World Bank Group

East Asia and Pacific: Technology, Reforms, and Cooperation Pathways to Future Prosperity

Washington DC, April 24, 2025— In 2024, East Asia and Pacific (EAP) outpaced most regions in economic growth. To sustain this momentum and generate jobs, EAP countries must navigate global uncertainty and tackle long-term challenges tied to shifting global integration, climate change, and demographic trends. In its 2025 Regional Economic Update, the World Bank projects that growth in EAP will slow down to 4.0 percent in 2025, compared … Continue reading East Asia and Pacific: Technology, Reforms, and Cooperation Pathways to Future Prosperity

UNDP joins Global Network to help countries cope with climate change impacts

UNDP joins Global Network to help countries cope with climate change impacts

UNDP’s membership in the Santiago Network will strengthen support for communities facing unavoidable climate change consequences News Release – April 23, 2025 – Geneva, Switzerland. 23 April 2025 – The United Nations Development Programme (UNDP) is pleased to announce its membership in the Santiago Network, a global initiative that connects technical experts and organizations dedicated to helping vulnerable countries and communities confront the irreversible impacts of … Continue reading UNDP joins Global Network to help countries cope with climate change impacts

How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

In Nairobi’s Westlands tech hub, an AI engineer squints at his computer screen, awaiting a shipment of GPUs ordered four months ago from Shenzhen, China. With each passing week, the container’s journey across trade bottlenecks feels less like a logistical hiccup and more like a casualty of geopolitical conflict. Around him, the hum of ambition is increasingly muffled by something Africa didn’t start—but must now … Continue reading How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

AI’s Environmental Impact: A Growing Concern

AI’s Environmental Impact: A Growing Concern

The rapid development of artificial intelligence (AI) brings numerous economic benefits, but a recent study by the International Monetary Fund (IMF) sheds light on a critical issue: the environmental impact of AI on our climate. As AI technologies continue to proliferate in various sectors, from tech to finance and healthcare, the associated energy consumption raises serious concerns about sustainability. The IMF report projects that AI … Continue reading AI’s Environmental Impact: A Growing Concern

Green and Social Bond Impact Report - FY24

Green and Social Bond Impact Report – FY24

Download Report IFC’s annual Green and Social Bond Impact Report publishes a list of projects in emerging markets that have been funded through the proceeds of our green and social bonds. Green and social bonds are an integral component of IFC’s borrowing strategy, facilitating the financing of projects that drive positive social outcomes and contribute to a greener, more sustainable future. The report sheds light … Continue reading Green and Social Bond Impact Report – FY24

EEA launches 'Our environment : Our future' campaign

EEA launches ‘Our environment : Our future’ campaign

Do you have a story to share about how you made a positive difference, improving our environment and helping to build a more sustainable future? Then why not submit it and take part in the European Environment Agency’s (EEA) ‘Our environment : Our future’ outreach campaign? Tell us about Europe’s environment through your actions and in your own words.  Press release – 07 Apr 2025 … Continue reading EEA launches ‘Our environment : Our future’ campaign

Research and Transfer Project “Impact Hub” Explores Untapped Potential in Germany’s Integrated Peace Engagement

Research and Transfer Project “Impact Hub” Explores Untapped Potential in Germany’s Integrated Peace Engagement

Michaela Grün Abteilung für HochschulkommunikationEuropa-Universität Viadrina Frankfurt (Oder) How can German integrated peace engagement leverage its full potential with greater impact – both in principle and in light of a fundamentally shifting global conflict landscape? This question is at the heart of the newly established “Impact Hub: Enhancing the Impact of Integrated Peace Engagement”, which is funded by the Federal Foreign Office and the Robert Bosch … Continue reading Research and Transfer Project “Impact Hub” Explores Untapped Potential in Germany’s Integrated Peace Engagement

GOGLA and IKEA

GOGLA and IKEA Foundation unveil new resources to enhance off-grid solar’s climate impact

Press Release – Barbados, 13th March 2025 – Today, at the Sustainable Energy for All Global Summit, GOGLA, the global association for the off-grid solar energy industry, launched three key resources to better evaluate and enhance off-grid solar technologies’ contribution to climate resilience and adaptation: Off-Grid Solar Resilience and Adaptation Framework (beta version),  Off-Grid Solar Resilience and Adaptation Sector Guidance, and the  Powering Climate Resilience: … Continue reading GOGLA and IKEA Foundation unveil new resources to enhance off-grid solar’s climate impact

FICO

FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Consumers are still prioritising paying off credit card bills post-pandemic News Release – LONDON–(BUSINESS WIRE)–Mar. 31, 2025– Global analytic software leaderFICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as … Continue reading FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments