This article is published in association with United Nations. Last month saw another extreme weather milestone with the world’s hottest day on recent record registered on 22 July – yet another indication of the extent to which greenhouse gas emissions from human activities are changing our climate, the World Meteorological Organization (WMO) reported on Wednesday. Global average […]Another month, another heat record broken: UN weather agency
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. Last month saw another extreme weather milestone with the world’s hottest day on recent record registered on 22 July – yet another indication of the extent to which greenhouse gas emissions from human activities are changing our climate, the World Meteorological Organization (WMO) reported on Wednesday. Global average […]EBRD lends US$ 60 million to Kazakhstan’s Bank CenterCredit
August 8, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is promoting greater use of green technologies and creating growth opportunities for small firms in Kazakhstan by providing a financial package of US$ 60 million (€55.3 million) to the country’s major private lender, Bank CenterCredit (BCC). The package […]GSMA highlights Pakistan’s digital progress and potential to spur accelerated economic growth
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. Islamabad, 7th August 2024: Pakistan is poised to unlock its economic potential through accelerated digital transformation, according to a new report, “Realising Pakistan’s Aspiration to become a Digital Nation,” launched today by the GSMA at its Digital Nation Summit Islamabad. The report underscores the country’s significant strides […]GSMA highlights Nigeria’s AI-driven path to economic growth and climate impact
August 8, 2024 by Leave a Comment
This article is published in association with GSMA. Agriculture and energy are among key sectors of AI opportunity in Nigeria as the African continent looks to untap almost $3 trillion of potential value by harnessing the new technology effectively 7th August 2024, Lagos: The GSMA has identified Nigeria as a pivotal player in the advancement of […]Make your own sustainable beauty brand with SELFNAMED
August 8, 2024 by Leave a Comment
This article is brought to you in association with EBRD. With more than 40,000 users in Europe alone, SELFNAMED, an innovative self-service platform for eco-friendly white-label cosmetics, is making a significant impact on the industry. With ambitious plans to expand into the US, this is only the beginning. As part of MÁDARA Cosmetics Group, Latvia’s leading […]WHO chief convenes expert meeting on mpox spread
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. The head of the World Health Organization (WHO) called for an emergency meeting on mpox following its spread outside the Democratic Republic of the Congo (DRC). In light of the situation, and the potential for further international spread within and outside Africa, WHO Director-General Tedros Adhanom Ghebreyesus […]Zimbabwe faces worsening food crisis due to El Niño droughts
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. A new report from the UN aid coordination office (OCHA) reveals that food insecurity levels in Zimbabwe are rapidly deteriorating after it was hit with historic droughts due to the El Niño weather pattern. This comes just two months after UN humanitarians declared Zimbabwe as one of […]Sudan: Over a dozen more areas at risk of famine as fighting impedes aid
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. With famine confirmed in the Zamzam displacement camp in Sudan’s North Darfur, there are growing concerns that similar crises may be unfolding in other nearby camps, an official with the UN emergency food relief agency (WFP) said on Wednesday, in an interview with UN News. The Zamzam […]WHO regional chief voices grave concern over Middle East escalation
August 8, 2024 by Leave a Comment
This article is published in association with United Nations. Recent developments in Gaza, the wider Middle East, and Sudan, have highlighted the complexities of emergencies in the World Health Organization’s (WHO) vast Eastern Mediterranean region, officials from the UN agency said during a virtual media briefing on Wednesday. The past two weeks have seen a variant […]Bangladesh at a crossroad, says senior UN official
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. The resignation and departure of the Bangladeshi Prime Minister after weeks of bloody protests has been met with “euphoria” alongside some concern over the government’s transition, the UN’s top official in Bangladesh said in an interview with UN News on Tuesday. “Young people and people from every […]Historic first medal for Refugee Olympic Team
