Finance

Annual SDG Review 2025: Financial inclusion in the Arab region

Nearly 65% of adults in the Arab region remain excluded from formal financial systems, according to a new report by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Annual SDG Review 2025 paints a sobering picture of persistent financial exclusion that is undermining the region’s ability …

Global monitoring report 2008: MDGs and the environment - agenda for inclusive and sustainable development

This report addresses the interrelated challenges of development and environmental sustainability. It assesses progress and priorities in the agenda to achieve the MDGs. It assesses the challenge of environmental sustainability and its implications for developing countries, and monitors progress at national and global levels to address the challenge. Based on …

Financing the stewardship of global biodiversity

The financial mechanism of the Convention on Biological Diversity (CBD), operated by the GEF, has assisted eligible countries to implement their commitments for achieving the objectives of this unique international legal instrument. Considering that most of the biological diversity is located in developing countries, the importance of the GEF to …

Economic and social survey of Asia and the Pacific 2008: sustaining growth and sharing prosperity

This report examines the region's key short and medium-term prospects and challenges in macroeconomic and selected social areas, especially from the point of view of minimizing human suffering; be it from economic hardships or social instability. The Survey also explores critical long-term development issues relevant to all developing countries in …

Investing in a climate for change: engaging the finance sector

Removing investment barriers and developing markets for renewable energy and energy efficiency is the core focus of UNEP's sustainable energy and climate finance work. Creating the climate for change details UNEP's sustainable energy finance activities as part of an overall approach to strengthening the progression of finance needed to carry …

International meet on Avian flu agree on a roadmap

the International Ministerial Conference on Avian and Pandemic influenza, conducted recently in New Delhi, came up with a New Delhi Road Map for 2008 for the 60 countries currently affected by the avian influenza virus h5n1, and the rest that are at risk. The roadmap, prepared by the government of …

News Snippets

>> E-bay, the world's largest online auctioneer, has launched a website that allows people to invest in loans that lift people out of poverty. The website, called MicroPlace, acts as a broker between ordinary investors and microfinance organisations. For as little as US $100, investors in the US will be …

Science against poverty

One doesn't usually associate medical and scientific journals with anti-poverty campaigns. But more than 200 such journals from 34 nations ran simultaneous articles on a range of poverty and development-related topics in their October issues. There are commentaries on microfinance programmes and health; China's health care system; health effects of …

Portrait of an insider as an enticer

This is the autobiography of a man whose job was to entice leaders of underdeveloped countries. In the 1970s John Perkins was an economic hit man, among those highly paid professionals who cheat developing countries of trillions of dollars by funnelling aid money into the coffers of transnational corporations. Fraudulent …

US banks under fire for investing in coal

An environmental group called on two us banks to stop underwriting a

ICMR to get more funds, power

the Union Ministry of Health and Family Welfare has set up a new department for health-related research. The unit aims at setting up a mechanism for coordination among government agencies to help achieve the goals set by the national health policy. The Department of Health Research will be autonomous. The …

Online: Northern response

www.worldbankcampaigneurope.org There has been lot of pressure on the World Bank of late. A recent tribunal in New Delhi recently came down heavily on the institution. Now it is been challenged by more than 70 European NGOs which say they "have fundamental concerns about the way the Bank operates'. The …

South Asia Sri Lanka hikes tax to fund war

Sri Lanka has raised taxes on a range of goods and services to meet its war expenses. Coming ahead the country's budget due in early November, the move is a stopgap measure to raise around Sri Lankan Rs 10 billion (US $88 million) to finance the country's renewed war against …

ADB officials quit protesting policies

four senior officials quit the Asian Development Bank (adb) in July this year over the dilution of environmental and resettlement policy, triggering a crisis at the bank. All the officials were part of the safeguard policy update core team and had been working to evolve a new safeguard policy statement. …

Problems continue for Bangalore Mysore expressway

on august 30, the Karnataka government passed a cabinet decision to invite global tenders for the Bangalore-Mysore Infrastructure Corridor Project. Following this, the war between the project's present developer, Bangalore-based Nandi Infrastructure Corridor Enterprise (nice), and the state government has become worse. The project is facing problems since its inception …

Andhra salt makers want recognition as farmers

"Why shouldn't salt-making be classed as agriculture?' asks R Potharaju. "Both require land, water and sunshine, and are subject to vagaries of nature,' he reasons. Potharaju is convenor of the Prakasam District Salt Farmers Forum. The forum believes that an official categorisation as agriculture would take care of the many …

Value added analysis for performance evaluation of TNSTC

Financial viability is perhaps the central theme of any business proposition. The terms financial management may be applied to any kind of undertaking or organization regardless of its aims or constitution. Therefore, proper financial management in Tamil Nadu State Transport Corporations (TNSTC) will help not only to provide greater return …

Role of credit insitutions in rural poverty alleviation : A study of Hisar district (Haryana)

Credit is one of the important inputs for rural development. The results will largely depend on the effective use of credit, and linkages developed with other requirements for the enterprise. The study on rural credit from various agencies such as commercial banks, regional rural banks, cooperative banks and District Rural …

Rural credit: Issues, contradictions and perspectives

The contradications of our rural credit system are somehow camouflaged by the "achievements" of disbursed targets and, of recent, by the success of programmes like doubling of agricultural credit. The time has come when we need to seriously look into the emerging possibility of zero-credit based organisation of production by …

Conditional cash transfer programs - A magic bullet for reducing poverty?

In 1997, the Government of Mexico introduced a conditional cash transfer (CCT) program called Programa de Education, Salud, Y Alimentacion (Progresa), providing assistance to about 300, 000 extremely poor households. The essential premise of a CCT program is a cash transfer to households, conditioned on their participation in health, nutrition, …

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