Sustainability
Back to homepageWorld 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
Read MoreWhy 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
Read MoreWorld Bank Policies Include Screening for Climate Risks
The World Bank Group has made a priority of helping countries adapt to and mitigate the risks of climate change, and it is increasingly viewing its lending through a climate lens. Over the past few years, it has started implementing
Read MoreNew 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
Read MoreWorld 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
Read MoreOECD: Achieving a Resilient Economic Recovery
The recovery from the Great Recession has been slow and arduous, and has at times threatened to derail altogether. However, the major advanced economies are finally gaining traction and momentum. Private-sector confidence is rebuilding. After years of weakness, investment and
Read MoreConnie Hedegaard, EU Commissioner for Climate Action: Breaking Europe’s Imported Fossil Fuels Addiction
Europe is by far the largest importer of fossil fuel in the world. Recent developments in Ukraine, Syria and Iraq highlight once again how vulnerable our economy is to price spikes, external energy shocks and other regimes’ wishes. Like a
Read MoreChristopher Colford: Speed Bumps Along the Road to Competitiveness
Egypt’s Self-Inflicted Limits on Economic Efficiency. It’s an axiom of economic policy: The future belongs to the efficient. In a relentlessly competitive global marketplace, those who manage to get just one step ahead of their rivals are destined to gain
Read MoreCFI.co Meets the CEO of Makhtag: Muhammad Halim Fidai
Former governor Muhammad Halim Fidai of the Wardak Province in Afghanistan is not impressed with the way his country is usually portrayed by the international media. In fact, Mr Fidai finds it incomprehensible that the media consistently downplays the significant
Read MoreUrban Energy Efficiency Key to Mexico’s Ambitious Goals for Energy and Low Carbon Growth
Mexico sees urban energy efficiency as critical for sustainable growth, livable cities and competitiveness Ministry of Energy rolls out national municipal urban energy efficiency program with World Bank support National program to include diagnostics of energy use in 30 cities
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