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. Cindy Ngamba has made history by becoming the first ever refugee athlete guaranteed to receive an Olympic medal – the colour yet to be determined – following a dominant quarter-final boxing match at the Paris Games on Sunday. The 25-year-old was the first boxer to qualify for […]UN Special Adviser urges States to hold perpetrators of genocide accountable
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. The UN Special Adviser on the Prevention of Genocide is urging States hosting fugitives to prosecute or extradite them for international crimes in a statement released on Monday, which highlighted the 1994 Rwandan genocide and the 1995 Srebrenica genocide. “Only when all perpetrators have been held into account […]COVID-19 making worrying comeback WHO warns, amid summertime surge
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. COVID-19 infections are surging worldwide – including at the Olympics – and are unlikely to decline anytime soon, the World Health Organization (WHO) warned on Tuesday. The UN health agency is also concerned that more severe variants of the coronavirus may soon be on the horizon. “COVID-19 […]Humanitarians urge Security Council to stop ‘freight train of suffering’ in Sudan
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. Two senior UN officials appealed to the Security Council on Tuesday for more resources and greater humanitarian access in Sudan, where people are literally dying of hunger as the war between rival militaries rages on. Edem Wosornu of the UN humanitarian affairs office, OCHA, and Stephen Omollo, […]UN chief warns of nuclear ‘danger’ as world remembers Hiroshima; urges elimination of weapons
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. The UN Secretary-General called for nuclear disarmament on Tuesday as the world marked 79 years since the bombing of Hiroshima, promising that the UN will “spare no effort to ensure the horrors of that day are never repeated.” On 6 August 1945, the United States dropped a […]EBRD promotes renewable energy in Tunisia
August 7, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) and the French development agency, Proparco, are promoting the green transition of Tunisia by financing the construction and operation of two solar photovoltaic power plants in the areas of Tozeur and Sidi Bouzid. The EBRD’s financing package consists […]Nurturing hope and leadership among Gaza’s young people
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. “My message to the world is how important it is to strengthen the role of youth in societies and to invest in their potential,” said 23-year-old Sarah Al Shamali from Gaza City, ahead of International Youth Day, marked annually on 12 August. A volunteer with Sharek Youth Forum, […]Heat claims more than 175,000 lives annually in Europe, latest data shows
August 7, 2024 by Leave a Comment
This article is published in association with United Nations. A staggering 175,000 people die from heat-related causes every year in Europe and that figure is set to soar in line with our steadily warming planet. That’s the warning from the UN World Health Organization (WHO), which said on Friday that European countries are seeing temperatures rise […]EBRD, donors and Crédit Agricole Egypt boost green investments in Egypt
August 6, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in Egypt with a loan of US$ 20 million (ca.€18.5 million equivalent) to Crédit Agricole Egypt, one of Egypt’s largest commercial banks and a subsidiary of Crédit Agricole Group. The loan, […]EBRD supports rollout of EV charging infrastructure in Poland
August 6, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €20 million to European charge point operator Allego to finance the construction of EV charging stations in Poland. The EBRD financing will enable Allego to benefit from support from the CEF-Transport Alternative Fuels Infrastructure Facility in decarbonising […]InvestEU: EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain
August 6, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Matrix Renewables have signed a €50 million green loan to support the design, construction, and operation of 5 solar photovoltaic plants with an installed capacity of 240 MW located in the regions of Castilla y Leon and Extremadura in Spain. […]Israel: Amid reports of torture inside jails, rights experts call for end to impunity
August 6, 2024 by Leave a Comment
This article is published in association with United Nations. Reports of alleged torture and sexual violence in Israel’s Sde Teiman prison represent “the tip of the iceberg”, UN independent human rights experts warned on Monday, calling for swift action to end impunity surrounding reports of violations against Palestinian detainees. “Israel’s widespread and systemic abuse of Palestinians […]Middle East: UN rights chief warns against wider war, appeals for urgent de-escalation
