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Press Release: Asian Development Bank, KfW Partner To Boost COVID-19 Response and Financial Inclusion in Indonesia
The Asian Development Bank (ADB) and KfW, the German state-owned development bank, today signed agreements for €450 million (about $525 million) in cofinancing to improve Indonesia’s coronavirus disease (COVID-19) pandemic response and enhance financial inclusion in the country.
- Categories
- Coronavirus, Finance, Investing
- Region
- South Asia
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Viewpoint: Impact of COVID19 on International Development Assistance System
The COVID-19 pandemic crisis has hit many developing countries hard and threatens the realisation of the UN Sustainable Development Goals (SDGs).
- Categories
- Coronavirus, Finance, Impact Assessment
- Tags
- poverty alleviation, SDGs
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Asian Development Bank Supports Philippines Financial Inclusion Reforms With $300 Million Loan
ADB’s Inclusive Finance Development Program, Subprogram 2, is supporting reforms to help the government reach targets linked to the National Strategy for Financial Inclusion.
- Categories
- Finance
- Region
- South Asia
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Analysis: Shielding the Poor From the COVID-19 Pandemic in India
India needs specific safety net schemes in the short term and agricultural interventions in the long term.
- Categories
- Agriculture, Coronavirus
- Region
- Asia Pacific
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The Case for Stakeholder Dividends: Why It’s Time for the Financial Sector to Put Its Money Where Its Mouth Is
While the financial devastation of COVID-19 may remind America's working families of the 2008 crisis, Peter Tufano and Timothy Flacke at Commonwealth argue that this time, banks can be the heroes rather than the villains. They explain why this will require banks to make a pivotal choice between enriching their shareholders and supporting their stakeholders – including the country's most vulnerable customers.
- Categories
- Coronavirus, Finance
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Poverty Alleviation Efforts Are Shaping the Success of Environmental Targets
Social protection programs can facilitate progress towards the Sustainable Development Goals (SDGs) but can also create trade-offs across divergent social and environmental goals that can undermine their effectiveness, say the authors of new research published in the journal PNAS. This is one of the largest studies on the sustainability implications of social protection, funded by the Grantham Centre for Sustainable Futures at The University of Sheffield.
- Categories
- Environment
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Interview: Rwanda Harnesses Technology to Fight COVID-19, Drive Recovery
In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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Analysis: Zimbabwe Hopes Rural Electrification Can Stop Deforestation. Here’s Why It Might Not Work
Researchers say bigger issues — poverty, corruption, inequality — can undermine rural energy programs if unaddressed.
- Categories
- Energy, Environment, Investing, Technology
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