A new report from the Great Barrier Reef Marine Park Authority has dropped the outlook for the Great Barrier Reef from poor to very poor. Josh Thomas, the group’s CEO, says this is a ‘critical’ point in the Reef’s history, requiring urgent action on climate change if the Reef is to be saved.
A team of researchers led by Ma Jun, a special advisor to China’s central bank, says China’s Belt and Road Initiative could cause global temperatures to increase by 2.7C by 2050 if China does not introduce green policy controls on its funds.
The Kenya Medical Research Institute (Kemri) and its global health partners say a new cure for malaria could be available within the next two years after scientists successfully used bacteria to kill the parasite.
- Japan and African Development Bank announce $3.5 billion in support of Africa’s private sector development
Japan and the African Development Bank have announced a joint target of USD $3.5 billion ($1.75 billion each) for the period of 2020-2022 to spur private-sector-led sustainable and inclusive growth in Africa under the Enhanced Private Sector Assistance for Africa initiative (EPSA4).
The Asian Development Bank (ADB) has says it is ready to commit over USD $12 billion in lending to India over the next three years. The news was announced during a meeting between ADB president Takehiko Nakao and Indian Prime Minister Narendra Modi.
USAID has announced who will fill the key leadership positions at the agency now it has secured approval for ‘almost all’ of its reorganisation proposals.
The African Union and China have signed a memorandum of understanding (MoU) to increase collaboration in food safety and security on the African continent.
Japanese Prime Minister Shinzo Abe has announced the Sasakawa Association will work with the Japan International Cooperation Agency (JICA), to help double rice production in Africa to 50 million tonnes by 2030. The announcement came during the Tokyo International Conference on African Development (TICAD7) this week.
Related: Q&A: Africa’s new nutrition strategy
UBS has invested USD $225 million in the KKR Global Impact Fund. KKR Global Impact focuses on lower middle-market businesses (those with annual revenues from US$5 million to US$50 million) that touch on what it calls “global imperatives,” including mitigating and adapting to climate change and training workers to utilize new and emerging technologies.
The World Bank says it has opened an investigation into whether a $50 million loan it granted in 2015 for an education project in China’s Xinjiang region has been used to fund Muslim detention camps.
The Business & Human Rights Resource Centre (BHRRC) is calling on renewable energy companies to take action to address human rights abuses in their supply chains after publishing a report which found that 87% of the 23 largest companies mining the six minerals essential to the renewable energy industry have faced allegations of human rights abuse over the past decade.
The World Economic Forum previews what to expect at this year’s World Economic Forum on Africa in Cape Town this week.
A new study from the University of Geneva has identified 759 NGOs active in International Geneva, a far greater number than previously published figures. The majority of these NGOs are focused on peace, justice and human rights according to the study.
UNFPA officials have urged the USA to reinstate its funding to the agency to help protect the lives of women and girls who rely on the agency’s support. The Trump Administration has withheld funding for the agency due to the policy known as the ‘global gag rule’ which requires recipients of US aid to certify they do not provide abortions or abortion advice, leaving the UNFPA with an estimated shortfall in funds of USD $350 million over the next three years.
Karen l. Wu of Perlman & Perlman LLP outlines some of the things corporations should consider before deciding to establish a corporate foundation.