The International Monetary Fund (IMF) has announced it will provide USD $50 billion in support to countries hit by the COVID-19 coronavirus outbreak.
The World Health Organisation (WHO) has announced the last patient being treated for Ebola in Congo was discharged on Tuesday, signalling the 19-month-old outbreak is nearly at an end. The outbreak, which has killed 2,264 people, the second-worst Ebola outbreak in history, can be officially declared over once 42 days pass without a new case.
A new report from the World Bank shows the the world could achieve a ‘gender dividend’ of USD $172 trillion by closing gaps in lifetime labour earnings between women and men.
- Statement by IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass on the 2020 IMF-World Bank Group Spring Meetings
The International Monetary Fund (IMF) and World Bank have agreed a joint plan to adapt the 2020 IMF/World Bank Spring Meetings to a virtual format in response to the COVID-19 coronavirus threat.
With more and more organisers choosing to cancel or postpone upcoming conferences and events in response to the COVID-19 coronavirus outbreak, the global development community is taking stock of how these cancellations could impact work being done in the sector.
Climate campaigners are growing concerned the COVID-19 coronavirus outbreak could derail the vital COP26 climate talks scheduled for Glasgow in November of this year. This year’s talks are widely viewed as the most important climate talks since the Paris agreement in 2015 but activists are concerned that governments efforts to contain the spread of the virus will overshadow preparations for the talks.
Though the focus in the Pacific is on preventing the COVID-19 coronavirus arriving on their shores, Pacific Island Countries are bracing themselves for the potential arrival of the COVID-19 coronavirus, particularly in the wake of the recent measles outbreak which exposed to many the vulnerability of the region to infectious diseases.
US Lawmakers used a House appropriations subcommittee hearing to reject cuts to the US foreign aid budget proposed by the Trump Administration.
The UK development community is concerned British Prime Minister Boris Johnson is working to merge the Department for International Development (DFID) into the Foreign and Commonwealth Office (FCO) ‘by the back door’ after it emerged DFID missions in other countries are being instructed to report directly to Foreign Office ambassadors.
New climate finance analysis by WaterAid shows the majority of climate finance is not reaching those who need it most, with half of all countries receiving less than USD $5 per person a year in climate finance.
A new proposal put forward during talks on a global agreement to halt and reverse biodiversity decline could see wealth nations pay countries with life-sustaining ecosystems billions of dollars a year for the services those ecosystems provide to the planet.
EU leaders met with their counterparts in the African Union as the new European Commission leadership sought to set out its goals and priorities for the EU’s relationship with Africa over the next few years.
UNAIDs Executive Director Winnie Byanyima says the agency will ‘take stock, learn and become a stronger and better organisation’ after a tribunal ruled it had failed in its duty to deal adequately with complaints of staff harassment.
The US International Development Finance Corporation (DFC) is preparing to invest USD $5 billion in Ethiopia to support private sector reform.
The Investment Association, an investors group representing 250 members with £7.7 trillion under management, has set a three-year deadline for all UK-listed companies disclose how the climate emergency will impact their business.