Monday 29 May 2023

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Net zero: Leaving no country behind

For Net Zero to succeed everywhere, we must have a global approach to skills, investment and ideas. We asked Chris Lewis, Global Head of Infrastructure at EY, Malani Padayachee-Saman, CEO of MPAMOT, and president of EFCA, Benoît Clocheret what that means.

World Bank names Ajay Banga as its new president

Following a selection process and interview, Ajay Banga has been selected as the 14th president of the World Bank.

Energy transition investment hits record high of $1.3tn, but more is...

New report from IRENA and CPI warns that far too little investment is finding its way to the global south.

International development transparency gap revealed in new index

The first ever transparency index of international development operations reveals big gap between public finance (Sovereign) transparency and private-focused funding.

World Bank underpins social and environmental risk with procurement rules

Tesfaalem Gebreiyesus, lead procurement specialist at the World Bank, set out the bank’s approach. 

IDB looks to address dispute board absence in its construction contracts

Roberto Laguado Giraldo, senior procurement specialist at the Inter-American Development Bank, sets out the growing use of international contracts across countries across the Americas, but with a  notable absence of dispute boards.

World Bank: Income distribution better than energy subsidies

In a comprehensive analysis of growth in East Asia and the Pacific, the World Bank has warned that policy responses to distortions in food and energy markets may reduce funding for infrastructure, health and education.

ADB president warns of four global risks

Asian Development Banks’s Masatsugu Asakawa warns that China’s slowdown, global financial instability, Russia’s invasion of Ukraine, and the threat of new Covid variants are serious threats to Asia’s economic recovery and development. 

AfDB president: Roses of growth come with debt thorns

Dr Akinwumi Adesina has told an audience in New York that huge opportunities for growth in Nigeria and Africa risk being held back by debt and climate change. 

Chongqing Rail Transit Loop Line leads communications-based train control

A high-density and mountainous city has shown how building Communications-Based Train Control (CBTC) can help make a new metro line efficient and successful while its new train technology also cuts carbon.
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