The question that inflation-targeting central banks must confront is straightforward: why? Since the

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Evan Harvey, Nasdaq: Stock Exchanges – An Engine for Sustainable Development

The modern stock exchange is a hybrid institution: listing venue, market steward, investment and regulatory liaison, product and service creator, and so on. To further complicate matters, many stock exchanges are now public companies themselves, listed on their own markets

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Kristalina Georgieva, CEO of the World Bank: Empowering Communities

Worldwide, around 500 million people live in “fragile situations,” mostly caused by armed conflict. Climate change threatens to add another hundred million or so people to that tally by 2030 – just thirteen years from now. And of the 800

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Otaviano Canuto, World Bank: The Metamorphosis of Financial Globalisation

After a strong rising tide starting in the 1990s, financial globalisation seems to have reached a plateau since the global financial crisis. However, that apparent stability has taken place along a deep reshaping of cross-border financial flows, featuring de-banking and

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Robert J Shiller: Understanding Today’s Stagnation

Ever since the Great Recession of 2007-2009, the world’s major central banks have kept short-term interest rates at near-zero levels. In the United States, even after the Federal Reserve’s recent increases, short-term rates remain below 1%, and long-term interest rates

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Philippe Le Houérou, CEO of IFC: Redefining Development Finance

Complementing – and driving – World Bank President Jim Kim’s vision to transform the multilateral financier into an “honest broker” charged with mobilising and directing private capital towards developing countries, CEO Philippe Le Houérou of the International Finance Corporation (IFC,

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IFC: Energy Storage Can Open Doors to Clean Energy Solutions in Emerging Markets

For more than a hundred years, electrical grids have been built with the assumption that electricity has to be generated, transmitted, distributed, and used in real time because energy storage was not economically feasible . This is now beginning to

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