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  • Africa accounts for just 4% of greenhouse gas emissions but is on the frontline of the impacts of climate changes, according to leading figures on the continent and in the Caribbean who are demanding that rich nations do more to protect the most vulnerable.
  • The World Bank is hoping to step up its activity as an intermediary in commodity hedging transactions, providing credit enhancements for its clients in their arrangements with insurers to protect them from external shocks
  • Kenya’s acting finance minister tells GlobalMarkets that he expects to conclude a new standby loan facility with the International Monetary Fund by the end of the year as part of a strategy to reduce its debt stock
  • Central bankers from Sri Lanka and Indonesia tell GlobalMarkets why Asian countries are annoyed with the IMF for not ensuring that their countries’ voting shares in the fund match the size and characteristics of their economies and so leave them with less of a voice
  • India has become the latest emerging market to use its sovereign wealth fund to move into the infrastructure arena. Managing director Sujoy Bose tells GlobalMarkets that investors could make a return as high as 18% but investors still fret over bureaucracy
  • The head of Indonesia’s fiscal policy agency tells GlobalMarkets that his country is determined to hit its pledge to cut carbon emissions by 30% and called on policymakers to put a robust carbon tax back on the political agenda