The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Surat: The Surat Municipal Corporation (SMC) will begin the ambient air quality monitoring project to closely watch air pollution levels in the city. This project will be undertaken jointly with the World Bank, which will provide funds and expertise to control air pollution, especially particulate matter (PM) 10 level. The …
The World Bank on Monday praised India's success in renewable energy auctions that delivered record-setting low prices for solar power and said that the number of countries with strong policy frameworks for sustainable energy more than tripled — from 17 to 59 — in the eight years till 2017. Many …
The World Bank and South Korea on Friday signed a 3.8 million U.S. dollar grant agreement to facilitate development of cutting edge skills in scientific and technological fields in Sub-Saharan Africa. The World Bank said the grant is part of the 9 million dollar pledge by South Korea to support …
Kenyan and Tanzania are beneficiaries of a $2 million grant meant to improve law enforcement and strengthen co-operation between key ports in Africa and Asia to foil illegal wildlife trafficking. Although all African ports will benefit, Kenya's Mombasa port and Tanzania's Dar es Salaam have been singled out owing to …
Kenyan and Tanzania are beneficiaries of a $2 million grant meant to improve law enforcement and strengthen co-operation between key ports in Africa and Asia to foil illegal wildlife trafficking. Although all African ports will benefit, Kenya’s Mombasa port and Tanzania’s Dar es Salaam have been singled out owing to …
DUBLIN, Ireland – The Irish government is to contribute millions of euro to the replenishment of the Global Environment Facility Trust Fund (GEF). Ireland will contribute €5.73 million, paid in annual instalments, commencing this year and continuing until 2022. The GEF is a Fund managed by the United Nations and …
The Government of India, the Government of Jharkhand and the World Bank signed here today in New Delhi a $310 million Loan Agreement for Jharkhand Power System Improvement Project to provide reliable, quality, and affordable 24x7 electricity to the citizens of Jharkhand. The Jharkhand Power System Improvement Project will help …
Sardar Vallabhbhai Patel is often thought of as the inspiration for the Sardar Sarovar dam which faced a lot of environmental and humanitarian protests India’s Prime Minister Narendra Modi will today inaugurate the world’s largest statue, the Statue of Unity in Gujarat. At 182m tall (240m including the base), it …
The number of Kenyans living below the poverty line has significantly fallen over the past decade, though regional disparities remain, the World Bank said in a report Tuesday. The share of the population living under the international poverty line in the African nation fell from 46.8 percent to 36.1 percent …
Human capital is recognised as the level of education and health in a population and is considered an important determinant of economic growth. The World Bank has called for measurement and annual reporting of human capital to track and motivate investments in health and education and enhance productivity. We aim …
PUNE: Eminent ecologist-scientist Madhav Gadgil on Monday urged the state government not to suppress the Zoning Atlas report, especially for the Konkan region that is witnessing an industrial boom. Zoning Atlas for industries is a process that can help mark the pollution index in a region. It cites the areas …
The World Bank, the United Nations and partners on Sunday launched the Famine Action Mechanism (FAM), the first global initiative dedicated to preventing famine. The mechanism, with the support of global technology companies, including Microsoft, Google and Amazon Web Services, seeks to change the status quo of delayed response and …
The World Bank Group announced on Wednesday the creation of PROBLUE, a new multi-donor trust fund that will support healthy and productive oceans by tackling marine pollution, managing fisheries and fostering the sustainable growth of coastal economies. PROBLUE, which was announced on the sidelines of the U.N. General Assembly, supports …
Himachal Pradesh is going to be the first state in India to get its climate-smart agriculture (CSA) profile done. Regional program leader of the Climate Change, Agriculture and Food Security (CCAFS) Dr Pramod Aggarwal said that that they had collaborated with the World Bank to prepare CSA profiles of 20 …
The installed power generation capacity in India has risen to 344 GigaWatts (GW) and its energy deficit, which stood at over 4 per cent in 2014, has shrunk to less than one per cent in 2018, an official release said on Wednesday. NITI Aayog CEO Amitabh Kant made a presentation …
Nigeria has approved a $150 million loan from the World Bank to help eradicate polio and scale up immunization, Finance Minister Kemi Adeosun said on Wednesday. After a global effort to wipe out polio, there were just 22 cases on earth last year, down from 350,000 30 years ago, according …
The US govt has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank The Trump administration has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power …
The World Bank has stated that it has exceeded its financing target in new energy for Nigeria and other developing countries. In its latest report, the bank stated that 32.1 per cent of its financing had climate co-benefits, already exceeding the target set in 2015 while 28 per cent of …
In a two-year investigation of a REDD+ pilot project, a team of researchers spoke with more than 450 households affected by the establishment of a large protected area called the Ankeniheny-Zahamena Corridor, a 3,820-square-kilometer (1,475-square-mile) tract of rainforest in eastern Madagascar. The REDD+ project, supported by Conservation International and the …
TOKYO, Japan - Dealing with a very real impact of climate change, the Asian continent has been experiencing weather extremities over the last two months that has caused widespread death and devastation in multiple countries. Extreme weather conditions hammering parts of Asia, have left the region grappling with death and …
