More #political #hypocrisy:
So, the #WorldBank has been happily supporting #fossilfuel business via trade financing even as it claims it is pushing for a #greentransition.
Somehow, the #energy firms keep getting their fingers into the pot of state (and global) economic support... its almost like they had good connections & were effective lobbyists.
Anyone who thinks shifting to alternate #energy sources will be easy might want to look back to #tobacco for the fossil fuel playbook!
#political #hypocrisy #WorldBank #fossilfuel #GreenTransition #energy #tobacco
MAN JUST STFU and deal with it! #Uganda #News #Africa #Homosexuality #Homophobia #Africans #Ugandans #Politics #WorldBank #US #Biden #Ghana #Kenya #Tanzania #LGTBQ 👉🏽 https://tinyurl.com/cujab94b
#uganda #news #Africa #homosexuality #homophobia #africans #ugandans #politics #WorldBank #us #biden #Ghana #Kenya #Tanzania #lgtbq
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Editorial by Nature [1] on the #OpenLetter to combat global #inequality to the #UN secretary general and #WorldBank president (https://equalshope.org/index.php/2023/07/17/setting-serious-goals-to-combat-inequality )
From the open letter:
"We are living through a time of extraordinarily high economic inequality. Extreme #poverty and extreme wealth have risen sharply and simultaneously for the first time in 25 years. Between 2019 and 2020, global inequality grew more rapidly than at any time since #WW2."
#openletter #inequality #un #WorldBank #poverty #ww2
If you are involved in emerging markets finance in any way, please let me know. I am making a "follow list" for people in the field.
#Finance #EmergingMarkets #debt #IMF #WorldBank #IADB #LatinAmerica #Africa #CEEMEA #AmericaLatina #India #China #banking #bonds #restructuring
#finance #EmergingMarkets #debt #imf #WorldBank #iadb #latinamerica #Africa #ceemea #americalatina #India #china #banking #bonds #restructuring
The #WorldBank updated country #income classifications. Overall stability with some surprises.
#gni #gdp #development #poverty
World Bank Country and Lending Groups – World Bank Data Help Desk https://datahelpdesk.worldbank.org/knowledgebase/articles/906519?cid=dec_tt_data_en_ext
#WorldBank #income #gni #GdP #development #Poverty
The Energy Storage Partnership ESP stakeholder meetings were convened last week in Loughborough University, UK, jy #WorldBank & #ESMAP to discuss development of technologies and opportunities for cooperation. Many universities nearby have storage research programmes, including Nottingham and Warwick. World Bank will invest US$1bn in energy storage.
https://www.esmap.org/ESP_Forum_9th_Partners_meeting_June_UK
Vast #fossilfuel and #farming #subsidies causing ‘environmental havoc’
#WorldBank says subsidies costing as much as $23m a minute must be repurposed to fight #climatecrisis https://www.theguardian.com/environment/2023/jun/15/vast-fossil-fuel-and-farming-subsidies-causing-environmental-havoc-world-bank
#fossilfuel #farming #subsidies #WorldBank #climatecrisis
The data, which echoes #WorldBank and #UnitedNations estimates, indicates 18 million #Indians live outside their country of birth, making up the biggest #diaspora in the world.
#WorldBank #unitednations #indians #diaspora
US, UK, EU officials met with financial firms on Russian sanctions evasion https://www.euractiv.com/section/global-europe/news/us-uk-eu-officials-met-with-financial-firms-on-russian-sanctions-evasion/?utm_source=dlvr.it&utm_medium=mastodon #IMF #Russianinvasion #Sanctions #UnitedStates #WorldBank
#imf #russianinvasion #sanctions #unitedstates #WorldBank
Why the World Bank must boost green investment in emerging markets https://www.euractiv.com/section/energy-environment/opinion/why-the-world-bank-must-boost-green-investment-in-emerging-markets/?utm_source=dlvr.it&utm_medium=mastodon #IMF #WorldBank
Why the World Bank must boost green investment in emerging markets https://www.euractiv.com/section/energy-environment/opinion/why-the-world-bank-must-boost-green-investment-in-emerging-markets/?utm_source=dlvr.it&utm_medium=mastodon #IMF #WorldBank
Why the World Bank must boost green investment in emerging markets https://www.euractiv.com/section/energy-environment/opinion/why-the-world-bank-must-boost-green-investment-in-emerging-markets/?utm_source=dlvr.it&utm_medium=mastodon #IMF #WorldBank
World Bank chief says Europe needs to help fund Ukraine reconstruction https://www.euractiv.com/section/europe-s-east/news/world-bank-chief-says-europe-needs-to-help-fund-ukraine-reconstruction/?utm_source=dlvr.it&utm_medium=mastodon #Russianinvasion #Ukraine #Ukrainereconstruction #WorldBank
#russianinvasion #Ukraine #ukrainereconstruction #WorldBank
New research using our #population #opendata - Estimating Spatially Disaggregated Probability of Severe #Covid19 and the Impact of Handwashing Interventions: The Case of #Zimbabwe - in #WorldBank Working Paper #NPIs #COVID https://econpapers.repec.org/RePEc:wbk:wbrwps:10328
#population #opendata #COVID19 #zimbabwe #WorldBank #npis #covid
Oh that's just great;
The #WorldBank has today suggested that we are entering a likely decade of economic stagnation which they say will require “a Herculean collective policy effort to restore growth in the next decade to the average of the previous one” if it is to be avoided....
Before the #degrowth folk start with 'this is great', the problem is unplanned 'regrowth' will just see the poor (across the world) suffer & the rich, once again found ways to prosper.
Our Govt.s have failed us!
Like #aviation, #shipping has been able to avoid levies for high-emissions that have been put in place in some sectors.
Now the #WorldBank is putting pressure on the International Maritime Organisation to develop a #green levy as a way of incentivising vessel owners away from polluting heavy #diesel fleets
For developing countries, who see such fleet upgrades as prohibitively expensive, this (again) looks like rich countries trying to get poor contries to pay for damage wrought by the rich!
#aviation #shipping #WorldBank #green #diesel
Number of new measures to enforce gender equality introduced in 2022 were the lowest since the start of the century: World Bank
#womensday #GenderEquality #WorldBank
#Brexit disaster highlighted by #WorldBank figures that show #Poland, #Hungary etc will overtake UK per capita. #BrexitDisaster has cut UK economy by massive 5.5%, this could get worse. https://tinyurl.com/yc5npz34 #RejoinTheEU #ToryBrexitDisaster #SunakOut #ToryCorruption
#brexit #WorldBank #poland #hungary #BrexitDisaster #rejointheeu #ToryBrexitDisaster #SunakOut #ToryCorruption
If you're hoping the new head of the #WorldBank might be its first woman at the top (following both the IMF & WTO), prepare to be disappointed (again).
The #Biden administration has just nominated Ajay Banga (ex-head of Mastercard), who has described himself as a 'totally made in India guy', who they may hope will be (more?) acceptable to developing countries, who were dismayed by the current incumbent's scepticism around #climatechange.
But who knows what other candidates may 'emerge'?
#WorldBank #biden #climatechange