DfID to pump £735m into investment arm for private sector projects
The UK’s Department for International Development (DfID) is to invest an extra £735m over the next three years into the CDC Group, the British development finance institution that specialises in private sector funding. DfID is increasingly targeting private sector investment, which the international development secretary Justine Greening has said will help to end aid dependency […]
How private sources of development finance could be key to Asia’s future
As the world’s economic growth engine, Asia is uniquely placed to provide a blueprint for ending poverty and realising sustainable development. The challenge is not where to find resources to achieve these goals, but rather how to unlock the resources already available. Private sources of development financing should be central to this effort. Private investments […]
IMF Says Growth In Emerging Markets And Developing Economies Are Expected To Pick Up In 2016
According to a recent report from the International Monetary Fund (IMF), economic growth in emerging markets through calendar year 2016 will grow to 4.7 percent, driven by improvements in conditions in certain distressed economies, including Russia and economies in the Middle East and North Africa. The IMF is also forecasting that increases in global growth […]
What to expect from the Addis Ababa Financing for Development Conference
On Monday 13 July, world leaders will gather in Ethiopia’s capital, Addis Ababa, for the third Financing for Development summit (FFD3). On the agenda: work out where the money will come from to fund the two processes that start this year and aim to change the future for people and planet. As Jim Yong Kim, […]
Is India Really the World’s Most Attractive Economy for Investors?
Two years ago, India was an unhappy member of Morgan Stanley’s “Fragile Five,” a handful of emerging economies judged most vulnerable to tighter Federal Reserve policy and rising global bond yields. Since then, India’s oil bill has dropped, inflation has eased, gold imports have been curtailed, the trade deficit has narrowed — and in last […]
The power of collaboration: 6 success factors for private-NGO partnerships
Organizations from different sectors are increasingly recognizing the potential of greater cooperation to achieve positive change and improve the way that individual organizations can approach their work. This new outlook finds nongovernmental organizations identifying opportunities to work with private sector companies and, in turn, companies are seeing the benefits of greater engagement with civil society […]
Roads, railways, and research can stop global food waste
One-quarter of all the food in the world is lost each year, owing to inefficient harvesting, inadequate storage, and wastage in the kitchen. Halve that waste, and the world could feed an extra billion people – and make hunger yesterday’s problem. The extent of food loss is particularly galling in view of a new global […]