World Bank Approves Investments to Boost Indonesia’s Economic Growth and Access to Clean Energy

Press Release – Washington, D.C., June 15, 2025 – The World Bank approved two significant investments for a total blended finance package of US$2.128 billion to create jobs, boost economic growth and improve clean energy access across Indonesia. These are the first projects approved in support of the new Indonesian Government’s announced goal of reaching high-income status by 2045. The US$1.5 billion policy reform program (Indonesia … Continue reading World Bank Approves Investments to Boost Indonesia’s Economic Growth and Access to Clean Energy

Impact Newswire23/06/202523/06/2025Leave a comment

Europe

Bosnia and Herzegovina To Boost Energy Security, Jobs with World Bank support

WASHINGTON, May 5, 2025—The World Bank’s Board of Executive Directors approved on May 1st a EUR 79.90 million loan and a EUR 2.89 million grant to support Bosnia and Herzegovina’s National Energy and Climate Plan, enhance energy independence, foster new job opportunities, and strengthen local economies in former coal regions. The Just Transition in Select Coal Regions of Bosnia and Herzegovina Project will help repurpose post-mining lands … Continue reading Bosnia and Herzegovina To Boost Energy Security, Jobs with World Bank support

Impact Newswire12/05/202512/05/2025

Asia, Europe

UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Indian Prime Minister Narendra Modi and his British counterpart Keir Starmer on May 6 announced the conclusion of a long-awaited Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant step forward in bilateral ties. The agreement is expected to strengthen the India-UK Comprehensive Strategic Partnership by easing trade barriers, promoting investment, and creating a more predictable business environment. PM Modi said the … Continue reading UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Impact Newswire07/05/202507/05/2025

Global

The Impact of Artificial Intelligence on the Future of Work: What Lies Ahead

As advancements in artificial intelligence (AI) continue to unfold, the discussion about its implications for the job market has gained momentum. Will AI render a large segment of the workforce obsolete, or will it create more opportunities than it displaces? The International Labour Organization (ILO) offers a balanced perspective, suggesting that while certain jobs may be at risk, new roles will emerge alongside these changes. … Continue reading The Impact of Artificial Intelligence on the Future of Work: What Lies Ahead