Report cites climate-linked rise in disasters
A new report found disasters due to weather may force nearly 162 million people to seek humanitarian aid by 2030, almost 50% more than in 2018.
World Bank Group
Founded in 1944, the Washington-based World Bank Group provides financial and technical assistance to developing countries around the world. Its mission is to fight poverty and to help people help themselves and their environment.
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Mixed progress cited with 1995 gender goals
Leaders at a high-level U.N. meeting lamented the world's slow progress over the past quarter-century for advancing the rights of women and girls.
Leaders seek 'quantum leap’ for vaccines
More than 30 nations pledged to help 10 international organizations raise US$35 billion for fast-tracking coronavirus tests, medicines and vaccines.
Organizations call on G-20 to cancel debts
Four anti-poverty international organizations called on G-20 finance ministers to cancel debts in poor nations so they can deal with the COVID-19 pandemic.
Eight candidates in running for WTO chief
Eight contenders from Britain, Egypt, Kenya, Mexico, Moldova, Nigeria, Saudi Arabia and South Korea have until September 7 to campaign for the job of WTO chief.
Global e-waste rises 21% in 5 years and is predicted to double by 2030
A big problem, the organizations say, is that collection and recycling programs don't keep pace with the rising pollution.
Candidates vie to become next WTO chief
The embattled WTO shifted to selecting a new director-general in an expected race between candidates from Mexico, Africa and Europe.
Coalition offers schools reopening advice
Humanitarian organizations offered guidelines to help 1.5 billion students who face "an unprecedented risk" if the pandemic keeps schools closed for long.
AfDB announces $10 billion virus plan
The African Development Bank Group launched emergency measures to provide up to $10 billion in credit for those struggling with the coronavirus pandemic.
G-20 pledges $5 trillion to fight virus
G-20 major economies promised to spend more than $5 trillion to prop up the global economy and hasten recovery from the pandemic.
WHO and foundations launch virus fund
WHO and two international foundations launched a first-of-its-kind fund to help vulnerable populations and weak health systems cope with the pandemic.
U.N. warns of $2 trillion in economic losses from coronavirus
Trade economists who advise the U.N. said COVID-19 could push nations into recession and depress global annual growth.
UNCTAD sees $50 billion exports drop
The global coronavirus outbreak likely caused a $50 billion decline in manufacturing exports from China in February alone.
G-7 pledges to fight new coronavirus risks
G-7 finance chiefs vowed to safeguard their economies from the coronavirus outbreak, but did not offer specifics about what they might be prepared to do.
Bond for financing development shows confidence in organizations
The World Bank's benchmark bond was set at its tightest spread to U.S. treasuries in the organization's history.
World Bank warns of crippling debt accumulation among 100 countries
Historically low global interest rates fueled the debt run-up but lowered the immediate risk of another financial crisis.