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G-7 to Help Emerging Economies Move Up Supply Chains for EVS, Solar Panels
Partnership with World Bank intended to develop manufacturing, cutting reliance on China.
- Categories
- Energy, Transportation
- Region
- Global
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Report: Around $258 Million Seed Emergency Food Aid: UN-Backed Report
The number of people who need urgent food, nutrition and livelihood assistance rose for the fourth consecutive year in 2022.
- Categories
- Agriculture
- Region
- Global
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Press Release: World Bank Group Launches Business Ready Project
The World Bank Group has begun work to assess the business and investment climate in up to 180 economies under its flagship Business Ready project.
- Categories
- Impact Assessment, Investing
- Region
- Global
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Press Release: IFC Establishes a Presence in Malaysia to Support Green, Resilient and Inclusive Growth
IFC has established a presence in Malaysia to support the country's efforts to foster greater sustainable, resilient, and inclusive economic growth.
- Categories
- Environment, Technology
- Region
- South Asia
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Chile’s Lithium Nationalization Shines Light on Emerging Tech
In Chile, DLE companies see a business opportunity despite the nationalization plans given that Boric's new state lithium company is expected to need technical support.
- Categories
- Energy, Technology, Transportation
- Region
- Latin America
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Chile Plans to Nationalize Its Vast Lithium Industry
The shock move in the country with the world's largest lithium reserves would in time transfer control of Chile's vast lithium operations from industry giants to a separate state-owned company.
- Categories
- Energy, Technology
- Region
- Latin America
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‘We Should Be Worried’: Finance Leaders Warn Rising Interest Rates Are Squeezing Low-Income Countries
Public debt burdens in developing countries have been exacerbated in recent years by back-to-back global crises.
- Categories
- Investing
- Region
- Global
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing