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4 May 16
Climate risk insurance requires a strong and sustained public finance element if it is to reach the poorest people most affected by climate change, a report by Results UK argues.
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4 May 16
Risk financing mechanisms can be used to help absorb some of the shocks and costs of climate change
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3 May 16
The new Asian Infrastructure Investment Bank has secured another co-financing deal with a well-established counterpart, the Asian Development Bank.
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28 Apr 16
A $2bn and rising funding gap threatens to hamper the global response to the El Niño weather pattern, the United Nations warned ahead of an appeal meeting earlier this week.
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28 Apr 16
South Sudan’s rebel leader Riek Machar has been sworn in as vice president, marking a significant milestone in plans for a national unity government that were almost derailed last week.
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26 Apr 16
The European Commission has proposed an additional €414m to alleviate food crises sparked across the globe by a strong El Niño.
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25 Apr 16
India’s government seems “reluctant” to solve its affordable urban housing crisis, with luxury real estate and development projects prioritised over the housing needs of poorer people, a United...
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22 Apr 16
The Asian Development Bank saw record demand for its resources in 2015, according to its annual report, as countries in the region sought to boost sluggish growth, reduce inequality, and tackle...
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22 Apr 16
A new local government institute is to help build the public financial management capacity of local authorities in Rwanda.
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19 Apr 16
China is by far the largest new international aid donor, accounting for 70% of non-traditional funds for some of the world’s poorest countries, a report by the UK’s Overseas Development Institute has...
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15 Apr 16
Childhood malnutrition and stunting should be treated as a development and economic emergency, the World Bank and UNICEF said as they urged world leaders to step up their investments in nutrition.
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15 Apr 16
Communities all over Africa are being inspired to track public money and capture their fair share
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13 Apr 16
Donor countries spent $12bn of aid money on refugees hosted in their own countries last year, almost double the amount spent in 2014, according to figures released by the OECD today.
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12 Apr 16
Resistance to radical change within the United Nations and other large NGOs is hampering the ability of the humanitarian system to help victims of modern crises, the Overseas Development Institute...
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7 Apr 16
Russia’s economy faces a “long journey to recovery” from a recession that wiped 3.7% off its GDP in 2015 and could undo almost a decade’s worth of poverty-reduction gains, according to the World Bank...
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7 Apr 16
Somalia and Angola have both begun discussions with the International Monetary Fund for support as their economies struggle under the weight of tumbling oil prices and insecurity respectively.
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6 Apr 16
The International Monetary Fund has welcomed Rwanda’s plans to shelve non-priority spending and dampen demand for imports as low commodity prices deal a hard blow to revenues.
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6 Apr 16
The European Commission has announced a €100m development package to address the root causes of irregular migration and forced displacement in Sudan.
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4 Apr 16
The US development agency USAID has announced almost $68m worth of additional humanitarian aid for Sudan, which has the third highest prevalence of malnutrition worldwide.
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4 Apr 16
The African Development Bank has announced a $549m package to respond to severe drought across eastern and southern Africa.
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4 Apr 16
Ukraine’s economy could turn around from a 10% contraction last year to 1% growth this year if the government can make progress on reforms, the World Bank has said.
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4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
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1 Apr 16
The monitoring of public money used to leverage private sector investment in development could be enhanced through greater harmonisation between different actors, delegates at the Overseas...
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31 Mar 16
The International Monetary Fund has announced it will close its office in Nicaragua in August as the country’s economy has stabilised following two decades of close supervision.
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31 Mar 16
New Zealand’s first real rise in benefits in almost half a century is to come into effect tomorrow, according to social development minister Anne Tolley.