August 6, 2024 by Leave a Comment
This article is published in association with United Nations. The UN High Commissioner for Human Rights called on Monday for an urgent de-escalation in the Middle East as tensions mount in the wake of recent deadly attacks linked to the war in Gaza, which is about to enter its 10th month. “I am deeply worried about […]TikTok commits to permanently withdraw TikTok Lite Rewards programme from the EU to comply with the Digital Services Act
August 6, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission has made TikTok’s commitments to permanently withdraw TikTok Lite Rewards programme from the EU binding. These commitments have been submitted by TikTok to address the concerns raised by the Commission in the formal proceedings opened against TikTok on 22 April and […]Public Investment Management: Identifying Bottlenecks, Trends, and What to Do About Them
August 6, 2024 by Leave a Comment
This article is published in association with IMF. Ian Hawkesworth, Eivind Tanberg, Kubai Khasiani, Amitabh Tripathi, Jeffrey Lam 43 officials from 19 countries participated in a regional workshop in Nairobi, Kenya in February 2024. It was organized by the IMF’s Fiscal Affairs Department and supported by the IMF’s regional technical assistance centers in Africa. The workshop […]Cerberus, EBRD and IFC finalise acquisition of Poland’s VeloBank
August 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. An affiliate of Cerberus Capital Management L.P. (Cerberus), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC – member of the World Bank Group) announce today the successful completion of the acquisition of 100 per cent of shares in VeloBank from […]EBRD invests in sustainability-linked Eurobond for Türkiye’s Ulker
August 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing up to US$ 90 million (€83 million) in a sustainability-linked Eurobond (SLB) issuance by Türkiye’s Ulker Biskuvi Sanayi, one of the country’s leading snack brands. The SLB is part of a larger issuance totalling up to […]Spain: EIB and Haizea sign €35 million green loan boosting European wind energy sector component manufacturing
August 5, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Haizea Wind Group, a Spanish company specialising in the manufacture of components for the wind energy sector, have signed a €35 million green loan. The loan will enable Haizea to implement advanced manufacturing technologies, automate and digitalise processes and move forward […]Gaza: ‘Frightening increase’ in Hepatitis A cases
August 5, 2024 by Leave a Comment
This article is published in association with United Nations. UN agencies warned on Friday of the high risk of the further spread of infectious diseases in Gaza, amid chronic water scarcity and no way to adequately manage waste and sewage. “People in Gaza are facing yet another peril: Hepatitis A is spreading including among children,” Philippe […]Humanitarians call for greater support for Sudan following famine declaration
August 5, 2024 by Leave a Comment
This article is published in association with United Nations. Humanitarians appealed on Friday for more resources for war-ravaged Sudan and unimpeded access to people in need, now that famine has been confirmed in parts of the country. A $2.7 billion plan to support nearly 15 million people this year is less than a third funded, resulting […]UN envoy urges action to address ‘growing risk of a serious escalation’ in the Middle East
August 5, 2024 by Leave a Comment
This article is published in association with United Nations. The top UN envoy in the Middle East called on Friday for urgent action to address the “growing risk” of regional escalation following recent deadly attacks in Lebanon, the Syrian Golan Heights and Iran linked to the war in Gaza. Tor Wennesland, UN Special Coordinator for the […]The orange economy: Where creativity fuels prosperity
August 5, 2024 by Leave a Comment
This article is published in association with United Nations. What happens when you blend creativity, cultural heritage and economic growth? Up pops the vibrant world of an orange economy, also known as the creative economy. But, what exactly is it, and how does it foster peace, accelerate sustainable development and empower communities? The former Colombian culture […]Statement by Executive Vice-President Vestager on the announcement by IAG to withdraw from proposed acquisition of Air Europa
August 5, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission takes note of IAG’s announcement that it has decided to terminate its agreement with Globalia according to which IAG intended to acquire sole control over Air Europa. IAG owns several airlines, including Iberia and Vueling, and is the largest airline operator […]
