Sustainability
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World Economic Forum Opens in Davos: Sharing and Caring
Davos – Over 2,600 of the world’s most notable people have ascended to Europe’s highest mountain town for a series of meetings that aim to address “key issues of global importance.” Nestled at 1,560m above sea level in a picture-perfect
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Nordea’s Sasja Beslik on Davos 2015: Rising Inequality Unsustainable, Inclusiveness Answer
Davos – A participant of earlier World Economic Forum (WEF) meetings in Davos, Sasja Beslik, head of Responsible Investment and Governance at Nordea Investment Funds, applauds the attention awarded to rising income and wealth inequality at this year’s get-together in
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UNCDF: A Roadmap for Financial Inclusion
Nephathli is a man from Lesotho, formerly a mineworker in South Africa. His family’s main source of income is the profit made on the sale of chickens and eggs. Nephathli’s income varies from month to month depending on how many
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Change the Economy – Save the World
By Christoph Greil, PhD student of public international law at the University of Vienna. A call for a more social and ecologically sustainable economic system: Capitalism does not offer a way to achieve the Sustainable Development Goals (SDGs). Therefore, a
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Fishing for a Sustainable and Equitable Future in the Pacific
World Bank approves US$32.97 million for regional fisheries program. The World Bank’s Board of Executive Directors today approved US$32.97 million in International Development Association (IDA) grants and credits to support the Pacific Islands Regional Oceanscape Program (PROP) – a regional
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World Bank Approves Financing for Nepal Grid Solar and Energy Efficiency Project
The World Bank today approved a US$130 million credit for the Nepal Grid Solar and Energy Efficiency Project to help address Nepal’s energy shortages that are a major constraint to economic growth and overcoming poverty. The project intends to increase
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World Bank Supports Greater Resilience to Climate Related Hazards in Mozambique
The World Bank Board of Executive Directors approved today an International Development Association (IDA)* financing in the amount of US$50 million to support climate change related reforms agreed upon between the Government of Mozambique (GoM) and the World Bank under
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World Bank: Transforming the Economy to Achieve Zero Net Emissions
To stabilize warming at less than 2 degrees Celsius, as the international community agreed in 2009, the world will have to cut greenhouse gas emissions to net zero before 2100. Economic policy will be the key to mobilizing that global
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UN-Backed Project to Help Colombian Farmers Move Away from Illicit Crops Towards Fair Trade Chocolate
A sweet new partnership between the United Nations, the Colombian and Austrian Governments and a renowned chocolate manufacturer is slated to bring free-trade practices and a critical source of income to Colombian farmers who have long relied on revenues from
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World Bank Commits over $1 Billion to Bangladesh
WASHINGTON – The World Bank today approved approximately $1.1 billion for three projects in Bangladesh that would benefit almost 36 million people by improving the quality of primary education, building coastal communities’ resilience to natural disaster, and increasing the nutrition and
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