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Mobilizing Development Banks to Fight COVID-19
Both developed and developing countries urgently need large-scale funding to help maintain economic activity and jobs during the current pandemic. Fortunately, more than 400 development banks around the world can play a vital role in minimizing economic decline, supporting recovery, and financing structural transformation.
- Categories
- Coronavirus, Finance
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Southeast Asia’s Renewable Energy Transition Likely to Take Hit From COVID-19: Experts
Southeast Asian nations already struggling to meet climate change targets will find those goals further from reach, with the unprecedented health emergency becoming the principal priority and a major economic burden.
- Categories
- Coronavirus, Energy
- Region
- Asia Pacific
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Press Release: Mastercard Commits $250 Million To Support Small Business’ Financial Security
As part of the commitment, the company will provide U.S. small business owners with access to necessary resources to help protect their business and their employees through free cyber vulnerability assessments and identity theft protection for the 28 million small businesses eligible to participate in the Small Business Administration’s Paycheck Protection Program. Leveraging its data and insights, Mastercard will provide U.S. small business owners access to its Local Market Intelligence™ solution in order to help them understand consumer spending trends in their communities.
- Categories
- Coronavirus, Finance
- Region
- North America
- Tags
- financial health
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Press Release: Visa Foundation Commits $210 Million to Support Small and Micro Businesses and Immediate COVID-19 Emergency Relief
“Two hundred million dollars in new financial resources demonstrates our continuing commitment to support small and micro businesses, with a focus on women’s economic advancement globally,” said Graham Macmillan, President of the Visa Foundation. “When women thrive, communities thrive. We know this matters now more than ever as the global economy seeks to recover and rebuild.”
- Categories
- Coronavirus
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Facebook, Slack and Twitter Among Tech Companies Joining WHO to Launch COVID-19 Hackathon
Each participating company has committed resources for developers who apply. The site has received close to 20,000 submissions. Winning proposals will be announced on Friday, April 10.
- Categories
- Coronavirus, Health Care, Technology
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Viewpoint: Power in a Pandemic – Why Energy Access Matters During Coronavirus
Reliable, affordable electricity is needed to keep people connected at home and to run life-saving equipment in hospitals.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Why Africa is at Risk of a Coronavirus Catastrophe
The coronavirus pandemic spreading across the globe has been slow to spread through Africa, but public health experts are worried that what appears to be an inevitable outbreak on the world's poorest continent could become a catastrophe of unprecedented proportions.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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How Will COVID-19 Impact Foundation Grants?
At least $3 billion worth of grants to respond to the COVID-19 outbreak have been given by foundations, mostly to relief organizations, public health agencies, and medical research groups, according to Candid, a group working to provide intelligence to philanthropists.
- Categories
- Coronavirus